Personal Loans in Noida

  • 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 Noida 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 Noida, 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 Noida 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 Noida.

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

Personal Loan in Noida

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

Personal Loans in Noida

What is a personal loan?

A personal loan is a short-term loan which could be used for any legitimate purpose. You won’t be required to pledge any form of collateral or security. It can be used to meet immediate personal expenses like funding a wedding or higher studies, or used as capital for business or to consolidate debt.

A personal loan has several advantages including relatively simple documentation, no need for collateral, and no restrictions on how you use the money.

There is a downside to taking a personal loan—it is one of the costliest consumer loans in the market as it comes with high interest rates. This can be attributed to the fact it is an unsecured loan and the lender charges high interest rates because they want to safeguard their money against default. The interest rate on a personal loan could go anywhere up to 32 % or even more depending on your credit history.

Key features of a Personal Loan:

  • Loans for salaried & self-employed individuals.
  • Simple documentation, and quick processing
  • Over-the-counter loans with leading banks, like HDFC, subject to certain conditions
  • Flexible tenure—choose from tenures ranging from 1 to 5 years
  • No collateral, security or guarantor required
  • Special offers for professionals like doctors, chartered accountants, company secretaries, etc. depending on the lender’s policies.
  • Facility to apply online with most of the lenders
  • Special offers for existing customers
  • Loan amount starting from a few thousands to many lakhs.

Personal Loans in Noida—Availability

All major banks and NBFCs offer personal loans in Noida. Popular banks and NBFC’s that offer personal loans in Noida include: SBI, IndusInd bank, Union Bank of India, Axis Bank, HDFC Bank, Citibank, Standard Chartered Bank, Punjab National Bank, Fullerton, Shriram Finance, Sundaram Finance, ICICI Bank, Central RBL Bank, Indian Bank, Dena Bank, Bank of India, Canara Bank, Bank of India, IDBI Bank, Bajaj Finance, etc.

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

Personal Loan for CIBIL Defaulters in Noida

If you are a CIBIL defaulter, you must take steps to remove your “defaulter” tag before applying for any kind of credit, as it is next to impossible to get access to fresh credit. Start by making full payments towards all your overdue accounts.

If you need funds urgently, you could perhaps approach a private personal loan provider in Noida that offers special loans for defaulters.

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

It is not entirely impossible to avail a loan with bad credit. You might be approved, but at high interest rates. If you have bad credit, make a commitment to improve your credit situation, before applying for a personal loan in Noida.

Eligibility for Personal Loan in Noida

  • 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 Noida online, on the lender’s website.

Documents Required for Personal Loans in Noida

For salaried / self-employed professionals:

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

  • 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 Noida With Low Interest

Lenders consider your borrowing history, and your income amongst other factors to evaluate your repayment ability. If you have a good credit score, along with a high income and low debt-to-income ratio, then you would be approved for a loan with the lowest interest rates.

Personal Loan in Noida FAQS

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.

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 Noida.

What are the loan tenure options available to me?

Depending on the lender, you can repay your Personal Loan conveniently over a period ranging from 12 to 60 months.

How long will it take for my Personal Loan amount to be disbursed?

Depending on the lender, the loan amount is generally disbursed in your account within 4-7 working days post receipt, approval and successful verification of the all required documents. Of course, the time taken varies with each lender.

Is part-prepayment of a Personal Loan allowed?

Depending on the lenders polices, part-prepayment might be allowed.

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. Or you might have several loan obligations, which lenders think might impact your ability to repay a new loan.

How to apply for Personal loan in Noida:

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 documents

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.