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

    Thane Personal Loan

    A personal loan can be used for backing up your personal expenses. Banks in Thane offer such loans to eligible candidates within the age range of 21 to 75 years during maturity. For hassle-free processing and quick disbursal apply for it online.
    More
    We found 33 Thane Personal Loan
    Bank Name
    Interest Rate Range
    Processing Fee Range
    Loan Amount
    Tenure Range
    11.75% - 18.00% Fixed
    0 Bankbazaar Exclusive
    20L Max
    1-6 Years
    Response Time : Within 30 minutes
    100% PAPERLESS APPROVAL
    What you'll love
    Documents
    Perks
    Fees & Charges
    Good to Know
    Eligibility Criteria
    Customer Reviews
    10.99% - 17.99% Fixed
    0
    30L Max
    1-5 Years
    Response Time : Within 30 minutes
    Accelerated Approval
    What you'll love
    Documents
    Perks
    Think about
    Fees & Charges
    Good to Know
    Customer Reviews
    20% - 22%  Fixed
    2.50%
    2L Max
    1-3 Years
    Response Time : Within 30 minutes
    What you'll love
    Documents
    Perks
    Think about
    Fees & Charges
    Good to Know
    Eligibility Criteria
    23% Fixed
    2% + Taxes
    10L Max
    1 - 2 Years
    Response Time : Within 30 minutes
    What you'll love
    Documents
    Perks
    Think about
    Fees & Charges
    Eligibility Criteria
    11.25% - 21.50% 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
    11.00% - 16.75% 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
    11.25% - 19.99% Fixed
    Up to 2.5%
    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
    16.5%-20% Fixed
    Up to 2% or minimum ₹2,000 (whichever is Max) One time fee
    15L Max
    1-5 Years
    Response Time : Within 30 minutes
    What you'll love
    Documents
    Perks
    Think about
    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
    11.25% - 22.00% Fixed
    From .75% (min. ₹999 + applicable tax) One time fee
    20L 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
    14.99% - 14.99% Fixed
    Up to 2% One time fee
    20L 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
    11.5% - 13.5% Fixed
    1% + applicable tax One time fee
    2L - 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
    Thane Personal Loan is Rated as "Great!" by 859 Users

    Fees & Charges

    Promised Interest Rate

    Customer Service

    Responsiveness

    Personal Loan BYTES FROM OUR KITCHEN

    Thane is a city in Maharashtra, India, at the head of the Thane Creek.Thane's GDP is the fifth largest in the state. Major source of income for the people is the service sector in the Mumbai Metropolitan region, apart from the smale scale and large scale industries in the nearby areas of the district and the Navi Mumbai region. Thane city, as such, is more of a residential city than an industrial one.

    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 Thane 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

    Thane Personal Loan Interest RatesUpdated on 21 May 2019

    Thane 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 Thane

    In Thane, personal loas and NBFCs in the country. A customer can avail a personal loan either due to a medical emergency, to fund a holiday, pay for wedding expenses, clear outstanding debts and so on. For those new to availing personal loans, they can visit financial portals such as BankBazaar to get started. On the BankBazaar website, customers can compare loans offered by its partner banks and NBFCs, make EMI calculations, and check their CIBIL score before choosing and availing a personal loan that suits their financial situation.

    Personal Loan offered by various banks in Thane

    Listed below are the top banks and NBFCs offering personal loans in Thane:

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

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

    Prior to availing a personal loan, it is imperative for customers to know the components of a personal loan that affect the interest rate - added on the loan amount. Most people leave the assessments and calculations (with regard to the interest rate) to bank executives. If you’re new to availing personal loans, listed below are areas you would need to look into if you wish to avail a loan at the lowest possible interest rate.

    Credit score: The credit score directly reflects on the interest rate applied on the loan offered to you by the bank. The higher your credit score the lower will be the interest rate offered to you by the bank and vice versa. Having a credit score upwards of 750 is optimum when availing a loan will be beneficial.

    Down payment - When availing a personal loan, most people ignore the resultant effect a down payment has on the interest rate offered to them by the bank. Making a down payment north of 20% of the total loan amount will result in you availing a loan at a lower interest rate.

    Debt-to-income ratio - Before approving the loan application, one of the first things that banks and NBFCs take into consideration is the debt-to-income ratio of the applicant. Having a debt-to-income ratio below 40% is optimum. Having a debt-to-income ratio more than either 40% or 50% might result in your application being rejected or if approved (based on your income), the interest rate added on the loan will be relatively higher.

    Look around for the best loan offer: Rather than just going with the bank holding your salary account, it is important to look around for the bank or NBFC offering a loan that suits your financial ability. Loan shopping on financial portals such as BankBazaar will give you a clear-cut idea of the different interest rates offered by banks and NBFCs. The BankBazaar website compares loans offered by its partner banks and lays bare the best possible loan out there.

    Your experience and the company you work for: Working for a reputed company will only increase the bank’s trust in you repaying the loan in time. The number of years of experience as well as the company you work for plays an important role in deciding the interest rate added on the loan.

