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 loans in Kanpur can be secured without much effort. Almost all banks and NBFCs provide a personal loan in Kanpur at a decent interest rate. The loan amount ranges from Rs. 25,000 to Rs. 25 Lakhs with a tenor of one to five years. A personal loan is also known as an unsecured loan and does not require any asset to be provided as a collateral by the borrower.
Unlike other loans, a personal loan can be used for multiple purposes. You can borrow it to repay your multiple debts by opting for debt consolidation or balance transfer. Usually, personal loans are obtained for paying off medical bills, home renovation, wedding expenses, buying personal durable goods and travel expenses etc.
Kanpur is the largest industrial city in the northern Indian state of Uttar Pradesh. Being the commercial capital of Uttar Pradesh, the city has attracted multiple financial company to set up their businesses in Kanpur. Multiple banks and NBFCs has started expanding their business by providing loans to the borrowers of Kanpur at a decent interest rate.
A decent credit history, adequate monthly salary and minimum age are important for getting your loan approved in Kanpur. After you apply for a personal loan, your credit report containing your credit history and your final credit score is reviewed by the lender. Thus, if you have a good credit score, lenders would give you a personal loan at low-interest rates and vice versa.
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%. To save yourself from paying a huge interest rate, it is best to carry out detailed research and gather relevant information before taking a personal loan. The interest rates, processing fees, flexibility of tenure and pre-payment charges should be compared and the best option should be chosen. After the inception of certain online platforms, the borrowing procedure has become simplified and transparent. 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.
You can also check your personal loan eligibility by visiting our website. Moreover, we have an efficient personal loan EMI calculator which will help you get a fair idea of how much loan amount you should borrow. Furthermore, you can also benefit from our free credit report service before applying for a loan which gives an in-depth analysis of your credit history.
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 Kanpur 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