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Nainital Bank Personal Loan

Nainital Bank offers personal loans (Naini Sahyog) in form of term loans/demand loans or reducing overdraft for amounts up to Rs 15 Lakh @12.00% p.a. onwards. The applicants can use the personal loan for any purpose except for speculation. The bank also provides concession @ 0.50% to the borrowers who offer CRM Securities (Nainital Bank's deposit/ LIC/ NSC/ Acceptable Paper Securities) as collateral, with the present value not less than 50%, subject to the same being maintained till liquidation of advance facility.
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Instant Personal Loan

Get up to ₹50 Lakhs starting at 9.98%

4.5/5

15.6L Reviews

5.7cr+Satisfied Customers
65+Lending Partners
₹65k Cr+Loans Disbursed
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Simple Online Application Process

Icon image of Minimum Documentation Needed

Minimum Documentation Needed

Icon image of Zero Collateral Requirement

Zero Collateral Requirement

Icon image of No Prepayment Penalty

No Prepayment Penalty

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HDFC Bank
10 Second Disbursal*100% Digital Process*Quick Disbursal
Max Loan Amt.Upto 25L
Rate of Interest9.99% - 12.5%
Tenure upto1-5 Years
Processing Fee6,500
ICICI Bank
100% Digital Process*Quick Disbursal
Max Loan Amt.Upto 25L
Rate of Interest11% - 13%
Tenure upto1-5 Years
Processing FeeUpto 2%
Axis Bank
Low Processing fee
Max Loan Amt.Upto 25L
Rate of Interest9.99% - 17.15%
Tenure uptoUpto 6 Years
Processing FeeUpto 2%
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How Can I Apply for a Personal Loan Online?

Get up to 40 Lakh in 5 Simple Steps

Step 1: Enter your mobile number in the application form

Step 2: Provide your personal details

Step 3: Enter OTP to verify your mobile number

Step 4: Select the loan purpose and loan amount

Step 5: Compare offers and apply for the best-suited loan

Apply Now

About Nainital Bank Personal Loan

  • Consumers can get Nainital Bank personal loans at affordable interest rates to meet various emergency expenses.
  • Minimal paperwork and no guarantor or collateral is needed to secure these loans.
  • Consumers who apply through Paisabazaar can experience an easy online loan process and end-to-end expert assistance.
  • These personal loans come with flexible repayment terms and can be repaid in easy EMIs. 
  • Nainital Bank personal loans can be foreclosed without any prepayment penalty.

Nainital Bank Personal Loan Highlights

Interest rate 12.00% p.a. onwards
Loan amount Up to Rs. 25 Lakh
Loan tenure 7 years for term loans 12 years for reducing OD
Age Criteria Minimum 21 years and maximum 65 years for salaried & 70 years for others
Processing fee 0.25% of the sanctioned limit, minimum Rs. 1000 and maximum Rs. 5000
Margin Nil
Prepayment Charges Nil on foreclosure of credit facility

Nainital Bank Personal Loan Interest Rates

CIBIL Score Overdraft Term loan
700 and above Or -1 and above 3 12.00% p.a. 12.00% p.a.
Below 700 Or less than 3 12.50% p.a. 12.50% p.a.

Nainital Bank Personal Loan Fees and Charges

Processing fee

Processing fee 0.25% of the sanctioned limit, minimum Rs. 1000 and maximum Rs. 5000

Prepayment/foreclosure charges

Prepayment charges Nil

Other fees and charges

Charges on late EMI payment 2% on unpaid EMI

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All Your Needs

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Nainital Bank Personal Loan Eligibility Criteria

  • Minimum age: 21 years
  • Maximum age: 65 years for salaried 70 years for others
  • Permanent employees of PSU/Government Employee/Companies/Reputed Institution/UGC or AICTE recognised college or university
  • Pensioners of PSU/Government employee/companies/reputed institution/UGC recognised university/retired pensioners of NTB bank
  • Field officer/agents of public sector insurance companies
  • Professionals (doctors, advocates, architects, Chartered Accountants, etc)

Documents Required for Nainital Bank Personal Loan

Nainital Bank has not disclosed the documents required for availing personal loan. The borrower may have to submit basic documents such as the proof of address, age, income, etc, when applying for a personal loan.

How Can I Apply for a Personal Loan Online?

