Personal Loans are given by most major banks and financial institutions to individuals without asking for the requirement or need in Guwahati. 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 Guwahati 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 Guwahati, you must have a good credit history and adequate salary to get your personal loan sanctioned with a Bank or an NBFC in Guwahati. 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 Guwahati 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.
Guwahati is a historic city situated in the north east Indian state of Assam. It lies on the banks of the Brahmaputra river on the foothills of the Shillong plateau. The area also encompasses the city of Dispur which is the administrative capital of Assam. The modern city is divided administratively into 31 municipal wards with development happening all around. Guwahati is the hub for trade and commerce in the north east with the economy of the city driven by sectors such as oil, tea, tourism, pharma, electronics and textiles. The Guwahati refinery is one of the oldest refineries in India contributing substantially to the economy and employment in the city. Assam is a tea rich state and most of the processing and trade for this product happens through the city of Guwahati. The city also produces a lot of beautiful handloom and textiles which are exported to all parts of India. Education is an upcoming area and some of India's finest institutions like the IIT have been established in the city. Apart from this there are older institutions like the Cotton college, Assam Engineering College, Gauhati University, Gauhati Medical college etc which cater to the needs of students across the north east region. Tourism is a major sector and the city acts as a gateway to the entire north east region. The city itself has a lot of places for visitors including the famous Kamakhya temple, Umananda temple, Dipor Bil, Chandubi lake, Dighalipukhuri etc. Assam boasts of the famous Kaziranga National park which is famous as the hub for the asiatic Rhino. Many tourists flock to Guwahati as a base for their visit to this famous national park.
There are multiple banks and NBFCs which offer various services in Guwahati and have their branches spread across the city. Apart from traditional banking, these banks offer services like retail lending including personal loans, investment services, commercial finance, wealth management etc. While NBFC’s do not offer the retail or commercial deposits, they offer services including loans, rural and consumer finance.
You can apply for personal loan online through our website by filling in the simple form or calling us on our numbers. We will search for the best deal for personal loan in Guwahati and try to get you the lowest interest rates for personal loan in Guwahati according to your eligibility. If you have any questions on how to get a personal loan in Guwahati then go through our site and read more about personal loan interest rate and eligibility. You can also know more about personal loan in your specific area as well as get instant personal loan approval online in Guwahati. You will not get as many options by contacting personal loan agents in Guwahati who work with only a limited set of banks. Apply for personal loan online with us and we will check your case against the criteria of multiple banks/NBFCs. Using our algorithm we will calculate your best deal for personal loan in Guwahati instantly. Our service is free of charge and you do not have to pay us at any step in the process.
Eligibility Criteria for Personal Loan in Guwahati
Age of the applicant should be between 21-60 Years
Salaried individual with minimum income of Rs 15,000. Salary bracket would 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 if you are working in a top MNC, the salary requirement would be lesser than one working with a new company.
Should be staying in the city for at least 1 Year
Total work experience should be at least 2 Years
Basic documentation such as KYC, latest bank statements etc are required
Be informed of the different ways your Personal Loan Rate of Interest in Guwahati 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 Feb 2019
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