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   4.9 stars, based on 10 reviews

I will recommend all my friends and family to consider Finance Buddha for any personal loan banking needs in Bangalore.

 5/5

I received a very clear cut service from ICICI bank personal loan department in one of the Bangalore’s branch. They pay a lot of attention to detail and are simple to best.

 5/5

It is not tough to get personal loan in Bangalore but due to security reasons there has been a delay in processing. With the help of Finance Buddha I was able to check my eligibility and provide all necessary documents in the first go. This helped me to get the loan processed within 2 days.

 5/5

This website clearly helps me to compare and pick the best personal loan provider in Bangalore. All thanks to Finance Buddha.

 5/5

Finance Buddha will be always my point of reach for any future loan details requirement. Getting a personal loan in Bangalore is now super easy with the help of this website.

 5/5

If you are in need of quick personal loan in Bangalore, then the best choice is HDFC bank. Here I got my personal loan approved within 3 working days.

 5/5

Thank you Preeti for the quick and reliable personal loan service offered. And special thanks for HDFC bank Bangalore branch as well.

 5/5

Finance Buddha helped me to get a personal loan in Bangalore with a bank that offers very low interest rate. I was always willing to compromise on the loan tenure but was in great need of loan for a very low interest rate and this requirement was fulfilled by Finance Buddha with just few clicks.

 4/5

ICICI bank in Bangalore is where I have had the best personal loan experience. They are very quick and transparent in their services.

 5/5