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Processing

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 Delhi

Personal loans in Delhi are sought by a lot of applicants based in the city. Due to the ease of application and approval, minimal documentation, low-interest rates, pre-approved status, and the number of reasons for which it can be used, personal loans are a preferred choice amongst many loan seekers.

Apply for Personal Loans in Delhi via CreditMantri here

Features and Benefits of Personal Loans offered in Delhi

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

2. Lenders might offer an overdraft facility over and above the personal loan

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

4. Lenders might be able to consolidate multiple EMIs into one loan.

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

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

7. No guarantor is required to obtain a personal loan in Delhi.

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

Major Personal Loan Lenders in Delhi

Following are some of the major personal loan lenders in Delhi. 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 Delhi 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 Delhi

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 for the salaried

Documents required for the salaried

HDFC

L&T Finance

Axis Bank

Yes Bank

Tata Capital

ID and Address proof

Aadhaar card

Driving license

Passport

Voter ID

PAN card

Aadhaar card

Passport

Utility Bill copy

Bank statement

Passbook copy

PAN card

Aadhaar card

Voter ID

Passport

Aadhaar card

Driving license

Passport

Voter ID

Aadhaar card

Driving license

Passport

Voter ID

Income proof

Latest salary slips

Latest Form 16

Bank statements for the last 6 months

None

Latest salary slips

Latest Form 16

Bank statements for the last 6 months

Last 2 months’ salary slip

Bank statements for the last 3 months

Employment certificate

Bank statements for the last 6 months

Employment certificate

Bank statements for the last 6 months

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

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 Delhi 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 Delhi 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 Delhi 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 Delhi 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 Delhi 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 Delhi

A credit score is one of the most influential metrics that lenders check while approving a personal loan in Delhi. A score of 750+ is considered as a good indicator of the past financial discipline of the applicant. Maintaining a credit score is a simple task if you make your payments on time, maintain a good credit utilization ratio, have a good credit mix, and so on.

CreditMantri facilitates easy checking of your credit score for free. You can now check your credit score for free in just a few clicks here.

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

1. 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.

2. 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.

2. 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.

3. 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.

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. 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, likely, 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 Delhi

The application process for Personal Loans in Delhi via CreditMantri

1. Click on “Check Eligibility”

2. Enter 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 Delhi via lenders’ website

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

2. Go to the Personal loans in Delhi section.

3. Click on “Apply”

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

The application process for Personal Loans in Delhi - 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 Delhi – 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 Delhi – Personal loan status can be tracked by entering details on the website of the lender. You can also check the status via SMS, email, and by calling the customer care number.

Personal loan rejection in Delhi – Personal loan rejection can happen because of a low credit score, income level, market factors, repayment history, etc. Loan rejections can bring your credit score down. It is best to maintain a good credit score by making sure you pay your dues on time.

Personal loan EMI calculator in Delhi – Check your personal loan EMI on CreditMantri by clicking here. The EMI calculator gives an accurate and exact amount to be paid every month. The only inputs needed are loan amount, interest rate, and loan tenure.

Personal Loan in New Delhi FAQS

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

The loan amount generally varies from a few thousands to lakhs of rupees depending on your eligibility criteria like credit score, borrowing history, income, and repayment capacity.

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 New Delhi.

3. My personal loan application is rejected even though I have a good credit score. Why?

Your loan amount is taken into consideration while sanctioning the loan application. If your loan amount is a small percentage of your annual income, then your loan application will be approved quickly. If your loan amount is a high percentage of your annual income, then lenders might not be confident about your repayment capacity and might reject your loan application or sanction the loan amount at unfavorable interest rates.

4. How do I repay the loan?

You can repay the loan amount in convenient EMI (Equated Monthly Instalments) which is the monthly amount you need to pay your lender towards servicing your personal loan—interest included.

5. I have a low CIBIL™ score. Would I be eligible for a personal loan?

It is best to improve your credit score. If your credit score is low, it is advisable to take time to improve it before applying for a personal loan. This would help avoid the possibility of rejection which would lead to further damage to your credit score, or unattractive interest rates.

6. What are the disadvantages of a personal loan?

Personal loans if not paid on time can bring your credit discipline and credit score down. Personal loans can sometimes carry a high rate of interest if the applicant’s credentials are not that strong.

7. What are the features and benefits of a personal loan?

Minimum documentation, quick approvals, and disbursals, overdraft facility available, tenure length up to 6 years, flexibility in payment terms are some of the features and benefits of a personal loan.

New Delhi Personal Loan - Customer Reviews

4 / 5 (5 Reviews)
13 Dec 2018

Good service

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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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