• loading

    We found 35 Gurgaon Personal Loan
    Bank Name
    Interest Rate Range
    Processing Fee Range
    Loan Amount
    Tenure Range
    10.99% - 16.99% Fixed
    Up to 2%
    30L Max
    1-5 Years
    Response Time : Within 30 minutes
    Rs.1,000 Amazon Voucher Ad
    What you'll love
    Documents
    Perks
    Fees & Charges
    Good to Know
    Eligibility Criteria
    Customer Reviews
    11.50% - 17.25% Fixed
    0 Bankbazaar Exclusive
    20L Max
    1-6 Years
    Response Time : Within 30 minutes
    Rs.1,000 Amazon Voucher 100% PAPERLESS APPROVAL
    What you'll love
    Documents
    Perks
    Fees & Charges
    Good to Know
    Eligibility Criteria
    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 100% PAPERLESS APPROVAL
    What you'll love
    Documents
    Perks
    Fees & Charges
    Good to Know
    Eligibility Criteria
    10.99% - 20.75% 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
    11.5% - 13.5% Fixed
    1% + applicable tax One time fee
    2L - 25L
    1-5 Years
    Response Time : Within 30 minutes
    Rs.1,000 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
    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 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
    10.99% - 18.15% Fixed
    Up to 2.5%
    25L Max
    1-5 years
    Response Time : Within 30 minutes
    Rs.1,000 Amazon Voucher
    What you'll love
    Documents
    Perks
    Think about
    Fees & Charges
    Good to Know
    Eligibility Criteria
    Customer Reviews
    10.99% - 14.49% Fixed
    0%
    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
    11.00% - 13.75% Fixed
    1% One time fee
    30L Max
    1-5 Years
    Response Time : Within 30 minutes
    What you'll love
    Documents
    Perks
    Fees & Charges
    Good to Know
    Eligibility Criteria
     Loading your search... Loading your search...
  • Gurgaon Personal Loan is Rated as "Great!" by 1565 Users

    Fees & Charges

    Promised Interest Rate

    Customer Service

    Responsiveness

    Personal Loan BYTES FROM OUR KITCHEN

    Gurgaon Personal Loan

    Gurugram is a financial and technology city, which is located very close to the national capital of India. It used to be known as Gurgaon. The city is officially now known as Gurugram. The city is now famous for its innovative office spaces, shopping malls, apartments, etc.

    If you are looking for a personal loan in this city, you can apply for one from a bank or a non-banking financial company (NBFC). You may apply for a loan as per your requirement by comparing rates of interest, processing fee, and other charges.


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

    01
    02
    03
    04
    Gurgaon Personal Loan Minimum Age

    At least 21 years old

    Gurgaon Personal Loan Maximum Age

    Less than 65 years old

    Gurgaon Personal Loan Eligible Employment Type

    Salaried / Self – Employed
    with regular income

    Gurgaon Personal Loan Minimum Income

    Earn more than the minimum
    income required


    Your Gurgaon Personal Loan amount eligibility is based on these factors

    01
    02
    03
    Gurgaon Personal Loan Minimum Salary

    Minimum income required
    Rs.17,500 per month

    Gurgaon Personal Loan Maximum Loan Funded

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

    Gurgaon Personal Loan EMI

    EMIs of other loans lower
    your eligibility


    Increase your eligible Gurgaon Personal Loan amount by these steps

    01
    02
    Gurgaon Personal Loan Payoff Outstanding Credit Card Bills

    Pay off your credit card bills

    “Gurgaon

    Choose longer tenure loan up to 5 years


    Documentation needed to apply for an Gurgaon 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

    Gurgaon Personal Loan Interest RatesUpdated on 23 May 2018

    Gurgaon Personal Loan Details
    Interest Rate (Monthly reducing balance) 10.99% to 24% p.a.
    Processing Fees Up to 2.5% of the loan amount
    Loan Tenure 1 year to 5 years
    Pre-closure Charges 2% - 5%
    Guarantor Requirement No guarantor required

    Personal Loans offered by Various Lenders in Gurugram

    A few of the top lenders that offer personal loans in the city of Gurugram include:

    • Punjab National Bank
    • Fullerton India
    • ING Vysya Bank
    • Standard Chartered Bank
    • Bank of Punjab
    • UCO Bank
    • IndusInd Bank
    • Kotak Mahindra Bank
    • Oriental Bank of Commerce
    • State Bank of India (SBI)
    • Bank of Maharashtra
    • The Bank of Rajasthan
    • Indian Overseas Bank
    • Dena Bank
    • Corporation Bank
    • Deutsche Bank
    • Tata Capital
    • Citibank
    • Andhra Bank
    • IDBI Bank
    • Aditya Birla
    • Vijaya Bank
    • ICICI Bank
    • Axis Bank
    • HDFC Bank
    • Syndicate Bank

