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Personal Loan in Delhi
We, at Retail Loans, offer a wide range of options when it comes to Personal Loan in Delhi.
Taking a Personal Loan is an extremely important decision for an individual. We understand the significance and thereby support you to get the best services and save your loan cost.
For providing best options for Personal Loan in Delhi we have partnered with quite a few banks and financial institution that will support you to get Personal Loan in Delhi at the best possible rates, enhanced services and timely responses.
Noteworthy features of Retailloans platform-
- Partnering with major banks and financial institution offering best rate for Personal Loan in Delhi.
- User gets an opportunity to evaluate from a number of offerings and gets to take an informed decision
- We are not an mediator/subsidiary of any bank or financial institution and thus provide you a complete unbiased approach.
- Our platform is completely free for use
Things to Consider Before applying Personal Loan in Delhi
- Processing charges of the Banks/financial institutions as applicable for Loan in Delhi
- Are there any Pre-payment charges if any
- What are the Interest rate of Banks/financial institutions applicable
- Always ensure to go through Banks/ financial institutions T&C before applying for Loan
- How much is the EMI for my Loan - Click Here
- Compare loan offers of multiple banks - Click Here
- Check your loan eligibility? - Click Here
Personal Loan FAQs
Personal loans help the households meet any shortfall they experience in buying a house or a car, in children's higher education, or even in cases of medical contingencies, among other things.
Here's a low down on personal loans to understand them better.
Personal loan is an all-purpose loan to meet every individual’s needs, which is given in most cases without any kind of security. It can be handy when one require the same urgently.
No! A personal loan does not require collateral. Your proof of income will be all that you need along with other mandatory documents for availing the loan.
Salaried Individual
Self Employed
Self-employed, professionals and small business owners with satisfactory track record of at least 3 years can apply.Salaried who are employed for over 2 year in a confirmed employment contract are also eligible.
For a salaried person the salary should be more then 25000 Rs and for self-employed the average monthly turnover of last 2 Years to be more then 50000
Minimum age 21 years
Maximum age 58 years (At maturity of loan, the borrower’s age should be not more than 60years or normal retirement age, whichever is earlier for salaried employee)
For salaried person the maximum loan amount that can be provided is 10- 12times the net monthly income.
For self-employed the maximum loan amount that can be provided will be 8%-10% of the average monthly turnover of the last 2 years .
It also depends on the current obligations & Running loan.
Personal loan rate of interest starts @ 11%. But it varies depending upon the income factor, employment , CIBIL & over all financial health
It depends on eligibility factor. It can ranges from Rs 1 Lac to Rs 20 Lac. Please refer our eligibility calculator for more knowledge.