What is a personal loan?
A personal loan is an unsecured loan to help with personal needs. You can borrow a personal loan in 2021 from Bank, Post Office, and other financial institutions to pay your multiple debts.
Read This:- Personal Loan Interest Rates Personal Loan in 2021
Personal Loan EMI Calculator
FAQs for Personal Loan
A personal loan is an unsecured loan to help with personal needs. You can borrow the loan from Bank, Post Office, and other financial institutions to pay your multiple debts.
All Bank Lists are above in the post
CIBIL score ranges from 300 to 900. A score of 650 and above is considered a good score to get a personal loan. Higher the credit score, the higher the chances to get the loan application approved. A personal loan for a low cibil score can be availed at a higher interest rate.
Generally, banks provide personal loans at a lower rate of interest than non-banking financial companies (NBFCs).
As of August 19, 2021, the lowest personal loan interest rate on offer is 8.45% p.a. from the Central Bank of India and UCO Bank.
You can get a personal loan for a maximum of ₹ 75,00,000 from HDFC Bank. However, the maximum loan amount varies for lenders and customers because it depends on your eligibility.
Yes, you can get a personal loan without a salary slip, if you hold a bank account or salary account in the same bank as it contains all your ITR records.
Most of the banks offer up to 5 years as a personal loan maximum tenure. Although some banks offer 7 years to the customers.
Disclaimer:- Interest Rates are subject to amendments from time to time.
For any query or complaint mail at [email protected]
Follow on Twitter | Like on Facebook
Follow on Instagram | Join on Telegram or Search @filingreturn