Personal Loan Visakhapatnam – Interest Rates 2023, Apply Online
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 | 10.99% – 20.75% |
| Processing Fees | 0.99% – 3.00% |
| Pre payment Charges | Nil – 5.00% |
| Repayment Period | Upto 7 years |
| Cibil Score | Min. 750 |
| Lowest EMI | Rs. 2174 per Lakh |
Personal Loan Interest Rates in Visakhapatnam 2023
| Banks | Interest Rates | Processing Fees |
| HDFC Bank | 10.75 – 20.75% | 0.8% – 2.00% |
| ICICI Bank | 10.99 – 16.50% | 1999 to 2.50% |
| Bajaj Finserv | 11.99 – 16.00% | Upto 2.00% |
| Fullerton India | 11.99 – 26.00% | 2.00% |
| Kotak Bank | 10.50 – 17.25% | 0.99% – 2.25% |
| IndusInd Bank | 11.25% onwards | 0.5% – 2.00% |
| Standard Chartered | 11.50 – 18.00% | ZERO |
| SBI / State Bank | 11.65 – 15.05% | NA |
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 |
