Loans in India 2018! Compare and choose the best loan.

Bankbazaar - description of the lender

Loan ammount

Rs. 65,000 - Rs. 3,000,000

Loan term

1 - 6 years

Company

BankBazaar.com, India's premier financial market place has collaborated with various public sector and private banks to offer customized personal loans for it's users. Users can apply for a personal loan online using BankBazaar.com online loan request too.

BankBazaar.com offers users the opportunity to choose from the best personal loan plans in India as per the borrower’s repayment capacity and choice of tenure. BankBazaar.com offers customized personal loan quotes from various banks and non-banking financial companies. Users can choose the most suited bank or NBFC for their personal loan requests as per it's charges and other features.

APR

10,99% - 33%

Different banks and non-banking financial companies offer different interest rates for personal loans. Most banks have their own unique different classification based on which interest rates are calculated

Age restriction

At least 21 years old
Less than 65 years old

Requirements

  • - At least 21 years old;
  • - Less than 60 years old;
  • - Salaried with regular income;
  • - Earn more than the minimum income required.

Required documents

Different banks and NBFCs have different minimum documentation requirement for personal loans. The common documents required by most banks and NBFCs for individuals requesting a personal loan include:

Documents for Salaried Individuals:
- Proof of Identity: Passport, Driving License, Voters ID or PAN Card
- Proof of Residence:-Passport or utility bills
- Latest 3 months Bank Statement of Salary Account
- Salary slips for last 3 months.

Documents for Self-Employed:
- Proof of Identity: Passport, Driving License, Voters ID or PAN Card
- Proof of Residence:-Passport or utility bills
- Income proof: Audited financials for the last two years.
- Last 6 months Bank statement.
- Office address proof.

Legal address

3rd Floor, Hameedia Center,
14/43 Haddows Road, Nungambakkam,
Chennai - 600006, India.

Additional information

Telephone: +91 44 66511800
E-mail: support@bankbazaar.com

Minimum loan amount
Rs. 65,000
Maximum loan amount
Rs. 3,000,000
Minimum loan term
1 year
Maximum loan term
6 years
Interest Rate
10,99% - 33%
Minimum age
21 years
Loan granting
Good
Online application
bankbazaar.com
Requirements:
  • - At least 21 years old;
  • - Less than 65 years old;
  • - Salaried with regular income;
  • - Earn more than the minimum income required.
Compare Personal Loans from 30+ banks
Representative example 1 (excluding service tax and other statutory government levies): Amount Rs. 20 Lac, Tenure: 4 Years(48 Months), Processing Fee: Rs. 50,000, EMI: Rs. 54,143, APR: 13.49% (Fixed, monthly reducing).
Representative example 2: Amount Rs. 1,000,000, Tenure: 60 Months, Processing Fee: Rs. 50,000, Monthly EMI: ` 21,737, Processing Fees: 1.25%, APR: 10.99%.
NB! Total amount payable depends on the loan amount, percentage, terms and individual credit worthiness.
Minimum loan amount
Rs. 65,000
Maximum loan amount
Rs. 2,000,000
Minimum loan term
1 year
Maximum loan term
4 years
Interest Rate
11,99% - 23,99%
Minimum age
21 years
Loan granting
Good
Online application
fullertonapply...
Requirements:
  • - At least 21 years old;
  • - Less than 65 years old;
  • - Salaried with regular income;
  • - Earn more than the minimum income required (Rs.12,000 per month)
Representative example (excluding service tax and other statutory government levies): Amount Rs. 20 Lac, Tenure: 4 Years(48 Months), Processing Fee: Rs. 50,000, EMI: Rs. 54,143, APR: 13.49% (Fixed, monthly reducing)
NB! Total amount payable depends on the loan amount, percentage, terms and individual credit worthiness.
Minimum loan amount
Rs. 50,000
Maximum loan amount
Rs. 4,000,000
Minimum loan term
1 year
Maximum loan term
5 years
Interest Rate
10,99% - 17,99%
Minimum age
23 years
Loan granting
Good
Online application
m-icicibank.com
Requirements:
  • - At least 23 years old;
  • - Less than 65 years old;
  • - Salaried / Self Employed with regular income;
  • - Earn more than the minimum income required (minimum income required Rs.15,000 per month)
Representative example: Amount Rs. 1,000,000, Tenure: 60 Months, Processing Fee: Rs. 50,000, Monthly EMI: ` 21,737, Processing Fees: 1.25%, APR: 10.99%
NB! Total amount payable depends on the loan amount, percentage, terms and individual credit worthiness.
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