Situated in the south eastern part of Bangalore, is now one of the cosmopolitan areas and sought after residential areas in Bangalore. This is centrally located with good axis to multiple areas via the intermediate ring road, Hosur Road, Sarjapur road and many more. Kormangala is spread across 8 blocks and approximately 2.85 Sq Km. This locality initially was occupied by some of the retired professionals, but the peaceful surroundings and the advantage of being centrally located resulted in exponential rate of occupancy. Koramangala has education institutions like Christ College, St John’s Medical College, NMIMS, etc. There are multiple tech companies like Tavant, Tally, Texas Instruments, etc which have set operations in Koramangala.
Personal loans in Bangalore 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 Bangalore 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 Bangalore such as HDFC Bank, ICICI Bank, Kotak bank, Axis bank and so one. There are also multiple NBFC’s in Bangalore such as Bajaj Finserv, Fullerton, Tata Capital, etc which offer unsecured personal loans.
There are multiple banks which offer personal loans such as HDFC Bank, ICICI Bank, Kotak bank, Axis bank and many more. There are also multiple NBFCs such as Bajaj Finserv, Fullerton, Tata Capital, etc which also offer unsecured personal loans according to your profile.
Documents required for Personal Loans
Documentation can be a difficult task when it comes to any kind of financial service. For Personal Loans, we make it easier for you and help you with your documentation.