Struggling with endless queues at the bank branch to close your HDFC personal loan? Say goodbye to the hassle! This step-by-step guide empowers you to close your loan entirely online in just minutes, saving you precious time and effort.
Contents
Prerequisites
- Have your mobile number and loan account details readily available.
- Pre-closure charges might apply based on your loan term.
- Funds can be from any bank through a secure payment gateway.
Step-by-Step Guide for HDFC Online Loan Closure
- Head to HDFC’s Online Loan Closure Page: (https://www.hdfcbank.com/personal/resources/learning-centre/borrow/how-to-close-a-personal-loan)
- Click “Click here” for an online token or directly proceed to (https://www.hdfcbank.com/personal/resources/loan-closure).
- Enter your HDFC loan-linked mobile number (or an HDFC bank account number) and the received OTP.
- Choose the loan account you want to close, followed by your city and branch (any HDFC branch works!).
- Review your EMI details and outstanding amount.
- Select “Foreclosure Request” under Service Requests.
- Understand pre-closure charges based on your loan term.
- Check the displayed foreclosure amount, choose a closure reason, and proceed.
- Click “Not Now” for loan closure link request and proceed with remarks.
- Read and submit the declaration.
- A successful message confirms your service request and mentions an upcoming SMS link.
- Click the HDFC link in the SMS (note down the order and amount).
- Verify details and confirm payment.
- Upon successful payment, receive a confirmation message and closure letter email within 10 working days.
Loan closed within 24 hours! You’ll also see it updated on your HDFC banking portal and receive a closure confirmation email. The NOC letter usually arrives within 10 working days.