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

    We found 32 Varanasi 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
    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 available
    What you'll love
    Documents
    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
    Documents
    Perks
    Think about
    Fees & Charges
    Good to Know
    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
    What you'll love
    Documents
    Perks
    Fees & Charges
    Good to Know
    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
    Documents
    Perks
    Think about
    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
    What you'll love
    Documents
    Perks
    Think about
    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
    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 available
    What you'll love
    Documents
    Perks
    Think about
    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
    Fees & Charges
    Good to Know
    Eligibility Criteria
    Customer Reviews
     Loading your search... Loading your search...
  • Varanasi Personal Loan is Rated as "Great!" by 94 Users

    Fees & Charges

    Promised Interest Rate

    Customer Service

    Responsiveness

    Personal Loan BYTES FROM OUR KITCHEN

    Varanasi Personal Loan

    Varanasi is the one of the oldest cities in the country and world which is constantly inhabited by people.Varanasi is known for its Panchakarma and authentic ayurvedic treatment. There are a large number of ayurvedic treatment centers and clinics in the city.Varanasi is home to a number of beautiful temples. The Kashi Vishwanath Temple is one of the most significant temples in the city. It is visited by millions of people from all over the world every year.The Banaras Hindu University which is situated in the city is known to be the largest residential universities in entire Asia. As the city is visited by millions of people every year, tourism has led to the economic development of the state. Some of the other industries in the city are manufacturers of heavy equipment, copperware, brassware, handicrafts, gold jewelry, rugs, carpets, clay toys and so forth.

    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 Varanasi Personal Loan if you are

    01
    02
    03
    04
    Varanasi Personal Loan Minimum Age

    At least 21 years old

    Varanasi Personal Loan Maximum Age

    Less than 65 years old

    Varanasi Personal Loan Eligible Employment Type

    Salaried / Self – Employed
    with regular income

    Varanasi Personal Loan Minimum Income

    Earn more than the minimum
    income required


    Your Varanasi Personal Loan amount eligibility is based on these factors

    01
    02
    03
    Varanasi Personal Loan Minimum Salary

    Minimum income required
    Rs.17,500 per month

    Varanasi Personal Loan Maximum Loan Funded

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

    Varanasi Personal Loan EMI

    EMIs of other loans lower
    your eligibility


    Increase your eligible Varanasi Personal Loan amount by these steps

    01
    02
    Varanasi Personal Loan Payoff Outstanding Credit Card Bills

    Pay off your credit card bills

    “Varanasi

    Choose longer tenure loan up to 5 years


    Documentation needed to apply for an Varanasi 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

    Varanasi Personal Loan Interest RatesUpdated on 13 Dec 2017

    Varanasi 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 Varanasi

    A city on the banks of the Ganges, Varanasi is a religious hub that is located in Uttar Pradesh. Varanasi has a number of banks that aid the people residing within the city to help them meet their needs and requirements. People in Varanasi apply for personal loans for a number of reasons like renovating your home, marriage in the family or other family functions, purchase of a vehicle or home appliances, medical emergency, etc. A personal loan can be a lifesaver in times of troubles of emergencies. There are a number of personal loan products, like secured and unsecured loans, that are offered by banks in Varanasi. Getting a personal loan is Varanasi is easy and hassle-free.

    Personal Loans Offered by Various Banks in Varanasi

    There are a number of leading banks and NBFCs that offer personal loans to customers who are located all over Varanasi. In addition to providing personal credit, these banks also offer a number of different banking facilities like investment advice, net banking, asset management, and other forms of commercial lending. Listed below are a few of the prominent banks that provide personal loans and operate out of Varanasi:

    • Standard Chartered
    • Citibank
    • HDFC Bank
    • ICICI Bank
    • Kotak Mahindra

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

    When an individual applies for a personal loan, there are certain important factor that need to be considered. You will have to take your time and research on a personal loan that is offered at a good interest rate in Varanasi. This interest rate is determined by the lender from whom you wish to borrow the sum of money. An important step to follow is to make sure that you check your credit score before you apply for a personal loan. A credit score of 750 and above is considered to be good and this credit score will help you get a loan at a better interest rate. The interest rate offered by the financial institution that you approach is directly proportional to your credit score which means that a high credit score will avail a lower interest rate and vice-versa.

