Best Personal Loans in Thrippunithura, Kochi
Thrippunithura is a suburb to the Kochi city located in the state of Kerala. It is also called as Tripunithura and part of Ernakulam district. Its famous for numerous ancient temples and has the biggest archaeological museum in Kerala since 1865. As this was the capital of Kingdom of Cochin, it has the beautiful hill palace where the Maharajas stayed and the descendants of the Chochi family still have their presence in Thrippunithura. It has calm and pleasant environment as it’s away from the city and home for many schools and colleges.
Personal loans in Kochi 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 Kochi 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 Kochi such as HDFC Bank, ICICI Bank, Kotak bank, Axis bank and so one. There are also multiple NBFC’s in Kochi such as Bajaj Finserv, Fullerton, Tata Capital, etc which offer unsecured personal loans.