Personal loan in Bengaluru | Interest Rate | Eligibility | 2018
Personal Loan in Bengaluru 2018
Fast personal loans offer instant soft approval for Personal Loan In Bengaluru which further gets disbursed in 24 hours from our in-house NBFC, multiple banks & other NBFCs. Enjoy the fastest process, Speedy doorstep services, Clean transparent processing, simple & easy documentation and competitive lowest interest rate.
We also provide Personal loans in Bengaluru to those who are bachelors & living on the shared basis or rented.
Personal Loan is purely unsecured & without a guarantor, short-term cash loan, which means that the individual customer is not required to submit the banker with any security (ex. property, jewels) or any kind of guaranty against the personal loan.
Formally, for any urgent cash money requirement, we prefer fast personal loan. It can be taken for any general purposes like education, reconstruction of property/home renovation, a Marriage expense, vacation etc. Most of the Non-Banking Finance companies or other banks offer Personal Loan up to Rs. 50Lacs for salaried Individual customers. Normally it the tenure of the loan over a period of 12 months to 60 months.
The Instant Personal Loan amount you are eligible for and the Personal Loan interest rate for you will depend on some specific factors such as monthly net income, customer’s employment category, residence history and past financial credit history along with the pattern. Banks typically have capped the monthly loan payment (EMI) on your loan to about approximately 50% – 70% of your monthly take-home income. However, a customer cannot take a Personal Loan for any kind of wrong or illegal investment or expense which is not approved by the banks or by the law.
Personal Loan In Bengaluru offers/schemes lowest interest rates from different financial companies.
- The fastest way to get your loan approval within 30 Minutes even checks your eligibility in just 10 minutes. We help to all our customers to get special offers from all the Banks/ NBFCs for a quote on interest rates in In Bengaluru many different ways (ex. monthly reducing the rate, flat rate). Now just looking at the interest rate value alone might not give you a true picture of which Personal Loan quote is the best for you. You must check the monthly EM & offered chargeable processing fee should also be considered when comparing loan quotes.
- Best way to take lowest rates even in urgent need of a Personal loan, just need to compare the average time taken by the banks to disburse a personal loan. Get Instant Personal Loan in Bengaluru.
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Personal Loan Interest Rates in Bengaluru 2018
Personal Loan Interest Rates in Bengaluru is available in the below-given table for your reference. FastPersonal Loans has consolidated all the information regarding the latest rate of interests at one place. This loan comparison will surely help you to apply for a personal loan. Please keep visiting this section to remain updated.
Comparison chart for the rate of interests and loan amount.
|Banks/Finance||Min. Salary Per month in Rs||Rate of Interest Between||Loan Amount Provides Between|
|HDFC BANK||15000||10.99% – 18%||1 Lac – 40 Lac|
|ICICI BANK||17500||10.99% – 18%||1 Lac – 40 Lac|
|Yes BANK||25000||10.75% – 16%||2 Lac – 40 Lac|
|Capital First||20000||12% – 24%||1 Lac – 10 Lac|
|Fullerton India||12000||18% – 40%||25 k – 15 Lac|
|HDB Financial||20000||14% – 21%||1 Lac – 15 Lac|
|Tata Capital||20000||12% – 18%||1 Lac – 15 Lac|
|PNB Bank Ltd||20000||13% – 18%||1 Lac – 15 Lac|
Disclaimer: The interest rates given here are based on the market research. To enable the comparisons, the certain set of data has been reorganized/ restructured/ tabulated. This site does not take any responsibility for any sudden/uninformed changes interest rates.
Bengaluru is the capital of Karnataka. It is the center of India’s high-tech industry, the city is also known as silicon valley of India for its startup culture. It is also famous for its parks and nightlife. Indian technological organizations such as ISRO, Infosys, Wipro, and HUL are headquartered in the city. Bengaluru is the second fastest-growing major metropolis in India.
In Bengaluru, personal loans are provided by most major banks & financial institutions to individuals without asking for any requirement or need. Personal loans are categorised as unsecured loans as there is no requirement to mortgage something for loan. These unsecured loans are provided from Rs. 50,000 to Rs. 40,00,000 which means that you are not necessary to mortgage anything or show an asset. Debt consolidation is one of the most common reason for taking a loan. The other reasons are medical, travel, home renovation, wedding etc.
For loan sanctioned you need to have a good credit history & adequate. Other factors include years of employment, your company & so on will determine the most important factors such as amount, tenure & interest rate. In Bengaluru some of the banks give you flexibility to pre-close the loan without any extra charges. Many banks have a pre-closure charge in the 4% to 5% range.
There are many banks which offer personal loans in Bengaluru city such as HDFC Bank, ICICI Bank, Kotak bank, Axis bank etc. Also there are multiple NBFC’s such as Bajaj Finserv, Fullerton, Tata Capital and so on which are offer unsecured personal loans.
|ICICI Bank||No.1, 2nd Floor, ICICI Bank Towers, Shobha Pearl, Commissariat Road, Bangalore – 560025||ICIC0000002|
|Yes Bank||Ground Floor, Prestige Obelisk Municipal No 3, Kasturba Road, Bangalore||YESB0000022|
|State Bank Of India||Post Bag No.5310, State Bank Road, Banglore 560001||SBIN0000813|
|HDFC Bank||No.47, Margosa Road, Next to BSNL Office, 15th Cross, Malleshwaram Bangalore Bangalore||HDFC0000041|
|RBL Bank||197, 6th Cross, Gandhinagar, Bangalore 560009||RATN0000057|
|Capital First||Capital First Ltd., C-1, R.P. Pride, 1st & 2nd Floor, 20th Main Road, KHB 5th Block, Near Ganapati Temple, Koramangala, Bengaluru, Karnataka 560095|
|Axis Bank||No. 9, M. G. Road,Block A,Bangalore – 560001||UTIB0000009|
|Indusind Bank||Du Parc Trinity 1st Floor, West Wing No.17, M.G. Road Bangalore – 560 001||INDB0000008|
|Kotak Mahindra Bank Limited||22, Ground Floor, ING Vysya House, M. G. Road, Bangalore – 560001, Karnataka.||VYSA0002040|
|Tata Capital||58,8th Main Road , Malleshwaram, Bangalore|
|Fullerton||First Floor, Suraj Centre, No:-235/12, 27th Cross, 7th Block, Jayanagar, Bangalore –|
|Bajaj Finserv||617/20, 2nd Floor, 12th Main Road
Opp. SBH Bank, Rajajinagar 3rd Block