Multiple banks. Different interest rates. Call it a "conflict of interest".
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    We found 33 Bhubaneshwar Personal Loan
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    Tenure Range
    10.99% - 17.99%
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    1-5 Years
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    10.99% - 25% Fixed
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    20L Max
    1-6 Years
    Response Time : Within 30 minutes
    Rs.750 Amazon Voucher 100% PAPERLESS APPROVAL
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    14.99% - 14.99% Fixed
    Up to 2% One time fee
    20L Max
    1-5 years
    Response Time : Within 30 minutes
    Rs.750 Amazon Voucher 100% PAPERLESS APPROVAL
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    16% - 28% Fixed
    2% - 5%
    50K - 7.5L
    1-4 Years
    Response Time : Within 30 minutes
    Rs.750 Amazon Voucher 100% PAPERLESS APPROVAL
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    10.99% - 21.25% Fixed
    Up to 2.5% One time fee
    40L Max
    1-5 years
    Response Time : Within 30 minutes
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    11.5% - 13.5% Fixed
    1% + applicable tax One time fee
    2L - 25L
    1-5 Years
    Response Time : Within 30 minutes
    Rs.750 Amazon Voucher 100% PAPERLESS APPROVAL
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    11% - 16% Fixed
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    25L Max
    1-5 years
    Response Time : Within 30 minutes
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    11.00% - 18.25% Fixed
    From .75% (min. ₹999 + applicable tax) One time fee
    20L Max
    1-5 Years
    Response Time : Within 30 minutes
    Rs.750 Amazon Voucher 100% PAPERLESS APPROVAL
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    10.99% - 18.15% Fixed
    Up to 2.5%
    25L Max
    1-5 years
    Response Time : Within 30 minutes
    Rs.750 Amazon Voucher 100% PAPERLESS APPROVAL
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    12.49% - 33% Fixed
    6.0% One time fee
    15L Max
    1-4 Years
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    10.99% - 14.49% Fixed
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    13.49% - 19.99% Fixed
    Up to 2%
    Upto 25L
    1-5 years
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  • Bhubaneshwar Personal Loan is Rated as "Great!" by 361 Users

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    Personal Loan BYTES FROM OUR KITCHEN

    Bhubaneshwar Personal Loan

    Bhubaneswar, the capital of the state of Odisha, is one of the most important cities in Eastern India.It’s situated at a close distance from the erstwhile capital of the state, Cuttack, and together they form twin cities of great significance for the region.

    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.


    You’re probably eligible for an Bhubaneswar Personal Loan if you are

    01
    02
    03
    04
    Bhubaneswar Personal Loan Minimum Age

    At least 21 years old

    Bhubaneswar Personal Loan Maximum Age

    Less than 65 years old

    Bhubaneswar Personal Loan Eligible Employment Type

    Salaried / Self – Employed
    with regular income

    Bhubaneswar Personal Loan Minimum Income

    Earn more than the minimum
    income required


    Your Bhubaneswar Personal Loan amount eligibility is based on these factors

    01
    02
    03
    Bhubaneswar Personal Loan Minimum Salary

    Minimum income required
    Rs.17,500 per month

    Bhubaneswar Personal Loan Maximum Loan Funded

    Maximum allowed personal loan is Rs. 50K to Rs. 30 lakhs

    Bhubaneswar Personal Loan EMI

    EMIs of other loans lower
    your eligibility


    Increase your eligible Bhubaneswar Personal Loan amount by these steps

    01
    02
    Bhubaneswar Personal Loan Payoff Outstanding Credit Card Bills

    Pay off your credit card bills

    “Bhubaneswar

    Choose longer tenure loan up to 5 years


    Documentation needed to apply for an Bhubaneswar 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

    Bhubaneswar Personal Loan Interest RatesUpdated on 24 Sep 2018

    Bhubaneswar 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
    Apply for Personal Loan

    Personal Loan in Bhubaneswar

    There are a large number of well-known banks and lending companies which offer personal loans to residents of Bhubaneswar. Comprised of salaried and self-employed, personal loans are a highly demanded product in Bhubaneswar. With banks offering attractive rates on personal loans, more and more people are opting for them to take care of many personal needs such as interior re-decoration, finding a wedding or a similar family occasion, consolidate debt repayments, pay for an emergency medical expenditure, pay tuition fees for coaching classes, paying for a vacation, etc.

