Multiple banks. Different interest rates. Call it a "conflict of interest".
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    We found 31 Dehradun Personal Loan

    Bank Name
    Interest Rate Range
    Processing Fee Range
    Loan Amount
    Tenure Range
    11.49% - 15.99% Fixed
    0.5%
    30L Max
    1-5 Years
    Response Time Within 30 minutes
    Rs.1,000 Amazon voucher free Ad
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    Perks
    Fees & Charges
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    Eligibility Criteria
    Customer Reviews
    10.99% - 14.49% Fixed
    0
    30L Max
    1-5 years
    Response Time Within 30 minutes
    Rs.1,000 Amazon voucher free Ad
    What you'll love
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    Perks
    Think about
    Fees & Charges
    Good to Know
    Eligibility Criteria
    Customer Reviews
    10.99% - 19.8% Fixed
    Up to 2% One time fee
    25L Max
    1-5 years
    Response Time Within 30 minutes
    Paperless approval option available
    What you'll love
    Documents
    Perks
    Think about
    Fees & Charges
    Good to Know
    Eligibility Criteria
    Customer Reviews
    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 option available
    What you'll love
    Documents
    Perks
    Fees & Charges
    Good to Know
    Eligibility Criteria
    Customer Reviews
    13.99% - 16.99% Fixed
    0 One time fee
    20L Max
    1-5 years
    Response Time Within 30 minutes
    Rs.1,000 Amazon voucher free Paperless Approval Option Available
    What you'll love
    Documents
    Perks
    Fees & Charges
    Good to Know
    Eligibility Criteria
    10.99% - 17.99% Fixed
    2.25% (min. ₹1499 + applicable tax) One time fee
    20L Max
    1-5 Years
    Response Time Within 30 minutes
    Rs.1,000 Amazon voucher free Paperless approval option available
    What you'll love
    Documents
    Perks
    Think about
    Fees & Charges
    Good to Know
    Eligibility Criteria
    Customer Reviews
    12% - 18% Fixed
    Up to 1.5% One time fee
    15L Max
    1-5 years
    Response Time Within 30 minutes
    Rs.1,000 Amazon voucher free INSTANT DECISION
    What you'll love
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    Perks
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    Fees & Charges
    Good to Know
    Eligibility Criteria
    Customer Reviews
    12% - 19% Fixed
    Up to ₹3000 One time fee
    25L Max
    1-5 years
    Response Time Within 30 minutes
    Rs.1,000 Amazon voucher free Paperless approval option available
    What you'll love
    Documents
    Perks
    Think about
    Fees & Charges
    Good to Know
    Eligibility Criteria
    Customer Reviews
    10.70% - 11.70% Floating
    0.5% One time fee
    50 K - 10 L
    1-5 Years
    Response Time Within 30 minutes
    Guarantor Required Paperless approval option available
    What you'll love
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    Perks
    Think about
    Fees & Charges
    Good to Know
    Eligibility Criteria
    14% - 33% Fixed
    1.5% to 6.0% One time fee
    15L Max
    1-4 Years
    Response Time Within 30 minutes
    Paperless approval option available
    What you'll love
    Documents
    Perks
    Think about
    Fees & Charges
    Good to Know
    Eligibility Criteria
    11% - 16.49% 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
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  • Dehradun Personal Loan Reviews

