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Borrowing a personal loan from a trusted bank is the best option to meet your financial crisis. Since banks don’t monitor its usage, the amount can be used as required. Both salaried and self-employed individuals in Kanpur can apply for such loans.
Kanpur, the second largest city in Uttar Pradesh is situated at close proximity from its capital Lucknow.It’s based on the banks of river Ganges and is often called Manchester of the East.It has also been called the Leather city because of the number of top quality tanneries that are located here.
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.
Documentation needed to apply for an Kanpur 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
Kanpur Personal Loan Interest RatesUpdated on 21 Oct 2020
Kanpur Personal Loan Details
Interest Rate (Monthly reducing balance)
13.49% - 34%
1 year to 5 years
2% - 5%
No guarantor required
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I have taken personal loan through HDB Financial services.The rate of interest and the processing fee was very high due to my requirement this loan got processed. Am paying the premium on emi basis and they don't charge for the delayed payment.
I have taken the loan amount of Rs. 1.34 lakhs from TATA Capital with the duration of 48 months. They took almost 15 days to sanction this loan. Provided interest rate was 18.75% which is huge for me. I pay the EMI amount of Rs. 3989. I can do a part payment facility after 3 months.
I have taken HDFC Bank personal loan through Online .The rate of interest and the processing fee was little high .This loan got sanctioned on delay basis ,The loan process was clearly shared by the agent as well as got the update through online .I have submitted the documents through agent as well as uploaded through online.
I have taken a personal loan from Axis bank, the loan amount was Rs. 6 lakhs with tenure of 5 years. I am paying EMI of 14,353 rupees. They have provided a loan on a short time basis. Since bank has approached me, so I applied this loan from this bank. The customer service and response was good.
I have taken a personal loan from HDFC through online. The rate of interest was very low 10.99% and i have taken loan for Rs. 3.65L with the tenure of 60 months. I am paying EMI 8,200rupees and the customer service was okay. Documentation process was good and also it took 20 days to receive this card, which was very lengthy process. They deducted Rs. 10K for processing fee and i am not sure about the fore closure charges.
Earlier, I had a personal loan with ICICI BANK and there was no hassle on the process. They have charged me interest rate of 14% at that time, it was bit higher but they made it very clear before disbursement and have taken because of my need. I have completed the loan and got NOC letter also.
The customer support was okay but the charges which HDFC BANK added to me on personal loan which am not satisfied. The processing fee and insurance charges are added without my concern and while processing they said me 0.5% processing fee but while disbursing, it was 1%. They did not given me breakup on the charges.
I applied for HDFC Bank personal loan and the same was disbursed in 20days but the rate of interest was very high compare to other Banks, documentation process was paperless an they had been explained everything very clearly while applying for the personal loan.
I have applied for HDFC Bank personal loan through Online .I have got the loan on delay basis and got the reason as well ,The rate of interest and the processing fee was nominal,There was no drawbacks faced so far ,The agent gave all the information about the loan process.I am totally satisfied with the service until i received the loan.
I have taken a personal loan in HDFC BANK on 2016, the experience was better but not satisfactory. Their customer service is not up to the mark and they are not giving response on time. The interest rate is also high. The loan duration is 4 years and it will complete around next year May or June.
My personal loan got declined due to my address proof because it was not updated in my bank passbook. The rate of interest was more higher in Fullerton and HDFC BANK. I don't know about the processing fee. I have not submitted any documents to Fullerton.
I came to know the interest rate is 23% with Fullerton which am not interested to continue the personal loan which is very high and am expecting around 10.5 to 12.5%. The services are not up to the mark. I just filled the online application and not upload any documents.
I have applied for Fullerton personal loan through Online .I have not availed this loan since there was no requirement and the rate of interest was high .I have not submitted any documents and i have got all the required information about the loan process.There was no proper callback and response later.
I have applied for HDFC Bank personal loan through Online .I have not availed this loan since thee was no requirement and the rate of interest was high and there was no proper response and callback from bank end .I have not submitted any of my documents .I am satisfied with the service so far .
I already taken personal loan from AXIS, they are very good in service but the interest rate is not upto the mark I felt its slightly higher. They gave me 15% of interest for the loan amount of Rs. 2 lakhs with the duration of five years. It would be great if they reduce the interest.
From the HDFC end, no body contacted me for the document verification. One guy called me for the paper collection but they didn't turn up. They should be more cooperative to the customer, they should update the status of rejecting the application.
My experience is very much satisfactory with HDFC BANK and the process was very simple and everything was flawless. I took my personal loan through online channel. The interest rate is okay and also they have deducted a processing fee from the loan amount. The tenure period is 24months.
I have taken a consumer durable loan with Bajaj Finserv for purchasing mobile phone. The rate of interest was worth and there was a processing fee of approx 450 to 499 rupees for the loan amount of 15K. The tenure period is 8 to 10 months. I have made down payment of 3K.
I have taken a personal loan from ICICI with the amount of Rs. 5 lakhs for the 4 years tenure in that 1 year is already completed. They have offered me a interest rate of 10.5%. I have a salary account with them on behalf that they have done the verification also for sanctioning the loan. Their response is very quick hence they have provided the loan within a 10 days. They called me proactively and the given the list of documents what i need to submit after that they have approved the loan in 7 days and disbursed all the amount.
I have been holding my personal loan with HDFC bank for recently, the loan amount which they have given to me was good, they have given me up to 2,15,000 which was sufficient, the rate of interest they have charged me was nominal, i got pre-approval loan from their end, so far i did not face any issue.
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TEJ BAHADUR MISH
Reviewed on Jun 14, 2019