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Nainital Bank Personal Loan

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Simple Online Application Process

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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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4.2/5

2839 Reviews

51M+Satisfied Customers
65+Lending Partners
800+Cities across India

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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 Fee₹ 6,500
Axis Bank
Low Processing fee
Max. Loan Amt.Upto ₹25L
Rate of Interest9.99% - 17.15%
Tenure uptoUpto 6 Years
Processing FeeUpto 2%
Kotak Mahindra Bank
Lowest Income requirement100% Digital Process*
Max. Loan Amt.Upto ₹25L
Rate of Interest9.98% - 17.2%
Tenure upto1-5 Years
Processing Fee1.1% - 1.5%

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Compare & Choose the Best Offer

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Pre-approved Offers with Instant Disbursals

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Know Your Chances of Approval

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End-to-End Digital Process

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

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.

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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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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

Explore Our Nainital Bank Lenders

HDFC BANKHDFC BANKAxis BankAxis BankKotak Mahindra BankKotak Mahindra BankICICI BankICICI BankFederal BankFederal BankIDFC First BankIDFC First BankIndusind BankIndusind BankRBL BankRBL BankTata CapitalTata Capital
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All Your Needs

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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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Instant Personal Loan Apps: Avoid These 5 Pitfalls

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Reasons for Delay in Personal Loan Processing

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APR vs Interest Rate in Personal Loans: What’s the Difference?

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Tips to Choose an Ideal Personal Loan Tenure

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What our customers say

Loan from Paisabazaar was actually paperless

I always used to think that the paperless loan is a myth. But on Paisabazaar, I applied for the pre approved loan from IDFC Bank and all documentation was already done. I just filled the form, did kyc and my loan was approved and disbuursed one the same day.

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Tanmay BorkatakiDec 12, 2025

Best place for a small loan

I have take loan of 60-70000 three times from paisabazaar in 4 years and every time it has been a very good experience. They provide the loan without failure and have also helped me improve my cibil.

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Aridaman Singh ParhichaDec 11, 2025

My loan got approved immediately

I wanted a loan and I was able to get it approved through Paisabazaar. It was instantaneous and I got the amount in my account in 2 days only.

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Priyam Sarkar MajumdarDec 10, 2025

I get loan from here

I get loan from Paisabazaar here and it is very quickly given to me.

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Bilal ZaidiDec 9, 2025

Excellant EMI calculator and expert assistance available

The EMI calculator helped me choose the right repayment plan. Clear guidance at every step made the loan process really easy.

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Mohit YadavDec 3, 2025

Fully Digital Process for Real.

Loved the real-time loan status updates.Everything was handled online — didn’t have to visit any branch.

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Gautam BakshiDec 3, 2025

Lower Rate than My Own Bank

Got a lower interest rate than my bank was offering.Smooth digital verification and quick disbursal.

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Shivani SuryaDec 3, 2025

Pre-approved offers with quick approval

I liked how Paisabazaar showed pre-approved offers without affecting my credit score. Customer support was prompt and helped me close the loan quickly.

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Suraj VermaDec 3, 2025

Same day approval. wow.

The loan was approved the same day — super smooth and transparent process.

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Shiv KumarDec 3, 2025

Best Loan Terms on My Credit Score in the Market

Paisabazaar helped me get a loan even with a borderline credit score. Really impressed with how smooth everything was.

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