Multiple banks. Different interest rates. Call it a "conflict of interest".
  • Loading your search...
    Close

    Compare, check your eligibility and apply online instantly.

  • How to get Personal Loan without Documents is Rated as "Great!" by 93284 Users

    Fees & Charges

    Promised Interest Rate

    Customer Service

    Responsiveness

    Personal Loan BYTES FROM OUR KITCHEN
    rated 4.0/5.0 by 93284 users

    How to get Personal Loan without Documents

    What is personal loan?

    A personal loan is an unsecured debt that can be taken for emergencies as well as reasons such as education expenses, home improvement, or for making a major purchase. Personal loans are unsecured as there is no collateral required. A personal loan is usually within a short span of one to five years. The repayment options are flexible, and are decided by the lender based on the borrower’s credit history. Loan repayment is done every month via EMIs through post-dated cheques or directing your bank to debit the EMI by ECS (Electronic Clearing Services). Personal loans require fewer documents than other loans.

    Getting a personal loan without documents:

    Few financial institutions consider giving a home loan without documents and income proof, purely based on customer persona and relationship. If you have a good relationship with the bank based on your timely payments and clear credit records, then the bank may offer you a personal loan based on the details already available with the bank.

    Following are some of the things you can follow in order to avail a documentation-free personal loan:

    • Establish a good relationship with your bank by remaining loyal to it for all financial, and non-financial services. This helps in building trust with the bank which then decides your loan eligibility as well as your repayment capacity. If you are applying for a personal loan at the same bank, where your main operating account is located, it becomes easier for the bank to consider you eligible for a personal loan. As the bank is fully aware of all the transactions being made on your account, it helps them assess your creditworthiness.
    • Pay all your dues on time with the bank, if you are holding a credit card with the bank. Paying all your credit card bills on time, puts you at a higher chance of availing a personal loan with the bank.
    • Do not miss any payments associated with the bank, where you are applying for a personal loan. A missed payment is a sign of incapability of handling finances and therefore, banks, and lenders would ask you to provide a solid proof of income.
    • Maintain a high credit score as it helps in building faith with the lender that you are a safe customer.
    Apply for Personal Loan

    Banks like Citibank allow you to take personal loans of up to Rs.30 lakh in a span of 48 hours, without any documentation such as income proof, and address proof, provided your residence and office address is updated in the Citibank account. A personal loan, free of documentation, is a dream for most borrowers. With everything going online, from application to approval, documentation merely seems like a time taking step, which may be avoided in some exceptional cases.

