Loading your search...

Kolkata Personal Loan Reviews

Write a Review

Customer Support

"Easy to Navigate"

0.5 5.0/5 "Blown Away!"

Its very nice experience with Bank Bazaar, their customer service is good. As soon as I have applied for the personal loan they consider the call and helped on the loan process. First time I used Bank Bazaar, it gave time saving process. I could compare all the offers of other banks its great.

Was this review helpful? 0
Thank you for your vote

Thanks, you've already rated this review

SUBHAJIT SENGUPTA , kolkata
Reviewed on Aug 17, 2017
Personal Loan

"Hassle free and customer friendly"

0.5 5.0/5 "Blown Away!"

I had very good experience with Indusind, they have processed the personal loan within a week, Documentation process was quite good. Interest rate was also nominal as per other banks. Service is also extra ordinary within the time limit they done the process.

Was this review helpful? 0
Thank you for your vote

Thanks, you've already rated this review

SUBHAJIT SENGUPTA , kolkata
Reviewed on Aug 17, 2017
Customer Support

"Nice Experience"

0.5 4.0/5 "Great!"

I am happy with the overall experience at Bankbazaar.com, I appreciate the team contacting me on time and informing me the details and also following up right till the end. The website is good, it is easily understandable and the process of registration is also simple.

Was this review helpful? 0
Thank you for your vote

Thanks, you've already rated this review

RINKI KARMAKAR , kolkata
Reviewed on Aug 17, 2017
Personal Loan

"Services are good"

0.5 5.0/5 "Blown Away!"

It was a good experience with Fullerton, I am happy with the process. I have taken a personal loan and the customer services is good. They were responsive in collecting the documents and the processing my papers. The interest rate and processing charges was average.

Was this review helpful? 0
Thank you for your vote

Thanks, you've already rated this review

RINKI KARMAKAR , kolkata
Reviewed on Aug 17, 2017
Personal Loan

"Not flexible"

0.5 2.0/5 "Expected more"

KOTAK made me to run around here and there for the personal loan. one person took the request and processed the request. They called me and informed that were in of list of documents multiple times, it was a fault from their end the person who took the request did not execute the process properly before it could move to the next department. Had he completed the process on time, my loan would have got processed on time.

Was this review helpful? 0
Thank you for your vote

Thanks, you've already rated this review

ABHISHEK BISWAS , kolkata
Reviewed on Aug 17, 2017
Customer Support

"Very good support"

0.5 5.0/5 "Blown Away!"

Bankbazaar is the fastest service provider. When I had applied for the loan, I was able to understand the value of credit score and I got some fair idea as how to apply for the loan also it is very much easy to apply for the loan after checking the free creditÂ score on this site. In addition to the above, the moment I applied for the loan I got a call back with in one or 2 hours, looks like they are very much eager to serve their customer Â based on their needs.

Was this review helpful? 0
Thank you for your vote

Thanks, you've already rated this review

ABHISHEK BISWAS , kolkata
Reviewed on Aug 17, 2017
Personal Loan

"Very fast in processing "

0.5 3.0/5 "Satisfactory"

HDFC bank was always focusing on the processing of loan. The only hiccup I observed was inspite of me uploading the documents online . I was asked to provide hard copies with attestationÂ which was unnecessary . First of all they took some documents from me and later asked me to sign it . But, I am okay with the rates as they are very fast in processing the loan.

Was this review helpful? 0
Thank you for your vote

Thanks, you've already rated this review

ABHISHEK BISWAS , kolkata
Reviewed on Aug 17, 2017
Customer Support

"One of the best experience"

0.5 5.0/5 "Blown Away!"

Bank bazaar is very co operative and they helped me to get in touch with the partner bank immediately in concern to my personal loan application. Whenever I asked for a call back they will fulfill my requirement. They give their service without the delay . The website of bank bazaar is easy to use and user friendly. I am happiest customer of bank bazaar.

Was this review helpful? 0
Thank you for your vote

Thanks, you've already rated this review

PRATEEK KUMAR SARKAR , kolkata
Reviewed on Aug 16, 2017
Personal Loan

"Below Average service"

0.5 2.0/5 "Expected more"

The Interest rate which I was seen in the online portal is different and they have approved the loan for different interest rate. I have asked them to close the loan application,then they were asking me the reason why I haven't go with loan. The transparency need to improved with HDFC bank.

Was this review helpful? 0
Thank you for your vote

Thanks, you've already rated this review

PRATEEK KUMAR SARKAR , kolkata
Reviewed on Aug 16, 2017
Customer Support

"Excellent services"

0.5 5.0/5 "Blown Away!"

