Apply Personal Loan Online Upto Rs. 25 Lacs
Details on Personal Loan
Personal Loan in Kottayam
Overview of Personal Loan in Kottayam
Personal Loan in Kottayam is an unsecured loan which means you don’t need any guarantor or you don’t need to mortgage any of your property. You can use your Personal Loan in Kottayam in so many ways like study of your child, wedding, medical expenses, holiday etc. You can apply Personal Loan in Kottayam online for lower interest rates 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 should you opt for Personal Loan in Kottayam?
Kottayam is most popular for its thriving rubber industry and spice exports also a large amount of Kottayam’s economy is depending on it. This city is growing up by depending on the agriculture and different types of industries. This city is still developing. You can easily avail a Personal Loan in Kottayam. If you have high CIBIL Score and you are a salaried it will be easier to get a Personal Loan in Kottayam. You can apply online for Personal Loan in Kottayam. Personal Loan in Kottayam 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 Kottayam, private finance loans in Kottayam, cash loan in Kottayam, immediate cash loan in Kottayam, Personal Loan by Private financer in Kottayam, instant Personal Loan in Kottayam, Personal Loans in Kottayam are different kinds of Personal loans in Kottayam.
Here are some points that why you should go for Personal Loan in Kottayam.
- You don’t have to mortgage any of your security to avail a Personal Loan in Kottayam
- You do not need any guarantor at Personal Loan in Kottayam
- Personal Loan in Kottayam comes with lower interest rates; the processing fees are minimum and no hidden charges.
- You can check your Personal Loan in Kottayam application status and your Personal Loan in Kottayam eligibility just in a second from home by just clicking a button from your home or office.
- You can repay your Personal Loan in Kottayam from 12 months to 60 months.
- You can avail Personal Loan in Kottayam up to Rs. 25 lakh (varies).
- To avail a Personal Loan in Kottayam you don’t need give a purpose to any institutions. There is no specific purpose to avail a Personal Loan in Kottayam.
- In your emergency needs you can easily avail instant Personal Loan in Kottayam, cash loan in Kottayam or immediate cash loan in Kottayam.
- If you are self-employed you can easily avail Personal Loan for Self-employed in Kottayam.
Eligibility Criteria for Personal Loan in Kottayam
It is not much hard to avail a Personal Loan in Kottayam you just need minimum eligibility to avail a Personal Loan in Kottayam. You must maintain a good Credit score to avail Personal Loan in Kottayam. If you are applying for Personal Loan in Kottayam at a younger age you have chance to make your interest rate lower.
Here are the eligibility criteria for Personal Loan in Kottayam.
|
Personal Loan in Kottayam 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 Kottayam
Following are the common set of documents which you need to submit while applying for Personal Loan in Kottayam-
- 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 Kottayam of different Financial Institutions
Following are some of the financial institutions which offer Unsecured Personal Loan in Kottayam online at an attractive interest rate
|
Banks |
Loan Tenure |
Interest Rates |
Pre-Closure Charges |
Processing Fees |
|
Kotak Mahindra Bank Personal Loan in Kottayam |
1-5 years |
11.25%* |
5% of outstanding principal. |
Up to 2.5% |
|
ICICI Bank Personal Loan in Kottayam |
1-5 years |
11.49%* |
5% of outstanding principal + GST |
Rs. 999* |
|
SBI Personal Loan in Kottayam |
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 Kottayam |
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 Kottayam |
1-5 years |
14.75%* |
NIL |
Up to 3% |
|
HDFC Bank Personal Loan in Kottayam |
1-5 years |
11.25%* |
Between 2% to 4% of the outstanding principal. |
Up to 2.50% |
|
IndusInd Bank Personal Loan in Kottayam |
1-5 years |
12.99%* |
4% of outstanding principal |
Up to 2.50% |
|
Indiabulls Venture Capital Personal Loan in Kottayam |
1-5 years |
11.99%* |
5% if less than 6 Months. |
Up to 5% |
|
Axis Bank Personal Loan in Kottayam |
1-5 years |
15.50%* |
NIL |
Up to 2.00% |
|
IDFC First Personal Loan in Kottayam |
1-5 years |
10.99%* |
4% of outstanding |
2% – 4% |
|
Aditya Birla Capital Personal Loan in Kottayam |
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 Kottayam |
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 Kottayam |
1-5 years |
17.25%* |
4% of outstanding Principal. |
Up to 2% |
|
Capital first Personal Loan in Kottayam |
1-5 years |
16%* |
4% of outstanding |
Up to 2.49% of the loan amount |
|
ECL Finance Personal Loan in Kottayam |
1-5 years |
17.50%* |
4% of principal amount outstanding +GST |
Up to 2% of the loan amount |
*Interest rates change time to time.
