Apply for Personal Loan in Bangalore

50,000
40,00,000
0
5,00,000
0
3,00,000

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Bank Interest Rate EMI
HDFC Bank 11.49% - 19.50%

(fixed)

2,199 - 2,622

(per Lakh)

Details Details

Documents Required

PAN Card, Address Proof, Govt ID Proof (Not required if already given as an address proof), 3 month payslip (with DOJ mentioned), 3 month bank statement, photograph. Additional documents on case to case basis.

Preclosure Charges

  • 1 Year lock in
  • 4% fee if closed after 1 year. Can be 0% if booked under golden edge program
  • 3% fee if closed after 2 years
  • 2% fee if closed after 3 years
  • 0% thereafter

Part-Payment Option

Not available

ICICI Bank 11.49% - 17.85%

(fixed)

2,199 - 2,531

(per Lakh)

Details Details

Documents Required

PAN Card, Address Proof, Govt ID Proof (Not required if already given as an address proof), 3 month payslip (with DOJ mentioned), 3 month bank statement, photograph. Additional documents on case to case basis.

Preclosure Charges

  • 1 year lock in
  • 5% fee thereafter. 0% if loan amount >10 lacs

Part-Payment Option

Not available

Axis Bank 13.50% - 24.00%

(fixed)

2,301 - 2,877

(per Lakh)

Details Details

Documents Required

PAN Card, Address Proof, Govt ID Proof (Not required if already given as an address proof), 3 month payslip (with DOJ mentioned), 3 month bank statement, photograph. Additional documents on case to case basis.

Preclosure Charges

  • 0% after the 1st EMI

Part-Payment Option

Possible after 1st EMI. Minimum part payment to be 1 EMI's. Part payment allowed 6 times in a year.

Citi Bank 11.99% - 15.75%

(fixed)

2,224 - 2,419

(per Lakh)

Details Details

Documents Required

PAN Card, Address Proof, Govt ID Proof (Not required if already given as an address proof), 3 month payslip (with DOJ mentioned), 3 month bank statement, photograph. Additional documents on case to case basis.

Preclosure Charges

  • 1 year lock in
  • 0.5%-2% fee thereafter

Part-Payment Option

Possible after 12th EMI. Minimum part payment to be 2 EMI's and max 5 EMI's. Allowed only once a year.

IndusInd Bank 11.99% - 14.75%

(fixed)

2,224 - 2,366

(per Lakh)

Details Details

Documents Required

PAN Card, Address Proof, Govt ID Proof (Not required if already given as an address proof), 3 month payslip (with DOJ mentioned), 3 month bank statement, photograph. Additional documents on case to case basis.

Preclosure Charges

  • 1 year lock in
  • 5% fee thereafter

Part-Payment Option

Not available

Standard Chartered Bank 11.99% - 14.50%

(fixed)

2,224 - 2,353

(per Lakh)

Details Details

Documents Required

PAN Card, Address Proof, Govt ID Proof (Not required if already given as an address proof), 3 month payslip (with DOJ mentioned), 3 month bank statement, photograph. Additional documents on case to case basis.

Preclosure Charges

  • 1 year lock in
  • 0% thereafter

Part-Payment Option

Not available

Kotak Mahindra Bank 13.00% - 18.00%

(fixed)

2,275 - 2,539

(per Lakh)

Details Details

Documents Required

PAN Card, Address Proof, Govt ID Proof (Not required if already given as an address proof), 3 month payslip (with DOJ mentioned), 3 month bank statement, photograph. Additional documents on case to case basis.

Preclosure Charges

  • 1 year lock in
  • 5% fee thereafter

Part-Payment Option

Not available

Bajaj Finance 13.00% - 18.00%

(fixed)

2,275 - 2,539

(per Lakh)

Details Details

Documents Required

PAN Card, Address Proof, Govt ID Proof (Not required if already given as an address proof), 3 month payslip (with DOJ mentioned), 3 month bank statement, photograph. Additional documents on case to case basis.

