Best Personal Loans in Guduvancheri, Chennai
Guduvancheri also known as Kooduvancheri is the capital city of Tamilnadu state. It has quite a few water bodies around the area which makes it famous residential area. Guduvancheri is one of the fastest growing areas with the National highway 45 connecting the southern to western part of tamilnadu. All the major banks have their branches in this area and its home for several Educational institutions and temples.
Personal loans in Chennai 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 Chennai 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 Chennai such as HDFC Bank, ICICI Bank, Kotak bank, Axis bank and so one. There are also multiple NBFC’s in Chennai such as Bajaj Finserv, Fullerton, Tata Capital, etc which offer unsecured personal loans.