    Another thing to keep in mind when you are applying for a personal loan is to make sure that you assess your financial requirements before you apply for a personal loan. If you end up borrowing a high amount that you don’t really need, you will have to pay extra money to the bank as interest. Similarly, if you borrow a lower sum, you will end up taking another personal loan to meet your needs which means you will have to pay an interest on another loan amount.

    Personal Loan Interest Rates in Varanasi 2017

    Varanasi has a number of major public and private sector banking institutions that offer personal loans to the residents of Varanasi. Listed below are some of the banks in Varanasi and their interest rates:

    Bank Processing Fee Interest Rate Loan Amount Tenure
    Capital First Up to 1.5% (OTF*) 12%-18% (Fixed) Rs.15 lakhs 1-5 years
    HDBFS 1%-2% (OTF) 13.99%-16.99% Rs.30 lakhs 1-5 years
    Standard Chartered Nil 10.99%-14.49% Rs.30 lakhs 1-5 years
    TATA Capital Nil 11.99%-19.50% Rs.20 lakhs 1-6 years
    ICICI Bank 2.25% (Min. Rs.1,149) 11%-17.99% Rs.20 lakhs 1-5 years
    Citibank 1% to 2.5% 11.49%-15.99% (Fixed) Rs.30 lakhs 1-5 years
    IndusInd Bank Up to Rs.3,000 (OTF) 11.99%-19% (Fixed) Rs.25 lakhs 1-5 years
    HDFC Bank Up to 2.5% (OTF) 10.99%-19.8% (Fixed) Rs.25 lakhs 1-5 years
    Oriental Bank 0.5% (OTF) 10.85%-11.85% Rs.50,000-Rs.10 lakhs 1-5 years
    Aditya Birla Nil 11.5% to 13.25% (Fixed) Rs.30 lakhs 1-5 years
    HDBFS Business Loan 2% (OTF) 15.95%-18.95% (Fixed) Rs.20 lakhs 1-3 years
    Kotak Mahindra Up to 2% 11.49% - 20.15%Fixed Rs.15 lakhs 1-5 years
    Fullerton 1.5% to 6% (OTF) 17.25% to 37% (Fixed) Rs.15 lakhs 1-4 years
    Allahabad Bank 1.22% (Min. Rs.1,228) 13.10% (Fixed) Rs.50,000 to Rs.7.5 lakhs 1-5 years
    Bank of Baroda 1% (Min. Rs.1,000) OTF 11.35%-14.35% (Fixed) Rs.20,000 to Rs.2 lakhs 4 years
    BOM 1% (Min. Rs.1,000) 12.75% (Fixed) Rs.1.5 lakhs 1-3 years
    Bank of India Rs.1,000 to Rs.10,000 (Service Tax not included) 13%-14% (Fixed) Rs.10,000-Rs.5 lakhs 1-3 years
    Canara Bank Rs.1,000 to Rs.5,000 (OTF) 12.75% (Floating) Rs.3 lakhs 5 years
    Central Bank Rs.500 (OTF) 11.4% (Floating) Rs.10 lakhs 4 years
    Indian Bank Rs.508 to 0.508% (OTF) 12.65% to 13.65% (Floating) Rs.50,000 Max. 3 years
    Dena Bank 1% (OTF) 13%-14% (Fixed) Rs.15,000 to Rs.1 lakh 1-3 years
    IDBI Bank 1%+S.T. (OTF) 12.20% (Floating) Rs.50,000 to Rs.10 lakhs 1-5 years
    IOB 1.01% to 1.10% (OTF) 13.65% (Fixed) Rs.1 lakhs to Rs.15 lakhs 1-5 years
    South Indian Bank 0.50% (OTF) 13% (Fixed) Rs.3 lakhs 1-4 years
    Karur Vysya 0.4% (OTF) 13.35% to 15.85% Rs.1 crore Max. 1-3 years
    SBI 1% (OTF) 12.90% to 14.90% Rs.24,000 to Rs.15 lakhs 5 years
    Vijaya Bank Nil 13.50% (Fixed) Rs.10 lakhs 1-5 years
    Yes Bank Up to 2% (OTF) 14% (Fixed) Rs.20 lakhs 1-5 years
    Union Bank 0.5% (Min. Rs.500) OTF 14.4% (Floating) Rs.5 lakhs Max. 1-5 years
    Tamilnad Mercantile 1% (OTF) 14.30% to 16.30% (Floating) Rs.2 lakhs Max. 1-5 years
    UCO Bank 1% (Min. Rs.750) OTF 11.35% to 11.60% (Fixed) Rs.10 lakhs 5 years

