Multiple banks. Different interest rates. Call it a "conflict of interest".
  • loading

    We found 32 Faridabad Personal Loan
    Bank Name
    Interest Rate Range
    Processing Fee Range
    Loan Amount
    Tenure Range
    10.99% - 17.99%
    0 Bankbazaar Exclusive
    30L Max
    1-5 Years
    Response Time : Within 30 minutes
    Ad Accelerated Approval
    What you'll love
    Documents
    Perks
    Think about
    Fees & Charges
    Good to Know
    Customer Reviews
    10.99% - 21.25% Fixed
    Up to 2.5% One time fee
    40L Max
    1-5 years
    Response Time : Within 30 minutes
    100% PAPERLESS APPROVAL
    What you'll love
    Documents
    Perks
    Fees & Charges
    Good to Know
    Eligibility Criteria
    Customer Reviews
    11.49% - 18.25% Fixed
    0 Bankbazaar Exclusive
    20L Max
    1-6 Years
    Response Time : Within 30 minutes
    Rs.750 Amazon Voucher 100% PAPERLESS APPROVAL
    What you'll love
    Documents
    Perks
    Fees & Charges
    Good to Know
    Eligibility Criteria
    Customer Reviews
    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
    What you'll love
    Documents
    Perks
    Fees & Charges
    Good to Know
    Eligibility Criteria
    16% - 28% Fixed
    2% - 5%
    50K - 7.5L
    1-4 Years
    Response Time : Within 30 minutes
    100% PAPERLESS APPROVAL
    What you'll love
    Perks
    Think about
    Fees & Charges
    Eligibility Criteria
    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
    What you'll love
    Documents
    Perks
    Think about
    Fees & Charges
    Good to Know
    Eligibility Criteria
    11% - 16% Fixed
    0 Bankbazaar Exclusive
    25L Max
    1-5 years
    Response Time : Within 30 minutes
    100% PAPERLESS APPROVAL
    What you'll love
    Documents
    Perks
    Think about
    Fees & Charges
    Good to Know
    Eligibility Criteria
    Customer Reviews
    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
    What you'll love
    Documents
    Perks
    Think about
    Fees & Charges
    Good to Know
    Eligibility Criteria
    Customer Reviews
    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
    What you'll love
    Documents
    Perks
    Think about
    Fees & Charges
    Good to Know
    Eligibility Criteria
    Customer Reviews
    12.49% - 33% Fixed
    6.0% One time fee
    15L Max
    1-4 Years
    Response Time : Within 30 minutes
    100% PAPERLESS APPROVAL
    What you'll love
    Documents
    Perks
    Think about
    Fees & Charges
    Good to Know
    Eligibility Criteria
    11.50% - 14.50% Fixed
    1%
    30L Max
    1-5 years
    Response Time : Within 30 minutes
    What you'll love
    Documents
    Perks
    Fees & Charges
    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
    100% PAPERLESS APPROVAL
    What you'll love
    Documents
    Perks
    Think about
    Fees & Charges
    Good to Know
    Eligibility Criteria
    Loading your search...
    Close

    Compare, check your eligibility and apply online instantly.

  • Faridabad Personal Loan is Rated as "Great!" by 543 Users

    Fees & Charges

    Promised Interest Rate

    Customer Service

    Responsiveness

    Personal Loan BYTES FROM OUR KITCHEN

    Faridabad Personal Loan

    Faridabad is the largest city in the north Indian state of Haryana, in Faridabad district. The district shares its boundaries with the National Capital and Union Territory of Delhi.Various big companies have established their headquarters here. There are some IT Companies established their database centres here. Faridabad is a massive economic engine of Haryana. Faridabad generates over 50% of the income tax for the Haryana government.

    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 Faridabad Personal Loan if you are

    01
    02
    03
    04
    Faridabad Personal Loan Minimum Age

    At least 21 years old

    Faridabad Personal Loan Maximum Age

    Less than 65 years old

    Faridabad Personal Loan Eligible Employment Type

    Salaried / Self – Employed
    with regular income

    Faridabad Personal Loan Minimum Income

    Earn more than the minimum
    income required


    Your Faridabad Personal Loan amount eligibility is based on these factors

    01
    02
    03
    Faridabad Personal Loan Minimum Salary

    Minimum income required
    Rs.17,500 per month

    Faridabad Personal Loan Maximum Loan Funded

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

    Faridabad Personal Loan EMI

    EMIs of other loans lower
    your eligibility


    Increase your eligible Faridabad Personal Loan amount by these steps

    01
    02
    Faridabad Personal Loan Payoff Outstanding Credit Card Bills

    Pay off your credit card bills

    “Faridabad

    Choose longer tenure loan up to 5 years


    Documentation needed to apply for an Faridabad 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

