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Max Tenure

24 to 48 Months.

Best Rate

11% P.A

Processing Fee

2.25%

View Details

Features

  • 100% Online Process.
  • No Foreclosure Charges.

Pricing

  • Interest rate: 0.92% P.M.
  • Processing fee: Upto 2.25%

Documents Required

  • ID Proof.
  • Address Proof.
  • Bank Account Details with E-Mandate Facility.

Your application will be subjected to Bureau Enquiry.

Max Tenure

6 - 36 Months.

Best Rate

14.04% P.A

Processing Fee

4%

View Details

Features

  • Lower Interest Rates.
  • 100% Online Process.
  • Minimal documentation.

Pricing

  • Interest rate: 1.17% P.M.
  • Processing Fees: From 4%

Documents Required

    Documents Required - Salaried
  • ID Proof.
  • Address Proof.
  • Income proof (Latest 2 salary slips & Last 3 months'bank statement).
  • Form 16/ITR.

Max Tenure

2 yrs

Best Rate

18%

Processing Fee

3-4%

View Details

Features

  • Complete Online Process
  • Minimal Documentation
  • Faster Disbursal

Pricing

  • Processing Fee - 3 to 4 % of Loan Amount
  • Interest Rate Starting at - 18%

Documents Required

  • Proof of identity and proof od address - (Pan Card and AadharCard)
  • Proof of income - Salary Bank Statement

Max Tenure

12-72 Months.

Best Rate

12% P.A.

Processing Fee

1.0%

View Details

Features

  • Hassle free Process.
  • Flexibility of Repayment.
  • No end use requirement.

Pricing

  • Interest Rate: 0.92% p.m.
  • Processing Fee: Upto 2.50%

Documents Required

  • Income Proof (Latest 3 salary slips).

Max Tenure

12 - 60 Months.

Best Rate

12.96% P.A

Processing Fee

2.5%

View Details

Features

  • Quick loan processing.
  • Minimal documentation.
  • Affordable Rates & Charges.

Pricing

  • Intrest Rate-1.08% p.m.
  • Processing Fee - From 2 - 3.5%.

Documents Required

  • ID Proof.
  • Address proof.
  • Income proof (Latest 2 salary slips & Last 3 months'bank statement).
  • From 16/ITR.

Max Tenure

3 - 60 Months

Best Rate

16% P.A.

Processing Fee

2% - 5%

View Details

Features

  • Choice based loan offers available - Bureau Based & Banking Based
  • ROI & Tenure will differ basis the loan offer chosen
  • Disbursement within 24-28 Hours
  • Complete Digital Loan Process
  • No Income Documents Required

Pricing

  • Interest rate: 1.33% P.M.
  • Processing Fee: 2% - 5%

Documents Required

  • Proof Of Identity & Proof of Address
  • Bureau Based Offer - No Income Documents
  • Banking Based Offer - Last 3 Month Bank Statements

Upon applying you provide Incred to pull your bureau Details to check the loan eligibility.

Max Tenure

12-72Months

Best Rate

11.04% P.A.

Processing Fee

3%

View Details

Features

  • Loan upto 35 Lakhs
  • Flexible Tenures upto 6 years
  • Faster Loan Process

Pricing

  • Interest rate: From 0.92 P.M.
  • Processing fee: 1% to 3%

Documents Required

  • Last 3 Months Payslips
  • Last 6 Months Bank Statements
  • Proof Of Identity (Voter ID,Passport,Driving License,Aadhar Card)
  • Proof Of Address (Ration Card, Electricity Bill, Passport)
  • Proof Of Employment & Ownership - If Required

Loan Amount

1_5L

Max Tenure

36 Months.

Best Rate

Nil*

Processing Fee

Nil*

View Details

Features

  • Quick loan processing.
  • Minimal documentation.
  • Min Eligiblity Criteria.

Pricing

  • Interest rate - 20% to 36% P.A.
  • Processing fee - From 2.5%.

Documents Required

  • ID Proof.
  • Address Proof.
  • Salary slip and appoinment Letter (for amber Customers).
  • Income proof (3 Months BS )

Max Tenure

12 - 72 Months.

Best Rate

11.04% P.A.

Processing Fee

2.50%

View Details

Features

  • Minimal Documentation.
  • Hassle Free Process.
  • Quick loan processing.

