Apply Personal Loan Online Upto Rs. 25 Lacs
Details on Personal Loan
Personal Loan in Chennai
Overview of Personal Loan in Chennai
You can avail Personal Loan in Chennai which is an unsecured loan, to avail a Personal Loan in Chennai you don’t have to mortgage any of your property or security to that financial institution. Unsecured Personal Loan in Chennai will give you the full support to fulfil all you needs. You can use Personal Loan in Chennai for purchasing electronics, emergency medical help, child’s education, wedding, holiday, or house renovation you can use the Personal Loan in Chennai the way you want. Personal Loan in Chennai without CIBIL check is impossible. If you are availing Personal Loan in Chennai online your interest rate will be lower. Personal Loans in Chennai offer an amount from Rs. 25,000 to Rs. 25, 00,000 for tenure of five years. You can go for Personal Loan apply online in Chennai for lowest interest rates. You also can avail Easy Personal Loans in Chennai with minimal documents. It is impossible to avail Personal Loan for unemployed in Chennai. If you are a salaried person you can easily go for Personal Loan for salaried in Chennai with minimum interest rates. Also if you want to avail a Personal Loan in Chennai with low interest rate you must have maintain a lower CIBIL Score. Because Personal Loan for low Cibil score in Chennai is offered a higher interest rate.
Why you should opt for Personal Loan in Chennai?
Chennai is one of the growing city in and, one of the most popular cities in India. The lifestyle of Chennai is upgrading every day to make sure that you still didn’t stay in backwards you can avail Personal Loan in Chennai to make your life easy and comfortable. You can avail Personal Loans in Chennai online with competitive interest rates. Both salaried and self-employed can avail Personal Loan in Chennai. Personal Loan in Chennai 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 Chennai, private finance loans in Chennai, cash loan in Chennai, immediate cash loan in Chennai, Personal Loan by Private financer in Chennai, instant Personal Loan in Chennai, Personal Loans in Chennai are different kinds of Personal loans in Chennai.
Here are some points that why you should go for Personal Loan in Chennai.
- You do not have to mortgage any of your security to avail a Personal Loan in Chennai
- You do not need any guarantor at Personal Loan in Chennai
- Personal Loan in Chennai comes with lower interest rates; the processing fees are minimum and no hidden charges.
- You can check your Personal Loan in Chennai application status and your Personal Loan in Chennai eligibility just in a second from home by just clicking a button from your home or office.
- You can repay your Personal Loan in Chennai from 12 months to 60 months.
- You can avail Personal Loan in Chennai up to Rs. 25 lakh (varies).
- To avail a Personal Loan in Chennai you don’t need give a purpose to any institutions. There is no specific purpose to avail a Personal Loan in Chennai.
- In your emergency needs you can easily avail instant Personal Loan in Chennai, cash loan in Chennai or immediate cash loan in Chennai.
- If you are self-employed you can easily avail Personal Loan for Self-employed in Chennai.
Eligibility Criteria for Personal Loan in Chennai
It is not much hard to avail Personal Loan in Chennai you just need minimum eligibility to avail a Personal Loan in Chennai. You must maintain a good Credit score to avail Personal Loan in Chennai. If you are applying for Personal Loan in Chennai at a younger age you have chance to make your interest rate lower.
Here are the eligibility criteria for Personal Loan in Chennai.
|
Personal Loan in Chennai 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 Chennai
Following are the common set of documents which you need to submit while applying for Personal Loan in Chennai-
- 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 Chennai of different Financial Institutions
Following are some of the financial institutions which offer Unsecured Personal Loan in Chennai online at an attractive interest rate
|
Banks |
Loan Tenure |
Interest Rates |
Pre-Closure Charges |
Processing Fees |
|
HDFC Bank Personal Loan in Chennai |
1-5 years |
10.99%*-21.25%* |
Between 2% to 4% of the outstanding principal. |
Up to 2.50% |
|
ICICI Bank Personal Loan in Chennai |
1-5 years |
11.49%* |
5% of outstanding principal + GST |
0.99% to 2.25% |
|
YES Bank Personal Loan in Chennai |
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 |
|
Bajaj Finserv Personal Loan in Chennai |
1-5 years |
14.25%* |
NIL |
Up to 3% |
|
Kotak Mahindra Bank Personal Loan in Chennai |
1-5 years |
11.50%* |
5% of outstanding principal. |
Up to 2.5% |
|
Axis Bank Personal Loan in Chennai |
1-5 years |
15.50%* |
NIL |
Up to 2.00% |
|
IndusInd Bank Personal Loan in Chennai |
1-5 years |
14%* |
4% of outstanding principal |
Up to 2.50% |
|
Capital first Personal Loan in Chennai |
1-5 years |
16%* |
4% of outstanding |
Up to 2.49% of the loan amount |
|
Aditya Birla Capital Personal Loan in Chennai |
1-5 years |
11.75%* |
4% of principal outstanding in 1st year, 3% in the 2ndyear, and thereafter pre-closure Permitted after 6 months. |
1% of principal. |
|
IDFC First Personal Loan in Chennai |
1-5 years |
10.99%* |
4% of outstanding |
2% -4% |
|
Indiabulls Venture Capital Personal Loan in Chennai |
1-5 years |
11.99%* |
5% if less than 6 Months. |
Up to 5% |
|
SBI Personal Loan in Chennai |
1-5 years |
12.50%*-16.60%* |
3% of the prepaid amount (after 1stEMI) |
Up to 3% of the loan amount |
|
Fullerton India Personal Loan in Chennai |
1-5 years |
17.25%* |
4% of outstanding |
Up to 2% |
|
TATA Capital Personal Loan in Chennai |
1-6 years |
13.99%* |
4.5% of the outstanding principal.And NIL for the initial 6 months |
Up to 2% |
|
ECL Finance Personal Loan in Chennai |
1-5 years |
17.50%* |
4% of principal amount outstanding+GST |
Up to 2% of the loan amount |
*Interest rates change time to time.
