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Personal Loan in Bangalore - Apply Online @10.89%

4.8 stars based on 105 reviews

How much would you like to borrow?

Choose an amount between ₹50,000 and ₹5,000,000.

Loan Amount

25K9L17L25L33L42L50L
Interest Rate

%

10.5%15.5%20.5%25.5%30.5%40%
Tenure

mo

12m22m32m42m52m60m
Personal Loan EMI Calculator
Loan EMI
23,537
Total Interest payable
64,888
Total Payment
(Principal + Interest)
5,64,888
Break-up of Total Payment
Interest Amount (₹64,888)
Loan Amount (₹5,00,000)
Bank/NBFCInterest RateEMIProcessing Fees Part PaymentApply Now

15.5% - 21.5%

(Fixed)

4668

Up to 2.50% + GST as applicable

Apply

11.25% - 22%

(Fixed)

4680

Upto 2.25% + GST as applicable

Apply

15.75% - 24%

(Fixed)

4728

1.50% to 2.00% + GST as applicable

Apply

10.99% - 24%

(Fixed)

4728

Upto 2.5% + GST as applicable

Apply

17.99% - 18.99%

(Fixed)

4608

2.00% - 3.00% + GST as applicable

Apply

12.99% - 24%

(Fixed)

4728

Up to 3.99% + GST as applicable

Apply

10.5% - 19%

(Fixed)

4608

Upto 3% + GST as applicable

Apply

11.25% - 30%

(Fixed)

4874

Up to 2.50% + GST as applicable

Apply

11.25% - 19%

(Fixed)

4608

1.50% to 2.00% + GST as applicable

Apply

12% - 18%

(Fixed)

4584

1.99% + GST as applicable

Apply
Rate of Interest is high ?
Rate of Interest is high ?

Try Applying for a higher Loan Amount as most bank reduce interest rates as loan amount increases

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Not getting the desired Loan Amount?

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

Have multiple existing loans?
Have multiple existing loans?

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Personal Loan in Bangalore Details

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 17 Jun,2019)

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

Fullerton

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

ReviewsView All

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.
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