Best Personal Loans in S G Highway, Ahmedabad
The Sarkej – Gandhinagar highway, better known as SG Highway, connect Gandhinagar, the Capital of Gujrat with Ahmedabad. Gujrat tallest structure the Shapath V which stands approximately 70m high is situated on this road. There are multiple International vehicle outlets such as Jaguar, Land Rover, Nissan, Volvo and many more along this road. This stretch was built with the intention to bypass the City of Ahmedabad but cheap land prices lead to the boom of this area. Some the famous land marks on S.G Highway are the Iskcon temple, Karnavati Club, Rajpath Club, Gujrat Highcourt and many more.
Personal loans in Ahmedabad 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 Ahmedabad 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 Ahmedabad such as HDFC Bank, ICICI Bank, Kotak bank, Axis bank and so one. There are also multiple NBFC’s in Ahmedabad such as Bajaj Finserv, Fullerton, Tata Capital, etc which offer unsecured personal loans.