Multiple banks. Different interest rates. Call it a "conflict of interest".
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    We found 32 Bhubaneshwar Personal Loan
    Bank Name
    Interest Rate Range
    Processing Fee Range
    Loan Amount
    Tenure Range
    10.99% - 14.49% Fixed
    0 to ₹1,180
    30L Max
    1-5 years
    Response Time : Within 30 minutes
    Rs.1,000 Amazon voucher free Ad
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    11.49% - 21.00% Fixed
    0 One time fee
    20L Max
    1-6 Years
    Response Time : Within 30 minutes
    Rs.1,000 Amazon voucher free Paperless approval available
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    Perks
    Fees & Charges
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    Eligibility Criteria
    Customer Reviews
    10.99% - 20.70% Fixed
    Up to 2.5% One time fee
    25L Max
    1-5 years
    Response Time : Within 30 minutes
    Paperless approval available
    What you'll love
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    Customer Reviews
    12.99% - 12.99% Fixed
    Up to 2% One time fee
    20L Max
    1-5 years
    Response Time : Within 30 minutes
    Rs.1,000 Amazon voucher free Paperless approval available
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    Eligibility Criteria
    10.99% - 17.99% Fixed
    2.25% (min. ₹1,499 + applicable tax) One time fee
    20L Max
    1-5 Years
    Response Time : Within 30 minutes
    Rs.1,000 Amazon voucher free Paperless approval available
    What you'll love
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    Perks
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    Good to Know
    Eligibility Criteria
    Customer Reviews
    13.49% - 19.99% Fixed
    Up to 2%
    Upto 25L
    1-5 years
    Response Time : Within 30 minutes
    Rs.1,000 Amazon voucher free Paperless approval available
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    Eligibility Criteria
    10.65% - 11.65% Floating
    0.5% One time fee
    50 K - 10 L
    1-5 Years
    Response Time : Within 30 minutes
    Guarantor Required Paperless approval available
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    14% - 33% Fixed
    1.5% to 6.0% One time fee
    15L Max
    1-4 Years
    Response Time : Within 30 minutes
    Paperless approval available
    What you'll love
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    Fees & Charges
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    Eligibility Criteria
    10.99% - 15.99% Fixed
    Up to 0.5%
    30L Max
    1-5 Years
    Response Time : Within 30 minutes
    Rs.1,000 Amazon voucher free
    What you'll love
    Documents
    Perks
    Fees & Charges
    Good to Know
    Eligibility Criteria
    Customer Reviews
    10.99% - 17.99% Fixed
    Up to 2.5%
    15L Max
    1-5 years
    Response Time : Within 30 minutes
    Rs.1,000 Amazon voucher free
    What you'll love
    Documents
    Perks
    Think about
    Fees & Charges
    Good to Know
    Eligibility Criteria
    Customer Reviews
    11.75% - 13.75% Fixed
    1% One time fee
    30L Max
    1-5 Years
    Response Time : Within 30 minutes
    Rs.1,000 Amazon voucher free
    What you'll love
    Documents
    Perks
    Fees & Charges
    Good to Know
    Eligibility Criteria
    12% - 19% Fixed
    Up to 3% One time fee
    25L Max
    1-5 years
    Response Time : Within 30 minutes
    Rs.1,000 Amazon voucher free
    What you'll love
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    Perks
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  • Bhubaneshwar Personal Loan is Rated as "Great!" by 342 Users

    Fees & Charges

    Promised Interest Rate

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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 25 Nov 2017

