#### Apply for a Instant Personal loan today in {{city | titlecase}}.

Get your instant personal loan approved within days with transparent lending criteria and transparent processes.

- Current personal loan interest rates start @10.25% Check Best Offers
- Compare personal loan rates of different banks to get the best offer from HDFC Bank, Tata Capital, ICICI Bank, IDFC First Bank, Axis Bank
- Taking a personal loan in {{city}} can help you when you need money without too much hassle. It is convenient because you repay it all, over some time in pocket-friendly installments. And you can get quick approval and disbursal with little or no paperwork and minimal KYC documents.

##### Apply for Personal loan

Your Full Name FullName is required
Mobile No. Mobile Number is required
Current Place of Residence Pincode
Pincode is required
Current Place of Residence
Current City is required
Employment Type
Employeement is required
Loan amount Required Loan Amount is required
Net Monthly Income Monthly Income is required
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## EMI Calculator

Fill up the detail and calculate EMI

Loan Amount(Principal Amount) Amount is required
Interest Rate(%) Interest Rate is required
Loan Duration(Month) Please enter loan duration(month)

###### Monthly EMI

#### ₹ {{payment}}

###### Amount Payble

#### ₹{{amountPayable}}

###### Principal Amount

#### ₹{{displayAmount}}

###### Total Interest Payable

#### ₹{{interest}}

### What is Personal Loan

A personal loan is an unsecured loan that you can take from a bank or NBFC for any personal use including medical emergency, paying off old debts, travel, home improvement, education fees or wedding. Being an unsecured loan means you are not required to pledge any collateral or security with the bank. The loan repayment is done in the form of EMIs over a fixed tenure. You can avail loan online through the bank's website, app-based lenders, by applying on Credit or by visiting the nearest branch of the bank.

#### Features and Benefits of Personal Loan

Given are the features and benefits of a personal loan:-

##### Unsecured Loan

Personal loan does not require any collateral or security such as a house, car or jewellery. Loan approval is based on your creditworthiness and employment profile which is reflected by your credit score.

##### Flexible End-use

The loan amount can be used for various purposes like meeting expenses of a medical emergency, travel, house renovation, debt consolidation, etc. There is no end-use monitoring by banks.

##### Flexible Tenure

You can choose the tenure as per your requirement. The tenure ranges between 2 months to 60 months.

##### Minimal Documentation

You are only required to submit minimal documents including documents for identity proof, address proof and income proof.

##### Quick Disbursal

You can have a loan amount credited to your account within 48 hours to 72 hours. If it’s a pre-approved offer then the loan can get sanctioned within a few hours.

### How to Apply for a Best Personal Loan Online?

There are many personal loan providers in {{city}} but choosing the right one matters the most.To apply for an online best personal loan, either you can visit the official website of the lender or perform the following steps:-

- Step 1 : If you need a thorough personal loan comparison before deciding on the bank, visit credit.nsserver.in.
- Step 2 : Click on the Personal Loan tab.
- Step 3 : Fill in the required information like name, contact No, loan amount required,panCard No etc on the form given on the right side.
- Step 4 : Click on ‘Submit Button'.
- Step 5 : At this step, you will be requested to provide a few more details to get customised offers.
- Step 6 : Compare your eligible offers and select the one that meets your requirements.
- Step 7 : Get assistance from our loan advisors or choose to complete the online journey to get instant loan approval and disbursal.

### Documents Required for Personal Loan

You need to be ready with the following list of documents to be submitted at the time of personal loan application:-

- Identity proof- PAN Card, Aadhaar Card,Passport-size photo 1 Nos.
- Address proof- Passport, Driving License, Election ID card, Utility bills
- Income proof- 3 Month Salary Slip(Latest),6 Month Bank Account Statement, Form 16
- Self-employed professionals are also required to submit last year's ITR and Bank Account Statement.

### Personal Loan EMI Calculator

Personal Loan EMI Calculator is an online tool that helps you to calculate the EMI by entering details about the loan amount, interest rate and tenure. Advanced EMI calculators also build an amortization schedule which gives you a break up of every EMI into interest as well as loan repayment. EMI calculators are preferable over manual calculation due to their instant and accurate results and an ability to do multiple calculations in one go.

### Personal Loan Eligibility Criteria

You need to be ready with the following list of documents to be submitted at the time of personal loan application:-

- Age : The minimum and maximum age to avail personal loan is 18 to 65 years. However, many banks require a minimum age of 21 years.
- Loan Amount : You can get a Loan of upto ₹ 75 Lakh, subject to your eligibility calculated based on your net take-home salary. Some banks usually limit the maximum eligibility to 10 – 27 times of net monthly income.
- Employment : Salaried persons working in government, private, or MNC companies can avail of a loan by submitting relevant proofs such as ITR and salary slips.
- Work Experience : The minimum work experience may vary in banks. However, banks prefer individuals with job stability with at least 3 years of total experience and 6-12 months of current work experience.
- Credit Score : Lenders may only approve your loan at low-interest rates if you have a 650 or more credit score.

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### How to Get Instant Approval on Personal Loan?

To get instant approval on a personal loan, you need to fulfil the following conditions:-

- A good relationship with your existing bank is maintained by paying off dues and instalment on time. If you are a savings account holder, ensure that you maintain the minimum required balance per month. This way, the lender develops trust in you and grants you an instant loan based on your financial credibility.
- Make credit card payments on time and maintain a good balance between no use and excessive usage of your credit card.
- A good credit score is key to getting a loan quickly. Maintain a good credit score above 650 and get the loan amount sanctioned in the account within no time.
- If you are working with top corporations and getting timely salary credits, you stand a better chance of getting a loan.

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###### Personal Loan by Top Banks

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