Personal Loans are given by most major banks and financial institutions to individuals without asking for the requirement or need in Howrah. 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 Howrah 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 Howrah, you must have a good credit history and adequate salary to get your personal loan sanctioned with a Bank or an NBFC in Howrah. 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 Howrah 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.
Howrah known as Kolkata’s twin is an industrial city situated in the eastern Indian State of West Bengal. It lies on the banks of the Hooghly River and is the administrative headquarters of Howrah distinct. The famous four bridges in the city connect it to the twin city of Kolkata. The city has long history and rich culture tied with that of Kolkata. The economy of the city is dependant on agriculture and manufacturing industries. Crops like Paddy, Oil seeds, pulses, potato and vegetables are grown and traded in and around the city. Howrah houses educational institutions and universities like Bengal Engineering and Science University (BESU), Ramakrishna Mission Vidyamandira, the Indian Certificate of Secondary Education (ICSE) and National Institute of Open Schooling (NIOS). Scenic places to visit in and around Howrah include Second Hooghly Bridge, Acharya Jagadish Chandra Bose Indian Botanic Garden, Rail Museum, Indian Botanical Garden, Bangeshwar Mahadev Temple among others.
Multiple banks and NBFCs have branches across the vast city of Howrah in general. Most provide full service operations in the city with may branches catering to customers with a requirement of personal loans and business loans. Apart from this they also provide the whole bouquet of services including core banking, commercial lending, asset management, investments etc.
We do not take a fee or commission from your amount when you apply for personal loan online in Howrah through us. We ensure that you get the best deal for personal loan in Howrah by comparing your details against the eligibility criteria of various banks and NBFCs. Check out our different sections on EMI calculator, CIBIL calculator, Eligibility calculator to find out more about how will be able to get the lowest interest rates for personal loan in Howrah. We help process requirements in every area across the city of Howrah. You can get instant personal loan online approval in Howrah provided you meet the right criteria for a bank or NBFC. Every step will completed as per you convenience with documents collected from your doorstep. Personal loan agents in Howrah will help you apply with a limited set of banks and might not be able to get you’re the best deal for personal loan. So apply for personal loan online through our site and we will check your ability to get the lowest interest rate for personal loan in Howrah.
Eligibility Criteria for Personal Loan in Howrah
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 Howrah 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 Jan 2019
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