Get a footstep closer to your dreams and goals by availing Personal Loan and accomplish your financial needs. This is the best and smartest way to get rid from financial worries. This loan seems to be attractive as you need not deposit any assets to the lender.

What is a Personal Loan?

In this modern world needs are rising high so the expenses are also rising at fast rate. It is very difficult for a person to cope up with this unstable climate. Personal loan is the best loan option to handle all expenses easily.

Personal loan is an unsecured debt which can be availed without pledging any valuable property to the lender. Personal loan is a multipurpose loan that can be utilized for fulfilling many purposes. These purposes could be debt consolidation, paying medical bills, taxes and many more. Personal finance is an instant finance which a person can avail within 48-72 hours with minimal documentation required.

Documents & Eligibility Features & Benefits Personal Loan Interest Rates


Why should one choose Personal Loan in Ludhiana?

  1. The Loan amount depends upon the income and repayment capability of the person.
  2. It is a multi-purpose offer that can be used for almost all financial problems of life.
  3. No need to put any property or asset as Collateral to the lender.
  4. No cosigner needed.


Eligibility Criteria for Personal Loan in Ludhiana

Salaried Individual

  1. Minimum age of the borrower : 21 years
  2. Maximum age of the borrower : 60 years
  3. Minimum annual income: Rs.1,20,000
  4. Net monthly income: Rs. 20,000/- & above
  5. Total experience in employment: 3 years and above
  6. Current experience: 6 months and above

Self employed Individual

  1. Minimum age of the applicant: 25 years
  2. Maximum age of the applicant: 65 years
  3. Minimum annual income: Rs.1,20,000
  4. Total experience in employment: 3 years and above.


Personal Loan Interest Rates in Ludhiana


Name Of The Bank CAT A CAT B Others Apply
HDFC 11.49%- 13.5% 13.5%-16% 21% Apply
SBI 13.5%   13.75%-20% 15.75%-18% Apply
AXIS Bank 14% 16% 17%-23% Apply
Bank Of Baroda 14.50% 16% N.A. Apply
Citibank 15%-17% 17%-18% 18%-19% Apply
Fullerton India 17% 20%-22% 20%-28% Apply



Salaried Individual Self Employed People
Last 2 month salary slips Last 2 years Balance Sheet
Last 2 year Form 16 Last 2 Years ITR
Latest 6 month bank statements
Photocopy of Pan Card
Residence & Address Proof
2 passport size photographs


About Ludhiana:

Ludhiana is a city in the Punjab state of India. It is the largest city in the state and the major industrial center of northern India. It is located on the banks of the Sutlej River. The city is a mixture of Urban and Rural race.

Other Leading Personal Loan Providers in Ludhiana (Click to Apply)

  1. HDFC Personal Loan
  2. ICICI Bank Personal Loan
  3. Axis Bank Personal Loan
  4. PNB Personal Loan
  5. SBI Personal Loan
  6. Citibank Personal Loan
  7. Fullerton India Personal Loan
  8. Personal Loan from Other Banks