    *OTF – One Time Fee

    Salary Requirements to Avail Personal Loans in Varanasi

    When a bank or NBFC receives an application for a personal loan, there are a few factors that they consider before sanctioning the loan. One of these factors is the individual’s salary. The financial institution needs to be certain that the individual can repay the amount. Some of the requirements that need to be met to avail a personal loan are listed below:

    • A salaried individual should have a minimum monthly income of Rs.15,000. This minimum requirement will vary from one bank to another.
    • Applicants will be required to submit a couple of documents like bank statements, address proof, identity proof, etc.
    • The age of the applicant should be anywhere between 21 years and 60 years.
    • The applicant should have resided in Varanasi for a minimum of 1 year.
    • The applicant should is required to have a minimum work experience of 2 years.

    Varanasi Personal Loan FAQs

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

      The time taken for an application to get approved will vary from bank to bank. There are banks that approve an application for a loan within a week and there are some that take 48 hours to do so. A personal loan application generally takes two to seven working days to get approved.

    2. How is a personal loan repaid?

      The repayment of a personal loan can be done in the form of Equated Monthly Instalments (EMIs) made through post-dated cheques in favour of the bank that has sanctioned the loan to you. The amount can get deducted automatically if you have linked your debit account to the loan from where you have taken the loan and also where you hold a savings account.

    3. Are there any additional charges associated with a personal loan?

      Yes, there is. Most banks charge a processing fee that ranges from 0.5% to 2.5% of the amount that you wish to borrow, and the fee is generally deducted from the amount that is disbursed to you.

    4. What is the maximum amount that I can avail with a personal loan?

      The lender or the bank shall determine the limit that you can borrow when it comes to taking out a personal loan. There are a number of factors that are considered by the bank when determining the cap on the loan amount that they can disburse. Most banks offer a sum of Rs.25 lakhs to Rs.30 lakhs.

    5. Can I avail the balance transfer facility with my personal loan?

      This is entirely dependent on the bank from which you have borrowed the sum. There are some banks that offer the balance transfer facility if the borrower has made 12 or more EMIs. You can check with the bank if this facility is available at the time of applying for the loan.