Pricing

  • Interest Rate: 0.92% P.M.
  • Processing fee: 2.50%

Documents Required

Max Tenure

2 - 60 months

Best Rate

15.96% P.A.

Processing Fee

2%

View Details

Features

  • Disbursal in 116 seconds.
  • No foreclosure charges
  • 100% Online Process

Pricing

  • Interest rate: 1.33% P.M.
  • Processing fee: From Rs. 399 upto 2% on Loan amount

Documents Required

  • ID Proof.
  • Address Proof.
  • Income proof (Salary slip,bank statement).

By agreeing and accepting the terms and conditions set out herein, you provide your express consent to Social Worth Technologies Private Limited to access the credit bureaus and credit information report and credit score. You also hereby irrevocably and unconditionally consent to the usage of such credit information being provided by credit bureaus.

Max Tenure

12 - 60 Months.

Best Rate

12.96% P.A.

Processing Fee

1%

View Details

Features

  • Minimal Documentation.
  • Quick loan Processing.
  • Balance Transfer Facility.

Pricing

  • Interest rate: 1.08% P.M.
  • Processing fee: From 0.75 - 2%

Documents Required

  • ID Proof.
  • Address Proof.
  • Income proof (Latest 2 salary slips & Last 3 months'bank statement).
Ujjivan Personal Loan

Ujjivan Personal Loan

4

Max Tenure

5 yrs

Best Rate

15.5%

Processing Fee

2.0%

Edelweiss Salaried Personal Loan

Edelweiss Salaried Personal Loan

4

Max Tenure

nil*

Best Rate

23.0%

Processing Fee

2%

MyMoneyMantra Personal Loan

MyMoneyMantra Personal Loan

4

Max Tenure

1-5 yrs

Best Rate

10.75%

Processing Fee

2%

RBL Personal Loan

RBL Personal Loan

4

Max Tenure

5 yrs

Best Rate

13.99%

Processing Fee

2%

HDB Personal Loan

HDB Personal Loan

4

Max Tenure

1.6 yrs

Best Rate

18%

Processing Fee

2%

Bajaj Finance Personal Loan

4

Max Tenure

5 yrs

Best Rate

14.75%

Processing Fee

2.25%

ICICI Bank Personal Loan

ICICI Bank Personal Loan

4

Max Tenure

5 yrs*

Best Rate

11.49%*

Processing Fee

999₹*

Finzy personal Loan

Finzy personal Loan

4

Max Tenure

6 to 36 Months.

Best Rate

7.99% p.m

Processing Fee

2%

SBI personal loan

SBI personal loan

4

Max Tenure

up to 6 years

Best Rate

15.65% p.a

Processing Fee

1.50%

Navi Personal Loan

Navi Personal Loan

4

Max Tenure

6 years

Best Rate

9.9%-45% p.a.

