Personal Loan in Ahmedabad - Apply Online @10.25%

The “Manchester of East” in India is Ahmadabad and this city is a great producer and exporter of gemstones. Apart from this, most of the Gujratis are known as business oriented people. Getting unsecured personal loan in Ahmadabad is never a problem. There are many banks out there that offer personal loans to salaried and self-employed individuals. In Ahmedabad the main reasons to avail personal loans are for travel, medical assistance, wedding, house renovations or even for any household purchases.

1. ICICI Bank – This bank has nearly 48 plus branches in Ahmedabad, also this is the second largest bank in India that falls into the private sector category.
2. HDFC Bank –This bank has nearly 87 branches in this city and it is one of the banks that processes loan real quickly.
3. Axis Bank – This bank has about 39 branches in this city and is the third largest private sector bank in India.
4. Kotak Mahindra Bank – With 41 branches even this is a large bank in Ahmedabad. Once you start using their services and enjoy their benefits, you will definitely wish to have long term relationship with the bank.
5. Citibank – Though this bank has just one branch in Ahmedabad, it is still very considered and opted by the people of the city.
6. Bajaj Finserv – This is a largest NBFC in India with just one branch in Ahmadabad.
7. Tata Capital - this well-known NBFC has only 2 branches in this city.

It is now possible to apply for an online personal loan through Finance Buddha, for this there is no fee or commission charged by this website. The services and facilities are offered for absolutely free cost! Through this platform we make sure each applicant gets the best option of personal loan in Ahmedabad by considering all aspects of the individuals and bank’s requirements. Service is offered for everything ranging from checking eligibility, credit rating, documentation, EMI calculation and more. Getting personal loan approved in Ahmedabad is now possible instantly with the help of Finance Buddha.

These are the basic eligibility criteria that every individual should meet in order to get a personal loan in Ahmadabad.

1. Age of the applicant should be between 21-60 Years.
2. Salaried individual with minimum income of ₹30,000. Salary bracket would again depend on the city you live in and the company you work for. Eg. If you are in a Metro the salary requirement will be higher than non-metro and again if you are working in a top MNC the salary requirement would be lesser than one working with a startup.
3. Should be staying in the city for at least 1 Year.
4. Total work experience should be at least 2 Years.
5. You would require basic documentation such as your address proof, identity proof, latest bank statements etc.

The rate of interest, charges and fees vary from bank to bank. The list of these details is given below for applying a personal loan in Ahmedabad. The rates and fees on a generic note in Ahmedabad are:

Personal Loan Offers from 19 Banks / NBFCs in Ahmedabad (updated 06 Nov,2023)

Some of the common and essential documents for personal loan application in Ahmedabad are here. Make sure you have the originals and copies of the same before applying for a loan, because, anytime to bank officials ask for the documents you will have to submit the same.

1. Three passport size photographs
2. ID proof – Passport/voter ID/ Aadhar or drivers licence
3. Residence Proof – Passport/ Landline bill/ postpaid mobile bill/ rental agreement or Bank Statement
4. Pan Card copy
5. Age Proof – Passport/ drivers license/school certificate or Pan Card copy
6. Income Proof - Latest 3 months’ salary slips
7. Banking Statement - 6 months bank statements
8. Job Stability & Continuity – Offer Letter, Relieving Letter and Form 16