The features of personal loans in Kolkata are as follows:
Personal Loan in Kolkata

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Features of Personal Loan in Kolkata
Top Lenders for Personal Loan in Kolkata
Kolkata residents looking for a personal loan can consider the following lenders at Paisabazaar:
| Bank/NBFC | Interest Rates (% p.a.) | Processing Fees |
|---|---|---|
| Aditya Birla Finance | 10.99 onwards | Up to 4% |
| Axis Bank | 9.99 onwards* | Up to 2% |
| Bank of Baroda | 10.15-18.00 | Up to 2% (Max. Rs. 10,000) |
| Bajaj Finance Limited | 10.00-30.00 | Up to 3.93% |
| Bank of India | 10.85-16.15 | Up to 1% (Min. Rs. 250; Max. Rs. 15,000) |
| Bank of Maharashtra | 8.75-13.55 | Up to 1% (Max. Rs. 10,000) |
| Canara Bank | 9.70-15.15 | Up to 0.5% (Max. Rs. 5000) |
| Central Bank of India | 9.85-11.65 | Up to 1% |
| Cholamandalam IFC | 10.00-28.00 | 4% - 6% |
| Dhani Loans & Services Ltd. | 13.99 onwards | 3% onwards |
| Federal Bank | 12.00 - 22.50* | Up to 2% |
| HDB Financial Services | 10.00 - 35.00 | Up to 5.90% |
| HDFC Bank | 9.99 onwards | Up to Rs 6,500 |
| Hero Fincorp | Up to 30* | 2.3% - 3% |
| HSBC Bank | 9.75 onwards | Up to 2% |
| ICICI Bank | 9.99 onwards | Up to 2% |
| IDFC FIRST Bank | 9.99 onwards | Up to 3.5% |
| IIFL Finance | 12.00 - 28.00 | 2% - 9% |
| Indian Overseas Bank | 10.25 onwards | Up to 0.75% |
| IndusInd Bank | 10.35 onwards* | Up to 3.5% |
| Kotak Mahindra Bank | 9.99 onwards* | Up to 5% |
| L&T Finance | 11.00 onwards | Up to 3% |
| Mahindra Finance | 8.00 - 25.00 | 2% of loan amount or Rs. 5,000, whichever is lower |
| Mannapuram Finance | 18.00 - 24.00 | 1% of loan amount |
| Moneyview | 14.00 onwards | 2% onwards |
| Muthoot Finance | 13.50 onwards | Varies for each application |
| Piramal Finance | 12.14 onwards | Up to 5% |
| Poonawalla Fincorp | 9.99 onwards | Up to 3% |
| Punjab & Sind Bank | 9.60-13.85 | 0.50% - 1% |
| Punjab National Bank | 10.25-16.80 | Up to 1% |
| Shriram Finance | 11.00 onwards | Up to 5% |
| Tata Capital | 10.99 onwards | Up to 3.5% |
| UCO Bank | 9.95 - 13.20 | Up to 1% (Min. Rs. 750) |
| Union Bank of India | 8.75 - 12.55 | Up to 1% (Max. Rs. 7,500) |
*Paisabazaar special rates
Note: Rates as of 3rd Aug 2026
Personal Loan Eligibility in Kolkata
Lenders require applicants to meet their eligibility criteria for loan approval. The commonly set eligibility criteria by lenders are mentioned below:
Instant Personal Loan in Kolkata
Applicants with an excellent credit score can check for pre-approved offers on Paisabazaar and get an instant personal loan. Pre-approved offers are extended to select customers by lenders based on their credit history and banking relationship. Usually, these offers require zero documentation, ensuring instant disbursal of funds.
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Personal Loan for Self-Employed in Kolkata
Self-employed professionals can also avail personal loans in Kolkata. A few loan options offered by top lenders are mentioned below:
Personal Loans for Self-Employed by DBS Bank
- Loan amount up to Rs. 15 lakh
- Interest rate starting from 10.99% p.a.
Instant Loan for Self-Employed by IDFC FIRST Bank
- Loan amount up to Rs. 10 lakh
- Interest rate starting from 9.99% p.a.
Personal Loan for Self-Employed Professionals by ICICI Bank
- Loan amount up to Rs. 50 lakh
- Interest rate starting from 9.99% p.a.
EMI Calculator
Applicants should use a personal loan EMI calculator before applying for a personal loan to make a well-informed decision. The EMI calculator helps in understanding the best combination of loan amount, tenure and interest rate as per the repayment capacity of the applicant.
To use a personal loan EMI calculator, applicants can head to Paisabazaar’s personal loan EMI calculator page and enter the required details to get instant results.
Documents Required for Personal Loan in Kolkata
The commonly asked documents by lenders for personal loans in Kolkata are as follows:
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FAQs
Which bank gives the best personal loan in Kolkata 2026?
To get the best personal loan in Kolkata, you can visit Paisabazaar’s app or website and compare personal loan offers from top lenders to choose the best-suited one.
What is the minimum salary for a personal loan in Kolkata?
Applicants with a salary of Rs. 15.000 per month can qualify for a personal loan in Kolkata. However, the income may vary across different loan amounts and lenders.
Is a personal loan available for West Bengal Govt. employees?
Yes, West Bengal Government employees can apply for the various personal loan schemes offered by lenders across the country.
Can I get an instant personal loan in Kolkata today?
If you qualify for a pre-approved personal loan, you can get funds in your account disbursed instantly.
What CIBIL score is needed for a personal loan in Kolkata?
A CIBIL score of 760 and above is preferred by lenders in Kolkata for a personal loan.
Can self-employed traders in Kolkata get personal loans?
Yes, self-employed traders can apply for a personal loan. Additionally, they can also explore options, including unsecured business loans, letter of credit, etc.
Is UCO Bank or SBI better for personal loan in Kolkata?
The answer to which bank is better depends on your needs. To choose the best lender, applicants need to compare their loan offers and decide accordingly.
How to apply for a personal loan in Kolkata without visiting the branch?
Borrowers can visit Paisabazaar to apply for personal loans online in Kolkata without visiting the branch.
What is the maximum loan amount in Kolkata?
Borrowers can get a maximum personal loan amount of Rs. 50 lakh in Kolkata.
Is there any personal loan scheme for small business owners in Kolkata?
While small business owners can apply for a personal loan, an unsecured business loan can be a better option for them. They can apply for a business loan at Paisabazaar.
Personal Loan Articles
View All ArticlesPaisabazaar is a loan aggregator and is authorized to provide services on behalf of its partners.
The APR (Annual Percentage Rate) of a personal loan is its annualised cost of borrowing, which includes the interest rate as well as the processing fees, documentation fees and other fees charged during the loan origination. The APR is expressed in the form of a percentage and thus, allows personal loan applicants to detect personal loan schemes offered at lower interest rates but with higher processing fees and/or other charges.
The APR of personal loans usually ranges between 11.29% to 35%. For example, assume that you have availed a personal loan of Rs. 5 lakhs @ 10.50% p.a. with a repayment tenure of 5 years. The processing fee charged for this loan is 1.5% of the loan amount, which amounts to Rs 7,500. Therefore, the total borrowing cost of your personal loan will be Rs 1,52,317 and its APR will be 11.16%.
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Get up to ₹50 Lakhs starting at 9.99%*
Get up to ₹50 Lakhs starting at 9.99%*







