Personal Loan Sivakasi – Compare Top 20 Banks, Instant Approval
Personal Loan In Sivakasi – Get Lowest and Best Interest Rates on Personal loans in Sivakasi. Compare Documents, Eligibility, Rates and Fees for Best Bank at deal4loans
About Sivakasi:
Sivakasi is a town in Virudhunagar District in the Indian state of Tamil Nadu. The town is known for firecrackers and match factories that produce 70% of the country’s produce. The industries in Sivakasi employ over 25,000 people and the estimated turnover of the firecracker, match making and printing industries in the town is around INR20 billion (US$320 million). The economy of Sivakasi is dependent on three major industries: fire crackers, match manufacturing and printing.
List of Major Bank Branch Address of Personal loans in Sivakasi:
- Corporation Bank – Gandhi Rd, Sivakasi, Tamil Nadu 626123
- Axis Bank Ltd – No. 64, N R K R, Rajarathnam Street, Sivakasi, 626123
- Tamilnad Mercantile Bank Ltd – 1 2 1 Suviesesha vathyar street, Post Box No 14, Sivakasi, Tamil Nadu 626123
- Canara Bank – State Highway 183, Sivakasi, Tamil Nadu 626123
- City Union Bank – State Highway 183, Sivakasi, Tamil Nadu 626123
- Indian Overseas Bank – State Highway 183, Sivakasi, Tamil Nadu
- Indian Bank – State Highway 187, Sivakasi, Tamil Nadu 626123
- Central Bank of India – Old Virudhunagar Rd, Vadapatti, Sivakasi, Tamil Nadu 626123
- State Bank of Travancore – Gandhi Rd, Sivakasi, Tamil Nadu 626123
- IndusInd – NRKR Rd, Kaliappa Nagar, Sivakasi, Tamil Nadu 626123
- Karur Vysya Bank – State Highway 187, Sivakasi, Tamil Nadu 626123
- Bank of Baroda – State Highway 187, Vadapatti, Sivakasi, Tamil Nadu 626123
- HDFC bank – Velayutham Rd, Sivakasi, Tamil Nadu 626123
- State Bank of India – Main branch , Sivakasi, Tamil Nadu 626123
Top Bank Personal Loan Interest Rates Sivakasi
| Banks | Interest Rates |
| HDFC Bank | 10.99% – 20.99% |
| ICICI Bank | 11.59 – 17.50% |
| Bajaj Finserv | 11.99% – 16.00% |
| SMFG India | 14.00 – 33.00% |
| Kotak Mahindra | 10.99 – 19.65% |
| IndusInd Bank | 12.99 – 17.00% |
| Standard Chartered | 11.50 – 14.50% |
Processing Fees / Prepayment Charges
| Banks | Processing Fee | Pre Payment Charges |
| Bajaj Finserv | Upto 2.00% | Upto 4% post 1st EMI clearance |
| ICICI Bank | 1999 to 2.50% | Zero or 5.00% |
| Axis Bank | 2.00% | Nil |
| Kotak | 0.99% – 2.5% | Nil – 5.00% |
| HDFC Bank | Up to 2.5% | Zero to 4.00% |
| SMFG India | 2.00% | Upto 7.00%, 0% after 3 year |
| Standard Chartered |
Up to 1% | Upto 5.00% of loan amount |
Tips to Get Best Personal loan deals in Sivakasi:
1) Compare exact EMI | Processing fee |Tenure| Documents checklist before choose the bank.
2) Never pay any fee to any person to get loan sanctioned. Processing fee is deducted from Loan amount.
3) Only give documents to one bank and check whether he is authorized Bank employee or vendor.
4) For getting more loan from bank – Pay regular bills or payments of credit cards, and Try to increase your income with the help of these steps you get more& more personal loan amount from bank.
What are the minimum and maximum loan amounts?
You can avail of loans ranging from Rs 50,000/- to Rs 25,00,000/- depending on your eligibility, income and repayment capacity.
What are the loan tenure options?
The loan can be repaid over a period of 12 to 60 months ( 1 Year to 5 Years).
Eligibility Or Loan Amount Depends on your Credit Score, Banks Policies, Company in which you are working, your Income or salary, Area in which you are live, Work experience etc. Or better to pay your credit cards or loan amounts on time to get more loan amount from banks at the time of apply new personal loans.
Documents required for Personal Loan in Sivakasi
Following documents are required by financial institutions to process the loan application :
in case of Salaried
- Identity proof
- 3 to 6 months Bank statements
- Residence proof
- Salary slip
- Guarantors & their same set of documents
In case of Self Employed
- Balance Sheets
- Profit & Loss Account
- Partnership Deed & other mandatory documents etc.
