Personal Loan in Kolkata - Apply Online @10.25%

It is essential to be aware of what purposes a personal loan can be availed. Without valid reasons, a personal loan application will not be approved. For purposes like house renovation, education, maternity expenditure, vacation, automobile etc. personal loan is the best option. You can choose suitable interest rates and payment plan from the options available in the banks. The main two types of personal loans available in India are secured loans and unsecured loans.

The first one is where there is a need for guarantee or security against the sum borrowed like a fixed or movable asset. In case of default of the loan amount, ownership of the security will be taken over by the bank. The latter does not require any security, but the lender will charge a high rate of interest on the money borrowed. In case of default, the lender will seek legal assistance for the loss incurred.

Stop hesitating and try our platform, we guarantee that you will be happy with the range of information and assistance provided by us. Take the first step now if you are still wondering how to get a personal loan in Kolkata easily. Here you can simply upload your requirements and check if you’re meeting the eligibility factor. Post which select the best bank that offers best featured loan and apply for the same. Bank officials will then contact you and give instructions to take the request forward.

Unless the applicant meets the below eligibility criteria it is not possible to get a loan approved from any bank in Kolkata. However, to a certain extent the bank branch manager can make decision if the income and credit rating of the applicant is exceptionally high.

1. Age of the applicant should be between 21- 60 Years
2. Salaried individual with minimum income of ₹30,000.
3. Should be staying in the city for at least 1 Year
4. Total work experience should be at least 2 Years.

Apart from interest rates, the other main factor to be considered before applying for a personal loan in processing fees, pre-payment charges and other similar charges.  This list has necessary information of the same for personal loan in Kolkata.

In case if you would like to compare the interest rates of various banks that offer personal loan in Jaipur, then this chart is the best.  This gives the direct comparison of the interest rates for personal loan with various banks of Kolkata.

Irrespective of which bank you are applying loan, these are the common types of charges and fees that every applicant will have to incur.

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

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

Documents required for Salaried Individuals:

1. Application form and your latest photograph (2)
2. Proof of Identity: Copy of passport/voter ID card/driving license/PAN cards
3. Proof of Address: Leave and License Agreement / Utility Bill (not more than 3 months old) / Passport
4. House ownership Proof: Property Documents/Maintenance Bill/Electricity Bil
5. Bank Statement: Last 3 months bank statement
6. Income Proof: Salary slip for last 3 months/ current dated salary certificate with the latest Form 16
7. Investment Proof (if any): Please submit if any investment like, Fixed Deposit, Shares, Fixed Assets, etc.
8. Existing EMI: If any existing loan, please submit sanction letter, Payment Track Record.

Documents required for Self-Employed Individuals:

1. Application form and your latest photograph (2)
2. Proof of Identity: Copy of passport/voter ID card/driving license/PAN card
3. Proof of Address: Leave and License Agreement / Utility Bill (not more than 3 months old) / Passport
4. House Ownership Proof: Property Documents/Maintenance Bill/Electricity Bill
5. Office Address Proof: Maintenance Bill, Utility Bill
6. Business Existence Proof: Saral Copy for 3 yrs, Shop Establishment Act, Any Tax Registration Copy, Company Registration license
7. Income Proof: Latest 2 years Income Tax Returns including Computation of Income, Profit and Loss Account, Balance Sheet, Audit Report, etc.,
8. Bank Statement: Latest 1 year bank statement both current and savings.
9. Investment Proof (if any): please submit if any investments like, Fixed Deposit, Shares, Fixed Assets, etc.
10. Existing EMI: If any existing loan, please submit sanction letter, Payment Track Record.