Processing Fee

2.25%

Max Tenure

24 to 48 Months.

Best Rate

11% P.A

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.

Processing Fee

4%

Max Tenure

6 - 36 Months.

Best Rate

14.04% P.A

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.

Processing Fee

2000₹

Max Tenure

18 Months.

Best Rate

28% p.a

View Details

Features

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

Pricing

  • Interest rate - 20% to 30% 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 ).

Processing Fee

3-4%

Max Tenure

2 yrs

Best Rate

18%

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

Processing Fee

1.0%

Max Tenure

12-72 Months.

Best Rate

12% P.A.

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).

Processing Fee

2.5%

Max Tenure

12 Months.

Best Rate

35.1% p.a

View Details

Features

  • Minimal Documentation.
  • Quick loan processing.
  • NTC also allowed for 50 k.

Pricing

  • Interest rate - 35% to 37% P.A
  • Processing fee - From 2.5%

Documents Required

  • ID Proof.
  • Address Proof.

Processing Fee

2.5%

Max Tenure

12 - 60 Months.

Best Rate

12.96% P.A

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.

Processing Fee

2% - 5%

Max Tenure

3 - 60 Months

Best Rate

16% P.A.

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

Processing Fee

3%

Max Tenure

12-72Months

Best Rate

11.04% P.A.

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

Processing Fee

Nil*

Max Tenure

36 Months.

Best Rate

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 )

Processing Fee

2.50%

Max Tenure

12 - 72 Months.

Best Rate

11.04% P.A.

View Details

Features

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

Pricing

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

Documents Required

Processing Fee

2%

Max Tenure

2 - 60 months

Best Rate

15.96% P.A.

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).

Processing Fee

1%

Max Tenure

12 - 60 Months.

Best Rate

12.96% P.A.

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

4

Processing Fee

2.0%

Max Tenure

5 yrs

Best Rate

15.5%

Edelweiss Salaried Personal Loan

4

Processing Fee

2%

Max Tenure

nil*

Best Rate

23.0%

MyMoneyMantra Personal Loan

4

Processing Fee

2%

Max Tenure

1-5 yrs

Best Rate

10.75%

RBL Personal Loan

4

Processing Fee

2%

Max Tenure

5 yrs

Best Rate

13.99%

Shriram City Union Personal Loan

4

Processing Fee

2.5%

Max Tenure

1 year

Best Rate

35.1% p.a

Shriram City Union Personal Loan

4

Processing Fee

2.5%

Max Tenure

1 year

Best Rate

35.1% p.a

HDFC Personal Loan EM

4

Processing Fee

2.50%

Max Tenure

12 - 72 Months.

Best Rate

10.99%

HDB Personal Loan

4

Processing Fee

2%

Max Tenure

1.6 yrs

Best Rate

18%

Bajaj Finance Personal Loan

4

Processing Fee

2.25%

Max Tenure

5 yrs

Best Rate

14.75%

ICICI Bank Personal Loan

4

Processing Fee

999₹*

Max Tenure

5 yrs*

Best Rate

11.49%*

Shriram City Union Personal Loan

4

Processing Fee

2.5%

Max Tenure

1 year

Best Rate

35.1% p.a

Finzy personal Loan

4

Processing Fee

2%

Max Tenure

6 to 36 Months.

Best Rate

7.99% p.m

SBI personal loan

4

Processing Fee

1.50%

Max Tenure

up to 6 years

Best Rate

15.65% p.a

Navi Personal Loan

4

Processing Fee

Nil

Max Tenure

6 years

Best Rate

9.9%-45% p.a.

