Best Personal Loans in Varthur, Bangalore
Varthur is a suburb located in the east part of Bangalore near to Whitefeild. Many IT companies are located in Varthur including Wipro Technologies, Cisco Systems, ARM, Aricent Group etc. Varthur is a part of Bruhat Bangalore Mahanagara Palikea and Legislative Assembly of Karnataka which is spilt again in to 3 sub assemblies such as
C.V.Raman Nagar, Mahadevapura and Krishnarajapura.
There are several educational institutions in and around this area like New Horizon College of Engineering, CMR Institute of Technology, Krupanidhi Nursing and PU College, Gunjur,Government Degree College, Varthur, Ryan International, K K Education Society, Chrysalis High, Gunjur, Vibgyor High, Marathahalli, Deen's Academy in Whitefield, Greenwood High near Dommasandra Circle, TISB International School near Dommasandra Circle, Whitefield Global School etc.
Varthur is also famous for Sri Chennaraya Swamy temple and Brahmarathotsava is a famous and big event celebrated in the temple. This happens on the day of Ratha Saptami and several cultural activities and celebrations are a part of this event. Varthur is a very prime and decent locality with good environment. School, bank, ATM, transport and hospital are well facilitated in the locality.
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.