Personal Loan

General Information

Providers
  • Private Banks
  • Foreign Banks (MNC Banks)
  • NBFC's
TAT (Turn Around Time)
  • Quick Approvals within 48 hours
  • Disbursal time is as low as 1 Day
  • One point contact response with in 30 Min.
Eligibility
  • All salaried customers
  • Net Salary > 25K
  • Age > 25
Features & Benefits
  • Interest rates starts at 10.99%
  • Maximum loan amount upto 35 Lakhs
  • Maximum Tenure upto 5 Years
  • Best Professing Fee
  • Part Payment Option
  • Pre Closure Option

Filter By Bank

HDFC Bank

Rate of Interest

10.99% - 14.99%

Processing Fee

Starts @ Rs.1999/- upto 2.5%

Loan Amount

Rs.50000 - 25 Lakhs

Tenure

1year - 5 Years

Disbursal Time

Minimum of 3 working days

Part Payment

Yes

4.0 Rating | 12 Reviews

VIEW DETAILS

Response Time : 24 Hours

DOCUMENTS

  • One colour passport size photo
  • Pan card copy
  • Present residence address proof
  • Salary account cancelled cheque
  • Latest 3 months payslips
  • Latest 3 months updated bank statement
  • Date of joining proof & experience proof

FEES & CHARGES

  • Processing Fee on approved loan amount
  • Agreement & Stamp Charges
  • Gap interest - Based on disbursement date if applicable
  • Insurance on Loan (You & Your Personal Loan is secured)

BENEFITS

  • Best in class Interest Rates
  • Least Processing Fee
  • Door Step Service
  • Suggestion on suitable product
  • No collateral / Gurantor required
  • Flexibility to choose the tenure
  • Minimum Paperwork
  • All Purpose Loan

ADDITIONAL INFO

Post approval: Customer has to provide security cheques & agreement to be signed

HDFC Bank

Rate of Interest

Starts @ 11.50% for NORMAL LOAN and for FLEXI LOAN rate starts @ 14%

Processing Fee

Starts @ 1%

Loan Amount

Rs.100000 - 20 Lakhs

Tenure

1year - 5years

Disbursal Time

Maximum of 2 working days

Part Payment

Yes

4.0 Rating | 12 Reviews

VIEW DETAILS

Response Time : 24 Hours

DOCUMENTS

  • One colour passport size photo
  • Pan card copy
  • Present residence address proof
  • Salary account canceled cheque
  • Latest 3 months payslips
  • Latest 3 months updated bank statement
  • Date of joining proof & experience proof

FEES & CHARGES

  • Processing Fee on approved loan amount
  • Agreement & Stamp Charges
  • Gap interest - Based on disbursement date if applicable
  • Insurance on Loan (You & Your Personal Loan is secured)

BENEFITS

  • Best in class Interest Rates
  • Least Processing Fee
  • Door Step Service
  • Suggestion on suitable product
  • No collateral / Guarantor required
  • Flexibility to choose the tenure
  • Minimum Paperwork
  • All Purpose Loan

ADDITIONAL INFO

Post-approval: Customer has to provide security cheques & agreement to be signed

HDFC Bank

Rate of Interest

11% - 17.50%

Processing Fee

Starts @ Rs. 999/- upto 2.5%

Loan Amount

Rs.50000 - 20 Lakhs

Tenure

1year - 5 Years

Disbursal Time

Maximum of 3 - 5 working days

Part Payment

No

4.0 Rating | 12 Reviews

VIEW DETAILS

Response Time : 24 Hours

DOCUMENTS

  • One colour passport size photo
  • Pan card copy
  • Present residence address proof
  • Salary account f
  • Latest 3 months payslips
  • Latest 3 months updated bank statement
  • Date of joining proof & experience proof

FEES & CHARGES

  • Processing Fee on approved loan amount
  • Agreement & Stamp Charges
  • Gap interest - Based on disbursement date if applicable
  • Insurance on Loan (You & Your Personal Loan is secured)

BENEFITS

  • Best in class Interest Rates
  • Least Processing Fee
  • Door Step Service
  • Suggestion on suitable product
  • No collateral / Guarantor required
  • Flexibility to choose the tenure
  • Minimum Paperwork
  • All Purpose Loan

ADDITIONAL INFO

Post approval: Customer has to provide security cheques & agreement to be signed

HDFC Bank

Rate of Interest

Starts @ 11.25% upto 14.99%

Processing Fee

Starts @ 1.25%

Loan Amount

Rs.100000 - 25 Lakhs

Tenure

1year - 5 Years

Disbursal Time

Maximum of 3 - 5 working days

Part Payment

Yes

4.0 Rating | 12 Reviews

VIEW DETAILS

Response Time : 24 Hours

DOCUMENTS

  • One color passport size photo
  • Pan card copy
  • Present residence address proof
  • Salary account canceled cheque
  • Latest 3 months payslips
  • Latest 3 months updated bank statement
  • Date of joining proof & experience proof

