🏦 HDFC EMI Calculator
Calculate your monthly HDFC Bank loan EMI instantly. Covers home loan, car loan, personal loan and more — with prepayment simulator and affordability checker. Free, private, no signup.
Loan details carried from the EMI Calculator tab. Enter your one-time prepayment below.
| Metric | Without Prepayment | With Prepayment |
|---|---|---|
| Adjust the sliders above to see prepayment savings. | ||
| Metric | Loan A | Loan B | Difference | Better |
|---|---|---|---|---|
| Enter both loan details above to compare. | ||||
How to Use This HDFC EMI Calculator
This HDFC EMI calculator estimates monthly instalments for any HDFC Bank loan in seconds. Click a loan type preset — Home Loan, Car Loan, Personal Loan, Education Loan or Gold Loan — and the current HDFC rate fills in automatically. Adjust the loan amount and tenure to see your monthly EMI, total interest and amortisation schedule update live. This HDFC EMI calculator covers every common HDFC Bank retail loan product in one place, with four tabs for EMI calculation, prepayment simulation, affordability check and loan comparison.
The Affordability tab computes the maximum HDFC loan your salary supports at the 40% FOIR threshold used by HDFC Bank underwriters. The Compare tab lets you weigh two HDFC loan options side by side — for example, HDFC car loan rate versus HDFC personal loan rate for the same amount. All results run entirely in your browser.
HDFC EMI Calculator Formula
Every HDFC EMI calculator applies the standard formula: EMI = P × r × (1 + r)ⁿ ÷ [(1 + r)ⁿ – 1], where P is the principal, r is the monthly rate and n is the number of months. At HDFC Bank's car loan rate of 8.75% over 5 years, a ₹5 lakh loan yields a monthly EMI of approximately ₹10,315 with total interest of ₹1,18,900. Select any loan type preset and this HDFC EMI calculator applies the correct rate instantly.
HDFC Bank Loan Interest Rates in 2026
HDFC Bank offers competitive rates across all major loan categories. The presets in this HDFC EMI calculator reflect current starting rates:
| HDFC Loan Type | Starting Rate (p.a.) | Max Tenure | Max Amount |
|---|---|---|---|
| Home Loan | 8.75% | 30 years | ₹10 Crore+ |
| Car Loan | 8.75% | 7 years | ₹1 Crore |
| Personal Loan | 10.75% | 5 years | ₹40 Lakh |
| Education Loan (HDFC Credila) | 9.50% | 15 years | ₹1.5 Crore |
| Gold Loan | 9.00% | 2 years | ₹25 Lakh |
HDFC Bank home and car loan rates are repo-linked and may change quarterly. Confirm the current rate at your HDFC branch before relying on this HDFC EMI calculator for final financial decisions. This tool is for educational planning purposes.
Factors That Affect Your HDFC Loan EMI
Three variables directly determine the result:
- Loan amount — HDFC Bank generally finances up to 80% of the car's on-road price and up to 90% for home loans. A higher down payment reduces both your monthly EMI and total interest cost.
- Interest rate — HDFC Bank ties your rate to your CIBIL score. A score above 750 typically unlocks the lowest published rate; scores below 700 may result in a higher spread.
- Tenure — longer tenures reduce monthly instalments but increase total interest. For personal loans, HDFC Bank allows up to 5 years; for home loans, up to 30 years.
HDFC Bank Loan Eligibility at a Glance
Knowing the eligibility benchmarks helps you set realistic figures when planning your loan. For HDFC home loans, salaried applicants must be aged between 21 and 65, with at least two years of continuous employment history. Self-employed borrowers need a minimum three-year business track record with consistent ITR filings. The minimum net monthly income for personal loans is ₹25,000 at most HDFC branches, though higher income unlocks larger approved amounts. HDFC Bank also calculates your Fixed Obligation to Income Ratio — total monthly debt commitments, including the new loan, must generally stay within 50% of net income. A CIBIL score above 750 accelerates processing and gives access to the starting rates in the table above.
HDFC Loan EMI for Different Amounts
The table below shows indicative monthly EMIs from this HDFC EMI calculator at 8.75% interest for a 5-year tenure:
| Loan Amount | Monthly EMI | Total Interest |
|---|---|---|
| ₹1,00,000 | ₹2,063 | ₹23,780 |
| ₹3,00,000 | ₹6,189 | ₹71,340 |
| ₹5,00,000 | ₹10,315 | ₹1,18,900 |
| ₹10,00,000 | ₹20,630 | ₹2,37,800 |
Use the Prepayment tab to model how a lump-sum payment reduces your outstanding HDFC loan principal and total interest. This free HDFC EMI calculator is not affiliated with HDFC Bank; it uses publicly available rate information for educational purposes only.
Frequently Asked Questions
What is the EMI for a ₹5 lakh HDFC personal loan?
At HDFC Bank's personal loan rate of 10.75% for a 5-year tenure, the monthly EMI on a ₹5 lakh loan is approximately ₹10,777. Total interest payable is around ₹1,46,620. Select the Personal Loan 10.75% preset in this HDFC EMI calculator to calculate your exact figure.
How does this HDFC EMI calculator work?
This HDFC EMI calculator uses the standard formula EMI = P × r × (1 + r)ⁿ ÷ [(1 + r)ⁿ – 1]. Select a loan type preset to auto-fill HDFC Bank's current rate, then adjust the amount and tenure. Results update instantly in your browser — no data is sent to any server.
What is HDFC home loan interest rate in 2026?
HDFC Bank home loan rates start at 8.75% p.a. for salaried borrowers with strong credit profiles. Rates are repo-linked and may change quarterly. Use the Home Loan 8.75% preset in this HDFC EMI calculator for an immediate estimate, then confirm with your HDFC branch.
Does HDFC Bank charge prepayment penalty?
For floating-rate home loans, HDFC Bank does not charge a prepayment penalty as per RBI rules for individual borrowers. For fixed-rate personal loans, HDFC may charge 2–4% on the outstanding principal as a foreclosure fee. Use the Prepayment tab in this HDFC EMI calculator to estimate your potential interest savings.
What is the minimum CIBIL score for an HDFC loan?
HDFC Bank typically requires a minimum CIBIL score of 700 for personal loans and 750 for home loans. A score above 750 usually unlocks the lowest published rates. Applicants with scores below 650 may face rejection or significantly higher interest charges.
Is this HDFC EMI calculator free to use?
Yes, completely free. All four tabs — EMI calculator, Prepayment, Affordability and Compare — are free with no signup required. This tool is not affiliated with or endorsed by HDFC Bank; it uses publicly available rate information for educational purposes only.