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
Personal loan in Indore can be easily availed through multiple banks and NBFCs at a decent interest rate with the loan amount ranging from Rs. 25,000 to Rs. 25 Lakhs for a tenure period of 1 to 5 years. A personal loan is also known as unsecured loan where the borrowers are not required to provide an asset against the loan. It is a perfect financial solution for an individual who is an urgent need for money. It can be obtained for multiple purposes right from paying your medical bills, covering the wedding expenses, personal durable goods, travel expenses etc.
Usually, a personal loan is obtained for paying off medical bills, home renovation, wedding expenses, personal durable goods and travel expenses. You can opt for a personal loan if you want to pay off multiple unpaid loans by opting for debt consolidation or balance transfer.
Indore is the largest city in the state of Madhya Pradesh. It is one of the largest commercial capital state and also considered as an education hub. Indore has been selected as one of the hundredth cities to be developed as a smart city under smart cities mission.
To borrow a personal loan in Indore, a good credit history, adequate salary and minimum age are important. Moreover, a good credit profile will help you to get an instant approval on your loan application as lender would check your credit history and your final credit score while assessing your credit worthiness.
Many a times, people end up taking a personal loan at a huge interest rate as they do not carry out in depth research before they apply for one. In order to save yourself from paying a huge interest rate, it is best to carry out detailed research and compare the interest rate online, processing fees, flexibility of tenure and pre-payment charges. Online lending platforms such as IndiaLends.com provide the borrowers with the best deal at low interest rates. Applying for a personal loan online can help you sit back and relax as most of the work is done by the online platform itself. 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.
Registration
Apply online in less than 2 minutes
Quick Verification
We will review your application and give you a decision within minutes
Loan Disbursal
Receive the loan amount within two days.
Find out your customized interest rate for a Personal Loan in Indore
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 Indore 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