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 Visakhapatnam can be easily obtainable through multiple banks and NBFCs at an attractive interest rate. The loan amount ranges from Rs. 25,000 to Rs. 25 Lakhs with a loan period of one to five years. Personal Loans in Visakhapatnam can be secured instantly as the whole loan approval process takes less time as compared to other types of loans. Moreover, personal loans are unsecured loans and the borrower does not have to provide any collateral against the loan while borrowing.
Usually, a personal loan can be used for various purposes. It can be obtained for paying off medical bills, buying personal durable goods covering home renovation, wedding, and travel expenses. You can use a personal loan if you want to pay off multiple unpaid loans by opting for debt consolidation or balance transfer.
Visakhapatnam is the largest city and the financial capital of Andhra Pradesh. Home to the oldest shipyard and the only natural harbor on the east coast of India, the city has got multiple nicknames such as, Goa of the East Coast, The City of Destiny, and The Jewel of the East Coast. The city has also been selected as one of the Indian cities to be developed under smart city. As the economy of the city is listed as the tenth largest city in the country, multiple banks and NBFCs are expanding their business in Visakhapatnam by providing multiple forms of credit to the customers.
To get an instant approval on your loan application at the lowest interest rate, you must have a good credit score along with a strong credit history. However, there are other factors that affect the lending decision of the financial institution such as your employment status, your monthly income, reputation of your present company etc. Apart from that, identity proof, address proof and PAN Card are other required documents to get a loan. Several other factors such as tenure of employment in the current company and total work experience is also taken into consideration by banks and NBFCs in Visakhapatnam.
It is advisable to carry out in depth research before you settle down with one financial institution. There are multiple online portals who provide detailed information regarding the loan procedure and help attain loans easily. IndiaLends, an online marketplace, offers free customer support to personal loan aspirants. You don’t need to pay any charges or commission to us. By using our services, you can easily avail a good loan offer meant for you. When you apply personal loan in Visakhapatnam through us, you just need to fill up a simple form. We handle everything for you ranging from the documentation to disbursal. Our experienced financial team takes care of your credit needs and finds a good personal loan offer for you. They evaluate your profile and match them against the eligibility criteria of various financial institutions. After the careful analysis of available offers, they pick the best offer for you.
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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Loan Disbursal
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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 Visakhapatnam 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