Multiple banks. Different interest rates. Call it a "conflict of interest".
  • loading

    We found 32 New Delhi Personal Loan
    Bank Name
    Interest Rate Range
    Processing Fee Range
    Loan Amount
    Tenure Range
    10.99% - 17.99%
    0 Bankbazaar Exclusive
    30L Max
    1-5 Years
    Response Time : Within 30 minutes
    Ad Accelerated Approval
    What you'll love
    Documents
    Perks
    Think about
    Fees & Charges
    Good to Know
    Customer Reviews
    10.99% - 21.25% 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
    11.49% - 18.25% Fixed
    0 Bankbazaar Exclusive
    20L Max
    1-6 Years
    Response Time : Within 30 minutes
    Rs.750 Amazon Voucher 100% PAPERLESS APPROVAL
    What you'll love
    Documents
    Perks
    Fees & Charges
    Good to Know
    Eligibility Criteria
    Customer Reviews
    14.99% - 14.99% Fixed
    Up to 2% One time fee
    20L Max
    1-5 years
    Response Time : Within 30 minutes
    Rs.750 Amazon Voucher 100% PAPERLESS APPROVAL
    What you'll love
    Documents
    Perks
    Fees & Charges
    Good to Know
    Eligibility Criteria
    16% - 28% Fixed
    2% - 5%
    50K - 7.5L
    1-4 Years
    Response Time : Within 30 minutes
    100% PAPERLESS APPROVAL
    What you'll love
    Perks
    Think about
    Fees & Charges
    Eligibility Criteria
    11.5% - 13.5% Fixed
    1% + applicable tax One time fee
    2L - 25L
    1-5 Years
    Response Time : Within 30 minutes
    Rs.750 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
    11.00% - 18.25% Fixed
    From .75% (min. ₹999 + applicable tax) One time fee
    20L Max
    1-5 Years
    Response Time : Within 30 minutes
    Rs.750 Amazon Voucher 100% PAPERLESS APPROVAL
    What you'll love
    Documents
    Perks
    Think about
    Fees & Charges
    Good to Know
    Eligibility Criteria
    Customer Reviews
    10.99% - 18.15% Fixed
    Up to 2.5%
    25L Max
    1-5 years
    Response Time : Within 30 minutes
    Rs.750 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
    11.50% - 14.50% Fixed
    1%
    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
    Loading your search...
    Close

    Compare, check your eligibility and apply online instantly.

  • New Delhi Personal Loan is Rated as "Great!" by 7117 Users

    Fees & Charges

    Promised Interest Rate

    Customer Service

    Responsiveness

    Personal Loan BYTES FROM OUR KITCHEN

    New Delhi Personal Loan

    New Delhi is the capital of India and seat of the executive, legislative, and judiciary branches of the Government of India. It is also the centre of the Government of the National Capital Territory of Delhi.Delhi metropolitan region is the world's second most populous city and the largest city in India and also one of the largest in the world in terms of area. After Mumbai it is also the wealthiest city in India, and has the 2nd highest GDP of any city in South, West or Central Asia.

    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.


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

    01
    02
    03
    04
    New Delhi Personal Loan Minimum Age

    At least 21 years old

    New Delhi Personal Loan Maximum Age

    Less than 65 years old

    New Delhi Personal Loan Eligible Employment Type

    Salaried / Self – Employed
    with regular income

    New Delhi Personal Loan Minimum Income

    Earn more than the minimum
    income required


    Your New Delhi Personal Loan amount eligibility is based on these factors

    01
    02
    03
    New Delhi Personal Loan Minimum Salary

    Minimum income required
    Rs.17,500 per month

    New Delhi Personal Loan Maximum Loan Funded

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

    New Delhi Personal Loan EMI

    EMIs of other loans lower
    your eligibility


    Increase your eligible New Delhi Personal Loan amount by these steps

    01
    02
    New Delhi Personal Loan Payoff Outstanding Credit Card Bills

    Pay off your credit card bills

    “New

    Choose longer tenure loan up to 5 years


    Documentation needed to apply for an New Delhi 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

    New Delhi Personal Loan Interest RatesUpdated on 16 Nov 2018

    New Delhi 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

    Personal Loan in New Delhi

    For those looking for an extra boost, financially speaking, either to renovate their house, pay for emergency medical bills, buy a gadget that they desire or fund a holiday, there is the option of personal loans. Top banks and NBFCs (Non-Banking Financial Company) across the country offer personal loans that are unsecured - meaning that there is no requirement for collateral. Customers wishing to avail personal loans can start by visiting the financial portal - BankBazaar. On the BankBazaar website, customers can compare the interest rates offered by its partner banks and decide on a loan from a particular bank that suits their current financial situation.