Processing Fee

Nil

MANAPPURAM Personal Loan

MANAPPURAM Personal Loan

4

Max Tenure

NA

Best Rate

Processing Fee

2%

IndusInd Bank Personal Loan

IndusInd Bank Personal Loan

4

Max Tenure

5 yrs

Best Rate

12.99%*

Processing Fee

0.5%*

Fullerton Personal Loan

Fullerton Personal Loan

4

Max Tenure

4 yrs

Best Rate

17.25% *

Processing Fee

2%

Capital First Personal Loan

Capital First Personal Loan

4

Max Tenure

NA

Best Rate

16%

Processing Fee

2.49%

PNB Personal Loan

PNB Personal Loan

4

Max Tenure

nil*

Best Rate

10.95%

Processing Fee

nil*

Citibank Personal Loan

Citibank Personal Loan

4

Max Tenure

nil*

Best Rate

10.99%

Processing Fee

nil*

Kotak Mahindra Bank Personal Loan

Kotak Mahindra Bank Personal Loan

4

Max Tenure

nil*

Best Rate

11.50%

Processing Fee

nil*

Bank of Baroda Personal Loan

Bank of Baroda Personal Loan

4

Max Tenure

nil*

Best Rate

11.60%

Processing Fee

nil*

Corporation Bank Personal Loan

Corporation Bank Personal Loan

4

Max Tenure

nil*

Best Rate

13.75%

Processing Fee

nil*

Union Bank of India Personal Loan

Union Bank of India Personal Loan

4

Max Tenure

nil*

Best Rate

14.40%

Processing Fee

nil*

Bank of India Personal Loan

Bank of India Personal Loan

4

Max Tenure

nil*

Best Rate

10.99%

Processing Fee

nil*

Canara Bank Personal Loan

Canara Bank Personal Loan

4

Max Tenure

nil*

Best Rate

12.60%

Processing Fee

nil*

IDBI Personal Loan

IDBI Personal Loan

4

Max Tenure

nil*

Best Rate

9.50%

Processing Fee

nil*

Bank of Maharashtra Personal Loan

Bank of Maharashtra Personal Loan

4

Max Tenure

nil*

Best Rate

9.70%

Processing Fee

nil*

Andhra Bank Personal Loan

Andhra Bank Personal Loan

4

Max Tenure

nil*

Best Rate

10.25%

Processing Fee

nil*

Karur Vysya Bank Personal Loan

Karur Vysya Bank Personal Loan

4

Max Tenure

nil*

Best Rate

11%

Processing Fee

nil*

Tamilnad Mercantile Bank Personal Loan

Tamilnad Mercantile Bank Personal Loan

4

Max Tenure

nil*

Best Rate

10.40%

Processing Fee

nil*

HSBC Bank Personal Loan

HSBC Bank Personal Loan

4

Max Tenure

nil*

Best Rate

10.99%

Processing Fee

nil*

Central Bank of India Personal Loan

Central Bank of India Personal Loan

4

Max Tenure

nil*

Best Rate

11.50%

Processing Fee

nil*

Dena Bank Personal Loan

Dena Bank Personal Loan

4

Max Tenure

nil*

Best Rate

11.50%

Processing Fee

nil*

UCO Bank Personal Loan

UCO Bank Personal Loan

4

Max Tenure

nil*

Best Rate

11.45%

Processing Fee

nil*

Allahabad Bank Personal Loan

Allahabad Bank Personal Loan

4

Max Tenure

nil*

Best Rate

13.00%

Processing Fee

nil*

Syndicate Bank Personal Loan

Syndicate Bank Personal Loan

4

Max Tenure

nil*

Best Rate

14.20%

Processing Fee

nil*

Vijaya Bank Personal Loan

Vijaya Bank Personal Loan

4

Max Tenure

nil*

Best Rate

13.50%

Processing Fee

nil*

Indian Bank Personal Loan

Indian Bank Personal Loan

4

Max Tenure

nil*

Best Rate

9.65%

Processing Fee

nil*

Federal Bank Personal Loan

Federal Bank Personal Loan

4

Max Tenure

nil*

Best Rate

11.75%

Processing Fee

nil*

Aditya Birla Personal Loan

Aditya Birla Personal Loan

4

Max Tenure

nil*

Best Rate

11.75%

Processing Fee

nil*

Indian Overseas Bank Personal Loan

Indian Overseas Bank Personal Loan

4

Max Tenure

nil*

Best Rate

14.05%

Processing Fee

nil*

South Indian Bank Personal Loan

South Indian Bank Personal Loan

4

Max Tenure

nil*

Best Rate

10%

Processing Fee

nil*

HDBFS Personal Loan

HDBFS Personal Loan

4

Max Tenure

nil*

Best Rate

13.99%

Processing Fee

nil*

Credy Personal Loan

Credy Personal Loan

4

Max Tenure

NA

Best Rate

1%

Processing Fee

3.0%

India Bulls personal Loan

India Bulls personal Loan

4

Max Tenure

nil*

Best Rate

11.99%

Processing Fee

2.5%

Sorry! We couldn't find any offer matching this category.

Personal Loan in Amritsar

Living in Amritsar? Looking for a personal loan in Amritsar and wondering what your options are? Read on!

Personal Loan in Amritsar

A personal loan is generally an unsecured loan, meaning you needn’t pledge any of your assets as collateral or security in order to avail this loan. The major advantages of a personal loan is that it has minimal documentation requirements and there are no restrictions on how you can use the loan amount – unlike, for example, a car loan or housing loan. For instance, you could use the loan amount for funding your dream “round the world” vacation / child’s wedding / child’s higher education, or it could be used as funds for buying household durables like refrigerator / smart TV etc., or for overcoming a personal crisis like loss of a job or a medical emergency. If you are an existing customer of a lender, you could even avail instant personal loans with zero documentation. This of course, varies from lender to lender and their policies.

