Personal Loans are given by most major banks and financial institutions to individuals without asking for the requirement or need in Kurnool. 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 Kurnool 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 Kurnool, you must have a good credit history and adequate salary to get your personal loan sanctioned with a Bank or an NBFC in Kurnool. 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 Kurnool 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.
Kurnool also known as the gateway of Rayalaseema lies on the bank of River Thungabhadra situated in the southern Indian state of Andhra Pradesh. The name Kurnool is derived from Kandanavolu and it was once the capita of the united state of Andhra Pradesh. Kurnool city is the headquarters of Kurnool District. The Kings of various dynasties like Cholas, Kakathiya Kings ruled over the city and later in 16th century Jagirdars and Nawab ruled the city.
The modern administration of the city is through its division into 50 wards serviced by elected representatives. The main economic activity in the city is based on industries, mining and agriculture; the city is based in a resource rich area containing various minerals like Iron, Dolomite, Limestone, Ochre, Quartz and Silica. Kurnool is hub of education institutions and universities like Rayalaseema University, Kurnool Medical College, G Pulla Reddy College of Engineering & Technology, Indian institute of Information Technology Kurnool, Osmania College, Kurnool and Silver Jubilee Government Degree College. Kurnool attracts a lot of tourists every year city and is well known for tourist destinations like Belum Caves, Mantralayam, Yaganti Temple, Mahanandi Temple, Kondareddy Burz, Kurnool Fort, Rollapadu Wildlife Sanctuary among others.
Multiple banks and NBFCs have branches across the vast city of Kurnool 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 Kurnool through us. We ensure that you get the best deal for personal loan in Kurnool 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 Kurnool. We help process requirements in every area across the city of Kurnool. You can get instant personal loan online approval in Kurnool 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 Kurnool 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 Kurnool.
Eligibility Criteria for Personal Loan in Kurnool
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 Kurnool 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 Dec 2018
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