Can we use jumbo loan credit card?
Jumbo Loan – Get a loan above your Credit Card limit. Your card limit will not be blocked or reduced, so you can continue spending. The loan amount will be blocked against the credit limit. But you can spend on your Credit Card up to the remaining limit.
How can I clear my HDFC credit card jumbo loan?
After completing all the repayments, you can call up the customer support of HDFC Bank to request for a ‘No Objection Certificate’ (NOC). You can also pre-close the loan before completing the tenure. However, you may be charged a fee of penalty for pre-closure.
How can I pay my HDFC credit card jumbo EMI?
How to Make HDFC Loan Payment Online at Paytm?
- Go to HDFC loan payment page on Paytm.
- Enter your Loan Account Number.
- Click on ‘Get Payable Amount’
- Check the payable amount and choose the payment method of your preference Proceed to make the payment.
- You are done with it.
How can I get jumbo loan from HDFC?
- You can get the system generated Loan Account statement, for the same, simply log in to “Access My Loan Account” with your username and password.
- You can send request through online request (write to us)
- You can Personally Visit your nearest/ respective Branch.
What is the processing fee for HDFC jumbo loan?
Rs. 999
HDFC Insta Jumbo Loan Details
| Loan amount | Depends on the available credit card limit |
|---|---|
| Rate of interest | 15% – 23% p.a. |
| Tenure | 12 – 60 months |
| Lowest EMI per Lakh | Rs. 2,379 |
| Processing fee | Up to Rs. 999 + GST |
What is difference between jumbo loan and Insta loan?
Repayment: With your Insta Jumbo Loan, you will be assigned a new card number. A separate monthly statement for the loan account will be generated for the same billing cycle as your Credit Card. Whereas, the personal loan is extended at a fixed rate of interest for a duration of 12 to 60 months.
Can I foreclose HDFC jumbo loan?
Yes, you can pre-close your HDFC Insta Jumbo Loan at any given point of time. Please note that you will be charged a prepayment charge of 3%. This will be on the balance principal outstanding.
How can I check my jumbo loan status in HDFC Bank?
:: HDFC BANK :: Credit Card Loan – Insta Jumbo Loan. To check eligibility & apply, Login to NetBanking, Click Cards > Credit Cards > Transact > Insta Jumbo Loan. Visit www.hdfcbank.com/faq to know more.
Can I pay HDFC loan EMI before due date?
However, you will be able to prepay your HDFC personal loan only after 12 months after you have procured your loan and after paying 12 EMIs plus the foreclosure charges that may be applicable. If you meet this requirement, you can repay your personal loan before the original due date and close your loan early.
What is HDFC jumbo loan?
Earlier known as Jumbo cash, HDFC Insta Jumbo Loan is a pre-approved loan that is provided above the credit limit on your HDFC Credit card. The loan amount is not blocked against the credit limit.
How can I download HDFC credit card loan?
Via Net Banking
- Visit the official website of HDFC Bank and log in to your account.
- Click on ‘Cards’.
- Select ‘Enquire’.
- Click on ‘View Statement’.
- Choose the credit card and the period you want the statement for.
- Click on ‘View’.
- Click on ‘Click to View/Download’ to download the statement.
Can I pre close my HDFC jumbo loan?
Is HDFC issued credit card against FD?
HDFC like any other bank also issue credit cards based on FD and they are the leader in credit card industry in India having the maximum market share both in volume of cards and also in amount of transactions. Most of HDFC Credit cards can be obtained based on FD including premium cards like HDFC Regalia if you have FD of approx 4L or so.
What does HDFC stand for in loan?
The Housing Development Fund Corporation (HDFC) is a revolving loan fund established in 1966 under Article XI of the Private Housing Finance Law and administered by the New York State Division of Housing and Community Renewal (DHCR).
Is HDFC a nationalised bank?
No, HDFC Bank is not a nationalised bank. It is purely a Private bank. The Housing Development Finance Corporation Limited (HDFC) was amongst the first to receive an ‘in principle’ approval from the Reserve Bank of India (RBI) to set up a bank in the private sector, as part of RBI’s liberalisation of the Indian Banking Industry in 1994.
How to check a HDFC bank balance?
Insert HDFC Bank Debit card Enter the 4 digits HDFC ATM PIN Select “Balance Enquiry / Check Account Balance” option HDFC Bank Account Balance will be displayed on the ATM screen. The account holder can also take a receipt of the account balance.