    Varanasi Personal Loan Reviews

    • Bank Bazaar Personal Loan
      "Excellent service"
      0.5 5.0/5 "Blown Away!"
      I came to know about bankbazaar through google and i know bankbazaar.com from last 2 years. The services provided by bankbazaar is good when compared to other sources in the market. Customer service was good and they responded on time. The website of bankbazaar is easy to understand and navigate.
      Was this review helpful? 0
      , varanasi
      Reviewed on Dec 07, 2017
    • ICICI Bank Personal Loan
      "Good service"
      0.5 4.0/5 "Great!"
      I have applied for the personal loan from ICICI bank, my loan application was approved and the requested amount was disbursed. It was a good loan experience overall. The process was quite smooth, it took 1 week for the loan amount to get approved. Customer service was good and they responded on time, documents were collected door step and it was a good service from ICICI bank. The rate of interest of 17% was high when compared to other banks.
      Was this review helpful? 0
      , varanasi
      Reviewed on Dec 07, 2017
    • Bank Bazaar Personal Loan
      "Happy service"
      0.5 5.0/5 "Blown Away!"
      Bank Bazaar service is very good. The customer service and response was satisfactory. I am using the website for a long time but this year only I had taken my personal loan. Generally I used the website to look at the offers and to check my credit score. The website is very user friendly.
      Was this review helpful? 0
      , varanasi
      Reviewed on Nov 30, 2017
    • ICICI Bank Personal Loan
      "Dissatisfactory"
      0.5 3.5/5 "Pretty good"
      The personal loan with ICICI Bank was not satisfactory. They took more than 20 days for the disbursement. Still I didn't receive any paperwork from the bank. The customer service is not good, they need to improve the service. The documentation process was doorstep. The rate of interest was okay.
      Was this review helpful? 0
      , varanasi
      Reviewed on Nov 30, 2017
    • ICICI Bank Personal Loan
      "NOT HAPPY"
      0.5 1.0/5 "Really Bad"
      No one contacted me from the ICICI bank side . Customer service was not good . No Information was given to me regarding the loan process . The application number i received when i asked from the bank and they told me that they did not receive any application with this application number , by this you can understand how i feel about it .
      Was this review helpful? 0
      , varanasi
      Reviewed on Nov 27, 2017
    • SBI Personal Loan
      "Average service"
      0.5 2.5/5 "Just OK"
      My personal loan experience with SBI was average, i have taken loan for Rs 4.5 lakhs with the rate of interest of 12.25% which is less when compared to other banks. I pay an EMI for Rs 11000. The process was quite smooth, it took 10 days for the loan to get approved. I personally went to the bank to submit the document. Customer service from SBI was average and their response is bit delayed.
      Was this review helpful? 1
      , varanasi
      Reviewed on Nov 22, 2017
    • Bank Bazaar Personal Loan
      "Website is good"
      0.5 5.0/5 "Blown Away!"
      The services at Bankbazaar is excellent. As a mediator they are doing a good job and the experience was overall good. The website is also satisfactory and there are no hassles in using it. It is informative and very user friendly as well. The details are clear.
      Was this review helpful? 0
      , varanasi
      Reviewed on Nov 01, 2017
    • ICICI Bank Personal Loan
      "On time process"
      0.5 5.0/5 "Blown Away!"
      It was a good experience with ICICI Bank. I received my personal loan on time. The process was good and the disbursement was also as expected. The rate of interest was of 11.5% and the processing charges is also normal. The after loan services are smooth too.
      Was this review helpful? 0
      , varanasi
      Reviewed on Nov 01, 2017
    • Bank Bazaar Personal Loan
      "Good service "
      0.5 4.0/5 "Great!"
      Bank bazaar is the good financial platform to the customer.They get an opportunity to browse the details of the different banking products.I get the best options compared to other banks website.My kind suggestion to the bank bazaar is to be much fast and quick in responding.
      Was this review helpful? 0
      , varanasi
      Reviewed on Oct 28, 2017
    • ICICI Bank Personal Loan
      "Average service "
      0.5 5.0/5 "Blown Away!"
      I had applied for a personal loan with ICICI bank for an amount of 7.1 lakhs.Rate of interest is very high as compared to others,earlier they had promised me to give at 10.99%later they made it to 16% that was not convincing to be.Bank's approach was very casual,they don't seems to be responsible.They keep calling me number of times asking the same question near about 10 days.Overall its quite disappointing.