    Faridabad Personal Loan Interest RatesUpdated on 18 Nov 2018

    Faridabad 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 in Faridabad

    Faridabad is a leading industrial centre in Haryana. The city has a number of leading banks and NBFCs that offer personal loans to customers in Faridabad that can you meet your needs. Personal loans are offered at affordable rates with interest rates varying from one lender to another. Banks and NBFCs that operate out of Faridabad have a large number of financial products and these banking institutions offer other services such as asset management, alternate forms of commercial lending, core banking facilities, and investment advice.

    Personal Loans offered by various banks in Faridabad

    Some of the prominent financial institutions that are located in Faridabad that offer personal loans at attractive interest rates are listed below:

    • Citibank
    • IndusInd Bank
    • ICICI Bank
    • Standard Chartered
    • Kotak Business Loan
    • Oriental Bank
    • Capital First
    • Kotak Mahindra
    • HDFC Bank 

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

    If you want to apply for a personal loan in Faridabad, there are a few factors which you have to keep in mind. These can play a vital role in securing your loan. You will have to make sure that the information provided to the bank in regard to your loan application letter proves your creditworthiness to receive the loan. A good credit score is a key factor and this plays a vital role when applying for a loan. A credit score of 750 and above is considered as a good credit score to have and this plays a big role in getting your application for a personal loan approved. The interest rate that is levied on a personal loan also depends on this criteria. A credit score that is higher than the benchmark that has been set by banks and lenders will fetch a lower interest rate for your loan and vice-versa. If you have a bad credit score, you should do what you can to improve it. This can be done through a number of different ways. Paying off any unpaid premiums or loans is a good way to increase your score.

    You, as a borrower, should conduct your own research and make sure that you apply for a loan amount that covers your financial needs and requirements. If you have a clear perspective on the loan amount that you would require, you can avoid paying extra that goes towards the interest on a loan. But, you should also make sure that you do not opt for a loan amount that does not meet your financial needs. In such cases, you will be forced into applying for another loan which can prove to be quite a hassle. You could end up missing out on a payment which would lead to a drastic drop in your credit score and damage your creditworthiness.

    Personal Loan Interest Rates in Faridabad 2017

    There are a number of major public and private sector banking institutions that offer personal loans to the residents of Faridabad. Listed below are some of the banks in Faridabad and their interest rates:

    Bank Processing Fee Interest Rate Loan Amount Tenure
    Citibank 1% to 2.5% 11.49%-15.99% (Fixed) Rs.30 lakhs 1-5 years
    Capital First Up to 1.5% (OTF*) 12%-18% (Fixed) Rs.15 lakhs 1-5 years
    Standard Chartered Nil 10.99%-14.49% Rs.30 lakhs 1-5 years
    IndusInd Bank Up to Rs.3,000 (OTF) 11.99%-19% (Fixed) Rs.25 lakhs 1-5 years
    TATA Capital Nil 11.99%-19.50% Rs.20 lakhs 1-6 years
    ICICI Bank 2.25% (Min. Rs.1,149) 11%-17.99% Rs.20 lakhs 1-5 years
    Oriental Bank 0.5% (OTF) 10.85%-11.85% Rs.50,000-Rs.10 lakhs 1-5 years
    South Indian Bank 0.50% (OTF) 13% (Fixed) Rs.3 lakhs 1-4 years
    Fullerton 1.5% to 6% (OTF) 17.25% to 37% (Fixed) Rs.15 lakhs 1-4 years
    Kotak Business Loan 0.99% to 2% 12.99%-14.50% Rs.45 lakhs 1-5 years
    HDBFS Business Loan 2% (OTF) 15.95%-18.95% (Fixed) Rs.20 lakhs 1-3 years
    HDFC Bank Up to 2.5% (OTF) 10.99%-19.8% (Fixed) Rs.25 lakhs 1-5 years
    Allahabad Bank 1.22% (Min. Rs.1,228) 13.10% (Fixed) Rs.50,000 to Rs.7.5 lakhs 1-5 years
    Tamilnad Mercantile 1% (OTF) 14.30%-16.30% (Floating) Rs.2 lakhs Max. 1-5 years
    Bank of India Rs.1,000 to Rs.10,000 (GST not included) 13%-14% (Fixed) Rs.10,000-Rs.5 lakhs 1-3 years
    Dena Bank 1% (OTF) 13%-14% (Fixed) Rs.15,000 to Rs.1 lakh 1-3 years
    Kotak Mahindra Up to 2% 11.49% - 20.15%Fixed Rs.15 lakhs 1-5 years
    Bank of Baroda 1% (Min. Rs.1,000) OTF 11.35%-14.35% (Fixed) Rs.20,000 to Rs.2 lakhs 4 years
    BOM 1% (Min. Rs.1,000) 12.75% (Fixed) Rs.1.5 lakhs 1-3 years
    Karur Vysya 0.4% (OTF) 13.35%-15.85% Rs.1 crore Max. 1-3 years
    UCO Bank 1% (Min. Rs.750) OTF 11.35%-11.60% (Fixed) Rs.10 lakhs 5 years
    IDBI Bank 1%+S.T. (OTF) 12.20% (Floating) Rs.50,000 to Rs.10 lakhs 1-5 years
    Yes Bank Up to 2% (OTF) 14% (Fixed) Rs.20 lakhs 1-5 years
    Central Bank Rs.500 (OTF) 11.4% (Floating) Rs.10 lakhs 4 years
    Aditya Birla Nil 11.5%-13.25% (Fixed) Rs.30 lakhs 1-5 years
    Canara Bank Rs.1,000 to Rs.5,000 (OTF) 12.75% (Floating) Rs.3 lakhs 5 years
    Indian Bank Rs.508 to 0.508% (OTF) 12.65% to 13.65% (Floating) Rs.50,000 Max. 3 years
    IOB 1.01% to 1.10% (OTF) 13.65% (Fixed) Rs.1 lakhs to Rs.15 lakhs 1-5 years
    HDBFS 1%-2% (OTF) 13.99%-16.99% Rs.30 lakhs 1-5 years
    SBI 1% (OTF) 12.90%-14.90% Rs.24,000 to Rs.15 lakhs 5 years
    Vijaya Bank Nil 13.50% (Fixed) Rs.10 lakhs 1-5 years
    Union Bank 0.5% (Min. Rs.500) OTF 14.4% (Floating) Rs.5 lakhs Max. 1-5 years

    *OTF – One Time Fee

    Salary Requirements to Avail Personal Loans in Faridabad 

    There are a few factors that a banking institution has to consider when they receive a loan application. One criteria that they look for is your capability to repay the loan amount that you have borrowed. The salary requirements needed to repay a loan amount has been listed below:

    • Should be a resident of the city of Faridabad for a minimum of 1 year.
    • The applicant should have a minimum work experience of 2 years.
    • A salaried individual should earn a minimum monthly income of Rs.15,000. The minimum monthly income requirement will vary from one lender to another.
    • The applicant should not be younger than 21 years.
    • The applicant should not be older than 60 years.

    Faridabad Personal Loan FAQs

    1. How long does a bank take to approve an application for a personal loan?
    2. There are some banks that approve loan applications within 48 hours and there are other banks that take at least a week. Usually a loan application is approved within two and seven working days.

    3. How is a personal loan repaid?
    4. The personal loan can be repaid my paying the loan amount back to the bank in the form of Equated Monthly Instalments (EMIs) via post-dated cheques. You could even link your debit account to your loan if you have taken a loan from a bank where you have a savings bank account. The amount that you need to pay as EMI will automatically get deducted from your savings account.

    5. Will I require a guarantor when applying for a personal loan in Faridabad?
    6. You do not require a guarantor when applying for a personal loan.

    7. Are there any additional charges that an applicant has to pay when he/she gets a personal loan from a bank?
    8. Yes, there are a couple of different additional charges. Most banks charge an applicant an interest fee that ranges from 2% to 2.5% of the total amount that they wish to borrow. The fee is deducted from the amount that has to be disbursed to you.

    9. What are the documents that I have to submit when applying for a personal loan?
    10. If you are a self-employed individual, you will be required to provide information such as a balance sheet along with a profit and loss account which is audited or that has been CA certified for the past 3 years.