FEES & CHARGES

  • Processing Fee on approved loan amount
  • Agreement & Stamp Charges
  • Gap interest - Based on disbursement date if applicable
  • Insurance on Loan (You & Your Personal Loan is secured)

BENEFITS

  • Best in class Interest Rates
  • Least Processing Fee
  • Door Step Service
  • Suggestion on suitable product
  • No collateral / Guarantor required
  • Flexibility to choose the tenure
  • Minimum Paperwork
  • All Purpose Loan

ADDITIONAL INFO

Post-approval: Customer has to provide security cheques & agreement to be signed

HDFC Bank

Rate of Interest

10.99% - 14.49%

Processing Fee

Starts @ Rs. 999/- upto 1%

Loan Amount

Rs.100000 - 30 Lakhs

Tenure

1year - 5 Years

Disbursal Time

Maximum of 3 - 4 working days

Part Payment

Yes

4.0 Rating | 12 Reviews

VIEW DETAILS

Response Time : 24 Hours

DOCUMENTS

  • One colour passport size photo
  • Pan card copy
  • Present residence address proof
  • Salary account canceled cheque
  • Latest 3 months payslips
  • Latest 3 months updated bank statement
  • Date of joining proof & experience pro

FEES & CHARGES

  • Processing Fee on approved loan amount
  • Agreement & Stamp Charges
  • Gap interest - Based on disbursement date if applicable
  • Insurance on Loan (You & Your Personal Loan is secured)

BENEFITS

  • Best in class Interest Rates
  • Least Processing Fee
  • Door Step Service
  • Suggestion on suitable product
  • No collateral / Guarantor required
  • Flexibility to choose the tenure
  • Minimum Paperwork
  • All Purpose Loan

ADDITIONAL INFO

Post-approval: Customer has to provide security cheques & agreement to be signed

FAQs

What is personal loan?

Personal Loan is a unsecured loan where no guarantor or collateral required

What purpose I can get Personal Loan?

It is an all purpose loan – Can be used for Marriage, Hospitalization, for household buys, Travel, Home renovation, to clear credit card outstanding & education etc..

How can I get Personal Loan?

You can avail Personal Loan from BANK or Non – Banking financial institution (NBFC)

How can I repay back personal loan?

Repay your personal loan EMI through STANDARD INSTRUCTION or through ECS – Electronic Clearing Services by authorizing concerned bank.

What is an EMI?

EMI means Equated Monthly Installment which includes (PRINCIPLE AMOUNT + INTERNEST AMOUNT)

I am eligible to apply personal loan?

Yes if you are salaried and regular income is more Rs.25,000/- you can apply with necessary documents.

How much amount I am eligible for?

Based on your INCOME & COMPANY - Minimum of 6 times and Maximum of 24 times of your monthly net salary is your eligibility.

Can we apply jointly with my spouse for a personal loan?

Yes if your spouse is salaried then with his/her income will be considered for eligibility. Jointly you will get more loan amount.

What are the documents required to get personal loan?

Documents are very simple – One passport size photo, ID Proof, Address Proof, Adhaar Card Copy, Company ID CARD Copy, Latest 3 months payslips, Latest 3 months updated bank statement & Date of joining proof like Appointment letter, HR Letter, Form-16, Payslip with DOJ.

Can I close my personal loan in between?

Yes but it depends upon lock in period instructions from concerned BANK / NBFC.

Why personal loan interest rates are higher then home loan and mortgage loan?

Home loan & Mortgage loan is secured loan where all your original documents with be pledged or hypothecated where has personal loan is unsecured loan no guarantor or collateral required. Hence personal loan interest rates are higher then the home loan and mortgage loan.

Do you require Guarantor required to get personal loan?

No guarantor or collateral required to get personal loan.

How will I get Personal loan amount after I apply?

Personal loan approved amount will transferred to your salary account after deducting necessary service fee.

What and all deduction will be made while availing personal loan?

Processing fee, Stamp and agreement charges, Insurance on loan & Gap interest if applicable.

Is personal loan Balance transfer is benefited to us?

Yes, if you would have taken at higher rate of interest then transfer your other bank personal loan outstanding amount for less interest rates with some extra amount in hand.

In case I take personal loan, is there any Tax Benefit?

No tax benefit on personal loan

What is the minimum personal loan amount I can get?

Minimum personal loan amount is Rs. 50000/-

What is the maximum personal loan amount I can get?

Maximum personal loan amount is 25 lakhs.

For how many years can I avail personal loan?

Starting from 12 months maximum up to 60 months that is 5 years you can avail personal loan

How many days you may require to personal loan in hand?

In 2 – 7 working days we can get you personal loan amount in hand subject to submitting of the required documents.