Best Personal Loans in Ulsoor, Bangalore
Ulsoor has derived its name from a jackfruit orchard near the Ulsoor Lake which in Kannada is known as Halasina hannu. It was earlier named as Halasuru and during British rule the name was changed to Ulsoor. Ulsoor is very near to the famous commercial area MG road. Ulsoor was gifted to the founder of Bangalore Kempegowda by Vijayanagara rulers.
Ulsoor has several old temples such as Halasuru Someshwara Temple, which was built by Kempe Gowda in the 16th century and is a mixture of Hoysala, Chola and Vijayanagara architecture. The Subramanya Temple, which is more than 800 years old, is also a prominent temple. Ulsoor Lake is one of the biggest lakes in Bangalore and is spread over 123 acres.
Ulsoor is near to areas such as CMH Road, Cambridge Road, Ulsoor Road and Old Madras Road. All of these places are famous for shopping and have several branded outlets. Sri Guru Singh Sabha, the famous Sikh shrine is Bangalore is located on the banks of Ulsoor Lake. Sri Guru Singh Sabha Gurudwara was built in 1943 which was funded by Jollys, Sahani, Kohli, Chandoks and Gill families. Around 3000 people visit the Gurudwara on Guru Nanak Day and they have Guru Ka Langar(Meals).
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.