Apply Personal Loan Online Upto Rs. 25 Lacs
Details on Personal Loan
Personal Loan in West Bengal
Overview of Personal Loan in West Bengal
Personal Loan in West Bengal offers financial backup against your financial crunch which can be either medical emergencies, paying off debts, purchasing any consumer durable goods, house repair and so on. With the help of Personal Loan West Bengal, you can easily get loan at a competitive interest rate with easy disbursal and flexible repayment using EMI for a period of 5 years. Easy Personal Loan in West Bengal do not take any security and so, it is an unsecured Personal Loan in West Bengal. You need to have a disciplined repaying habit which will increase your creditworthiness and would raise up your eligibility criteria which in result would help you to get Personal Loan in West Bengal at lower interest rate. A stable source of income with early applying age would help you to avail Personal Loan West Bengal at a lower rate.
Why you should opt for Personal Loan in West Bengal?
West Bengal is an eastern-based Indian state and is the home of almost 9 crores people. West Bengal is a culturally strong state with its development spread to various sectors like industry, agriculture, transportation, power & irrigation and also tourism. With vast economic development, you need to be financially strong. To help you out in this sector, Personal Loan in West Bengal is available at a low interest rate. As West Bengal is a vast state, there are many city, areas which offer personal loan at an attractive rate. You can easily avail Personal Loan in Kolkata West Bengal, Personal Loan in Asansol, Personal Loan in Durgapur, Personal Loan in Siliguri to meet your financial needs. For instant Personal Loan in West Bengal, you need to have CIBIL score of at least 750 or above and a decent repaying ability.
Following are some of the significant points as to why should you choose Personal Loan in West Bengal-
- Unsecured Personal Loan in West Bengal offers loan without any collateral with the bank.
- For a low cibil score Personal Loan in West Bengal, you will be charged a higher interest rate.
- In case of any urgent need of Personal Loan in West Bengal, you can easily apply for it with minimum documentation.
- Online Personal Loan in West Bengal eases up your loan process in just a few clicks sitting in the comfort of your home.
- You can avail Personal Loan in West Bengal up to Rs. 25 lakhs at an attractive interest rate.
- Low processing fee and no hidden charges are stacked up with Personal Loan interest rate in West Bengal.
- Personal Loan in West Bengal for salaried and Personal Loan in West Bengal for self employed helps in meeting the financial needs of both salaried and self-employed applicants.
Eligibility Criteria for Personal Loan in West Bengal
To avail low interest Personal Loan in West Bengal, you need to maintain the eligibility criteria which is quite minimal. For basic eligibility criteria of Personal Loan in West Bengal, you need to have a stable income source with good repaying capacity and CIBIL score of 750 or above. In case of any existing debts, it is better to clear all the debts which will help you to get Personal Loan low interest rate in West Bengal.
Following are the eligibility criteria for Personal Loans in West Bengal that should be satisfied-
|
Personal Loan in West Bengal Eligibility Criteria |
Salaried |
Self-Employed |
|
Age |
21 to 60 years |
25 to 65 years |
|
Profession |
Works in any private sectors, MNCs or anygovt organization |
Public or Private Ltd. companies, sole proprietorship firms, Business Professionals, partnership firms, etc. |
|
Income |
Min amt. Rs. 20,000 |
Min Turnover- Rs. 1 crore |
|
Experience of Work |
Minimum 2 years of work experience and minimum 1 year in the present company |
Continuity of Business for at least 3 years |
|
CIBIL score |
750 or above |
750 or above |
|
Loan Amount |
Up to Rs. 25 lakhs (may vary) |
Up to Rs. 30 lakhs (varies according to the bank) |
Documents required for Personal Loan in West Bengal
Very minimum documents are required to apply for online Personal Loan in West Bengal. Following are the common documents which are required for Personal Loan in West Bengal-
- Passport size photo
- Application Form
- Proof of Address- Passport, Any Utility Bills like- Electricity, Gas or Water Bills, Driving License.
- ID proof- PAN Card,Ration Card, AADHAR Card.
-
For Self-Employed
- Balance Sheet and Statement of Profit & Loss of last 24 months
- Verified copies of Articles of Association/Trade License/Partnership Deed/Memorandum and Sales Tax Certificate
- ITR copy of the last 3 years.
-
For Salaried
- Form 16.
- Salary slip of the last 3 months.
- Last 6 months updated bank statement.
Personal Loan Interest Rates in West Bengal of different Financial Institutions
Before you apply for Personal Loan in West Bengal, you can easily compare and check Personal Loan interest rate in West Bengal of all banks and NBFCs-
|
Banks |
Loan Tenure |
Interest Rates |
Pre-Closure Charges |
Processing Fees |
|
Axis Bank Personal Loan in West Bengal |
1-5 years |
15.50%* |
NIL |
Up to 2.00% |
|
Bajaj Finserv Personal Loan in West Bengal |
1-5 years |
14.75%* |
NIL |
Up to 3% |
|
YES Bank Personal Loan in West Bengal |
1-5 years |
12.49%* |
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 |
|
IndusInd Bank Personal Loan in West Bengal |
1-5 years |
12.99%* |
4% of outstanding principal |
0.25% to 2.50% |
|
ICICI Bank Personal Loan in West Bengal |
1-5 years |
11.49%* |
5% of outstanding principal + GST |
Rs. 999* |
|
Kotak Mahindra Bank Personal Loan in West Bengal |
1-5 years |
11.50%* |
5% of outstanding principal. |
Up to 2.5% |
|
Capital first Personal Loan in West Bengal |
1-5 years |
16%* |
4% of outstanding |
Up to 2.49% of the loan amount |
|
Fullerton India Personal Loan in West Bengal |
1-5 years |
17.25%* |
4% of outstanding principal. |
Up to 2% |
|
SBI Personal Loan in West Bengal |
1-5 years |
12.50%*-16.60%* |
3% of the prepaid amount (after 1st EMI) |
Up to 3% of the loan amount |
|
Aditya Birla Capital Personal Loan in West Bengal |
1-5 years |
11.75%* |
4% of principal outstanding in 1st year, 3% in the 2nd year, and thereafter preclosure permitted after 6 months. |
1% of principal. |
|
HDFC Bank Personal Loan in West Bengal |
1-5 years |
10.99%* |
Between 2% to 4% of the outstanding principal. |
Up to 2.50% |
|
IDFC First Personal Loan in West Bengal |
1-5 years |
10.99%* |
4% of outstanding |
2% – 4% |
|
TATA Capital Personal Loan in West Bengal |
1-6 years |
13.99%* |
4.5% of the outstanding principal. And NIL for the initial 6 months |
Up to 2% |
|
Indiabulls Venture Capital Personal Loan in West Bengal |
1-5 years |
11.99%* |
5% if less than 6 months. |
Up to 5% |
|
ECL Finance Personal Loan in West Bengal |
1-5 years |
17.50%* |
4% of principal amount outstanding+GST |
Up to 2% of the loan amount |
*Interest rates change time to time.
