Apply Personal Loan Online Upto Rs. 25 Lacs
Details on Personal Loan
Personal Loan in Bhopal
Overview of Personal Loan in Bhopal
Personal Loan in Bhopal is an unsecured loan provided by so many lending institutions. As this loan is an unsecured loan you don’t have to mortgage any of your property papers to the lender. Personal Loan Bhopal Madhya Pradesh comes with lower interest rates. But Personal Loan in Bhopal for low CIBIL Score comes with a higher interest rate comparatively who has higher CIBIL Score. With the help of Unsecured Personal Loan in Bhopal you can do whatever you want. You can use Personal Loan in Bhopal for medical emergency, vacation, study, wedding, home renovation etc. Personal Loan in Bhopal without CIBIL Score checking is not possible because any lending institution provides you a Personal Loan in Bhopal before knowing your repayment capacity and your repayment history from your CIBIL Score. You can take a loan of Rs. 25,000 to Rs. 25,00,000, you can pay Personal Loan in Bhopal from 12 months to 60 months. You also can transfer your loan any time you want to a different institution. To get lowest interest rate for Personal Loan in Bhopal you can go for Personal Loan in Bhopal online apply. To avail online Personal Loan in Bhopal you have to provide minimal documents and can go for Easy Personal Loan in Bhopal with minimal documents. It is impossible to avail Personal Loan for unemployed in Bhopal, salaried person can easily avail Personal Loan for salaried in Bhopal which also comes with lower interest rate. To get a Personal Loan in Bhopal you must maintain a good Credit Score or CIBIL Score. Incase you have low CIBIL Score Personal Loan foe low CIBIL Score in Bhopal offers a high interest rate.
Why should you opt for Personal Loan in Bhopal?
Bhopal is the capital of Madhya Pradesh. Bhopal is selected India’s one of the twenty cities to be developed as a smart city. There are so many industries which runs in this city like Bhopal Heavy Electricals Limited etc. The economy of this city is getting bigger and bigger. All financial institutions are getting spread around Bhopal and with this growing city the life style of this city is also getting bigger and bigger. To maintain your lifestyle you can easily avail a Personal Loan in Bhopal. . Personal Loan in Bhopal 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 Bhopal, private finance loans in Bhopal, cash loan in Bhopal, immediate cash loan in Bhopal, Personal Loan by Private financer in Bhopal, instant Personal Loan in Bhopal, Personal Loans in Bhopal are different kinds of Personal loans in Bhopal.
Here are some points that why you should go for Personal Loan in Bhopal.
- You do not have to mortgage any of your security to avail a Personal Loan in Bhopal
- You do not need any guarantor at Personal Loan in Bhopal
- Personal Loan in Bhopal comes with lower interest rates; the processing fees are minimum and no hidden charges.
- You can check your Personal Loan in Bhopal application status and your Personal Loan in Bhopal eligibility just in a second from home by just clicking a button from your home or office.
- You can repay your Personal Loan in Bhopal from 12 months to 60 months.
- You can avail Personal Loan in Bhopal up to Rs. 25 lakh (varies).
- To avail a Personal Loan in Bhopal you don’t need give a purpose to any institutions. There is no specific purpose to avail a Personal Loan in Bhopal.
- In your emergency needs you can easily avail instant Personal Loan in Bhopal, cash loan in Bhopal or immediate cash loan in Bhopal.
- If you are self-employed you can easily avail Personal Loan for Self-employed in Bhopal.
Eligibility Criteria for Personal Loan in Bhopal
It is not much hard to avail Personal Loan in Bhopal you just need minimum eligibility to avail a Personal Loan in Bhopal. You must maintain a good Credit score to avail Personal Loan in Bhopal. If you are applying for Personal Loan in Bhopal at a younger age you have chance to make your interest rate lower.
Here are the eligibility criteria for Personal Loan in Bhopal.
|
Personal Loan in Bhopal 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 Bhopal
Following are the common set of documents which you need to submit while applying for Personal Loan in Bhopal-
- 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 Bhopal of different Financial Institutions
Following are some of the financial institutions which offer Unsecured Personal Loan in Bhopal online at an attractive interest rate
|
Banks |
Loan Tenure |
Interest Rates |
Pre-Closure Charges |
Processing Fees |
|
Kotak Mahindra Bank Personal Loan in Bhopal |
1-5 years |
11.25%* |
5% of outstanding principal. |
Up to 2.5% |
|
ICICI Bank Personal Loan in Bhopal |
1-5 years |
11.49%* |
5% of outstanding principal + GST |
Rs. 999* |
|
SBI Personal Loan in Bhopal |
1-5 years |
12.50%*-16.60%* |
3% of the prepaid amount (after 1st EMI) |
Up to 3% of the loan amount |
|
YES Bank Personal Loan in Bhopal |
1-5 years |
14%* |
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 Bhopal |
1-5 years |
14.75%* |
NIL |
Up to 3% |
|
HDFC Bank Personal Loan in Bhopal |
1-5 years |
11.25%* |
Between 2% to 4% of the outstanding principal. |
Up to 2.50% |
|
IndusInd Bank Personal Loan in Bhopal |
1-5 years |
12.99%* |
4% of outstanding principal |
Up to 2.50% |
|
Indiabulls Venture Capital Personal Loan in Bhopal |
1-5 years |
11.99%* |
5% if less than 6 months. |
Up to 5% |
|
Axis Bank Personal Loan in Bhopal |
1-5 years |
15.50%* |
NIL |
Up to 2.00% |
|
IDFC First Personal Loan in Bhopal |
1-5 years |
10.99%* |
4% of outstanding |
2% – 4% |
|
Aditya Birla Capital Personal Loan in Bhopal |
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. |
|
TATA Capital Personal Loan in Bhopal |
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 Bhopal |
1-5 years |
17.25%* |
4% of outstanding principal. |
Up to 2% |
|
Capital first Personal Loan in Bhopal |
1-5 years |
16%* |
4% of outstanding |
Up to 2.49% of the loan amount |
|
ECL Finance Personal Loan in Bhopal |
1-5 years |
17.50%* |
4% of principal amount outstanding+GST |
Up to 2% of the loan amount |
*Interest rates change time to time.
