Personal Loan in Bangalore

As India’s IT hub, Bengaluru comes with a fast-paced life & expenses—be it for travel or a personal projects. Apply for personal loan in Bengaluru of up to Rs 40 lakh on Paisabazaar at an interest rate of 9.98% p.a. onwards. Also, check pre-approved offers based on your credit profile, with instant disbursal.

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Paisabazaar Exclusive Benefits

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Wide Choice

Curated offers from 30+ lenders

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Quick Disbursal

Money in your account instantly

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SmartMatch

Offers ranked according to eligibility

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Digital Process

Hassle-free & paperless

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Find Best Personal Loan Offers

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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
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%
Why Choose Paisabazaar?
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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

In Bangalore, personal loans are easily accessible through:

  • Digital lending platforms and fintech apps often provide faster approval and disbursal (sometimes within 24 to 48 hours) but usually at higher interest rates.
  • Banks and NBFCs offer both online and branch-based loan services.

Digital platforms are generally preferred for their paperless and hassle-free process, while banks and NBFCs may provide better deals for existing customers or those with strong credit profiles.

Why Choose Paisabazaar?

  • One-stop platform to compare offers from top banks and NBFCs, including HDFC, ICICI, Axis, IndusInd, Tata Capital, etc.
  • Instant eligibility check and personalized loan offers based on credit profile.
  • Free credit score check.
  • Paperless application and digital processing support.
  • Pre-approved loan offers with instant disbursals.

How much loan amount can you get, and at what interest rates

Personal loan amounts in Bangalore usually range from Rs 50,000 to Rs 40 lakh, depending on the lender and your eligibility.

The personal loan interest rates in Bangalore vary widely based on several factors:

  • Applicants with scores of 750+ usually get lower rates as they are viewed as financially disciplined.
  • Applicants having higher monthly incomes can get a loan at lower interest rates, as it reduces default risk for the lenders.
  • Salaried employees, especially those working in government/PSU/MNC, may get preferential interest rates due to their stable income.
  • Lenders may offer lower personal loan rates or pre-approved instant loans to their existing customers.
  • Applicants with frequent job changes have lower chances of approval or may get loan at higher interest rates as they are considered to carry higher credit risk.

What documents are required for Personal loan approval in Bangalore

General personal loan documents

  • PAN card and Aadhaar card
  • Salary slips for the last 3 to 6 months
  • Bank statements for the last 3 to 6 months
  • Employment proof, such as an office ID or an offer letter

Digital Document Processing

Many lenders offer digital KYC (e-KYC) processes for digital personal loans, making documentation entirely paperless.

No documentation for Pre-Approved Loans

In the case of pre-approved personal loans, lenders usually do not require fresh documentation as they already have the necessary KYC documents for their existing customers.

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How to choose the right lender?

Compare offers from multiple lenders, including banks and NBFCs, to find the best deal. Key factors to compare:

  • Interest rates and processing fees: Compare the total cost, not just the interest rate.
  • Prepayment and foreclosure charges: Check if the lender allows part-payments or foreclosure and at what charges.
  • Loan tenure flexibility: Look for lenders offering flexible repayment terms that suit your repayment capacity.
  • Customer service and after-loan support: This can save you hassle in the long term, especially for balance transfers or prepayments.
  • Digital experience: For ease of online application and hassle-free process.
  • Approval Speed & Disbursal Time: If you need funds urgently, consider lenders with digital processing or instant loan options.

Key Takeaways for Bangalore Borrowers

For someone in Bangalore, a personal loan is easily accessible, but an informed approach can help avoid hidden charges, high-interest rates, and unnecessary hassle.

  • Check your credit score before applying; this affects both approval chances and interest rates.
  • Never fall for instant loan traps from unknown apps.
  • Negotiate where possible, especially if the borrower has an existing relationship with the bank.

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

Avail Personal Loan For
All Your Needs

Avail Personal Loan Banner

FAQs

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What our customers say

Highly recommended platform

I applied for a personal loan for medical emergency through Paisabazaar and got amazing service like nowhere else. The team was extremely cooperative and followed up with me until I had my loan amount in my account. My loan was disbursed within 24 hours. It is indeed an excellent platform for taking loans.

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Sunil YadavOct 29, 2025

Instant loan disbursal

I applied for a personal loan through Paisabazaar and got my loan disbursed in no less than 24 hours. The team was extremely cooperative, guided me through the entire process and followed up with me until I had my loan amount in my account. I highly recommend this platform to everyone looking for an urgent loan.

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Neha JainOct 29, 2025

Excellent platform

Excellent platform for personal loan comparison! Their EMI calculator helped me pick the best tenure & my monthly emi.

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Manish KumarOct 23, 2025

Got personal loan instant

I was a medical emergency &amp; need funds instantly I applied for loan at Paisabazaar &amp; see I have a pre approved offers &amp; apply to it &amp; amount disbursed in 48 hours thanks to paisabazaar teams

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Mansi SharmaOct 17, 2025

Got loan yesterday

I got a loan of 2 lakh from Paisabazaar. Until now, I didn&#x27;t know that it was so easy to get loan through Paisabazaar. They helped me with all documents and process and my loan was sanctioned yesterday itself.

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Priyanka SharmaOct 15, 2025

Got personal loan in a few minutes

I had pre-approved offers. When I applied through Paisabazaar, I got my personal loan approved within a few minutes. The process was very hassle-free and the team was extremely cooperative.

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Preeti SinghSep 26, 2025

Cibil kam tha fir bhi loan dila diya

Mera cibil kam tha fir bhi paisabazaar walo ne loan dila diya mujhe jo bohot jaruri tha.

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Pawan SehrawatSep 25, 2025

Personal loan quick approved

My personal loan was quick approved on Paisabazaar. Everything was online and I was not required to submit any more documents.

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Vivaan ShahSep 24, 2025

Loan Approved in on day

I confused between HDFC & Axis personal loans, but Paisabazaar showed me all the offers side by side. I apply in 10 minutes and got approval the next day!

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Rahul MehtaSep 23, 2025

Personal loan mila yahaan se

Mujhko personal loan mila yahaan se bina koi dikkat hue. Maine toh online apply kiya aur 3 lakh ka loan mila 2 saal ke liye.

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Pankaj SinhaSep 22, 2025
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