    Apply for Personal Loan

    Personal Loan offered by various banks in New Delhi

    Some of the leading banks and NBFCs offering personal loans at the best interest rates are listed below:

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

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

    A lot of customers fail to do their research when availing a loan and leave it to their banks to make the decisions and bring forward the estimations. The problem with this approach is that getting the best interest rate for the loan becomes almost far-fetched. Looking into all aspects of a personal loan before availing it is absolutely necessary. If you wish to avail a loan at the lowest interest, here are a few key areas you will have to look into:

    Credit score - Making sure that your credit score is above par will result in you availing a loan at a fairly good interest rate. The better your CIBIL score the lower the interest rate added to the loan and vice versa.

    Down payment - Making a down payment upward of 20% of the loan amount will result in you availing a loan at a better interest rate. The bigger the down payment, the better the interest rate.

    Debt-to-income ratio - Always ensure that your EMIs, credit bills and so on, do not cross 40% of your annual or monthly income. Having a good debt-to-income ratio will boost your chances of availing a loan with a good interest rate.

    Loan shop - Financial portals such as BankBazaar are of great help when loan shopping. On the BankBazaar website, individuals can compare loan interest rates offered by its partner banks and can narrow down on a loan with the best interest rate relative to the tenure - one that suits their budget.

    Your employment and experience - This is one factor banks and NBFCs take into consideration when approving or rejecting a loan application. If you’ve had a stable income and work for a reputed company, it’s likely that you could very well negotiate on a decent interest rate.

    Make sure that you negotiate - Negotiating the interest rate on your loan is absolutely necessary. Most people just go ahead with the numbers set by banks and NBFCs, but making a negotiation will help you in the long run.

    Tenure - Choosing your tenure directly reflects on the interest rate added to the loan amount. Choosing a shorted tenure will result in you having a much less interest rate.

    Personal Loan Interest Rates in New Delhi 2018

    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 New Delhi

    Every bank and NBFC have a certain salary requirement which customers have to meet to get a loan approval. Apart from looking at factors such as interest rate, processing fees, prepayment and so, make sure your cross check with the bank’s minimum salary requirement for a particular loan. As already mentioned, the salary requirement varies from bank to bank.

    For salaried individuals - Depending on which bank you are availing the loan from, generally the minimum salary requirement ranges roughly between Rs.7,500 and Rs.50,000.

    Self Employed individuals - Self-employed individuals should provide proof of income of the last two financial years. Generally, the income requirement to avail a loan is between Rs.1 lakh and Rs.2 lakh (profit).

    New Delhi Personal Loan FAQs

    1. Does my CIBIL score affect the interest rate on my loan?

      Yes, your CIBIL score directly reflects on the interest rate the bank or NBFC offers you on your personal loan. The higher your credit score, the lower will be the interest rate and vice versa.

    2. Can I transfer my loan amount to another lender? What’s the process?

      A balance transfer is possible. In this case, the present lender will clear the dues and transfer the amount to a new loan with the interest as well.

    3. Is a complete foreclosure of a loan possible?

      Some banks allow it whereas other banks only allow a partial foreclosure of loans. In most cases, banks charge between 1% to 2% of the outstanding amount as foreclosure charges.

    4. What happens when all the loan dues have been cleared?

      Once the loan amount has been cleared completely, the bank will issue a No Due Certificate.

    5. Does failing to pay my EMIs affect my CIBIL score?

      Yes, failing to repay your loan on time directly reflects on your credit score.


