Personal Loan in Patna

If you are residing in Patna and looking for funds, have a look at the personal loan interest rates and eligibility criteria for top banks in your city.

Top Banks Offering Personal Loan in Patna

Bank NameMain Branch AddressRate of Interest
State Bank of India (SBI)Main Road, Kankarbagh, Near KFC, Patna, Bihar 80002010.65% - 15.05%
HDFC12, Boring Rd, Gandhi Nagar, Anandpuri, Patna, Bihar 80001311.25% - 21.25%
ICICIBihar State Financial Corporation, Fraser Rd, Old Jakkanpur, Raja Ji Salai, Indira Nagar, Patna, Bihar 80000110.99% - 18.49%
AxisExhibition Rd, Ali Nagar Colony, Salimpur Ahra, Golambar, Patna, Bihar 800001

15.50% - 24.00%

Punjab National BankBoring Rd, Sri Krishna Puri, Patna, Bihar 80001311.20% - 14.95%
Bank of IndiaMain Rd, Rajeev Nagar, Patna, Bihar 80002411.90% - 13.90%
Bank of BarodaOpposite To Corporation Bank, Exhibition Rd, Patna, Bihar 800001

11.70% - 16.70%

Central Bank of IndiaMaurya Lok Complex, New Dak Bungalow Rd, Fraser Road Area, Patna, Bihar 80000110.20% - 12.45%
IDBI BankDanapur Main Road, Bibiganj, Danapur, Patna, Bihar 80150312.39% - 13.39%

Personal Loan Interest Rates in Patna

ParticularsDetails
Interest Rates10.75% - 25.00%
Processing Fee1%-3% of the loan amount + GST
Pre-payment Charges3%-5% of the principal outstanding + GST
Repayment Period Upto 5 Years
Lowest EMI ₹2,204-2,935 (per Lakh)

Personal Loan Calculator

Talking about a personal loan EMI calculator online, no doubt this magical tool is always there to ease your burden. The device with its simple algorithm and the fastest process does all the complex calculations in just a few seconds. You just need to feed-Loan Amount, Tenure and Interest Rate, and the moment you enter the same, the device starts functioning and fetches the results in front of you. With the help of the same, you can get to know the exact calculations of your EMIs, Interest Outgo and Total Amount Payable towards a personal loan.

Below is the example for you to understand how you can calculate the EMI on your personal loan with the help of an EMI calculator. The calculations are based on a loan amount of Rs.5 Lakh, taken for a tenure of 5 years at an interest rate of 11% 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

Personal Loan Eligibility

The basic eligibility criteria for availing a personal loan is as follows:

Salaried

Age: 21-60 Years
Income: ₹1,44,000-1,80,000 p.a.
Overall Work Experience: 2-3 Years
Work Stability with Current Employer: 1 Year

Self-employed

Age: 24-65 Years
Income: ₹1,80,000-2,00,000 p.a.
Stability in the same Profession: 3 Years

Documents Checklist

  • 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

People Also Look For

Personal Loan Interest Rates June 2018
Bajaj Finserv 10.99% - 16.00%
Fullerton India 14.00% - 33.00%
HDFC Bank 11.25% - 21.25%
ICICI Bank 10.99% - 18.40%
IndusInd Bank 10.99% - 16.00%
Kotak Bank 10.99% - 20.99%
RBL 13.00% - 18.00%
Standard Chartered Bank 10.99% - 14.49%
Tata Capital 10.99% - 18.00%
Home Loan Interest Rates June 2018
State Bank of India/SBI 8.45% - 9.00%
HDFC 8.50% - 9.15%
Bank of Baroda 8.45% - 9.45%
LIC Housing 8.45% - 8.90%
PNB Housing Finance 8.40% - 8.99%
ICICI Bank 8.50% - 9.05%
Axis Bank 8.40% - 8.75%
Citibank 8.40% - 9.20%
Indiabulls Housing Finance Limited 8.50% - 10.80%
Kotak Bank 8.60% - 8.70%
DHFL 9.05% - 9.95%
Reliance Home Finance 8.75% - 10.00%
EMI Calculator