Personal Loan in Bangalore

Get instant personal loan in Bangalore up to Rs. 40 lakhs at interest rates starting from 10.49% and repayment tenure of 1 to 6 years. 


Instant Personal Loan Bangalore

Avail of personal loan in Bangalore at interest rate starting from 10.49% p.a. You can get up to Rs. 40 lakhs as loan amount and make repayment in EMIs within 1 to 6 years. The processing fee can go up 4.15% of the sanctioned loan amount.

Best Personal Loans Banks in Bangalore

Below are the top 7 lenders that offer personal loans in Bangalore to fund all financial needs.

Bank/ NBFCLoan AmountInterest Rate (p.a)TenureProcessing Charges
HDFC BankRs. 50,000 - Rs. 40 lakhs10.50% - 21%1 - 5 yearsUp to 3.5% 
ICICI BankRs. 50,000 - Rs. 25 lakhs10.50% - 19%1 - 6 yearsUp to 2.50% + GST
Kotak Mahindra BankRs. 50,000 - Rs. 20 lakhs10.50% onwards1 - 5 yearsUp to 2.50% + GST & other levies
Bajaj FinservUp to Rs. 25 lakhs13% onwards1 - 5 yearsUp to 4.15% + taxes
IDFC First BankUp to Rs. 20 lakhs10.49% onwards1 - 5 yearsUp to 2.50% + GST
Yes BankRs. 1 lakh - Rs. 40 lakhs10.99% onwards1 - 5 yearsUp to 2.50% + taxes
Tata CapitalRs. 75,000 - Rs. 25 lakhs10.99% onwards1 - 6 yearsUp to 2.75% + GST

Personal Loan Bangalore Features & Benefits

  • Online application: Apply for instant loan in Bangalore online through lender’s website or MyMoneyMantra.
  • Quick decision: Get a quick decision on approval or rejection of your loan application.
  • Instant disbursal: If the loan is approved, get the amount instantly disbursed to your account.
  • Low rate of interest: The interest rates for personal finance in bangalore starts from just 10.49% p.a. 
  • Flexible tenure: You can repay your loan in flexible tenure of 1 to 6 years. 
  • High amount: You can get up to Rs. 40 lakhs under immediate personal loan in Bangalore.
  • Prepayment: You can make prepayment in part or full at nominal charges. 
  • Multiple options: There are many personal loan agents in bangalore.

Eligibility Criteria for Personal Loans in Bangalore

Below is the detailed eligibility criteria for personal loan or private finance in Bangalore:

  • Minimum age: 21 years for salaried and 25 years for self-employed.
  • Maximum age: Up to 60 years for salaried and 65 years for self-employed.
  • Minimum monthly income: Rs. 25,000.
  • Profession: Salaried or self-employed.
  • Minimum work experience: Total 1 year, with 6 months with the current employer.
  • Credit score: 750 or above.

Document Required for Personal Loan in Bangalore

You must submit the following documents to get a personal loan in bangalore:

  • Employee ID card
  • PAN card
  • Address proof
  • Identity proof
  • Salary slips of last 2 months
  • Statements of salary bank account of the last 3 months.
  • Form 16

How Do I Get a Personal Loan with the Lowest Interest Rate in Bangalore?

  • Maintain an excellent credit score of 750 or above.
  • Check loan services in bangalore of top personal loan providers to get the best deal.
  • Check for promotional offers of the banks.
  • Use your employer’s reputation to your advantage.
  • Clear off all your existing debts.
  • Add a co-applicant for your personal loan application who is more eligible.

How to Apply Loan in Bangalore

You can apply through: 

  • Lender’s website
  • Lender’s mobile application
  • MyMoneyMantra

To apply through MyMoneyMantra, just visit our website, and fill in all the required details under the Personal Loan tab and submit your application. Our loan representatives will call you shortly to extend your application and for pick up of the required documents.

Navi Personal Loan @9.99% p.a

Now get Navi personal loan of Rs. 10,000 to Rs. 20 Lakhs at lowest interest rate starting from just 9.99% per annum. Repay in easy instalments of 3 to 72 months. The processing fee ranges from 2.5% to 6% of the sanctioned limit + GST.

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