If you are planning to borrow money from HDFC Bank, one of the most important factors to check is the HDFC Bank loan interest rate. The interest rate directly affects your monthly EMI and the total amount you will repay over the loan tenure.
HDFC Bank offers several types of loans, including personal loans, home loans, car loans, two-wheeler loans, loans against property and other credit facilities. The applicable interest rate can vary depending on the loan product, borrower profile, loan amount, tenure, credit history and other factors.
According to HDFC Bank’s current interest-rate information, rates listed on its website include Personal Loan from 9.99% p.a., Home Loan from 7.90% p.a. and Car Loan from 9.32% p.a.
Note: Interest rates are subject to change. The actual rate offered to an individual borrower may differ from the starting rate shown by the bank.
HDFC Bank Loan Interest Rate 2026
The following table gives an overview of rates currently published by HDFC Bank:
| Loan Type | Interest Rate |
|---|---|
| Personal Loan | 9.99% p.a. onwards |
| Home Loan | 7.90% p.a. onwards |
| Car Loan | 9.32% p.a. onwards |
| New Car Loan | Rates depend on loan amount, tenure and CIBIL score |
| Used Car Loan | 11.25% p.a. onwards rack rate |
| Loan Against Car | Rates depend on borrower and vehicle profile |
HDFC Bank states that loan interest rates can change, and borrowers should check the applicable rate before applying.
HDFC Bank Personal Loan Interest Rate
HDFC Bank’s current interest-rate page lists Personal Loan rates starting from 9.99% p.a.
A personal loan is generally an unsecured loan, meaning the borrower does not normally have to pledge an asset as collateral.
The final personal loan interest rate may depend on factors such as:
- Credit score
- Monthly income
- Employment profile
- Existing loans and liabilities
- Repayment history
- Loan amount
- Loan tenure
- Relationship with the bank
Before accepting a personal loan, borrowers should compare the interest rate with the APR, processing fee and other applicable charges, rather than looking only at the advertised starting rate.
HDFC Bank Home Loan Interest Rate
HDFC Bank currently lists Home Loan interest rates from 7.90% p.a. onwards on its interest-rate page.
Home loan interest rates can have a significant effect on the overall cost of a long-term loan because home loans may run for many years.
For example, even a small difference in the interest rate can affect the EMI and total interest paid over a 15-, 20- or 30-year tenure.
HDFC Bank’s home-loan documentation also explains that certain loans may have variable or reference-rate-linked interest structures, meaning the applicable interest rate can change when the relevant reference rate or applicable terms change.
HDFC Bank Car Loan Interest Rate
HDFC Bank’s website currently displays car-loan pricing from 9.32% p.a. on its general interest-rate page, while its dedicated new-car-loan page displays a starting rate of 8.15% under applicable terms and conditions. This illustrates why borrowers should check the specific product page and the rate actually offered to them before applying.
HDFC Bank says its new-car loan pricing can depend on factors including the loan amount, tenure and CIBIL score. Its September 2026 car-loan page also publishes historical IRR and APR ranges for customers during April–June 2026.
For example, HDFC Bank’s published data for that period shows:
- Minimum Bank IRR: 7.60%
- Maximum Bank IRR: 14.00%
- Average Bank IRR: 8.63%
- Minimum APR: 7.64%
- Maximum APR: 17.92%
- Average APR: 8.78%
These figures are historical published ranges for the specified period and should not be treated as a guaranteed current rate for a new application.
HDFC Bank Used Car Loan Interest Rate
For pre-owned car loans, HDFC Bank currently publishes a rack interest rate of 11.25% p.a. onwards, depending on factors such as the loan amount, tenure and CIBIL score.
The bank also publishes IRR and APR information for used-car loans and loans against cars. For April–June 2026, the published range was 9.50% to 17.00% for Bank IRR, with an average of 13.51%.
What Determines Your HDFC Bank Loan Interest Rate?
The advertised starting rate does not necessarily mean every applicant will receive that rate. Your final rate can depend on several factors.
1. Credit Score
Your credit history is one of the important factors lenders consider while evaluating a loan application.
A strong repayment history and healthy credit profile can help demonstrate lower credit risk.
2. Income and Employment
For personal and other retail loans, your income and employment profile can influence the lender’s assessment of repayment capacity.
3. Loan Amount
The amount you borrow can influence the pricing and overall cost of the loan.
