USP of HDFC Bank Personal Loans

HDFC Bank is one of the premier banks in the country catering to lots of people.HDFC Personal Loans are one of the most lucrative and hassle free Personal Loans from a Private Bank.Some of the unique features of HDFC Bank Personal Loans are

First time borrowers can apply: Another benefit of a personal loan from HDFC Bank is that first time borrowers can also apply. Of course, the applicant should have a good credit rating and satisfactory credit health along with the required documentation in place.

Special benefits to women employees: Women employees are offered a special proposition on personal loans by HDFC Bank. Known as the Personal loan Diva, this offers women employees more than 100 free alliance offerings across 100 locations in the country.

Multiple touch points with the bank: Being a new generation private sector bank, HDFC Bank offers multiple touch points to its customers, thus bringing in comfort and better customer service. Loans can be applied by walking into the bank branch or online, through BankBazaar.com. Once the loan is disbursed you can reach the bank through SMS, Webchat, Click2Talk and Phone banking as well. The convenience of applying and getting the personal loan from your doorstep can be experienced in this case.

Insurance cover: On payment of the required premium, the borrower of HDFC personal loan can get a personal accident cover along with a critical illness cover. The insurance policies are offered by HDFC Ergo GIC Limited. A personal accident cover of upto Rs. 8 lakhs and a critical illness cover of upto Rs. 1 lakh can be taken, and the premium for the same is deducted from the loan at the time of the disbursal. Although the insurance cover does not come free, the option of taking a cover is very convenient, as many borrowers do not cover this risk on their own.