Personal Loan in
Bhubaneswar
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 Bhubaneswar
Personal Loans in Bhubaneswar can be easily obtainable from multiple financial institutions such as Banks and NBFCs at a decent interest rate. The loan amount ranges from Rs. 25,000 to Rs. 25 Lakhs with a tenor period of one to five years. Personal loans can be the best option during the time of financial emergencies as you do have to provide any collateral against the loan.
A personal loan is also known as an all-purpose loan which means you can borrow it for multiple purposes, be it a paying your medical bills, covering wedding home renovation, and travel expenses etc. You can us a personal loan to pay off multiple unpaid loans by opting for debt consolidation or balance transfer.
An education hub, Bhubaneswar is an administrative, information technology, and tourism city. Ranked as the best place to do business in India by the World Bank in 2014, the city has emerged as one of the fastest growing and an important trading center. With is flourishing economy, multiple banks and NBFCs are expanding their business by providing loans to the customers in Bhubaneswar at an attractive interest rate.
To get an instant approval on your loan application, you should have a good credit history i.e., above 700. Moreover, there are certain requirements such as adequate monthly salary and minimum age that are important. 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.
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. 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.
Personal Loan: An Overview
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.
11.49% - 20.00% Per Annum
12 to 60 Months
Up to 2% of the loan amount
17.25% - 35.00% Per Annum
12 to 60 Months
Up to 3.5% of the loan amount
11.00% - 24.00% Per Annum
12 to 60 Months
Up to 2.50% of the loan amount
12% - 16% Per Annum
12 to 60 Months
Up to 2.0% of the disbursed loan amount
10.99% - 20.00% Per Annum
12 to 60 Months
Up to 2.5% of the loan amount
11.69% - 15.00% Per Annum
12 to 60 Months
1.5% of the loan amount
11.00% - 22.00% Per Annum
12 to 60 Months
Up to 2.5% of the loan amount
12% - 35% Per Annum
12 to 60 Months
Up to 2.0% of the loan amount
*The figures provided in the table are indicative subject to change from time.
How it Works
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.
Basic Eligibility Criteria
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
Find out your customized interest rate for a Personal Loan in Bhubaneswar
Become a IndiaLends Partner
Become an IndiaLends Partner to earn incentives and rewards!
- Earn up to 2% for loan Referral
- Refer for credit report and earn Rs.20 on successful credit report pulled
- Refer app to another Partner and earn Rs.750 on their first successful disbursal.
** These amount ranges are for total disbursal during the month.
Personal Loans in Bhubaneswar Reviews
Your reviews motivate us and help us make our service even better
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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
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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
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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
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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