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    We found 32 Kolkata 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
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    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
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    Documents
    Perks
    Fees & Charges
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    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
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    Perks
    Fees & Charges
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    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
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    Perks
    Fees & Charges
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    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
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    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
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    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
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  • Kolkata Personal Loan is Rated as "Great!" by 2876 Users

    Fees & Charges

    Promised Interest Rate

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    Personal Loan BYTES FROM OUR KITCHEN

    Kolkata Personal Loan

    Kolkata is a prominent city in the state of West Bengal, which serves as the capital of the state. It is the main centre for educational, commercial, and cultural activities. The city has a population of 45 lakh. It has a charming, colonial touch. It is famous for its many tourist spots and office complexes.

    This city has many famous lenders including banks and non-banking financial companies (NBFCs) that provide top-class personal loans at affordable prices. You can pick a personal loan online or offline. To apply online, you will need to visit your bank’s official website or a third-party financial website. To apply offline, you will need to go to your lender’s branch and apply with the assistance of a branch executive.


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

    01
    02
    03
    04
    Kolkata Personal Loan Minimum Age

    At least 21 years old

    Kolkata Personal Loan Maximum Age

    Less than 65 years old

    Kolkata Personal Loan Eligible Employment Type

    Salaried / Self – Employed
    with regular income

    Kolkata Personal Loan Minimum Income

    Earn more than the minimum
    income required


    Your Kolkata Personal Loan amount eligibility is based on these factors

    01
    02
    03
    Kolkata Personal Loan Minimum Salary

    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

    Kolkata Personal Loan EMI

    EMIs of other loans lower
    your eligibility


    Increase your eligible Kolkata Personal Loan amount by these steps

    01
    02
    Kolkata Personal Loan Payoff Outstanding Credit Card Bills

    Pay off your credit card bills

    “Kolkata

    Choose longer tenure loan up to 5 Yr years


    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

    Kolkata Personal Loan Interest RatesUpdated on 24 May 2018

    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
    Apply for Personal 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.

    Personal Loans offered by Various Lenders in Kolkata

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

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

    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 2018

    Bank Interest Rate Range Processing Fee Range Loan Amount Tenure
    Kotak Mahindra Bank 10.99% to 24% p.a. Up to 2.5% of the loan amount along with GST or service tax Rs.50,000 to Rs.15 lakh 1 to 5 Years
    UCO Bank 11.20% to 11.45% p.a. 1% of loan amount Up to Rs.10 lakh Up to 60 months
    Indian Overseas Bank 11.65% p.a. Up to 0.50% of loan amount Up to Rs.5 lakh Up to 5 years
    Fullerton India 11.99% to 23.99 p.a. Information not provided. Up to Rs.20 lakh for salaried and up to Rs.30 lakh for self-employed individuals 1 to 4 Years
    Dena Bank 13% to 14% p.a. 1% of loan amount Up to 9 times of net monthly income Up to 36 months
    Yes Bank 14% p.a. Information not provided. Rs.2 lakh to Rs.20 lakh 1 to 5 Years
    Allahabad Bank Information not provided 1.06% of loan amount Information not provided. 1 to 5 Years
    Aditya Birla 14% to 26% p.a. Nil Rs.25,000 to Rs.15 lakh 6 to 36 months
    ICICI Bank 10.99% p.a. to 22% p.a. Up to 2.25% of the loan amount along with applicable GST Up to Rs.20 lakh 1 to 5 Years
    State Bank of India 11.85% to 14.70% p.a. 1% Rs.25,000 to Rs.15 lakh Up to 84 months

    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

    1. 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.

    2. 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.

    3. 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.

    4. 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.

