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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 Bangalore

Personal loans in Bengaluru are easily available by a lot of lenders. Being a metro city, lenders offer competitive personal loan interest rates in Bangalore. Loan approvals are faster and completely digital. Let us know more about personal loans offered in Bangalore.

Apply for Personal Loans in Bangalore via CreditMantri here

Features and Benefits of Personal Loans offered in Bangalore

1. Low-interest rates starting from 8.90% to 36%

2. Some banks offer a 0% processing fee. However, it can go up to 6% (including GST).

3. Loan tenure usually ranges from 12 months to 60 months.

4. Loan amount ranges from Rs. 50,000 to Rs. 40 lakhs.

5. No guarantor is required to obtain a personal loan in Bangalore.

6. Pre-closure charges between 2% to 5%.

Major Personal Loan Lenders in Bangalore

Following are some of the major personal loan lenders in Bangalore. Let us look at the features and benefits offered by these lenders.

1. HDFC Bank

2. Tata Capital

3. L&T Finance

4. Axis Bank

5. Yes Bank

Personal Loan in Bangalore by leading lenders

Lenders

Tenure

Interest rate

Processing fee

Limit approved

L&T Finance

12-48 months

11% onwards

2% + taxes

Up to 7 lakhs

Axis bank

12-60 months

10.49%

1.5% to 2% + taxes

Up to 40 lakhs

Yes Bank

12-72 months

10.49-19%

Up to 2%

50,000 to 5L

HDFC

12-60 months

10.5% to 21%

-

Up to 40 lakhs

Tata Capital

12-72 months

10.99% onwards

2.75% + taxes

Up to 25 lakhs

Eligibility and Documentation Criteria for Personal Loans in Bangalore

Eligibility Criteria

Age

Minimum monthly income

Employment status

Experience in years

HDFC

21-60 years

Rs. 25,000

Salaried

2

L&T Finance

23-57 years

-

Salaried and Self-employed

-

Axis Bank

21-60 years

Rs. 15,000

Salaried or professional

-

Yes Bank

-

-

Salaried and Self-employed

-

Tata Capital

22-58 years

Rs. 15,000

Salaried

1

Documents required

Documents required

ID and Address proof

Income proof

HDFC

Aadhaar card

Driving license

Passport

Voter ID

Latest salary slips

Latest Form 16

Bank statements for the last 6 months

L&T Finance

PAN card

Aadhaar card

Passport

Utility Bill copy

Bank statement

Passbook copy

None

Axis Bank

PAN card

Aadhaar card

Voter ID

Passport

Latest salary slips

Latest Form 16

Bank statements for the last 6 months

Yes Bank

Aadhaar card

Driving license

Passport

Voter ID

Last 2 months’ salary slip

Bank statements for the last 3 months

Tata Capital

Aadhaar card

Driving license

Passport

Voter ID

Employment certificate

Bank statements for the last 6 months

Additional documents required for self-employed people to apply for a personal loan in Bangalore –

1. P&L account, Balance sheet, and income computation for the last 2 years

2. IT returns for the last 2 years

3. Proof of business – registration certificate, GST number, license

4. Clearance certificate

5. TDS Certificate (Form 16A) or Form 26 AS for income declared in ITR or Income tax challans.

HDFC Personal Loans in Bangalore Features and Benefits

1. Personal loans available for salaried people

2. Loans can be taken for emergencies, marriage, home renovation, and personal loans for women.

3. Loans available up to Rs. 40 lakhs

4. Flexible repayment tenure of up to 5 years

5. Loan insurance available

6. 24/7 customer support available

L&T Finance Personal Loans in Bangalore Features and Benefits

1. Personal loans available for salaried and self-employed people

2. Completely digital process with fast disbursal

3. Loans available up to Rs. 7 lakhs

4. Flexible repayment tenure of up to 4 years

5. No need for proof of income documents

Axis Bank Personal Loans in Bangalore Features and Benefits

1. Personal loans available for salaried and self-employed people

2. Completely digital process with fast disbursal

3. Loans available up to Rs. 7 lakhs

4. Flexible repayment tenure of up to 4 years

Yes Bank Personal Loans in Bangalore Features and Benefits

1. No collateral is needed

2. Easy application, quick disbursal of loans, doorstep banking

3. Part pre-payment facility available

4. Loans available up to Rs. 40 lakhs

5. Flexible repayment tenure of up to 5 years

6. Loans can be taken for marriage, holiday, and home renovation

Tata Capital Personal Loans in Bangalore Features and Benefits

1. No collateral is needed

2. Personal loans available for salaried and self-employed people

3. Part pre-payment facility available

4. Loans available up to Rs. 25 lakhs

5. Flexible repayment tenure of up to 6 years

6. Loans can be taken for medical emergencies and big purchases

Credit score and its effect on Personal Loans in Bangalore

Most lenders will ask for a credit score of 750+ to approve a personal loan in Bangalore. The disbursal would be quick and minimal documentation is needed. Some lenders will provide personal loans for a low credit score also but will charge a higher interest rate. A good credit score is a reflection of healthy credit repayment behavior in the past. Lenders consider a good credit report as an important factor while approving a personal loan.

CreditMantri enables you to check your credit score within a few seconds. With basic information, you can check your credit score for free on CreditMantri by clicking here.