    • Bank Bazaar Customer Support
      "Great site, this will help the people to have one site with "
      0.5 5.0/5 "Blown Away!"
      The services are good at Bankbazaar.com and the overall experience was nice. I had no hassles with their services. They were on time to inform me the details and the process was smooth and easy. The website is also good and very much informative.
      Was this review helpful? 0
      , dehradun
      Reviewed on Jul 26, 2017
    • Bank Bazaar Customer Support
      "Overall good"
      0.5 4.0/5 "Great!"
      The services at Bankbazaar has been nice as well. I had applied through them for a loan and they contacted me on time and provided the details. The website is also good and easy to register and the details on it is informative. I can also compare the banks too.
      Was this review helpful? 0
      , dehradun
      Reviewed on Jul 11, 2017
    • HDFC Bank Personal Loan
      "Good services"
      0.5 4.0/5 "Great!"
      HDFC Bank has responded to my details for the personal loan, there was no delay and the process was really smooth. The services was good too. I did not go ahead for the loan is because I did not have the requirement at that moment. In all it was a good experience.
      Was this review helpful? 0
      , dehradun
      Reviewed on Jul 11, 2017
    • Bank Bazaar Customer Support
      "Good Service"
      0.5 5.0/5 "Blown Away!"
      Bankbazaar was very responsive and everything went good with them. Once they received my loan application they responded well on my application then provided the required information. The website is easy to handle and it is informative.
      Was this review helpful? 1
      , dehradun
      Reviewed on Jun 16, 2017
    • ICICI Bank Personal Loan
      "Be customer oriented"
      0.5 1.0/5 "Really Bad"
      ICICI bank denied to provide the loan for me when I approached them for the personal loan. They are telling that they would not provide loans for the private sectors. They should be customer centric and have to provide the loan like other private banks.
      Was this review helpful? 0
      , dehradun
      Reviewed on Jun 16, 2017
    • Bank Bazaar Customer Support
      "Paperless giving insurance and eco-friendly "
      0.5 5.0/5 "Blown Away!"
      It has swift applying options for choosing the best out of the most insurance giving company . It is paperless and eco-friendly. Response is very fast as we apply for a loan or insurance they give a call within 1 hr and with helpful response . I am very impressed!!
      Was this review helpful? 0
      , dehradun
      Reviewed on May 21, 2017
    • Bank Bazaar Customer Support
      "Fast and quick service"
      0.5 4.5/5 "Excellent!"
      Through online surfing, I came to know about bankbazaar.com. They gave a proper response on my personal loan concern. They gave the options to take the personal loan with different partner banks and I am thankful bank bazaar for helping me to find the best one. The bank bazaar web site is easy to use and customer friendly. Overall it is good and they provide good service.
      Was this review helpful? 1
      , dehradun
      Reviewed on May 15, 2017
    • ICICI Bank Personal Loan
      "Proper work with good service"
      0.5 4.0/5 "Great!"
      The ICICI bank has responded properly in concern to my personal loan application. The documentation process was went with miss-communication with 1 or 2 documents. Other than that they gave good service. After the complete documentation process they just took around 2 days of time to disburse my loan. They have finished the process within the promised time. The rate of interest is bit on the higher,still they can decrease the interest rates.
      Was this review helpful? 0
      , dehradun
      Reviewed on May 15, 2017
    • Bank Bazaar Customer Support
      "Good Financial Advisor"
      0.5 5.0/5 "Blown Away!"
      Best part of Bank Bazaar, it gives immediately response to the customer's request, because I do got a good response from the Bank Bazaar representative. They called and suggested me ICICI bank for the loan process, the application is also so simple to check the loan details.
      Was this review helpful? 0
      , dehradun
      Reviewed on Mar 21, 2017
    • ICICI Bank Personal Loan
      "Its Average"
      0.5 4.0/5 "Great!"
      ICICI interest rate was high for the personal loan, they offered me the interest of 16.75% it is high in the market, normally in SBI and HDFC they giving lower interest rate. So I did not proceed further with them, I am fine with their process , only the problem was interest rate, if they reduce the interest I may proceed further with them.
      Was this review helpful? 0
      , dehradun
      Reviewed on Mar 21, 2017
    • Bank Bazaar Customer Support
      "Its Good"
      0.5 4.5/5 "Excellent!"
