Apply Personal Loan Online Upto Rs. 25 Lacs
Details on Personal Loan
Interest rate start 10.75% * Upto 40 Lacs
Loan Duration: 12 – 60 months*
Personal Loan in Tamil Nadu
Overview of Personal Loan in Tamil Nadu
Personal Loan in Tamil Nadu will help you on your financial needs. Personal Loan in Tamil Nadu is an unsecured loan which means to avail this you don’t have to mortgage any of your property. You also can avail Online Personal Loan in Tamil Nadu to get more benefits and offers. To avail Personal Loan in Tamil Nadu you must have a good Credit Score so you can get lower interest rate. You can take Personal Loan in Tamil Nadu from Rs. 25000 to Rs. 2500000. You also can take Personal Loan Online Tamil Nadu Tamil Nadu. We will mention some best bank for Personal Loan in Tamil Nadu. Personal Loan in Tamil Nadu will help you to fulfill all your dreams from destination wedding to medical expenses, holiday or study you can use the Personal Loan in Tamil Nadu the way you want. Personal Loan in Tamil Nadu without CIBIL Check is impossible the lending institution will check your CIBIL any way to know your creditworthiness. You also can avail Personal Loan in Coimbatore Tamil Nadu. Personal Loan in Tamil Nadu for salaried is easier to avail if you are working in a listed company and have a good Credit history. You also can go for Personal Loan in Tamil Nadu apply online for instant Personal Loan in Tamil Nadu with minimal documents.
Why you should opt for Personal Loan in Tamil Nadu?
The economy of Tamil Nadu is very strong. Tamil Nadu is the second largest economy in India. This state is filled with investors government is the major investor of this state with 52% of total investments and there is also private investors where Indians have invested 29.9% and foreign private investors have invested 14.99%. Tamil Nadu is upgrading every day to make sure that you still didn’t stay in backwards you can avail Personal Loan in Tamil Nadu to make your life easy and comfortable. You can avail Personal Loans in Tamil Nadu online with competitive interest rates. Both salaried and self-employed can avail Personal Loan in Tamil Nadu. Personal Loan in Tamil Nadu is offered by many lending institutions of India which includes Bank and NBFC both in lowest interest rates. In addition to that, they provide money lenders loans in Tamil Nadu, private finance loans in Tamil Nadu, cash loan in Tamil Nadu, immediate cash loan in Tamil Nadu, Personal Loan by Private financer in Tamil Nadu, instant Personal Loan in Tamil Nadu, Personal Loans in Tamil Nadu are different kinds of Personal loans in Tamil Nadu.
Here are some points that why you should go for Personal Loan in Tamil Nadu.
- You do not have to mortgage any of your security to avail a Personal Loan in Tamil Nadu
- You do not need any guarantor at Personal Loan in Tamil Nadu
- Personal Loan in Tamil Nadu comes with lower interest rates; the processing fees are minimum and no hidden charges.
- You can check your Personal Loan in Tamil Nadu application status and your Personal Loan in Tamil Nadu eligibility just in a second from home by just clicking a button from your home or office.
- You can repay your Personal Loan in Tamil Nadu from 12 months to 60 months.
- You can avail Personal Loan in Tamil Nadu up to Rs. 25 lakh (varies).
- To avail a Personal Loan in Tamil Nadu you don’t need give a purpose to any institutions. There is no specific purpose to avail a Personal Loan in Tamil Nadu.
- In your emergency needs you can easily avail instant Personal Loan in Tamil Nadu, cash loan in Tamil Nadu or immediate cash loan in Tamil Nadu.
- If you are self-employed you can easily avail Personal Loan for Self-employed in Tamil Nadu.
Eligibility Criteria for Personal Loan in Tamil Nadu
It is not much hard to avail Personal Loan in Tamil Nadu you just need minimum eligibility to avail a Personal Loan in Tamil Nadu. You must maintain a good Credit score to avail Personal Loan in Tamil Nadu. If you are applying for Personal Loan in Tamil Nadu at a younger age you have chance to make your interest rate lower.
