Enclosed below are HDFC Bank Loans for professionals Interest Rates & Charges. Senior Citizen Customers are eligible for discount of 10% on all service charges. Fee. Charges. Rack Interest Rate Range. 11.01% to 14.00%. Loan Processing Charges. Up to 2.00% of the loan amount. For context, amongst the banks and financial institutions listed below, Citibank, Bank of Baroda, PNB, and IDFC First Bank offered home loans for 6.5%, and the highest rate was 6.9%. Now, after HDFC Bank . 8.50% onwards. Axis Bank provides floating and fixed interest rate home loans with terms ranging from 10 to 30 years. Eligibility - age 21 to 60 years ; Post-merger, if the bank reduces interest rates of home loans or offers other benefits, then existing HDFC home loan borrowers may benefit from the merger of the HDFC twins HDFC Bank , India's largest private sector lender, is likely to complete its merger with its parent, Housing Development Finance Corporation Ltd (HDFC), by June 30, 2023. HDFC Personal Loan Interest Rates. HDFC Bank offers personal loan at an interest rate ranging between 10.50% to 21.50% p.a. One can choose a repayment tenure between 1 year to 5 years. However, the interest rate levied on your loan will depend on factors such as the loan amount, your credit score etc. Particulars. All loan approvals are at the sole discretion of the bank. . Apply online for a business loan of up to Rs.75 lakh instantly at the lowest interest rates. At HDFC Bank, apply for a business loan with a minimal documentation process. This is the loan EMI calculator excel sheet formula. Using the following values in the PMT formula in excel: Loan Amount = Rs 50 lakh. Loan Tenure in Months = 25 years * 12 = 300 months. Monthly Interest Rate = 8%/12 = 0.666%. We get, PMT (0.006667, 300, 5000000) = Rs 38,591. That is, the monthly EMI is Rs 38,591 per month (in EMI). The country's second largest private lender - ICICI Bank raised interest rates on Marginal Cost of Funds Based Lending Rate (MCLR) loans by 15 basis points across tenors with effect from August 1. x9kTX.