Multiple banks. Different interest rates. Call it a "conflict of interest".
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    We found 32 Faridabad Personal Loan
    Bank Name
    Interest Rate Range
    Processing Fee Range
    Loan Amount
    Tenure Range
    10.99% - 15.99% Fixed
    Up to 2%
    30L Max
    1-5 Years
    Response Time : Within 30 minutes
    Rs.1,000 Amazon voucher free Ad
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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
    Documents
    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 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 available
    What you'll love
    Documents
    Perks
    Fees & Charges
    Good to Know
    Eligibility Criteria
    Customer Reviews
    12.99% - 16.99% 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
    What you'll love
    Documents
    Perks
    Fees & Charges
    Good to Know
    Eligibility Criteria
    13% - 21% Fixed
    Up to 2%
    Upto 25L
    1-5 years
    Response Time : Within 30 minutes
    Rs.1,000 Amazon voucher free Paperless approval available
    What you'll love
    Documents
    Perks
    Think about
    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 available
    What you'll love
    Documents
    Perks
    Think about
    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
    What you'll love
    Documents
    Perks
    Think about
    Fees & Charges
    Good to Know
    Eligibility Criteria
    Customer Reviews
    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
    What you'll love
    Documents
    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 available
    What you'll love
    Documents
    Perks
    Think about
    Fees & Charges
    Good to Know
    Eligibility Criteria
    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
    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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  • Faridabad Personal Loan Reviews

