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FINANACE
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What is travel finance?
Travel Finance is a personal loan granted by HDFC Bank at their sole discretion subject to the applicant fulfilling the criteria prescribed by them. For further details, please see the Finance My Trip section. |
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Do I need to pledge or provide any security?
For a personal loan you do not need to pledge or provide any security. |
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Am I eligible for a personal loan?
The eligibility criteria prescribed by HDFC is given in detail in the Finance My Trip Section. |
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What loan amount I can avail?
You can get a loan from Rs. 15,000/- to a maximum of Rs 3,00,000/-. |
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What is the tenure?
You have the option of repaying the loan over a term of 12, 24, 36 or 48 months. |
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What are the costs of the loan?
An upfront processing fee of 2% of the loam amount is charged by the bank. The loan is repayable in equated monthly instalments (EMI) over the loan period. The rates of EMI on a loan of Rs. 1 lac for various tenures is given in the Finance My Trip section. |
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How long will it take to process my loan?
On receiving the required loan details from you, we will immediately forward it to HDFC bank. All the loans are granted by HDFC bank at their sole discretion subject to the fulfillment of the eligibility criteria by the applicant. |
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Can I prepay the loan?
You have the option of pre-paying your loan at any time during the tenure of the loan. A prepayment fee of 2% will be payable on the amount being pre-paid. However, part pre-payment of the loan is not allowed.
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