    Negotiate: Making a negotiation for the interest rate added on your loan amount is a must. Most people do not even know that this is a possibility. Negotiating with the bank on the interest rate might just get you a better deal.

    Personal Loan Interest rates in Thane

    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 Thane

    The income of the loan applicant helps banks and NBFCs decide whether they should disburse the loan or not. The salary requirement varies from bank to bank and depends on the type of loan and the tenure decided by the applicant. Listed below is the approximate salary requirements when applying for a loan:

    For salaried individuals: In general, the salary requirement - depending on the bank and type of loan - ranges between Rs.7,500 and Rs.50,000 of the applicant's monthly net income.

    For self-employed individuals: Banks and NBFCs take into consideration the self-employed individual’s income over the last two years. In most cases, the profit of the individual for the year should be between Rs.1 lakh and Rs.2 lakh for the individual’s loan application to be approved.

    Thane Personal Loan FAQs

    1. What is the maximum personal loan amount one can avail?

      Salaried individuals can avail loans anything up to Rs.25 lakh. In the case of availing a joint loan, the loan amount will increase as the income of both parties are taken into consideration.

    2. Are there any foreclosure charges?

      Banks and NBFCs charge anything between 2-4% of the outstanding amount when the customer makes a foreclosure. That said, in most cases customers can make a foreclosure only 6 months after commencement of the loan.

    3. How can I calculate the EMI?

      You can calculate the EMI using online Personal Loan EMI calculator. The BankBazaar EMI calculator is accurate.

    4. You say the credit score is taken into consideration when one avails a loan. What affects the credit score of an individual?

      Failure to pay your credit bills and loan dues in time affects the credit score of an individual. A good credit score is anything above 750.

    5. How can I pay an EMI towards a loan?

      There are several ways to pay an EMI. You can use your net banking account, credit card, debit card, etc.

        

    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.

