Multiple banks. Different interest rates. Call it a "conflict of interest".
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    We found 1 Ujjivan Small Finance Bank Personal Loan
    Bank Name
    Interest Rate Range
    Processing Fee Range
    Loan Amount
    Tenure Range
    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
    Rs.750 Amazon Voucher
    What you'll love
    Documents
    Perks
    Think about
    Fees & Charges
    Good to Know
    Eligibility Criteria
    Ujjivan Small Finance Bank Personal Loan is Rated as "Great!" by 21 Users

    Fees & Charges

    Promised Interest Rate

    Customer Service

    Responsiveness

    Personal Loan BYTES FROM OUR KITCHEN

    Established in 2015, Ujjivan Financial Services aims to offer financial aid to the financially unserved segment in India so that it can develop further, causing the nation to grow as a whole. After the receipt of the final license from the Reserve Bank of India (RBI) on 11 November 2016 under the section 22 of the BR Act, 1949, the company decided to venture into the small finance bank segment in India. The team of experienced professionals and advisors at the bank, including several ex-CEOs of multiple leading banks in the country, helps the customers choose the right financing product based on their specific requirements. The bank is offering its services in 24 states as on February 2017, and is currently working towards the development of several segments such as education, healthcare, community development, vocational training, etc. in the rural areas of the country.

    When you apply for a personal loan from Ujjivan Small Finance Bank, you can be assured that you will receive the funds that you need in order to meet your financial needs. Whether its higher education or wedding expenses, Ujjivan Personal Loans can be used to meet all kinds of credit requirements.

    Key Features of Ujjivan Personal Loan

    Learn about the significant features of the personal loans available at Ujjivan Small Finance Bank mentioned in the list below:

    • Loan amount - When a borrower applies for a personal loan from this bank, he or she will be able to get an amount between Rs.50,000 and Rs.15 lakh based on his/her eligibility to meet his/her financial need.
    • Loan repayment tenure - The repayment tenure for Ujjivan Personal Loans can vary from 12 months to 60 months based on the repayment capacity of the applicant.

    Benefits of Ujjivan Personal Loan

    There are several benefits to applying for a personal loan from this bank. Some of these benefits are mentioned below:

    • Attractive interest rates - The applicable rate of interest for an individual is determined by the bank after considering several factors such as income, age, type of employment, loan amount, etc. The bank offers attractive rates to the personal loan customers in order to help them meet their financial needs.
    • Flexible repayment options - This loan can be repaid with easy equated monthly installments (EMIs) through multiple channels. The customer applying for this loan will have the benefit of choosing the repayment option as per his or her convenience.
    • No collateral required - If you are applying for this personal loan, you will not have to provide any collateral in order to avail this loan.
    • Quick approvals - When you apply for a personal loan from Ujjivan Small Finance Bank, your loan application will be approved in as less as 3 working days starting from the date of submission of the application.
    • Insurance coverage - The bank also provides a loan protection insurance plan to the customers applying for a personal loan.

    Eligibility Criteria for Ujjivan Personal Loan

    In order to be eligible for a personal loan from Ujjivan Small Finance Bank, you should meet the following criteria:

    • The applicant should be a salaried individual with a regular source of income.
    • The minimum age of the borrower for the loan is 22 years and the maximum age is 59 years.
    • The net monthly salary of the individual should be equal to or higher than the minimum wage limit prescribed by the concerned state.

    Documents Required to Apply for an Ujjivan Personal Loan

    When you apply for an Ujjivan Personal Loan, you will have to provide the documents mentioned in the list below:

    • Aadhaar card
    • Copy of PAN Card
    • Proof of address such as Drivers Licence, Aadhaar card, Passport, Voters ID, etc.
    • Salary slips for the previous 3 months
    • Bank statements of salary bank account or main active bank account for the previous 6 months

    How to Apply for an Ujjivan Personal Loan Online on BankBazaar.com?

    You can easily apply for an Ujjivan Personal Loan at BankBazaar.com within a few minutes. The steps for the application process are as detailed below:

    1. You should first update the loan eligibility form with accurate personal details. This includes income details, liabilities, personal information, etc. After the submission of the form, the online tool will check your eligibility for the loan. Following this, personalised personal loan options are displayed on the screen.
    2. From the list of options provided, you can compare the loan details and choose the one that best suits your needs.
    3. The final step is the e-approval process from BankBazaar.com. Once the personal loan application is submitted online successfully, you will receive the e-approval instantly.