    Personal Loan Offered by various Banks in Bhubaneswar

    There is a number of banks and leading NBFCs which offer a variety of personal loans in Bhubaneshwar. Leading private and public sector banks such as HDFC Bank, Tamilnad Mercantile Bank, Union Bank, Vijaya Bank, State Bank of India, Indian Bank, Bank of Maharashtra, ICICI Bank, Axis Bank, Citibank, HDB Financial Services (a subsidiary of HDFC Bank), Standard Chartered, Oriental Bank of Commerce, Kotak Mahindra, Allahabad Bank, Bank of India, Bank of Baroda, Canara Bank, Karur Vyasya Bank,, IDBI Bank, IndusInd Bank, Dena Bank, Central Bank, Indian Overseas Bank, UCO Bank, South Indian Bank, Yes Bank and many more offer personal loans to customers.

    In addition to banks, many leading NBFCs like Tata Capital, Fullerton, Capital First, Aditya Birla, and more provide personal loans as well.

    How to Get a Personal Loan with the Lowest Interest Rate in Bhubaneswar

    There are many ways in which one can get lower rates of interest on personal loans.

    • Ensure that you have maintained a high credit score before you apply for a personal loan. Since these are unsecured loans, your credit score serves as a guarantee of your repayment capacity. Aim for a credit score of above 750 to get the lowest interest rates that the lender has to offer.
    • Your lender carefully. Do your research and go with a lender who offers a personal loan that suits your needs.
    • Evaluate your fund requirements before applying for a personal loan. Since the interest applicable on personal loans is higher than other types of loans, you would stand to lose financially if you choose a loan amount that is greater than what you need.

    Personal Loan Interest Rates in Bhubaneswar 2018

    Given below are the interest rates charged on personal loans offered by leading banks in Bhubaneswar

    Bank Personal Loan Interest Rate
    Citibank 10.99% to 15.99% (fixed)
    Standard Chartered 11.25% to 14.49% (fixed)
    ICICI Bank 11.59% to 18.49% (fixed)
    Oriental Bank of Commerce 10.85% to 11.85% (floating)
    HDFC Bank 11.49% - 19.8% (fixed)
    IndusInd Bank 11.99% to 19% (fixed)
    Kotak Mahindra 11.49% to 20.15% (fixed)
    Allahabad Bank 13.10% (fixed)
    Bank of Baroda 11.35% to 14.35% (fixed)
    Bank of Maharashtra 12.75% (fixed)
    Bank of India 13% to 14% (fixed)
    Canara Bank 12.75% (floating)
    Central Bank 11.4% (floating)
    IDBI Bank 12.45% (floating)
    Indian Bank 12.65% to 13.65% (floating)
    Indian Overseas Bank 13.65% (fixed)
    Yes Bank 14% (fixed)
    Vijaya Bank 13.50% (fixed)
    Union Bank 14.4% (floating)
    UCO Bank 11.35% to 11.60% (fixed)
    Tamilnad Mercantile Bank 14.30% to 16.30% (floating)
    State Bank of India 12.90% to 14.90% (fixed)

    Salary Requirements to avail Personal Loans in Bhubaneswar

    Income related requirements for personal loans are different from bank to bank. While some banks may have a lower minimum income requirement, some banks may have a slightly higher requirement. Also, the minimum income requirement for salaried and self-employed applicants will differ. Given below are the general salary requirements for availing a personal loan.

    • Salaried applicants - Applicants who have a regular stream of income are usually required to have a net monthly income ranging between Rs.7,500 to Rs.50,000.
    • Self-employed Applicants - Applicants who are self-employed are often asked to produce a proof of the income via their balance sheet or Profit and Loss account for the last 1 year or more. The minimum annual income requirement for self-employed applicants ranges between Rs.1 lakh to Rs.2 lakh

    Bhubaneswar Personal Loan FAQs

    1. What are personal loans?

      Personal loans are unsecured loans which can be taken to fulfill any personal requirement for which one may not want to use their savings.

    2. What is meant by an unsecured loan?

      An unsecured loan, like a personal loan, is one where the borrower is not required to provide any collateral or security in order to avail the loan. However, some lenders may ask the borrower to provide some form of security.

    3. What is fixed and floating interest rate?

      A fixed rate of interest is one where the interest chargeable on the loan remains fixed for the entire term of the loan. A floating interest rate arrangement is where the interest rate keeps changing as per the market conditions.