My experience was good at Bankbazaar. The customer support is good. I also got a lot of help from Mr. Jagannath, who tried his best to connect me with the bank when there were no calls from the bank. The website is also nice and the experience is satisfactory.

Was this review helpful? 0
Thank you for your vote

Thanks, you've already rated this review

SANDIP ROY , kolkata
Reviewed on Aug 14, 2017
Personal Loan

"Unhappy with the services"

0.5 1.0/5 "Really Bad"

After me applying for a personal loan with Citibank. I received a call once from the bank and they were supposed to contact me back. After which I got no calls. I also tried emailing them thrice, but there was no response. It has not been a good experience for me.

Was this review helpful? 0
Thank you for your vote

Thanks, you've already rated this review

SANDIP ROY , kolkata
Reviewed on Aug 14, 2017
Customer Support

"Fair Service"

0.5 5.0/5 "Blown Away!"

I have an experience with Bankbazaar because recently I approached them for the loan. Right now I do not have any issues or suggestions for bankbazaar but it would be more comfortable if the app is improved little bit. I had received a prompt service from bankbazaar.

Was this review helpful? 0
Thank you for your vote

Thanks, you've already rated this review

RATUL GHODH , kolkata
Reviewed on Aug 11, 2017
Personal Loan

"Good response"

0.5 4.0/5 "Great!"

The reason why personal loan application with Citi bank was not processed was because I am not in a need of requirement now. Hence I just postponed my plan. There is no other reason, actually to say the bank provided a very good response when I applied for the loan.

Was this review helpful? 0
Thank you for your vote

Thanks, you've already rated this review

RATUL GHODH , kolkata
Reviewed on Aug 11, 2017
Customer Support

"Working fine"

0.5 4.0/5 "Great!"

Bankbazaar is working fine in financial world. Nothing went wrong with them when I sought an assistance for my loan requirement. They provided a good response and proper service for my loan application. It is easy to apply for the loan on the website.

Was this review helpful? 0
Thank you for your vote

Thanks, you've already rated this review

PRAVEEN SINGH , kolkata
Reviewed on Aug 11, 2017
Personal Loan

"Delayed Service "

0.5 1.0/5 "Really Bad"

I had closed my ICICI personal loan application because the bank took too much of time for everything. They said they will send their executives to collect the documents, but I did not receive any one for the same. Whenever I call the bank people, they said Ill come but no result. So I went ahead and closed the application.

Was this review helpful? 0
Thank you for your vote

Thanks, you've already rated this review

PRAVEEN SINGH , kolkata
Reviewed on Aug 11, 2017
Customer Support

"Userfriendly website"

0.5 4.0/5 "Great!"

Whenever I apply @ Bank Bazaar, I am getting immediately response from their end. Bank Bazaar site is also quite informative, only thing is uploading of documentation taking some time rather than everything easy to check all details like credit card, loans etc.

Was this review helpful? 0
Thank you for your vote

Thanks, you've already rated this review

JAYANTA KUMAR ROYCHOUDHURY , kolkata
Reviewed on Aug 10, 2017
Personal Loan

"Communication gap should be eliminated"

0.5 2.0/5 "Expected more"

Kotak have not in formed the reason, why have rejected the application. Initially I got a call, they asked to submit the documents. Then no body turned up to collect the documents from my place for further process. Hence I could not continue with them.

Was this review helpful? 0
Thank you for your vote

Thanks, you've already rated this review

JAYANTA KUMAR ROYCHOUDHURY , kolkata
Reviewed on Aug 10, 2017
Customer Support

"Proper Service"

0.5 5.0/5 "Blown Away!"

I have been using bankbazaar web portal for long time. It is very much easy to use and informative. They provided a proper service when I applied for the loan through bankbazaar. They forwarded my application to the bank and they were regular in followups.

Was this review helpful? 0
Thank you for your vote

Thanks, you've already rated this review

KRISHNENDU BOSE , kolkata
Reviewed on Aug 07, 2017
Personal Loan

"Moderate Service"

0.5 4.0/5 "Great!"

Surely I had received a good service from Kotak Mahindra bank for the personal loan. Actually I did not visit the bank directly for the loan but I applied for the loan through online. Interest rate is ok and I do not have any issues with the bank with respect to the loan process.

Was this review helpful? 0
Thank you for your vote

Thanks, you've already rated this review

KRISHNENDU BOSE , kolkata
Reviewed on Aug 07, 2017
Customer Support

"Excellent"

0.5 5.0/5 "Blown Away!"

