Personal Loan in Bangalore - Apply Online @10.89%
Loan Amount
₹
Interest Rate
%
Tenure
mo
Personal Loan EMI Calculator
(Principal + Interest)
Break-up of Total Payment
| Bank/NBFC | Interest Rate | Min. Loan Amount | Max. Loan Amount | Min. Tenure | Max. Tenure | Processing Fees | Part Payment | Apply Now |
|---|---|---|---|---|---|---|---|---|
 | 10.5% - 21% | 50000 | 4000000 | 12 | 60 | Up to 2.50% + GST as applicable | Apply | |
 | 10.75% - 20% | 50000 | 5000000 | 12 | 72 | Upto 2.50% + GST as applicable | Apply | |
 | 11% - 25% | 50000 | 700000 | 12 | 48 | Upto 2% + GST as applicable | Apply | |
 | 18% - 54% | 500 | 200000 | 10 | 36 | Up to Rs. 1250 including GST as applicable | Apply |
Rate of Interest is high ?
Try Applying for a higher Loan Amount as most bank 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
Have multiple existing loans?
Financebuddha can help you consolidate all your loans into one to increase your eligibility
Personal Loan in Bangalore
As most of us know, personal loans are availed for immediate finance 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 ₹50,000 to ₹5,000,000.
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 ₹20,000 net income per month |
|
Loan Amount |
₹50,000 – ₹5,000,000 |
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.
| Personal Loan Bangalore Interest Rates | |
|
Interest Rates |
10.89% – 36.00% |
|
Processing Fees |
1% – 3.00% |
|
Pre-payment Charges |
Nil – 5.00% |
|
Repayment Period |
Up to 5 years |
|
Cibil Score |
Min. 750 |
|
Lowest EMI |
₹1075 |
Personal Loan Offers from 19 Banks / NBFCs in Bangalore (updated 06 Nov,2023)
|
Bank / NBFC |
Institution Type |
Minimum Loan Amount |
Maximum Loan Amount |
Minimum Tenure |
Maximum Tenure |
APR |
Fees & Charges |
|
Aditya Birla Finance Ltd |
NBFC |
₹25,000 |
₹50,00,000 |
12 months |
60 months |
16.85% - 17.85% |
1% + GST as applicable |
|
Arohan Financial Services Ltd. |
NBFC |
₹1,100 |
₹50,000 |
3 months |
24 months |
20.70% - 26.99% |
1% + GST as applicable |
|
Axis Bank |
Bank |
₹50,000 |
₹15,00,000 |
12 months |
60 months |
15.75% - 24.00% |
1.50% to 2.00% + GST as applicable |
|
Bajaj Finserv |
NBFC |
₹50,000 |
₹25,00,000 |
12 months |
60 months |
12.99% onwards |
Up to 3.99% + GST as applicable |
|
Capital First |
NBFC |
₹1,00,000 |
₹25,00,000 |
12 months |
60 months |
12.00% - 18.00% |
1.99% + GST as applicable |
|
Citibank |
Bank |
₹25,000 |
₹30,00,000 |
6 months |
60 months |
17.99% - 18.99% |
2.00% - 3.00% + GST as applicable |
|
SMFG India Credit |
NBFC |
₹50,000 |
₹20,00,000 |
12 months |
60 months |
20% to 40% |
Up to 6.5% + GST as applicable |
|
HDB Financial Services Ltd. |
Bank |
₹1,00,000 |
₹20,00,000 |
12 months |
60 months |
12% - 36% |
Up to 2% + GST as applicable |
|
HDFC Bank |
Bank |
₹1,00,000 |
₹25,00,000 |
12 months |
60 months |
15.50% - 21.50% |
Up to 2.50% + GST as applicable |
|
ICICI Bank |
Bank |
₹50,000 |
₹20,00,000 |
12 months |
60 months |
11.25% to 22.00% |
Up to 2.25% + GST as applicable |
|
IDFC |
Bank |
₹50,000 |
₹20,00,000 |
3 months |
60 months |
12%-19% |
2% + GST as applicable |
|
Incred |
NBFC |
₹50,000 |
₹7,50,000 |
12 months |
60 months |
12%- 24% |
Up to 3% + GST as applicable |
|
India Infoline |
NBFC |
₹1,00,000 |
₹25,00,000 |
12 months |
60 months |
13% onward |
Up to 2% + GST as applicable |
|
Indiabulls |
NBFC |
₹1,000 |
₹15,00,000 |
3 months |
24 months |
11.99% - 26% |
Up to 5% + GST as applicable |
|
IndusInd Bank |
Bank |
₹50,000 |
₹15,00,000 |
12 months |
60 months |
11.25% - 30.00% |
Up to 2.50% + GST as applicable |
|
Kotak Mahindra Bank |
Bank |
₹50,000 |
₹15,00,000 |
12 months |
60 months |
10.99% to 24% |
Up to 2.5% + GST as applicable |
|
RBL Bank Ltd. |
Bank |
₹1,00,000 |
₹20,00,000 |
12 months |
60 months |
15.5% - 23% |
3% + GST as applicable |
|
Standard Chartered Bank |
Bank |
₹1,00,000 |
₹30,00,000 |
12 months |
60 months |
10.89% - 19.00% |
Up to 3% + GST as applicable |
|
Tata Capital |
NBFC |
₹75,000 |
₹25,00,000 |
12 months |
72 months |
11.25% - 19% |
1.50% to 2.00% + GST as applicable |
Personal Loan Documents Required in Bangalore
Some of the common and essential documents for personal loan application in Bangalore are:
| Documents Required for Salaried Employees | Documents Required for Self Employed |
|
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 in Bangalore ReviewsView All
Irfan Rahaman
5 / 5
I choose to go with HDFC Bank since i had an existing Home loan with them and I knew about the bank very well and can trust them. Regarding my personal loan, the disbursement was made very fast and the interest rate was less only. The process went smoothly and i got the money disbursed in my account on the next day.
