Lowest Personal Loan interest rate for salaried person

[CreditFreak]

What is lowest personal loan interest rate currently and provided by which bank for salaried person witch good cibil score.? which bank is providing PL with lowest processing charge and foreclosure charge?

 

[bharathnalla]

I am thinking of getting a personal loan as well, currently I have from Hdfc (1yr old ig 10.5-10.75% was the rate with very less processing)

I was looking online and it shows that bandhan Bank is giving loan at minimum 9.47% this month.

Any other bank I should look into?
I am in tier 3 Haryana.

Bandhan bank must have some criteria like PSU employees salary account bla bla

 

[Raghav2006]

Bandhan bank must have some criteria like PSU employees salary account bla bla

Ok understood, then I won't be able to cover it.
I guess then for pvt. salaried employees HDFC is the best case.

And suggestion for you, try to apply through paisabazaar and give your secondary number as they might spam, but they'll get you the best rate and without processing fee.

In my case when I got mine from them last year, the lowest roi was 10.5 but they were only able to get me 10.7, I calculated that my loss due to this was around 4-5k, hence they got me Amazon pay voucher for that amount after 90 days.

And please do negotiate, and get Everything done with them over official email.

 

[bharathnalla]

Ok understood, then I won't be able to cover it.
I guess then for pvt. salaried employees HDFC is the best case.

And suggestion for you, try to apply through paisabazaar and give your secondary number as they might spam, but they'll get you the best rate and without processing fee.

In my case when I got mine from them last year, the lowest roi was 10.5 but they were only able to get me 10.7, I calculated that my loss due to this was around 4-5k, hence they got me Amazon pay voucher for that amount after 90 days.

And please do negotiate, and get Everything done with them over official email.

Now the processing fee is 6500 + GST in HDFC. I’m taking only 4.5L short term PL. It will be really great if they give loan without the processing fee

 

[Raghav2006]

Now the processing fee is 6500 + GST in HDFC. I’m taking only 4.5L short term PL. It will be really great if they give loan without the processing fee

I was told the same last year, try paisabazaar, those guys negotiate hard.

Is there any type of loan for only 2-3 months?
I need funds for this much period of time only.

 

[bharathnalla]

I was told the same last year, try paisabazaar, those guys negotiate hard.

Is there any type of loan for only 2-3 months?
I need funds for this much period of time only.

Try loan on credit card @15%

 

[Raghav2006]

Try loan on credit card @15%

No, that's too high, I might be better off taking extra personal loan and then when I get funds from my own source, I'll pay back the bank.

 

[fradela]

Try loan against Mutual Funds & Sovereign Gold Bonds.

Get Loan Against Mutual Fund Units Online in India | SBI - Personal Banking

Get Loan Against Mutual Fund Units Online in India at SBI. Look for various features which contain the minimum & maximum amount, interest rates & renewals.

sbi.co.in

Loan against Securities and Consumer Durable Loans - Interest Rates

sbi.co.in

Around 10% interest.

 

[mukesh01]

I was told the same last year, try paisabazaar, those guys negotiate hard.

Is there any type of loan for only 2-3 months?
I need funds for this much period of time only.

Can. you check BoB, they have lower processing fee and zero forclosure charges, interest rate can be somewhat higher like 12-13%.

 

[bharathnalla]

Can. you check BoB, they have lower processing fee and zero forclosure charges, interest rate can be somewhat higher like 12-13%.

How much processing fee?

 

[Raghav2006]

Can. you check BoB, they have lower processing fee and zero forclosure charges, interest rate can be somewhat higher like 12-13%.

Understood, will check with them for the loan I need for a quarter.

 

[mukesh01]

How much processing fee?

I took one loan from BoB and there was no processing fee because of salary account, have closed that.
You will have check with bank for good offers and I would suggest to go to physical branch because in terms of personal loan branch is more helpful than online.

 

[iamdhamo]

I am thinking of getting a personal loan as well, currently I have from Hdfc (1yr old ig 10.5-10.75% was the rate with very less processing)

I was looking online and it shows that bandhan Bank is giving loan at minimum 9.47% this month.

Any other bank I should look into?
I am in tier 3 Haryana.

How do u check interest rate with hdfc? For me it shows above 11 and I have good cibil score as well and also salary acc is with hdfc via online. Are you checking via offline mode?

 

[Raghav2006]

How do u check interest rate with hdfc? For me it shows above 11 and I have good cibil score as well and also salary acc is with hdfc via online. Are you checking via offline mode?

No, I don't know how I can check it now, I know my rate since the time I got this loan last year.
That's why I am telling approx not exact, but I am sure that it is 10.7