    Ujjivan Small Finance Bank Personal Loan Reviews

    • Ujjivan Bank Personal Loan
      "Excellent service"
      0.5 5.0/5 "Blown Away!"
      I have applied for Ujjivan Small Finance Bank Ltd Personal Loan. I have not faced any issues till now . The rate f interest was nominal and the processing fee is also nominal .The agent clearly explained the process as well.The Overall Service is good according to me .
      Was this review helpful? 0
      , kochi
      Reviewed on Mar 20, 2019
    • Ujjivan Bank Personal Loan
      "Good Service"
      0.5 5.0/5 "Blown Away!"
      I have applied for Personal with Ujjivan Small Finance Bank Ltd .The rate of interest was high and the processing was also high ,The agent clearly explained the process and not yet faced any issues till now .The Overall service is good as well.
      Was this review helpful? 0
      , noida
      Reviewed on Mar 20, 2019
    • Ujjivan Bank Personal Loan
      "Easy loan approval"
      0.5 4.0/5 "Great!"
      I have applied a personal loan from Ujjivan Small Finance Bank the loan amount was Rs. 100000 .In bank side they rejected because i have not given any documents to bank.The reason got rejected in bank,i am getting 2 payslips 1 payslip salary is Rs. 14500 another payslip salary Rs. 3000.Customer service and responsiveness is really good.
      Was this review helpful? 0
      , bangalore
      Reviewed on Mar 19, 2019
    • Ujjivan Bank Personal Loan
      "Easy loan"
      0.5 5.0/5 "Blown Away!"
      I have taken a Ujjivan Small Finance Bank there was no call from their end, I already summited to the field executive . The response was not good, and their interest is higher hence I dropped the plan. Finally I didn't take loan from Ujjavan Small Finance Bank, it should be reasonable.
      Was this review helpful? 0
      , bangalore
      Reviewed on Mar 19, 2019
    • Ujjivan Bank Personal Loan
      "Good Service"
      0.5 5.0/5 "Blown Away!"
      I have applied for Ujjivan Small Finance Bank Ltd Personal Loan.The agent clearly explained the process ,rate of interest is nominal I have not got any any details about processing fee.Since not require Personal loan i have cancelled the plan of taking the loan .The Overall Service is good .
      Was this review helpful? 0
      , mumbai
      Reviewed on Mar 19, 2019
    • Ujjivan Bank Personal Loan
      "Good Service"
      0.5 4.0/5 "Great!"
      I have applied for ujjivan Small Finance Bank Ltd Personal Loan .I have not yet faced any issues till now.I have notyet received any clear information regarding the Loan like whether will receive loan amount or not due to this reason have nt taken the Personal Loan .The rate of interest is nominal as well .
      Was this review helpful? 0
      , mumbai
      Reviewed on Mar 18, 2019
    • Ujjivan Bank Personal Loan
      "Rate of Interest is very high"
      0.5 1.0/5 "Really Bad"
      Ujjivan finance company are ready to provide me personal loan but the Rate of interest is high as close to 18 % . Its too high comparing with other bank . It should be in-between 11 -12 % , I was expecting for more than 5 lakhs , but the interest rate is not negotiable .
      Was this review helpful? 0
      , mumbai
      Reviewed on Mar 18, 2019
    • Ujjivan Bank Personal Loan
      "Need to improve the way of approach to customer"
      0.5 3.0/5 "Satisfactory"
      I have applied for a Personal Loan with UJJivan Small L Finance Bank Ltd. I have not faced any issues till now .The agent clearly explained the process. They need to improve the way of approach to customer service as well. Other than that the service is good.
      Was this review helpful? 0
      , bangalore
      Reviewed on Mar 18, 2019
    • Ujjivan Bank Personal Loan
      "Not satisfied with the service"
      0.5 3.0/5 "Satisfactory"
      I had applied for a Personal loan from them and i expected a call within 24 hours but they had called me after two week where it was too much delayed, where i had already taken a loan already got a loan by that time from another bank. The interest rate which they offered was also very high.
      Was this review helpful? 0
      , new delhi
      Reviewed on Mar 18, 2019
    • Ujjivan Bank Personal Loan
      "Should provided low interest"
      0.5 5.0/5 "Blown Away!"
      There was no call from their end, I already summited to the field executive . The response was not good, and their interest is higher hence I dropped the plan. Finally I didn't take loan from Ujjavan Small Finance Bank, it should be reasonable.
