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

    We found 31 Vadodara Personal Loan

    Bank Name
    Interest Rate Range
    Processing Fee Range
    Loan Amount
    Tenure Range
    10.99% - 15.99% Fixed
    Up to 2%
    30L Max
    1-5 Years
    Response Time Within 30 minutes
    Rs.1,000 Amazon voucher free Ad
    What you'll love
    Documents
    Perks
    Fees & Charges
    Good to Know
    Eligibility Criteria
    Customer Reviews
    10.99% - 14.49% Fixed
    0
    30L Max
    1-5 years
    Response Time Within 30 minutes
    Rs.1,000 Amazon voucher free Ad
    What you'll love
    Documents
    Perks
    Think about
    Fees & Charges
    Good to Know
    Eligibility Criteria
    Customer Reviews
    10.99% - 19.8% Fixed
    Up to 2% One time fee
    25L Max
    1-5 years
    Response Time Within 30 minutes
    Paperless approval option available
    What you'll love
    Documents
    Perks
    Think about
    Fees & Charges
    Good to Know
    Eligibility Criteria
    Customer Reviews
    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 option available
    What you'll love
    Documents
    Perks
    Fees & Charges
    Good to Know
    Eligibility Criteria
    Customer Reviews
    13.99% - 16.99% Fixed
    0 One time fee
    20L Max
    1-5 years
    Response Time Within 30 minutes
    Rs.1,000 Amazon voucher free Paperless Approval Option Available
    What you'll love
    Documents
    Perks
    Fees & Charges
    Good to Know
    Eligibility Criteria
    10.99% - 17.99% Fixed
    2.25% (min. ₹1499 + applicable tax) One time fee
    20L Max
    1-5 Years
    Response Time Within 30 minutes
    Rs.1,000 Amazon voucher free Paperless approval option available
    What you'll love
    Documents
    Perks
    Think about
    Fees & Charges
    Good to Know
    Eligibility Criteria
    Customer Reviews
    12% - 18% Fixed
    Up to 1.5% One time fee
    15L Max
    1-5 years
    Response Time Within 30 minutes
    Rs.1,000 Amazon voucher free INSTANT DECISION
    What you'll love
    Documents
    Perks
    Think about
    Fees & Charges
    Good to Know
    Eligibility Criteria
    Customer Reviews
    12% - 19% Fixed
    Up to ₹3000 One time fee
    25L Max
    1-5 years
    Response Time Within 30 minutes
    Rs.1,000 Amazon voucher free Paperless approval option available
    What you'll love
    Documents
    Perks
    Think about
    Fees & Charges
    Good to Know
    Eligibility Criteria
    Customer Reviews
    10.70% - 11.70% Floating
    0.5% One time fee
    50 K - 10 L
    1-5 Years
    Response Time Within 30 minutes
    Guarantor Required Paperless approval option available
    What you'll love
    Documents
    Perks
    Think about
    Fees & Charges
    Good to Know
    Eligibility Criteria
    14% - 33% Fixed
    1.5% to 6.0% One time fee
    15L Max
    1-4 Years
    Response Time Within 30 minutes
    Paperless approval option available
    What you'll love
    Documents
    Perks
    Think about
    Fees & Charges
    Good to Know
    Eligibility Criteria
    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
    11.75% - 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
     Loading your search... Loading your search...
  • Vadodara Personal Loan Reviews

