RD BOOKING VIA SMS. With HDFC Bank's Recurring Deposit, you can: An investment as small as Rs. 1000 (and in multiples of Rs. 100 there after) or as large as Rs. 1,99,99,900 per month. A minimum tenure of 6 months (and in multiples of 3 months thereafter) up to a maximum tenure of 10 years. For NRI customers, the minimum tenure of RD is 12 months. HDFC Bank Ltd. offers home loans which require minimal and ; easy documentation without any hidden charges at attractive rate of interest. HDFC Bank Ltd.’s attractive interest rates make housing loans affordable and easy on the pocket. The home loan process, aided by doorstep assistance makes the entire process of application and loan disbursal simple and easy. Enclosed below are HDFC Bank Business Loan Interest Rates & Charges. Senior Citizen Customers are eligible for discount of 10% on all service charges. Fee. Charges. Rack Interest Rate Range. Minimum 10.00% and maximum 22.50%. Loan Processing Charges. Up to 2.00%* of the loan amount. NIL Processing Fees for loan facility up to ₹5 Lakhs availed Loan to value ratio. · For loans of up to Rs 30 lakh: Up to 90%. · For loans between Rs 30 lakh and Rs 75 lakh: Up to 80%. · For loans above Rs 75 lakh: Up to 75%. Processing charges (non-refundable) 1% of loan amount or Rs 10,000 whichever is higher, IMD – Rs 2,500. Note: Interest rates as on 18th December 2023. Minimum Interest Rate 9.50% p.a. Maximum Interest Rate 11.00% p.a. HDFC Bank has not disclosed differential interest rates based on the credit score, occupation profile, etc. of its application. However, many lenders consider these factors while setting their Loan Against Property interest rates So, for instance, if you take a loan of Rs. 10 lakh for a tenure of 30 years, you will get subsidy for Rs. 9 lakh for 20 years. The balance Rs. 1 lakh will be charged at the regular home loan rates and you will pay the regular interest rates on the outstanding loan amount for the period beyond 20 years (i.e. for the balance 10 years). 5 The home loan calculator uses a standardised method to calculate the EMI amount that one has to pay every month. E= 1,00,00,000 x 10 (1+10)240 (1+10) 240-1, which equates to Rs. 96, 502. Do note that the EMI amount remains constant for home loans with a fixed rate of interest. For home loans with a floating interest rate, one has an HDFC Longer the tenure, lower the EMI, but your interest payments will be higher in that case. You should choose a Car Loan with a tenure that will allow you to pay EMIs comfortably. But don’t stretch out the tenure too long – that will be costly in the long run. HDFC Bank offers Car Loans starting at pocket-friendly EMIs as low as Rs 1,111 per The Business Loan Calculator is an online tool where you need to input the requisite loan amount ranging from Rs. 50,000 to Rs. 15,00,000. The tenure of the loan from 1 year to 5 years and the interest rate that ranges from 10.75% to 22%. Depending on your input of information, the loan calculator will display the equated monthly instalments 1QCeNUH.