Preclosure Charges

  • 0% after the 1st EMI

Part-Payment Option

Possible after 1st EMI. Minimum part payment to be 3 EMI’s. Part payment allowed 6 times in a year

Capital First 13.00% - 20.00%

(fixed)

2,275 - 2,649

(per Lakh)

Details Details

Documents Required

PAN Card, Address Proof, Govt ID Proof (Not required if already given as an address proof), 3 month payslip (with DOJ mentioned), 3 month bank statement, photograph. Additional documents on case to case basis.

Preclosure Charges

  • 1 year lock in
  • 5% fee thereafter

Part-Payment Option

Not available

Tata Capital 13.50% - 17.00%

(fixed)

2,301 - 2,485

(per Lakh)

Details Details

Documents Required

PAN Card, Address Proof, Govt ID Proof (Not required if already given as an address proof), 3 month payslip (with DOJ mentioned), 3 month bank statement, photograph. Additional documents on case to case basis.

Preclosure Charges

  • 1 year lock in
  • 5% fee thereafter

Part-Payment Option

Not available

All day customer support

call us at

080-6012 0505

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Tips

Rate of interest is high?

- Try applying for a higher loan amount as most banks reduce interest rates as loan amount increases.

Not getting the desired loan amount

- Try adding the income of a co-applicant like a working spouse

Not getting the desired loan amount?

- Finance Buddha can try to do a debt consolidation/balance transfer to increase eligibility

Personal Loan in Bangalore

As most of us know, personal loans are taken for immediate requirements. It is one of the easiest ways to get liquid money and you will be lucky if you can find a bank that offer decent loan amount at low interest rate. The interest rates, charges and other things depend on the income of the applicant, CIBIL scoring and even where the applicant is location. The charges and rate of interest depends a lot on the location and employer of the applicant. Personal loan amount will range between INR 50,000 to INR 3 million.

Bangalore being the biggest IT hub of India, the cost of living is high and as such the need for personal loans to meet various requirements is also high. Personal loan in Bangalore is offered from banks like ICICI Bank, HDFC Bank, Axis Bank, Kotak Mahindra Bank, Standard Chartered Bank, IndusInd Bank, Bajaj Finance and ING Vysya Bank. It is very crucial to know the personal loan details of each bank before applying for a loan and for this purpose Finance Buddha is a best solution point.

How Finance Buddha can help you get a Personal Loan in Bangalore?

If you are looking to take a personal loan in Bangalore, it is advisable to visit Finance Buddha which is a one-stop-solution for all your loan requirements. Here you can compare the interest rates, bank charges, benefits offered from each bank for personal loans. Based on this the applicants just have to apply online with the bank and the bank officials will directly contact you to let you know further details of the processing requirements. Apart from these through Finance Buddha, you can check your eligibility for applying a personal loan with the bank. It will give options for the applicant of the banks available in Bangalore that meet your eligibility criteria for a personal loan requirement.

Also the FAQ section is the website will help you with most of the common questions and concerns of personal loans in Bangalore. The applicant can make use of the borrower’s reviews to compare and pick the best bank that offers good service at reasonable cost. And all these are offered by Finance Buddha at free of cost!

Personal Loan Eligibility Criteria in Bangalore

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

General Eligibility for Personal Loan in Bangalore

Age limit

Min 21 years – Max 60 years

Employment Type

Salaried/ Self-employed professionals/ non-professionals

Employment Status

Employed/In-business for at least 2 years, at least 1 year with current employer/business

Minimum Income

Minimum INR 30,000 net income per month

Loan Amount

Minimum INR 50,000 – Max INR 5 million

Personal Loan Documents Required in Bangalore

Some of the common and essential documents for personal loan application in Bangalore are:

Documents required for Salaried Employee personal loan Documents required for Self Employed personal loan

Identity proof

Identity proof

Current residence Proof/permanent address proof

IT Returns CA certified copies for 2 years complete set

6 months Bank statements

Education proof

Appointment letter and proof of work experience.

