Borrow HDFC Personal Loan & Meet Wedding Expenses Without Any Hassle

hdfc personal loan

Wedding preparations are exhausting and expensive. And sometimes there are situations where the expenses cross the limited budget. In such scenarios, borrow an HDFC Personal Loan. This is the easiest way to tackle a financial crisis. You can pay the loan in easy installments, so it won’t be a burden on you. On this page below you will learn more about the HDFC Personal Loan. So, begin reading!

How Much Can I Borrow from HDFC Bank?

The bank can lend you a loan up to INR 40 Lakh. But your loan limit is based on what you earn. To be eligible for an HDFC Personal Loan, so you can meet your wedding expenses, you need a salary of INR 25,000 minimum. If you meet this criterion this doesn’t mean you can borrow a high loan amount. The income requirement may increase as you apply for a high loan. 

You can check your loan eligibility using the HDFC Personal Loan Calculator. There is an online tool available on the bank website that lets you know the loan limit. To use this, you have to insert the following details inside it –

  • Company name
  • Take-home income
  • Experience 
  • Age
  • Current EMI
  • Income

Afterward, tick the terms and conditions box. The eligible loan amount will display on the screen. Below that, you’ll see the ‘Talk to Our Loan Expert’ button. Click that to connect with the bank representative who will tell you about the product details, etc.

How Does the HDFC Personal Loan Calculator Work?

Well, it combines all your inserted details and estimates your savings. That is the amount that you will use to pay the EMI. Let’s see that in detail –

Company Name

Well, if you’re a salaried employee, your company’s name plays an important role in deciding your loan limit. How? If you work in a well-known company, the job security is good and the income will be regular. So, there won’t be any hurdles in your repayment. Whereas, someone who works in a company that is not so known and hasn’t been in the market for a long time, there is a chance the company may fire the employees. It means the job security is not good there, which can lead to non-payment of EMI. 

Current EMIs

If you have an existing loan and you barely save some money from your income, it is not possible you can borrow an HDFC Personal Loan for a wedding. The bank doesn’t have any problem with your current EMIs as long as your income can afford two EMI payments. So, if that’s the case with you, borrow the loan and meet your wedding expenses. 


Your age helps the lender know your earning capacity. Because there is a time when one isn’t able to do a job. The age criteria for an HDFC Personal Loan are 21 to 60 years. So if you’re near the 60 age radius, you might not be able to afford a high loan repayment. But if you show with your income that you can afford the same, the bank may negotiate and offer you a loan. 

Above 60 years of age, people won’t be eligible to apply for a personal loan as they don’t meet the basic criteria. So, do check the bank requirement before applying for the loan. 

How to Get an HDFC Personal Loan for a Wedding?

You can apply for a personal loan by visiting the bank’s website. No bank branch visits are necessary for the loan application. Submit an online application and get your answer. But before doing that use the HDFC Personal Loan EMI Calculator to check out whether you qualify for the loan or not. If you’re eligible, upload KYC and income proof and get the money. 

By Admin

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