    • Bank Bazaar Customer Support
      "Very very good"
      0.5 5.0/5 "Blown Away!"
      I had a great experience , I received a call from your side with your nice warm welcoming words,,, it's great experience in my life. I am very happy for the same... i hope you would be giving this type of services for a long time,, very great work , Keep it up!!!
      Was this review helpful? 1
      , vadodara
      Reviewed on Jul 10, 2017
    • HDFC Bank Personal Loan
      "Dissatisfied"
      0.5 1.0/5 "Really Bad"
      I have approached HDFC Bank for a personal loan and the process to get the loan was a kind of okay. The disbursement happened on time and it happened within one week. The interest rate is 18% which is very way high and processing charges was 2%. To be frank I did not like their services I have told them to start my EMI, on the 3rd day after my salary date they said yes, but no use of telling they have mention the first day of the salary later called customer care for the help they said straight away "it cannot be changed'', Because of this 'll get hit in cibil as there was a cheque bounce.
      Was this review helpful? 0
      , vadodara
      Reviewed on Jul 10, 2017
    • Bank Bazaar Customer Support
      "Excellent Service"
      0.5 5.0/5 "Blown Away!"
      The services at Bankbazaar has been good and the overall experience is smooth. I received a proper response from them and they continued to help me through the process. The website is good and user friendly and informative.I have already known bankbazaar I have helped my Friend to get a loan
      Was this review helpful? 0
      , vadodara
      Reviewed on Jul 10, 2017
    • Kotak Personal Loan
      "Not satisfied"
      0.5 2.0/5 "Expected more"
      I approached kotak mahindra bank for the personal loan They contacted me and informed me the details and checked about my requirement then they have arranges executive to collect my documents after collecting third day they are saying salary criteria is not matching your loan cannot be processed.
      Was this review helpful? 0
      , vadodara
      Reviewed on Jul 10, 2017
    • Bank Bazaar Customer Support
      "Excellent Service"
      0.5 5.0/5 "Blown Away!"
      The bank bazaar is really good. Several times I have visited with bank bazaar portal which gives very good comparison with different partner banks . There customer service have helped me a lot to get in touch with the partner bank. The bank bazaar web site is easy to use and user friendly. The bank bazaar service has satisfied me.
      Was this review helpful? 0
      , vadodara
      Reviewed on Jun 14, 2017
    • Standard Chartered Bank Personal Loan
      "Average Service"
      0.5 3.0/5 "Satisfactory"
      My personal loan application through the financial channel partner is very good and fast process. The documentation is very good because they came and collected my documents on time but the disbursal process is very bad with SCB , after the documentation process it took around 2 weeks to disburse my loan which is longer than normal .They have promised me within 2 days they can disburse the loan , what they have done with my personal loan is really embarrassing with SCB. The rate of interest is nominal with SCB.
      Was this review helpful? 0
      , vadodara
      Reviewed on Jun 14, 2017
    • HDFC Bank Personal Loan
      "Good experience"
      0.5 4.0/5 "Great!"
      I have closed the personal loan with the HDFC bank , I had been a customer with them from the last seven years of time. The interest rate offered was around 18%, which was really high and the loan amount got disbursed on immediate basis. Response was good one with the HDFC bank. I request them to reduce the rate of interest.
      Was this review helpful? 0
      , vadodara
      Reviewed on Jun 13, 2017
    • Bank Bazaar Customer Support
      "Customer friendly"
      0.5 4.0/5 "Great!"
      This is the first time experience with the Bankbazaar.com, also the information are really helpful for me and the online portal is okay for me and I got the things , which I really expected related to my financial query on that time. I am happy with Bankbazaar.com.
      Was this review helpful? 0
      , vadodara
      Reviewed on Jun 13, 2017
    • Standard Chartered Bank Personal Loan
      "Customer oriented "
      0.5 3.5/5 "Pretty good"
      I got the personal loan with the Standard Chartered bank was around 14% to 15%, which was okay for me and the interest rate was lesser one . It took around two weeks of time to get the disbursement from Standard chartered bank. Processing charges were nil with them.
      Was this review helpful? 0
      , vadodara
      Reviewed on Jun 13, 2017
    • Bank Bazaar Customer Support
      "Helpful Service"
      0.5 5.0/5 "Blown Away!"
      I would like to give the best ratings for bankbazaar. I am happy with their services. They delivered too fast service for my personal loan process and I received timely response from them. I never had any issues with bankbazaar during the process.
