Personal Loan in Mumbai – Compare and Apply for the Best Personal Loan

Personal Loan Mumbai – Compare Personal loans rates in Mumbai, Best Personal loan interest rates and EMI from all major banks such as SBI, HDFC Bank, Citibank, Axis bank, Barclays Finance, Fullerton India, Standard Chartered in Mumbai including interest rates, tips for personal loan deal,  repayment options, charges applicable, EMI calculator.

Tips for Best Personal loan deal
1) Compare exact Emi|Processing fee |Tenure|Documents before choosing bank|
2) Never pay any fee to any person to get loan sanctioned.Processing fee are deducted from Loan amount.
3) Only give documents to one bank and check whether he is authorized Bank employee or vendor.

About Mumbai:
Mumbai is one of the most populated cities in the world. The business capital of India is home to more than 20.4 million people. Like other metros of India, the population of Mumbai has also grown rapidly inlast 20 years. It is one of the largest cities of India in terms of population, business and trade activities.

Apply for Personal Loan in Mumbai

Compare Personal Loan Rates – Eligibility – Process of Top 10 Banks.

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A large majority of Mumbai’s population are migrants from other states of India. This migrant population who come and stays here in search of better employment opportunities is one of the significant factors in rising population of Bombay. According to 1991 census, the population of Mumbai was only 12.5 million; So Population of Mumbai has grown almost double in the last 20 years.

Latest Personal loan Interest Rates
( Last edited on : 23 September 2014 )
Bank Interest
Kotak 13.60%-18%
HDFC Bank 12.99%-20%
Fullerton India 21%-32%
SBI Saral 18.50%-
ING Vysya Bank 13.75%-18.75%
For Other Banks Click Here

Major Banks Provide Personal Loans in Mumbai:

SBI Personal Loan Canara Bank Dena Bank Personal Loan
Standard Chartered Personal Loan UCO Bank Personal Loan Vijaya Bank Personal Loan
HDFC Personal Loan Corporation Bank Personal Loan Ing Vysya Personal Loan
HSBC Personal Loan Andhra Bank Personal Loan Central Bank Personal Loan
ICICI Bank Personal Loan UBI Personal Loan Deutsche Bank Personal Loan
Citi Bank Personal Loan Syndicate Bank Personal Loan Punjab national Bank
AXIS Bank Personal Loan Indian Bank IDBI Bank
Bank of Baroda Personal Loan Kotak Mahindra


Documents required for Personal Loan in Mumbai:

The documentation process in personal loan is very fast as against secured loans. Following documents are required by financial institutions to process the loan application:
• Identity proof
• 3 to 6 months Bank statements
• Residence proof
• Salary slip
• Guarantors & their same set of documents

In case of self-employed banks require balance sheets, profit & loss account, partnership deed & other mandatory documents etc.


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Disclaimer: This information is sourced from Bank's Website to help customers to gain information on Banks product.