Personal Loan Rates 2018 1285 views
Quotes from 18 banks | Instant Approval | Maximum Loan Eligibility
Table of Contents
Top Banks Offering Personal Loan in Gurugram
|Bank Name||Main Branch Address||Interest Rate|
|State Bank of India (SBI)||Block M, Old DLF Colony, Sector 14, Gurugram, Haryana- 122001||10.65% - 15.05%|
|HDFC Bank||Main Market, Sector 14, Gurugram, Haryana-122001||11.25% - 21.25%|
|ICICI Bank||Shop No:109, 110, 112, 140, 141, 142, 143,, Central Arcade, Dakshin Marg, DLF City Phase-II, Heritage City, Sector 25, Gurugram, Haryana-122001||10.99% - 18.49%|
|Axis Bank||Huda Market, Sector-46, SCO 120, Basement, Ground & 1st Floor, Gurugram, Haryana- 122001|
15.50% - 24.00%
|Punjab National Bank (PNB)||Bhanu Complex, Mahatma Gandhi Road, Sukhrali, Gurugram, Haryana-122002||11.20% - 14.95%|
|Bank of India||DSS 84-85, Sector-40, Gurugram, Haryana 122001||11.90% - 13.90%|
|Bank of Baroda||Ground Floor, Peach 3 Building, Shushant Loak, Phase-1, Block C, Sector 43, Gurugram, Haryana- 122009|
11.70% - 16.70%
|Central Bank of India||Main Road, Near Bata Showroom, Sohna Road, Gurugram, Haryana-125001||10.20% - 12.45%|
|IDBI Bank||No. 6-7, Vipul Square, Sector Road, Block B, Sushant Lok Phase-1, Gurugram, Haryana- 122002||12.39% - 13.39%|
Personal Loan Interest Rates in Gurugram
|Interest Rate||10.75% - 25.00%|
|Processing Fee||1%-2.50% of the loan amount plus service tax, if any|
|Prepayment/Part-payment Charges||3%-5% of the principal outstanding|
|Lowest Per Lakh EMI||₹ 2,204-2,935|
Personal Loan EMI Calculator Gurugram
When it comes to a personal loan EMI calculator online, it would not be wrong to say that this magical device with its simple algorithm and fastest process allows you to know the exact calculations of your monthly installments, Interest Outgo and Total Amount Payable in just a few seconds. This smart tool functions so quickly and works on a functionality, wherein it calculates the results without any hassle. After taking into account-Interest Rate, Loan Amount and Tenure, this device fetches the results for you in the best way.
For your reference, below is a table showing the calculations of a loan amount of ₹4 Lakh, taken for a tenure of 5 years at an interest rate of 12.49% per annum.
Table Showing EMI, Interest Outgo, and Total Repayment Amount
|Loan Amount||Interest Rate||Tenure||Monthly Instalment||Total Interest Amount||Total Amount|
EMI, Total Interest Outgo, Total Repayment (Interest + Principal)
Eligibility to Avail Personal Loan in Gurugram
- Salaried, while applying for a car loan, must have attained a minimum age of 21 years at the time of application. Self-employed should be 24 years by the time he/she applies for a personal loan. Salaried and self-employed must not be over 58 years and 65 years, respectively, at the end of the loan tenure.
- Salaried must have a net monthly income of ₹ 20,000, while self-employed should have an annual income of ₹ 1,00,000 to bag away the personal loan.
- A minimum 1-year work experience is needed for a salaried. Self-employed must have been doing the business for not below 3 years.
Documents You Need to Submit
- Identity Proof- PAN Card/Voter ID/Driving License/Aadhar Card/Passport
- Address Proof- Utility bill/Passport/Voter ID/Aadhar Card
- Income Proof- Latest Salary Slip/ ITR/Form-16
- Bank Statement- Last 3-6 Month Bank Statement
About Personal Loan in Gurugram
Come to the cyber city of Gurugram and you will never look back at all. Gurugram is a home to over 250 fortune 500 companies. The industrial growth of the city started when Maruti Suzuki, the leading automobile maker, set up a manufacturing facility there in the 1970s. During the twilight of the 20th century, came the American brand General Electric with a manufacturing unit in Gurugram in 1997. One of the most renowned offshore centres in the world, Gurugram today offers a gamut of offshore solutions in the areas of information technology, software and others.
Virtually for realizing every single wish under the sun, a personal loan is what you have to apply for. Wishes, as you would know, cannot be measured both in quantitative and qualitative terms. While some would like to experience the riveting locales of Barcelona, there can be many wanting to bring home the all-new smartphone that would have taken the market by a storm. You can avail a loan for as many as 5 years and repay it through the EMIs, including the portions of both principal and interest repayments.