Apply Personal Loan Online Upto Rs. 25 Lacs
Details on Personal Loan
Personal Loan in Patna
Overview of Personal Loan in Patna
Personal Loan in Patna is an unsecured loan which provides financial backup against any kind of monetary requirements without taking any security or collateral. Unsecured Personal Loan in Patna requires minimum documentation with repayment tenure up to 5 years with flexible EMI benefit. There are many Personal Loan provider in Patna who provides instant Personal Loan in Patna at an attractive interest rate. With the help of Personal Loan Patna, you can meet your cost of buying any consumer durable goods, wedding & vacation expenses, medical costs and much more. For low interest Personal Loan in Patna, you need to have adequate income with a minimum CIBIL score of 750 or above. For low cibil score Personal Loan in Patna, a higher interest rate will be charged.
Why you should opt for Personal Loan in Patna?
Patna, the capital city of Bihar is an established agricultural hub. Along with that industrial and business growth is also expanding thus improving the present economic scenario of Patna. As a result, the financial needs of the people has also increased which is easily covered by Personal Loan in Patna. When you opt for Personal Loan Patna Bihar, you need to submit very minimum documents and can repay using flexible EMI option. High CIBIL score and good repaying capacity with early applying age are necessary for low interest rate Personal Loan in Patna.
Here are some of the reasons as to why should you opt for Personal Loan in Patna-
- Personal Loan in Patna for self employed and Personal Loan in Patna for salaried fulfills the monetary need of both salaried and self-employed applicants.
- Unsecured Personal Loan in Patna does not need any collateral as security.
- You can avail Instant Personal Loan in Patna up to Rs. 25 lakhs. (Though the amount may change for different banks)
- Online Personal Loan in Patna simplifies your loan process and is very user friendly.
- Personal Loan interest rates in Patna differs depending on your eligibility for the loan.
- Personal Loans Patna offers low processing fees with no hidden charges.
Eligibility Criteria for Personal Loan in Patna
Personal Loan in Patna gets affected by your eligibility criteria which is quite nominal. You need to maintain a minimum CIBIL score of 750 or above with an adequate income source with good credit history to obtain low interest Personal Loan in Patna.
Following are the eligibility criteria for Personal Loan Patna-
|
Personal Loan in Patna Eligibility Criteria |
Salaried |
Self-Employed |
|
Age |
21 years – 60 years |
25 years – 65 years |
|
CIBIL score |
750 or above |
750 or above |
|
Income |
Rs. 20,000 (min amt) |
Rs. 1 crore (min turnover) |
|
Profession |
Works in any govt organization, MNCs or any private sectors |
Partnership firms, sole propritership firms, Public or Private ltd. companies, Business Professionals, etc. |
|
Experience of Work |
Minimum 2 years with atleast 1 year in the present company |
Continuity of Business for minimum of 3 years |
Documents required for Personal Loan in Patna
Here are the common documents that are required for Personal Loan Patna-
- ID proof- PAN Card, AADHAR Card, Ration Card.
- Address Proof- Passport, Any kind of Utility Bills like- Water, Electricity or Gas Bills, Driving License.
- Application form
- Passport size photograph
-
For Self-Employed
- Verified copy of Partnership Deed/Memorandum and Articles of Association/Sales Tax Certificate/Trade License
- ITR details of last 3 years.
- Details of Profit & Loss statement and Balance Sheet of the last 2 years
-
For Salaried
- Copy of Form 16.
- Salary slip of the last 3 months.
- Statement of updated bank account of last 6 months.
Personal Loan Interest Rates in Patna of different Financial Institutions
You can opt for Personal Loan in Patna by comparing Personal Loan interest rates in Patna of all banks and NBFCs-
|
Banks |
Loan Tenure |
Interest Rates |
Pre-Closure Charges |
Processing Fees |
|
Axis Bank Personal Loan in Patna |
1-5 years |
15.50%* |
NIL |
Up to 2.00% |
|
Kotak Mahindra Bank Personal Loan in Patna |
1-5 years |
11.25%* |
5% of outstanding principal. |
Up to 2.5% |
|
SBI Personal Loan in Patna |
1-5 years |
12.50%*-16.60%* |
3% of the prepaid amount (after 1st EMI) |
Up to 3% of the loan amount |
|
TATA Capital Personal Loan in Patna |
1-6 years |
13.99%* |
4.5% of the outstanding principal. And NIL for the initial 6 months |
Up to 2% |
|
Bajaj Finserv Personal Loan in Patna |
1-5 years |
14.75%* |
NIL |
Up to 3% |
|
YES Bank Personal Loan in Patna |
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 |
|
IndusInd Bank Personal Loan in Patna |
1-5 years |
12.99%* |
4% of outstanding principal |
Up to 2.50% |
|
Aditya Birla Capital Personal Loan in Patna |
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. |
|
HDFC Bank Personal Loan in Patna |
1-5 years |
11.25%* |
Between 2% to 4% of the outstanding principal. |
Up to 2.50% |
|
Fullerton India Personal Loan in Patna |
1-5 years |
17.25%* |
4% of outstanding principal. |
Up to 2% |
|
Capital first Personal Loan in Patna |
1-5 years |
16%* |
4% of outstanding |
Up to 2.49% of the loan amount |
|
Indiabulls Venture Capital Personal Loan in Patna |
1-5 years |
11.99%* |
5% if less than 6 months. |
Up to 5% |
|
ICICI Bank Personal Loan in Patna |
1-5 years |
11.49%* |
5% of outstanding principal + GST |
Rs. 999* |
|
IDFC First Personal Loan in Patna |
1-5 years |
10.99%* |
4% of outstanding |
2% – 4% |
|
ECL Finance Personal Loan in Patna |
1-5 years |
17.50%* |
4% of principal amount outstanding+GST |
Up to 2% of the loan amount |
*Interest rates change time to time.