      Was this review helpful? 0
      , vadodara
      Reviewed on Jun 03, 2017
    • Capital First Personal Loan
      "Better Service"
      0.5 3.0/5 "Satisfactory"
      I preferred Capital First for the personal loan. They contacted me on the application and provided the information about the loan. Suddenly they contacted me and said that due to salary constrains, they were unable to process my personal loan.
      Was this review helpful? 1
      , vadodara
      Reviewed on Jun 03, 2017
    • Bank Bazaar Customer Support
      "The website is good"
      0.5 4.0/5 "Great!"
      I submitted my personal loan application on bankbazaar website. On the website, they suggested the bank to approach for the loan. There are no difficulties in handling the web portal. My application has been forwarded to the bank without any delay from bankbazaar.
      Was this review helpful? 0
      , vadodara
      Reviewed on Jun 01, 2017
    • ICICI Bank Personal Loan
      "Hassles free service"
      0.5 4.0/5 "Great!"
      Personal loan process was very smooth with ICICI bank. They had completed the process within 3 to 4 working days of time. Such a fast service I received from ICICI bank. They quoted the interest rate as per the company policy but it can be reduced it further even the Documentation process is very simple.
      Was this review helpful? 0
      , vadodara
      Reviewed on Jun 01, 2017
    • Capital First Personal Loan
      "Very Delayed "
      0.5 2.0/5 "Expected more"
      I was awaiting for the response from Capital First on my personal loan application, my loan has been approved and got disbursed by ICICI bank. Capital first delayed in response. They contacted me after 15 days when I submitted the loan application.
      Was this review helpful? 0
      , vadodara
      Reviewed on Jun 01, 2017
    • Bank Bazaar Customer Support
      "Good. Can do better "
      0.5 3.0/5 "Satisfactory"
      The response from Bankbazaar was on time. The process for the paper less loan could be more flexible. It would be better if the documents are collected physically, instead of having the customer submit his credentials online for the bank statements. The second thing is the details of the bank should match with the details on the website and since the customer is applying for a loan through this channel it would be nice if they take the responsibility to know the reason of declination from the bank and inform the customer.
      Was this review helpful? 0
      , vadodara
      Reviewed on May 24, 2017
    • Oriental Bank of Commerce Personal Loan
      "Could have more clarity in the services"
      0.5 3.0/5 "Satisfactory"
      When I applied for a personal loan with Oriental Bank of Commerce, the bank did not proceed ahead though my documentation was perfect. They collected all my papers and started the process and finally declined the loan without giving me a proper reason for it. The had a good deal on the interest rate and fee.
      Was this review helpful? 0
      , vadodara
      Reviewed on May 24, 2017
    • Bank Bazaar Customer Support
      "Excellent services"
      0.5 5.0/5 "Blown Away!"
      I got the best of services from Bankbazaar and the response was excellent from them. It was prompt and there were no issues in getting any details of the banks. The website was self explanatory and the comparison options was useful as well to choose the best bank.
      Was this review helpful? 0
      , vadodara
      Reviewed on May 23, 2017
    • ICICI Bank Personal Loan
      "Could be more clear in details"
      0.5 4.0/5 "Great!"
      I could not proceed for the personal loan with ICICI Bank and there was no clarity in the documentation and I was not informed the exact reason as to why my application was closed. The rate of interest and processing charges was normal when compared to other banks.
      Was this review helpful? 0
      , vadodara
      Reviewed on May 23, 2017
    • Bank Bazaar Customer Support
      "Good experience "
      0.5 4.0/5 "Great!"
      I am happy with the services I received from Bankbazaar.com, as they were very much immediate in contacting me and giving me the details. The also were on time with the follow up calls and overall I had no issues at all. The process of registration was also simple.
      Was this review helpful? 0
      , vadodara
      Reviewed on May 22, 2017
    • ICICI Bank Personal Loan
      "Overall good"
      0.5 3.5/5 "Pretty good"
      After me applying for a personal loan with ICICI Bank. I was contacted once and later I was informed that the loan could not be processed due to salary norms. My salary was of 20K and the bank has a criteria of 25K. I was comfortable with the interest rate and charges.
      Was this review helpful? 0
      , vadodara
      Reviewed on May 22, 2017
    Common Loader Icon

