Your Financial Freedom Starts Here – Explore, Calculate & Apply Online!
A Personal Loan is an unsecured loan, meaning you can borrow funds without providing any collateral. Eligibility is based on your income, employment status, and credit history.
With Loan Shopie, you can secure Personal Loans up to ₹40 Lakh and repay them conveniently through affordable EMIs and flexible tenures. Our fully digital application process allows you to apply anytime, anywhere, even on holidays. Take advantage of fixed interest rates and customizable repayment options designed to simplify your financial planning.
Additionally, we assist you in accessing pre-approved loan offers with minimal documentation. Count on Loan Shopie to provide a hassle-free and efficient solution for both your planned and unexpected financial needs. Beyond the standard loan, we also offer valuable byproducts like Top-up Loans, Balance Transfers, and Xpress Loans to suit your evolving financial requirements. Let us help you achieve financial freedom with ease and confidence!
EMI Calculator
EMI: ₹0
Personal Loan: Key Features
Personal Loan Upto ₹40 Lakh Loan
Meet loan requirement without compromise
Affordable Interest Rate
Save more with competitive interest rates
Xpress Personal Loans
✔️ End-to-end digital
✔️ No Physical Paperwork
✔️ Instant Approval
✔️ Loan Up to ₹40 Lakh
✔️ Available for HDFC Bank & other bank customers
Top-up Loans
You can avail of HDFC Bank’s Personal Loan Top Up and the added benefits like flexible tenure
Loan Protection Insurance
Safeguard your loan disbursement with our Credit Product Insurance and ensure financial security for your loved ones
Minimum Paper Work
Share document via Account aggregators
Balance Transfer
Transfer Your Existing Personal Loan & High-Utility Credit Card Balances to Your HDFC Bank Account
All you need to know about Personal Loan
No Collateral Required
Enjoy hassle-free financing without pledging any assets or property. Loan approval is based solely on your income and creditworthiness.
Quick Access to Funds
Personal Loans are processed swiftly, ensuring you receive the funds in no time—often within seconds or just a few days after approval.
Flexible Usage
Use Your Loan for Anything!
You can use our personal loan for any purpose you need. This includes Wedding expenses, Home renovations, Medical emergencies, Children’s Education, Travel, Dream vacation or other Personal needs. There are no restrictions! Enjoy the freedom to use your loan however you want!
Budget-Friendly EMIs
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Age:
21 to 60 years -
Employment:
Employees of private limited companies
Employees of public sector undertakings (central, state, and local bodies) -
Work Experience:
Minimum of 2 years of total work experience, with at least 1 year in the current organisation -
Income:
Minimum monthly net income of ₹25,000
At HDFC Bank, all fees and charges associated with the loan are disclosed at the time of loan application.
| Rate of Interest | 10.95% to 24.00% (Fixed Rate) |
| Loan Processing Charges | Up to ₹ 6,500/- + GST |
| Stamp Duty | At actuals (Per applicable state laws) |
Charges post Loan Disbursement
Fee | Amount to be paid |
Legal/Incidental Charges | At actuals |
Amortization Schedule Charges | ₹ 50/- per schedule for physical copy. Customer can also download from website free of cost. |
| Repayment mode change charges | ₹ 500/- |
Payment Return Charges # | ₹ 450 Per Instance |
Loan cancellation Charges & Rebooking Charges | Loan cancellation Charges: |
| Delayed instalment payment charge | 1.50% per month (18% p.a) plus applicable government taxes on overdue instalment amount Charge to be applied for all accounts where instalment remains unpaid after expiry of grace period of 7 calendar days from due date of instalment |
Premature Closure Charges
Fee | Amount to be paid |
Premature Closure Charges | Upto 24 EMI- 4% of principal outstanding +GST |
Identity Proof & Address Proof (Any one of the below document)
- Aadhaar card
- Driving license
- Valid passport
- Voter ID card
Latest 3 months salary slips/Salary certificates with latest Form 16
Bank statement of previous 3 months or Passbook of previous 6 months
Note: No documents for pre-approved Personal Loans. Find the complete list of Personal Loan documents
Fast Approval, easy access. Get your personal loan now!
Step 1 : Share your details
We’ll guide you in understanding your eligibility and help you choose the best loan option that suits your needs.
Step 2: Complete Document verification
Upload the necessary documents, and Loan Shopie executives will guide you through the entire process, ensuring fast approval and smooth disbursal of funds.
FAQs on Personal Loan
To avail of the Personal Loan, all you need to do is submit the loan application form.On meeting the eligibility critieria, you will get an offer with the sanctioned amount, tenure of loan and interest rate.Once you accept the offer, funds are transferred to your bank account instantly.
You can also submit the application form online in just a few clicks.
Personal Loan is offered upto ₹40 Lakh. However, basis the loan requirement, one can avail upto ₹75 Lakh subject to eligibility norms.
A CIBIL score above 720 is considered good for sanctioning of Personal Loan.
You pay the loan in equal monthly instalments (EMIs) through ECS or a standing instruction to debit your respective bank account with the EMI amount.
You don’t need to provide any security, collateral or guarantor to obtain a Personal Loan.