Multiple banks. Different interest rates. Call it a "conflict of interest".
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    We found 32 Thane Personal Loan
    Bank Name
    Interest Rate Range
    Processing Fee Range
    Loan Amount
    Tenure Range
    10.99% - 14.49% Fixed
    0 to ₹1,180
    30L Max
    1-5 years
    Response Time : Within 30 minutes
    Rs.1,000 Amazon voucher free Ad
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    11.49% - 21.00% Fixed
    0 One time fee
    20L Max
    1-6 Years
    Response Time : Within 30 minutes
    Rs.1,000 Amazon voucher free Paperless approval available
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    Perks
    Fees & Charges
    Good to Know
    Eligibility Criteria
    Customer Reviews
    10.99% - 20.70% Fixed
    Up to 2.5% One time fee
    25L Max
    1-5 years
    Response Time : Within 30 minutes
    Paperless approval available
    What you'll love
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    Eligibility Criteria
    Customer Reviews
    12.99% - 12.99% Fixed
    Up to 2% One time fee
    20L Max
    1-5 years
    Response Time : Within 30 minutes
    Rs.1,000 Amazon voucher free Paperless approval available
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    Eligibility Criteria
    10.99% - 17.99% Fixed
    2.25% (min. ₹1,499 + applicable tax) One time fee
    20L Max
    1-5 Years
    Response Time : Within 30 minutes
    Rs.1,000 Amazon voucher free Paperless approval available
    What you'll love
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    Perks
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    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
    Rs.1,000 Amazon voucher free Paperless approval available
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    Fees & Charges
    Good to Know
    Eligibility Criteria
    10.65% - 11.65% Floating
    0.5% One time fee
    50 K - 10 L
    1-5 Years
    Response Time : Within 30 minutes
    Guarantor Required Paperless approval available
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    14% - 33% Fixed
    1.5% to 6.0% One time fee
    15L Max
    1-4 Years
    Response Time : Within 30 minutes
    Paperless approval available
    What you'll love
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    Perks
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    Fees & Charges
    Good to Know
    Eligibility Criteria
    10.99% - 15.99% Fixed
    Up to 0.5%
    30L Max
    1-5 Years
    Response Time : Within 30 minutes
    Rs.1,000 Amazon voucher free
    What you'll love
    Documents
    Perks
    Fees & Charges
    Good to Know
    Eligibility Criteria
    Customer Reviews
    10.99% - 17.99% Fixed
    Up to 2.5%
    15L Max
    1-5 years
    Response Time : Within 30 minutes
    Rs.1,000 Amazon voucher free
    What you'll love
    Documents
    Perks
    Think about
    Fees & Charges
    Good to Know
    Eligibility Criteria
    Customer Reviews
    11.00% - 13.75% Fixed
    1% One time fee
    30L Max
    1-5 Years
    Response Time : Within 30 minutes
    Rs.1,000 Amazon voucher free
    What you'll love
    Documents
    Perks
    Fees & Charges
    Good to Know
    Eligibility Criteria
    12% - 19% Fixed
    Up to 3% One time fee
    25L Max
    1-5 years
    Response Time : Within 30 minutes
    Rs.1,000 Amazon voucher free Paperless approval available
    What you'll love
    Documents
    Perks
    Think about
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  • Thane Personal Loan is Rated as "Great!" by 722 Users

    Fees & Charges

    Promised Interest Rate

    Customer Service

    Responsiveness

    Personal Loan BYTES FROM OUR KITCHEN

    Thane Personal Loan

    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.


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

    01
    02
    03
    04
    Thane Personal Loan Minimum Age

    At least 21 years old

    Thane Personal Loan Maximum Age

    Less than 65 years old

    Thane Personal Loan Eligible Employment Type

    Salaried / Self – Employed
    with regular income

    Thane Personal Loan Minimum Income

    Earn more than the minimum
    income required


    Your Thane Personal Loan amount eligibility is based on these factors

    01
    02
    03
    Thane Personal Loan Minimum Salary

    Minimum income required
    Rs.17,500 per month

    Thane Personal Loan Maximum Loan Funded

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

    Thane Personal Loan EMI

    EMIs of other loans lower
    your eligibility


    Increase your eligible Thane Personal Loan amount by these steps

    01
    02
    Thane Personal Loan Payoff Outstanding Credit Card Bills

    Pay off your credit card bills

    “Thane

    Choose longer tenure loan up to 5 years


    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 12 Dec 2017

    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
    Apply for Personal Loan

    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.


