Personal Loans are given by most major banks and financial institutions to individuals without asking for the requirement or need in Raipur. 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 Raipur 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 Raipur, you must have a good credit history and adequate salary to get your personal loan sanctioned with a Bank or an NBFC in Raipur. 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 Raipur 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.
Raipur is situated in the eastern Indian state of Chhattisgarh and is its capital. It is the administrative headquarters of Raipur District as well as the largest city in Chhattisgarh. Raipur has long history and it is speculated that it was named after Brahmdeo Rai the son of one of its earlier rulers. The current administration is based on its division into 72 wards which are managed by an elected representative. The source of economy in the city is mainly from agriculture with crops like pulses, wheat, paddy, udad, peas etc being cultivated widely. Soyabeen, Alsi and groundnut are some of the prime oilseeds that are grown around the city. Raipur has many educational institutions and universities like Indian Institute of Management (IIM), National Institute of Technology (NIT), Pandit Ravishankar Shukla University, Indira Gandhi Agricultural University, Kushabhau Thakre Patrakarita Avam Jansanchar University etc. Raipur has some visit worthy places for travellers like Shahid Veer Narayan Singh International Cricket Stadium, Shri Rajiv Lochan Mandir, Urja Park, Naya Raipur Central Park among others.
All the major banks and NBFCs in the country have a network in Raipur through their many branches. They offer personal loans in Raipur along with a lot of other services relating to banking, investment, wealth management and advisory services. The banks have branches across the city which operate and cater to the needs of people at various locations in the city. All banks offer doorstep service for document collection for loan applications.
Apply for personal loan online in Raipur through us and get access to various deals and offers from different banks and NBFCs when they are available. If you want to know how to get a personal loan in Raipur then call us on our number or fill in your details on our simple form. We will log your request and compare you details against the eligibility criteria of different banks and NBFCs to get you the best deal for personal loan in Raipur. You can also get Instant personal loan online approval in Raipur if your details match the ideal specifications of a bank/NBFC. With more and more personal loan agents in Raipur, it can be rather confusing to find out which deal matches your exact requirement. We help you do this through our interactive service which helps you compare and get the lowest interest rates for personal loan in Raipur. The entire service is delivered at your comfort with documents collected from your home, office or suitable location. Gain more information on our site of topics like EMI, eligibility, interest rates, credit score and other areas. Check your eligibility through our various calculators and get the best deal for personal loan in Raipur. We do not charge you for our services and you will be advised every step of the way from application to disbursal for free.
If you are looking to find out which bank is best for personal loan in Raipur then click on the apply online link and feed in your eligibility. Based on the factors we will present the banks which provide the best deal for your requirement. There are no set criteria for which bank is best for personal loan in Raipur as the basis of getting a low interest rate depends entirely on your eligibility. The banks will look at your CIBIL Score, employment, salary and other factors before advancing you a loan.
Eligibility Criteria for Personal Loan in Raipur
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 Raipur 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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