Personal Loan Chennai
Get Quick & Easy Instant E-approval, Special Offers, Best interest rates and lowest EMI options from all major banks in Chennai.
Personal Loan Chennai Details | |
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Interest Rates | 11.49% - 26.00% |
Processing Fee | 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 |
Bank | Interest Rates |
---|---|
HDFC Bank | 11.29 - 19.50% |
ICICI Bank | 11.29 - 17.99% |
Bajaj Finserv | 11.49 - 16.00% |
Fullerton India | 19.50 - 37.00% |
Kotak Mahindra | 11.50 - 20.00% |
IndusInd Bank | 12.99 - 17.00% |
Standard Chartered | 11.99 - 15.00% |
Bank | Processing Fee | Pre Payment Charges |
---|---|---|
Bajaj Finserv | Upto 2.00% | Upto 4% post 1st EMI clearance |
ICICI Bank | 0.8 - 2.00% | 0 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 | N.A. | Upto 7.00%, 0% after 3 years |
Banks Providing Loans | ||
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SBI Personal Loan | Bajaj Finance Personal Loan | ICICI Bank Personal Loan |
Standard Chartered Personal Loan | HDFC Bank Personal Loan | Kotak Bank Personal Loan |
UBI Personal Loan | Tata Capital Personal Loan | IndusInd Personal Loan |
HSBC Personal Loan | IDBI Bank | Fullerton Personal Bank |
Axis Bank Personal Loan | Bank of Baroda Personal Loan | BOM Personal Loan |
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.