    Thane Personal Loan Reviews

    • Bank Bazaar Personal Loan
      "Good"
      0.5 4.0/5 "Great!"
      I have taken my personal loan via Bank bazaar . The customer service and responses was up to the mark. The process was very quick and the executive were helpful . My overall experience was good and I would like to recommend to others.
      Was this review helpful? 0
      , thane
      Reviewed on Dec 06, 2017
    • Standard Chartered Bank Personal Loan
      "Average"
      0.5 3.0/5 "Satisfactory"
      My personal loan was taken with STANDARD CHARTER bank . The loan amount was 3 lakhs and the interest rate was 11.49% which was average in the market and the tenure period was 5 years. The customer service and responses was up to the mark so I would like to recommend to others.
      Was this review helpful? 1
      , thane
      Reviewed on Dec 06, 2017
    • Tata capital Personal Loan
      "Good institution"
      0.5 4.0/5 "Great!"
      I have applied for a personal loan with TATA CAPITAL LIMITED and later i had taken the loan with Kotak mahindra. Before the response from TATA CAPITAL LIMITED i got the call from Kotak since it was on the urgent basis i had to go with them. Its a good institution.
      Was this review helpful? 1
      , thane
      Reviewed on Nov 25, 2017
    • Bank Bazaar Personal Loan
      "Good response"
      0.5 4.5/5 "Excellent!"
      I got multiple calls from bankbazaar team. The website of bankbazaar is good and friendly. There was a quick response from the team. I suggest bankbazaar to assign a profile to a particular agent so that the customer no need to explain the scenario again and again.
      Was this review helpful? 0
      , thane
      Reviewed on Nov 25, 2017
    • Kotak Personal Loan
      "Should improve there process"
      0.5 4.0/5 "Great!"
      I have taken a personal loan with KOTAK MAHINDRA BANK. The approved amount disbursal got little delay since the festival leaves came up. The approved amount was 3 lakhs.Rate of interested was 10.99% with an EMI of 6600 for 5 years.
      Was this review helpful? 0
      , thane
      Reviewed on Nov 25, 2017
    • Bank Bazaar Personal Loan
      "User friendly "
      0.5 4.5/5 "Excellent!"
      It's very good service and clear with terms. I like the response of bank bazar team.also they are best in helping customer and keep in touch with me till my query solve thank you bank bazar and bank bazar team . I got best offer from bank bazar .keep it up!!!
      Was this review helpful? 0
      , thane
      Reviewed on Nov 02, 2017
    • Bank Bazaar Personal Loan
      "One stop solution"
      0.5 5.0/5 "Blown Away!"
      Bank Bazaar is nice, the response what they provided to me its good. I got a clear information about the loan product and they also gave me guidance through out the process. The site is very simple and easy to check about the financial products.
      Was this review helpful? 0
      , thane
      Reviewed on Nov 02, 2017
    • Standard Chartered Bank Personal Loan
      "They should transparent in their process"
      0.5 2.0/5 "Expected more"
      I don't know what is the reason Standard Chartered have rejected the loan request. But they have already collected the documents after that there was no response from their end. I would like to suggest bank should informed the specific reason of loan rejection.
      Was this review helpful? 0
      , thane
      Reviewed on Nov 02, 2017
    • Bank Bazaar Personal Loan
      "Good website"
      0.5 3.0/5 "Satisfactory"
      This was my first experience with Bankbazaar and i had a good experience. I can say that it is a helpful website for financial products as they give you all the information on different bank norms and offers and also had good service from them with immediate calls made and good information.
      Was this review helpful? 0
      , thane
      Reviewed on Nov 01, 2017
    • Bank Bazaar Personal Loan
      "Wonderful options"
      0.5 5.0/5 "Blown Away!"
      Bankbazaar.com provides wonderful options. I am very much happy with the options provided by bankbazaar.com. The webportal is very to use and access. I had received sufficient followups and guidelines from bankbazaar. To be frank, this is my first experience of exploring this site.
      Was this review helpful? 0
      , thane
      Reviewed on Oct 24, 2017
    • ICICI Bank Personal Loan
      "Superb service"
      0.5 4.0/5 "Great!"
