Personal Loan in Pune

Personal Loan Providers in Pune

Bank NameMain Branch AddressRate of Interest
State Bank of India (SBI)RB Motilal Kennedy Rd, Shivajinagar, Pune, Maharashtra 41100510.75% - 15.15%
HDFC21/6, MIT Marathon, Bund Garden, Pune 411001


11.25% - 21.25%
ICICI579, sadashiv peth, shagun chowk, laxmi road, Umbarya ganpati chowk, Pune, Maharashtra 41103010.99% - 18.49%
AxisIndraprushti Opp. F.C. F.C. Road, 2, Law College Rd, Deccan Gymkhana, Pune, Maharashtra 411004

15.50% - 24.00%

Punjab National BankNo. 1/2/3, Survey No 127/1, Gaikwad Heights, Near Hotel Sarja Lane, Aundh Gaon, Pune, Maharashtra 41100711.25% - 15.00%
Bank of IndiaNear Abhimanshree Society, Pashan Rd, Pashan, Pune, Maharashtra 41100811.90% - 13.90%
Bank of BarodaShop No.114/511/117, Kondhwa Main Road, S No. 13/2/1, Kondhwa Budruk, Opposite Talab Farm, Kondhwa Rd, Badhan Nagar, Kondhwa, Pune, Maharashtra 41104811.75% - 16.75%
Central Bank of IndiaS No. 131/1/1A, Near Balewadi Phata, Royal Empress Apartment, Opposite Orchid School Main Road, Baner Rd, Lalit Estate, Baner, Pune, Maharashtra 41104610.25% - 12.50%
IDBI BankGround Floor, Jay Raj Home, Near Navale Hospital, Main Road, Narhe, Pune, Maharashtra 41104112.00% - 14.00%

Personal Loan Interest Rates in Pune

ParticularsDetails
Interest Rates10.75% - 25.00%
Processing Fee1%-2.00% of the loan amount+GST
Pre-payment Charges3%-5.00% of the principal outstanding+GST
Repayment Period Upto 5 Years
Lowest EMI ₹2,204-2,935 (per Lakh)

Personal Loan Calculator

A personal loan EMI calculator online is one such magical tool that helps you in knowing your EMIs, interest outgo and total amount payable for a loan in the best way. This smart device with its simple algorithm functions so quickly that it converts the complex calculation within few seconds. It lets you know about your EMIs, interest outgo and total amount payable in the easiest and simpler manner. All it does is that takes into consideration the tenure, loan amount and interest rate, and in return gives you the exact calculations of your EMIs, interest outgo and total amount payable. Let’s understand this thing with the help of an example listed below.

Suppose, Akash Sharma, a 28-year-old, Marketing Head of a leading organization is looking to buy a personal loan of ₹2 Lakh so that he can pay his credit card debt. And, the best thing is that after checking his profile, one lender has agreed to offer him the same amount at an interest rate of 15% per annum for a tenure of 5 years. But before signing the deal, Akash wants to know, whether his EMIs are going to be pocket-friendly or not.  Thus, he used an EMI calculator for the same. Go to the table below to know more about the calculations.

Table Showing EMI, Interest Outgo, and Total Repayment Amount

Loan AmountInterest RateTenureMonthly InstalmentTotal Interest AmountTotal Amount
₹ 2,00,00015%1₹ 18,052₹ 16,620₹ 2,16,620
₹ 2,00,00015%2₹ 9697₹ 32,736₹ 2,32,736
₹ 2,00,00015%3₹ 6933₹ 49,590₹ 2,49,590
₹ 2,00,00015%4₹ 5566₹ 67,175₹ 2,67,175
₹ 2,00,00015%5₹ 4758₹ 85,479₹ 2,85,479

EMI, Total Interest Outgo, Total Repayment (Interest + Principal)

YearPrincipalInterestBalance Amount
1₹ 29,038₹ 28,057₹ 1,70,961
2₹ 33,706₹ 23,389₹ 1,37,254
3₹ 39,125₹ 17,971₹ 98,129
4₹ 45,414₹ 11,681₹ 52,715
5₹ 52,773₹ 4381₹ 0

Personal Loan Eligibility

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 Same Profession: 3 Years

Documents Required for Personal Loan Pune

  • 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

Easy Personal Loan in Pune

Availing a personal loan in Pune is easy as there are many top banks are there, best known for offering the lucrative deals to all. These lenders by offering the credit at competitive rates, minimal charges and flexible repayment options ensure that you grab the best deal. You can either visit the nearby branch or you can also apply online to get the credit instantly.

About Personal Loan in Pune

The cultural capital of Maharashtra, there is no denying that Pune is the best in every aspect. This beautiful city is not only known for its vibrant and colorful culture, but it is also a home of many top-notch IT as well as financial companies. When it comes to finance, this city will never disappoint the people as it has a wide network of public as well as private lenders, fulfilling the needs of all.

When it comes to a personal loan, it offers many features and benefits to the borrowers. Yes, it is easy to avail, the loan will be disbursed shortly, it comes with easy repayment options and last but not the least, you can buy it to meet any personal need of yours, without thinking much.

People Also Look For

Personal Loan Interest Rates August 2018
Bajaj Finserv10.99% - 16.00%
Fullerton India14.00% - 33.00%
HDFC Bank11.25% - 21.25%
ICICI Bank10.99% - 18.40%
IndusInd Bank10.99% - 16.00%
Kotak Bank10.99% - 20.99%
RBL13.00% - 18.00%
Standard Chartered Bank10.99% - 14.49%
Tata Capital10.99% - 18.00%
Home Loan Interest Rates August 2018
State Bank of India/SBI8.45% - 9.00%
HDFC8.70% - 9.40%
Bank of Baroda8.50% - 9.50%
LIC Housing8.45% - 8.90%
PNB Housing Finance8.99% - 10.75%
ICICI Bank8.55% - 8.80%
Axis Bank8.50% - 8.85%
Citibank8.85% - 9.65%
Indiabulls Housing Finance Limited8.70% - 9.85%
Kotak Bank8.65% - 8.75%
DHFL9.05% - 9.95%
Reliance Home Finance8.75% - 10.00%
EMI Calculator