However, a personal loan is one of the costliest retail loans in the market as there is no collateral involved. Hence, the lenders charge a high interest rate to safeguard their money against default. The interest rates could go up to as high as 32% or even more, depending on your individual credit history and other factors. Those who have a good credit profile can get a personal loan in Amritsar at attractive interest rates.

Personal Loans in Amritsar

Almost all major banks and NBFCs offer personal loans in Amritsar. Popular banks and NBFC’s include: Axis Bank, Shriram Finance, HDFC Bank, Fullerton, ICICI Bank, Citibank, SBI etc. Also, as mentioned before, if you are applying for a personal loan in Amritsar, you don’t require any collateral—but keep in mind that some lenders might require a guarantor or a token of some sort. However, most banks offer personal loan in Amritsar without any form of collateral and / or guarantor or security. For this very reason, a personal loan is a very attractive option for customers who may not be able to raise the collateral required for other types of loans.

Personal loans in Amritsar for salaried, self-employed and business people are available. You can put the internet to good use and find the best personal loan offers in the market. You can compare and contrast to find the best personal loan providers in Amritsar.

Is it possible to get a personal loan in Amritsar with bad credit?

Well, it is possible, but also certainly difficult at the same time. It depends on the severity of your credit situation, and the willingness of the lender to risk lending to a customer with bad credit.

It would certainly be a better idea to take time out and build your credit score to a good number before applying for the loan. If you need a personal loan in Amritsar to meet your immediate needs and do not improve your credit score, then you face the possibility of rejections of your loan application, or getting approved at a high interest rate.

Benefits of having a good credit score:

If you have a good credit score, it not only means that you can avail of the best terms and conditions, but also negotiate for lower interest rates.

Eligibility for Personal Loan in Amritsar

  • Age criteria: The applicant should be between 21 years to 65 years.
  • Salaried, self-employed, and business professionals are eligible to apply.
  • Minimum salary for salaried people is typically Rs. 15,000, though the salary requirement 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
  • Should have a stable employment history.

Documents Required for Personal Loans in Amritsar

For salaried / self-employed professionals:

The documents required are standard: Address proof, identity proof, 6 months / 3 months bank statements etc. For professionals, your degree certificate / educational documents might be required.

Following are an overview of the documents generally asked for while applying for a personal loan in Amritsar:

  • 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
  • Continuity of employment proof, like offer letter, relieving letter, etc.
  • Degree Certificate / educational documents for self-employed professionals.
  • Any other documents as directed by the Bank or NBFC

Keep all your documents in one place, like in a file folder, before applying for a personal loan. Ensure that you have all the documents in place, so that you save time in identifying your documents at the time of loan application.

Personal Loan in Amritsar with Low Interest

If you have a good credit score, banks, NBFCs and other finance companies would be willing to offer personal loans at low interest rates. The interest rate for a personal loan in Amritsar could range anywhere from 11.99% p.a. and can go up to as high as 32% p.a. or higher. The interest charged depends on a variety of factors—including your credit history, existing debt obligations, your repayment capacity etc.

Personal Loan in Amritsar FAQS

1. Where can I apply for a personal loan in Amritsar?

If you are in need of funds and require money swiftly, then you could apply for a personal loan in Amritsar with banks, registered NBFCs and other finance companies.

2. Who is eligible to apply for a personal loan in Amritsar?

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

3. Who is eligible to apply for a personal loan in Amritsar?

Yes, you could also approach private personal loan provider/s in Amritsar, if you are not able to go to the bank directly due to some reason.

4. How will I repay my Personal Loan?

There are several options to repay your personal loan:

  • Set up standing instructions for the EMI amount to get deducted from your account on the due date automatically.
  • Make payments through cash or cheque
  • Make payment towards your outstanding through NetBanking online

How to apply for Personal loan in Amritsar:

here are several ways to apply for a personal loan in Amritsar:

  • You can apply directly online at the bank / NBFC's website;
  • You can go in person to your nearest branch with the required documentation and apply
  • You can approach personal loan agents in Amritsar

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

Amritsar Personal Loan - Customer Reviews

5 / 5 (1 Reviews)
7 Dec 2018

Good app

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CreditMantri Finserv Private Limited

CIN No

U72100TN2012PTC085154

IRDAI Registration Number

CA0665

Valid Till

01-Aug-2025

ADDRESS

CreditMantri Finserve Private Limited Unit No. B2, No 769, Phase-1, Lower Ground Floor, Spencer Plaza, Anna Salai, Chennai - 600002

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