HDFC Bank offers the "Loan on Credit Card" to its eligible credit card holders with the traditional loan application process. These customers get instant access to cash to fulfill their immediate financial needs.
An HDFC Credit Card Loan is a pre-approved loan offered to select HDFC Bank credit cardholders, allowing them to borrow funds based on their credit card usage, repayment history, and creditworthiness. Unlike traditional personal loans, these loans require no collateral or extensive documentation, making them ideal for quick access to funds. HDFC offers three main types of credit card loans, each tailored to different needs:
These loans are disbursed instantly to HDFC savings account holders (in 1 second) or within 7 days for non-account holders via NEFT/demand draft.
To be eligible for HDFC's Credit Card Loan, you are required to have a:
Reach out to HDFC customer care at 1860 266 6161 or visit the bank’s website to enter your card details and mobile number to check your eligibility.
The HDFC credit card loans have a very simple and straightforward application process. Use any of the below-mentioned methods:
The bank does not require any documentation from customers because HDFC Credit Card Loans are pre-approved credit card loans. They are only provided to select HDFC Bank Credit Cardholders.
HDFC Credit Card Loans offer several advantages:
Interest rates for HDFC Credit Card Loans start at 1.25% per month (approximately 15% annually). It varies based on the loan amount, credit score, and loan type. The bank also charges the following additional charges:
Cardholders can make repayments via easy monthly EMIs. they are automatically added to your credit card statement. You can pay via:
| Criteria | Credit Card Loan | Personal Loan |
|---|---|---|
| Interest Rate | 1.25% per month onwards | 10.5%-24% per annum |
| Documentation | None for pre-approved loans | Requires income proof, KYC documents |
| Disbursal Time | 1 second (HDFC accounts); up to 7 days | 1-7 days |
| Loan Amount | Up to ₹10 lakh (Jumbo Loan) | Up to ₹40 lakh |
| Tenure | 6-60 months | 12-60 months |
| Eligibility | Pre-approved for select cardholders | Based on income, credit score |
Credit card loans are faster to get and require less paperwork in comparison to personal loans
HDFC Credit Card Loans offer a fast, hassle-free way to access funds for urgent or planned expenses. They require almost zero documentation and come with a flexible tenure of 6 to 60 months. You can choose any of Insta Loan, Insta Jumbo Loan, or SmartEMI, which suits your financial needs.
HDFC Credit Card Net Banking makes managing your card simple. You can easily see your credit limit, recent transactions, payment due dates, and reward points. It also lets you pay your bills, request card blocks or limit increases, and view statements without searching through emails
Paying your credit card bill is easy with HDFC Net Banking. Just go to the credit card section and choose the "Make Payment" option. You don't need to use any other payment method.
Yes, you can block your card if you lose it or suspect it's been stolen. Log in to your Net Banking account, select the card, and choose the "Block Card" option. Your card will be blocked immediately.
HDFC Credit Card Net Banking offers many helpful services. You can check your credit limit, reward points, and statements. You can also sign up for easy payment plans (SmartEMI or Insta Loans), increase your credit limit, and set up automatic payments. You can even generate your PIN, request a card block, or upgrade your card.