Get up to 40 Lakh in 5 Simple Steps

Step 1: Enter your mobile number in the application form

Step 2: Provide your personal details

Step 3: Enter OTP to verify your mobile number

Step 4: Select the loan purpose and loan amount

Step 5: Compare offers and apply for the best-suited loan

Apply Now

Avail Personal Loan for
All Your Needs

Avail Personal Loan Banner

Avail Personal Loan for
All Your Needs

FAQs

Yes, you can. The requirement to take a loan is having a permanent job with a stable income per month to make sure that you are fully capable of paying your EMIs.

The maximum amount of personal loan that one can get is Rs. 25 lakh.

EMIs (Estimated or Equated Monthly Instalments) can be paid via cheques deposited at the branch of Nainital Bank or via Electronic Clearing System (ECS) or through net banking.

Nainital Bank may reject your application for personal loans if you do not meet the requirements for eligibility. It can be due to your income, profession, age, your credit score (CIBIL score) or your non-payment or inability to repay the loan via EMIs.

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What our customers say

Smooth & hassle-free loan approval experience

I want to express my gratitude for your exceptional support & guidance throughout my loan application process to Aman (EW17239). Your professionalism & clear communication made the journey smooth and manageable. I appreciate how you helped during loan approval & fast-tracked the documentation. It is rare to find someone so committed to their clients. I truly value the effort you put into ensuring a successful outcome. Thanks again for your invaluable help.

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Sanjay Kumar GuptaMar 30, 2026

Exceptional guidance throughout the process

I’d like to express my sincere appreciation for Mr. Aman Kumar (EW32023) for the excellent assistance provided. His professionalism & willingness to help made the experience smooth & pleasant. Aman Kumar demonstrated patience & clarity while addressing queries and ensured that everything was handled efficiently. Such dedication & customer-focused service truly deserve recognition. Please convey my thanks and appreciation to him for his outstanding support.

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Jyotirmoy SinghaMar 23, 2026

Very helpful and easy to reach

I really wants to appreciate Mohankumar Dhandapani for closing my loan requirement in such a short time and nice manner. He is very much approachable helped me based on my requirements. He explained me all the options in very short time even one option failed immediately helped me to get other options worked. Excellent job done by Mohankumar Dhandapani all the best keep you same way approachable you will get more customers. Thanks to Paisabazar too.

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Kirubagaran GanesanFeb 24, 2026

Reliable help when i needed it most

I am writing this email to express my sincere thanks for your excellent support and guidance on Paisabazaar. My experience was very smooth and satisfying because of your help. You explained everything clearly and made the whole process easy and comfortable for me. I truly appreciate your professionalism, patience, and quick response. I am very happy with the service and would definitely recommend to others because of the great support I received from you. Thank you once again

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DharmeshFeb 22, 2026

Committed support that made everything easy

I’d like to appreciate the Paisabazar team for the excellent loan service. I especially want to recognize one of your agents, Mr. Prince Kumar, for his outstanding support. For more than a month, he continuously followed up with me and assisted me. His commitment & professionalism made the experience smooth & hassle-free. I appreciate his efforts and dedication. Kindly acknowledge his performance and consider rewarding such a sincere employee.

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BhupendraFeb 18, 2026

My Trust in Paisabazaar has Increased

I would like to take a moment to share my sincere feedback regarding the support I received from your team. The executive who assisted me was extremely professional, polite, and knowledgeable. They patiently understood my concern, explained the process clearly, and guided me step by step toward the right solution. I truly appreciate the transparency, timely responses, and genuine effort shown to help me.

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Lalit MaviFeb 12, 2026

Best Place for Taking Loans

I contacted customer care with a few queries, and I am very satisfied with the support I received. The representative was polite, patient, and explained everything clearly. My questions were resolved properly, and the overall experience was smooth and helpful. Thank you for the excellent customer service

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Kokil BarnwalFeb 12, 2026

Easy loan approval with good guidance

Thank you for the support provided for getting personal loan approval. During this process I worked with Mr. Aman Bajpai (EW17239) who was co-ordinator for this entire process of Personal loan, I was incredibly impressed by his efficiency and problem-solving skills. He went out of their way to ensure all my questions were answered and that the disbursement timeline stayed on track. His coordination was really appreciable.

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Riyaj AtarFeb 9, 2026

Apne higher education ke liye loan liya tha

Muhje higher education ke liye loan chahiye tha. Paisabazaar pe apply kiya. Got it at the right time. Quite helpful.

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Puja DanuJan 22, 2026

Sabse jada helpful log the yaha

Maine bht jagah try kiya tha personal loan ka, yaha try kiya toh helpful log mille. Har steps mai aram se samjhaya or usse muhje loan lene mai jda dikkat nhi aayi.

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Anuradha GuptaJan 21, 2026
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Vandana Punj
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Shamik Ghosh

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