Flawless service is offered by bankbazaar.The process was pretty smooth. The response was prompt from them after I registered online. They contacted me and also helped me by processing my application to the particular bank. The website has also been very understandable and it was over all a good experiance

Was this review helpful? 0
Thank you for your vote

Thanks, you've already rated this review

PRAKASH CHANDRA JOSHI , kolkata
Reviewed on Aug 06, 2017

Kolkata Personal Loan is Rated as "Great!" by 2505 Users

Fees & Charges

Promised Interest Rate

Customer Service

Responsiveness

Personal Loan BYTES FROM OUR KITCHEN

Write Review

Click here to
Check your Eligibility!

One-day approval. Paperless. And low interest rates!Explore Personal Loans

Kolkata is the capital of West Bengal and one of the largest cities in India.Kolkata is the main commercial and financial hub of East and North-East India and home to India's second largest bourse, the Calcutta Stock Exchange.

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.

Search for loans >>

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

At least 21 years old

Less than 65 years old

Kolkata Personal Loan Eligible Employment Type

Salaried / Self – Employed
with regular income

Earn more than the minimum
income required

Check if you’re eligible >>

Your Kolkata Personal Loan amount eligibility is based on these factors

Minimum income required
Rs.17,500 per month

Kolkata Personal Loan Maximum Loan Funded

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

EMIs of other loans lower
your eligibility

Check how much you can borrow >>

Increase your eligible Kolkata Personal Loan amount by these steps

Kolkata Personal Loan Payoff Outstanding Credit Card Bills

Pay off your credit card bills

Choose longer tenure loan up to 5 Yr years

Check eligible loan amount >>

Documentation needed to apply for an Kolkata 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

Apply now >>

Kolkata Personal Loan Interest Rates_{Updated on 18 Aug 2017}

Kolkata 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

Search for loan >>

Personal Loan in Kolkata

Kolkata has a number of banks and NBFCs offering personal loans—both secured and unsecured—to eligible customers. Unsecured loans, as the name suggests, are loans which do not require a collateral. Financial institutions consider various parameters before issuing an unsecured personal loan. In general, secured personal loans are easy to avail when compared to unsecured personal loans. Some of the leading banks issuing personal loans are HDFC Bank, ICICI Bank, Axis Bank, Kotak Mahindra, etc. Loan comparison portals such as BankBazaar allow you to compare the personal loan products offered by different banks.

Cash crunch giving you the blues? A Personal Loan is the answer!Explore Now

Personal Loan offered by various banks in Kolkata

Kolkata is home to some of the top financial institutions in the country. Listed below are some of the banks and NBFCs in Kolkata offering personal loans at competitive rates of interest:

ICICI Bank
HDFC Bank
Axis Bank
CitiBank
Standard Chartered Bank
Oriental Bank
Kotak Mahindra Bank
Fullerton
Bajaj Finserv
Tata Capital
Aditya Birla

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

Most people prefer to apply for personal loans in the banks where they maintain their salary accounts, as the approval process becomes a lot easier. While it can be considered as an option for quicker sanctioning of loans, comparing and choosing the best suited loan is most desirable. Your personal loan eligibility is affected by numerous factors which can also have an effect on the interest rates offered to you. So if you plan to avail a personal loan at a low interest rate, here are some of the key areas you need to look upon:

Credit score: Make sure that you maintain a good credit score before applying for a personal loan. A good credit score increases your chances of getting an unsecured personal loan, which may even come as pre-qualified loans. Generally, a credit score 750 is considered satisfactory for availing personal loans.
Make a down payment: Paying out a significant portion of the loan amount is likely to reduce your premiums to a considerable scale. Any amount above 20% of the loan value, paid upfront, will positively impact the interest rates on your loan.
Debt-to-income ratio: Debt-to-income-ratio is a measure of the individual’s ability to repay the personal loan. It is a key determinant of your eligibility for personal loans. Ensure that you have a steady debt-to-income ratio before approaching a bank or NBFC for personal loans.
Loan comparison: Optimizing the use of financial portals such as BankBazaar will help you when shopping around for loans offering the best interest rates. The BankBazaar website compares the loan interest rates of all its partner banks and makes it easier for customers choose the best suited product.
Tenure: The loan tenure has a direct impact on the interest rates charged on your personal loan amount. Therefore, choosing a short tenure will give you less interest rates and vice versa.
Employment status: Your employment also has a role to play in the approval of your personal loan. Banks take into account your work experience and the details of your employer while reviewing the loan application. So if you work for a company listed with the bank, you have higher chances of getting personal loans for a discounted interest rate.
Personal loan negotiation: It’s a known fact that most people settle for the interest rates offered by the bank. But to avail better rates of interest, negotiation is an imperative. So if you are someone applying for a loan at a bank where you holding your salary account, then you have higher chances of making a negotiation.