    5. 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

    Kolkata Personal Loan Reviews

    • Bank Bazaar Personal Loan
      "Overall satisfactory"
      0.5 4.0/5 "Great!"
      The experience at Bankbazaar.com was good overall and there were no hassles in the process. I was contacted on time and informed the necessary details. It would be better if the details on the website should match with the details of the bank.
      Was this review helpful? 0
      , kolkata
      Reviewed on May 22, 2018
    • Citibank Personal Loan
      "Good. Can do better"
      0.5 3.0/5 "Satisfactory"
      The process at Citibank was okay but when I spoke to the executive I was told that the personal loan will be five in two to three days and I was on time to submit my documents. But the list of documents required was not informed to me clearly and I had to repeatedly submit my paper work.
      Was this review helpful? 0
      , kolkata
      Reviewed on May 22, 2018
    • Bank Bazaar Personal Loan
      "Excellent service"
      0.5 5.0/5 "Blown Away!"
      I have got very good service from the bank bazaar team. They have supported me a lot by providing me very good information , the customer support service and the response is excellent from the bank bazaar team. I have used the bank bazaar mobile application which is easy to use .
      Was this review helpful? 0
      , kolkata
      Reviewed on May 16, 2018
    • Fullerton Personal Loan
      "Average service"
      0.5 5.0/5 "Blown Away!"
      The Fullerton service was good in regards to my personal loan application. I have got the loan amount within a week time. The customer support service and the response is very good from the Fullerton. The rate of interest and the charges are high with the Fullerton personal loan service.
      Was this review helpful? 0
      , kolkata
      Reviewed on May 16, 2018
    • HDFC Bank Personal Loan
      "Good service"
      0.5 4.0/5 "Great!"
      I have taken a personal loan with HDFC bank and my experience was good, the loan amount was for Rs 4-5 lakhs with high interest rate when compared to all other banks. There is no part payment option for this loan and the tenure period for this loan is 4 years.
      Was this review helpful? 0
      , kolkata
      Reviewed on May 11, 2018
    • Axis Bank Personal Loan
      "Not satisfied"
      0.5 2.0/5 "Expected more"
      I have taken a personal loan with Axis bank and my loan experience was not good, the loan amount was for Rs 2 lakhs with high interest rate when compared to all other banks. Customer service is not up to the mark and their was no proper response. The tenure period for this loan is 48 months.
      Was this review helpful? 0
      , kolkata
      Reviewed on May 10, 2018
    • UCO Personal Loan
      "Very good service"
      0.5 4.0/5 "Great!"
      The UCO bank personal loan service was good and I have got the personal loan within 21 days of time. The customer support service and the response was quite good from the UCO bank and I am satisfied with the loan amount .I would say it is a very good service,
      Was this review helpful? 0
      , kolkata
      Reviewed on May 10, 2018
    • Bank Bazaar Personal Loan
      "Very good service"
      0.5 5.0/5 "Blown Away!"
      The bank bazaar service was quite god and I have got very good response from the bank bazaar team in concern to my personal loan application. The customer support service was good from the bank bazaar team. I know bank bazaar for the past 3 months.
      Was this review helpful? 0
      , kolkata
      Reviewed on May 10, 2018
    • Kotak Personal Loan
      "Average service"
      0.5 3.0/5 "Satisfactory"
      I have applied for the personal loan from the Kotak mahindra bank ,but there was no response from the kotak Mahindra bank in regards to my personal loan . The customer support service and the response need to be improved from the Kotak Mahindra bank. The rate of interest was quite high with the Kotak Mahindra bank personal loan.
      Was this review helpful? 0
      , kolkata
      Reviewed on May 10, 2018
    • Axis Bank Personal Loan
      "Best Service"
      0.5 5.0/5 "Blown Away!"
      I have taken a personal loan with AXIS bank and the experience was good, the loan amount was for Rs 2 lakhs with nominal interest rate when compared to other banks. The tenure period of this loan is for 5 years. Customer service was good and they followed up on time.
      Was this review helpful? 0
      , kolkata
      Reviewed on Apr 30, 2018
    • Axis Bank Personal Loan
      "Need to reduce charges"
      0.5 5.0/5 "Blown Away!"
