Sit back. Initializing magnetic field for maximum savings on personal loan
Since the cost of living is very high in Navi Mumbai it often becomes difficult for the residents to fulfill their personal needs. In such situations, you can apply for a paperless personal loan in Navi Mumbai to manage all your expenses.
Navi Mumbai is a beautiful city in Thane district to the Northeast of Mumbai.It was founded in 1971 as a satellite township to take the pressure off Mumbai city. Most of the software companies in Maharashtra have their offices in Navi Mumbai. The government of Maharashtra has set up software parks to cater to the growing demand. Many large institutions have their offices 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 Navi Mumbai 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
Navi Mumbai Personal Loan Interest RatesUpdated on 12 Dec 2019
Navi Mumbai Personal Loan Details
Interest Rate (Monthly reducing balance)
13.49% - 34%
1 year to 5 years
2% - 5%
No guarantor required
A GST rate of 18% will be applicable on banking services and products from 01 July, 2017.
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I have applied a personal loan from CITI BANK through online on a month before. But I have not received any calls or message from this bank. They closed this loan application without any information. The customer service and responsiveness was okay.
I have taken a personal loan from DMI Finance. The loan amount was Rs. 50,000 and the tenure is 1 year. The rate of interest was 10.99% its good. I received the loan amount within 7 working days. Documentation process was simple and good. Executive collected the documents.
I have taken personal loan through HDFC Bank directly.The rate of interest was nominal ,The loan amount got sanctioned on proper time frame .Each and every details about the loan was clearly shared by the agent.The loan amount was sufficient and satisfied with the service as well.
I have an account in ICICI bank and it will be better if i taken the personal loan from them. I got the loan amount of Rs. 50,000 and they have offered interest rate is 14% and i have chosen the tenure period of 6 months and i have already closed the loan.
There is a comparison available and i was very comfortable in choosing the personal loan from the lower interest provided by TATA capital. I bought the loan amount of Rs. 2 lakhs and i believe processing fee was around rs. 1000 which they have not mentioned earlier if they are informing the same before initiation of the loan hence its very helpful for the customer.
I did not get any information from HDFC BANK for personal loan rejection but I think, my credit score is low due to credit card bill outstanding. Actually the services were good and am holding a salary account with them. The bank person said the documentation process was postponed and not came to collect my documents.
I have availed Home credit India Finance Private Limited personal loan through Online .The agent gave all the information about the loan process,There was proper follow up and callback from Home credit .I have got loan amount sanctioned on time.I am really satisfied with the service so far .
I was applied for a personal loan with TATA CAPITAL LIMITED on few months before which was processed through an online. Since I am holding an existing loan with other, on sudden credit score was low. The loan amount of 4 lakhs for the tenure period of 5 years. The rate of interest was nominal.
I had applied for HDFC Bank personal loan where my application was got closed without any reason and waited a long time to and update from the Bank but rate of interest was nominal as per the market and HDFC bank should update on customers application behalf of closing the application.
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, navi mumbai
Reviewed on Sep 19, 2019
I did not receive any call from Indusind Bank Ltd for my personal loan application. I am using this bank credit card so thought it will be easier to process the loan as well hence have applied for it. The documentation process was not happened. It would be appreciable, if they could consider the customer request and call back to do the needful.
I have applied for Induisnd Bank personal loan through Online .I have not taken this loan since not got proper response after collecting the documents .The rate of interest and the processing fee was variable .The agent gave all the information about the loan process.I have got the update will receive callback from bank end but not got any revert.
Bajaj Finserv did the personal loan process very quickly, I availed Rs. 10 lakhs of loan for the duration of five years.I felt rate of interest is huge compared to other bank I got it for 16% but its a reducing one. Their mobile app is average to check the loan history , they need to improve on it.
Due to emergency I applied for personal loan in CITI Bank but unfortunately they taken long time to complete the process. I done online documentation with the online channel but from the bank end they called me only once after four day by that time I availed the loan from other source.
Due to the personal reason I couldn't continue with HDFC bank, the response is good and the documentation procedure was told to me but I was not interest to proceed further. The rate of interest is also fine at the time. I would prefer the same bank for my future needs.
I have applied for Indusind Bank personal loan which was applied through Online .I have not availed this loan since not eligible .The agent gave a clear picture about the loan process.I have submitted the required documents and there was proper follow up and callback was there .
It was a decent experience with EDELWEISS. Even the rate of interest was average. They have charged me a processing fee. The loan tenure is flexible and the duration was around 2 years. There is no option for making partial payment and pre closure. The documentation part was very simple.
I have selected HDFC personal loan 1 lakhs tenure 5 years , Rate of interest 11 percentage , one time processing fee is applicable.Its is detected from the prinicipal amount EMI Rs 26000.While document submitted through on line there is no delay while disbursal loan amount.Customer service is good and responsive
I came know about bank bazaar.com through promotions mail past 6 months ago using through mobile application . Customer service is good and responsive. To check eligibility based on profile details of There many options to check on line portal based on my eligibility. To check credit score.
I had applied for personal loan from Kotak Mahindra Bank. I had a good experience with them. I canceled the application because I arranged the money from another source. Rate of interest was high and they were ready to give the loan amount I was looking for. Processing fee was ok it was as per the market.
I took a personal from HDFC bank, I got the loan amount with in few days.I applied for the loan Online and it was disbursed to my account. I pay Monthly EMI. The interest rate is comparatively high . Overall it has been a smooth loan experience with the HDFC bank. Overall it has been good experience .