Personal Loan Delhi

Personal loan is an unsecured loan not backed by any collateral. You need urgent money, you have a good earning then you can apply for this loan. This type of loan is offered to salaried and self employed individuals who have previous good credit. Plan your holiday, child education, marriage, buy the latest lifestyle gadgets, just relieve from a temporary cash crunch.


The major personal loan providers in the market are Hdfc, Citibank, Standard Chartered, Axis Bank, The public sector banks like Sbi, Bob, Pnb they do not take risk in offering unsecured business, though they offer to those who have government jobs.


It does matter while opting for a personal loan. Most of the banks offer loans to the salaried individuals, while some offers to the self-employed also. During festive time some lenders offer special personal loan packages as the people want more money during the festival time.


You may not be good at any calculation of interest rates and the EMIs which suit your income. Our loan experts guide you best to choose the lenders as we have a great deal with the major loan lenders of the market.


First check the interest rates of each bank and compare the rates. Usually the interest rate varies from 12% to 25%. You must choose the minimum rate. So, take the help of our loan consultants.


There are other charges which added to a loan are processing fee, prepayment penalties, and documentation fee. Check for these charges as all these increase the loan cost.

You must check the monthly equated installment (EMI) that you have to pay to the bank. It is the principal amount and interest rates on the principal equally divided across loan period.


As a loan expert we guide you which loan can suit your financial requirements. We can offer you an alternative option. Take the service of Delhiloanbazaar and get the best personal loan deal.


Benefits:

  • *Wide range of product to choose.
  • *Doorstep service at your comfort.
  • *Zero charges – No extra charges, fees or commissions to you.
  • *Simple procedure, minimal documentation and quick approval.
  • *Attractive interest rates.
  • *Expert advice on your needs and suitability.
  • *Provide transparency and rapid decision making, with no confusion.
  • *Compare prices and Features of various banks/ insurers.
  • *Calculate your Emi , Eligibility , Life cover and so on.
  • *Provide comprehensive choice than any of our competitors.
  • *Quick and transparent processing.

Eligibility

Every customer’s eligibility is different. Access your eligibility with our simple calculator.

  • *To qualify for a loan you must be An Indian resident.
  • * You must be at least 24 years of age at the commencement of the loan.
  • * The loan must terminate before or at 65 years of age.
  • * You must be self-employed or professionals with a regular source of income.

Documents

Salaried Customers Self Employed Professionals Self Employed Non Professional
Application form with photograph signed by applicant Application form with photograph signed by applicant Application form with photograph signed  by applicant
Identity, residence and age proof Identity, residence and age proof Identity, residence and age proof
Vat registration copy
PAN card copy of the applicant PAN card copy of the applicant PAN card copy of the applicant
Last 3 months Salary-slips Education qualification certificate and proof of business existence Proof of business existence
Form 16 / Income Tax Returns Last 3 years Income Tax Returns with computation of Income Business profile
Last 3 years Income Tax Returns with computation of Income
Last 6 months bank statements Last 3 years CA Certified / Audited Balance Sheet and Profit & Loss Account Last 3 years CA Certified/ Audited Balance Sheet and Profit and Loss Account
Last 6 months bank statements Last 6 months bank statements (self and business)
Banks/Rates Personal Loan Interest Rates
Rates Processing Fees
Negotiable
ICICI Bank 14% to 18% 2%
HDFC Bank 14% to 22.5% 2%
Kotak Bank 14% to 18% 2%
Fullerton India 18% to 30% 2%
Bajaj Finserv 14% to 18% 2%
Citi Bank 14% to 18% 2%
Standard Chartered Bank 15% to 20% 2%
Loan Rates are subject to change according to the bank.


Process


Step 1 – Choose the lenders.

Step 2 – Determine your Loan Eligibility .

Step 3 – Get ready all your required documents.

Step 4 – Apply for Loan by filling the application form with all requisite documents.

Step 5 – Verification -The lender will verify the information and documentation provided by you along with checking your credit history. The lender can also ask for additional documents.

Step 6 – After verification and credit check lender calculate your eligibility and get the loan Sanction.

Step 6 – Once loan get sentioned lender issue a loan agreement with all terms and conditions.

Step 6 – Applicant sign the loan agreement and give post-dated cheque or ecs for repayment.

Step 6 – Disbursal of loan.


Delhiloanbazaar offers personal loans in delhi to those individuals and professionals who have urgent need of money. if you have a past good credit record and have out of money to expend in buying luxury lifestyle gadgets, marriage planning or to plan a holiday then you can avail the services of personal delhi loan from delhi loan bazaar.


Our personal loan experts guide you to grab best personal loan delhi deal according to your needs and investment. You must choose the minimum package.our guides also helps and work for your processing fee, post payment penalties and to prepare your documents. We offers simple loan procedures ,attractive interest rates and transparent pricing.


Testimonials

By Deepak Kumar on November 16, 2013, 12:13 am
Very helpful details available for loan good one site

By Pankaj Sharma on June 23, 2013, 6:14 pm
I was able to understand how much Home loan i can get and what are best options- Thanks

By Simran Sharma on May 27,2013, good service

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