Allahabad Personal Loan

If you don’t have any asset to pledge against a loan in Allahabad apply for a personal loan. The top banks offers personal loans at competitive interest rates for a tenure of 1 to 7 years. Just check your eligibility and apply for the loan online.

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Check your Eligibility!

A personal loan is a kind of unsecured loan which can be used for any purpose that the borrower deems necessary. An unsecured loan is an umbrella term used for loans which do not require collateral. Banks, credit unions, and other financial institutions offer personal loans on an ongoing basis.

Documentation needed to apply for an Allahabad 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

Allahabad Personal Loan Interest Rates_{Updated on 09 Dec 2022}

Allahabad 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

Latest Personal Loan Interest Rates in Allahabad

Bank	Interest Rate
Citibank	9.99% to 14.99% (Fixed)
Standard Chartered	11.49% onwards (Fixed)
Capital First	10.49% onwards (Fixed)
Tata Capital	10.99% onwards (Fixed)
HDFC Bank	10.25% onwards (Fixed)
IndusInd Bank	10.49% to 31.50% (Fixed)
Fullerton	17.25% to 37% 11.99% onwards (Fixed)
Kotak Mahindra	10.25% onwards (Fixed)
Aditya Birla	11.5% to 13.25% (Fixed)
Bank of Baroda	10.50% to 12.50% (Fixed)
Bank of Maharashtra	9.45% to 11.80% (Fixed)
Bank of India	10.35% to 12.35% (Fixed)
Canara Bank	12.40% to 13.90% (Floating)
Central Bank	9.85% to 10.05% (Floating)
IDBI Bank	9.50% to 14.00% (Fixed) )
Indian Bank	6.50% onwards (Floating)
Indian Overseas Bank	10.80% (Fixed)
Karur Vysya	9.40% to 19.00% (Floating)
South Indian Bank	10.55% to 18.05% (Fixed)
State Bank of India	1 9.60% onwards (Fixed)
Tamilnad Mercantile Bank	14.30% to 16.30% 14.05% (Floating)
UCO Bank	8.45% onwards (Fixed)
Union Bank	8.90% to 13.00% (Floating)
Yes Bank	10.99% onwards (Fixed)

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

Important Personal Loan Pages

Personal Loans by Bank

Personal Loan Eligibility by Banks

Personal Loan Interest Rates by Bank

Personal Loan EMI Calculator by Bank

Personal Loan Customer Care by Bank

Personal Loan Status Track by Bank

Personal Loan Articles

Other Loans

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Allahabad Personal Loan Reviews

Write a Review

"Up to satisfactory"

0.5 4.0/5 "Great!"

Personal loan with Axis bank is very easy and very comfortable. When i need some extra money i approached the Axis bank and they have provided so fast. Its because of my salary account is in Axis bank, i chose them. Provided interest rate is 10%. They charged me a processing fee of 1% and i pay the EMI amount of Rs. 2500 per month for the loan amount of Rs. 50000.

Was this review helpful? 58

RAZA , allahabad
Reviewed on Mar 02, 2020
"Good Service"

0.5 4.0/5 "Great!"

I have applied for HDFC Bank personal loan through Online .I have submitted the required documents but current address proof was not accepted by bank end hence not availed this loan.The agent clearly gave all the relevant details about the loan process.

Was this review helpful? 3

PRADEEP , allahabad
Reviewed on Jan 02, 2020
"Excellent Service"

0.5 5.0/5 "Blown Away!"

I have taken HDFC Bank personal loan through Bank directly.The loan amount got sanctioned on proper time frame without any delay.There was no drawbacks faced until i have got the loan ,Each and every details about this loan was explained by the agent.I am satisfied with the service.

Was this review helpful? 3

RAJ , allahabad
Reviewed on Nov 21, 2019
"Best Service"

0.5 5.0/5 "Blown Away!"

I have applied for HDFC Bank personal loan through Online .There was no requirement for me at that time hence dropped the plan of taking this loan.The rate of interest was very high and the agent gave all the relevant details about the loan process .I have not submitted any of my documents .

Was this review helpful? 2

RAJ DEEP , allahabad
Reviewed on Nov 21, 2019
"Good"

0.5 5.0/5 "Blown Away!"

I was applied for a personal loan with HDFC bank on few months before which was processed through an online. The loan amount was sufficient for the tenure period of 3 years. The rate of interest was nominal. As of now was not interest so closed the process from my end.

Was this review helpful? 1

ALOK , allahabad
Reviewed on Oct 03, 2019
"Excellent Service"

0.5 5.0/5 "Blown Away!"

I have applied for HDFC Bank personal loan through online .I have got the details about the loan process very clearly .I have got the loan amount on time and it was sufficient as well.The service was excellent and not yet faced any difficulties so far .I am really satisfied with the service .

Was this review helpful? 1

SANDEEP , allahabad
Reviewed on Aug 06, 2019
"Good Service"

0.5 4.0/5 "Great!"

I have applied for HDFC bank Personal not yet faced any dificulties . Even i have applied with Hdfcbank directly as well. Since got the loan from hfdfc bank soon cancelled the plan of taking the loan from our end .The agent cleary explained the process as well . I have got the loan on time from HDFC Bank without any delay .Not yet faced any difficulties on submitting documents and the rate of interest and the processing fee was nominal as well .Got all the required information of the loan process .The Overall Service is Good .

