Personal Loans ranging from Rs.25K to Rs.25L with a tenure starting from 6 months.
35
Banks / NBFCs
20K
Customers
18
Months in Operations
There are multiple Banks and NBFCs that provide personal loans in Chandigarh at an attractive interest rate. The loan amount ranges from Rs. 25,000 to Rs. 25 Lakhs for a loan tenor of one to five years. A personal is an ideal choice during time of emergencies as the loan can be obtained instantly. A personal loan is also referred to as an unsecured loan wherein the borrowers in Chandigarh are not required to provide any collateral against the loan.
A personal loan is also known as a multipurpose loan. Whether you are looking to pay off your existing debts or covering your wedding expenses, opting for a personal loan can be the best option. You can also take a personal loan to pay your medical bills, funding your education fees, purchasing personal durable goods, covering travel and home renovation expenses etc.
A city and a union territory of India, Chandigarh also serves as the capital of the Indian state of Haryana and Punjab. Known for being the most planned and clean city in India, the city has one of the highest per capita in the country. Chandigarh is rated as the wealthiest town in India, multiple banks and NBFCs have started expanding their business in the city by providing loans to their customers at a decent interest rate.
To obtain a personal loan in Chandigarh with ease, you must have a good credit score i.e. above 700. A good credit score will help you to get a loan at a low interest rate. Moreover, there are other factors which you should keep in mind while applying for a loan such as your monthly income, meeting the minimum age requirement, reputation of the company you work, etc.
Before you apply for a loan, it is advisable to carry out adequate research and gather relevant information before taking a personal loan. The interest rate, processing fees, flexibility of tenor, part-payment charges should be compared online and the best option should be chosen. Many people fall into the trap of borrowing from private lenders who charge a very high rate of interest. At times, the interest rates can go as high as 30%. It is advisable to turn to online lending platforms as the loans are provided at lower interest rates at these platforms. To get the best deal without going through a lot of trouble, online lending platforms such as IndiaLends.com are a good option. Applying for a personal loan online is convenient as most of the work is done by the online platform. When you apply online, your application is sent to various Banks and NBFCs according to your profile who make a lending decision after reviewing your application. Online platforms like IndiaLends operate without charging any extra fees or attached hidden costs.
A Personal loan is a form of credit offered by financial institutions for the borrower’s personal use.
It is an unsecured loan and doesn’t require collateral as security or a guarantor to avail the loan.
*The figures provided in the table are indicative subject to change from time.
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Good Credit Score
Above 21 years of Age
Salaried professional
Resident of India
Valid Bank Account
PAN Card and Voter ID Card/Driving License
Bank Statements for the last three months
Salary Slip for last three months
Personal Loans in Chandigarh Reviews
Your reviews motivate us and help us make our service even better
Vishal Gautam
I was not able to get a personal loan since my CIBIL score was very low. IndiaLends helped me improve my credit health. As my credit score is 750 now, I am planning to apply for a personal loan once again.
5.0
Ram Desai
Based on the customer service, the overall experience with IndiaLends has been great. The security precautions that IndiaLends provides to their customers is definitely, by far, the best I've experience with any lending company till date.
4.0
Sania Singh
I really appreciate their service. As they do what they say. I applied for an unsecured personal loan with IndiaLends and it got disbursed within six days. Though the rate of interest is a bit high, but I guess it is fine when you are in urgent need of a cash.
3.0
Rashee Maggu
I applied for a personal loan at IndiaLends. The process was really swift and satisfactory. I really appreciate their customer service as they do wonderful job in showing right financial path to their customers.
4.0