Best Personal Loans in Joka, Kolkata
Joka is a locality in south west Kolkata famous for hosting the Indian Institute of Management (IIM), Kolkata. It is an educational area teeming with students trying to learn the intricacies of management. It is located towards the south-west of Kolkata signalling the end of the tram line.
Personal loans in Kolkata 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 Kolkata 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 Kolkata such as HDFC Bank, ICICI Bank, Kotak bank, Axis bank and so one. There are also multiple NBFC’s in Kolkata such as Bajaj Finserv, Fullerton, Tata Capital, etc which offer unsecured personal loans.