The economy of Nagpur has recovered from past slowdowns. The regional office of Reserve Bank of India has increased the importance of this city for the banking sector.
Most of the people in Nagpur belong to salaried class so at the time of purchasing consumer durables they also become perplexed to meet deficit in their monthly budget. To achieve their preferred objective they need to visit banks to sanction a personal loan.
Personal loan are also common for home renovations and medical emergency. Marriage, festivals and celebrations are other occasions for which personal loan are preferred in Mumbai.
A new trend has been developed among the citizens to reach out to places in India and abroad. A mushroom growth of travel companies has accelerated the trend that eventually resulted an extra burden to our pocket. At this moment of time, personal loan becomes the only option to meet this inviting excursion tour.
An enticing excursion tour has also added an extra burden to outflow. At this moment of time, personal loan becomes the only option to meet this expenditure.
|Banks||Rate of Interest||Processing Fee||Loan Amount||Prepayment Charges||Disbursal Time||Part Payment Option|
|Yes Bank||10.45% - 16.99%||Upto 2%||Rs.100,000 - Rs.20,00,000||Nil Above 7.5Lacs||48 Working Hours||No|
|Kotak Bank||10.50% - 16.99%||0.99% - 2.5%||Rs.100,000 - Rs.20,00,000||Zero (if loan Amount is more than 10 lakhs) Else 5%||3 - 4 working days||Yes|
|HDFC Bank||10.75% - 13.45%||upto 3999 + GST||Min. 50,000 Max. as per eligibility||Nil (For Loan amount>10 lakhs and 12 EMI paid), else 4%||3 - 4 Days||No|
|ICICI Bank||11% - 17.50%||Rs.999 for Special offers otherwise 1% - 2.5%||Rs.50,000 - Rs.20,00,000||Nil (For Loan amount >10 lacs & 12 EMI paid), else 5%||3 - 4 working days||No|
|Citibank||11.49% to 16.50%||Upto 2.0% + 0.5% (waiver on PF)
Special surprise gift from Citi Bank
|Rs.1,00,000 - Rs.30,00,000||Upto 3%||48 hours||Yes|
|Bajaj Finance||11.99% - 16%||Upto 2%||Upto Rs.25 Lacs||Upto 4% post 1st EMI clearance||Approval In 48 Hours||Yes|
|Tata Capital||11.99% - 17%||Rs.999-2.50%||Rs.75,000 - Rs.15 Lacs||Part Prepayment Charges: Nil (Allowed Post 6 months, Once a year, 25% of Principal Outstanding)||Loan disbursement in 3-4 days||Yes|
|Fullerton India||11.99% - 26%||2%||Rs.50,000 - Rs.15,00,000||Upto 7.00%, 0% after 3 years||2-8 days||No|
|IndusInd Bank||12.99% - 20%||0.5% -2%||Rs.1,00,000 - Rs.25,00,000||4%||4 working days||No|
|Standard Chartered||14.00% - 21.00%||2.00% for salaried, 2.50% for self employed||Rs.1,00,000 - Rs.50,00,000||Upto 5%||3-4 Working days||Yes|
|HDB Financial Services||16% - 21%||up to 2%||Rs.100,000 to Rs.15,00,000||Nil for Selected Corporates Employees (CAT A & B).
4% For Rest
|2 days - 7 days||No|
Why to Choose Personal loans in Nagpur with deal4loans.com
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.
List of Major Bank Branch Address for Personal loans in Nagpur:
|ICICI Bank||10.99 - 16.50%|
|Kotak Mahindra||10.99 - 17.25%|
|Standard Chartered||11.50 - 18.00%|
|HDFC Bank||10.99 - 20.75%|
|Bajaj Finserv||11.99% onwards|
|IndusInd Bank||12.99 - 20.00%|
|SBI||12.90 - 16.55%|
|Tata Capital||10.49 - 19.00%|
|Fullerton India||11.99 - 26.00%|