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

    People avail personal loans for various reasons, such as paying for home improvements, further education, household expenses, vehicle financing, etc. Getting the best interest rates on personal loans is hence, a great way to save money as you can cut the amount of interest paid towards EMIs over an extended period of time. Listed below are some ways in which you can get a low interest rate on your personal loan in Gurgaon and avoid a large debt:

    1. Display creditworthiness - You have to first understand why your credit score is crucial for availing a loan. Based on your debt history, your credit score will measure your creditworthiness, and hence, the repayment possibility. Having a low credit score indicates that you may not pay your loan back, and hence, it poses a risk to lenders. In such a scenario, the lender compensates the risk by charging a higher interest rate on the loan.

      Customers can check their credit scores online at the websites of any of the three credit reporting bureaus, TransUnion/CIBIL, Experian, and Equifax. It is possible to get your credit score for free. If your credit score is a high value, it shows your creditworthiness. A score of 700 is a good value.

    2. Improve your credit score - If your credit score is a low value, then you can consider improving it, but you will have to think about how long you can wait before availing the loan. If you can afford to wait for some months or even years, then it is wise to build a better credit before initiating the loan application.

      Those with low credit scores can negotiate with lenders or implement better spending habits to boost their credit score. You can also attempt to repair your credit history and remove the damaging entry on your credit report. In order to build a good credit report, you will have to consistently make your EMI payments in full and on time, for months or even years.

    3. Getting better terms on your loans - Some banks offer personal loans with better interest rates when an asset is secured under the debt as a collateral. So, if you have a valuable asset, such as an equity or a car, you can get a lower interest rate on your personal loan if you secure it with that asset. In such a situation, if you are unable to repay your loan, the lender can take possession of the asset as compensation. Loans with a collateral are also easier to get, particularly for those with bad credit.

      You can also consider taking a loan with a floating loan rate, where the interest rate increases with the prime lending rates. Alternatively, you can ask a family member or a friend to co-sign your loan. This way, you can avail a loan on their creditworthiness. Comparing rates of loans across various lenders is a great way to understand the best offers from banks. You can utilise the loan comparison facility offered by neutral third-party financial websites for the same.

    Personal Loan Interest Rates in Gurgaon 2018

    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
    IndusInd Bank 11.99% to 23% Rs.2,224 Up to 2.50%
    Tata Capital 11.99% to 18% Rs.2,224 2%
    Citibank 10.99% to 16.49% Rs.2,174 Up to 2%
    Bajaj Finserv 11.99% to 15.50% Rs.2,224 2.25% to 3%
    RBL Bank 16% to 20% Rs.2,432 Up to 1.25%
    IDFC Bank 11.49% to 19.50% Rs.2,199 Up to 2.50%
    ICICI Bank 11.59% to 22% Rs.2,204 Up to 2.25%

    Salary requirements to avail Personal Loans in Gurgaon

    For an applicant to be eligible for a personal loan in Gurgaon, he/she should be of an age between 21 and 60 years. Although the eligibility criteria varies according to the bank, the minimum income requirement is usually Rs.15,000 per month for salaried individuals. The salary requirement also varies according to the city in which you live and the company you are employed with. The minimum total work experience expected is 2 years.

    FAQs for Personal Loan in Gurgaon

    1. What documents need to be submitted when applying for a personal loan in Gurgaon?

      The applicant is required to submit the following documents to avail a personal loan in Gurgaon:

      • Three passport size photos
      • ID proof - This could be Aadhaar, Voter ID, Passport, etc.
      • Proof of residence - This could be the landline phone bill, rental agreement, Passport, bank statement, etc.
      • Copy of PAN Card
      • Age proof - This could be driver’s license, Passport, copy of PAN Card, etc.
      • Proof of income - Payslips for the last 3 months can be shown as proof of income
      • Bank statement - Bank statements for 6 months are usually required when applying for the loan
      • Proof of job stability and continued employment - This could be the Form 16 or offer letter from the employer
    2. What is the difference between fixed and floating interest rates?

      For a personal loan with fixed interest rate, the EMIs will be fixed. If you opt for a floating interest rate on your loan, the EMIs will decrease progressively, as it follows the reducing balance method of interest calculation. According to the latest MCLR rules, floating rates may be altered either on an annual or half-yearly basis.