      Was this review helpful? 0
      , varanasi
      Reviewed on Oct 28, 2017
    • Bank Bazaar Personal Loan
      "Good website"
      0.5 4.0/5 "Great!"
      This has been my first experience with Bankbazaar.com and i can say that it has been a good experience. I received a proper response from them with immediate calls and also a good service as they provided me with all the information on the financial services.
      Was this review helpful? 0
      , varanasi
      Reviewed on Oct 24, 2017
    • ICICI Bank Personal Loan
      "Good service"
      0.5 4.0/5 "Great!"
      I had applied for a personal loan with ICICI Bank but did not proceed with the application as i no longer had a requirement for the funds. I would however like to say that the experience during the initial parts of the process was good. I had no concerns with the service and response from them
      Was this review helpful? 0
      , varanasi
      Reviewed on Oct 24, 2017
    • Bank Bazaar Personal Loan
      "BEST"
      0.5 5.0/5 "Blown Away!"
      THIS IS NICE SITE FOR VIEWING YOUR CREDIT SCORE AND APPLY FOR LOAN Bankbazaar.com really works in good and they have contacted me on stipulated time period. I came to know about it through internet search, also am really happy with them till now and I dont have much issues on it.
      Was this review helpful? 0
      , varanasi
      Reviewed on Oct 18, 2017
    • Bank Bazaar Personal Loan
      "Overall services are good"
      0.5 4.0/5 "Great!"
      It was good overall at Bankbazaar. There were no hiccups in the process. The website is good and very much useful. The team is also supportive and when ever I contacted them I got a proper response. There were updates provided as well. Overall good.
      Was this review helpful? 0
      , varanasi
      Reviewed on Sep 16, 2017
    • ICICI Bank Personal Loan
      "Services are good & high on ROI"
      0.5 5.0/5 "Blown Away!"
      I have taken a personal loan from ICICI Bank and I am happy with the services. The response was quick and the funds was disbursed without any delay. The rate of interest was very high, it was around 18% and the processing charges was of 2300. It was high as well.
      Was this review helpful? 0
      , varanasi
      Reviewed on Sep 16, 2017
    • Bajaj Finserv Personal Loan
      "Not bad"
      0.5 3.5/5 "Pretty good"
      Applying personal loan through Bajaj finances is good they have served well overall the repayment tenure time is between 6 months to one year which is good, it is comfortable and hassle free. Also they don't charge any processing fee and absolutely no hidden charges.
      Was this review helpful? 0
      , varanasi
      Reviewed on Sep 14, 2017
    • Bank Bazaar Personal Loan
      "Good experience"
      0.5 3.5/5 "Pretty good"
      Bankbazaar is a good platform where we could find all bank details at one place and customer service provided by them was good, it provides good guidance too, but I would suggest them to provide the information about hidden charges that different banks are charging so customers can decide based on that .
      Was this review helpful? 0
      , varanasi
      Reviewed on Sep 14, 2017
    • ICICI Bank Personal Loan
      "Its good"
      0.5 3.0/5 "Satisfactory"
      I have approached ICICI for my personal Loan where there is a problem with my permanent address location because I stay in one place and at present working at Newdelhi which is the reason and it is apt as all banks are interlinked to national banks and I found it okay .Their service is good i got all my queries clarified on time very easy accessible through online .Over all its good
      Was this review helpful? 0
      , varanasi
      Reviewed on Sep 14, 2017
    • HDFC Bank Personal Loan
      "Better"
      0.5 5.0/5 "Blown Away!"
      Rate of interest for the personal loan with the HDFC bank was around 14.2%. Customer service with the HDFC bank is really good, also the response is fine one. The loan amount got disbursed to my account within a week of time.
      Was this review helpful? 0
      , varanasi
      Reviewed on Aug 28, 2017
    • Bank Bazaar Personal Loan
      "Excellent "
      0.5 5.0/5 "Blown Away!"
      Bankbazaar.com is good one for me and am using it from the last four years of time. I would like to say that the website of the Bankbazaar.com is really easy to access and I have got the call on immediately basis from them on the date of inquiry.
      Was this review helpful? 0
      , varanasi
      Reviewed on Aug 28, 2017
    Common Loader Icon
  • reTH65gcmBgCJ7k
    This Page is BLOCKED as it is using Iframes.