Personal Loans in Agartala

  • Bajaj Finance
  • ICICI Bank
  • INDUSIND Bank
  • FULLERTON
  • IDFC
5.0 / 5 (5 Reviews)

Why apply through CreditMantri

Quick and easy approval for Personal Loans in Agartala CreditMantri matches your credit and demographic profile to lender's Personal Loan lending criteria - others just match your demographic criteria. We shortlist lenders willing to lend to you Personal Loans in Agartala, based on our proprietary matching algorithm.

In effect, we pre-screen your application to make sure you are likely to qualify as per the lender’s credit criteria. We upfront check whether you qualify for Personal Loan in Agartala Hence the chances of your Personal Loan application getting approved is higher. We even try our best to help people with low CIBIL Score, get a Personal Loan in Agartala.

max tenure

5 yrs

processing fee

0.5%*

best rate

12.99%*

  • Maximum loan - 20 lakhs
  • Attractive Interest Rates
  • Quick and easy approval process
  • Balance transfer on existing personal loan
  • Interest rate - 12.99% to 23%
  • Processing fee - 0.50% to 2.50% of loan amount
  • KYC – ID proof, DOB Proof, Signature proof & Address proof
  • Bank Statements
  • Residence stability proof
  • Employment stability proof
  • Latest 3 month salary slips / Form-16 / Appointment letter

max tenure

5 yrs

processing fee

2.25%

best rate

14.75%

  • Maximum loan - 25 lakhs
  • 5-minute online personal loan approval and cash in bank in 72 hours
  • Interest rate - 12% to 15%
  • Processing fee - 2.25% to 3% of loan amount
  • Per bounced cheque - 1000/- and 2% penal interest per month
  • Secure fee - 999/- for instant approval online
  • Online application, Employee ID card
  • ID proof (any one) - PAN,Passport,Driver's license, Voter ID
  • Address proof (any one) - Passport, Driver's license, Ration card, Mobile bill, Letter from employer
  • Signature proof (any one) - Passport, PAN, Driver's license, Photo credit card, Letter from bank verifying signature
  • Work experience documents - Appointment letter, Form 16, 1 yr old salary slip, same for previous employment

max tenure

5 yrs*

processing fee

999₹*

best rate

11.49%*

  • Maximum loan - 20 lakhs (salaried)
  • Maximum loan - 30 lakhs (self employed)
  • Fixed interest rate
  • Direct credit of the loan amount through Fund Transfer (FT)
  • Simple repayment options such as ECS, AD or PDC
  • Interest rate - 13% to 18%
  • Processing fee - Up to 2.5% of loan amount
  • Application form with 2 photographs , Processing fee cheque
  • ID proof (any one) - PAN,Passport,Driver's license, Voter ID
  • Address proof (any one) - Passport,Utility bill, Lease agreement
  • Salaried - Salary slip for 3 months, bank statement with salary credit
  • Self employed - Office address proof, audited financials for last 2 yrs and latest 6 months balance sheet

max tenure

4 yrs

processing fee

2%

best rate

17.25% *

  • Personal Loan up to 20 lacs.
  • Easy Repayment over 12 to 48 months.
  • Quick and easy approval process
  • Balance transfer of an existing Personal loan
  • Interest Rate: 17.25% onwards
  • Processing Fee: 2% onwards
  • Application form with a recent photograph
  • ID Proof - Passport Copy/ Voter ID card/ Driving License/ PAN Card
  • Address Proof - Ration card/ Telephone Bill/ Electricity Bill/ Rental agreement / Passport copy/ Bank Passbook or Statement/Driving License
  • Age proof - PAN Card, Passport, any other certificate from a statutory authority
  • Bank Statements (Bank statement / Bank Passbook for last 6 months) OR Last 3 months’ salary slip
  • Form 16
  • Income Tax Returns for last 3 years
  • Processing fee cheque
  • Previous 2 years’ experience letter without any gap (if current work experience < 1 year)

max tenure

5 yrs

processing fee

2%

best rate

15%

  • Ability to save on interest
  • Quick and transparent processing
  • Customized loan as per your requirement
  • Simpler documentation
  • Interest Rate – 15%
  • Processing Fees - 2%
  • PAN Card
  • Address Proof -Any one of Aadhaar/Driving licence/Passport/Voter ID/NREGA Card
  • Age Proof
  • Last 3 months’ salary slips
  • Last 6 months’ bank statement

How to Get a Personal Loan in Agartala

Do you live in Agartala? Are you looking for a suitable personal loan and wondering what your options are? Read on!

What is a Personal Loan?

A personal loan is an unsecured loan, meaning it is sanctioned without the customer providing any collateral or security. Thus, the interest rates of personal loans tend to be on the higher side, making it one of the costliest loans in the market.

