Personal loan is a loan that can be used by an individual for any generic purpose. Some examples of end use are: Marriage / Education /Medical emergency /Home renovation / Vacation/Holiday /Consumer goods /Consolidation of other debts
Personal Loan cannot be used for Investment in stock market, Any other speculative(high risk of loss) purposes, Illegal activities
Feature ?
• No Hidden Charges, Reasonable processing fees
• Special Offers for women borrowers/Cat A Companies
• No Security / No Collateral
• Flexible tenures upto 72 months.
• Interest Rates starts from 11.00% p.a*
Interest Rates – Personal Loan
Interest rates on any loan plays an important part so always choose the lowest one is beneficial. Personal loan interest rates for most of the banks starts from 11.49% to 22.00%. Some banks offer special interest rates to its customer on the basis of Company, Profile, Residential status, Income per month. Banks offer lowest rates to only CAT A based company employees. So have a look at major banks personal loan interest rates below
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