Top private banks and NBFC for personal loans
Posted by Ajit samal on March 30th, 2020
Dozens of public and private sector banks and NBFCs offer personal loans for customers across the country. A personal loan can be used for varied reasons like medical expenses, higher education, foreign trip, home repair and business investment. While multiple private sector lenders offer personal loans in India, here are top lenders that offer personal loans at most favourable terms like lower interest rates, flexible repayment tenure and higher loan amount.
HDFC Bank personal loan
HDFC Bank is one of the premier Indian banks. It has pan India presence with bank branches and ATMs. People can find out their eligibility within one minute using HDFC Bank personal loan eligibility calculator. HDFC Bank personal loans can be used to fulfil various financial needs such as cost of your wedding, funds for an emergency, medical expenses or any other payments. While applying for a loan, applicants can use the HDFC Bank EMI calculator to figure out the future instalments.
Benefits of HDFC personal loan
Key features of HDFC bank personal loan
ICICI Bank personal loan
ICICI Bank is one of the largest Indian banks. The bank offers a host of banking and financial services in India and abroad. A personal loan is one of the key products offered by the bank. ICICI personal loan interest rates start from as low as 11.25% p.a.
Here are the key features of ICICI Bank personal loan:
ICICI Bank personal loans are available under different categories like a personal loan for wedding, personal loan travelling and personal loan for home renovation. While applying for a personal loan, borrowers can use the ICICI Bank personal loan EMI calculator to find out the instalment proactively.
Axis Bank personal loan
Axis Bank offers a personal loan with flexible eligibility criteria. Individuals aged as low as 21 years can apply for a personal loan from Axis Bank. Moreover, foreclosure or part prepayment charges are not applicable on the Axis Bank personal loan.
Key features of Axis Bank personal loan:
Kotak Mahindra Bank personal loan
Individuals working with government organisations and reputed private companies can get Kotak Mahindra Bank loans. You can get a personal loan up to Rs. 15 lakh for varied personal needs like wedding, child’s school fees, renovation of home, travailing etc. Kotak Mahindra Bank personal loan interest rates and other charges:
IndusInd Bank personal loan
IndusInd Bank is one of the popular ‘next-gen’ private sector banks in India. Working employees, as well as self-employed people, can apply for personal loans from IndusInd Bank. The bank extends personal loans under multiple categories, such as a personal loan for medical expenses, for education, for wedding, home renovation and personal loan balance transfer.
Loan amount from Rs. 50,000 to Rs. 25 lakh is available from IndusInd Bank. Borrowers can get the loan for a flexible term ranging from 1 to 5 years. IndusInd Bank offers free doorstep services.
Key features of IndusInd Bank personal loan
Top NBFCs for personal loans
Bajaj Finserv personal loan
Bajaj Finserv is one of the leading NBFCs in India. It offers personal loans for multiple financial requirements. A personal loan up to Rs. 25 lakh is available for a repayment tenure ranging from 12 months to 60 months from Bajaj Finserv.
Here are the key features of Bajaj Finserv personal loan:
Fullerton India personal loan amount
Fullerton India offers personal loans of different segments of customers for their several financial needs. A personal loan starting from Rs. 60,000 up to Rs. 25 lakh can be availed with very flexible eligibility criteria. Fullerton India personal loans are available for up to 60 months.
Aditya Birla Finance Limited (ABFL) personal loan
Aditya Birla Finance Limited provides a wide range of financial and wealth management solutions to customers across the country. A personal loan is one of the popular products offered by ABFL. Salaried employees can get personals for a variety of financial requirements. Aditya Birla personal loan is available up to Rs. 15 lakh at attractive interest rates.
Key features of ABFL personal loan
Also See: Personal Loans, Personal Loan, Bank Personal, 60 Months, Years, Up, Rs
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