Apply Personal Loan Online Upto Rs. 25 Lacs
Details on Personal Loan
Personal Loan in Kerala
Overview of Personal Loan in Kerala
There are so many Personal Loan providers in Kerala who offers personal loan with low interest rates. A Personal Loan can be helpful in so many ways from medical emergencies, education, holiday, and wedding. You can apply online personal loan in Kerala for lower interest rate and minimal documents. Personal Loan in Kerala is an unsecured loan or you also can say it personal loan without security in Kerala. To get instant approval you can apply for Instant Personal Loan in Kerala. Personal Loan without CIBIL Check in Kerala is impossible. To avail Personal Loan without documents in Kerala apply online. Personal Loan in Kerala starts from Rs. 25,000 to Rs. 25,00,000. By checking online you can avail best Personal Loan in Kerala.
Why you should opt for Personal Loan in Kerala?
Kerala is one of the largest states of India both in economy and as a place. Kerala has 14 districts. The unique tradition and beauty of this place attract so many tourists here. You can avail Personal Loan in Thiruvanathapuram Kerala, Personal Loan in Kollam Kerala, Personal Loan in Alappuza Kerala, Personal Loan in Pthanamthitta Kerala, Personal Loan in Kottayam Kerala, Personal Loan in Idukki Kerala, Personal Loan in Ernakulam Kerala, Personal Loan in Thrissur, Personal Loan in Palakkad Kerala, Personal Loan in Malappuram Kerala, Personal Loan in Kozhikode Kerala, Personal Loan in Wayanad Kerala, Personal Loan in Kannur, Personal Loan in Kasaragod, Personal Loan in Cochin. You can avail Personal Loan in Kerala easily if you are from any of these districts and you have higher CIBIL Score and you are a salaried it will be easier to get a Personal Loan in Kerala. You can apply online for Personal Loan in Kerala. Personal Loan in Kerala 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 Kerala, private finance loans in Kerala, cash loan in Kerala, immediate cash loan in Kerala, Personal Loan by Private financer in Kerala, instant Personal Loan in Kerala, Personal Loans in Kerala are different kinds of Personal loans in Kerala.
Here are some points that why you should go for Personal Loan in Kerala.
- You don’t have to mortgage any of your security to avail a Personal Loan in Kerala
- You do not need any guarantor at Personal Loan in Kerala
- Personal Loan in Kerala comes with lower interest rates; the processing fees are minimum and no hidden charges.
- You can check your Personal Loan in Kerala application status and your Personal Loan in Kerala eligibility just in a second from home by just clicking a button from your home or office.
- You can repay your Personal Loan in Kerala from 12 months to 60 months.
- You can avail Personal Loan in Kerala up to Rs. 25 lakh (varies).
- To avail a Personal Loan in Kerala you don’t need give a purpose to any institutions. There is no specific purpose to avail a Personal Loan in Kerala.
- In your emergency needs you can easily avail instant Personal Loan in Kerala, cash loan in Kerala or immediate cash loan in Kerala.
- If you are self-employed you can easily avail Personal Loan for Self-employed in Kerala.
Eligibility Criteria for Personal Loan in Kerala
It is not much hard to avail Personal Loan in Kerala you just need minimum eligibility to avail a Personal Loan in Kerala. You must maintain a good Credit score to avail Personal Loan in Kerala. If you are applying for Personal Loan in Kerala at a younger age you have chance to make your interest rate lower.
Here are the eligibility criteria for Personal Loan in Kerala.
|
Personal Loan in Kerala 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 Kerala
Following are the common set of documents which you need to submit while applying for Personal Loan in Kerala-
- 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 Kerala of different Financial Institutions
Following are some of the financial institutions which offer Unsecured Personal Loan in Kerala online at an attractive interest rate
|
Banks |
Loan Tenure |
Interest Rates |
Pre-Closure Charges |
Processing Fees |
|
Kotak Mahindra Bank Personal Loan in Kerala |
1-5 years |
11.25%* |
5% of outstanding principal. |
Up to 2.5% |
|
ICICI Bank Personal Loan in Kerala |
1-5 years |
11.49%* |
5% of outstanding principal + GST |
Rs. 999* |
|
SBI Personal Loan in Kerala |
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 Kerala |
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 Kerala |
1-5 years |
14.75%* |
NIL |
Up to 3% |
|
HDFC Bank Personal Loan in Kerala |
1-5 years |
11.25%* |
Between 2% to 4% of the outstanding principal. |
Up to 2.50% |
|
IndusInd Bank Personal Loan in Kerala |
1-5 years |
12.99%* |
4% of outstanding principal |
Up to 2.50% |
|
Indiabulls Venture Capital Personal Loan in Kerala |
1-5 years |
11.99%* |
5% if less than 6 Months. |
Up to 5% |
|
Axis Bank Personal Loan in Kerala |
1-5 years |
15.50%* |
NIL |
Up to 2.00% |
|
IDFC First Personal Loan in Kerala |
1-5 years |
10.99%* |
4% of outstanding |
2% – 4% |
|
Aditya Birla Capital Personal Loan in Kerala |
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 Kerala |
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 Kerala |
1-5 years |
17.25%* |
4% of outstanding Principal. |
Up to 2% |
|
Capital first Personal Loan in Kerala |
1-5 years |
16%* |
4% of outstanding |
Up to 2.49% of the loan amount |
|
ECL Finance Personal Loan in Kerala |
1-5 years |
17.50%* |
4% of principal amount outstanding+GST |
Up to 2% of the loan amount |
*Interest rates change time to time.