    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 2017

    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

    • 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? 0
      , bhubaneshwar
      Reviewed on Nov 14, 2017
    • review Personal Loan
      "Excellent service"
      0.5 5.0/5 "Blown Away!"
      The rate of interest quoted by BAJAJ for my personal loan service was 18 % which was high compare to others in the market but I am the customer of BAJAJ for ten years the documents where collected from my door step it was a excellent experience with BAJAJ for my personal loan service.
      Was this review helpful? 0
      , bhubaneshwar
      Reviewed on Nov 14, 2017
    • Bank Bazaar Personal Loan
      "Excellent service"
      0.5 5.0/5 "Blown Away!"
      I applied through Bankbazaar.com website which was easy to use and the customer service was also awesome with Bankbazaar.com it was been four months I know about Bankbazaar.com but it was now I avail the service from Bankbazaar.com it was a wonderful experience with Bankbazaar.com.
      Was this review helpful? 0
      , bhubaneshwar
      Reviewed on Nov 14, 2017
    • ICICI Bank Personal Loan
      "Excellent service"
      0.5 5.0/5 "Blown Away!"
      It was a excellent experience with ICICI for my personal loan service, I already have a on going loan so I was unable to process further with ICICI personal loan service,totally it was good experience with ICICI for my personal loan service.
      Was this review helpful? 0
      , bhubaneshwar
      Reviewed on Nov 14, 2017
    • Bank Bazaar Personal Loan
      "EXCELLENT"
      0.5 5.0/5 "Blown Away!"
      I love to appreciate Bank Bazaar service and also I love to suggest Bank Bazaar. I got very good service on time for the personal loan and my need got the fulfill. The mobile application is user friendly and easy to check the website information.
      Was this review helpful? 0
      , bhubaneshwar
      Reviewed on Nov 09, 2017
    • ICICI Bank Personal Loan
      "Interest rate should be flexible"
      0.5 4.0/5 "Great!"
      I was out of town, when I back to Hyderbad, I submitted my documents to ICICI. They disbursed the loan amount within two days. ICICI provided good information but their interest rate average not as per the market, it would be great if they reduce the rate of interest.
      Was this review helpful? 0
      , bhubaneshwar
      Reviewed on Nov 09, 2017
    • Bank Bazaar Personal Loan
      "Good website"
      0.5 3.0/5 "Satisfactory"
      I have been using the Bankbazaar very recently and the experience has been quite novel. Earlier I inquired for a Two Wheeler Loan with them and communication from them was sharp. Recently I applied for a Personal Loan and then too they gave me good communication.
      Was this review helpful? 0
      , bhubaneshwar
      Reviewed on Nov 08, 2017
    • ICICI Bank Personal Loan
      "Communication lagged"
      0.5 1.0/5 "Really Bad"
      The way ICICI people had the conversation with me was not that great. I applied for a Personal Loan with them and felt a little let down by them. They said my Net Salary cap was not up to their mark, I am alright with the reason but it was the way they communicated that kind of didn't go well with me.
      Was this review helpful? 0
      , bhubaneshwar
      Reviewed on Nov 08, 2017
    • Bank Bazaar Personal Loan
      "Very good experience"
      0.5 5.0/5 "Blown Away!"
      The experience at Bankbazaar is good and the I am 100% satisfied with the experience. The customer services are on time and they also follow up through the process. The website is also good and it is easy to understand the details and place a request.
      Was this review helpful? 0
      , bhubaneshwar
      Reviewed on Nov 04, 2017
    • HDFC Bank Personal Loan
      "High on the ROI"
      0.5 5.0/5 "Blown Away!"
      The services was good from HDFC Bank for the personal loan. They processed the loan on time and the paper work was also on time as well. The bank was pretty high on the rate of interest and processing charges when compared to other banks. Currently , I would not be recommending this bank.
      Was this review helpful? 0
      , bhubaneshwar
      Reviewed on Nov 04, 2017
    • Bank Bazaar Personal Loan
      " Excellent communication"
      0.5 5.0/5 "Blown Away!"
