Best Personal Loans in South Extension, Delhi-NCR
South Extension or SouthEx is an area in New Delhi which lies on the ring road that surrounds the capital city. It is well known as a shopping area in the southern part of Delhi. It is one of the more up-market and expensive places in Delhi and connects areas like GK, lajpat nagar, Nehru place, malviya nagar, CR park etc.
Personal loans in Delhi-ncr 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 Delhi-ncr 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 Delhi-ncr such as HDFC Bank, ICICI Bank, Kotak bank, Axis bank and so one. There are also multiple NBFC’s in Delhi-ncr such as Bajaj Finserv, Fullerton, Tata Capital, etc which offer unsecured personal loans.