Best Personal Loans in Bopal, Ahmedabad
Bopal, a city in Ahmedabad which was under the Gram Panchayat till February 2015, has now given the ‘municipality status’. Bopal has seen a surge in infrastructure development in the recent 5 to 7 years. This can be attributed to the connectivity via SP road which sees heavy traffic especially during peak office hours. This area is soon expected to be a prime residential locality because of the proximity to the business locality of Prahaladnagar. This has area has multiple education institutions such as Shivashish School, M.A Patel and so on. The Umari Mutt temple and the Sarkari Tubewell are the two famous landmarks in Bopal
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.