Factors that help in obtaining personal loans with low-interest rates in Bangalore

1. Income Level – The income level has a great deal of impact on what interest rate the bank would charge for a personal loan. The higher your income is, the higher the chance of availing of a lower interest rate. This is because the bank wants to know how easily you can pay the loan back. We can say that income level and interest rates are inversely proportional.

2. Workplace Reputation – Individuals working in big multinational companies have a higher chance of getting a lower interest rate for a personal loan. This is because job security is higher in these known organizations. They have a relatively stable career and growth path and hence their income will most likely not be affected negatively in near future.

3. Credit History – While evaluating the application for a personal loan, a lender is most likely to check the credit report and scores of the applicant. A credit score is a three-digit number given by credit bureaus after considering a lot of factors. The lenders usually refer to reports from CIBILTM, Equifax, Experian, and CRIF Highmark, as these are RBI-authorized credit bureaus in India. The credit report and scores talk about the past credit repayment discipline of the applicant.

4. Loan Payment History – Your loan repayment discipline in the past is being closely observed by lenders. They consider it as a benchmark for all future repayments too. Typically, they would like to know if there have been any defaults in the last 12 months. Applications by defaulters are mostly rejected or approved with a very heavy rate of interest.

5. Loyalty with the lender – Your loyalty to the existing bank where you have your account plays a role in the determination of interest rate. How many accounts, fixed deposits, etc. you have with them would have made you a loyal customer. Loyal customers get a good rate of interest for maintaining a good relationship with the bank.

6. Economic conditions and other market factors – If the economy is flourishing, you might be able to get a good interest rate since there will be fewer people applying for loans. However, if there is inflation or recession, it is highly likely that the interest rates would not be too low. That is because the demand for loans would be very high in the scenario of inflation or recession. Changes in repo rates also affect the interest rates. The Repo rate is the rate at which banks borrow funds from the Reserve Bank of India (RBI). If the repo rate is high, the interest rates on personal loans are bound to be high.

The Application process for Personal Loans in Bangalore

The application process for Personal Loans in Bangalore via CreditMantri

1. Click on “Check Eligibility”

2. basic details like email ID, mobile number, full name as per PAN, loan amount requested, date of birth, residence pin code, residence city, gender, and marital status.

3. Click on “Next”

4. Proceed with the rest of the steps to complete the application

The application process for Personal Loans in Bangalore via lenders’ website

1. Log in to the lender’s official website.

2. Go to the Personal loans in Bangalore section.

3. Click on “Apply”

4. Provide the necessary details and continue to complete the application.

The application process for Personal Loans in Bangalore - Offline

1. Walk into a branch of the vendor.

2. Fill out the relevant form

3. Submit the required documents and the completed form

4. You will get a call from the lender regarding the next set of steps

Personal loan Customer care in Bangalore

Personal loan customer care numbers are mentioned on each bank/financial institution’s website. You can contact them via phone or email.

Personal loan Status in Bangalore

Personal loan status can be tracked by entering details on the website of the lender. You can check your personal loan status in the following ways –

  • By SMS
  • By calling the customer care number
  • By emailing the customer care
  • By checking on the official website of the lender

Personal loan rejection Bangalore

Personal loan rejection can happen because of a low credit score, income level, market factors, repayment history, etc.

Personal loan EMI calculator Bangalore

Check your personal loan EMI on CreditMantri by clicking here. The key elements that are used in the EMI calculator are Loan amount, interest rate, and tenure. Once you input these values, the EMI calculator will tell the exact EMI to be paid.

Personal Loan in Bangalore FAQS

1. What is the minimum and maximum loan amount for salaried people?

It depends on various criteria like your net annual income, your repayment behavior, your credit score and credit history. Final approval for your loan amount is at the sole discretion of your lender.

2. Do I have to pledge any collateral in order to secure a personal loan?

No collateral or security is required for obtaining a personal loan in Bangalore. However, if your credit condition is found to be poor, and you need urgent funds, you might be asked for some form of collateral. Some lenders might ask you for a guarantor of sufficient net worth, apart from asking for collateral.

3. How do I repay the loan?

You can repay the loan amount in convenient EMI (Equated Monthly Instalments).

4. What is an EMI?

EMI stands for Equated Monthly Installment and is the monthly amount you need to pay your lender towards servicing your personal loan—interest included.

5. How is EMI calculated?

An EMI is calculated factoring the following:

  • The principle loan amount
  • Tenure
  • Rate of Interest

You can use an online EMI calculator in order to calculate your monthly EMIs easily.

6. What is the minimum and maximum loan amount for salaried people?

It depends on various criteria like your net annual income, your repayment behavior, your credit score, and your credit history. Final approval for your loan amount is at the sole discretion of your lender.

7. Do I have to pledge any collateral in order to secure a personal loan?

No collateral or security is required for obtaining a personal loan in Bangalore. However, if your credit condition is found to be poor, and you need urgent funds, you might be asked for some form of collateral. Some lenders might ask you for a guarantor of sufficient net worth, apart from asking for collateral.

Bangalore Personal Loan - Customer Reviews

4 / 5 (13 Reviews)
26 Jan 2019

Excellent

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CreditMantri Finserv Private Limited

CIN No

U72100TN2012PTC085154

IRDAI Registration Number

CA0665

Valid Till

01-Aug-2025

ADDRESS

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