      My sister applied the personal loan behalf of me, she updated all the information about me on the website. Then I got satisfactory service from them, but I wish Bank Bazaar should avoid unnecessary calls asking the same question which is already updated on the site.
      Was this review helpful? 0
      , dehradun
      Reviewed on Mar 08, 2017
    • ICICI Bank Personal Loan
      "Communication part has to be improved"
      0.5 2.5/5 "Just OK"
      Previously I received call from ICICI, they asked about my existing loan details. Then I informed loan was running with HDFC not with ICICI, they said will call me back but I did not receive any calls till day. ICICI should give proper communication about the loan process, what ever it may be be whether closed or approved they should inform it to the customer . ICICI was taking a processing fee around Rs. 5000 it was bit high, but interest rate is nominal.
      Was this review helpful? 0
      , dehradun
      Reviewed on Mar 08, 2017
    • Bank Bazaar Customer Support
      "Good Website"
      0.5 5.0/5 "Blown Away!"
      Bank Bazaar is useful for everyone. This website has got more information about financial product in a single platform.It shows the Different bank plans ,Interest rate, So it is easy to compare. They are providing good service for customers, they were given proper updates about the loan too.
      Was this review helpful? 0
      , dehradun
      Reviewed on Feb 15, 2017
    • ICICI Bank Personal Loan
      "Should Give Proper Communication about Interest"
      0.5 5.0/5 "Blown Away!"
      At the initial stage ICICI Bank had proposed an Interest rate of 15.45%, but after process they had confirmed an Interest of 16.75%. Also they had charged 4000rs for processing fees. Customer service was good at processing time, but after the disbursement there is no response, no call. I wish ICICI bank should provide proper communication about the interest rate.
      Was this review helpful? 0
      , dehradun
      Reviewed on Feb 15, 2017
    • Bank Bazaar Customer Support
      "Excellent"
      0.5 5.0/5 "Blown Away!"
      It was a hassle free experience with bankbazaar. The executives of bankbazaar is very much straight forward they had helped me till my loan got approved and the website is really helpful and user friendly. The most promising part about this site is they provide adequate and good information which the customer is not aware of.
      Was this review helpful? 0
      , dehradun
      Reviewed on Feb 11, 2017
    • ICICI Bank Personal Loan
      "Very Good"
      0.5 5.0/5 "Blown Away!"
      ICICI BANK has been good in their services. I have taken a personal loan from them. The process for the loan is very good. The rate of interest was of 12.69%.It Just took a weeks time to disburse my loan amount.EMI detection is 9235/- and the processing fee they have deducted is 7000/-.
      Was this review helpful? 0
      , dehradun
      Reviewed on Feb 11, 2017
    • Axis Bank Personal Loan
      "Improvements required. "
      0.5 3.0/5 "Satisfactory"
      I got the best interest rate of 15% for the personal loan and we pre closure the loan any time without any charges. The processing fee for the normal customer is on the higher site but for the account holder customer it s in the lower site.Comparing with ICICI bank Axis bank has to improve the service and response.
      Was this review helpful? 1
      , dehradun
      Reviewed on May 31, 2016
    • Bank Bazaar Customer Support
      "Single platform for various options"
      0.5 3.0/5 "Satisfactory"
      Unique platform for a new customer who is not aware about the different Interest rates provided by various banks . We can compare and choose the best among that.The processing fee offered on the site are on lower side compare to the bankers. The user interface is good with the maximum options. The communication of the customer support executive was excellent..
      Was this review helpful? 0
      , dehradun
      Reviewed on May 31, 2016
    • ICICI Bank Personal Loan
      "Easy to get a loan"
      0.5 5.0/5 "Blown Away!"
      It was to approach ICICI bank to avail the personal loan.They responded on time and gave all the information required . Rate of interest offered was 18% but I got the best offer from other bank with interest rate 15% so the application with ICICI bank . But overall they are good enough with the service.
      Was this review helpful? 1
      , dehradun
      Reviewed on May 31, 2016
    • SBI Personal Loan
      "fine"
      0.5 3.0/5 "Satisfactory"
      When I was in a need of a personal loan I went and approached it with State Bank of India. It was a satisfactory services that I got from them and the interest rate offered was convenient to me. The disbursement took only few days and the bank can also be recommended for home loan too.
      Was this review helpful? 1
      , dehradun
      Reviewed on Apr 19, 2016
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    Dehradun Personal Loan is Rated as "Excellent!" by 96 Users