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

    New Delhi Personal Loan Reviews

    • HDFC Bank Personal Loan
      "Excellent service"
      0.5 5.0/5 "Blown Away!"
      I have been applied for personal loan with HDFC bank, they have charge rate of interest high it is around 14% which is high comparing to other bank and the processing fee they have charged me was nominal and i have been using this personal loan from one and half year, they provided me sufficient loan amount.
      Was this review helpful? 1
      , new delhi
      Reviewed on Nov 16, 2018
    • Bank Bazaar Personal Loan
      "Excellent service"
      0.5 5.0/5 "Blown Away!"
      I came to know about this bank bazaar service while i was surfing Google i have applied credit card too in bank bazaar the service is quite good and even customer team is good they help me in applying a credit card from bank and the documentation part is good, i use bank bazaar website.
      Was this review helpful? 1
      , new delhi
      Reviewed on Nov 16, 2018
    • Cashe Personal Loan
      "Best service"
      0.5 5.0/5 "Blown Away!"
      I have been holding my personal loan with Cash E a month ago,the loan date disbursement they did not share with me i use to complain all the time about my loan amount disbursement then only they have disbursed my loan amount, apart from that in documentation part i did not face any issue, the rate of interest they have charge me was nominal ,but processing fee they have charge me was high compare to other bank they have charged around 500 and loan amount i got up to 8,000 it was sufficient for me.
      Was this review helpful? 0
      , new delhi
      Reviewed on Nov 16, 2018
    • Bank Bazaar Personal Loan
      "Outstanding"
      0.5 5.0/5 "Blown Away!"
      I took a personal loan with the help of bank bazaar. This is my first time and came to know about the website through online. The customer service and response was good. The process is excellent and it was easy to do comparison. I have used the website, its user friendly.
      Was this review helpful? 1
      , new delhi
      Reviewed on Nov 15, 2018
    • Early Salary Personal Loan
      "Excellent"
      0.5 5.0/5 "Blown Away!"
      The service is good but the loan value is very less which needs to be increased. The rate of interest is good with Early Salary. I have taken only 9K and they didn't charge anything. It was quick and immediate service. I have submitted the documents online.
      Was this review helpful? 1
      , new delhi
      Reviewed on Nov 15, 2018
    • Bank Bazaar Personal Loan
      "Best service"
      0.5 5.0/5 "Blown Away!"
      I have been using bank bazaar service for first time, i came to know about bank bazaar service through on line, have been using website for applying my personal loan and after that i had downloaded mobile application for tracking my details.
      Was this review helpful? 1
      , new delhi
      Reviewed on Nov 15, 2018
    • Early Salary Personal Loan
      "Excellent service"
      0.5 4.0/5 "Great!"
      I have been holding my personal loan with Early salary recently,the loan amount which they have given me was not sufficient but for now i have been agreed like they said in future they will be increasing it and the rate of interest they have charged up to 9 rupees per day it is nominal, and they charged zero processing fee.
      Was this review helpful? 0
      , new delhi
      Reviewed on Nov 15, 2018
    • HDFC Bank Personal Loan
      "Good service"
      0.5 4.0/5 "Great!"
      Mt personal loan was taken with HDFC BANK , they gave tenure of 48 month . The service which has been provided through them while giving loan was too quick it took only few days to get loan . Loan amount is satisfactory . There is preclosure option too.
      Was this review helpful? 0
      , new delhi
      Reviewed on Nov 15, 2018
    • Bank Bazaar Personal Loan
      "Best service"
      0.5 5.0/5 "Blown Away!"
      I have taken BANK BAZAAR services for while. I applied for a credit card via Bank Bazaar.I got the card with in few days. Overall it has been a good experience shopping with Bank Bazaar. I came to know about bank bazaar through online . Happy to have there services .
      Was this review helpful? 0
      , new delhi
      Reviewed on Nov 15, 2018
    • Early Salary Personal Loan
      "Good service"
      0.5 4.0/5 "Great!"
      My personal loan was taken with EARLY SALRAY , It was good, application process was smooth an hassle free.1 I got the loan amount with in a week. There was no processing fee and tenure fee is 3month . Customer support is very polite and helpful .
      Was this review helpful? 0
      , new delhi
      Reviewed on Nov 15, 2018
    • Bank Bazaar Personal Loan