Partnership Deed & other mandatory documents

Photograph and PAN Card Xerox

Balance Sheets

Personal Loan Interest Rates, Fees & Charges in Bangalore

The rate of interest, charges and fees vary from bank to bank. The list of these details is given below.

Bank Name Rate of Interest for Salaried Employee Processing Fee

HDFC Bank Personal Loan

11% - 17.85%

0%(MIN) TO 2.5%(MAX )

Axis Bank Personal Loan

12.99% to 24%

0.99%(MIN) TO 2%(MAX )

ICICI Bank Personal Loan

11% - 17.85%

0%(MIN) TO 2.5%(MAX )

Standard Chartered Bank Personal Loan

11% - 16%

0%(MIN) TO 1000 ON LOAN AMOUNT(MAX)

IndusInd Bank Personal Loan

14% - 16%

Up to 2.50% of loan amount plus tax

Kotak Bank Personal Loan

11.50% - 24.00%

Up to 3.00% of loan amount

Bajaj Finance Personal Loan

14.25% - 16.75%

2% to 3% of loan amount

HDB Finance Personal Loan

14% TO 21%

1%(MIN) TO 2%(MAX )

Fullerton Finance Personal Loan

17.25% - 35.00%

0.02

Capital First Personal Loan

16.00% - 24.00%

2% to 4%

Tata Capital Personal Loan

13.50% - 18%

1%(MIN) TO 2%(MAX )

Yes Bank Personal Loan

12.50% - 16.00%

2% to 3%

Frequently Asked Questions

Reviews   4.88 stars, based on 91 reviews

I am a very happy customer of Finance Buddha. The service I got for my personal loan in Bangalore taken from this site was great. From documents to application submission to bank, everything is with the help of Finance Buddha website.

 5/5

I have been successful in getting a personal loan in Bangalore from Standard Chartered Bank. This is the first time I am applying for a personal loan and thought of going through Finance Buddha. My experience was very good and I will use this service for any future requirements.

 5/5

It took 5 days to get a personal loan in Bangalore from Citibank. I am very happy to let you know that the process was smooth, hassle-free with less documentation and also quick. There was no issue in submitting documents for loan purpose. Finance Buddha website handled it completely in a very professional manner.

 4/5

Initially I had applied for a personal loan in Bangalore with a different bank. But when I didn’t get any proper response from the bank, I decided to give a try through Finance Buddha website. Through this website I applied for personal loan with Citibank, and loan was sanction within 5 working days.

 4/5

I got loan amount of 3 lakhs sanctioned from HDFC bank in Bangalore within 2 days at the rate of interest of 12.35% when I applied through Finance Buddha website. Based on my experience with this website, my friends and cousins are also trying for personal loan.

 4/5

I got my personal loan in Bangalore approved from Standard Chartered Bank, with the help of Finance Buddha. The complete loan process was through online. There was no physical document collection or other formalities.

 5/5

I have never had such great experience from an online website till date. Finance Buddha services is very professional and they make sure the information provided is 100% accurate. When I applied for a personal loan in Bangalore through this website, it was offered by Axis bank and disbursed within 3 working days.

 5/5

When I applied for a personal loan in Bangalore through Finance Buddha website, it was a smooth process. Bank officials collected documents on time from my residence. There was no need for me to follow up with HDFC bank as Finance Buddha was directly dealing with follow ups, updates and kept me posted on the same.

 5/5

I was quite unclear of how personal loans work. I used Finance Buddha website to get all information, to check my eligibility, to know what is CIBIL score and its impact and also check interest rates of different banks in Bangalore that are offering personal loan. Very useful information was provided plus I got a personal loan at 11.75% rate of interest.

 5/5