• Custom Free
     

    Custom quote

  • Ahmedabad Personal Loan

    Loading your search...
  • With all major banks in the city, getting a personal loan at attractive interest rates in Ahmedabad is as easy as it gets! Ahmedabad is one of the major cities not only in Gujarat, but in India. As such, it is home to some of the biggest and best banks and financial institutions in the country. With interest rates starting from just 10.99% and flexible repayment tenures, you can avail a personal loan in Ahmedabad with utmost ease.
    More
    We found 17 Ahmedabad Personal Loan
    Bank Name
    Interest Rate Range
    Processing Fee Range
    Loan Amount
    Tenure Range
    10.75% - 21.45% Fixed
    Up to 2.5% One time fee
    40L Max
    1-5 years
    Ad 100% PAPERLESS APPROVAL
    What you'll love
    Documents
    Perks
    Fees & Charges
    Good to Know
    Eligibility Criteria
    Customer Reviews
    10.50% - 17.99% Fixed
    0.50% - 3.00%
    30L Max
    1-5 Years
    Ad Accelerated Approval
    What you'll love
    Documents
    Perks
    Think about
    Fees & Charges
    Good to Know
    Customer Reviews
    25.00% - 32.00% Fixed
    3.00% + taxes One time fee
    75K - 5L
    Upto 4 years
    What you'll love
    Documents
    Perks
    Think about
    Fees & Charges
    Eligibility Criteria
    10.99% - 15.49% Fixed
    0 Bankbazaar Exclusive
    20L Max
    1-6 Years
    100% PAPERLESS APPROVAL
    What you'll love
    Documents
    Perks
    Fees & Charges
    Good to Know
    Eligibility Criteria
    Customer Reviews
    18.00% - 36.00% Fixed
    2% - 3% + taxes One time fee
    1L - 5L
    Upto 5 years
    Only KYC docs required
    What you'll love
    Documents
    Perks
    Think about
    Fees & Charges
    Good to Know
    11.99% - 25% Fixed
    3%- 6% One time fee
    25L Max
    1-5 Years
    100% PAPERLESS APPROVAL
    What you'll love
    Documents
    Perks
    Think about
    Fees & Charges
    Eligibility Criteria
    13% - 30% Fixed
    0 Zero Processing Fee
    2L Max
    0 - 4 Years
    What you'll love
    Documents
    Perks
    Think about
    Fees & Charges
    Good to Know
    Eligibility Criteria
    10.50% - 16.99% Fixed
    Up to 2.5%
    25L Max
    1-5 years
    100% PAPERLESS APPROVAL
    What you'll love
    Documents
    Perks
    Think about
    Fees & Charges
    Good to Know
    Eligibility Criteria
    Customer Reviews
    11.00% - 16.75% Fixed
    0 Bankbazaar Exclusive
    25L Max
    1-5 years
    100% PAPERLESS APPROVAL
    What you'll love
    Documents
    Perks
    Think about
    Fees & Charges
    Good to Know
    Eligibility Criteria
    Customer Reviews
    16.5%-20% Fixed
    Up to 2% or minimum ₹2,000 (whichever is Max) One time fee
    15L Max
    1-5 Years
    What you'll love
    Documents
    Perks
    Think about
    Fees & Charges
    Good to Know
    Eligibility Criteria
    16% - 28% Fixed
    2% - 5%
    50K - 7.5L
    1-4 Years
    100% PAPERLESS APPROVAL
    What you'll love
    Perks
    Think about
    Fees & Charges
    Eligibility Criteria
    23% Fixed
    2% + Taxes
    10L Max
    1 - 2 Years
    What you'll love
    Documents
    Perks
    Think about
    Fees & Charges
    Eligibility Criteria

    Ahmedabad is a prominent city in the state of Gujarat, which used to be the capital of the state. This city is a leading commercial centre of the state with several trading and commerce activities. It is a business district that has leading institutions related to information technology, education, scientific research, culture, etc.

    The residents of this city have good access to banks and non-banking financial companies (NBFCs) for financial products and services. If you are looking for a personal loan, you can choose a bank or an NBFC as your lender and get a good loan deal at an attractive interest rate.

    Personal loans can be availed with minimal documentation within just a few hours. All you need to do is meet the most basic eligibility criteria, and you will most likely receive your personal loan amount without any difficulty. You can apply for personal loans online or by visiting your lender’s branch.

