Personal Loan Chennai Interest Rates June 2019: Instant online approval

Apply Personal Loan in Chennai. Get Quick & Easy Instant E-approval, Special Offers, Best interest rates and lowest EMI options from all major banks in Chennai through deal4loans.

Personal Loan Chennai 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 25 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 Chennai 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

A positive sign of recovery soon be visible as the government has relaxed the rules for FDI norms. The new policy taken on 30th Oct, 14 by union cabinet for real estate industry is certainly going to be beneficial for entire country in general and for Chennai in specific. Although, the investors have gained YoY appreciation but this appreciation differs according to location and market segments.

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.

In our unpredictable life we sometimes face medical need in our family. Monthly remuneration is not enough to meet expensive medical cost. At this time of need personal loans proves to be of great help. As a safe investment option buying a piece of land sometime leaves us in short of fund. An easy accessibility to a debt instrument like personal loan easily resolves our problem.

To mark a memorable marriage and hosting superb banqueting charge its own price and to meet this expense a number of banks are in fray to offer personal loan at competitive interest rates.

You can get Lowest Interest Rates on Personal loans if you are working in these Companies at Chennai:

✓ Cognizant Technology Solutions ✓ Tata Consultancy Services ✓ Infosys ✓ HCL Technologies ✓ Wipro
✓ Accenture ✓ Computer Sciences Corp ✓ Hewlett-Packard ✓ CSS Corporation ✓ MphasiS ✓ Sutherland Global Services
✓ Polaris FT ✓ iNautix Technologies ✓ Amazon.com ✓ Photon Infotech ✓ Virtusa ✓ Scope International ✓ Mahindra ✓ Satyam ✓ Zoho ✓ Aricent

Eligibility Or Personal Loan Amount in Chennai

– 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 Chennai

To calculate your personal loan emi in Chennai, 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


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 Chennai.

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

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

Loan AmountTenure In YearsInterest RateMonthly EMI
100000217.00%Rs. 4,944
140000315.00%Rs. 4,853
200000215.50%Rs. 9,745
360000216.00%Rs. 17,627
400000314.10%Rs. 13,690
500000413.65%Rs. 13,576
750000412.80%Rs. 20,046
800000512.75%Rs. 18,100
860000413.10%Rs. 23,114
1000000512.20%Rs. 22,346

Best Banks for Personal Loan in Chennai

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 Chennai:

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 Chennai

BankAddressPincode
Axis BankCentennial Square, 2nd Floor, No 6 A, Dr.Ambedkar Road, Opp to Hotel Brown Star, Kodambakkam, Chennai600024
Bajaj FinservUnit No – 209, 210, 2nd Floor, Delta Wing, Raheja Towers, 177, Anna Salai, Chennai600002
HDFC Bank12 6Th Block,T N H B,Mogappair West,Chennai,Tamil Nadu 600037
ICICI BankConran smith road, Gopalapuram, Chennai, Tamil Nadu600086
Indusind BankAL Complex, W 115 A, 3rd Avenue, Anna Nagar – East, Chennai600040
Kotak3, Dass India Tower,2Nd Line Beach,parrys,chennai600001
Tata CapitalMT Rajens Properties, 40, Bazullah Road, T Nagar, Chennai600017
FullertonFirst Floor, Second Avenue No.149, AC Block, Anna Nagar, Chennai600040
HDFC BankNo. 53, Plot No. 841,4Th Avenue, Ashok Nagar,Chennai,Ashok Nagar,Tamil Nadu600083
HDFC Bank56,Jawaharlal nehru road 100 ft road,,vadapalani,chennai,Tamil nadu600026
Tata CapitalVeeru Towers, # 18,6, 19,3, Jawaharlal Nehru Salai, Ekkaduthangal, Chennai600032
Indusind BankGround Floor,ev Apartments 28A1,Venkateshwara Nagar, 100ft bye pass Road,Velachery, Chennai,600001
Bajaj FinservOld No – 102, New No – 256, Mudichur Road, Tambaram West, Chennai600045
FullertonNo 393-A, Ground Floor, Anna Salai, Saidapet, Chennai600015
Kotak#555 Ground Floor, Anna Salai, Teynampat,Chennai600018
Indusind Bank52 Old No32 Swethambar, Bazullah Road, T Nagar, Chennai600017
ICICI BankC P Ramasamy Road, Alwarpet, Chennai, Tamil Nadu600018

Private Finance Companies available in Chennai

when your CIBIL score is low and you are not in good terms with the bank and of course you need a personal loan, could it be for a vacation with your family or a medical emergency, private financier in your region (here Chennai) could your ultimate saviour.
(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 Chennai region:

Name of the companyAddress
Magnum EnterpriseNo. 9, Ground floor, Dhamodharan Street, Kellys, Kilpauk, Chennai-600010
VPS Sons and Co.No. 8/43, Ganga Nagar 2nd cross street,Kodampakam, power house,Kodambakkam, Chennai-600022
MRM AssociatesNo. 13/7, Aishwarya Buildings, 1st floor, 3rd cross street, Trustpuram, Kodambakkam Chennai-600024
Royal TouchNo. 9/4, Bakthavatchalam street, West Mambalam Chennai-600033
Thomas-Private LoansNo. 10, Fakkiri Shaib Street, 3rd lane, Triplicane, Chennai-600005
SAR FinanceNo. 17, Gangai Amman Koil, 1st street, Vadapalani, Chennai-600026