Personal Loan Bangalore

⋆ Interest Rate 9.99% ⋆

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Why us?

Rates as low as 9.99%*
Loans Up to 30 Lacs
Same Day Disbursal
Doorstep Service
Unbiased Experts Advice

Best Banks for Personal Loan in Bangalore

Feature
HDFC Bank
ICICI Bank
Bajaj Finance
Interest Rate
10.75% - 17%
11.25% - 18.5%
12%
Min Loan Amt
Metro : 75000 & Non Metro: 50000
50000
100000
Max Loan Amt
50 Lacs
50 Lacs
1 Cr
Loan Tenure
1 - 5 Years
1 - 5 Years
1 - 5 Years
Processing Fee
0.25% - 2% of the Loan Amt

1% - 2.5% of the Loan Amt

0.5% - 2% of the Loan Amt
Preclosure Charges
2%, Nil foreclosure charges after 12 months
2%, Nil foreclosure charges after 24 months
Nil
Overdraft Facility
No
No
Yes

Personal Loan in Bangalore Features

personal loan bangaloreAs the world is running very fast, and our needs are increasing accordingly. To fulfill those dreams, a personal loan is the best option, as it helps us in a variety of ways like getting our car serviced, our home renovation, etc. It is a simple process with minimal documentation is required and no collateral mortgaging is needed. we can also get a loan with a low rate of interest and also can get a high repayment period.

Personal Loan in Bangalore Interest Rates

The interest rates in Personal Loan depends on the company’s profile and salary of a person. The interest rate of personal Loan [email protected]% per year.

Get low-interest rates

Bank
Processing Fee
Prepayment Charges
HDFC Bank Personal Loan
0.25% to 1.50%
2%, Nil foreclosure charges after 3 months
Axis Bank Personal Loan
0.50% to 1.50%
Nil
ICICI Bank Personal Loan
0.25% to 1.50%
2%, Nil foreclosure charges after 9 months
SBI Personal Loan
500/- to 0.50%
Nil
Kotak Personal Loan
1% to 2%
2.25% of fore closure amount if closed 1 month ahead of the tenure.
IIFL Personal Loan
Nil
Nil
Muthoot Personal Loan
Nil
Nil
Manappauram Personal Loan
Nil
Nil
PNB Personal Loan
0.70% to 1%
Nil
Canara Bank Personal Loan
1%
Nil
Andhra Bank Personal Loan
Nil
Nil

To check Personal Loan Interest Rate for all major banks you can visit: Personal Loan Interest Rates

Documents Required for Personal Loan in Bangalore

Salaried Customers:

  1. Identity proof (Aadhar card/driving license)
  2. Salary slips of last three months
  3. Bank statements for the last 6 months
  4. PAN Card
  5. Residence Proof (Owned/Rented/Company provided)
  6. Passport-sized photographs – 2

*NOTE: In case of rented apartments, rent agreement requires to be attached.

Self-Employed Customers:

  1. All financial statements are required (Balance Sheet, P&L Statement as well as ITR files)
  2. PAN Card / Aadhar card / Residence Proof.
  3. Two passport-sized photographs are needed.

personal loan at 10.75%*

Personal Loan in Bangalore Eligibility Criteria

The eligibility criteria for both Salaried and Self-Employed for getting a personal loan in Bangalore are different:

Salaried Applicants

  1. The minimum age requirement of the applicant should be 21 years.
  2. The maximum age requirement of the applicant is 60 years.
  3. The applicants must have the work experience of the three years. And the salary must be received in their bank accounts only.
  4. The applicants should have a good credit history.
  5. The job location of an individual should be mentioned.
  6.  An applier should have a minimum income of INR 25,000 per month.

Click here to know more about- Salaried Applicant

Self-Employed Applicants

  1. The minimum age requirement for an individual must be 25 years.
  2. The applicants applying for the personal loan should have the ITR files for the last three years.
  3. If the candidates are businessmen, then the business should be functioning from the past three years.
  4. The credit score of the individual applicants must be good. There should not be any debt behind.
  5. The annual income of the applicants must be a minimum of Rs 2.5 lakh.
  6. The entire documentation process of the personal loan has to show his finances and his bank statement of the previous three months.

Click here to know more – Self-employed Applicant

Why Apply for Personal Loan in Bangalore?

  1. No need to deposit any collateral to the bank.
  2. A personal loan is a multi-purpose offer loan. It can be used for all the problems related to finance.
  3. The amount of personal loan depends on the individual’s income.
  4. A Personal Loan does not need any guarantor or nominee.

How to apply for Personal Loan in Bangalore?

  1. Visit www.dialabank.com.
  2. while clicking on the loan section, choose the personal loan section Bangalore.
  3. The candidate will be directed to all details of the personal loan where they can pick their preferred city.
  4. For more information and free guidance regarding a personal loan, call on 9878981166.

personal loan at 10.75%*

Processing Fee / Prepayment Charges on Personal Loan in Bangalore

Every Bank and NBFC charges a fee for your Personal Loan application. These charges start from 1.5% to 2.5% of the sanctioned loan amount.

You wish to foreclose your loan before the agreed loan tenure, every lending foundation charges you a penal prepayment fee. In most cases, you do not close your loan before 12 months. After 12 months, the charges will depend on the loan tenure. These charges range from 4% of the outstanding loan amount in the 2nd year to 2% in the 4th year of the loan.

Personal Loan EMI Calculator Bangalore

EMI is an Equated Monthly Instalments that you pay to the bank as monthly repayment for the loan amount borrowed.  Based on your profile, the interest rate on your loan is set on. Your EMI is calculated based on the Interest Rate charged by the bank and the loan amount you have to take and the loan tenure period for which you enjoy the loan.

CIBIL Score required for Personal Loan Bangalore

Every lending institution has its own criteria for the minimum CIBIL score required for processing a Personal Loan application in Bangalore. Most foundations require a minimum score of 750 for the processing of your loan application.

The institutions don’t just look after the CIBIL score but also the detailed behavior on the previous loans that you have taken. This includes details on the type of loan and the loan amount. Any delayed payments for previous loans can act as a hurdle for getting a personal loan.

personal loan at 10.75%*

Personal Loan Bangalore Agents/Broker

Dialabank is the leading agent for availing Personal Loan in Bangalore. You can apply online at www.dialabank.com or dial 9878981166.

Dialabank helps you to find the best choice of Banks and NBFCs by offering you with a detailed market comparison of different banks so that you can make the right option. Visit our website www.dialabank.com and fill a form by filling your details. Our relationship managers will call you and assist you.

Personal Loan Bangalore Contact Number

For, instant help and approval Call 9878981166, Personal loan Bangalore.

Pre Calculated EMI Table for Personal Loan Bangalore

Rate
5 Yrs
4 Yrs
3 Yrs
10.50%
2149
2560
3250
11.00%
2174
2584
3273
11.50%
2199
2608
3297
12.00%
2224
2633
3321
12.50%
2249
2658
3345
13.00%
2275
2682
3369
13.50%
2300
2707
3393
14.00%
2326
2732
3417
14.50%
2352
2757
3442
15.00%
2378
2783
3466

About Bangalore

personal loan bangaloreBengaluru (also called Bangalore) is the capital of Karnataka state. The centre of India’s high-tech industry, the city is also known for its parks and nightlife. By Cubbon Park, Vidhana Soudha is a Neo-Dravidian legislative property. Former royal residences include 19th-century Bangalore Palace, modelled after England’s Windsor Castle, and Tipu Sultan’s Summer Palace, an 18th-century teak structure.

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