    Documentation needed to apply for an Ahmedabad Personal Loan

    • 1. Photo ID and age proof
    • 2. Signed application form with photograph
    • 3. Residence proof
    • 4. Last 6 months bank statement
    • 5. Documentation for salaried applicants:
      • Last 3 months salary – slips
      • Form 16 or Income Tax Returns
    • 6. Documentation for self-employed applicants:

      • Last 3 years Income Tax Returns with computation of Income
      • Last 3 years CA Certified / Audited Balance Sheet and Profit & Loss Account

    Ahmedabad Personal Loan Interest RatesUpdated on 24 Oct 2019

    Ahmedabad Personal Loan Details
    Interest Rate (Monthly reducing balance) 13.49% - 34%
    Processing Fees 0.5-2.5%
    Loan Tenure 1 year to 5 years
    Pre-closure Charges 2% - 5%
    Guarantor Requirement No guarantor required

    Personal Loans offered by Various Lenders in Ahmedabad

    Let us take a look at some of the leading lenders that provide personal loans in the city of Ahmedabad:

    • Dena Bank
    • United Bank of India
    • State Bank of India (SBI)
    • Kotak Mahindra Bank
    • City Union Bank Ltd
    • Indian Overseas Bank
    • Punjab National Bank
    • Axis Bank
    • ING Vysya Bank
    • Abhyudaya Cooperative Bank Limited
    • Canara Bank
    • IDBI Bank
    • ICICI Bank
    • Rajkot Bank
    • Bank of Baroda
    • Indian Bank
    • Bajaj Finserv
    • UCO Bank
    • Vijaya Bank
    • Central Bank of India
    • Bank of Maharashtra
    • J & K Bank
    • GM National Bank for NABARD
    • Allahabad Bank
    • Yes Bank
    • Dhanlaxmi Bank
    • Dena Gujarat Gramin Bank
    • Madhavpura Mercantile Co-operative Bank Limited

    Personal Loan Interest Rates in Ahmedabad 2018

    The following table shows the interest rates for some of the banks that offer personal loans in Ahmedabad:

    Bank Interest Rate Range Processing Fee Range Loan Amount Tenure
    Bajaj Finserv 13.99% p.a. 2.25% to 3% of the loan amount Up to Rs.25 lakh 12 months to 60 months
    YES Bank 14% p.a. Information not provided. Rs.2 lakh to Rs.20 lakh 1 to 5 Years
    J & K Bank (Consumer loan) Up to MCLR + 3.50% p.a. Nil Up to Rs.75,000 with up to 12 times your net monthly salary Up to 60 months
    Bank of Maharashtra 1 year MCLR + 4.00% p.a. 1% of your loan amount with a minimum of Rs.1,000 Up to Rs.1.50 lakh Up to 36 months
    Vijaya Bank Up to 13.50% p.a. 0.75% of your loan amount along with the GST Up to Rs.10 lakh Up to 60 months

    Salary requirements to avail Personal Loans in Ahmedabad

    If you are a salaried employee, your monthly income will need to be at least Rs.15,000 or higher. The minimum salary requirement will differ from lender to lender. If you are a self-employed applicant, then your business should have earned a profit of at least between Rs.1 lakh and Rs.2 lakh on an annual basis.

    Ahmedabad Personal Loan FAQs

    1. Will I get a personal loan in Ahmedabad if my credit score is lower than 750?

    Even with a credit score of 750 and above, there is no proper assurance that your loan application will be accepted. However, if your credit score is lower than 750, you could try some alternative ways of getting your loan approved. You could furnish a collateral to assure your lender that you will repay your loan promptly. If you are earning a high income, you could show your income proof to ensure that you will be able to pay this loan without any struggle albeit your low credit score. You could also include the income of your spouse to improve your eligibility.

    2. Will I have to get in touch with any middleman to apply for a personal loan?

    No, you do not need any middleman to get a personal loan. It is very simple to apply for a personal loan. You can visit the official website of your lender or a third-party financial website. You could also visit a branch of your lender.

    3. Do I have to pay any additional fee or charge for availing a personal loan?

    You will most probably have to pay a processing fee while applying for your loan. This is a one-time fee.

    4. What are the types of interest rates charged for personal loans?

    You can choose from fixed or floating/variable interest rates for your personal loans. Fixed interest rates will remain fixed throughout your loan tenure and floating or variable interest rates will change as per fluctuations in the benchmark rates.

    5. If I am an existing customer of a bank and if I apply for a personal loan from the same bank, will I get a preferential rate of interest?

