Best Personal Loans in Gomti Nagar, Lucknow
Gomti Nagar is one of the newer suburbs of the city of Lucknow situated on the banks of the river Gomti. It is a bustling residential, commercial and industrial areas consisting of high end residential developments, a software technology park, offices of multi-national and government agencies. The area is also famous for the marine drive on the banks of the river which attracts a lot of visitors. The area contains offices of the Reserve Bank of India (RBI) and NABARD. The well-known development Sahara City is situated here as well as malls like The Wave, The Fun Republic, City Mall and Riverside Mall.
Personal loans in Lucknow 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 Lucknow 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 Lucknow such as HDFC Bank, ICICI Bank, Kotak bank, Axis bank and so one. There are also multiple NBFC’s in Lucknow such as Bajaj Finserv, Fullerton, Tata Capital, etc which offer unsecured personal loans.