Ram
5 / 5
Nominal Interest rate. User-friendly website and great customer support team. My personal loan application got approved in just 24 hours and in the next 24 hours disbursal was made.
Atul C
5 / 5
Not totally satisfied the processing went a bit longer and lengthy. It took them 5 working days to disburse my personal loan which they were supposed to do in 2 days.
Bhupendra Dubey
5 / 5
I had no hassles with my personal loan application with HDFC Bank. They contacted me in on time and asked me the details. The rate of interest and processing fees was nominal and comparatively low. In all a very good experience throughout the process.
Sabhajeet
5 / 5
It was my first experience with Finance Buddha and it was a good one. I applied for a personal loan from here with ICICI Bank. My loan was approved on time and disbursal was very fast as compared to other banks and lenders.
R. Ramu Kutti
5 / 5
I took a loan of ?400000 and the EMI which i am paying is ?9000 per month. My loan is with Bajaj.
Narendrashetty Sivaprasad
5 / 5
I have my personal loan with Bajaj Finserv, the interest rate is higher side, I have taken the loan 2 months back, the loan process was fast but the only concern the in of mine is the interest rate.
Neetu Sudhakar
5 / 5
I opted for this loan last month only due to some financial urgency. The processing was fast and the interest rate at which my loan was approved was also satisfactory.
Kumar Ujjwal Chevuru
5 / 5
I have my personal loan from HDFC Bank. The process was on time and i got the loan approved just in 24 hours. I got a confirmation call as soon as i submitted my application form. The documentation process was simple and completely online.
Puneesh
5 / 5
My experience with Finance Buddha has been good. I check their portal and i found it quite informative and customer rating was also good, hence i applied for a personal loan from here. I was surprised as i got approved on the same day itself. Thanks team fin Bud. it's great work!
Irfan Rahaman
5 / 5
I choose to go with HDFC Bank since i had an existing Home loan with them and I knew about the bank very well and can trust them. Regarding my personal loan, the disbursement was made very fast and the interest rate was less only. The process went smoothly and i got the money disbursed in my account on the next day.
Ram
5 / 5
Nominal Interest rate. User-friendly website and great customer support team. My personal loan application got approved in just 24 hours and in the next 24 hours disbursal was made.
Atul C
5 / 5
Not totally satisfied the processing went a bit longer and lengthy. It took them 5 working days to disburse my personal loan which they were supposed to do in 2 days.
Bhupendra Dubey
5 / 5
I had no hassles with my personal loan application with HDFC Bank. They contacted me in on time and asked me the details. The rate of interest and processing fees was nominal and comparatively low. In all a very good experience throughout the process.
Sabhajeet
5 / 5
It was my first experience with Finance Buddha and it was a good one. I applied for a personal loan from here with ICICI Bank. My loan was approved on time and disbursal was very fast as compared to other banks and lenders.
R. Ramu Kutti
5 / 5
I took a loan of ?400000 and the EMI which i am paying is ?9000 per month. My loan is with Bajaj.
Narendrashetty Sivaprasad
5 / 5
I have my personal loan with Bajaj Finserv, the interest rate is higher side, I have taken the loan 2 months back, the loan process was fast but the only concern the in of mine is the interest rate.
Neetu Sudhakar
5 / 5
I opted for this loan last month only due to some financial urgency. The processing was fast and the interest rate at which my loan was approved was also satisfactory.
Kumar Ujjwal Chevuru
5 / 5
I have my personal loan from HDFC Bank. The process was on time and i got the loan approved just in 24 hours. I got a confirmation call as soon as i submitted my application form. The documentation process was simple and completely online.
Puneesh
5 / 5
My experience with Finance Buddha has been good. I check their portal and i found it quite informative and customer rating was also good, hence i applied for a personal loan from here. I was surprised as i got approved on the same day itself. Thanks team fin Bud. it's great work!
Irfan Rahaman
5 / 5
I choose to go with HDFC Bank since i had an existing Home loan with them and I knew about the bank very well and can trust them. Regarding my personal loan, the disbursement was made very fast and the interest rate was less only. The process went smoothly and i got the money disbursed in my account on the next day.
Ram
5 / 5
Nominal Interest rate. User-friendly website and great customer support team. My personal loan application got approved in just 24 hours and in the next 24 hours disbursal was made.
Atul C
5 / 5
Not totally satisfied the processing went a bit longer and lengthy. It took them 5 working days to disburse my personal loan which they were supposed to do in 2 days.
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