Personal loan providers in Delhi

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Welcome to Personal Loans in Delhi


In a big capital city like Delhi where the chances of growth are very high, the expenses are similarly higher than any other city of the country. People of Delhi have to struggle harder in order to maintain their standard of living. In this attempt sometimes they get into financial crisis as well. Different occasions like marriage or any other medical emergency, we all require some immediate money. If you have some savings available in your bank account, then surely you will deal with this need of money without any problem. But what if, there is no saving in your bank account? That time personal loan in Delhi can definitely be your companion who will guide you a right way to have instant funds.

Personal loan in Delhi is being provided by major personal loan banks in Delhi to meet all your financial needs. The process becomes simple, quick and easy if you apply personal loans Delhi through some personal loan agents in Delhi. Loans are provided to all kinds of people, including self-employed, business people and other individuals based on their financial capability. Personal loans in Delhi prove as an instant solution for many people in the middle class sector to overcome any kind of financial situations. The personal loan agents in Delhi will help you avail the loan to your maximum eligibility with minimal documentation and reduced processing charges.

Get Quick Personal Loans in Delhi

The Capital of India, Delhi is one of the most important cities in India and also home to the largest retail industries along with many telecommunication, hotels, IT, media and tourism industries. Since Delhi is home to many kinds of industries has powered many major banking institutions to set up their base in Delhi and also offer personal loan in Delhi at lowest personal loan interest rate in Delhi. This is being welcomed by a lot of residents in Delhi and are availing loans at very lower rates than other states. Since, Delhi houses the parliament, the Prime Minister of India and the President of India along with many cabinet ministers and ministers of state, all banks leaves no stones unturned in providing the loans in the easiest and quickest possible way as possible.

Personal Loan Agents in Delhi

People looking for Personal Loan in Delhi can seek help of various personal loan agents in Delhi as they have certain links with major personal loan banks in Delhi to speed up the process of approval and also helping you throughout the loan application process till you get the cheque in your hand. It is mostly a hassle free way of applying loan, or else you need to sweat out to provide all documentation without missing any and following up with the bank representatives constantly which could cost a lot of time and effort from your side when applying personal loans Delhi directly.

How to Apply?

Applying for personal loans Delhi across major personal loan providers in Delhi is pretty simple:

Please make sure to check all kinds of terms and conditions in your loan agreement, your interest rate, documentation charges and processing fees, before taking a personal loan in Delhi.

Personal loan Delhi offers personal loan from various banks like HDFC Bank, ICICI Bank, Axis Bank, Standard Chartered Bank, Kotak Mahindra Bank, Indus ind Bank, ING Vysya Bank, Bajaj Finance, HDB Finance, Fullerton India etc. Personal loan Delhi does not provide any loans, but we do forward your requirements to the respective bank and help you to get the loan as early as possible.

Required Documents

Documents required to process personal loan for SALARIED professionals

  • Identity proof
  • Current residence Proof/permanent address proof
  • Salary Slips for 3 months
  • 6 months Bank statements
  • Appointment letter and proof of work experience.
  • Photograph and PAN Card xerox

Documents required to process personal loan for SELF-EMPLOYED

  • Identity proof
  • IT Returns CA certified copies for 2 years complete set
  • Business Continuity/existence proof 3 years old
  • Education proof
  • Partnership Deed & other mandatory documents
  • Balance Sheets

Personal Loan Eligibility

Eligibility to apply Personal Loan in Delhi

  • 21 years of Age
  • Less than 65 years
  • Salaried or Self-employed with all documents
  • Minimum income required is Rs 17,500/month
  • Max. Loan is upto 30 lakhs
  • Other Loan EMI's will lower your eligibility

Latest Rate of interest

Personal Loan Delhi Latest Interest Rates

  • Interest Rate (Monthly reducing balance) : 13.49% - 32%
  • Processing Fees : 0.5-2.5%
  • Loan Tenure : 1 year to 5 years
  • Pre-closure Charges : 0% - 5%
  • No guarantor required - This is unsecured personal loan

Current Month OffersNew

Personal Loan offers (May-2016) - Personal Loan offered by various banks in Delhi

HDFC Bank personal loan delhi offers for the month of May-2015

Rate of Interst - 13% Processing Fee - 0.80 if salary >= 50K NTH : Rs 1000/-
This personal loan offer is exclusively for the following companies:

Tata Consultancy Services (TCS), Congnizant Technology Solutions India Pvt Ltd, HCL Technologies LTD/HCL Comnet, Capgemini India Pvt Ltd, Oracle Group, JP Morgan Services India Pvt Ltd, Acceture Services Pvt Ltd, Wipro Group, BA Continuum India Pvt Ltd, Infosys, IBM India, Mahindra Group

Axis Bank personal loan delhi offers for the month of May-2016

Salary 25k to 50k Salary 50k to 75k Salary > 75k
14.50% for Cat sup A / A 13.99% for Cat sup A / A 13.25% Cat sup A / A
16.50% for Cat B/CX/C/Govt 14.50% for Cat B/CX/C/Govt 13.50% for Cat B/CX/C/Govt

