Personal Loan Interest Rates of Top Banks/NBFCs in Gurgaon
Banks/NBFCs | Interest Rates(p.a.) | |
HDFC Bank | 11.00% onwards | Apply Now |
SBI | 10.10%-14.60% | |
ICICI Bank | 10.50% onwards | Apply Now |
Axis Bank | 10.25% onwards | Apply Now |
Kotak Mahindra Bank | 10.99% onwards | Apply Now |
IndusInd Bank | 10.49% onwards | Apply Now |
IDFC First Bank | 10.49% - 25.00% | Apply Now |
Bajaj Finserv | 13.00% onwards | Apply Now |
Tata Capital | 10.99% onwards | Apply Now |
EMI Calculator
EMI Calculator
₹
%
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 at Attractive Interest Rates Apply Now
Personal Loan Features
- Interest rates starting from 10.25% p.a. (through Paisabazaar.com)
- Loan amount of up to Rs 40 lakh or more depending on the applicant’s credit profile and the lenders’ policy
- Quick loan processing and disbursal
- No restriction on the end-usage of the loan proceeds except for speculation
- No requirement for collateral/security
- Loan tenure usually goes up to 60 months
- Minimal documentation
Personal Loan Eligibility
- Age: 18 years to 60 years.
- Credit Score: Lenders usually prefer to lend to those having credit scores of 750 and above.
- Minimum income for salaried applicants: Usually Rs 15,000 per month, but can be lower too depending on the lenders.
- Minimum income for self-employed applicants: Usually Rs 5 lakh p.a., but can be lower for some lenders.
Documents Required For Personal Loan
The basic documents required by the bank for a personal loan are:
Address proof:
- Aadhaar Card
- Bank Account Statement
- Property Purchase/ Lease Agreement,
- Utility Bill (not more than 3 months old)
- Passport
- Driving License
Income Proof (for salaried):
- Salary Slips
- Bank Account Statement
- Form 16
- Income Proof (for self-employed):
- Previous Years’ ITR
- P&L Statement
- Balance Sheet
- Bank Account Statement
Business Proof:
- Certificate of Practice
- Partnership Deed
- GST Registration and Filing Documents
- MOA & AOA
- Shop Act License
If required, the bank may ask for additional documents from an individual.