    • Bank Bazaar Personal Loan
      "Prompt Service"
      0.5 4.0/5 "Great!"
      If the particular service is satisfactory then no one would give suggestions for the particular service provider, similarly I have no suggestions for bankbazaar services. In other words, it is a prompt service for my loan process from bankbazaar.
      Was this review helpful? 0
      , faridabad
      Reviewed on Sep 07, 2017
    • ICICI Bank Personal Loan
      "Moderate service"
      0.5 3.5/5 "Pretty good"
      I had no issues with ICICI bank for the personal loan but I want to mention that the interest rate is higher than the other banks. Even the customer service and their responses are good. I did not face any challenges with the bank for the personal loan process. But the interest rate is higher.
      Was this review helpful? 0
      , faridabad
      Reviewed on Sep 07, 2017
    • Bank Bazaar Personal Loan
      "Fair Response"
      0.5 5.0/5 "Blown Away!"
      I have got the best support from bankbazaar for my personal loan process. I got the loan through bankbazaar. I have to say that I had received regular followups from bankbazaar side and the communication from them about the status of the loan application is just fine.
      Was this review helpful? 0
      , faridabad
      Reviewed on Sep 07, 2017
    • Capital First Personal Loan
      "Good Experience"
      0.5 4.0/5 "Great!"
      My loan experience with Capital First is really good. They provided the personal loan with a good interest rate. The personal loan got disbursed on time and there was no single issue with them when my loan application is under- progress....
      Was this review helpful? 0
      , faridabad
      Reviewed on Sep 07, 2017
    • HDFC Bank Personal Loan
      "Good Service"
      0.5 4.0/5 "Great!"
      HDFC bank has offered me a personal loan with the low interest rate. They have disbursed my loan amount with in a day time. The customer service gave good response in regards to my personal loan disbursement. I have applied personal loan through HDFC net banking, as I am an existing customer to HDFC bank they have disbursed my loan within short time.
      Was this review helpful? 0
      , faridabad
      Reviewed on Sep 06, 2017
    • HDFC Bank Personal Loan
      "Good Service"
      0.5 4.0/5 "Great!"
      HDFC bank has offered me a personal loan with the low interest rate. They have disbursed my loan amount with in a day time. The customer service gave good response in regards to my personal loan disbursement. I have applied personal loan through HDFC net banking, as I am an existing customer to HDFC bank they have disbursed my loan within short time.
      Was this review helpful? 0
      , faridabad
      Reviewed on Sep 06, 2017
    • Bank Bazaar Personal Loan
      "Prompt response"
      0.5 5.0/5 "Blown Away!"
      The process at Bankbazaar was good and they were on time in contacting me and inform me the details I needed. It was a simple process to register my details and as soon as I did. The response was prompt. The website is also good enough, it is informative and easy to navigate.
      Was this review helpful? 0
      , faridabad
      Reviewed on Sep 05, 2017
    • Tata capital Personal Loan
      "Experience is excellent"
      0.5 4.5/5 "Excellent!"
      The experience was good at Tata Capital as it was a on time process. They took three to four days for the personal loan disbursement. The rate of interest was around 11.75% (flat) and there was no processing charges. It was a nice experience and hassle free overall.
      Was this review helpful? 0
      , faridabad
      Reviewed on Sep 05, 2017
    • Bank Bazaar Personal Loan
      "Fair Service"
      0.5 4.0/5 "Great!"
      Bankbazaar services are equally good and there are no suggestions for them from my side. When I was planning for the personal loan, I approached bankbazaar and submitted the form online. They provided a good service for my loan application and everything went good.
      Was this review helpful? 0
      , faridabad
      Reviewed on Sep 05, 2017
    • ICICI Bank Personal Loan
      "Good Customer service"
      0.5 4.0/5 "Great!"
      The time when I applied for the personal loan through third party online source, they had submitted my loan application to the ICICI bank. I had received a very good response from the bank. Due to some documentation thing I had closed my application. I have no suggestions for ICICI bank.
      Was this review helpful? 0
      , faridabad
      Reviewed on Sep 05, 2017
    • HDFC Bank Personal Loan
      "Good service"
      0.5 3.0/5 "Satisfactory"
      The personal loan process was fine with HDFC bank. The response part has to be maintained with HDFC . The transparency is needed in the process. They have disbursed the in loan amount within the promised time. It is higher than normal time. The rate of interest is low when compared with others.
      Was this review helpful? 0
      , faridabad
      Reviewed on Aug 28, 2017
    • Bank Bazaar Personal Loan
      "Excellent process"
      0.5 5.0/5 "Blown Away!"
      I did not face any hassles in the Bankbazaar process and the customer support has been good. The overall experience is fine as I received calls on time after I placed a request and the website has also been supportive to choose the best bank suitable to me.
      Was this review helpful? 0
      , faridabad
      Reviewed on Aug 24, 2017
    • Tata capital Personal Loan
      "Satisfactory services"
      0.5 5.0/5 "Blown Away!"
      The process overall was good at Tata capital. I had taken a personal loan. The only thing was I had to submit the same paperwork thrice over and over again. The interest rate and processing charges were very much normal. I got a fixed rate of 11.99% for the tenure of five years.
      Was this review helpful? 0
      , faridabad
      Reviewed on Aug 24, 2017
    • Punjab National Bank Personal Loan
      "Average Service"
      0.5 3.0/5 "Satisfactory"
      I went to Punjab National Bank and tried to apply for the personal loan. They are very straight forward and they said openly that they would provide loans only for the salaried people. I guess the bank is not much interested in providing loans and other services to the people.
      Was this review helpful? 0
      , faridabad
      Reviewed on Aug 17, 2017
    • Kotak Personal Loan
      "Moderate Service"
      0.5 3.0/5 "Satisfactory"
      I wanted to go with Kotak Mahindra bank for the personal loan process because this is my existing bank and I do hold salary account. But unfortunately, I could not take the loan from Kotak, but I availed the loan from other financial institution. The major reason behind this is, only because of the high interest rate and processing fee. The bank may consider me when I approach them for the loan as I am a 3.5 years old customer of Kotak.
      Was this review helpful? 0
      , faridabad
      Reviewed on Aug 17, 2017
    • Bajaj Finserv Personal Loan
      "Should be convenient"
      0.5 1.0/5 "Really Bad"
      My personal loan experience with Bajaj Finserv is not good and I do not want to go with them again. First thing, I was not addressed by their executive in a proper manner. Even online facility is not user friendly. Then, the interest rate is too high which is around 16.5%. Finally, they charged me 10000 for insurance on the loan amount of four lakhs. Hence I closed my loan.
      Was this review helpful? 0
      , faridabad
      Reviewed on Aug 17, 2017
    • Bank Bazaar Personal Loan
      "Good to go with bankbazaar"
      0.5 5.0/5 "Blown Away!"
      It is very easy to get the loan with the help of bankbazaar. If I approach the bankers directly, it is quite impossible to get a proper service. If I did not approach the bank through bankbazaar, I would not received a service in a proper manner.
      Was this review helpful? 0
      , faridabad
      Reviewed on Aug 17, 2017
    • Tata capital Personal Loan
      "As of now it is good"
      0.5 5.0/5 "Blown Away!"
      As of now, I do not want to reduce my ratings for Tata Capital. Because recently I had taken the personal loan from them. During the loan process, everything was good and I am happy about the interest rate which is quite satisfactory. But the drawback is, they had deducted one EMI while disbursing the amount. As I started to experience Tata capital, I would rate them again once I had enough experience with those people.
      Was this review helpful? 0
      , faridabad
      Reviewed on Aug 17, 2017
    • IDBI Personal Loan
      "Best bank"
      0.5 5.0/5 "Blown Away!"
      The executive was very knowledgeable at IDBI. When I applied for a personal loan, I only had to send him one email with all the necessary documents. From my statements to my ID and address proof and income proof as well. The process was smooth and I got the loan on time without any issues, unlike the experience I had at PNB housing finance.
      Was this review helpful? 0
      , faridabad
      Reviewed on Aug 05, 2017
    • Bank Bazaar Personal Loan
      "Good Website"
      0.5 5.0/5 "Blown Away!"
      I got a promotional mail from Bank Bazaar through that I applied for the personal loan. Which provides comparison of banks rates. Through Bank Bazaar I got a lesser interest. 11.9% from TATA Capital. Bank Bazaar is a time saving website instead of visiting the bank for the loan product rather I can visit this site and one can acquire the information.
      Was this review helpful? 0
      , faridabad
      Reviewed on Aug 03, 2017
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    Faridabad Personal Loan is Rated as "Great!" by 458 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 20 Sep 2017

    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.

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