    This will depend on your lender. If you have a salary account or any other account with a particular bank, you may get a low rate of interest as you already have an existing relationship with your lender. Make sure you check with your lender about this special interest rate before you apply for their loan.

    A GST rate of 18% will be applicable on banking services and products from 01 July, 2017.

        

    Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. Display of such IP along with the related product information does not imply BankBazaar's partnership with the owner of the Intellectual Property or issuer/manufacturer of such products.

    Ahmedabad Personal Loan Reviews

    • IndusInd Bank Personal Loan
      "Good Service"
      0.5 2.0/5 "Expected more"
      I have taken personal loan directy through Home Credit India Finance Private Limited .The rate of interest was high since had requirement taken this loan .I have got all the required information about the loan process very clearly through the agent.While submitting the documents there was no difficulties faced .
      Was this review helpful? 0
      , ahmedabad
      Reviewed on Oct 17, 2019
    • Fullerton
      Fullerton Personal Loan
      "Good Service"
      0.5 1.0/5 "Really Bad"
      I have applied for Fullerton personal loan through Online .I have got all the required information about the loan process through the agent .I have submitted the required documents after that there was no issues .The rate of interest was nominal ,I have not got any update once submitted the required documents .I am satisfied with the service.
      Was this review helpful? 0
      , ahmedabad
      Reviewed on Oct 17, 2019
    • Ujjivan Bank Personal Loan
      "Good"
      0.5 5.0/5 "Blown Away!"
      I had applied personal loan from UJJIVAN SMALL FINANCE BANK LTD. I received the money on time but loan amount was not sufficient, I was expecting more. Their rate of interest was nominal. Customer service is good, they are supportive and response was good.
      Was this review helpful? 1
      , ahmedabad
      Reviewed on Oct 16, 2019
    • HDFC Bank Personal Loan
      "Delayed customer service"
      0.5 1.0/5 "Really Bad"
      I have required amount very soon but the services from HDFC BANK was very slow so I have arranged the money from other source. They did not tried calling me when I have applied for the personal loan. Hence have cancelled this loan since my need has been fulfilled.
      Was this review helpful? 0
      , ahmedabad
      Reviewed on Oct 16, 2019
    • Citibank Personal Loan
      "Good experience"
      0.5 5.0/5 "Blown Away!"
      The interest rate could be lesser but according to me, it was okay and I have compared with other banks also. I think, Citi Bank has charged me a processing fee of 2500rupees. I have applied for 5L and they have sanctioned the same amount. The documentation process was very good.
      Was this review helpful? 2
      , ahmedabad
      Reviewed on Oct 11, 2019
    • EDELWIESS Personal Loan
      "Good"
      0.5 4.5/5 "Excellent!"
      I applied personal loan from EDELWEISS RETAIL FINANCE LIMITED. They are charging high rate of interest. I had received the loan on time but the amount is no sufficient. I had submitted my documents to their executive and verification was done on time.
      Was this review helpful? 0
      , ahmedabad
      Reviewed on Oct 08, 2019
    • HDFC Bank Personal Loan
      "Good"
      0.5 4.0/5 "Great!"
      I have applied for a personal loan with HDFC Bank online. I was out of town so I was unable to submit my papers. I guess that's they reason why they had closed my application. HDFC Bank customer service is pretty good, they had given clear information. Rate of interest was also very much nominal.
      Was this review helpful? 2
      , ahmedabad
      Reviewed on Oct 05, 2019
    • HDFC Bank Personal Loan
      "Excellent Service"
      0.5 5.0/5 "Blown Away!"
      I have applied for HDFC Bank personal loan through Online.I have not availed this loan since there was no proper response and callback from bank end .I have got all the required details about the loan process .There was no difficulties faced with rate of interest .I am totally satisfied with the service .
      Was this review helpful? 0
      , ahmedabad
      Reviewed on Oct 04, 2019
    • Fullerton Personal Loan
      "Average Service"
      0.5 5.0/5 "Blown Away!"
      I have applied for Fullerton personal loan through Online .I was unable to avail this loan since documents was not there and also the rate of interest was high.The agent gave all the details about the loan process.There was proper response and update from Fullerton end.
      Was this review helpful? 0
      , ahmedabad
      Reviewed on Sep 29, 2019
    • HDFC Bank Personal Loan
      "not satisfied"
      0.5 3.0/5 "Satisfactory"
