Personal Loan in Lucknow

Top Banks Offering Personal Loan in Lucknow

Bank NameMain Branch AddressRate of Interest
State Bank of India (SBI)Tarawali Kothi Motimahal Marg, Hazratganj, Lucknow, Uttar Pradesh-22600111.35% - 15.10%
HDFC BankHDFC Bank Ltd., 31/31 M.G Road Hazratganj, Lucknow, Uttar Pradesh-22600110.99% - 20.99%
ICICI BankNo. 14A, Shakutalam Plaza, Kanpur Road, Bara Birwa, Alambagh, Lucknow, Uttar Pradesh-22600510.99% - 18.49%
Axis BankHalwasiya House,11 M.G. Marg,Hazratganj,Lucknow,Uttar Pradesh-226001

15.50% - 24.00%

Punjab National Bank (PNB)4, Vibhuti Khand, Opp Picup Building, Gomti Nagar, Lucknow, Uttar Pradesh-22601012.40% - 13.65%
Bank of IndiaStar House, Vibhuti Khand, Gomti Nagar, Lucknow, Uttar Pradesh-22601011.80% - 13.80%
Bank of BarodaBaroda House, 3rd Floor, V-23, Vibhuti Khand, Gomti Nagar, Lucknow, Uttar Pradesh-226010

11.55% - 16.55%

Central Bank of IndiaP.B. No-10, Akash Deep, 23, Vidhan Sabha Road DIST- Lucknow, Uttar Pradesh-22600110.05% - 12.30%
IDBI BankIDBI Bank, 3rd Floor, Regional Office, Kisan Sahkari Bhavan, 2 M.G Marg, Hazratganj, Lucknow, Uttar Pradesh-22600112.49% - 13.49%

Personal Loan Interest Rates in Lucknow

Interest Rate10.99% - 25.00%
Processing Fee1%-2.50% of the loan amount plus service tax, if any
Prepayment/Part-payment Charges3%-5% of the principal outstanding
Tenure/Repayment1-5 years
Lowest EMI₹ 2,204-2,935

Personal Loan EMI Calculator in Lucknow

Want to calculate your EMIs but don’t know how to do the same? Well, the simplest and fastest way is to use a personal loan EMI calculator online. This smart tool after taking into account-Loan Amount, Tenure and Interest Rate calculates the EMIs, Interest Outgo and Total Amount Payable on a personal loan. It fetches the values for you in just a few seconds, hence making your personal loan journey a hassle-free experience.

For your better understanding, below is a table showing the calculations of a loan amount of ₹2 Lakh, taken for a tenure of 5 years at an interest rate of 12.45% 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)

Year Principal Interest Balance Amount


Eligibility Criteria

AgeMinimum of 21 years at the time of loan application

Maximum of 58 years by the time loan matures
Minimum of 24 years at the time of loan application

Maximum of 65 years by the time loan matures
IncomeA minimum net monthly income of ₹ 20,000 is neededA minimum net annual income of ₹ 1,00,000 is needed
StabilityA minimum work experience of 1 year is neededA 3-year continuation in the same line of business is needed

Documents Required

  • Identity Proof- PAN Card/Voter ID/Driving License/Aadhar Card/Passport
  • Address Proof- Utility bill/Passport/Aadhar card/Voter ID
  • Income Proof- Latest Salary Slip/ ITR/Form-16
  • Bank Statement- Last 3-6 Month Bank Statement

About Personal Loan in Lucknow

Lucknow, proudly called as the city of Nawab, is a vital centre for administration, commerce, finance, aerospace, technology, tourism, among others. When it comes to the economic growth, Lucknow is worth a mention as the city houses different industry segments such as aeronautics, furniture, distillery chemicals, machine tools, etc. To let these businesses flourish in Lucknow, banks and other financial institutions are scattered around the city with tailor-made loan products.

Want to meet your financial requirements? Apply for a personal loan, which is a type of credit offered by the lenders to let consumers avail several purposes such as travelling abroad, buying consumer durables or cars, getting funds for medical emergencies, etc.

People Also Look For

Personal Loan Interest Rates March 2018
Bajaj Finserv 10.99% - 16.00%
Fullerton India 14.00% - 33.00%
HDFC Bank 10.99% - 20.99%
ICICI Bank 10.99% - 18.40%
IndusInd Bank 10.99% - 16.00%
Kotak Bank 10.99% - 17.99%
RBL 13.00% - 18.00%
Standard Chartered Bank 10.99% - 14.99%
Tata Capital 10.99% - 18.00%
Home Loan Interest Rates March 2018
State Bank of India/SBI 8.35% - 8.80%
HDFC 8.35% - 8.95%
Bank of Baroda 8.30% - 9.30%
LIC Housing 8.35% - 8.70%
PNB Housing Finance 8.35% - 8.70%
ICICI Bank 8.35% - 8.85%
Axis Bank 8.35% - 8.75%
Citibank 8.40% - 9.25%
Indiabulls Housing Finance Limited 8.35% - 11.25%
Kotak Bank 8.35% - 8.50%
EMI Calculator