    Fees & Charges

    Promised Interest Rate

    Customer Service

    Responsiveness

    Personal Loan BYTES FROM OUR KITCHEN

    Dehradun, the capital city of Uttarakhand is one of the speediest growing urban settlements in India. And that too from every aspect, making it the next booming spot for industrialization in the nation, eyed conspicuously by many A-grade companies of the current era for setting up their production units for business.

    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 Dehradun Personal Loan if you are

    01
    02
    03
    04
    Dehradun Personal Loan Minimum Age

    At least 21 years old

    Dehradun Personal Loan Maximum Age

    Less than 65 years old

    Dehradun Personal Loan Eligible Employment Type

    Salaried / Self – Employed
    with regular income

    Dehradun Personal Loan Minimum Income

    Earn more than the minimum
    income required


    Your Dehradun Personal Loan amount eligibility is based on these factors

    01
    02
    03
    Dehradun Personal Loan Minimum Salary

    Minimum income required
    Rs.17,500 per month

    Dehradun Personal Loan Maximum Loan Funded

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

    Dehradun Personal Loan EMI

    EMIs of other loans lower
    your eligibility


    Increase your eligible Dehradun Personal Loan amount by these steps

    01
    02
    Dehradun Personal Loan Payoff Outstanding Credit Card Bills

    Pay off your credit card bills

    “Dehradun

    Choose longer tenure loan up to 5 years


    Documentation needed to apply for an Dehradun 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

    Dehradun Personal Loan Interest RatesUpdated on 29 Jul 2017

    Dehradun 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 Loan in Dehradun

    A personal loan is an unsecured debt that is taken by individuals from a bank or an NBFC to fulfill their personal needs. You can avail a personal loan for buying a car or a house, for your child’s future education, or even for medical requirements. An increasing number of individuals are opting for personal loans for most of their big-ticket purchases, as the repayment can be done in easy monthly installments. The repayment of a personal loan in a timely manner also improves your credit score to a large extent.

    Banks consider certain factors when granting a personal loan to applicants. Some of these include the income level of the borrower, his/her history of employment, credit score, and capacity to repay the loan.

    The interest rates on personal loans are usually higher than car loans or home loans, as you are not securing the debt with a collateral. However, some banks offer secured personal loans with lower interest rates that can be availed in situations when the borrower does not have a good credit score.

    Personal Loans offered by various banks in Dehradun

    Individuals can apply for personal loans at various banks and NBFCs in Dehradun. These banks also offer business loans, core banking services, commercial lending, asset management, and investment guidance. Some of the banks that offer personal loans in Dehradun are listed below:

    • HDFC Bank
    • Citibank
    • Bajaj Finserv
    • IndusInd Bank
    • ICICI Bank
    • RBL Bank

    How do I get a Personal Loan with the lowest interest rate in Dehradun?

    A personal loan is taken for a personal financial need and the bank is not liable to monitor its usage. A low EMI on personal loan does not necessarily mean that you are paying a lower amount in the long run.

    A low EMI usually results from a long repayment term, low interest rate, or a combination of the two. In certain instances, you may even pay a higher interest to your lender when you opt for a lower EMI. Using online tools like the Personal Loan EMI Calculator is beneficial as it helps you understand your interest payout for the loan tenure and your capacity to repay the loan before you take it.

    You can also compare loans and identify the banks that offer the lowest rates. Getting a low interest rate helps you save money over the loan tenure. The following points indicate the ways in which you can secure a loan with a low interest rate in Dehradun:

    1. Display creditworthiness - You would first have to understand the importance of your credit score and the role it plays in the sanction of a loan. Your credit score depends on your credit history, and is hence, a measurement of your ability to repay a loan. If you have a low credit score, this is an indication to the lender that you may be unable to repay your loan. This puts you in the high risk bracket for a personal loan. To compensate for this risk, the lender charges a high interest rate on your loan.

      Customers will be able to check their credit scores online at any of the credit reporting bureaus, i.e., TransUnion/CIBIL, Experian, and Equifax. It is possible to get your credit score for free, in case you do not require an elaborate report. Having a high credit score (above 700) is an indicator of your creditworthiness.

