Personal Loan Rates 20181457 views
Table of Contents
Personal Loan Providers in Pune
|Bank Name||Main Branch Address||Rate of Interest|
|State Bank of India (SBI)||RB Motilal Kennedy Rd, Shivajinagar, Pune, Maharashtra 411005||10.95% - 15.35%|
|HDFC||21/6, MIT Marathon, Bund Garden, Pune 411001||11.25% - 21.50%|
|ICICI||579, sadashiv peth, shagun chowk, laxmi road, Umbarya ganpati chowk, Pune, Maharashtra 411030||10.99% - 18.49%|
|Axis||Indraprushti Opp. F.C. F.C. Road, 2, Law College Rd, Deccan Gymkhana, Pune, Maharashtra 411004||15.75% - 24.00%|
|Punjab National Bank||No. 1/2/3, Survey No 127/1, Gaikwad Heights, Near Hotel Sarja Lane, Aundh Gaon, Pune, Maharashtra 411007||12.00% - 15.00%|
|Bank of India||Near Abhimanshree Society, Pashan Rd, Pashan, Pune, Maharashtra 411008||12.00% - 14.00%|
|Bank of Baroda||Shop No.114/511/117, Kondhwa Main Road, S No. 13/2/1, Kondhwa Budruk, Opposite Talab Farm, Kondhwa Rd, Badhan Nagar, Kondhwa, Pune, Maharashtra 411048||11.80% - 16.80%|
|Central Bank of India||S No. 131/1/1A, Near Balewadi Phata, Royal Empress Apartment, Opposite Orchid School Main Road, Baner Rd, Lalit Estate, Baner, Pune, Maharashtra 411046||11.25% - 12.60%|
|IDBI Bank||Ground Floor, Jay Raj Home, Near Navale Hospital, Main Road, Narhe, Pune, Maharashtra 411041||12.00% - 14.00%|
Personal Loan Interest Rates in Pune
|Interest Rates||10.75% - 25.00%|
|Processing Fee||1%-2.00% of the loan amount+GST|
|Pre-payment Charges||3%-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 Amount||Interest Rate||Tenure||Monthly Instalment||Total Interest Amount||Total Amount|
|₹ 2,00,000||15%||1||₹ 18,052||₹ 16,620||₹ 2,16,620|
|₹ 2,00,000||15%||2||₹ 9697||₹ 32,736||₹ 2,32,736|
|₹ 2,00,000||15%||3||₹ 6933||₹ 49,590||₹ 2,49,590|
|₹ 2,00,000||15%||4||₹ 5566||₹ 67,175||₹ 2,67,175|
|₹ 2,00,000||15%||5||₹ 4758||₹ 85,479||₹ 2,85,479|
EMI, Total Interest Outgo, Total Repayment (Interest + Principal)
|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
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
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.