    Vadodara Personal Loan is Rated as "Great!" by 441 Users

    Fees & Charges

    Promised Interest Rate

    Customer Service

    Responsiveness

    Personal Loan BYTES FROM OUR KITCHEN

    Vadodara or Baroda is an important city in Gujarat, the Indian state. It is situated towards the south-east corner of Ahmedabad - another significant metropolis in the state.It is the 20th largest city in India and the 3rd biggest city in Gujarat. Due to its rich cultural heritage, Vadodara is also popularly known as the “Sanskrit Nagar” or the “Kala Nagari”.Vadodara’s economy is mostly focused on compounds & fertilizers, medicines, fisheries, fiber weaves, dairy and machine gears. Some significant crops harvested in Vadodara are rice, wheat, grams, yellow peas, yarn and sugarcane. More than 120 public schools and 100 odd private schools exist in Vadodara and it also houses many important educational institutes of the nation.

    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 Vadodara Personal Loan if you are

    01
    02
    03
    04
    Vadodara Personal Loan Minimum Age

    At least 21 years old

    Vadodara Personal Loan Maximum Age

    Less than 65 years old

    Vadodara Personal Loan Eligible Employment Type

    Salaried / Self – Employed
    with regular income

    Vadodara Personal Loan Minimum Income

    Earn more than the minimum
    income required


    Your Vadodara Personal Loan amount eligibility is based on these factors

    01
    02
    03
    Vadodara Personal Loan Minimum Salary

    Minimum income required
    Rs.17,500 per month

    Vadodara Personal Loan Maximum Loan Funded

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

    Vadodara Personal Loan EMI

    EMIs of other loans lower
    your eligibility


    Increase your eligible Vadodara Personal Loan amount by these steps

    01
    02
    Vadodara Personal Loan Payoff Outstanding Credit Card Bills

    Pay off your credit card bills

    “Vadodara

    Choose longer tenure loan up to 5 years


    Documentation needed to apply for an Vadodara 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

    Vadodara Personal Loan Interest RatesUpdated on 16 Aug 2017

    Vadodara 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 Vadodara

    Vadodara is formerly known as the Cultural Capital of Gujarat follows Ahmedabad and Surat as Gujarat's third largest city located in Western India. The city is located 139 kilometres from Gandhinagar, which is the state capital. The population of Vadodara stood at more than 22 lakh people as of the year 2011. A large number of the population that resides in Vadodara form a part of the salaried class of individuals, and as a result of this, they tend to take opt to apply for personal loans to help meet their financial requirements which otherwise be difficult to afford using their savings and salaries. The most common reasons why people of Vadodara avail personal loans from banks include purchase of a vehicle, home renovation, to finance a wedding and other ceremonies, travel, etc. There is a plethora of reasons why people would want to avail a personal loan and due to an individual's nature for possessing credit, personal loans have grown to become a popular financial product that is available in the city.

    Personal Loans Offered by various Banks in Vadodara

    There is a large number of public and private banking sectors and non-banking institutions that offer personal loans at attractive interest rates to individuals who are seeking a helping hand with their finances. Some of the leading banks in Vadodara include Tata Capital, Citibank, Aditya Birla, Canara Bank, Standard Chartered, IDBI Bank, IndusInd Fullerton, Capital First, Kotak Mahindra, Dena Bank, HDFC Bank, Karur Vysya, Indian Overseas Bank, Oriental Bank, IDBI Bank, , South Indian Bank, UCO Bank, Vijaya Bank, ICICI Bank, Central Bank, Allahabad Bank, Bank of India, Indian Bank, Vijaya Bank, Union Bank, Yes Bank, etc. You can reach out to any of the banking institutions mentioned above if you are seeking a personal loan in Vadodara. These are reputed institutions that will offer the most attractive and best terms and conditions.

    How to Get a Personal Loan with the Lowest Interest Rate in Vadodara

    There are a few important factors that we need to consider when applying for a personal loan so that you are eligible for competitive interest rates. The interest rate that you are eligible for is dependent on the lender from whom you receive the capital amount. The first major step that you will have to follow is determine your creditworthiness. This can be done by visiting the official website of a Credit Information Company. These companies give you an accurate score which plays a major factor in having your loan amount sanctioned.

    A good credit score can not only make it easier to acquire a loan amount, but will also provide a number of affordable interest options along with your loan. Credit scores that range from 750 and above is termed as a good score and this makes it considerably easier for you to have a higher loan amount sanctioned to you and at a lower interest rate. It is instrumental that you carefully draft and assess what your financial requirements are going to be so that you don't apply for a loan amount that you do not actually require as you would then have to pay a lot more in interest. Similarly, applying for a loan amount that falls short of fulfilling your financial requirements would mean that you would be forced into applying for another loan to make sure that your needs are met. Therefore, it is very important to make sure that you assess your financial needs to make sure that you do not lose any money by making extra payments as interest.