    2. Improve your credit score - If you have a low credit score, you can attempt to improve it. In case you are able to wait for a few months (or even years) before availing a personal loan, you can build a better credit before the loan application. In line with this, you can negotiate with lenders or inculcate better spending habits to improve your credit score. In order to improve your creditworthiness, you will have to make your EMI payments on time on a consistent basis. When you follow this for a few years, you will significantly improve your credit score.
    3. Getting better terms on your loans - As mentioned above, some banks enable you to avail a personal loan with a lower interest rate if you provide a collateral under the debt. The collateral can be an expensive asset, like property or a car. This way of getting a personal loan is more beneficial to individuals with a low credit score. After you have pledged as collateral against a loan, in case you are unable to repay the loan, the lender takes possession of the asset.
      • You can also consider taking a floating rate personal loan, where the interest rate increases when the prime lending rate goes up.
      • You can request a family member or a friend to co-sign your loan. This is advantageous when your co-signer has a good credit score.
      • Additionally, you can compare personal loan rates across banks and narrow down on a good deal by utilising the loan comparison facility online. Several third-party financial websites offer this service, and it is available free of cost.

    Personal Loan Interest Rates in Dehradun 2017

    Bank Interest Rate Range Lowest EMI for each Rs.1 lakh Processing Fee Range
    HDFC Bank 10.99% to 20% Rs.2,174 Up to 2.50%. Minimum amount is Rs.1,000 and maximum amount is Rs.25,000
    Citibank 10.99% to 16.49% Rs.2,174 Up to 2%
    IndusInd Bank 11.99% to 23% Rs.2,224 Up to 2.50%
    RBL Bank 16% to 20% Rs.2,432 Up to 1.25%
    Bajaj Finserv 11.99% to 15.50% Rs.2,224 2.25% to 3%
    ICICI Bank 11.59% to 22% Rs.2,204 Up to 2.25%

    Salary requirements to avail Personal Loans in Dehradun

    • In order to be able to apply for a personal loan, you have to be between 21 and 60 years of age.
    • A salaried individual should earn a minimum income of Rs.15,000 per month. The salary requirement also depends on the city the applicant resides in and the company he/she is employed with. For instance, an applicant residing in a metro will have a higher minimum salary criteria than one living in a non-metro. An applicant working in a reputed company will have a lower salary requirement than one that works in a start-up.
    • The applicant is also required to be employed for a minimum of 2 years to be eligible for a personal loan in Dehradun.
    • Additionally, he/she should have stayed in Dehradun for at least 1 year.

    FAQs for Personal Loan in Dehradun

    1. How much loan can an applicant avail?

      The amount that an applicant can borrow largely depends on his/her income, employment type (salaried or self-employed) and credit history. Generally, banks limit the loan amount to a value that is not more than 40-50% of the applicant’s monthly income. All the existing loans that are serviced by the applicant are also taken into consideration when calculating the amount.

      If the applicant is self-employed, the loan amount is determined on the basis of the profit that he/she has earned recently (as per the acknowledged profit/loss statement). The bank also takes into account the existing liabilities/loans of the business.

    2. What is the difference between floating and fixed interest rates?

      The EMIs are fixed for a personal loan with fixed interest rate. If the applicant opts for a floating interest rate loan, then the EMIs will decrease progressively, as the interest will be based on the reducing balance method. The latest MCLR rules suggest that floating rates may change either half-yearly or annually.

    3. What is the difference between prepayment and preclosure of personal loan?
      • Prepayment - This indicates that the borrower has paid off a part of the loan before it becomes due according to the EMI schedule. Prepayment charges are generally between 2-5% of the outstanding loan amount. Several banks do not allow prepayment of the loan before the borrower pays a specified number of EMIs.
      • Preclosure - This refers to the borrower completely paying off the loan before the end of the loan tenure. Preclosure charges may range from 2-5% of the loan amount.
    4. How long does it take to receive an approval for my loan application?

      Loan approval is completely based on the discretion of the lender. The entire loan sanctioning process will be completed between 2 days to 2 weeks. After the applicant submits all relevant documents for the personal loan, the bank verifies the same and sanctions the loan. The loan will then usually be disbursed within 7 working days.

    5. Why are my initial EMIs not reducing the principal amount significantly?

      A large portion of the initial EMIs you pay are set off against the interest due on your loan. This process is referred to as front loading. Therefore, only a small portion of your principal amount is paid off in the initial loan repayment period. As you progress further on the EMI payments, the interest on the outstanding amount would have reduced to a large extent. Hence, a larger part of the EMI is used to pay off the loan principal.


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