Best Personal Loans in Vastrapur, Ahmedabad
Vastrapur, the location of the rich and the affluent is possible the fastest growing nodes in the state. The country’s best business school i.e. Indian Institute of Management, Ahmedabad is located in Vastrapur. The Vastrapur lake is a delight for the tourists to the city. The Gurudwara and the Nehru foundation are some of the prime land marks in this area. There are multiple shopping malls, gardens, jogging tracks and so on around this area Vastrapur also houses the futuristic electric cremation centre which is aids the Green Ahmedabad initiatives.
Personal loans in Ahmedabad 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 Ahmedabad 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 Ahmedabad such as HDFC Bank, ICICI Bank, Kotak bank, Axis bank and so one. There are also multiple NBFC’s in Ahmedabad such as Bajaj Finserv, Fullerton, Tata Capital, etc which offer unsecured personal loans.