Best Personal Loans in Sarjapura, Bangalore
Sarjapura is one of the fastest growing localities in Bangalore. This is located approximately 15 km from Whitefield and approximately 20 kms from Electronic City. This locality which was a village in the late 1990’s is now falls under Urban Bangalore and shaping to be a high-tech city. The other areas quickly accessible from here are Marathalli, Silk board, Koramangala, etc. There are multiple medical centres as well as education institutions which have set up operations in and around Sarjapura
Personal loans in Bangalore 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 Bangalore 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 Bangalore such as HDFC Bank, ICICI Bank, Kotak bank, Axis bank and so one. There are also multiple NBFC’s in Bangalore such as Bajaj Finserv, Fullerton, Tata Capital, etc which offer unsecured personal loans.