Personal Loan Interest rates in Kolkata 2017

Bank	Interest Rate Range	Processing Fee Range	Loan Amount	Tenure
ICICI Bank	11.59% - 18.49% (Fixed)	2.25% (min. Rs.1149) One-time fee	Rs.20 lakh (Max)	1-5 Years
CitiBank	10.99% - 15.99% (Fixed)	1% to 2.5%	Rs.30 lakh (Max)	1-5 Years
Kotak Mahindra Bank	11.49% - 20.15% (Fixed)	Up to 2%	Rs.15 lakh (Max)	1-5 years
Fullerton	17.25% - 37% (Fixed)	1.5% to 6.0% (One-time fee)	Rs.15 Lakh (Max)	1-4 Years
Bank of Baroda	11.35% - 14.35%Fixed	Rs.1,000 to Rs.10,000 (One-time fee)	Rs.20,000 - Rs.2 lakh	4 Years (Max)
State Bank of India	12.90% - 14.90% (Fixed)	1% (One-time fee)	Rs.24,000 - 15 lakh	5 Years
Aditya Birla	11.5% - 13.25% (Fixed)	Nil	Rs.30 lakh (Max)	1-5 Years
Allahabad Bank	13.10% (Fixed)	1.22% (One-time fee)	Rs.50,000- Rs.7.5 lakh	1-5 Years
Yes Bank	14% (Fixed)	Up to 2% (One-time fee)	Rs.20 lakh (Max)	1-5 Years

Salary requirements to avail Personal Loans in Kolkata

The salary requirements may vary from one bank to another. However, compare the personal loan offers and make sure that you meet the minimum salary criteria required for a particular loan.

For salaried individuals – In general, banks offer personal loans to individuals above 21 years of age and earning a stable an income of above Rs. 15,000.
Self-employed individuals – Self-employed persons should provide proof of income and most banks have an income requirement of Rs.1 lakh to Rs.2 lakh (profit) annually.

Kolkata Personal Loan FAQs

Can I prepay my personal loan?
You can foreclose the loan amount after paying EMIs for a certain number of month as specified by the bank. However, prepayment charges will be levied.
How much time will it take for my loan to be sanctioned?
The approval time depends from one bank to another. Some banks approve your personal loans within 24 hours.
What are the additional charges applicable on personal loans?
You may be required to pay processing fees, which is normally 2% of the loan amount.
What are the loan tenure options that banks offer in general?
Personal loans can be repaid in a period ranging from 12 months to 60 months.
What is the maximum personal loan amount I can avail?
Depending on your income and repayment capacity, banks offer you loans starting from Rs.50,000 and it can go up to Rs.15 lakhs.

Check For Latest: Gold Rate in Kolkata Or Silver Rate in Kolkata

Get IFSC Codes from Kolkata City

A GST rate of 18% will be applicable on banking services and products from 01 July, 2017.

Disclaimer

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.

Important Personal Loan Pages

Personal Loans by Bank

Personal Loan Eligibility By Banks

Personal Loan for Pensioners

Personal Loan by Type

Loans from Micro Finance Institutions

Personal Loan EMI Calculator by Bank

Personal Loan Offers

Personal Loans in Top Cities

Personal Loan Interest rates by Bank

Mudra Loan By Bank

Personal Loan Articles

We found 31 Kolkata Personal Loan

Kolkata Personal Loan Reviews

Kolkata Personal Loan is Rated as "Great!" by 2505 Users

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

Your Kolkata Personal Loan amount eligibility is based on these factors

Increase your eligible Kolkata Personal Loan amount by these steps

Documentation needed to apply for an Kolkata Personal Loan

Kolkata Personal Loan Interest Rates_{Updated on 18 Aug 2017}

Personal Loan in Kolkata

Personal Loan offered by various banks in Kolkata

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

Personal Loan Interest rates in Kolkata 2017

Salary requirements to avail Personal Loans in Kolkata

Kolkata Personal Loan FAQs

Disclaimer

Financial Tools

Most Popular Pages

Resources

Talk to us!

Leaving so soon? Enter your number below.

We found 31 Kolkata Personal Loan

Kolkata Personal Loan Reviews

Kolkata Personal Loan is Rated as "Great!" by 2505 Users

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

Your Kolkata Personal Loan amount eligibility is based on these factors

Increase your eligible Kolkata Personal Loan amount by these steps

Documentation needed to apply for an Kolkata Personal Loan

Kolkata Personal Loan Interest RatesUpdated on 18 Aug 2017

Personal Loan in Kolkata

Personal Loan offered by various banks in Kolkata

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

Personal Loan Interest rates in Kolkata 2017

Salary requirements to avail Personal Loans in Kolkata

Kolkata Personal Loan FAQs

Disclaimer

Financial Tools

Most Popular Pages

Resources

Kolkata Personal Loan Interest Rates_{Updated on 18 Aug 2017}