Personal Loan in
Trivandrum

Personal Loans ranging from Rs.25K to Rs.25L with a tenure starting from 6 months.

Apply Personal Loan

Please enter your Name
Please enter a valid email addressPlease enter your email address
Please enter a valid mobile numberPlease enter your mobile number
Please enter a valid Residence Pincode
Please select your Employment Type
Please enter a valid Company Name
Please answer the above question
Minimum salary of Rs 10,000 is requiredMinimum annual income of Rs. 1.2 Lakh is requiredMinimum turnover of Rs. 1.2 Lakh is required
Minimum salary of Rs 17,000 is required
Please accept terms and condition
loading2

Our Financial Institutions

35

Banks / NBFCs

20K

Customers

18

Months in Operations

Personal Loans in Trivandrum

Personal loans in Trivandrum can be easily from multiple banks and NBFCs at a decent interest rate with loan amount ranging from Rs. 25,000 to Rs. 25 Lakhs with a tenure period of one to five years. Personal loans are unsecured loans and do not require an asset to be provided against the loan.

Usually, a personal loan is also called a multipurpose loan. You can borrow it for numerous purposes such as paying your medical bills, education fees, home renovation, covering wedding expenses, purchasing personal durable goods etc. You can use a personal loan if you want to pay off multiple unpaid loans by opting for debt consolidation or balance transfer.

Trivandrum, also known as Thiruvananthapuram, is largest capital of the Indian state of Kerala. Being the most populous city, it is a major IT hub in India. The city contributes 80% of Kerala’s software exports. Referred as the evergreen city of India and with its rapid growing economy, multiple financial institutions are expanding their business by providing multiple credit options to their customers. Since, the economy is mostly dependent on tertiary activities, banks and NBFCs in Trivandrum are providing personal loans to the people in Trivandrum at a good terms and conditions.

For getting a Personal Loan in Trivandrum, you must have a good credit history and adequate salary to get your personal loan application approved by the lender. Apart from a good credit history, lenders will also look at your work experience, reputation of the company you work in and your home ownership etc., while assessing your credit worthiness. For making a lending decision, the lender looks at your credit report containing your credit history and your personal contact details along with the loan amount for the loan approval.

It is best to carry out adequate research while applying for a personal loan. The interest rates, processing fees, flexibility of tenure and pre-payment charges should be compared online and the best option should be chosen. Many people fall into the trap of borrowing from small 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.

*The figures provided in the table are indicative subject to change from time.

How it Works

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.

1

Registration

register

Apply online in less than 2 minutes

2

Quick Verification

verification

We will review your application and give you a decision within minutes

3

Loan Disbursal

receive loan

Receive the loan amount within two days.

Basic Eligibility Criteria

  • eligibility

    Good Credit Score

  • eligibility

    Above 21 years of Age

  • eligibility

    Salaried professional

  • eligibility

    Resident of India

  • eligibility

    Valid Bank Account

  • eligibility

    PAN Card and Voter ID Card/Driving License

  • eligibility

    Bank Statements for the last three months

  • eligibility

    Salary Slip for last three months

Find out your customized interest rate for a Personal Loan in Trivandrum

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.

agent

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 Trivandrum Reviews

Your reviews motivate us and help us make our service even better

    • user
    • 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

    • user
    • 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

    • user
    • 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

    • user
    • 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

Frequently Ask Questions

Q. How much can I borrow and for how long?

A. You can get personal loans starting from Rs. 25,000 up to Rs.25 lakhs for 1 to 5 years.

Q. Can I repay my loan early?

A. Yes, you can pre-pay your loan as and when you want.

Q. How does Indialends assess my credit worthiness and how long does this take?

A. Each consumer wishing to borrow on the Indialends portal will need to go through a rigorous verification and credit assessment process. The assessment is based on information collected from various data sources like the application form, credit bureaus, bank statements, pay slips, verification reports, social media, etc. The above process is automated and happens within seconds. Hence, you can get an approval shortly after you submit your application.

Q. Why was my application rejected?

A. The reason your application was rejected was because your credit profile did not match the criteria stipulated in the Indialends policy at the time. However, Indialends might be able to approve your application at a later date, if by then your credit file has improved or there have been changes in the Indialends credit policy.

Q. What is my repayment schedule?

A. Repayment of the loan will happen monthly on an EMI (equated monthly installment) basis where the amount will be calculated based on amortizing balance. One or two of the installments might be different which will depend on the timing of the loan.

Q. What happens in the case of a missed payment or non-payment by a borrower?

A. If the monthly payment for a borrower is delayed for any reason, a penalty fee and penal interest might be charged to the borrower. The borrower’s credit file will also get impacted which will restrict him / her to get credit in the future. Legal action may also be taken against the borrower.

Q. What information is shared with the lenders browsing through the profiles?

A. Lenders will have the ability to view detailed profiles of the borrowers, information like financial information, employment information, etc. The personal information of the borrower remains protected as per our privacy policy.

Q. How do I alter my loan request?

A. Loan requests can only be cancelled prior to loan disbursal. In case you want to make any changes to your request please reach out to support@indialends.com. The support team will help you in making the modifications.

Q. How can I make monthly payments?

A. You can pay your EMIs using electronic transfer of funds, ECS.

Q. How will you disburse the loan amount?

A. Soon after the loan is approved, the funds will be transferred right into your bank account.