Any bank offering personal loan at 10% pa reducing interest rate for salaried

[Kiranonlinee]

Hi team,

Please share details of financial institutions/ banks offering personal loans at 10pa reducing intrest rate

 

[zealot]

Try with BOB bro, they offer between 10%(Min) to 16% (Max).

 

[Rider143]

sbi - zero process fee - 10%

 

[retr0rand0m]

Two weeks ago, I took an HDFC loan at 10.25% with no prepayment/preclosure charges.

This is the lowest in the market as many banks say starting from a lower number but often end up charging much higher interest rates.

 

[Suresh Jogini]

Two weeks ago, I took an HDFC loan at 10.25% with no prepayment/preclosure charges.

This is the lowest in the market as many banks say starting from a lower number but often end up charging much higher interest rates.

what's the eligibility criteria

 

[hks789]

Two weeks ago, I took an HDFC loan at 10.25% with no prepayment/preclosure charges.

This is the lowest in the market as many banks say starting from a lower number but often end up charging much higher interest rates.

Please recheck regarding the preclosure criteria. Also if they provide you with any top up offers cross check with this pre closure thing.
I too had taken one from HDFC at 10.35% with no prepayment. I was offered a topup after sometime and later when I tried to pre close the loan the penality was 4% of principle amount.

 

[retr0rand0m]

what's the eligibility criteria

You have to take a min of 10L. That is the only criteria I know.

Please recheck regarding the preclosure criteria. Also if they provide you with any top up offers cross check with this pre closure thing.
I too had taken one from HDFC at 10.35% with no prepayment. I was offered a topup after sometime and later when I tried to pre close the loan the penality was 4% of principle amount.

I did recheck with CC, they reconfirmed it does not have any charges.

 

[V360V360 is verified member.]

You have to take a min of 10L. That is the only criteria I know.

I did recheck with CC, they reconfirmed it does not have any charges.

That's correct - i just closed my PL which was above 10 Lacs and they did not put any extra charges on foreclosure.

Any idea if the same is applicable on car loan or any support team I can reach out to in order to get rid of foreclosure charges.

TIA 🙂

 

[retr0rand0m]

Any idea if the same is applicable on car loan or any support team I can reach out to in order to get rid of foreclosure charges.

No idea about Car Loans. Just reach out to your RM and ask them about it.
I think they will not budge on any other loans other than personal loans but no harm in trying out.