    3. Is it possible to prepay my personal loan?

      Yes, most banks allow prepayment of personal loans. However, some banks require borrowers to pay a certain number of EMIs before the loan can be prepaid. Prepayment charges may also be levied by some banks on the outstanding loan amount.

    4. How long does it take for my loan to be approved?

      The approval of your personal loan is at the sole discretion of the lender. The whole process takes between 48 hours to 2 weeks. After you submit all the necessary documents and the verification is complete, the loan will be disbursed by the bank within 7 working days.

    5. Can I avail any tax benefits on my personal loan?

      Usually, personal loans do not offer any tax benefits. However, if you take one for the renovation of your home, you may be eligible for tax deductions under Section 24 of the Income Tax Act. This tax rebate is limited to only the interest, and not the entire principal amount.


    Gurgaon Personal Loan Reviews

    • Bank Bazaar Personal Loan
      "Very good service"
      0.5 5.0/5 "Blown Away!"
      The response part was quite good from the bank bazaar team. The bank bazaar service is very good and they will support the customers to get the best financial product in the market. I know bank bazaar for more than a year. The bank bazaar website is easy to use and user friendly.
      Was this review helpful? 0
      , gurgaon
      Reviewed on May 16, 2018
    • Kotak Personal Loan
      "Good service"
      0.5 4.0/5 "Great!"
      The personal loan service was good and i have got prompt response from them. The customer support service is good from the Kotak mahindra bank. I have got the loan amount within 3 to 4 days of time. The required loan amount has been given but the hidden charges can be reduced.
      Was this review helpful? 0
      , gurgaon
      Reviewed on May 16, 2018
    • Bank Bazaar Personal Loan
      "Services are good"
      0.5 4.0/5 "Great!"
      It was a good experience with Bankbazaar.com and there was no hassles in the process. They been on time to contact me and inform me the details. They also follow ed up as well in the process. The website is good and it is very convenient to use and understand.
      Was this review helpful? 0
      , gurgaon
      Reviewed on May 11, 2018
    • Citibank Personal Loan
      "Unhappy with the services"
      0.5 1.0/5 "Really Bad"
      I had applied for a personal loan with Citibank and I just got one call informing me that the application has been submitted. After which the verification did not happen and there was no information as to why the loan got declined. Not sure on the interest rate and charges.
      Was this review helpful? 0
      , gurgaon
      Reviewed on May 11, 2018
    • HDFC Bank Personal Loan
      "Very good service"
      0.5 5.0/5 "Blown Away!"
      I got the personal loan from the HDFC bank around 4 years ago. The customer support service and the response was good from the HDFC bank and they gave me prompt response from them. I have got the loan amount within 4 to 5 days of time. The rate of interest and the charges are average here.
      Was this review helpful? 0
      , gurgaon
      Reviewed on May 08, 2018
    • Bank Bazaar Personal Loan
      "Excellent service"
      0.5 5.0/5 "Blown Away!"
      I have applied for the personal loan via bank bazaar and I have got quite quick response from them. The customer support service and the response is good with the bank bazaar. I would say in bank bazaar everything is available in the single page.
      Was this review helpful? 0
      , gurgaon
      Reviewed on May 08, 2018
    • Citibank Personal Loan
      "Response need to improved"
      0.5 3.0/5 "Satisfactory"
      I haven't got prompt response from the Citibank in regards to my personal loan application. The customer support service and the response part need to be improved with the Citibank and they need to respond to the customer. The rate of interest and the charges are low with Citibank.
      Was this review helpful? 0
      , gurgaon
      Reviewed on May 08, 2018
    • Bank Bazaar Personal Loan
      "Average service"
      0.5 5.0/5 "Blown Away!"
      The promotional offers has been sent on the last date . The offers need to be given on time by the bank bazaar team. The customer support team need to check the feasible time to reach the customers. The response need to be focused by the bank bazaar.
      Was this review helpful? 0
      , gurgaon
      Reviewed on Apr 11, 2018
    • Citibank Personal Loan
      "Excellent service"
      0.5 5.0/5 "Blown Away!"
      I have got the personal loan from the Citibank within 2 days of time. The customer support service is good with the Citibank, their executives came to my place to collect the documents. The required loan amount has been given and I am satisfied with it.
      Was this review helpful? 0