    4. What is the average tenure of a personal loan?

      The average tenure of a personal loan range from 1 year to 5 years. It an vary from lender to lender.

    5. Do lenders allow prepayment on personal loans?

      Prepayment on a personal loan may or may not be allowed, depending on the lender’s terms. Please check with your lender before availing the loan.


    Bhubaneshwar Personal Loan Reviews

    • Bank Bazaar Personal Loan
      "Excellent Service"
      0.5 5.0/5 "Blown Away!"
      I had been using Bank Bazaar services for a very long time. It has been a very good experience with them so far. I had been using the mobile application of them and it has been easy in using it. The customer support offered by them has been very good and there has not been any issues faced with them.
      Was this review helpful? 0
      , bhubaneshwar
      Reviewed on Jun 30, 2018
    • Tata capital Personal Loan
      "Good service"
      0.5 4.0/5 "Great!"
      I had chosen to go with them since the processing fee was zero. But during taking the loan it has taken some more time than usual and the loan amount which they ahd given has been satisfactory. The interest rate which they are charging had been good and i had taken this loan for my home renovation. There has not been any issues faced.
      Was this review helpful? 1
      , bhubaneshwar
      Reviewed on Jun 30, 2018
    • ICICI Bank Personal Loan
      "AVERAGE"
      0.5 3.0/5 "Satisfactory"
      There is a delay in getting my loan it took nearly 25-30 days from the time of applying it.The rate of interest in my loan which is of 14% and also added on that there is a processing fee applicable. I have no idea regarding the emi paying. The service is not good.
      Was this review helpful? 0
      , bhubaneshwar
      Reviewed on Jun 27, 2018
    • Bank Bazaar Personal Loan
      "GOOD"
      0.5 5.0/5 "Blown Away!"
      As i am using the bank bazaar for the first time.The customer service is very good and i am satisfied with the service but they follow up is good. I use through the website which is very good. i know the bank bazaar through the face book from my mobile.
      Was this review helpful? 0
      , bhubaneshwar
      Reviewed on Jun 27, 2018
    • Bank Bazaar Personal Loan
      "Excellent service"
      0.5 5.0/5 "Blown Away!"
      The experience with them had been good, they have provided me with all the details. I have started using their service recently and it has been good with using their website. The customer service has been good in their follow ups as well and there has not been any issues so far.
      Was this review helpful? 1
      , bhubaneshwar
      Reviewed on May 29, 2018
    • Tata capital Personal Loan
      "Good service"
      0.5 3.0/5 "Satisfactory"
      There has not been any processing fee with them and there has been other facilities which have been provided by them. The loan experience had been very good, but the rate of interest which they have been charging was little high. The whole process has taken 6-7 days which has been smooth. The customer service and the documentation process also had been good.
      Was this review helpful? 1
      , bhubaneshwar
      Reviewed on May 29, 2018
    • Bank Bazaar Personal Loan
      "Happy with the services"
      0.5 4.5/5 "Excellent!"
      It was a overall good experience with Bankbazaar.com as they were immediately contacting me and applied for the loan for me. The process is very quick and they also followed up for me as well. The website is good and it is easy to access and understand.
      Was this review helpful? 0
      , bhubaneshwar
      Reviewed on May 24, 2018
    • ICICI Bank Personal Loan
      "Good overall"
      0.5 4.0/5 "Great!"
      It was a good experience with ICICI bank and the staff is very cooperative for the personal loan. The rate of interest is around 14.99% it is a fair rate when compared to the banks in the market. The processing fee is also okay but it should be made lesser.
      Was this review helpful? 1
      , bhubaneshwar
      Reviewed on May 24, 2018
    • Bank Bazaar Personal Loan
      "Very good"
      0.5 4.0/5 "Great!"
      Bank bazaar is a good platform for all the financial products . The customer service and responses was really good . The website has many good options on banks and interest rate .The web portals accuracy and speed is good .My overall experience was satisfactory .
      Was this review helpful? 1
      , bhubaneshwar
      Reviewed on May 17, 2018
    • ICICI Bank Personal Loan
      "Not satisfied"
      0.5 1.0/5 "Really Bad"
      I have approached ICICI bank for my personal loan . I gave all my details later they said that they are not providing loans for employees and rejected my application. The loan amount was 2.5 lakhs and the interest rate was 15.99% . I am not happy with the customer service and responses .