4. Loan Tenure
A longer tenure can reduce your monthly EMI, but it may increase the total interest paid over the life of the loan.
5. Existing Relationship With HDFC Bank
Existing customers may receive different pricing or offers depending on the product and their eligibility. HDFC Bank’s car-loan page, for example, mentions preferred pricing for existing customers under applicable schemes.
6. Type of Loan
Interest rates vary considerably between personal loans, home loans, new-car loans, used-car loans and other loan products.
How to Calculate HDFC Bank Loan EMI
Your EMI depends mainly on:
- Loan amount
- Interest rate
- Loan tenure
The standard EMI formula is:
EMI = P × R × (1 + R)ⁿ / [(1 + R)ⁿ − 1]
Where:
- P = Principal loan amount
- R = Monthly interest rate
- N = Number of monthly instalments
Example
Suppose you borrow ₹10 lakh at an annual interest rate of 10% for 5 years.
The monthly EMI would be approximately ₹21,247.
The exact EMI will vary if the applicable interest rate, loan amount or tenure changes.
HDFC Bank Loan Charges You Should Check
Interest isn’t the only cost associated with a loan.
Depending on the loan product, you may have to consider:
- Processing fee
- Documentation charges
- Prepayment or foreclosure charges
- Part-payment charges
- Late-payment charges
- Stamp duty
- Government taxes
- Other applicable service charges
For example, HDFC Bank’s current new-car-loan information lists processing fees of up to 0.5% of the loan amount, subject to specified minimum and maximum amounts.
For used-car loans, HDFC Bank lists processing fees of up to 1%, subject to specified minimum and maximum amounts.
Therefore, borrowers should calculate the total cost of borrowing, not just compare the headline interest rate.
How to Get a Better HDFC Bank Loan Interest Rate
You can potentially improve the terms available to you by maintaining a strong credit profile and presenting accurate financial information.
Some useful steps include:
- Maintain a good credit repayment history.
- Keep existing debt under control.
- Choose a loan amount that matches your repayment capacity.
- Compare different tenure options.
- Check offers available to existing customers.
- Compare the interest rate with the APR and total charges.
- Read the Key Fact Statement and loan agreement before accepting the loan.
HDFC Bank Loan Interest Rate FAQs
What is the HDFC Bank loan interest rate in 2026?
HDFC Bank’s published starting rates vary by loan type. Its current interest-rate page lists Personal Loans from 9.99% p.a., Home Loans from 7.90% p.a. and Car Loans from 9.32% p.a.
What is the HDFC Bank Personal Loan interest rate?
HDFC Bank currently lists Personal Loan interest rates starting from 9.99% p.a.
What is the HDFC Bank Home Loan interest rate?
HDFC Bank currently lists Home Loan interest rates starting from 7.90% p.a.
What is the HDFC Bank Car Loan interest rate?
HDFC Bank’s general interest-rate page currently lists Car Loan rates from 9.32% p.a., while its dedicated new-car-loan page displays a starting rate of 8.15% subject to applicable terms and conditions.
Does CIBIL score affect HDFC Bank loan interest rates?
It can. HDFC Bank’s car-loan information specifically states that the rack rate depends on factors including the loan amount, tenure and CIBIL score.
Can HDFC Bank loan interest rates change?
Yes. HDFC Bank states that interest rates are subject to change and advises customers to check with the bank for the current applicable rate.
Is the lowest advertised rate guaranteed?
No. A starting or “onwards” rate is not necessarily the rate every borrower will receive. The final rate depends on the product and the applicant’s circumstances, eligibility and the bank’s assessment.
Final Thoughts
The HDFC Bank loan interest rate depends on the type of loan and the borrower’s profile. Current rates published by HDFC Bank show different starting points for personal, home and car loans, so it is important to check the specific loan product before applying.
When comparing loans, don’t look at the interest rate alone. Consider the APR, EMI, processing fee, prepayment conditions, tenure and total repayment amount. This gives you a more complete picture of the actual cost of borrowing.
Last Updated: September 2026
Disclaimer: This article is for informational purposes only. HDFC Bank interest rates, fees, eligibility criteria and other terms may change. The actual rate offered to a borrower depends on the bank’s prevailing policies and individual eligibility. Please verify the applicable rate and charges with HDFC Bank before making a financial decision.
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