    Personal Loan Interest Rates in Vadodara 2017

    There are a number of public and private sector banks in Vadodara that offer a plethora of options when it comes to personal loans to its residents. Listed below are the interest rates that is offered by various banks located in Vadodara:

    Bank Interest Rate
    Citibank 10.99% to 15.99% (Fixed)
    Standard Chartered 11.25% to 14.49% (Fixed)
    Capital First 12% to 18% (Fixed)
    Oriental Bank 10.85% to 11.85% (Floating)
    Tata Capital 11.99% to 19.50% (Fixed)
    ICICI Bank 11.59% to 18.49% (Fixed)
    HDFC Bank 10.99% to 19.8% (Fixed)
    HDBFS 13.99% TO 16.99% (Fixed)
    IndusInd Bank 11.99% to 19% (Fixed)
    Kotak Business Loan 12.99% to 14.50% (Fixed)
    Kotak Mahindra 11.49% to 20.15% (Fixed)
    Aditya Birla 11.5% to 13.25% (Fixed)
    HDBFS-Business Loan 15.95% to 18.95% (Fixed)
    Fullerton 17.25% to 37% (Fixed)
    Bank of India 13% to 14% (Fixed)
    Allahabad Bank 13.10% (Fixed)
    Dena Bank 13% to 14% (Fixed)
    Bank of Maharashtra 12.75% (Fixed)
    Bank of Baroda 11.35% to 14.35% (Fixed)
    Canara Bank 12.75% (Floating)
    Central Bank 11.4% (Floating)
    Indian Bank 12.65% to 13.65% (Floating)
    IDBI Bank 12.20% (Floating)
    South Indian Bank 13% (Fixed)
    Indian Overseas Bank 13.65% (Fixed)
    Union Bank 14.4% (Floating)
    Karur Vysya 13.35% to 15.85% (Floating)
    State Bank of India 12.90% to 14.90% (Fixed)
    Tamilnad Mercantile Bank 14.30% to 16.30% (Floating)
    UCO Bank 11.35% to 11.60% (Fixed)
    Yes Bank 14% (Fixed)
    Vijaya Bank 13.50% (Fixed)

    Salary Requirements to avail Personal Loans in Vadodara

    A lender has a set of requirements that need to be met by potential borrowers if they want to loan sanctioned. Applicants who want to apply for a loan have to either be self-employed or salaried individuals and they must provide ample proof of their salary or income to the bank or lender. This is done to ascertain the legitimacy of the applicant’s capability to repay the loan. Salaried employees have to draw a minimum of Rs.10,000 a month to be eligible for a personal loan that comes with full check-off and Rs.15,000 a month for a personal loan that comes with partial/no check-off. Self-employed individuals are required to draw a minimum monthly salary of Rs.20,000 if they are to avail a loan from the bank. These requirements vary with each bank. You can visit the official website of the bank of your choice to check the salary requirement to have a personal loan sanctioned by the bank.

    Vadodara Personal Loan FAQ’s

    1. How long does a bank take to approve an application for a personal loan?

      The time taken by a bank to approve an application submitted for a personal loan varies from bank to bank. There are some bank that approve applications for a personal loan within 48 hours while there are others banks that take at least a week. On average, a bank can take 6-7 working days to approve a loan. Make sure that your documents are in order to help speed up the loan approval process.

    2. Are there any additional charges that are associated with a personal loan?

      Yes, there are. Most banks in Vadodara charge a small processing fee that ranges anywhere between 2% and 2.5% of the loan amount that you intend on borrowing. This fee is generally deducted from the loan amount that is disbursed to you.

    3. How do I repay my personal loan from Bank of Baroda?

      The repayment of a personal loan that is applied and sanctioned to residents in Vadodara can be easily made through EMIs using post-dated cheques in favour of the bank that sanctioned the loan. Another way you can repay a loan is by linking your loan to your debit account. The amount will get deducted automatically every month.

    4. If I miss an EMI payment, what are the charges levied for the same?

      You will have to pay an amount that amounts to 2% of the loan amount that has been sanctioned. This is charged as a penalty fee for missing a due date on their personal loan.

    5. What is the maximum amount of money that I can borrow through a personal loan?

      This is entirely dependent on the lender. The lender will determine your capability to repay a loan by considering various factors like credit score, annual salary, etc. Loans to the tune of Rs.5 lakh is sanctioned by most banks in the Vadodara area.


  • reTH65gcmBgCJ7k
    This Page is BLOCKED as it is using Iframes.