The end use of the loan could be anything—it has complete flexibility of end use—unlike many other kinds of loan. The borrower has full freedom to use the money for any purpose they want – for example, take a vacation, fund a child’s wedding, medical emergency purposes, expansion of business, etc. Some lenders offer personal loan for people with low credit score, though on very unfavorable terms and conditions - like a very high interest rate.

Personal Loan in Agartala

Almost all major banks and NBFCs offer personal loans in Agartala. Many banks and lenders allow you to apply for a loan online, even if they do not have a presence in Agartala. With a personal loan, you have the freedom to use the money in any way you want.

A personal loan in Agartala also doesn’t require any collateral (this may depend on your creditworthiness—a few banks might ask for a guarantor, or a token security of some sort). But mostly, banks offer personal loan in Agartala without any collateral / security, meaning you are not required to provide any security to the lender in the form of cash, shares or any other assets. This might make it more attractive to some customers who may not be able to raise the cash required as collateral.

Eligibility for Personal Loan in Agartala:

  • Age criteria: The applicant’s age should ideally be between 21 years to 65 years.
  • Salaried, self-employed, and business professionals are eligible to apply.
  • Minimum salary for salaried people should be at Rs. 15,000. The salary bracket depends on what tier of city you live in and the company you work for.
  • Should be staying in the same address / city for at least 1 Year
  • Total work experience should be at least 2 Years

Documents Required for Personal Loans in Agartala

For salaried / self-employed professionals:

The documents required is pretty basic: Address proof, identity proof, 6 months / 3 months bank statements etc. For professionals, your degree certificate might be requested for. Following are an overview of the documents generally asked while applying for a personal loan in Agartala:

  • Valid Identity Proof - Passport, Driving License, Voter ID Card, Aadhar Card, PAN Card (any one document to be submitted)
  • Valid Address Proof – Lease/Rent Agreement, Passport, Driving License, Ration Card, Utility bill (not more than 3 months old), Bank Statement
  • Income Proof Documents – Latest 6 months salary slip and latest Form 16
  • Bank Statements: Past 6 months bank statement with salary credit
  • Any other documents as directed by the Bank or NBFC

Personal Loan in Agartala With Low Interest

Banks, NBFCs and other finance companies offer personal loans at competitive interest rates if you have a very good CIBIL score. The lowest interest rate for personal loan in Agartala could range anywhere from 11% p.a. and can go up to as high as 30% p.a. or higher depending on your credit score and other factors.

Personal Loan in Agartala FAQS

Where can I apply for a personal loan in Agartala?

Banks and NBFCs like HDFC, ICICI, CitiBank, SBI and so on offer personal loans wherever you live in India.

Are NRIs eligible to apply for a personal loan in India?

Yes, but the banks will have rules and regulations pertaining to NRIs. It is best to contact the bank directly before applying.

Who can apply for personal loan?

Salaried individuals, self-employed professionals and business people can apply for personal loan.

How much loan amount can one borrow?

How much you can borrow depends on your net annual income, existing loan obligations, the company you work for, your repayment capacity and other parameters.

What are the tenure options available?

Convenient repayment options are available with tenure generally ranging from 12 to 60 months.

How will I repay my Personal Loan?

You can repay your loan in a convenient, easy, and hassle-free way through EMIs.

What is EMI?

EMI is Equated Monthly Instalment. It is the amount which you will be paying on a monthly basis to repay your personal loan amount over a stipulated period of time.

How do I calculate EMI?

You can use any online Personal Loan EMI Calculator to calculate the EMI that you might be paying each month towards the loan. To use the online calculator, you will have to input the following:

  • Loan amount
  • Flat rate of interest
  • Tenure (in months)

You will get the resulting (approximate) EMI amount which you must pay each month towards servicing the loan. You can also use CreditMantri’s handy calculator in order to plan your finances and decide what kind of loan you can afford.

What are the options through which I can pay my EMIs?

EMI can be paid through the following easy options:

  • Through postdated cheques
  • Through ECS facility, Standing Instruction to debit your Bank account.

I need cash as soon as possible. How long will it take for my Personal loan to be approved?

Once you have submitted the completely filled in application form with all the required documents, it generally takes approximately 10 working days for the bank or NBFC to notify you about the loan decision.

Do I need to pledge collateral or security in order to avail a Personal Loan?

Generally, you do not need to pledge any collateral or security for availing a Personal Loan.

Is there an option to prepay my Personal Loan earlier? What are the charges associated with it?

Generally, you can prepay the Personal Loan after having paid 6 EMIs with the applicable pre-closure charges.

How to apply for Personal loan in Agartala:

You can apply directly online at the bank/ NBFC's website;

You can go in person to the branch to apply for a loan;

Need help? Alternatively, if you think you need help with your loan application process and advice on loan eligibility, CreditMantri can guide you and match you with the loan offer that best suits your profile.