    Thane Personal Loan Reviews

    • HDFC Bank Personal Loan
      "BETTER"
      0.5 1.0/5 "Really Bad"
      There are more charges applicable with the HDFC BANK personal loan where i am using from last 2 years. The customer support and responsiveness is good and documentation process was done with simple and no issues. the rate of interest was 12-14% with this loan.
      Was this review helpful? 1
      , thane
      Reviewed on May 19, 2019
    • HDFC Bank Personal Loan
      "GOOD"
      0.5 4.5/5 "Excellent!"
      I have applied for the personal loan with the HDFC BANK where i have applied it the documentation process was simple and easy to get the loan, the loan amount was good also the rate of interest was nominal with this loan. The customer support is good.
      Was this review helpful? 1
      , thane
      Reviewed on May 13, 2019
    • ICICI Bank Personal Loan
      "Good Service"
      0.5 3.5/5 "Pretty good"
      I had taken Personal loan last year and the overall process in getting the loan was pretty much quick, the loan amount has been fine and the interest rate was around 13% which was quite nominal. The processing fee and charges where nominal like the other banks. Their customer support team had been quite good as well.
      Was this review helpful? 1
      , thane
      Reviewed on May 12, 2019
    • HDFC Bank Personal Loan
      "EXCELLENT"
      0.5 5.0/5 "Blown Away!"
      I have taken the personal loan with the HDFC BANK where it is a per approved loan and the documentation process was simple and easy to get the loan. I got the loan amount which was satisfactory added on that the rate of interest was nominal with this loan.
      Was this review helpful? 2
      , thane
      Reviewed on May 11, 2019
    • Kotak Personal Loan
      "Good Service"
      0.5 3.0/5 "Satisfactory"
      I had taken a Personal loan from KOTAK MAHINDRA BANK a while back and the process in getting the loan was pretty much simple. The loan amount has been sufficient but the interest rate with them has been quite high when compared with the market rate. There hasn't been any sort of extra charges which they had made.
      Was this review helpful? 0
      , thane
      Reviewed on May 09, 2019
    • Incred Personal Loan
      "Good Service"
      0.5 3.0/5 "Satisfactory"
      I had taken my Personal loan from InCred and the process in getting the loan has been pretty simple, but the interest rate with them has been pretty much high. The processing fee and charges where almost 1% and their customer support team had been responsive and where helpful at times.
      Was this review helpful? 0
      , thane
      Reviewed on May 09, 2019
    • IDFC Bank Personal Loan
      "Best service"
      0.5 5.0/5 "Blown Away!"
      I have been holding my personal loan with IDFC bank from long time, The loan amount which they have given to me was sufficient, the rate of interest they have charged me was up to 11-12% which was nominal, it is almost going to get closed this loan.
      Was this review helpful? 3
      , thane
      Reviewed on May 06, 2019
    • HDFC Bank Personal Loan
      "Good Experience"
      0.5 5.0/5 "Blown Away!"
      I have taken personal loan before two years, at the time I got the pre approved loan. I took the loan amount of Rs. 3 lakh for the duration of four year. Its going to complete within this year and also the bank gave me nominal interest for the personal loan.
      Was this review helpful? 1
      , thane
      Reviewed on Apr 30, 2019
    • ICICI Bank Personal Loan
      "AVERAGE"
      0.5 3.0/5 "Satisfactory"
      I have previously taken personal loan with the ICICI BANK and the documentation process was not good it is difficult. The processing it took 15-20 days to get the loan. The loan amount was lesser and not satisfied, the rate of interest was higher 18%.
      Was this review helpful? 1
      , thane
      Reviewed on Apr 19, 2019
    • Bank Bazaar Personal Loan
      "USERFRIENDLY PORTAL TO USE"
      0.5 5.0/5 "Blown Away!"
      It is the second time experience with the Bankbazaar.com as i am using it through the website as the portal is convenient and user friendly portal to access. The customer service is good and they are responsive by explaining the details of the loan.
      Was this review helpful? 0
      , thane
      Reviewed on Apr 19, 2019
    • Tata capital Personal Loan
      "EXCELLENT"
      0.5 5.0/5 "Blown Away!"
      They are very convenient so taken. The documentation process was simple and fast with the TATA CAPITAL LIMITED i got the loan within 2 days. The loan amount was good and also rate of interest was reasonable. There was no processing fee, for repaying the loan it is 4 years.
      Was this review helpful? 0
      , thane
      Reviewed on Apr 19, 2019
    • Citibank Personal Loan
      "EMI flexibility should be there"
      0.5 4.0/5 "Great!"
      CITI bank has online service for applying the personal loan, they are helpful but the drawback is due date falls on 1st of every month , there is no option to modify where in other banks there is a flexible option to change the due date, they need to provide this choice to the customer. The interest rate is competitive.
      Was this review helpful? 2
      , thane
      Reviewed on Apr 15, 2019
    • Bank Bazaar Personal Loan
      "Satisfactory"
      0.5 4.0/5 "Great!"
      We can compare and take the best rate of interest through Bank Bazaar. The customer support is very helpful and guided on the loan process. But I would like to suggest them to update the customer either the loan has processed or rejected so it will be more easier to go with other choice.
      Was this review helpful? 1
      , thane
      Reviewed on Apr 15, 2019
    • Tata capital Personal Loan
      "Satisfactory"
      0.5 4.0/5 "Great!"
      It was zero documentation with Tata Capital, within a week the loan got sanctioned. I took the amount of Rs. 4 lakhs for the duration of two years, the interest was okay with zero processing fee. But for the foreclosure some charges application.
      Was this review helpful? 1
      , thane
      Reviewed on Apr 15, 2019
    • Bank Bazaar Personal Loan
      "Good service"
      0.5 5.0/5 "Blown Away!"
      I felt the best thing in Bankbazaar is that they are good for digital loan which is like through online. I used to get good deals for credit card and loans. They used to do good follow up with my application and their service is good. I would like to suggest that they should reduce the call flow like I uses to get too much of calls from them unnecessarily. Apart from that their service is good.
      Was this review helpful? 0
      , thane
      Reviewed on Apr 06, 2019
    • Tata capital Personal Loan
      "Good service"
      0.5 5.0/5 "Blown Away!"
      I recently applied for my personal loan with Tata capital ,They loan amount which they have given me was sufficient,they have given me up to 3,00,000 which was based on my requirement,and the rate of interest they have charged me was nominal,but they have charged me high processing fee they have charged me up to 12,.000 bucks approximately i think which i felt was high,and the process of getting loan was smooth.
      Was this review helpful? 0
      , thane
      Reviewed on Apr 06, 2019
    • Bank Bazaar Personal Loan
      "Excellent"
      0.5 5.0/5 "Blown Away!"
      The customer service is very good but they need to reduce the call flow. I came to know about bankbazaar.com through online also I have received promotional mail to check my credit score then applied for loan. The process was easy and am satisfied.
      Was this review helpful? 0
      , thane
      Reviewed on Apr 04, 2019
    • Early Salary Personal Loan
      "Good"
      0.5 4.0/5 "Great!"
      I have taken a loan of 10K from Early Salary and it was re-paid through their mobile app. The rate of interest is bit high. The loan process was very easy. For first time, executive has came to my home for document collection and later I have done through online.
      Was this review helpful? 0
      , thane
      Reviewed on Apr 04, 2019
    • ICICI Bank Personal Loan
      "Good service"
      0.5 4.5/5 "Excellent!"
      I had applied for a home loan and It was with ICICI BANK .I was highly impressed. My home loan was approved in few days.Loan amount is satisfactory . They are awesome and they take care of you need very well.The good thing about ICICI BANK is their customer service.
      Was this review helpful? 1
      , thane
      Reviewed on Apr 03, 2019
    • Bajaj Finserv Personal Loan
      "Good personal loan in shorter period"
      0.5 4.0/5 "Great!"
      I dont have any tension with Bajaj Fin serve service . I got the loan in very faster time and everything was pre planned by the Bajaj sales people. Interest rate is almost 12 % , they need to reconsider about the interest for the middle class people.
      Was this review helpful? 1
      , thane
      Reviewed on Apr 02, 2019
    Common Loader Icon
  • reTH65gcmBgCJ7k
    This Page is BLOCKED as it is using Iframes.