Personal Loan in Delhi

Get instant personal loan in Delhi up to Rs. 40 lakhs at interest rate starting from 10.49% p.a. with minimal documentation. The repayment tenure can vary from 1 to 6 years and the processing fee up to 4.15% has to be paid.  

Best Personal Loans Banks in Delhi

Below is the list of top personal loan providers available in Delhi. Compare features, apply online and get an instant loan in Delhi.

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 Delhi Features & Benefits

  • You can apply for the Delhi loan online.
  • Get a quick decision on your personal loan application.
  • On approval, get instant disbursal of funds to your bank account within a few hours.
  • Get a loan up to Rs. 40 lakhs to fulfil all your financial requirements.
  • The interest rates are affordable and start from as low as 10.49% p.a. 
  • Minimal documentation required, including your KYC, address and income documents. 
  • The loan can be repaid easily in equated monthly instalments (EMIs). 
  • Tenure for instant personal loan in Delhi can vary from 1 to 6 years. 
  • Low processing fee involved.
  • Part and full prepayment facility available at nominal charges. 
  • You can get every top private loan financer in Delhi as well as other lenders.

Eligibility Criteria for Personal Loans in Delhi

  • You should be at least 21 years of age when applying for the loan.
  • Your maximum age should not be more than 60 years when the loan matures.
  • Your monthly income should be at least Rs. 25,000 when applying for a personal loan in Delhi. 
  • You should be an Indian resident living in Delhi.
  • You should either be a salaried employee of a public/private company and MNC or a self-employed person with a regular income source to get the best personal loan in Delhi NCR.  
  • You should have a minimum work experience of 1 year, with 6 months served with the current employer.

You should have a credit score of 750 or above as a personal loan for CIBIL defaulters in Delhi usually comes with a higher interest rate.

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

You can avail of the personal loan with the lowest rate of interest in Delhi with the below-mentioned tips:

  • Maintain a CIBIL score of 750 or above.
  • Check personal loan offers of every private financer in Delhi and of other lenders.
  • Check for promotional offers introduced by the banks or other loan agency in Delhi.
  • Make use of your employer’s reputation.
  • Clear off all your existing debts.
  • Check for “loan agency near me” on Google first.
  • Add a co-applicant who is more eligible. 

 Document Required for Applying Personal Loan in Delhi

If you want a personal loan apply online in Delhi with the following documents:

  • You must have the following documents to avail of a personal loan in Delhi:
  • Employee ID card issued by the current employer.
  • PAN card
  • Address proof and identity proof recognized by the government, such as Aadhaar card, Passport, Driving license, etc.
  • Last 2 months’ salary slips
  • Form 16
  • Salary bank account statements of the last 3 months. 

Our loan agents in Delhi offer free doorstep documents pickup service.

How to Apply for a Loan in Delhi?

You can apply through the lending bank’s website or mobile app. Also, you can check the internet for private loan provider in Delhi or other lenders. Alternatively, you can apply through MyMoneyMantra, by simply following the steps mentioned below:

  • Visit our website and click on Personal Loan. 
  • Click on the Compare & Apply button. 
  • Fill all the details required.
  • Enter the OTP received and click on the Verify button.
  • Select your employment type.
  • Enter the details, like your date of birth, PAN card, employer’s name, and net monthly income.
  • Mention the loan amount required.
  • Select your salary account bank name. 
  • Enter the complete address.
  • Compare & choose from the list of offers by every financer in Delhi displayed on your screen.
  • Click on the Econnect button. 
  • Submit the loan application.
  • Our representatives will contact you for loan processing.
  • MyMoneyMantra has every top loan provider in Delhi on the list.

Best Personal Loans Online

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.

View and improve your credit score - for free.

Know how good your score is

Get insights on how to improve it

Unlock offers as per your score

chart_15f235bf64 (1).svg