Untitled Document
Untitled Document
 
   Personal Loan
 
Whatever be the reason, you no longer need to hold yourself back., you can get instant money for a wide range of your personal needs like renovation of your Home, Marriage in the Family, , A holiday with your famil, Your child's education, Buying a Laptop or a home theatre, Medical expenses or any other emergencies


Compare personal loan offers and get best deals on personal loans in India from banks.Get Low Interest Rate Personal Loans .Get personal loans upto 20 Lakhs and upto 5 Years.Get short term and long term personal loans.Get Unsecured Personal Loan.Get Loans from Bank in india


Disclaimer:
Loan Shopee.com doesn't provide Loans on its own but ensures your information is sent to bank which you have opted for. All loans are on discretion of the associated Banks.

Read below how these factors effect your Interest rates
**
To help its customers get the best interest rates on personal loans Loan shopee has consolidated all the information regarding latest rate of interests at one place. Please keep visiting this section to get updated rates of interests on personal loans.

Apply Now
   Full Name :
   DOB :
   Mobile :
   Email ID :
   City :
   Other City :
   Pincode :
   Company Name :
   Occupation :
   Annual Income :
   Loan Amount :
  Credit Card Holder? Yes    No
I authorize loanshopee.com & its partnering Banks to call me with reference to my loan application & Agree to Privacy Policy and Terms and Conditions.
 
Banks/Rates Salaried
CAT A CAT B Others Pre-Payment
Charges
Processing Fees
Fullerton India 21% - 32% 21% - 32% 21% - 32% 4% 2%
HDFC Bank 15.75%
(for 75,000 & above salary),
16.25%
(for 50,000-75,000 salary),
17.25%
(for 35,000-50,000 salary),
19.25%
(below 35,000 salary)
15.75%
(for 75,000 & above salary),
16.25%
(for 50,000-75,000 salary),
17.25%
(for 35,000-50,000 salary),
19.25%
(below 35,000 salary)
22.25% 4% 2% if salary account in HDFC - other wise 2.5%
Citibank 16%
( upto 30,000 salary),
15%
(above 30,000 salary)

17%
( upto 30,000 salary),
16%
(above 30,000 salary)

17%
( upto 30,000 salary),
16%
(above 30,000 salary)
3% 1% - 2%
Kotak Bank 15.5% 16.5% 18%-19% 4% 2%
Axis Bank 15.50%
17% 19% - 21% Nill 1% (For Supaer CAT A)
1.50%(For CAT A)
2% (CAT B)
ING Vysya 15% , 14.5%(for Account Holder)
(for 75,000 & above salary),
15.5%, 15%(for Account Holder)
(for 40,000 - 75,000 salary),
17%, 16.5%(for Account Holder)
(for 25,000 - 40,000 salary)

15.5%, 15%(for Account Holder)
(for 75,000 & above salary),
16%, 15.5%(for Account Holder)
(for 40,000 - 75,000 salary),
17%, 16.5%(for Account Holder)
(for 25,000 - 40,000 salary)
16%, 15.5%(for Account Holder)
(for 75,000 & above salary),
16.5%, 16%(for Account Holder)
(for 40,000 - 75,000 salary),
18%, 17.5%(for Account Holder)
(for 25,000 - 40,000 salary)
4% .5% if Account Holder - other wise 2%
ICICI Bank N.A. N.A. N.A. N.A. N.A.
Standard Chartered Bank 16% - 17% 17% - 18% 19% - 22% 2%-5% 2%

Where

CAT A refers to - Top 1000 companies
CAT B refers to - Multi National Companies( MNC's )
CAT C refers to - Small companies
Non Listed refers to - Smaller companies with 100 emloyees.
Loan Surrogates refers to - Any running loan from any bank

Income : If your Income is above a certain limit, Banks believe that your chances of not paying are lesser as you have Income to pay. Income above 75 per month usually gets some discounts from all personal loan Banks.
Your Company Status : If the company you are working with is a well known corporate, the Banks feel that you are less likely to shift from your job and will result in lesser defaults.
Credit and Payment History : Banks follows Cibil scores/rating before deciding giving loans. If your payments for Credit Cards and Loans is not upto mark , you have the most likely chance of being rejected for the loan or the Bank will give you at a much higher rate.
Relationship with Bank : The Bank where you have your Salary account/Savings account is likely to pass on you to some special rate for your personal Loans or Processing fee.
Individuals Negotiating Skills : Based on your above points you can always ask Bank to give you waivers on Rates, Fees Etc.
Disclaimer: Please note that the interest rates given here are based on the market research. To enable the comparisons certain set of data has been reorganized / restructured / tabulated .Users are advised to recheck the same with the individual companies / organizations. This site does not take any responsibility for any sudden / uninformed changes in interest rates.
Banks/ Financial Institutions can contact us at customercare@loanshopee.com for inclusions or updates.
Basic Documents Required
Identity Proof : Passport/ Driving License/PAN card/ Photo credit card (with embossed Signature and last two months statement)/ banker’s sign verification (Anyone of the above)
Age Proof : PAN Card/ Passport/ Driving License / School leaving certificate/ Voter’s card/BirthCertificate/ LIC policy (only for age Proof). (Anyone of the above)
Address Proof : Passport/ Telephone bill (BSNL/MTNL)/ Electricity bill/ Title deed of property/Rental agreement/ Driving license/ Election ID card/ Photo-credit card (with last two month statements) (Anyone of the above)
Income Proof : Latest salary slip/current dated salary Certificate with latest form 16 (Anyone of the above)
Job Continuity Proof : Form 16/relieving letter/appointment Letter (for last two months) (Anyone of the above)
Banking History : Bank statements of latest 2 months/ 3 months bank passbook (Anyone of the above)

Eligibility
A number of factors are taken into account when assessing your repayment capacity. Your income, age, number of dependants, qualifications, assets and liabilities, stability/ continuity To qualify for a personal loan, the following criteria apply

  1. Applicant can be a salaried / self-employed individuals and should be a resident Indians.
  2. Professional self-employed individuals eligible for a personal loan are Doctors, Chartered Accountants, Cost Accountants, Company Secretaries, Architects, Engineers and Management Graduates.
  3. The minimum age of the Applicant / Guarantor should be 21 years for salaried and self-employed individuals.
  4. The maximum age of the Applicant / Guarantor at loan maturity should be 58 years for salaried individuals (60 years for Central Govt. employees) and 65 years for self-employed individuals.
  5. The minimum years in continuous employment / business should be 1 year for salaried individuals and 2 years for self-employed individuals.
  6. The minimum net annual income should be Rs.75,000 p.a. (including co-applicant's or applicant's income) for salaried and self-employed individuals.(Different banks Have different income criterias).
  7. The minimum stay at current residence should be 1 year for salaried and self-employed individuals
 
 
 
ABOUT
About Us
Team
 
SUPPORT
Personal Loan
Home Loan
Business Loan
Mortgage Loan
Car Loan
Real Estate
 
CONTACT
Contact us
Feed back
 
 
 
                 
Copyrights @ 2010. All Rights Reserved to Loan shopee