      Bank bazaar has called me up to give the personal loan offers.They guided me with the right option as per my need and eligibility however i closed to due to my personal reason.the website is very simple and easy to access,I get to know my credit score through bank bazaar.
      Was this review helpful? 0
      , bhubaneshwar
      Reviewed on Nov 02, 2017
    • ICICI Bank Personal Loan
      "Better banking"
      0.5 3.0/5 "Satisfactory"
      I had applied for a personal loan with ICICI bank for an mount of 60 thousand.Rate of interest is 15% nominal as compared to others.I had applied long back and got a call from the bank after 15 days post applying for it,very delay in response they called me once for documents collection however no one has turned up hence very dissappointed and closed the application.
      Was this review helpful? 0
      , bhubaneshwar
      Reviewed on Nov 02, 2017
    • Bank Bazaar Personal Loan
      "Best service "
      0.5 3.5/5 "Pretty good"
      Bank bazaar is convenient to browse for financial product.The website is very useful check for my financial requirement.I have been using the website for past few years.customer service is prompt and give an immediate response for the request raised.My suggestion to match the interest rate given by the bank.
      Was this review helpful? 0
      , bhubaneshwar
      Reviewed on Oct 31, 2017
    • ICICI Bank Personal Loan
      "Better banking"
      0.5 5.0/5 "Blown Away!"
      I had applied for a personal loan with ICICI bank.Loan amount is three lakhs.Rate of interest is 10.99% low as compared to others.the icici banks website is easy to understand and navigate,got an immediate response from the bank, had closed it due to personal reason otherwise bank is good.
      Was this review helpful? 0
      , bhubaneshwar
      Reviewed on Oct 31, 2017
    • Oriental Bank of Commerce Personal Loan
      "Good"
      0.5 5.0/5 "Blown Away!"
      My personal was taken before 3 years. They have offered me 3L with the interest rate of 12%. I pay EMI of 7k/month through ECS. I got a proper response. The part payment and pre closure option is good. The customer service is good. The loan was disbursed on time. The documentation process was little bit complicated.
      Was this review helpful? 0
      , bhubaneshwar
      Reviewed on Oct 28, 2017
    • Bank Bazaar Personal Loan
      "Good"
      0.5 5.0/5 "Blown Away!"
      I had a good experience with Bank Bazaar. It was recommended by my friends. The customer service was up to the mark. They responded immediately and provided a proper information. The website was easy to use. I don't face run time errors while browsing the website.
      Was this review helpful? 0
      , bhubaneshwar
      Reviewed on Oct 28, 2017
    • ICICI Bank Personal Loan
      "Good"
      0.5 5.0/5 "Blown Away!"
      I had applied for a personal loan with ICICI Bank through online channel. Since I had other loans and EMI's are high. So, ICICI bank has cancelled this application. The services are good. The response is prompt.The rate of interest was moderate.
      Was this review helpful? 0
      , bhubaneshwar
      Reviewed on Oct 28, 2017
    • Bank Bazaar Personal Loan
      "Good "
      0.5 4.5/5 "Excellent!"
      I like this because in this online site many financial services are available and the online process is very easy, fast,safe and also tele callers are follow-up very quickly and their behaviour has very good so i suggest you all to use this online site for credit check and finance .
      Was this review helpful? 0
      , bhubaneshwar
      Reviewed on Oct 27, 2017
    • Bank Bazaar Personal Loan
      "Excellent service"
      0.5 5.0/5 "Blown Away!"
      My first experience with Bank Bazaar was very good. I have downloaded the mobile application on my mobile phone. I know this website through google search. The mobile application is easy to access and very good for the customers. It doesn't need any recommendation.
      Was this review helpful? 0
      , bhubaneshwar
      Reviewed on Oct 27, 2017
    • ICICI Bank Personal Loan
      "Rate of interest to be reduced atleast 2%"
      0.5 5.0/5 "Blown Away!"
      I had applied for a personal loan with ICICI Bank through online channel. The response from ICICI Bank is very good. I have taken a topup loan on my home loan so personal loan is not necessary for me. The rate of interest was high when compared to other banks.
      Was this review helpful? 0
      , bhubaneshwar
      Reviewed on Oct 27, 2017
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