      When I got a call from online channel, they have informed to me that executive will come to collect the documents and nobody turned up which am not happy. I did not have any number to connect with HDFC BANK. I have uploaded the documents online also.
      Was this review helpful? 0
      , ahmedabad
      Reviewed on Sep 28, 2019
    • Citibank Personal Loan
      "Better Loan service"
      0.5 2.0/5 "Expected more"
      I have filled up all the details in online and the loan process was not successful. I have submitted all my documents also after that i haven't received any calls from the CITI bank people. Its not a good experience for me. There is a rate of interest of 15%. Totally, I'm pissed of their services.
      Was this review helpful? 1
      , ahmedabad
      Reviewed on Sep 26, 2019
    • Fullerton Personal Loan
      "Best Service"
      0.5 3.0/5 "Satisfactory"
      I have appled for Fullerton personal loan through Online .I i have not availed this loan since there was no requirement and the rate of interest and the processing fee was very high as well.The agent gave all the information about the loan process,There was proper acknowledgement and follow up as well .
      Was this review helpful? 0
      , ahmedabad
      Reviewed on Sep 25, 2019
    • Tata capital Personal Loan
      "Excellent"
      0.5 5.0/5 "Blown Away!"
      I had applied for personal loan from TATA Capital online. Their rate of interest was little higher than other banks. My documents were submitted online they executive had done the verification. TATA Capital customer service was very good.
      Was this review helpful? 0
      , ahmedabad
      Reviewed on Sep 21, 2019
    • Tata capital Personal Loan
      "Good Service"
      0.5 4.0/5 "Great!"
      I have applied for Tata Capital Ltd personal loan through Online .I have not taken this loan since had Home renovation work .I have got all the required details about the loan process through the agent .There was no documents submitted and there was no issues with rate of interest and processing fee .
      Was this review helpful? 0
      , ahmedabad
      Reviewed on Sep 19, 2019
    • HDFC Bank Personal Loan
      "Best Service"
      0.5 5.0/5 "Blown Away!"
      I have applied for HDFC Bank personal loan through Online .I have got all the required information about the loan process.I have not submitted any of my documents .There was proper callback and follow up from bank end .Other than that there was no difficulties faced . I have not availed this due to credit score .
      Was this review helpful? 0
      , ahmedabad
      Reviewed on Sep 19, 2019
    • HDFC Bank Personal Loan
      "Excellent"
      0.5 5.0/5 "Blown Away!"
      I had applied for HDFC Bank personal loan where the rate of interest was very high of 15% but I had told HDFC Bank to decrease the rate of interest for below 10% but they denied, so I had planned to dropped the HDFC Bank personal loan application.
      Was this review helpful? 0
      , ahmedabad
      Reviewed on Sep 19, 2019
    • HDFC Bank Personal Loan
      "Excellent"
      0.5 5.0/5 "Blown Away!"
      I had applied for HDFC Bank personal loan where my application was been closed due HDFC Bank people had asked me to provide salary slip but in my office I don't get salary slip, so due to that they had closed my application but their should be alternate options to apply.
      Was this review helpful? 0
      , ahmedabad
      Reviewed on Sep 18, 2019
    • Tata capital Personal Loan
      "Loan Letter should be sent on time"
      0.5 4.0/5 "Great!"
      My personal loan experience with Tata Capital is good but I haven't received the loan letter from their end, they should send it pro actively. I took the loan amount of Rs. 2 lakhs for the duration of three years, the rate of interest is reasonable as per the market. They do have foreclosure and part payment option hence I am fine with it.
      Was this review helpful? 0
      , ahmedabad
      Reviewed on Sep 15, 2019
    • Citibank Personal Loan
      "Rate of interest should be affordable"
      0.5 4.0/5 "Great!"
      First time my CITI bank loan application got closed then the bank directly approached me. Their field executive walked in to my place and done the paper work and within a week time they disbursed the loan amount. But I guess rate of interest is bit higher as compared to others it can be reasonable.
      Was this review helpful? 0
      , ahmedabad
      Reviewed on Sep 15, 2019
    • HDFC Bank Personal Loan
      "Excellent Service"
      0.5 4.0/5 "Great!"
      I have applied for HDFC Bank personal loan through Online .I have not taken this loan since looking for the loan amount of less than 50,000 it was not sanctioned hence dropped the plan.I have submitted my documents also ,The agent gave all the information about the loan process .I am totally satisfied with the service.
      Was this review helpful? 0
      , ahmedabad
      Reviewed on Sep 14, 2019
    Common Loader Icon
    reTH65gcmBgCJ7k
    This Page is BLOCKED as it is using Iframes.