MANAPPURAM Personal Loan

4

Processing Fee

2%

Max Tenure

NA

Best Rate

IndusInd Bank Personal Loan

4

Processing Fee

0.5%*

Max Tenure

5 yrs

Best Rate

12.99%*

Fullerton Personal Loan

4

Processing Fee

2%

Max Tenure

4 yrs

Best Rate

17.25% *

Capital First Personal Loan

4

Processing Fee

2.49%

Max Tenure

NA

Best Rate

16%

PNB Personal Loan

4

Processing Fee

nil*

Max Tenure

nil*

Best Rate

10.95%

Citibank Personal Loan

4

Processing Fee

nil*

Max Tenure

nil*

Best Rate

10.99%

Kotak Mahindra Bank Personal Loan

4

Processing Fee

nil*

Max Tenure

nil*

Best Rate

11.50%

Bank of Baroda Personal Loan

4

Processing Fee

nil*

Max Tenure

nil*

Best Rate

11.60%

Corporation Bank Personal Loan

4

Processing Fee

nil*

Max Tenure

nil*

Best Rate

13.75%

Union Bank of India Personal Loan

4

Processing Fee

nil*

Max Tenure

nil*

Best Rate

14.40%

Bank of India Personal Loan

4

Processing Fee

nil*

Max Tenure

nil*

Best Rate

10.99%

Canara Bank Personal Loan

4

Processing Fee

nil*

Max Tenure

nil*

Best Rate

12.60%

IDBI Personal Loan

4

Processing Fee

nil*

Max Tenure

nil*

Best Rate

9.50%

Bank of Maharashtra Personal Loan

4

Processing Fee

nil*

Max Tenure

nil*

Best Rate

9.70%

Andhra Bank Personal Loan

4

Processing Fee

nil*

Max Tenure

nil*

Best Rate

10.25%

Karur Vysya Bank Personal Loan

4

Processing Fee

nil*

Max Tenure

nil*

Best Rate

11%

Tamilnad Mercantile Bank Personal Loan

4

Processing Fee

nil*

Max Tenure

nil*

Best Rate

10.40%

HSBC Bank Personal Loan

4

Processing Fee

nil*

Max Tenure

nil*

Best Rate

10.99%

Central Bank of India Personal Loan

4

Processing Fee

nil*

Max Tenure

nil*

Best Rate

11.50%

Dena Bank Personal Loan

4

Processing Fee

nil*

Max Tenure

nil*

Best Rate

11.50%

UCO Bank Personal Loan

4

Processing Fee

nil*

Max Tenure

nil*

Best Rate

11.45%

Allahabad Bank Personal Loan

4

Processing Fee

nil*

Max Tenure

nil*

Best Rate

13.00%

Syndicate Bank Personal Loan

4

Processing Fee

nil*

Max Tenure

nil*

Best Rate

14.20%

Vijaya Bank Personal Loan

4

Processing Fee

nil*

Max Tenure

nil*

Best Rate

13.50%

Indian Bank Personal Loan

4

Processing Fee

nil*

Max Tenure

nil*

Best Rate

9.65%

Federal Bank Personal Loan

4

Processing Fee

nil*

Max Tenure

nil*

Best Rate

11.75%

Aditya Birla Personal Loan

4

Processing Fee

nil*

Max Tenure

nil*

Best Rate

11.75%

Indian Overseas Bank Personal Loan

4

Processing Fee

nil*

Max Tenure

nil*

Best Rate

14.05%

South Indian Bank Personal Loan

4

Processing Fee

nil*

Max Tenure

nil*

Best Rate

10%

HDBFS Personal Loan

4

Processing Fee

nil*

Max Tenure

nil*

Best Rate

13.99%

Credy Personal Loan

4

Processing Fee

3.0%

Max Tenure

NA

Best Rate

1%

India Bulls personal Loan

4

Processing Fee

2.5%

Max Tenure

nil*

Best Rate

11.99%

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Personal Loan in Faridabad

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

Personal Loans in Faridabad

What is a personal loan?

A personal loan is taken out by a borrower to meet immediate personal expenses. The end use of a personal loan is not restricted. For instance, you might require funds for your child’s higher education, or you simply might want to take an expensive vacation or expand your business. A personal loan could address your urgent financial needs.

Advantages of a Personal Loan in Faridabad:

  • Less documentation
  • Spot Approvals and Over-the-Counter loans subject to certain conditions
  • Quick and speedy processing
  • Tenor up to 5 years
  • Interest Rate starting from 12% p.a.
  • Facility to apply online with most of the lenders
  • Special offers for existing customers
  • Loan amount starting from a few thousands to many lakhs
  • No collateral or security required

Disadvantages of a personal loan:

Personal loans are one of the costliest loans in the market with a relatively high interest rate. The interest on a personal loan could go up to as high as 32% p.a. or even more, depending on your credit situation.

Personal Loans in Faridabad

All major banks and NBFCs offer personal loans in Faridabad. Popular banks and NBFCs that offer personal loans in Faridabad include: Canara Bank, Axis Bank, ICICI Bank, Shriram Finance, Tata Capital, Bajaj Finance, Fullerton, Mahindra Finance, IndiaBulls, HDFC Bank, Citibank, SBI, etc.

Personal loans in Faridabad for salaried, self-employed and business people are available.

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

It is advisable to raise your credit score to a healthy number before applying for any kind of loan. The possibility of rejections is high when you have a bad credit score. Each rejection will cause your credit score to drop further and you would only end up severely damaging your credit profile.

However, it is not entirely impossible to get a personal loan with a bad credit score, as loan approvals depend on a variety of factors. If you have a high net income, then your loan application might be considered. You might even be approved for a personal loan in Faridabad albeit at high interest rates and other unfavourable terms and conditions.

Eligibility for Personal Loan in Faridabad

  • Age criteria: The applicant should be between 21 years to 65 years (at the time of maturity of the loan).
  • Salaried, self-employed, and business professionals are eligible to apply. If you are not a regular wage earner, talk to your bank manager about your situation.
  • 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.

You can check your eligibility for a personal loan in Faridabad online, on the lender’s website.

Documents Required for Personal Loans in Faridabad

For salaried / self-employed professionals:

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

  • 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 – Last 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.

For the self-employed and those into business, the following might be requested for in addition to the above-mentioned documents.

  • Degree Certificate / educational documents for self-employed professionals.
  • Proof of business existence
  • Last 3 years Income Tax returns (self and business)
  • Last 3 years Profit /Loss and Balance Sheet, duly attested by a CA
  • Any other documents as directed by the Bank or NBFC

Personal Loan in Faridabad With Low Interest

Lenders usually offer a low interest rate on personal loans to those who have a good credit track. If you just make your repayments on time, and consistently so, your credit score will raise. The Interest rate offered by the lender depends on quite a few factors like your credit history, the amount of loan as compared to your net annual income and the loan tenure.

Personal Loan in Faridabad FAQS

1. How long will it take for my personal loan to be sanctioned?

It varies from lender to lender. Your loans may be approved on the spot, in as little as 24 / 48 hours or may take up to 7 working days, based on your individual credit history amongst other factors.

2. 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.

3. 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 Faridabad.

4. How do I repay the loan?

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

5. 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.

How to apply for Personal loan in Faridabad:

There are several ways to apply for a personal loan:

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

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

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