      My experience with AXIS bank for personal loan was good, the loan amount was based on my requirements but the rate of interest of 16% was way high when compared to other banks. The tenure period of this loan was for 5 years and the customer support followed up on time.
      Was this review helpful? 0
      , kolkata
      Reviewed on Apr 25, 2018
    • Bank Bazaar Personal Loan
      "Excellent"
      0.5 5.0/5 "Blown Away!"
      Bank bazaar is a good platform for all the financial products . The customer service and responses was up to the mark. The website was user friendly and easy to navigate . The web portal's accuracy and speed is good. I have not faced any inconvenience with the service here so I would like to recommended to others.
      Was this review helpful? 0
      , kolkata
      Reviewed on Apr 25, 2018
    • Kotak Personal Loan
      "Good service"
      0.5 4.5/5 "Excellent!"
      My personal loan was taken with KOTAK BANK . The loan amount was 15 lakhs an the interest rate was 15.25% which is bit high and the tnrue period was 3 years . The customer service and resp0omses was up to the mark. The processing fee was nominal. They have provide door step service for selecting documents but they have delayed the process.
      Was this review helpful? 0
      , kolkata
      Reviewed on Apr 25, 2018
    • Bank Bazaar Personal Loan
      "Best Service"
      0.5 5.0/5 "Blown Away!"
      I know bankbazaar.com from last 1-2 years, the services provided by bankbazaar is good when compared to all other sources in the market. The customer service of bankbazaar was good and they followed up on time. The mobile application of bankbazaar is easy to access an is user friendly.
      Was this review helpful? 0
      , kolkata
      Reviewed on Apr 16, 2018
    • IndusInd Bank Personal Loan
      "Best Service"
      0.5 5.0/5 "Blown Away!"
      I have my personal loan approved with IndusInd bank and the experience was good, the process was smooth and i received my loan amount within 3-4 days. The loan amount was for Rs 9.28 lakhs with nominal interest rate for 4 years. Customer service was better and they responded on time.
      Was this review helpful? 0
      , kolkata
      Reviewed on Apr 16, 2018
    • HDFC Bank Personal Loan
      "Better service"
      0.5 5.0/5 "Blown Away!"
      Recently I have got the personal loan from the HDFC bank around a year ago. The customer support service is good with the HDFC bank and they have approved the respired loan amount. The rate of interest and the charges are average with the HDFC bank and I am satisfied with the loan amount.
      Was this review helpful? 0
      , kolkata
      Reviewed on Apr 12, 2018
    • Bank Bazaar Personal Loan
      "More than satisfactory"
      0.5 5.0/5 "Blown Away!"
      I am more than happy with Bankbazaar.com because the approval and sanction and everything is done online. They have also contacted me on time initially and followed up regularly throughout the process. The website is is good. It is useful and informative.
      Was this review helpful? 0
      , kolkata
      Reviewed on Apr 10, 2018
    • ICICI Bank Personal Loan
      "Excellent services"
      0.5 5.0/5 "Blown Away!"
      It was overall a good experience with ICICI Bank for the personal loan. The executive came to my convenient place and signed all the documents. It was done on time. The disbursement was as needed. The rate of interest is around 13% and the processing charges was around 1300 plus there was a fee for the insurance which I was aware off. I applied for 75K and I got around 71K.
      Was this review helpful? 0
      , kolkata
      Reviewed on Apr 10, 2018
    • YES Bank Personal Loan
      "Good Service"
      0.5 4.0/5 "Great!"
      The rate of interest and charges was fine with Yes bank Personal loan service compared to others in the market. They added Insurance service during the process without my knowledge. The documents process was good with Yes bank. The customer support was prompt with Yes bank personal service. Overall, I am very much happy with YES Bank service.
      Was this review helpful? 0
      , kolkata
      Reviewed on Apr 04, 2018
    • HDFC Bank Personal Loan
      "Average Service"
      0.5 2.0/5 "Expected more"
      HDFC bank has offered me a personal loan. The rate of interest and charges was nominal with Hdfc. They have not done the commitments which they promised. Also they compromised in the interest rate they quoted me. The documents process was not up to mark. It is a fine experience with Hdfc Personal loan service.
      Was this review helpful? 0
      , kolkata
      Reviewed on Apr 04, 2018
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