      "Good app"
      0.5 4.0/5 "Great!"
      I am using bank bazaar for almost six months. I have tried bank bazaar earlier to get the loan. I have checked the credit score long back. The customer service is moderate. I have been using website and mobile application. Am more comfortable with app.
      Was this review helpful? 0
      , new delhi
      Reviewed on Nov 15, 2018
    • Early Salary Personal Loan
      "Better"
      0.5 4.0/5 "Great!"
      The rate of interest is moderate for the personal loan. They charged 500 rupees as a processing fee. I have taken 14,000 rupees and it was disbursed within 15 minutes. The documentation procedure was very simple. The customer service was up to the mark.
      Was this review helpful? 0
      , new delhi
      Reviewed on Nov 15, 2018
    • Bank Bazaar Personal Loan
      "Best Customer care service"
      0.5 5.0/5 "Blown Away!"
      Bankbazaar is best. For the first time i have used the bankbazaar website to purchase a short term personal loan. The website is good and the customer care is given proper response to me. Through Google search i have come to know about this website.
      Was this review helpful? 0
      , new delhi
      Reviewed on Nov 15, 2018
    • Early Salary Personal Loan
      "Best Services"
      0.5 4.0/5 "Great!"
      I have received the loan amount. I have applied the loan amount of Rs. 15000 which is a short term loan. They have offered me a interest rate 13% which i'm satisfied with it. Total tenure period of the loan is for 1 month. I have to pay the EMI from December month.
      Was this review helpful? 0
      , new delhi
      Reviewed on Nov 15, 2018
    • Bank Bazaar Personal Loan
      "Excellent"
      0.5 5.0/5 "Blown Away!"
      The services are an excellent and everything is okay with Bank Bazaar. I have been using the site for almost 3 months. Actually I have applied for personal loan and credit card but due to low credit score my credit card got denied. It was very easy to check the credit score.
      Was this review helpful? 0
      , new delhi
      Reviewed on Nov 15, 2018
    • Early Salary Personal Loan
      "Excellent"
      0.5 5.0/5 "Blown Away!"
      I got a very good experience from Early Salary. The customer service is also good. Am satisfied with the interest rate. The loan process was very quick and I had submitted to the executive. I have taken 11K, they charged 3 % interest. It will be paid in a single payment.
      Was this review helpful? 0
      , new delhi
      Reviewed on Nov 15, 2018
    • HDFC Bank Personal Loan
      "Excellent service"
      0.5 5.0/5 "Blown Away!"
      I have been holding my personal loan with HDFC bank for long time,they have provided me sufficient loan amount up to 32,000 ,and the rate of interest they have charged me was up to 2000-3000 it was nominal for me and processing fee they have charged me was up to 700-800 it was nominal,and customer support team was good they responded well i did not faced any difficulty in getting my loan.
      Was this review helpful? 0
      , new delhi
      Reviewed on Nov 15, 2018
    • Bank Bazaar Personal Loan
      "Excellent service"
      0.5 5.0/5 "Blown Away!"
      I use bank bazaar service i came to know about bank bazaar service on social media like from face book,it has be 2-3 months only i have been use i use website and customer support team is doing good job they assist me so well so far i did not face any problem with this service and in all i would say it was an excellent service.
      Was this review helpful? 0
      , new delhi
      Reviewed on Nov 15, 2018
    • Cashe Personal Loan
      "Excellent service"
      0.5 5.0/5 "Blown Away!"
      I have been holding my personal loan with CASH E recently,they have provided me not sufficient loan amount up to 20,000 but i have expected up to 22,000 and the rate of interest they have charged me was nominal for me and processing fee they have charged me was nominal and there was no issue in documentation,i pay EMI up to 7335 and i have took this loan for 3 months.
      Was this review helpful? 0
      , new delhi
      Reviewed on Nov 15, 2018
    • Bank of Baroda Personal Loan
      "Average"
      0.5 4.0/5 "Great!"
      My personal loan was taken with BANK OF BARODA , the process was really smooth and hassle free. I never had any issues with their services. They charge rate of interest and processing fee was too nominal with this bank . The process of getting loan was too quick and i did not face any issue at the time of documentation .
      Was this review helpful? 0
      , new delhi
      Reviewed on Nov 14, 2018
    Common Loader Icon

    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.

    reTH65gcmBgCJ7k
    This Page is BLOCKED as it is using Iframes.