Barclays Finance offering competitive products and services to deliver superior value and more importantly suit customer needs. Barclays Finance offers Personal Loan with benefits like:-
• Fast Processing
• Simple Documentation
• Small EMIs with longer tenure
• Attractive Personal Loan Rate.
Click for knowing salaried and Self-employed criteria of Barclays Personal Loan
Rate of Interest of Barclays Personal loan ( Last edited on :.16 May 2012)
Interest rate
19% to 22%
Eligibility Criteria for Barclays Finance Personal Loan
Age of Applicant
Min-23 years - Max-60 years.
No. of years in employment
2 years & above
Current Experience
1 year & above
Net Monthly Income
Rs. 15,000/- & above
Loan Amount offered by Barclays Finance
Minimum Funding
Rs. 35,000/-
Maximum Funding
Rs. 15,00,000/-
Loan Tenure offered by Barclays Finance
Minimum Tenure
12 months
Maximum Tenure
84 months
Turn Around Time of Barclays Finance Personal Loan
Turn around time
4 to 7 working days
Processing Fee of Barclays Finance Personal Loan
Processing fee
2% of loan amount
Prepayment Charges of Barclays Finance Personal Loan
Foreclosure Charges
4% of outstanding principal
(Can be foreclosed after 6 months only)
Salary available for making EMI’s
Above Rs. 15,000 p.m
55% of salary is considered
Documents Required for Barclays Finance Personal Loan
Identity Proof
Passport/ driving license/PAN card/Photo credit card (with embossed Signature and last two months statement)/ banker’s sign verification.
Age Proof
PAN Card/ Passport/ Driving
School leaving certificate/ Voter’s card/
BirthCertificate/ LIC policy (only for
age Proof).
Address Proof
Passport/ Telephone bill
(BSNL/MTNL)/ Electricity bill/ Title
deed of property/Rental agreement/
Driving license/ Election ID card/
Photo-credit card (with last two month
statements)
Income Proof
Latest salary slip/current dated salary
Certificate with latest form 16
Job Continuity Proof
Form 16/relieving letter/appointment
Letter.
Banking History
Credit card embossed copy (with latest 2
Month statement)/ existing loan
Sanction letter (with latest 9 month
Bank statement.)
Whether it's for realising a personal dream or a business need, Barclays can help In Business Loan.
Disclaimer : Please note that the interest rates and eligibility criteria given here are based on the market research. To enable the comparisons certain set of data has been reorganized / restructured / tabulated .Users are advised to recheck the same with the individual companies / organizations. This site does not take any responsibility for any sudden / uninformed changes in interest rates.
