Personal Loan Bangalore Interest Rates June 2019: Instant online approval

Apply Personal Loan in Bangalore: Get Instant E-approvals, Special Offers, Best interest rates 2019, lowest EMI, Higher loan amount from all major banks in Bangalore through deal4loans.

Personal Loan Bangalore details:

Interest Rates11.49% – 26.00%
Processing Fees0.99% – 3.00%
Pre payment ChargesNil – 5.00%
Repayment PeriodUpto 7 years
Cibil ScoreMin. 750
Lowest EMIRs. 2199.26 per lac

₹ 273,923 crores worth of Personal Loan Applications received! (last updated on 26 June 2019)

Compare Personal Loan Rates – Eligibility – Process of Top 10 Banks. Check CIBIL score absolutely FREE.

Loan Amount

Employment Status

City


Personal Loan Interest Rates in Bangalore 2019

BanksInterest Rates
HDFC Bank10.99 – 20.75%
ICICI Bank10.99 – 16.50%
Bajaj Finserv11.99 – 16.00%
Fullerton India14.00 – 33.00%
Kotak Mahindra10.99 – 17.25%
IndusInd Bank12.99 – 17.00%
Standard Chartered12.00 – 17.00%

Processing Fees / Prepayment Charges

BanksProcessing FeePre Payment Charges
Bajaj FinservUpto 2.00%Upto 4% post 1st EMI clearance
ICICI Bank1999 to 2.50%Zero or 5.00%
Axis Bank2.00%Nil
Kotak1.5 – 2.00%5.00%
HDFC Bank0.8% – 2.00%4.00%
Fullerton India2.00%Upto 7.00%, 0% after 3 year
Standard Chartered
Up to 1%Upto 5.00% of loan amount

About Bangalore:

Bangalore is the capital and the largest city of the Indian state of Karnataka. It is also called “Garden City” for its beautiful gardens, flowers and trees which flourish in each and every street. It is India’s fifth largest city and India’s fifth largest metropolitan area, with a 2001 population of about 6.5 million.

Bangalore district’s population ballooned 46.68 per cent over the past decade to around 9.59 million in 2011. The district today houses over 15.69% of the state’s population. This, despite the thrust of the state on deflecting growth towards tier II and tier III cities in the state. Today, 4,378 persons cram every square kilometer space of the district.

Known as Silicon Valley of India, Bangalore has attracted a large number of multi-nationals to open their offices. Better opportunity and handsome salary has converted this city to a preferred choice among IT professionals across India. As a result of this migration property rates have become dearer and dearer which ultimately turned to high rentals as well.

Even though the city has a large number of high mid income group but due to increase in demand sometimes we realize shortfall of funds to meet the expenses. Old loans with high interest rate taken in haste, causes a hole in our pocket. In order to repay this interest burden, one may opt for personal loan.

Eligibility For Personal Loan Amount in Bangalore

Depends on your Credit Score, Bank 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.

Personal Loan EMI Calculator Bangalore

To calculate your personal loan emi in Bangalore, you have follow simple 3 steps, which are as follows:

  1. Enter Personal Loan amount
  2. Interest Rate (bank offered to you)
  3. Repayment period
  4. Submit & EMI calculation’s on your screen

Calculate Loans EMI Online

Loan Amount
Interest Rate (Reducing) % Per Annum
Loan Tenure (in Months)
 
Monthly EMI
Total Amount with Interest
Total Interest Amount
Yearly Interest Amount

For customer’s satisfactions or help here’s some examples which helps you to know how much you have to pay for the personal loans for the respective yearly repayment period. Examples of personal loans amount in Bangalore.

Pre-calculated emi for personal loans in Bangalore with the help of personal loan emi calculator:

Loan AmountTenure In YearsInterest RateMonthly EMI
100000314.90%Rs. 3,462
160000214.65%Rs. 7,731
200000213.50%Rs. 9,555
280000513.00%Rs. 6,371
300000512.00%Rs. 6,673
400000412.65%Rs. 10,661
450000313.65%Rs. 15,304
500000413.70%Rs. 13,588
600000512.30%Rs. 13,438
650000512.15%Rs. 14,508

Best Banks for Personal Loan in Bangalore

SBI Personal LoanBajaj Finance Personal LoanICICI Bank Personal Loan
Standard Chartered Personal LoanHDFC Bank Personal LoanKotak Bank Personal Loan
UBI Personal LoanTata Capital Personal LoanIndusInd Personal Loan
HSBC Personal LoanIDBI BankFullerton Personal Loan
AXIS Bank Personal LoanBank of Baroda Personal LoanBOM Personal Loan

Documents requirement for Personal Loans Bangalore:

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.

List of Bank Branches for apply personal loans in Bangalore

BankAddressPincode
Axis Bank4-3-White Field Loan Centre, 2nd floor above Bata showroom, No. 3, Kundanhalli Main Road, Bangalore 537560037
Bajaj Finserv2nd Floor, Hosur Main Road Next To Wipro Building, Madivala560085
HDFC BankNo.47, Margosa Road, Next to BSNL Office, 15th Cross, Malleshwaram Bangalore Bangalore560003
ICICI Bank1st Cross, K G Road Extension, No 11, Opposite Menaka Theatre, Bangalore560009
Indusind BankParvatheswara Complex, D B Cross, BB Road, opposite Jain Temple, Devenahalli, Bangalore562010
Kotak23, Bangalore 560069, 1277, 25th Main Rd, Jayanagara 9th Block, Jayanagar, Bengaluru, Karnataka560069
Tata Capital2nd Floor, Prestige Corniche, No.62, Richmond Road, Bangalore560025
FullertonFirst Floor, Suraj Centre, No:-235/12, 27th Cross, 7th Block, Jayanagar, Bangalore560082
Indusind BankAnand Surya, No600, 100ft Road, 6th Phase, JP Nagar, Bangalore560078
HDFC Bank83,7Th Cross , Opp. Bda Complex 4Th B Block,Koramangala Bangalore560034
HDFC Bank107, Sri Sai Plaza,Bangalore 560016 B, Narayanapura, Marathalli Outer Ring Road, Bangalore560016
Tata Capital58,8th Main Road , Malleshwaram, Bangalore560055
Indusind Bank208B, 80 Ft Main Road, 1st stage, 2nd Block, HBR Layout, Bangalore560043
Bajaj Finserv2nd Floor, Shiva Complex, #1017 Dr. Rajakumar Road, 4th Block, Rajaji Nagar560010

Private Finance Companies available in Bangalore

Private financier are also available in Bangalore that does not bother about the previous credit history you had with a particular bank. They provide you with instant loan within a short period of time.

(As your financial companion we do not endorse to employ loans from companies until and unless you are in an immense problem.)

Some of the private companies are listed below from Bangalore region:

Name of the companyAddress
Shilpa LoansNo. 8/29, 16th Cross, D Group, 2nd street, Nagarabhavi, Bangalore-560091
SateeshNo. 0002, 3rd floor, 80 feet Road, Indira Nagar, Bangalore-560038
Pagoda Finance Consultant LtdD-Block, V-Cross, Gayathri Nagar, Bangalore-560021
Quick Loan and FinanceNo. 64, Moodalapalya, Bangalore-560072