Was this review helpful? 1

AVAKASH KUMAR UPADHYAY , allahabad
Reviewed on Mar 28, 2019
"Good"

0.5 5.0/5 "Blown Away!"

The rate of interest and charges are medium for the personal loan. The executive came to my place and collected the documents as well as submitted online. The process was taken for a month. I have taken for 5 years and the premium is 5553 rupees. No part payment and pre closure option.

Was this review helpful? 2

ANKUSH SATI CHANDRA , allahabad
Reviewed on Nov 08, 2018
"Needs to improve"

0.5 1.0/5 "Really Bad"

I have applied for the personal loan from HDFC bank, my loan application was closed because there was no proper follow up after the application was submitted. The customer service team did not respond and there was no call back from them to collect the documents. The rate of interest was not an issue.

Was this review helpful? 1

NAVIN KUMAR SRIVASTAV , allahabad
Reviewed on Nov 17, 2017
"Need to fulfill the customer requirement"

0.5 2.0/5 "Expected more"

The Canara bank was about to offer me personal loan but with very low loan amount, so that was the reason I haven't got the loan from canara. The interest rate is very low when compared with others banks. The customer support and the response was very prompt from Canara bank.

Was this review helpful? 5

SANJEEV SEKHAR BEURIA , allahabad
Reviewed on Oct 14, 2017
"Good services"

0.5 4.0/5 "Great!"

It was a good experience with HDFC Bank and I am happy to have taken a personal loan from them. The services was satisfactory from collection of the documents to the end of the process. The rate of interest and the processing charges, was average.

Was this review helpful? 1

MONISH SAGHIR , allahabad
Reviewed on Jan 30, 2017
"Easy to approach"

0.5 5.0/5 "Blown Away!"

I was taken personal loan earlier from HDFC, Interest rate was less compared to ICICI. Service was nominal like other banks. Everything was smooth and convenient. The auto debit system was good to make payment easily without any hassle on it.

Was this review helpful? 1

SAMPATH SEKAR , allahabad
Reviewed on Dec 29, 2016
"Not satisfied"

0.5 1.0/5 "Really Bad"

My online portal of HDFC bank, shows that I am eligible for a pre approved personal loan of 2 lakhs 75 thousands but when I approached them they are not given the loan because of the company profile. In fact, I have long time relationship with them based on the salaried account with them. They should look for the relationship of the bank and the customer than checking the company profile which is not in use.

Was this review helpful? 1

SHATRUGHAN KUSHWAHA , allahabad
Reviewed on Jun 10, 2016
"Good interaction "

0.5 4.0/5 "Great!"

HDFC Bank has offered me a rate of interest of 11.5% and we did not proceed to the processing fee discussion as I had two more documents that I need to arrange. This is why the loan application got closed and I am planning to get these arranged and re-open the loan application. It was a very good interaction with the bank executive.

Was this review helpful? 1

PANKAJ PATHAK , allahabad
Reviewed on Jun 07, 2016
"Average"

0.5 3.0/5 "Satisfactory"

My experience with Axis Bank was average. Because they took a lot of time to process my personal loan. They also charged a much higher rate of interest when compared to other bank. They charged a rate of 20%. And it was a zero processing fee. The processing time for me to receive the loan took around 20 days.. The services and response was good.

Was this review helpful? 5

PRAKASH RAO , allahabad
Reviewed on Jan 08, 2016
"Pretty low interest rate!"

0.5 5.0/5 "Blown Away!"

Since this is a pre approved loan from HDFC bank, the process was completed within minutes. I just filled in the details in the HDFC website. Followed by that, the loan was credited in my account in a short time. Interest rate offered on the loan is pretty low.

Was this review helpful? 2

VIKASH SINGH JK , allahabad
Reviewed on Dec 31, 2015
"Quick processing!"

0.5 5.0/5 "Blown Away!"

I felt that HDFC bank is very good in banking sector. Processing is very quick with them when compared to other banks. Interest rate offered on the loan is 14.5% , which is considered high for personal loan. I would suggest them to offer a better interest rate.

Was this review helpful? 1

VIKASH SINGH JK , allahabad
Reviewed on Dec 31, 2015
"No response "

0.5 3.0/5 "Satisfactory"

The process was quite lenient with HDFC Bank when I applied for the loan.They are not discussing about the rate to the customer.The response time took more than 15days with HDFC Bank.I may recommend the service of HDFC Bank to others for the loan process

Was this review helpful? 2

RAM JANM MAURYA , allahabad
Reviewed on Dec 18, 2015
"No update "

0.5 3.0/5 "Satisfactory"

The service provided by HDFC Bank and they are the best provider based on the personal loan.They have not informed about the status properly based on the application being submitted.The interest rate offered was around 16.9% around with loan.

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JAVED AKTHAR , allahabad
Reviewed on Nov 19, 2015
"Excellent rates"

0.5 5.0/5 "Blown Away!"

In the recent past, I had approached HDFC Bank for the personal loan. The rate of interest offered by them was higher than others bank. I had taken this HDFC Bank a couple of times and I had closed that as well. It would be great, if they reduce the interest rate to 13% and provide foreclosure options then I would be more than happy to take this loan from them .

Was this review helpful? 2

PRANAV KUMAR , allahabad
Reviewed on Oct 24, 2015

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