Citibank personal loan delhi offers for the month of May-2016

Company Name Personal Loan Rate of Interest Personal Loan Processing Fee Personal Loan pre closer charge
IBM INDIA PVT LTD 13.5% 0.25% 0%
ACCENTURE 13.5% 0% 0%
TCS 13.5% 0% 0%
CTS 13.5% 0% 0%
WIPRO 13.5% 0.25% 0%
Dell 14% 0.25% 0%
CAP GEMINI 14.25% 0% 0%
MPHASIS LIMITED 14.25% 0.5% 0%
HCL 13.5% 0.25% 0%
Honeywell 14% 0.25% 0%
Thomson Reuters 14.25% 0.25% 0%
Samsung 14.25% 0.25% 0%
Cisco 13.5% 0% 0%
Mindtree 14.25% 0.25% 0%
Ericsson 14% 0.25% 0%
Tech Mahindra 13.5% 0.25% 0%
Intel 14.5% 0.5% 0%
General Motors 14.5% 0.5% 0%

Advantages of Personal loan

Advantages of Personal loan

  • Unsecured loan: Personal loan is unsecured loans and doesn’t require any collateral security or any surety
  • Widely available: Personal loan is offered by all major public and private sector banks
  • Hassel free procedure and easy to apply: Personal loan gets quick approval and the paperwork work is also minimal. Personal loan can be applied online and it gets approved in two working days. The loan disbursement is done generally within two working days
  • Large loan amount: Personal loan amount ranges from R.50, 000-Rs.30 lakhs which helps to cater large requirements
  • Flexible loan tenure: The tenure of personal loan ranges from 12 months-60 months which is quite long
  • Flexible usage of funds: Personal loan can be used freely for any personal use. The banks are only interested in the repaying capacity of the borrower


Frequently Asked Questions

What is a Personal Loan?

Personal loan is a loan which is taken for immediate personal use. It can be taken for any personal use like for a vacation, marriage in the family, sudden medical expenditure etc. Personal loan doesn’t require any collateral security or any surety and is easily available. The amount of loan ranges from Rs.50, 000- Rs. 30 lakhs with a repaying period of 1-5 years.

What is the amount of personal loan one can get?

The minimum and the maximum amount of loan vary from bank to bank and also the repaying capacity of the borrower. However the banks and the NBFC’s offer personal loan ranging from minimum Rs.1000 to maximum Rs.15 lakhs or even 30 lakhs depending on the financial status of the borrower.

What is the tenure of the personal loan?

The tenure of repayment of personal loan generally ranges from 12 months to 60 months.

What are the interest rates on personal loan?

The personal loan interest rates by each bank are calculated by their own unique classification method. The interest rates vary from 12.99% to 25% for various banks.

What are the charges applicable for personal loan?
The banks mainly charge following fees:
  • Processing fees: The processing fee varies from bank to bank. But generally is in the range of 05%-2.5%.
  • Prepayment Charges: Few banks take pre payment charges i.e. they charge if the borrower pays the loan amount before the tenure. Generally the pre payment charges are in the range of 0%-5%.
  • Cheque Bounce Charges: Few banks charge if the cheque deposited gets bounced. It is in the range of Rs.500 per cheque to Rs.1000 per cheque.
  • There are other charges like cheque swap charges, amortization schedule charges, statement of account charges, duplicate statement issuance charges etc. which is different for every bank.
What are the eligibility criteria for personal loan?

The eligibility criteria for personal loan vary from bank to bank. Banks decide the repayment capacity of the borrower on the basis of age, income, employment and work experience. The criterion is mainly based on the work profile of the borrower i.e. whether he is self employed or salaried.

Eligibility for self employed:
  • Individuals in the age group 24 years to 65 years can apply
  • Borrower should have minimum of 3 years work experience
Eligibility of salaried:
  • Individuals in the age group 21 years to 58 years can apply
  • Borrower should be with the current employer for minimum 1 year
How to choose the best personal loan?
Calculate the loan cost on the basis of interest rates and other charges of various banks:
  • Choose lowest Interest rates: The personal loan interest rates range from 12.99% -25%. One must go for the loan offering minimum interest rates.
  • Check Processing fees and other charges: When going for personal loan one must read all the charges carefully. Different banks have different processing fees ranging from 0.5%-2.5%. Many banks don’t charge pre payment penalties which is advantageous for the borrower.
  • EMIs: The monthly installments change with the tenure. If the tenure is short the EMIs are high but the interest amount is less. But if the tenure is long the EMIs are low but the interest amount is high. So one should compare the various EMIs according to the repayment capacity.
  • Check out the eligibility criteria: The banks offer personal loans on the basis of eligibility criteria and this varies from bank to bank. One should check the eligibility criteria for personal loan in various banks to get the best deals.
How to get instant online personal loan?

One can apply by filling our enquiry form or cantact form.

How much time will it take to get my personal loan approval?

Once we received your application and all the documents it will take 48 hours for loan approval.

How can i submit documents to apply online personal loan?

Once all the documents are ready, our executive will come and collect documents at your doorstep.

Where can i check my loan application status?

You can check your status with us or respective bank websites.

Compare Personal Loan Rate of Interest Delhi

Personal loan rate of interest is varying from bank to bank, but personal loan interest rate depends on your salary or income, your company category, credit score or payment history and your relationship with the bank. Before applying personal loan you need to aware of personal loan details, please refer our personal loan blog if you need more information. Compare personal loan interest rate offered by various banks.

Disclaimer: Personal Loan Delhi is not a bank, we will pass your loan requirement to concerned bank DSA. DSA team will contact you to process your loan requirement. We don't provide personal loans on our own. Data provided in our website is sourced from various banks websites to help customers to understand personal loan procedure.