Here are the eligibility criteria for Personal Loan in Tamil Nadu.
|
Personal Loan in Tamil Nadu Eligibility Criteria |
Salaried |
Self-Employed |
|
Age |
21-60 years |
25-65 years |
|
Income |
Min- Rs. 20,000 or Rs. 25,000 |
Min Turnover- Rs. 1 crore |
|
Profession |
Working in MNCs, private sector or government organization |
Business Professionals, private or public ltd. companies, partnership firms etc. |
|
Work Experience |
Minimum 2 years of experience with at least 1 year in the present company |
Business Continuity for a minimum of 3 to 5 years |
|
CIBIL score |
750 or above |
750 or above |
|
Loan Amount |
Up to Rs. 25 lakhs (different for various financial institutions) |
Up to Rs. 30 lakhs (varies according to the financial institution) |
Documents required for Personal Loan in Tamil Nadu
Following are the common set of documents which you need to submit while applying for Personal Loan in Tamil Nadu-
- Duly filled application form.
- Passport size photograph.
- ID proof- PAN card, AADHAR card, Driving License.
- Residential proof- Any latest utility bill like Electricity bill, Gas bill. Passport.
-
For Salaried Individuals
- Bank Statement of the last 6 months.
- Copy of Form 16 and Receipt of Income Tax.
- Salary slips of last 3 months.
-
For Self-employed
- ITR copy of the past three years.
- Verified copy of Partnership Deed/Memorandum and Articles of Association/ Trade License/Sales Tax Certificate
- Copy of Profit & Loss statement, Balance Sheet of last 2 years
Interest Rates for Personal Loan in Tamil Nadu of different Financial Institutions
Following are some of the financial institutions which offer Unsecured Personal Loan in Tamil Nadu online at an attractive interest rate
|
Banks |
Loan Tenure |
Interest Rates |
Pre-Closure Charges |
Processing Fees |
|
ICICI Bank Personal Loan in Tamil Nadu |
1-5 years |
11.49%* |
5% of outstanding principal + GST |
Rs. 999* |
|
Kotak Mahindra Bank Personal Loan in Tamil Nadu |
1-5 years |
11.25%* |
5% of outstanding principal. |
Up to 2.5% |
|
SBI Personal Loan in Tamil Nadu |
1-5 years |
12.50%*-16.60%* |
3% of the prepaid amount (after 1st EMI) |
Up to 3% of the loan amount |
|
Bajaj Finserv Personal Loan in Tamil Nadu |
1-5 years |
14.75%* |
NIL |
Up to 3% |
|
Aditya Birla Capital Personal Loan in Tamil Nadu |
1-5 years |
11.75%* |
4% of principal outstanding in 1st year, 3% in the 2ndyear, and thereafter preclosure permitted after 6 months. |
1% of principal. |
|
HDFC Bank Personal Loan in Tamil Nadu |
1-5 years |
11.25%* |
Between 2% to 4% of the outstanding principal. |
Up to 2.50% |
|
ECL Finance Personal Loan in Tamil Nadu |
1-5 years |
17.50%* |
4% of principal amount outstanding +GST |
Up to 2% of the loan amount |
|
Indiabulls Venture Capital Personal Loan in Tamil Nadu |
1-5 years |
11.99%* |
5% if less than 6 months. |
Up to 5% |
|
Axis Bank Personal Loan in Tamil Nadu |
1-5 years |
15.50%* |
NIL |
Up to 2.00% |
|
IDFC First Personal Loan in Tamil Nadu |
1-5 years |
10.99%* |
4% of outstanding |
2% – 4% |
|
YES Bank Personal Loan in Tamil Nadu |
1-5 years |
10.75%* |
Within 12 to 24 months: 4% Within 24 to 36months: 3% Within 36 to 48 months: 2% After 48 months :No charges. |
2% or 3% of the principal |
|
TATA Capital Personal Loan in Tamil Nadu |
1-6 years |
13.99%* |
4.5% of the outstanding principal. And NIL for the initial 6 months |
Up to 2% |
|
Fullerton India Personal Loan in Tamil Nadu |
1-5 years |
17.25%* |
4% of outstanding principal. |
Up to 2% |
|
IndusInd Bank Personal Loan in Tamil Nadu |
1-5 years |
12.99%* |
4% of outstanding principal |
Up to 2.50% |
|
Capital first Personal Loan in Tamil Nadu |
1-5 years |
16%* |
4% of outstanding |
Up to 2.49% of the loan amount |
*Interest rates change time to time.
