Best Personal Loans in Sabarmati, Ahmedabad
One of the suburbs of Ahmedabad, along the cost of Sabarmati River, is the locality Sabarmati which houses the famous Sabarmati Ashram. This is one or the residence of Mahatma Gandhi. It was from this ashram that Gandhi initiated the famous Dandi March which had a significant influence to the Indian Independence. You will find multiple activities at the Sabarmati Ashram which helps in engaging the 70,000 plus visitors every year. Ranip and Kali are some of the locations that you can find around Sabarmati.
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.