- 1 What is the interest rate for HDFC Credit Card EMI?
- 2 How can I pay all EMI in HDFC credit card?
- 3 How is HDFC EMI eligibility calculated?
- 4 How is EMI amount calculated?
- 5 Can we foreclose credit card EMI HDFC?
- 6 What if I pay more than EMI in credit card?
- 7 How much loan can I get if my salary is 15000?
- 8 How much loan can I get on 50000 salary?
- 9 What is smart EMI HDFC?
- 10 What is the EMI for 40 lakhs loan?
- 11 What is the EMI for 15 lakhs home loan?
- 12 What is the EMI for 20 lakhs home loan?
What is the interest rate for HDFC Credit Card EMI?
The rate of interest for EMI on HDFC credit cards is 1.5% per month (9 months to 3 years).
How can I pay all EMI in HDFC credit card?
Visit the loan officer at your nearest HDFC bank branch. Enquire the current balance in your loan account. The loan officer will also intimate you of any pre-closure charges or penalties. Pay the entire balance amount (sum of all pending EMIs + preclosure charges, if any ) using a cheque or DD.
How is HDFC EMI eligibility calculated?
HDFC Bank customers check your loan eligibility instantly- SMS
How is EMI amount calculated?
The mathematical formula to calculate EMI is: EMI = P × r × (1 + r)n/((1 + r)n – 1) where P= Loan amount, r= interest rate, n=tenure in number of months.
Can we foreclose credit card EMI HDFC?
Pre-closure charges HDFC allows cardmembers to pre-close the loan and save on interest charges before the actual end of the loan term. There will be a prepayment penalty applicable for closures which happen before the term end date. It is billed at the rate of 3% of the outstanding balance amount in the EMI account.
What if I pay more than EMI in credit card?
If you fail to pay your credit card dues in any month, you will be charged a hefty interest of anywhere between 24%-36% for non- payment. This interest will be charged on your EMI amount as well, which already carries the basic interest of the EMI facility, causing a double whammy.
How much loan can I get if my salary is 15000?
HDB Financial Services offers personal loans of up to Rs. 20 lakh to individuals who earn a minimum income of Rs. 15,000. Those who reside in metro cities like Ahmedabad, Chennai, Bengaluru, Kolkata, Delhi, Pune, Mumbai, and Hyderabad are required to earn at least Rs.
How much loan can I get on 50000 salary?
5,40,000. On the other hand, if you are wondering – how much personal loan can I get on a 40,000 salary, the loan sanction amount will be close to Rs. 10.80 lakhs. Multiplier Method.
|Salary||Expected Personal Loan Amount|
|Rs. 40,000||Rs. 10.80 lakhs|
|Rs. 50,000||Rs. 13.50 lakhs|
|Rs. 60,000||Rs. 16.20 lakhs|
What is smart EMI HDFC?
Convert large purchases on your HDFC Bank credit card into SmartEMI and enjoy stress-free repayment. Enjoy attractive interest rates, among the lowest in the market. Get credit into your HDFC Bank account in seconds and repay conveniently over 9 to 36 months. The loan is pre-approved so no documentation is required.
What is the EMI for 40 lakhs loan?
EMI Calculations for a Home Loan of Rs. 40 Lakh with varying Tenors
|Loan Details||Monthly Instalment||Net Interest|
|40 lakh home loan EMI for 20 years||Rs. 38,601||Rs.52,64,132|
|40 lakh home loan EMI for 15 years||Rs. 42,984||Rs.37,37,204|
|40 lakh home loan EMI for 10 years||Rs. 52,860||Rs.23,43,266|
What is the EMI for 15 lakhs home loan?
EMI Calculations for a Home Loan of Rs. 15 Lakh with Different Tenors
|Loan Amount||EMI when Tenor is 10 Years||EMI when Tenor is 15 Years|
What is the EMI for 20 lakhs home loan?
EMI on a 20 lakh home loan for 20 years
|Loan Amount||Interest rate||EMI|
|Rs. 20 lakh||6.75%*||Rs.19,300|