    Faridabad Personal Loan Reviews

    • review Personal Loan
      "Bad service"
      0.5 1.0/5 "Really Bad"
      I have been holding my personal loan with Home credit , there service they have provide me was not up to the mark, and the loan amount they have charged me was loan and i am not cleared with rate of interest i dont know , due to some personal problem i skiped 2-3 installments and they said that if i pay up to 3500 then i cal clear my loan amount but it effected in my credit score i asked the reason they said that they have i have not paid rate of interest yet.
      Was this review helpful? 0
      , faridabad
      Reviewed on Nov 16, 2018
    • Bank Bazaar Personal Loan
      "Good service"
      0.5 4.0/5 "Great!"
      I have been using bank bazaar service for first time, i came to know about bank bazaar service through on line as i was surfing for some personal loan and bank bazaar page was in the top so i had applied a loan from bank bazaar and i have been using website which is easy to access.
      Was this review helpful? 1
      , faridabad
      Reviewed on Nov 16, 2018
    • Early Salary Personal Loan
      "Excellent service"
      0.5 5.0/5 "Blown Away!"
      I have applied my personal loan with Early Salary recently, the loan amount they have given me was not sufficient to me they have given around 12,000 if i clear up to third December then my loan amount will get increase, the rate of interest they have charge me was nominal and there processing fee is zero charge.
      Was this review helpful? 0
      , faridabad
      Reviewed on Nov 16, 2018
    • review Personal Loan
      "Process is much easier"
      0.5 5.0/5 "Blown Away!"
      They must provided the interest rate 15% for my personal loan. Its easy to get a loan from CAPITAL finance. Within 20 days i have received my loan. They have charged me a processing fee of 2%. I have got a loan amount of Rs. 2.04 lakhs and i have chosen the tenure period for 4 years. I don't find any difficulties with them.
      Was this review helpful? 0
      , faridabad
      Reviewed on Nov 16, 2018
    • Bank Bazaar Personal Loan
      "Good website "
      0.5 4.0/5 "Great!"
      I have visited the website of bankbazaar of personal loan and the customer care executive has immediately called me and explained me product details. By Internet i have come to know about this website. Since last 2 years, i have started utilizing the website. There is no problem between the client and customer because of this website
      Was this review helpful? 0
      , faridabad
      Reviewed on Nov 16, 2018
    • Early Salary Personal Loan
      "Very Good Banking"
      0.5 5.0/5 "Blown Away!"
      I have taken the personal loan with Earlysalary 1 month before. I have taken the loan amount of Rs. 12000. The documentation process was good and i have given my salary slip, Aadhar card and PAN card, bank statement. I'm not sure about the interest rate. I have chosen the tenure period of 1 month and due is 10th December.
      Was this review helpful? 0
      , faridabad
      Reviewed on Nov 16, 2018
    • Bank Bazaar Personal Loan
      "Good"
      0.5 5.0/5 "Blown Away!"
      I am using bank bazaar for past 4 to 5 years. This is the first time, I have taken a personal loan. For any kind of queries, I will visit bank bazaar to get a solution. I do check my credit score. I prefer website, The options are simple and more flexible to access. Always I am getting a proper response.
      Was this review helpful? 0
      , faridabad
      Reviewed on Nov 15, 2018
    • Early Salary Personal Loan
      "Good"
      0.5 5.0/5 "Blown Away!"
      The rate of interest and charges are good for the personal loan. The loan was processed within a same day. I have taken 20K which will be paid at single payment. The customer service is good. The processing fee is just minimal. I make the payment through net banking. I have submitted the documents online.
      Was this review helpful? 0
      , faridabad
      Reviewed on Nov 15, 2018
    • Bank Bazaar Personal Loan
      "Excellent service"
      0.5 5.0/5 "Blown Away!"
      I came to know about this bank bazaar service while i was surfing Google i have applied credit card too in bank bazaar the service is quite good and even customer team is good they help me in applying a credit card from bank and the documentation part is good, i use bank bazaar website, i have been using this bank bazaar service from past 1-2 years.
      Was this review helpful? 0
      , faridabad
      Reviewed on Nov 14, 2018
    • Cashe Personal Loan
      "Excellent service"
      0.5 5.0/5 "Blown Away!"