      , gurgaon
      Reviewed on Apr 11, 2018
    • HDFC Bank Personal Loan
      "Good service"
      0.5 4.0/5 "Great!"
      I have taken a personal loan with HDFC bank and my loan experience was good. The loan amount was for Rs 2 lakhs with rate of interest of 6.75% which is less when compared to other banks. Customer service was fine, they responded on time and the tenure period of this loan is 1 year.
      Was this review helpful? 0
      , gurgaon
      Reviewed on Apr 11, 2018
    • Bank Bazaar Personal Loan
      "Excellent service"
      0.5 5.0/5 "Blown Away!"
      The bank bazaar service is good and they give good response to the customers. It is ease to access and comparing the products and it is to apply for any products. The customer support service is good with the Indus ind bank. I know bank bazaar for more than a year.
      Was this review helpful? 0
      , gurgaon
      Reviewed on Mar 26, 2018
    • IndusInd Bank Personal Loan
      "Excellent service"
      0.5 5.0/5 "Blown Away!"
      The overall loan service was good with the Indus ind bank. They have disbursed the loan amount within the promised time. The customer support service and the response is good from the Indus ind bank. The rate of interest and the charges are low with the Indus ind.
      Was this review helpful? 0
      , gurgaon
      Reviewed on Mar 26, 2018
    • Bank Bazaar Personal Loan
      "Satisfied"
      0.5 4.0/5 "Great!"
      Bankbazaar.com is good overall in the services. The customer support and response is good and there are no issues in the experience. The website is also good and there are no hassles to navigate through to find the right bank. It is user friendly.
      Was this review helpful? 0
      , gurgaon
      Reviewed on Mar 25, 2018
    • HDFC Bank Personal Loan
      "Good. Can be more quick"
      0.5 4.0/5 "Great!"
      The processing time at HDFC Bank for the personal loan is too long. The documentation was on time. The rate of interest is around 14% and the processing charges is normal. The disbursement of time is as per my requirement. They could be more quick in the process.
      Was this review helpful? 0
      , gurgaon
      Reviewed on Mar 25, 2018
    • Axis Bank Personal Loan
      "Best Service"
      0.5 5.0/5 "Blown Away!"
      I have taken a preapproved personal loan with Axis bank and the experience was good. The loan amount was for Rs 90000 with nominal rate of interest when compared to all other banks. The process was smooth and i received my loan amount on time. Customer service was good and the tenure of this loan is 9 months.
      Was this review helpful? 0
      , gurgaon
      Reviewed on Mar 24, 2018
    • Bank Bazaar Personal Loan
      "Satisfied"
      0.5 5.0/5 "Blown Away!"
      The services at Bankbazaar.com is good overall and the team communicated on time and there are no hassles in the process. There were follow up calls and the website is also good. The details are clear and it is convenient to navigate through.
      Was this review helpful? 0
      , gurgaon
      Reviewed on Mar 24, 2018
    • Aditya Birla Finance Personal Loan
      "High ROI and charges"
      0.5 3.0/5 "Satisfactory"
      I have taken my personal loan from Aditya Birla Finance. The rate of interest is of 13.5% and the processing charges is of 7K. The tenure is for five years. I was told that the interest rate is on a floating basis. Later I got to know that it is fixed.
      Was this review helpful? 0
      , gurgaon
      Reviewed on Mar 24, 2018
    • Citibank Personal Loan
      "Good service"
      0.5 4.0/5 "Great!"
      It just took 3 to 4 days time to disburse the personal loan amount from the Citibank. The customer support service is good from the CITIBANK and they give good response to the customers. The rate of interest and the charges are average with the citibank services.
      Was this review helpful? 0
      , gurgaon
      Reviewed on Mar 23, 2018
    • Bank Bazaar Personal Loan
      "Easy process"
      0.5 5.0/5 "Blown Away!"
      The process at Bankbazaar.com is good and there were no issues in getting the details of the banks. The customer services and response is on time and there were follow up calls as well. The website is good and it is easy to understand and follow.
      Was this review helpful? 0
      , gurgaon
      Reviewed on Mar 23, 2018
    • Citibank Personal Loan
      "Good overall"
      0.5 4.0/5 "Great!"
      It was a good process with Citibank for the personal loan. They have contacted me on time and informed me the details. The customer services and response is good and the document process was also smooth. The rate of interest and processing charges is also normal.
      Was this review helpful? 0
      , gurgaon
      Reviewed on Mar 23, 2018
    Common Loader Icon
  • reTH65gcmBgCJ7k
    This Page is BLOCKED as it is using Iframes.