Allahabad Personal Loan are given by most major banks and financial institutions to individuals without asking for the requirement or need in Allahabad. They are unsecured loans given from Rs. 50,000 to Rs. 40,00,000 which means that you need not mortgage anything or show an asset. Some reasons for availing a Personal Loan in Allahabad include medical needs, travel, home renovation, wedding, good purchases and so on. Other reasons for which a loan can be availed is to get a top-up loan, balance transfer or debt consolidation.
If you need a Personal Loan in Allahabad, you must have a good credit history and adequate salary to get your personal loan sanctioned with a Bank or an NBFC in Allahabad. Other factors like years of employment, company you work for etc will determine the most important factors like amount, tenure and rate of interest. Some of the banks in Allahabad give you the flexibility to pre-close the loan without any additional charges. Most banks have a pre-closure charge in the 4%-5% range.
Allahabad is one of the oldest cities in India situated in the northern Indian state of Uttar Pradesh. It is the administrative capial of the state and has played a significant role in the history of the state as well as the country. The city is also known by its ancient name of Prayag and was also renamed as Illahabad during Mughal times. The city lies on the confluence of the Ganga, Jamuna and Sawaswaty rives giving it a special place of respect in the Hindu religion. It is one of the most populous regions in the state of UP and is administratively divided into 80 wards each governed by an elected representative. The economy of the city is mostly led y agriculture with a fertile gangetic plain lying around the city. Other industries in the city include real estate, banking, tourism and a host of small scale units in the glass and wire manufactuing sector. Being the seat of power in Uttar Pradesh, the city also hosts a lot of beaureaucratic offices providing employment to a lot of people. Some of the other major employers in Allahabad include companies like Reliance, Alstom. SAIL, BPCL, HCL among others. The educational apparatus in the city is vast with a long history including the Allahabad University, one of the oldest in India. Other notable institutions in the city include Motilal Nehru National Institute of Technology, Ewing Christian college, IERT etc. The major attracton for tourism and one which gathers lakhs of visitors to Allahabad is the Kumbh Mela, a sacred rite for Hindus across the world. Other places to visit in Allahabad include the Alfred park, the Victoria and Thornhill Memorials, Allahabad fort, Ashoka pillar among others.
All the major banks and NBFCs in the country have a network in Allahabad through their many branches. They offer personal loans in Allahabad along with a lot of other services relating to banking, investment, wealth management and advisory services. The banks have branches across the city which operate and cater to the needs of people at various locations in the city. All banks offer doorstep service for document collection for loan applications.
Apply for personal loan online in Allahabad through us and get access to various deals and offers from different banks and NBFCs when they are available. If you want to know how to get a personal loan in Allahabad then call us on our number or fill in your details on our simple form. We will log your request and compare you details against the eligibility criteria of different banks and NBFCs to get you the best deal for personal loan in Allahabad. You can also get Instant personal loan online approval in Allahabad if your details match the ideal specifications of a bank/NBFC. With more and more personal loan agents in Allahabad, it can be rather confusing to find out which deal matches your exact requirement. We help you do this through our interactive service which helps you compare and get the lowest interest rates for personal loan in Allahabad. The entire service is delivered at your comfort with documents collected from your home, office or suitable location. Gain more information on our site of topics like EMI, eligibility, interest rates, credit score and other areas. Check your eligibility through our various calculators and get the best deal for personal loan in Allahabad. We do not charge you for our services and you will be advised every step of the way from application to disbursal for free.
If you are looking to find out which bank is best for personal loan in Allahabad then click on the apply online link and feed in your eligibility. Based on the factors we will present the banks which provide the best deal for your requirement. There are no set criteria for which bank is best for personal loan in Allahabad as the basis of getting a low interest rate depends entirely on your eligibility. The banks will look at your CIBIL Score, employment, salary and other factors before advancing you a loan. In cases where you do not have a credit score and need a personal loan in Allahabad without CIBIL check, you can approach private and individual lenders through this platform. We provide a platform that aggregated various types and categories of lenders to suit each requirement.
Eligibility Criteria for Personal Loan in Allahabad
Age of the applicant should be between 21-60 Years
Salaried individual with minimum income of Rs 15,000. Salary bracket would again depend on the city you live in and the company you work for. Eg. If you are in a Metro the salary requirement will be higher than non-metro and again if you are working in a top MNC the salary requirement would be lesser than one working with a startup.
Should be staying in the city for at least 1 Year
Total work experience should be at least 2 Years
You would require basic documentation such as your address proof, identity proof, latest bank statements etc
Be informed of the different ways your Personal Loan Rate of Interest in Allahabad is calculated so that you take the right decision when it comes to choosing your loan at the lowest interest rates. Apply below to get started and to know the offers that are available on your Personal Loan in Oct 2016
Find out your customized interest rate for a Personal Loan in Allahabad?
NEW KATRA, 1ST FLOOR, NEAR CARPENTARY SCHOOL, ALLAHABAD, DISTT.ALLAHABAD. UTTAR PRADESH-211002
STATE BANK OF INDIA
S.P.MARG, ALLAHABAD BRANCH
L D A CENTRE,2 S P MARG,CIVIL LINES,
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We have greatly simplified your Personal Loan search in Allahabad and will help you get it in four simple steps,
Start your Personal loan search by using our simple natural language form. Trust us, it takes only 37 seconds to complete!
Your information is then passed through our proprietary eligibility algorithm to tell you the different banks and NBFCs in Allahabad who can lend to you.
After you choose a particular option that seems best to you, we call you and help you with the complete documentation.
The bank/partner in Allahabad will then collect all your documents and start processing your loan. We will notify you when your documents are approved and when your personal loan is ready to be sanctioned.
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