    Personal Loan Reviews

    • ICICI Bank Personal Loan
      "QUICK PROCESS"
      0.5 4.5/5 "Excellent!"
      Processing and documentation was very quick, as i have the savings account with the same bank there was not having any issues in transferring the funds, i actually expected 2 lakh, but they gave only , 1lakh, as the approval from the bank end.
      Was this review helpful? 2
      , chennai
      Reviewed on Aug 14, 2018
    • Standard Chartered Bank Personal Loan
      "EXCLLENT "
      0.5 4.0/5 "Great!"
      Customer service was excellent , about the documentation, the process was done on time, i the loan processed quickly than i expected, there was a smooth transaction while transferring fund to my account, without any hassle or delay its really good.
      Was this review helpful? 1
      , bangalore
      Reviewed on Aug 14, 2018
    • ICICI Bank Personal Loan
      "GOOD SERVICE"
      0.5 4.0/5 "Great!"
      Documentation and processing was easy, rate of interest can be reduced in further , processing fee as well, when they informed me insurance and the processing fee comes around 6000rs but they have charges more when compared with other banks.
      Was this review helpful? 1
      , coimbatore
      Reviewed on Aug 14, 2018
    • ICICI Bank Personal Loan
      "QUICK LOAN "
      0.5 4.0/5 "Great!"
      Application and website are user friendly , i have taken this loan for 48 months, i feel like the fees and charges, rate of interest is little high, processing and documentation was easy, i used to make payments by NEFT, which will reach them soon.
      Was this review helpful? 1
      , gurgaon
      Reviewed on Aug 14, 2018
    • Bank Bazaar Personal Loan
      "VERY GOOD SERVICE "
      0.5 4.0/5 "Great!"
      The main benefit of bankbazaar for me is the time consumption because i no need to go to bank to bank for the informations and for applying, online itself i have uploaded the documents, executives can explain even more better so that we can get the complete information.
      Was this review helpful? 1
      , bangalore
      Reviewed on Aug 14, 2018
    • ICICI Bank Personal Loan
      "BELOW AVAERAGE SERVICE"
      0.5 1.0/5 "Really Bad"
      Interest rate can be reduces as they have given me the rate of interest as 14.99%, every month 5th the deduction will be done from my account, also they can reduce the process timing as it took around 1 month to get processed which i felt little long period.
      Was this review helpful? 0
      , bangalore
      Reviewed on Aug 14, 2018
    • Indian Bank Personal Loan
      "GOOD SERVICE "
      0.5 4.0/5 "Great!"
      I have got the flood loan with this bank, with low interest rates, the loan value is 1 lakh ,its taken for 3 years tenure, only 3-4 EMIs are pending, processing was easy and i got it within a week of time so the process was quick as we were in urgency.
      Was this review helpful? 1
      , chennai
      Reviewed on Aug 14, 2018
    • Bank Bazaar Personal Loan
      "Excellent"
      0.5 5.0/5 "Blown Away!"
      My experience was really amazing with BANK BAZAAR. The customer service and responses was up to the mark. This is my first experience here . The customer service and responses was very good . I have used their website which is quite user friendly.,
      Was this review helpful? 1
      , bhilwara
      Reviewed on Aug 14, 2018
    • HDFC Bank Personal Loan
      "Good"
      0.5 4.5/5 "Excellent!"
      I have taken my personal loan with HDFC bank. I had a good loan process here and the loan amount was 2 lakhs . The interest rate was very satisfactory . The tenure period was 4 years .The customer service and responses was up to the mark. The processing fee is nominal .
      Was this review helpful? 1
      , bhilwara
      Reviewed on Aug 14, 2018
    • YES Bank Personal Loan
      "Satisfactory"
      0.5 4.0/5 "Great!"
      I have taken a personal loan earlier with YES Bank and the process to get the loan was good. I have closed this loan too and the process was easy after the closure of the loan. The rate of interest and processing charges is nominal and overall good experience.
      Was this review helpful? 1
      , chennai
      Reviewed on Aug 14, 2018
    • Kotak Personal Loan
      "Average"
      0.5 3.0/5 "Satisfactory"
      My personal loan was taken with KOTAK BANK 1 year back.The loan amount was 1 lakh . The customer service and responses was very nice The tenure period was 5 years here. The documentation process was good but after 15-20 days only the loan was disbursed.
      Was this review helpful? 2
      , bangalore
      Reviewed on Aug 14, 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 good. I use the website is very user friendly and easy to navigate. The web portal's accuracy is good.My overall experience is very much satisfactory .
      Was this review helpful? 1
      , bangalore
      Reviewed on Aug 14, 2018
    • ICICI Bank Personal Loan
      "Not satified"
      0.5 2.0/5 "Expected more"
      My credit card was taken with ICICI Bank.I am not happy with the process here . The loan got approved but they have disbursed it after 2 months only. The interest rate was bit high and the tenure period was 3 years . The customer service and responses was not good. The processing fee was high .
      Was this review helpful? 0
      , bangalore
      Reviewed on Aug 14, 2018
    • Bank Bazaar Personal Loan
      "Excellent"
      0.5 5.0/5 "Blown Away!"
      My experience was really good with BANK BAZAAR. The customer service and responses was good. The mobile application is very user friendly and easy to navigate . I am happy with the overall service and there is no inconvenience faced.My experience was excellent.
      Was this review helpful? 0
      , bangalore
      Reviewed on Aug 14, 2018
    • HDB Financial Services Personal Loan
      "Very good"
      0.5 4.0/5 "Great!"
      My personal loan was taken with HDB FINANCE. The process was very nice but it took a longer time here. The interest rate was on a higher side . The tenure period was 5 years . The customer service and responses was good. They were calling up for many times.The processing fee was nominal and the documentation was smooth.
      Was this review helpful? 0
      , bangalore
      Reviewed on Aug 14, 2018
    • HDFC Bank Personal Loan
      "Good service"
      0.5 4.5/5 "Excellent!"
      I have taken personal loan from HDFC BANK . There is no hidden charges. I use to pay 8700 as EMI per month including insurance and tenure period is 5years. I am satisfied with customer service. Processing fee is 5000 and it is nominal. My loan experience was good. My loan amount is up to the mark and interest rate is 10% it is too high compare to others. There is no foreclosure fee .
      Was this review helpful? 1
      , jharsuguda
      Reviewed on Aug 14, 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 very nice. I have applied through the website which is very user friendly and easy to access. My overall experience which I had with bankbazaar was really good.
      Was this review helpful? 2
      , nagpur
      Reviewed on Aug 14, 2018
    • HDFC Bank Personal Loan
      "Excellent"
      0.5 5.0/5 "Blown Away!"
      My personal loan was taken with HDFC Bank. The customer service and responses was very good. The loan amount was 6 lakhs and the interest rate was satisfactory . The tenure period was 4 years . I am satisfied with the service and responses was good. The documentation was very good and smooth. The processing fee was nominal.
      Was this review helpful? 1
      , nagpur
      Reviewed on Aug 14, 2018
    • HDFC Bank Personal Loan
      "best services"
      0.5 5.0/5 "Blown Away!"
      I have taken personal loan from HDFC BANK . There are no hidden charges. I use to pay 7700 as EMI per month . Customer service response is fantastic . Processing fee is 1% on loan amount and tenure period is 3year and it is nominal. My loan experience was good. My loan amount is 3.5 lakh and interest rate is 18% it is too high in the market . So far my experience is good with HDFC BANK .
      Was this review helpful? 0
      , kumbakonam
      Reviewed on Aug 14, 2018
    • Bank Bazaar Personal Loan
      "Good service"
      0.5 4.0/5 "Great!"
      I came to know about BANK BAZAAR website through one of my friend . For the first time i have taken financial product from this website . I have been using BANK BAZAAR for past 3 month . Customer service response is good . So far my experience is good with BANK BAAZAR .
      Was this review helpful? 1
      , bangalore
      Reviewed on Aug 14, 2018
    Common Loader Icon
  • reTH65gcmBgCJ7k
    This Page is BLOCKED as it is using Iframes.