Personal Loan Visakhapatnam | Interest Rates 2019 | EMI | Documents | Apply

Apply Personal Loan in Visakhapatnam – Instant E-approval, Special Offers, Best Personal loan interest rates and lowest EMI from all major banks in Visakhapatnam such as SBI, HDFC Bank, Citibank, Axis bank, Fullerton India, Bajaj Finance Standard Chartered.

Personal Loan Visakhapatnam details:

Interest Rates 11.50% – 26.00%
Processing Fees 0.99% – 3.00%
Pre payment Charges Nil – 5.00%
Repayment Period Upto 7 years
Cibil Score Min. 750
Lowest EMI Rs. 2199.26 per lac
Apply for Personal Loan
I authorize Deal4loans.com & its partnering banks to contact me to explain the product & I Agree to Privacy policy and Terms and Conditions.

Personal Loan Interest Rates in Visakhapatnam 2019

Banks Interest Rates
HDFC Bank 10.99 – 20.75%
ICICI Bank 10.99 – 16.50%
Bajaj Finserv 11.99 – 16.00%
Fullerton India 14.00 – 33.00%
Kotak Mahindra 10.99 – 17.25%
IndusInd Bank 12.99 – 20.00%
Standard Chartered 12.00 – 17.00%

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 1.5 – 2.00% 5.00%
HDFC Bank 0.8% – 2.00% 4.00%
Fullerton India 2.00% Upto 7.00%, 0% after 3 year
Standard Chartered Up to 1% Upto 5.00% of loan amount

Documents requirement for Personal Loans Visakhapatnam:

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.

About Visakhapatnam:
Visakhapatnam has developed into a major economic destination. It has all the sectors like Industrial, Fishing, IT, Pharma, Export & Imports by Sea trade etc. The city was identified as one of the fastest-growing in the world, economically and demographically. Several factors contributed to its economic growth, including the natural harbour, rail, road and air connectivity to national and International destinations. Tourism also plays an important role in generating revenue to the state of Andhra Pradesh, with many tourist spots in and around the city, attracts large number of tourists.

There are many SEZ’s & industrial corridors such as, VSEZ, APSEZ, APIIC, Aganumpudi Industrial Park, Visakha Dairy, JNPC, Brandix Apparel City etc., are located in and around the city.

List of Bank Branches for apply personal loans in Visakhapatnam

Bank Address Pincode
Axis Bank Door No. 26-1-2/5, Padmasree Arcade, Main Road, Chinagantyada, NH-5, Gajuwaka, Visakhapatnam 530026
Bajaj Finserv D.No-50-81-70/5, 1st Floor, Aditya Complex Dondaparthy, Visakhapatnam, Andhra Pradesh 530016
HDFC Bank Beside Kalaniketan Shopping Mall, Polturi Castle, Ground Floor 47 – 14 – 9 Dwaraka Nagar, Visakhapatnam, Andhra Pradesh 530016
ICICI Bank 47-14-18, Isnar Satyasri Complex, Ramatalkies Rd , Main Rd, Dwaraka Nagar, Visakhapatnam, Andhra Pradesh 530003
Indusind Bank AS Raja Complex, Waltair Main Road, Ramnagar – 530002 530002
Kotak D.No. 10-1-8, Landmark Building, CBM Compound Rd, Waltair Uplands, CBM Compound, Opposite Right Road, Asilmetta, Visakhapatnam, Andhra Pradesh 530003
Tata Capital 8-1-7, Aakruti apartments, Balaji Nagar, Waltair Main Road, Visakhapatnam 530003
Fullerton D. No 47-11-5, First Floor, Mohan Arcade, 1st Ln, Dwaraka Nagar, Visakhapatnam, Andhra Pradesh 530016