Top 5 Personal Loans For Dell India Employees | 2021

Posted by Apoorv Chaudhary on January 8th, 2021

If you are a working employee of Dell India and seeking fund assistance then this post is strong for you. You may be contemplating that there are certain types of personal loans that are particularly designed for the staff of Dell India.

Well, without beating around the bush, let us make you aware that no financial institution launches a particular personal loan for a brand as there are millions of brands across India and the world, therefore, it is not possible for financial institutions too to launch separate loans for all of them.

However, you should also know that banks often consider extending loans to those working in a reputable and reliable entity. Therefore, if you are working in Dell India or even in any other brand, we won’t let you feel down.

Instant and smooth disbursal, bigger amount, and collateral-free features make personal loans one of the optimal financing options across India. The best fact about these loans at present is that they are currently being offered by almost every major financial institution at low rates of interest.

Here we have listed the top 5 banks that offer personal loans in India at attractive rates of interest. Let’s take a look:

Union Bank of India

Union Bank of India holds its name among the top banks when it comes to offering personal loans to employees of reputable and reliable brands. The bank offers personal loans of up to Rs. 15 lakhs to individuals to help them meet their personal financial requirements.

You can use a personal loan to fulfill any of your personal needs such as to purchase consumer durables, pay medical expenses, pay for home renovation, etc.

If you are in an emergency and lacking funds, you can apply for a personal loan from Union Bank of India as the bank disburses the loan amount instantly and you can avail of the loan with nominal documentation which is the reason why it remains on the priority in people’s borrowing option list.

The Union Bank of India offers personal loans for Dell India employees on low-interest rates starting from 8.90% p.a. and the repayment tenure can range up to 5 years.

Punjab National Bank

Punjab National Bank is another bank that offers personal loans for varying groups of individuals. Since you are seeking personal loans for Dell India employees, we consider you as a salaried individual, thus, you can apply for a personal loan from Punjab National Bank.

The bank also offers special personal loans to permanent defense staff, doctors, and pensioners who meet their respective eligibility criteria.

You can apply for a personal loan online from the official portal of Punjab National Bank and after the approval and disbursement of the loan amount into your bank account, you will have no restrictions on the usage of the loan funds; you can use the loan either for your personal or professional use.

PNB personal loan can be availed up to Rs. 15 lakhs on an attractive rate of interest starting from 8.95% and comes along the flexible repayment option which ranges from 1 year to 5 years.

Indian Bank

Since you are seeking a personal loan for Dell India employees in India, another bank that can stand out for you is Indian Bank.

Indian Bank's personal loan is extended to salaried individuals and pensioners to aid them to meet their personal expenditures such as medical bills, higher education, buy an ingenious device or household items, etc.

You can apply for a personal loan from Indian Bank at your convenience and the loan amount will get disbursed successfully after the approval of your personal loan application if you meet the eligibility criteria.

The Indian Bank personal loan interest rate starts from 9.05% p.a. although, the actual interest rate is determined as per the applicant’s profile.

State Bank of India

Undoubtedly, how this list could have completed without engaging the largest commercial bank of India – State Bank of India.

SBI renders several types of personal loans including Xpress Credit Loan, SBI Pension Loan, Xpress Elite, and pre-approved personal loans that serve the needs of varying borrowers.

You can avail of a personal loan from SBI to meet your multiple needs like business enlargement, debt consolidation, foreign travel expenditures, marriage, home repairing, medical contingency, etc.

Being an employee of a reputed brand, you can avail of the SBI personal loan at an attractive rate of interest starting from 9.60% p.a. You can apply for the loan amount of up to Rs. 20 lakhs.

Bank of Maharashtra

Last but not the least, you can get an instant personal loan from the Bank of Maharashtra. Since the bank offers personal loans to multiple categories of applicants through its core schemes like Mahabank Personal Loan, Salary Gain Scheme, Consumer Loan Scheme, etc. it can also extend the best offer on a personal loan for Dell India employees.

You can avail loan of up to Rs. 20 lakhs on attractive interest rate starting from 9.55% p.a. and choose the flexible repayment tenure of up to 84 months.

The Upshot

These banks are perfect for choosing personal loans for Dell India employees in India. Although, if you function in any other reputed and reliable organization, you may opt for these banks undoubtedly.

You can fulfill a range of personal expenditures running from planned ones like wedding celebrations and home renovation to emergency ones like medical expenditures.

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