Get instant personal loan in Chennai up to Rs. 40 lakhs at starting interest rate of 10.49% p.a. And processing fee up to 4.15% p.a. Repay the borrowed amount in 1 to 6 years via affordable EMIs.
Below are some of the best personal loan providers available in Chennai. You can get a loan up to Rs. 40 lakhs at an interest rate of 10.49% p.a. Onwards in Chennai.
|Bank/ NBFC||Loan Amount||Interest Rate (p.a)||Tenure||Processing Charges|
|HDFC Bank||Rs. 50,000 - Rs. 40 lakhs||10.50% - 21%||1 - 5 years||Up to 3.5%|
|ICICI Bank||Rs. 50,000 - Rs. 25 lakhs||10.50% - 19%||1 - 6 years||Up to 2.50% + GST|
|Kotak Mahindra Bank||Rs. 50,000 - Rs. 20 lakhs||10.50% onwards||1 - 5 years||Up to 2.50% + GST & other levies|
|Bajaj Finserv||Up to Rs. 25 lakhs||13% onwards||1 - 5 years||Up to 4.15% + taxes|
|IDFC First Bank||Up to Rs. 20 lakhs||10.49% onwards||1 - 5 years||Up to 2.50% + GST|
|Yes Bank||Rs. 1 lakh - Rs. 40 lakhs||10.99% onwards||1 - 5 years||Up to 2.50% + taxes|
|Tata Capital||Rs. 75,000 - Rs. 25 lakhs||10.99% onwards||1 - 6 years||Up to 2.75% + GST|
Most personal loan providers in Chennai require you to have a credit score of 700 or above for a personal loan. If you have a score below 750 and need a low CIBIL score personal loan in Chennai, you can look for different alternatives. You can apply through instant loan providing apps in Chennai, P2P lending platforms, or try to secure a loan against an asset, such as property, gold, stocks, deposits, mutual funds, etc.
You can apply for an instant personal loan in Chennai with a low interest rate through MyMoneyMantra. We have partnered with 100+ banks, NBFCs and other financial institutions, which gives you access to a plethora of personal loan options. You can search, compare and apply online for a loan instantly through our website.
KYC documents: To establish proof of identity, address, and date of birth.
Documents for KYC
Proof of Income
For Salaried Employees:
For Self-employed (including professionals and business owners):
Besides, you are required to submit a duly filled application form, along with 2 passport-sized pictures with these documents for a Chennai Loan.
Get instant personal loan up to Rs. 20 Lakhs at interest rate of 10.25% p.a. onwards and tenure up to 5 years. Apply online for quick processing and disbursal.
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