      Superb service provided by ICICI. My requirement was fulfilled that is why i had not taken the personal loan from ICICI. Interest rate and processing fee charged by ICICI was reasonable. I have no idea about the foreclosure charges levied by ICICI
      Was this review helpful? 0
      , thane
      Reviewed on Oct 24, 2017
    • HDFC Bank Personal Loan
      "Customer friendly"
      0.5 5.0/5 "Blown Away!"
      Past three years I have been using HDFC Personal loan service, I took the loan amount of Rs. 2.5 lakhs they gave me top up offers with best interest rate. But I don't have any need to take a top up. I am very much happy about customer service of HDFC.
      Was this review helpful? 0
      , thane
      Reviewed on Oct 23, 2017
    • Bank Bazaar Personal Loan
      "One stop solution"
      0.5 5.0/5 "Blown Away!"
      I am very much excited with Bank Bazaar service, I was using mobile banking, its easy to check the eligibility and compare the offers of bank, which is available in the market. Through Bank Bazaar only I found a option in HDB finance for the personal loan.
      Was this review helpful? 0
      , thane
      Reviewed on Oct 23, 2017
    • HDB Financial Services Personal Loan
      "Its Better"
      0.5 5.0/5 "Blown Away!"
      They gave me hassle free loan experience, HDB finance taken one week to collect the complete the loan process after collecting the documents. I am satisfied with the offers which they gave me. I have taken 1.5 lakhs for the tenure of four years.
      Was this review helpful? 0
      , thane
      Reviewed on Oct 23, 2017
    • ICICI Bank Personal Loan
      "AVERAGE"
      0.5 2.0/5 "Expected more"
      It has not been a satisfactory experience with ICICI bank for the personal loan. They do not call the customer and I had to follow up continuously through the process. They do not give what they commit and the rate of interest and charges are also high.
      Was this review helpful? 0
      , thane
      Reviewed on Oct 16, 2017
    • Citibank Personal Loan
      "EXCELLENT"
      0.5 4.5/5 "Excellent!"
      My earlier experience with Citibank has been better than the current experience. Because my personal loan was disbursed as promised, more over it was a larger amount. The rate of interest was also nominal and I got to pre close the loan and I was not charged a fee.
      Was this review helpful? 0
      , thane
      Reviewed on Oct 16, 2017
    • Bank Bazaar Personal Loan
      "GOOD SERVICE"
      0.5 4.0/5 "Great!"
      The services and process from Bankbazaar was good for me. The portal has a lot of features and it is good enough for a customer taking a loan. But it would have been better if the process with the bank was completed as per the timeline informed initially.
      Was this review helpful? 0
      , thane
      Reviewed on Oct 16, 2017
    • Citibank Personal Loan
      "SATISFACTORY"
      0.5 3.0/5 "Satisfactory"
      Citibank was not at par with the rest of the market. Since I started my process with them, that is why I went ahead. They took a little more than a week to complete the personal loan. They took 72 hours to contact me after applying after which another two days to collect the documents and after which few more days again for the disbursement. They are high in the processing fee and they also charged a additional fee. They even have a fee for the pre closure.
      Was this review helpful? 0
      , thane
      Reviewed on Oct 16, 2017
    • HDFC Bank Personal Loan
      "Good Service"
      0.5 4.0/5 "Great!"
      I had a personal loan with HDFC Bank few years back. Now that personal loan was fore within 2 years of the loan period. For fore closing HDFC Bank charged me a fore closing charge of 3% of the outstanding loan amount at that time left in my loan I feel that is the only thing bit high.
      Was this review helpful? 0
      , thane
      Reviewed on Oct 14, 2017
    • Fullerton Personal Loan
      "Nice site"
      0.5 5.0/5 "Blown Away!"
      Bankbazaar.com site is very nice and quick loan Very good service as of now. Customer service is very good, response is very fast and as per customer's convince. Multiple options for customer to choose with, be it any type of product, customer response, etc. Over all bankbazaar is doing a great job.
      Was this review helpful? 0
      , thane
      Reviewed on Oct 13, 2017
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