      Was this review helpful? 0
      , thane
      Reviewed on Mar 17, 2019
    • Ujjivan Bank Personal Loan
      "Good service"
      0.5 3.5/5 "Pretty good"
      The process in getting this loan was pretty much simple and it was easy. The loan amount which they had provided has been sufficient but the interest rate and charges with them has been quite high. Their customer support has also been helpful and responsive at times.
      Was this review helpful? 0
      , chennai
      Reviewed on Mar 14, 2019
    • Ujjivan Bank Personal Loan
      "Interest rate should be reduced"
      0.5 5.0/5 "Blown Away!"
      From Ujjavan small Finance interest was higher, they need to reduce the percentage of interest and charges. I have taken the principal amount of Rs. 4 lakhs for the loan period of five years, they taken processing fee of Rs. 11,000, the documents are easy.
      Was this review helpful? 0
      , new delhi
      Reviewed on Mar 08, 2019
    • Ujjivan Bank Personal Loan
      "Not satisfied"
      0.5 1.0/5 "Really Bad"
      It was not a good experience with Ujjivan Finance for personal loan. Loan amount was for Rs 275000 but i requested for Rs 3 lacs. Rate of interest of 18% is very high when compared to others. Customer support did not negotiate the rate of interest. It was an emergency so i took the personal loan.
      Was this review helpful? 0
      , bangalore
      Reviewed on Mar 08, 2019
    • Ujjivan Bank Personal Loan
      "High on interest"
      0.5 1.0/5 "Really Bad"
      I did not take the personal loan with Ujjivan Small Finance Bank Ltd because the rate of interest is very high. It is of 20%. I was looking for a interest rate of 7 to 8%. The bank was not supportive as well when I reached out to them about the interest rate.
      Was this review helpful? 0
      , bangalore
      Reviewed on Mar 08, 2019
    • Ujjivan Bank Personal Loan
      "GOOD"
      0.5 4.0/5 "Great!"
      UJJIVAN SMALL FINANCE BANK LTD is the bank where i have taken the personal loan. The loan amount was good also i got the loan within 2 days. the loan amount what they have given is 75K. the rate of interest was nominal with this loan. the duration for repaying the loan is for 3 years.
      Was this review helpful? 0
      , chennai
      Reviewed on Mar 05, 2019
    • Ujjivan Bank Personal Loan
      "Best Service"
      0.5 4.5/5 "Excellent!"
      My personal loan was approved with Ujjivan bank and the experience was good. Loan amount was for Rs 1 lac with high interest rate when compared to others. I received my loan amount on time. Customer service was good with this bank and tenure period was for 3 years.
      Was this review helpful? 0
      , navi mumbai
      Reviewed on Mar 05, 2019
    • Ujjivan Bank Personal Loan
      "Good "
      0.5 4.5/5 "Excellent!"
      Everything was good about Ujjivan Small Finance Bank Ltd for the personal loan. Except that the office verification got delayed. Else the documentation was collected on time and I received the loan on time. It was as requested. The rate of interest and processing charges are nominal.
      Was this review helpful? 0
      , gurgaon
      Reviewed on Mar 05, 2019
    • Ujjivan Bank Personal Loan
      "Looking for less interest rate"
      0.5 5.0/5 "Blown Away!"
      It was a good experience with Personal loan from Ujjivan finance which was closed. My application was closed because the rate of interest was high when compared to other banks. Customer service was good with this bank and they responded on time.
      Was this review helpful? 0
      , new delhi
      Reviewed on Mar 02, 2019
    • Ujjivan Bank Personal Loan
      "Good service"
      0.5 5.0/5 "Blown Away!"
      The customer service is very good. The rate of interest was around 15% which was little bit high compared to others. Also they have charged me a processing fee of 3,000 from the loan amount. Ujjivan Small Finance Bank Ltd processed the loan very faster. The loan duration is 5 years.
      Was this review helpful? 1
      , new delhi
      Reviewed on Mar 01, 2019
    • Ujjivan Bank Personal Loan
      "Good service"
      0.5 5.0/5 "Blown Away!"
      I have been holding my small term personal loan with UJJIVAN SMALL FINANCE BANK LTD, i got this loan from my company it is staff loan which they are providing me and there service is up to the mark and i am happy with my loan amount which they have given me.
      Was this review helpful? 11
      , bangalore
      Reviewed on Oct 30, 2018
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