Navi Mumbai is a township located inland to the city of Mumbai which was originally planned to decongest the great city. The township is a fast developing residential and commercial area with modern infrastructure and amenities. A lot of commercial activity from Mumbai is being shifted to this new township which has excellent connectivity with a proposed new international airport. The area is also famous for its many malls and the new DY Patil Stadium which hosts cricket matches
Personal loans in Mumbai 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 Mumbai 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 Mumbai such as HDFC Bank, ICICI Bank, Kotak bank, Axis bank and so one. There are also multiple NBFC’s in Mumbai 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.