Diwali is the time many look out for personal loan offers to fulfil the financial demands the festival brings with it. From buying crackers for the entire family to dressing them up with new, trendy clothes, the list goes on and on. Many get disappointed when they check their savings account as in most cases the savings is less than what is required to celebrate this auspicious festival. What do we do then? Say no to Diwali shopping? Turn our loved ones down when they ask for a Diwali gift? Cancel Diwali get-togethers? No! We have to look out for other options to get the funds we need to enjoy the festival of lights. During popular festivals like these, banks roll out many personal loan offers knowing that festival observers may be in need of it. Before you apply for a personal loan, proper research about the offers available in the market is very crucial. Take a look at the best personal loan offers available for all the exciting Diwali celebrators.
If you are suffering from unavailability of ready funds, SBI is offering one of the best personal loan for festive season this Diwali. Advantages of SBI festival loan include low interest rate, low processing charges, nil prepayment penalties and no hidden costs or administrative charges. With the minimum loan amount of Rs.5000 and maximum ceiling amount of Rs.50, 000, this festival loan is one of its kind.
Additional Reading: Diwali Festival Offers on SBI Personal Loan
You can now check if you are eligible for a personal loan within a minute by using the eligibility calculator available on HDFC Bank website. With easy documentation and hassle free approvals, personal loans offered by HDFC is one of the opted loans in India. You can also walk into any of the participating HDFC Bank branches and walk out with a personal loan, it’s that easy!
Additional Reading: Diwali Festival Offers on HDFC Personal Loan
UCO Bank is one of the leading banks offering low interest rate on personal loans. The current interest rate on personal loan is 12.55% p.a. With simple documentation and transparency in each step of the loan process, this bank has gained a longlist of loyal customers. For more information about this loan, you can view personal loans offered on Bankbazaar.com and enquire about this loan. You can receive a response within 30 minutes.
Additional Reading: Bankbazaar Personal Loan Diwali Offers 2016
Personal loan offered by Tata Capital comes with a maximum tenure period of 6 years. Perks of availing a personal loan from Tata Capital include door step service, part-payment options and E-approval. Also, enjoy nil pre closure and part-payment fee this Diwali. The bank usually takes 4.9 days to approve or decline a loan offer. With over 100 branches, Tata Capital is one of the leading financial institution in India. Tired of time consuming documentation process? Tata Capital has paperless approval option available on BankBazaar.com. Avail personal loan from Tata Capital on BankBazaar.com and get Goibibo Gocash worth Rs.5, 000 this festive season.
Additional Reading: Diwali Festival Offers on Tata Capital Personal Loan
Unable to find a guarantor to apply for a personal loan? You don’t need a guarantor to avail a personal loan from Indusind Bank. With pre-closure option, the interest rate for this personal loan varies from 11.99% to 19% p.a. What more? You can avail up to Rs.25 lakh loan amount with a tenure period of 1-5 years. Also get Goibibo Gocash worth Rs.5, 000 by availing this loan using BankBazaar.com. What more? You can avail this loan without submitting printed documents. Yes, visit BankBazaar website and avail there paperless approval option.
Additional Reading: Diwali Festival Offers on IndusInd Personal Loan
If you are looking for a personal loan that will be approved in one day, look no further than ICICI Bank personal loan. With over 4000 branches, ICICI Bank is one of the most popular banks in India. With no guarantor required to avail a personal loan, this loan can be pre-closed after 6 months from the time the loan was disbursed. With quick turnaround time, this loan is best suited to meet your immediate financial needs. Visit BankBazaar website for paperless loan approval.
Additional Reading: Diwali Festival Offers on ICICI Personal Loan
With a floating interest rate of 13.20%, personal loans offered by IDBI Bank doesn’t require a guarantor to avail their loan. With nil part payment or pre-closure fee, this loan is one of the most sought-after personal loan in India. Other benefits of this loan include E-approval, top-up and balance transfer options.
Additional Reading: Diwali Festival Offers on IDBI Personal Loan
If you are someone who wishes for more, this offer will excite you. Apart from discounts and benefits offered by the banks, you can also get Rs.1000 worth Amazon Gift Card plus Rs.1000 Goibibo Gocash. Simply visit BankBazaar.com, a leading website which compares various financial products available in the market and avail a personal loan from one of the participating banks and get Rs.1000 worth Amazon Gift Card plus Rs.1000 Goibibo Gocash. The list of participating banks include Capital First, Citibank, HDB Financial Services, Tata Capital Limited, Indusind Bank, Kotak Mahindra Bank, ICICI Bank and Standard Chartered Bank. For a list of non-participating banks, login to BankBaaar.com.
Additional Reading: Apply for Personal Loan at Lowest Interest rates
Applying for a loan can be time consuming. To make this process easy make sure you have done your homework and choose the best personal loan offer available in the market. Secondly, gather all the required documents and keep them handy. For the list of documents required, please visit the bank’s website. Make sure you submit the documents without any delay and be present at your residence during address verification. Another, most important factor to consider while applying for a personal loan is to check your credit scores. Make sure you have a good credit history.
BankBazaar has launched a campaign called Dhamal Diwali Flash Sale this Diwali to help their customers compare various loan offers and select the best deal. This offer is valid from 6th of October, 2016 to 30th October, 2016. Why wait? Enjoy shopping on Amazon and get a personal loan.
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