HDFC Bank
Private bank · Best rate currently: 8.50%
Interest rate
8.50% – 10.50%
Tenure
3 – 7 years
Max loan (unsecured)
₹10.0 lakh
With collateral
₹25.0 lakh
Processing fee
₹1,500 + 1.00%
Prepayment penalty
2.00%
About this loan
[PLACEHOLDER] HDFC Bank is a private-sector option with faster processing and a higher rate band than PSU banks. Rates and terms shown are public information; verify on the bank's portal before applying.
Rates last verified 2026-05 · Public bank disclosures + government subsidy portal
Eligibility
Min credit score
720
Min age
23 years
States served
Pan-India
Documents required
- PAN
- Aadhaar
- Address proof
- Income proof (ITR / salary slip)
- Bank statements (6 mo)
- Electricity bill
- Installer quotation
Application steps
- 1Apply on HDFC Bank portal or call relationship manager
- 2Submit documents online or at branch
- 3Branch verifies
- 4Sign agreement
- 5Disbursement
EMI illustration
For a loan of ₹2,00,000 at 8.50% over 5 years, your EMI would be approximately:
₹4,103/month
Illustrative only. Final EMI depends on credit score, actual approved rate, and exact tenure. Verify on the bank's portal.
Disclaimer
RainbowHome is not a regulated lender. We surface rates and terms published by the lender; we do not collect KYC documents, do not process applications, and earn no spread on the loan. The "Apply" button below opens the lender's own government-subsidy landing page.