HDFC Bank Personal Loan Foreclosure Charges (2026)
HDFC Bank's published schedule lists a charge based on the number of paid EMIs: 4% plus applicable taxes within 24 EMIs, 3% for 25–36, and 2% after 36. Part-prepayment is subject to a 25% cap, frequency limits, and the same charge slabs. Request a dated quote and check your loan agreement; the RBI Directions may apply to qualifying floating-rate loans.
HDFC Bank personal loan foreclosure charges at a glance
| Foreclosure charge | 2–4% of principal outstanding + GST (EMI-seasoning based) |
|---|---|
| Part-prepayment | Allowed after the first EMI; once per financial year and twice over the loan tenure, up to 25% of principal outstanding. Same seasoning-based charge slab applies. |
| Lock-in / when allowed | The current published schedule ties charges to the number of EMIs paid; check your loan agreement for any account-specific restriction on when closure is allowed. |
| Official fee schedule | HDFC Bank Personal Loan — Fees & Charges · verified 2026-10-06 |
Charge breakdown
- 4% + GST if closed within 24 EMIs
- 3% + GST between 25 and 36 EMIs
- 2% + GST after 36 EMIs
Check the current RBI rule for your lender[RBI Master Directions index]
RBI prepayment-charge instructions are set out in lender-category-specific Master Directions. For covered floating-rate loans to individuals for non-business purposes, charge eligibility depends on the applicable direction, loan dates, and rate type on the prepayment date. Check the direction for your lender and your loan documents.
The standalone RBI prepayment notification issued in 2025 has been withdrawn. Prepayment-charge instructions are set out in lender-category-specific Master Directions. Find the direction for your lender and check its scope against the sanction or renewal date, borrower type, loan purpose, rate type, and loan documents.
How to foreclose a HDFC Bank personal loan
Request a foreclosure statement via NetBanking or branch, pay outstanding principal + charge + GST, collect closure letter and NOC.
How to compare a foreclosure quote
Request the lender's dated closure quote and compare it with the future payments under your current schedule. A simple estimate is (scheduled EMI × remaining payments) − current principal, but it assumes the EMI and rate stay unchanged and excludes other fees or insurance. Include all quoted charges and taxes, and consider the value of keeping the cash available. This arithmetic is a screening estimate, not a substitute for the lender's settlement figure.
Worked example
Suppose 12 scheduled EMIs of ₹45,000 remain. Those payments total ₹5,40,000. If the lender's dated closure quote, including applicable charges and taxes, is ₹5,10,000, the nominal cash outflow difference is ₹30,000.
This is only a screening comparison: it does not account for the time value of cash, insurance refunds, or other costs that are not included in the quote.
Related tools & guides
Sources & References
Legal basis: RBI (Pre-payment Charges on Loans) Directions, 2025 (issued 2 July 2025, applicable to loans sanctioned or renewed on or after 1 January 2026); individual bank fee schedules as published.
Official sources
Last verified against official sources: July 2026. Figures are researched from the government sources above and checked before publishing. See our Editorial & Verification Policy.
This page is for informational and educational purposes only. Charges are researched from the lender's published fee schedule and can change at the lender's discretion — always confirm against your sanction letter and the bank's current schedule before acting. This is not financial advice.
Frequently Asked Questions
What is the HDFC Bank personal loan foreclosure charge in 2026?
HDFC Bank's published schedule lists 4% plus applicable taxes on principal outstanding within 24 paid EMIs, 3% for 25–36 paid EMIs, and 2% after 36 paid EMIs. Check the current schedule and your loan documents.
Can I part-prepay an HDFC Bank personal loan?
The published schedule allows part-prepayment after the first EMI, up to 25% of principal outstanding, once per financial year and twice over the loan tenure. The same paid-EMI charge slabs apply. Confirm the current terms for your loan.
How do I get an HDFC Bank personal loan foreclosure quote?
Use HDFC Bank's current loan-servicing channel to request a dated quote, then confirm the principal, charge, applicable taxes, and payment deadline before paying. Keep written closure confirmation.
Is HDFC Bank personal loan foreclosure free under the RBI 2026 rule?
For covered lenders, the RBI Directions prohibit charges on floating-rate loans to individuals for non-business purposes if sanctioned or renewed on or after 1 January 2026. For dual or special-rate loans, the rate type on the prepayment date matters. Check your own loan terms.