      I have been holding my personal loan with CASH E recently,they have provided me sufficient loan amount and the rate of interest they have charged me is up to 2.5% which was nominal for me and processing fee they have charged up to 200 it is nominal and there was no issue in documentation,overall service was good.
      Was this review helpful? 0
      , faridabad
      Reviewed on Nov 14, 2018
    • Bank Bazaar Personal Loan
      "GOOD PORTAL"
      0.5 3.0/5 "Satisfactory"
      My experience with the Bank bazaar is very good also it is my first time experience with the Bank bazaar and i am using it through the website where the portal is comfortable to access. The customer support is good by explaining the details of the loan.
      Was this review helpful? 0
      , faridabad
      Reviewed on Oct 24, 2018
    • Tata capital Personal Loan
      "EXCELLENT SERVICE"
      0.5 3.0/5 "Satisfactory"
      I have been using the personal loan with the TATA CAPITAL LIMITED previously so i have taken it again. The loan amount is sufficient and also the rate of interest is 11.25% which is good and convenient. There is no processing fee but it is good.
      Was this review helpful? 0
      , faridabad
      Reviewed on Oct 24, 2018
    • Bank Bazaar Personal Loan
      "USER FRIENDLY"
      0.5 4.0/5 "Great!"
      I am using the Bank bazaar services for the first time with the bank bazaar. My experience is very good with this portal i have started using the bank bazaar through the website where it is user friendly to access. To sum up, I would say it its a good portal to use.
      Was this review helpful? 0
      , faridabad
      Reviewed on Oct 19, 2018
    • IndusInd Bank Personal Loan
      "GOOD"
      0.5 4.0/5 "Great!"
      The reason for taking the personal loan with the INDUSIND BANK is because of lower rate of interest. The process is very quick to get the personal loan. The service is good also i got the sufficient loan amount with this bank added on that the interest rate is good.
      Was this review helpful? 1
      , faridabad
      Reviewed on Oct 19, 2018
    • HDFC Bank Personal Loan
      "Good Service"
      0.5 5.0/5 "Blown Away!"
      I have taken 3 Lacs personal loan from the HDFC bank, the interest rate was normal. The application and the processing was easy and hassle free. They approved the loan with in no time. It has been a hassle free personal loan experience with the HDFC bank.
      Was this review helpful? 5
      , faridabad
      Reviewed on Sep 26, 2018
    • HDFC Bank Personal Loan
      "Good. ROI can be lesser"
      0.5 5.0/5 "Blown Away!"
      I have taken my personal loan from HDFC Bank. The process to get the loan is good and fast. The documentation was easy and smooth. There were no hassles in the process. The rate of interest is around 16% which is on the higher side. There was a processing fee taken as well.
      Was this review helpful? 3
      , faridabad
      Reviewed on Sep 24, 2018
    • Bank Bazaar Personal Loan
      "Normal Service"
      0.5 4.0/5 "Great!"
      I've been using the BankBazaar platform for a while. I have applied for a short term loan via BankBazaar. It was good, customer support support was good. BankBazaar is a convenient platform for comparing and choosing various financial products online.
      Was this review helpful? 5
      , faridabad
      Reviewed on Sep 19, 2018
    • Cashe Personal Loan
      "Awesome Service"
      0.5 5.0/5 "Blown Away!"
      I have taken a short term loan from the CashE. It was awesome, I got the loan on the same day with in hours. It was a very good experience and they processed the application very quick. It is a very good service for emergency financial aid.
      Was this review helpful? 5
      , faridabad
      Reviewed on Sep 19, 2018
    • Bank Bazaar Personal Loan
      "Excellent Service"
      0.5 5.0/5 "Blown Away!"
      It has been a very good experience i had with Bank Bazaar so far and i had been using the services of them from the recent times. I had been using the website as well as their mobile application and it has been easy in using it. Their customer support and their staff responses also had been good as well.
      Was this review helpful? 1
      , faridabad
      Reviewed on Sep 17, 2018
    • Cashe Personal Loan
      "Excellent Service"
      0.5 5.0/5 "Blown Away!"
      The process in getting this loan has been smooth and easy. The loan amount which they had provided has been less than what i was expecting but it was okay, and the interest rate with them has been a little high when compared with the market rate but it was fine. Their customer support had been good where they had been responsive.
      Was this review helpful? 1
      , faridabad
      Reviewed on Sep 17, 2018
    Common Loader Icon

    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.

    reTH65gcmBgCJ7k
    This Page is BLOCKED as it is using Iframes.