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Personal Loan in Kolkata

Individuals seeking a personal loan in Kolkata can access loan amounts of up to Rs. 50 lakh, with interest rates starting from 9.98% per annum and repayment tenures of up to 5 years at Paisabazaar, subject to lender-specific eligibility criteria. Paisabazaar offers borrowers a complete digital loan application process, along with loan comparison options, minimal documentation and quick approvals.
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Features of Personal Loan in Kolkata

The features of personal loans in Kolkata are as follows:

  • Loan amount up to Rs. 50 lakh
  • Tenures up to 5 years
  • Interest rates starting from 9.98% p.a.
  • Processing fees up to 3% of the loan amount
  • No need for collateral
  • Minimal documentation
  • Fast approval
  • 100% digital process

Top Lenders for Personal Loan in Kolkata

Kolkata residents looking for a personal loan can consider the following lenders at Paisabazaar:

Bank/NBFCInterest Rates (% p.a.)Processing Fees
Aditya Birla Finance10.99 onwardsUp to 4%
Axis Bank9.99 onwards*Up to 2%
Bank of Baroda10.15-18.00Up to 2% (Max. Rs. 10,000)
Bajaj Finance Limited10.00-30.00Up to 3.93%
Bank of India10.85-16.15Up to 1% (Min. Rs. 250; Max. Rs. 15,000)
Bank of Maharashtra8.75-13.55Up to 1% (Max. Rs. 10,000)
Canara Bank9.70-15.15Up to 0.5% (Max. Rs. 5000)
Central Bank of India9.85-11.65Up to 1%
Cholamandalam IFC10.00-28.004% - 6%
Dhani Loans & Services Ltd.13.99 onwards3% onwards
Federal Bank12.00 - 22.50*Up to 2%
HDB Financial Services10.00 - 35.00Up to 5.90%
HDFC Bank9.99 onwardsUp to Rs 6,500
Hero FincorpUp to 30*2.3% - 3%
HSBC Bank9.75 onwardsUp to 2%
ICICI Bank9.99 onwardsUp to 2%
IDFC FIRST Bank9.99 onwardsUp to 3.5%
IIFL Finance12.00 - 28.002% - 9%
Indian Overseas Bank10.25 onwardsUp to 0.75%
IndusInd Bank10.35 onwards*Up to 3.5%
Kotak Mahindra Bank9.99 onwards*Up to 5%
L&T Finance11.00 onwardsUp to 3%
Mahindra Finance8.00 - 25.002% of loan amount or Rs. 5,000, whichever is lower
Mannapuram Finance18.00 - 24.001% of loan amount
Moneyview14.00 onwards2% onwards
Muthoot Finance13.50 onwardsVaries for each application
Piramal Finance12.14 onwardsUp to 5%
Poonawalla Fincorp9.99 onwardsUp to 3%
Punjab & Sind Bank9.60-13.850.50% - 1%
Punjab National Bank10.25-16.80Up to 1%
Shriram Finance11.00 onwardsUp to 5%
Tata Capital10.99 onwardsUp to 3.5%
UCO Bank9.95 - 13.20Up to 1% (Min. Rs. 750)
Union Bank of India8.75 - 12.55Up 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:

  • Nationality: Indian residents
  • Age:
    • At the time of loan application: Min. 21 years
    • At the time of loan maturity: Max. 65 years
  • Income: Min. Rs. 15,000/month (different for different loan amount)
  • Credit score: 760 and above (preferred)

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:

  • Aadhaar card, PAN card for identification
  • Utility bills, Passport, Aadhaar card for address verification
  • Salary slip of the 6 months as income proof for salaried employees
  • Bank statements of the last 6 months for self-employed applicants
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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.

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What our customers say

Get My Personal loan disbursed

I would like to give a huge shoutout to Munni Nayak from Paisabazaar for her incredible support in helping me get my personal loan disbursed within just a few days. She was extremely cooperative throughout the entire process and demonstrated great knowledge by explaining every step in detail with patience and clarity. I truly appreciate her dedication, professionalism, and the smooth experience she provided. Thank you so much, Munni, for all your help and support!

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Preeti BhattMay 16, 2026

Smooth & hassle-free loan approval experience

I want to express my gratitude for your exceptional support & guidance throughout my loan application process to Aman (EW17239). Your professionalism & clear communication made the journey smooth and manageable. I appreciate how you helped during loan approval & fast-tracked the documentation. It is rare to find someone so committed to their clients. I truly value the effort you put into ensuring a successful outcome. Thanks again for your invaluable help.

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Sanjay Kumar GuptaMar 30, 2026

Exceptional guidance throughout the process

I’d like to express my sincere appreciation for Mr. Aman Kumar (EW32023) for the excellent assistance provided. His professionalism & willingness to help made the experience smooth & pleasant. Aman Kumar demonstrated patience & clarity while addressing queries and ensured that everything was handled efficiently. Such dedication & customer-focused service truly deserve recognition. Please convey my thanks and appreciation to him for his outstanding support.

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Jyotirmoy SinghaMar 23, 2026

Very helpful and easy to reach

I really wants to appreciate Mohankumar Dhandapani for closing my loan requirement in such a short time and nice manner. He is very much approachable helped me based on my requirements. He explained me all the options in very short time even one option failed immediately helped me to get other options worked. Excellent job done by Mohankumar Dhandapani all the best keep you same way approachable you will get more customers. Thanks to Paisabazar too.

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Kirubagaran GanesanFeb 24, 2026

Reliable help when i needed it most

I am writing this email to express my sincere thanks for your excellent support and guidance on Paisabazaar. My experience was very smooth and satisfying because of your help. You explained everything clearly and made the whole process easy and comfortable for me. I truly appreciate your professionalism, patience, and quick response. I am very happy with the service and would definitely recommend to others because of the great support I received from you. Thank you once again

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DharmeshFeb 22, 2026

Committed support that made everything easy

I’d like to appreciate the Paisabazar team for the excellent loan service. I especially want to recognize one of your agents, Mr. Prince Kumar, for his outstanding support. For more than a month, he continuously followed up with me and assisted me. His commitment & professionalism made the experience smooth & hassle-free. I appreciate his efforts and dedication. Kindly acknowledge his performance and consider rewarding such a sincere employee.

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BhupendraFeb 18, 2026

My Trust in Paisabazaar has Increased

I would like to take a moment to share my sincere feedback regarding the support I received from your team. The executive who assisted me was extremely professional, polite, and knowledgeable. They patiently understood my concern, explained the process clearly, and guided me step by step toward the right solution. I truly appreciate the transparency, timely responses, and genuine effort shown to help me.

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Lalit MaviFeb 12, 2026

Best Place for Taking Loans

I contacted customer care with a few queries, and I am very satisfied with the support I received. The representative was polite, patient, and explained everything clearly. My questions were resolved properly, and the overall experience was smooth and helpful. Thank you for the excellent customer service

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Kokil BarnwalFeb 12, 2026

Easy loan approval with good guidance

Thank you for the support provided for getting personal loan approval. During this process I worked with Mr. Aman Bajpai (EW17239) who was co-ordinator for this entire process of Personal loan, I was incredibly impressed by his efficiency and problem-solving skills. He went out of their way to ensure all my questions were answered and that the disbursement timeline stayed on track. His coordination was really appreciable.

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Riyaj AtarFeb 9, 2026

Apne higher education ke liye loan liya tha

Muhje higher education ke liye loan chahiye tha. Paisabazaar pe apply kiya. Got it at the right time. Quite helpful.

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Puja DanuJan 22, 2026
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Shamik Ghosh

Paisabazaar 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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