Apply Personal Loan Online Upto Rs. 25 Lacs
Details on Personal Loan
Personal Loan in Mysore
Overview of Personal Loan in Mysore
Personal Loan in Mysore provides financial comfort against any kind of economic hardship. You can use Instant Personal Loan in Mysore to manage your expenses efficiently. With the help of Easy Personal Loan in Mysore, you can cover educational costs, medical bills, purchasing consumer durable goods, paying off debts and much more. To avail low interest Personal Loan in Mysore, you need to have a minimum CIBIL score of 750 or more with a good repaying capacity. But for low cibil score Personal Loan in Mysore, you will be charged a higher interest rate. With the help of Easy Personal Loan in Mysore, you need to submit very minimum documents and the loan gets very quickly processed. Personal Loan Mysore helps you meet your financial needs without specifying it to the financial institution.
Why you should opt for Personal Loan in Mysore?
Mysore, one of the largest city in Karnataka is a major tourist spot. The city has branches of major companies like Larsen & Turbo, Wipro, Infosys and much. Mysore is also a hub of software exporter next to Bangalore. With this expanding economy, the need for Personal Loan in Mysore has increased. Using Instant Personal Loan in Mysore, you can avail loan amount up to Rs. 25 lakhs with a repayment period up to 5 years. With the help of Unsecured Personal Loan in Mysore, you do not have to pledge any collateral with the financial institution. For low cibil score Personal Loan in Mysore, a higher interest rate is charged.
Following are the reasons why should you opt for Personal Loan in Mysore-
- Online Personal Loan in Mysore helps you to apply for the loan at any point of time.
- With unsecured Personal Loan in Mysore, you have to submit very few documents.
- Instant Personal Loan in Mysore helps in meeting the financial needs by providing an additional cash.
- You can avail Personal Loan in Mysore with a loan amount up to Rs. 25 lakhs.
- To avail a Personal Loan in Mysore you don’t need give a purpose to any institutions. There is no specific purpose to avail a Personal Loan in Mysore.
- In your emergency needs you can easily avail instant Personal Loan in Mysore, cash loan in Mysore or immediate cash loan in Mysore.
- If you are self-employed you can easily avail Personal Loan for Self-employed in Mysore.
Eligibility Criteria for Personal Loan in Mysore
It is not much hard to avail Personal Loan in Mysore, you just need minimum eligibility to avail a Personal Loan in Mysore. You must maintain a good Credit score to avail Personal Loan in Mysore. If you are applying for Personal Loan in Mysore at a younger age you have chance to make your interest rate lower. Here is the eligibility criteria for Personal Loan in Mysore.
Personal Loan in Mysore 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 Mysore
Following are the common set of documents which you need to submit while applying for Personal Loan in Mysore-
- 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 slip 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 Mysore of different Financial Institutions
Following are some of the financial institutions which offer Unsecured Personal Loan in Mysore online at an attractive interest rate
Banks |
Loan Tenure |
Interest Rates |
Pre-Closure Charges |
Processing Fees |
HDFC Bank Personal Loan in Bikaner |
1-5 years |
10.99%* |
Between 2% to 4% of the outstanding principal. |
Up to 2.50% |
Axis Bank Personal Loan in Bikaner |
1-5 years |
15.50%* |
NIL |
Up to 2.00% |
YES Bank Personal Loan in Bikaner |
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 |
SBI Personal Loan in Bikaner |
1-5 years |
12.50%*-16.60%* |
3% of the prepaid amount (after 1st EMI) |
Up to 3% of the loan amount |
ICICI Bank Personal Loan in Bikaner |
1-5 years |
11.49%* |
5% of outstanding principal + GST |
Rs. 999* |
IndusInd Bank Personal Loan in Bikaner |
1-5 years |
12.99%* |
4% of outstanding principal |
Up to 2.50% |
Bajaj Finserv Personal Loan in Bikaner |
1-5 years |
14.75%* |
NIL |
Up to 3% |
Capital first Personal Loan in Bikaner |
1-5 years |
16%* |
4% of outstanding |
Up to 2.49% of the loan amount |
Indiabulls Venture Capital Personal Loan in Bikaner |
1-5 years |
11.99%* |
5% if less than 6 months. |
Up to 5% |
Fullerton India Personal Loan in Bikaner |
1-5 years |
17.25%* |
4% of outstanding principal. |
Up to 2% |
Aditya Birla Capital Personal Loan in Bikaner |
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. |
IDFC First Personal Loan in Bikaner |
1-5 years |
10.99%* |
4% of outstanding |
2% – 4% |
Kotak Mahindra Bank Personal Loan in Bikaner |
1-5 years |
11.50%* |
5% of outstanding principal. |
Up to 2.5% |
TATA Capital Personal Loan in Bikaner |
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 Bikaner |
1-5 years |
17.50%* |
4% of principal amount outstanding+GST |
Up to 2% of the loan amount |
*Interest rates change time to time.