Personal Loan Interest Rates of Top Banks/NBFCs in Ahmedabad
| Banks/NBFCs | Interest Rates(p.a.) | |
| HDFC Bank | 10.50% onwards | Apply Now |
| SBI | 11.00%-15.00% | |
| ICICI Bank | 10.75% onwards | Apply Now |
| Axis Bank | 10.49% onwards | Apply Now |
| Kotak Mahindra Bank | 10.99% onwards | Apply Now |
| IndusInd Bank | 10.49% onwards | Apply Now |
| IDFC First Bank | 10.49% onwards | Apply Now |
| Bajaj Finserv | 11.00% onwards | Apply Now |
| Tata Capital | 10.99% onwards | Apply Now |
Note: Rates as of 20th March 2023
EMI Calculator
EMI Calculator
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%
Year(s)
EMI Calculator
Monthly EMI ₹ 15,622
Total Amount Payble ₹ 5,62,395(Principal + interest)
Principal Amount ₹ 5,00,000
Total Interest Payble ₹ 62,395
Personal Loan Features
- Interest rates usually start @ 10.49% p.a. for personal loans in Ahmedabad
- Loan tenure usually range up to 5 years. Some banks/NBFCs might sanction loans for up to 7 years
- Loan Amount- Up to Rs 40 lakh
- Pre-approved personal loans are offered to select customers
- No collateral security required
- No end usage restriction, other than speculation
- Processing Fees- Up to 4%
- Instant loan disbursal is offered by some banks/NBFCs
Also Get: Top 15 NBFCs in India Offering Personal Loans at Low Rates
Income Requirements
Minimum Monthly Income required: Rs 15,000; can be higher for some lenders
Eligibility for Personal Loan in Ahmedabad
- Minimum Age: 21 years at the time of loan application
- Maximum Age: 70 years at the time of loan maturity
- Nationality: Resident Indian
- Credit Score: 750 and above for better chances of availing personal loan and at lower interest rates
- Job profiles: Salaried, self-employed professionals and self-employed non-professionals, public and private sector employees, employees of State/Central/Local government
Documents Required for Personal Loan in Ahmedabad
- Filled application form with photographs
- Identity Proof- PAN Card/ Voter ID/ Driving License/Aadhaar Card/ Passport
- Address Proof- Aadhar Card/copy of ration card /Voter ID/Driving License/ Passport/electricity bills /gas connection bills
- Age Proof- Aadhar Card/Birth Certificate/SSC Certificate/Voter ID/PAN Card
- ITR/ Form 16 for past 3 years
- Last 3 months’ salary slips
- Last 6 months’ bank account statement