      Was this review helpful? 0
      , bhubaneshwar
      Reviewed on May 17, 2018
    • Bank Bazaar Personal Loan
      "Good experience"
      0.5 5.0/5 "Blown Away!"
      BANK BAZAAR is a good platform for all the financial products .The customer service and responses was up to the mark. The loan amount was 80,000 and the interest rate was 12.5% which is average . The customer service and responses was good. They have taken much time and the process got delayed .The processing fee was nominal.My overall experience was good.
      Was this review helpful? 0
      , bhubaneshwar
      Reviewed on Apr 24, 2018
    • Tata capital Personal Loan
      "Good service"
      0.5 4.0/5 "Great!"
      I have my personal loan with TATA CAPITAL . The loan amount was 2 lakhs and the interest rate was 12% which is average . The customer service and responses was up to the mark. I had a hassle free process and documentation here. They have provided door step service for collecting documents.My experience was really good.
      Was this review helpful? 0
      , bhubaneshwar
      Reviewed on Apr 24, 2018
    • Bank Bazaar Personal Loan
      "Excellent service"
      0.5 5.0/5 "Blown Away!"
      I have got timely support from the bank bazaar team in concern to my personal loan application rather I would say all the queries has been fulfilled by the bank bazaar team. I know bank bazaar for more than a month. The customer support service is good with the bank bazaar team.
      Was this review helpful? 0
      , bhubaneshwar
      Reviewed on Mar 26, 2018
    • Tata capital Personal Loan
      "Average service"
      0.5 2.0/5 "Expected more"
      TATA CAPITAL took higher than normal time to disburse the loan amount. Initially I have requested them to debit my loan amount through ECS but they haven't done it and I have to go visit the TATA CAPITAL to pay the loan EMI amount manually. The service need to be customer oriented.
      Was this review helpful? 0
      , bhubaneshwar
      Reviewed on Mar 26, 2018
    • YES Bank Personal Loan
      "Worst bank with corrupted people working there"
      0.5 0.5/5 "Unacceptable"
      I applied for personal loan. Asked me to preclose my salary loan which was running with 0% interest and asked for money to approve it what I refused. After 2 weeks of negotiations, they rejected it. Not recommened at all. All corrupted people working there. Need to take some action against bhubaneswar Personal department.
      Was this review helpful? 0
      , bhubaneshwar
      Reviewed on Feb 11, 2018
    • Bank Bazaar Personal Loan
      "Good service"
      0.5 4.0/5 "Great!"
      Bank bazaar is a useful site where i get to know a comparison of banking products,information is fast and quick.customer service is good. Information which is avaliable on the site is updated also the site is very much user friendly.The executives are prompt in responding to my queries too.
      Was this review helpful? 1
      , bhubaneshwar
      Reviewed on Dec 07, 2017
    • ICICI Bank Personal Loan
      "Excellent banking"
      0.5 5.0/5 "Blown Away!"
      I have taken a personal loan with ICICI bank the loan amount is seven lakhs,rate of interest is 14% high as co pored to others.They took almost one month to complete the process.I make EMI payments through an ECS.The online service is good and easy to understand.
      Was this review helpful? 1
      , bhubaneshwar
      Reviewed on Dec 07, 2017
    • Bank Bazaar Personal Loan
      "Can be much better"
      0.5 2.0/5 "Expected more"
      This is my first experience of exploring the site bankbazaar. Actually I got the promotional email and I had approached bankbazaar for the personal loan. The customer service and response was okay but they still need to improve the service. I am expecting bankbazaar to deliver the same information what the bank provides.
      Was this review helpful? 1
      , bhubaneshwar
      Reviewed on Dec 02, 2017
    • HDFC Bank Personal Loan
      "Dissatisfactory"
      0.5 2.0/5 "Expected more"
      I had taken a personal loan with HDFC Bank. Actually they have offered me 1.5L . The rate of interest was high compared to other bankers. I am not satisfied with the HDFC service, at the final moment said they can offer only minimum amount because my expectation was 2.5L.
      Was this review helpful? 1
      , bhubaneshwar
      Reviewed on Dec 02, 2017
    • Capital First Personal Loan
      "Excellent service"
      0.5 5.0/5 "Blown Away!"
      It was been for the past four months I have started the service from CAPITAL FIRST for my personal loan service the payments where through ecs and the customer service was good and the interest rate they offered me was 18 % it was a good experience with CAPITAL FIRST for my personal loan service.
      Was this review helpful? 1
      , bhubaneshwar
      Reviewed on Nov 14, 2017
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