Best Personal Loans in Ambawadi, Ahmedabad
Ambawadi, situated about 8 kms from the Railway Station is in the western part of Ahmedabad. It is very close to the renowned business school i.e. Indian Institute of Management, Ahmedabad. This is famous for the Ambawadi Shaak Bazaar where one can get fresh vegetables at a very low cost. Central Mall in Ambawadi is major Landmark which has been around for couple of years. The Parimal garden is a major tourist attractions which gets crowded in the evenings and weekends. Havmor, Abhilasha, City Corner, etc are some of the famous restaurants in this Ambawadi.
Personal loans in Ahmedabad are given by most major banks and financial institutions to individuals without asking for the requirement or need. 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. The most common reason for taking a loan is debt consolidation. Some of the other reasons include medical, travel, home renovation, wedding and so on.
You need to have a good credit history and adequate salary to get a loan sanctioned. 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 Ahmedabad 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.
There are multiple banks which offer a personal loan in Ahmedabad such as HDFC Bank, ICICI Bank, Kotak bank, Axis bank and so one. There are also multiple NBFC’s in Ahmedabad such as Bajaj Finserv, Fullerton, Tata Capital, etc which offer unsecured personal loans.