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Best Personal Loan Lenders, Personal Loan in Delhi
A personal loan can assist a person in taking care of their personal needs and requirements from high-end purchases to planning of an event. Whilst the procedure of proceeding with a personal loan is generally a simple one, two significant factors, interest rate as well as the processing fee, regulating what kind of financial liability would fall upon an individual in order to fulfill their personal needs on recital of the loan.
Selecting the best personal loan lenders can be a stressful process, so we have gathered the data to provide information regarding personal loans in Delhi so that it gets easier for a person to choose from them based on their needs and requirements.
HDFC Bank Personal Loan
HDFC Bank is a major bank that provides multiple banking products at reasonable prices. The personal loan product offered by HDFC Bank is cost-effective as well as appealing.
- Interest rate- ranges between 10.50% per annum to 21.00% per annum
- Minimum age- must be 21 years
- Maximum age- up to 60 years
- Processing fee- can range up to 2.5% of the loan amount starting with a minimum of Rs.1,999 only and a maximum of Rs.25,000 only
- Loan amount- Can vary up to Rs.15 lakh
- Loan tenure- Ranges between 12 to 60 months
- Loan disbursal time- Generally 2 days
Cholamandalam Personal Loan
- Interest rate- 15% per annum which is fixed
- Minimum age- must be 21 years
- Maximum age up to 60 years
- Processing fee ranges 3% of the loan amount
- The loan amount can go up to Rs. 5 lakh
- Loan tenure is from 12 to 60 months
SBI Personal Loan
The SBI bank offers numerous personal loan products at varied interest rates. For instance, SBI Xpress Credit Personal Loan. The criteria for this is listed below:
- Interest rate- starting from 11.15% onwards
- Minimum age- it is about 21 years
- Maximum age- it is about 60 years
- Minimum income- Rs.15,000
- Loan amount- Rs.25,000 to Rs.20 lakh
- Loan tenure- Up to 60 months
SBI Personal Loan for Pensioners
- Interest rate- 11.30% p.a. – 11.80% p.a.
- Minimum age- 21 Years
- Maximum age- 76 years
- Loan amount- Rs.25,000 to Rs.14 lakh
- Loan tenure- Up to 84 months
PNB Personal Loan
- Interest rate- ranges between 12.45% p.a. to 17.95% p.a
- Minimum age- must be 21 years
- Maximum age- up to 60 years
- Minimum income- as per the conditions set by the bank
- Loan amount- ranges from Rs.50,000 to Rs.10 lakh or 20 times the monthly net income
- Loan tenure- ranges from 15 times the gross monthly salary up to a maximum of Rs.10 lakh
Axis Bank Personal Loan
- Interest rate- 10.75% p.a. to 22% p.a.
- Minimum age- 21 years
- Maximum age- 60 years
- Minimum income- Rs.15,000
- Loan amount- Up to Rs.50,000 to Rs.40 lakh
- Loan amount- 12 to 60 months
Canara Bank Personal Loan
- Interest rate – ranges up to 10.95% p.a. to 15.95% p.a.
- Minimum age – it is at the discretion of the bank
- Maximum age – it is at the discretion of the bank
- Minimum income – it is at the contact the bank for more information
- Loan amount – it is Rs.3 lakh or gross salary for 6 months, whichever is lesser
- Loan tenure – it is Up to 60 months
Indian Overseas Bank Personal Loan
- Interest rate- 10.85% p.a. – 13.00% p.a.
- Minimum age- 21 years
- Maximum age- 60 years
- Minimum income- At the discretion of the bank
- Loan amount- Up to Rs.15 lakh
- Loan tenure- Up to 84 months
