Apply Personal Loan Online Upto Rs. 25 Lacs
Details on Personal Loan
Personal Loan in Maharashtra
Overview of Personal Loan in Maharashtra
Personal Loan in Maharashtra offers financial support without taking any mortgage as security so, it is an unsecured Personal Loan in Maharashtra. You can use Easy Personal Loan in Maharashtra to fulfill your financial needs starting from any medical expense, education expense of your child, wedding purpose or buying new car or bike. There is no limit to use Personal Loan in Maharashtra. For availing low interest Personal Loan in Maharashtra, you need to have a good credit score with high salary income and good repaying history. You can avail Instant Personal Loan in Maharashtra at a highly competitive interest rate with easy loan approval and repaying it with easy EMIs with a loan tenure up to 60 months. Personal Loan in Maharashtra is available up to a number of Rs. 25 lakhs but different banks offer different loan amount based on your loan eligibility.
Why should you opt for Personal Loan in Maharashtra?
Maharashtra, one of the most populous state in India attracts huge migration and has emerged as a vast industrial & manufacturing hub along with the center of the renowned film industry in Mumbai. The standard of living is increasing every day which put forward the need for Personal Loan in Maharashtra. Also, you can avail Personal Loan in Mumbai Maharashtra, Personal Loan in Nagpur Maharashtra, Personal Loan in Mumbai Andheri Maharashtra, Personal Loan in Pune Maharashtra, Personal Loan in Navi Mumbai Maharashtra to cope up with your financial needs. Applicants with a high salary and CIBIL score of at least 750 or above can easily avail low interest Personal Loan in Maharashtra. But Personal Loan for cibil defaulters in Thane Maharashtra is not possible.
Here are the points as to why you should opt for Personal Loan in Maharashtra-
- Flexible EMIs with loan tenure up to 5 years is offered for Personal Loans in Maharashtra.
- With the help of instant Personal Loan in Maharashtra, you don’t have to worry about your financial needs.
- You can avail Personal Loan in Maharashtra from Rs. 25,000 to Rs. 25 lakhs based on your loan eligibility. But different financial institutions have a different limit on the loan amount.
- With the help of instant Personal Loan in Maharashtra, your immediate monetary need gets fulfilled without much hassles.
- Online Personal Loan in Maharashtra makes loan experience very easily accessible and user-friendly.
- Higher interest rate will be charged for low cibil score Personal Loan in Maharashtra.
Eligibility Criteria for Personal Loan in Maharashtra
To get Personal Loan in Maharashtra at a lower rate of interest, you need to satisfy the eligibility criteria for Personal Loan in Maharashtra. You are required to have a steady income source and a credit score of at least 750 or above to get easy Personal Loan in Maharashtra at an attractive interest rate.
Following is the common eligibility criteria for Personal Loan in Maharashtra that needs to be satisfied-
|
Personal Loan in Maharashtra Eligibility Criteria |
Salaried |
Self-Employed |
|
Age |
21-60 years |
25-65 years |
|
Profession |
Working in MNCs, private sectors or govt organization |
Business Professionals, partnership firms,private or public ltd. companies, sole propritership firms, etc. |
|
Work Experience |
Minimum 2 years with at least 1 year in the present company |
Stable Business Continuity for at least 3 years |
|
Income |
Min- Rs. 20,000 |
Min Turnover- Rs. 1 crore |
|
CIBIL score/Credit score |
750 or above |
750 or above |
|
Amount of Loan |
Up to Rs. 25 lakhs (may vary) |
Up to Rs. 30 lakhs (may vary) |
Documents required for Personal Loan in Maharashtra
Following set of testimonials that are essential for easy Personal Loan in Maharashtra-
- Passport size photo
- Filled loan application form
- ID proof- AADHAR Card, PAN Card, Ration Card.
- Address Proof- Passport, Utility Bills like- Gas, Water or Electricity Bills, Driving License.
-
For Salaried
- Updated bank a/c Statement of last 6 months.
- Salary slip for last 3 months.
- Copy of Form 16.
-
For Self-Employed
- Balance Sheet of last 2 years and Copy of Profit & Loss statement of last 2 years
- Last 3 years details of ITR report.
- Verified copy of Trade License/Sales Tax Certificate/Partnership Deed/Memorandum and Articles of Association.
Personal Loan Interest Rates in Maharashtra of different Financial Institutions
You can easily Personal Loans in Maharashtra by comparing Personal Loan interest rates in Maharashtra of all banks and NBFCs-
|
Banks |
Loan Tenure |
Interest Rates |
Pre-Closure Charges |
Processing Fees |
|
HDFC Bank Personal Loan in Maharashtra |
1-5 years |
11.25%* |
Between 2% to 4% of the outstanding principal. |
Up to 2.50% |
|
IndusInd Bank Personal Loan in Maharashtra |
1-5 years |
12.99%* |
4% of outstanding principal |
Up to 2.50% |
|
YES Bank Personal Loan in Maharashtra |
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 |
|
SBI Personal Loan in Maharashtra |
1-5 years |
12.50%*-16.60%* |
3% of the prepaid amount (after 1st EMI) |
Up to 3% of the loan amount |
|
Kotak Mahindra Bank Personal Loan in Maharashtra |
1-5 years |
11.25%* |
5% of outstanding principal. |
Up to 2.5% |
|
ICICI Bank Personal Loan in Maharashtra |
1-5 years |
11.49%* |
5% of outstanding principal + GST |
Rs. 999* |
|
Axis Bank Personal Loan in Maharashtra |
1-5 years |
15.50%* |
NIL |
Up to 2.00% |
|
Fullerton India Personal Loan in Maharashtra |
1-5 years |
17.25%* |
4% of outstanding principal. |
Up to 2% |
|
Capital first Personal Loan in Maharashtra |
1-5 years |
16%* |
4% of outstanding |
Up to 2.49% of the loan amount |
|
Indiabulls Venture Capital Personal Loan in Maharashtra |
1-5 years |
11.99%* |
5% if less than 6 months. |
Up to 5% |
|
Aditya Birla Capital Personal Loan in Maharashtra |
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. |
|
TATA Capital Personal Loan in Maharashtra |
1-6 years |
13.99%* |
4.5% of the outstanding principal. And NIL for the initial 6 months |
Up to 2% |
|
IDFC First Personal Loan in Maharashtra |
1-5 years |
10.99%* |
4% of outstanding |
2% – 4% |
|
Bajaj Finserv Personal Loan in Maharashtra |
1-5 years |
14.75%* |
NIL |
Up to 3% |
|
ECL Finance Personal Loan in Maharashtra |
1-5 years |
17.50%* |
4% of principal amount outstanding+GST |
Up to 2% of the loan amount |
*Interest rates change time to time.
