HDFC Bank Personal Loan Foreclosure Charges (2026)
HDFC Bank charges a seasoning-based fee to close a personal loan early: 4% + GST of the outstanding principal within 24 EMIs, 3% between 25 and 36 EMIs, and 2% after 36 EMIs. Part-prepayment is capped at 25% of the outstanding, once per financial year. Here is the full charge schedule, the 12-EMI lock-in, and when the RBI's 2026 rule makes foreclosure free.
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 | Foreclosure permitted only after 12 EMIs are paid. |
| Official fee schedule | HDFC Bank Personal Loan — Fees & Charges · verified 2026-07-04 |
Charge breakdown
- 4% + GST if closed within 24 EMIs
- 3% + GST between 25 and 36 EMIs
- 2% + GST after 36 EMIs
The RBI 2026 rule: when foreclosure is free by law[RBI Directions 2025]
RBI (Pre-payment Charges on Loans) Directions, 2025: no pre-payment/foreclosure charges on floating-rate loans to individuals for non-business purposes, for loans sanctioned or renewed on or after 1 January 2026. Fixed-rate personal loans remain outside this protection — bank-specific charges apply.
Check your sanction letter: if your HDFC Bank personal loan is floating-rate and was sanctioned or renewed on or after 1 January 2026, the bank cannot charge you anything to prepay or foreclose it. The charges on this page apply to fixed-rate loans — which most personal loans are.
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.
Is foreclosing worth it after the charge?
Compare the remaining interest you would pay by continuing EMIs against the foreclosure charge + GST payable today. Remaining interest = (EMI × months left) − principal outstanding. If the interest saved exceeds the charge, foreclosing saves money.
Worked example
₹3,00,000 outstanding at 14% with 24 EMIs left ≈ ₹46,000 future interest. A 4% + GST foreclosure charge costs ≈ ₹14,160.
Net saving from foreclosing today ≈ ₹46,000 − ₹14,160 = ₹31,840 — foreclosure wins comfortably. The closer you are to the end of tenure, the smaller the interest saving, so re-run the numbers before paying the charge.
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 charges 4% + GST of the principal outstanding if you close within 24 EMIs, 3% + GST between 25 and 36 EMIs, and 2% + GST after 36 EMIs, per its published fee schedule.
Can I part-prepay an HDFC Bank personal loan?
Yes, after the first EMI. Part-prepayment is allowed once per financial year and twice over the loan tenure, up to 25% of the principal outstanding, with the same seasoning-based charge slab.
When can I foreclose an HDFC Bank personal loan?
Foreclosure is permitted only after 12 EMIs have been paid. Request a foreclosure statement via NetBanking or a branch, pay the quoted amount, and collect the closure letter and NOC.
Is HDFC Bank personal loan foreclosure free under the RBI 2026 rule?
Only if your loan is floating-rate and was sanctioned or renewed on or after 1 January 2026. Most personal loans are fixed-rate, so HDFC Bank's published charges apply.