Best Personal Loans in Yelahanka, Bangalore
Yelahanka was formed back in the 13th century and was supposed to be the capital location of Bangalore city. It was only later that it was moved to a central part of Bangalore currently KR Market. Yelahanka was envisaged to be a satellite town but now falls under the Bruhat Bangalore Mahanagar Palike jurisdiction.
Yelahanka is towards northern Bangalore which saw exceptional development back in the 1980’s. Yelahanka is close to a couple of lakes the closest one being Puttenahalli lake which is just 3 kms from Yelahanka. The Venugopal Swamy temple has been the one of the most famous landmarks in Yelahanka.
The connectivity by road is one of the best in Bangalore. Further north of Yelahanka is the International Airport of Bangalore. The Yelahanka railway station is one of the oldest stations in Bangalore. The Canadian International School is one of the famous schools situated in Yelahanka. There are also multiple Engineering like the Sir M. Visveswaraya Institute of Technology, BMS Institute of Technology, Reva Institute of Technology and Management. Yelahanka is surrounded by Bagalur, Rajanakunte and more.
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.