How to Change EMI Date in HDFC Personal Loan?

A common query I always come across is how to change personal loan emi date in HDFC Bank. To change the EMI due date for your HDFC Bank personal loan, you need to submit a formal request to the bank. This process involves filling out a designated application form and providing necessary documentation.

1. Get the "Application for Change in EMI Due Date" form from HDFC Bank's official website or visit your nearest branch.

2. Complete the form with accurate details, including your loan account number, current EMI due date, and the preferred new due date.

3. Specify the reason for the change, such as receiving your salary on a later date.

4. Submit the filled-out form to the nearest HDFC Bank Retail Loan Service Centre.

HDFC Bank will review your request and, if approved, calculate any applicable interest charges due to the change in the EMI schedule. The bank will send you a detailed calculation of these charges within 7 days of receiving your request.

If there are any interest charges, you must pay them before the new EMI due date can be activated. Once the payment is processed, the bank will update your loan account with the new EMI due date. This is how to change EMI date in HDFC personal loan.

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HDFC Bank allows personal loan borrowers to change their EMI due date for better financial planning, subject to certain terms and conditions. But how to change HDFC personal loan EMI date online? The customers can request a shift in their EMI date once during the loan tenure, provided the loan account is not in default. The new EMI date must be within 5 days before or after the original due date, ensuring minimal disruption to the repayment cycle.

HDFC Loan EMI Date Change Process

To change the EMI date, borrowers can submit a request through NetBanking, the Mobile Banking app, or by visiting an HDFC Bank branch.

The process requires filling out a '

' form (available online or at branches) and submitting it along with a processing fee, if applicable. Once approved, the revised EMI schedule will be updated in the loan account, and borrowers will receive a confirmation via SMS or email.

Key points to note:

1. The request must be made at least 5 working days before the next EMI due date.

2. The loan account should have no overdue payments or defaults.

3. The processing fee (if charged) varies and will be communicated at the time of request.

HDFC Bank recommends checking the updated repayment schedule post-approval to avoid missed payments. For further assistance, customers can contact HDFC Bank’s customer care or visit the nearest branch.

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As per my knowledge, there is no such set procedure on how to HDFC personal loan EMI date change online. But, you can get your EMI date change by following the below process:

• The first step is to get in touch with HDFC Bank. You can either visit the nearest branch or contact customer care through the HDFC Phone banking service.

• After discussing your case, you will need to submit a formal request to change the EMI date. This can be done through written communication, such as a letter or an email, or by filling out a form provided by the bank.

• Changing the EMI date may attract a processing fee. The bank will inform you about any applicable charges, which you need to pay to start the process.

• Once the request is submitted, HDFC Bank will review your application. The approval is subject to the bank’s discretion, and they may verify your financial status and repayment history before making any adjustments.

If approved, you will receive confirmation of the new EMI date. The revised EMI schedule will take effect in the next billing cycle, based on the bank’s terms. Alternatively, you can also fill this

and submit it to the branch.

I hope you found how to change personal loan EMI date in HDFC Bank informative.

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