Personal Loan in Delhi

A personal loan can be used to meet sudden financial hurdles in your life. Many leading Banks and NBFCs offer personal loan in Delhi from Rs 50,000 to Rs 50 lakhs based on eligibility of customer without any need of collateral or guarantor. One can avail a personal loan for multiple reasons including medical expenses, travel, marriage, debt consolidation, credit card bill payments and so on.

Delhi is the capital city of India and world’s second most populous city in terms of metropolitan region. It is bordered by Uttar Pradesh to the east and Haryana on remaining sides. Delhi is governed by the central government of India as well as the state government of Delhi and it has its own high court, legislature and an executive council of ministers. Apart from this, it has become a hub for many top businesses including  IT, SMEs, Financial Institutions, Residential etc.., and home of 18 billionaires and 23,000 millionaires.With the increase in career opportunities and rapid growth in population, many leading Banks and NBFCs established their multiple offices across the city to serve people in Delhi.

Personal Loan Providers in Delhi


Personal Loan in Delhi: Eligibility Criteria

  • Employment Type – Salaried/Self-employed professionals/non-professionals.
  • Employment Status – Employed/In-business for at least 2 yrs, at least 1 yr with current employer/business.
  • Income – Minimum 15k net income per month.
  • Loan Amount – 50,00 to 50 Lakhs.
  • Age limit – 21 to 60 years.
  • Good CIBIL score – 350 to 900.

Personal Loan Interest Rates and Processing Fee of Leading Banks and NBFC in Delhi

Banks & Financial InstitutionsInterest RatesProcessing Fee (Does not include GST)
Axis Bank11.25% - 24.00%1.5% - 2.0%
Bajaj Financial Services11.99% - 15.50%2.25% - 3%
Bank of Baroda11.60% - 16.60%2% (Min Rs. 250)
Bank of Maharashtra15.10% - 15.10%1.00% (Min. Rs. 1000)
Canara Bank13.65% - 13.65%1.00% - 2.5%
Citi Bank10.99% - 16.49%2% - 3%
Corporation Bank12.75% - 13.75%1.5% (Min Rs. 500)
Dena Bank13.00% - 14.00%1.00% - 2.5%
Federal Bank13.32% - 15.12%0.5% - 1%
HDFC Bank10.99% - 20.00%Rs. 1,000 - Rs. 30,000
ICICI Bank10.99% - 22.00%Up to 2.25%
IDBI Bank13.20% - 13.75%1% - 2%
IDFC Bank11.00% - 19.50%2% - 2.5%
IndusInd Bank11.99% - 23.00%Up to 2.50%
Kotak Bank11.50% - 24.00%Up to 2.50%
Punjab National Bank12.25% - 15.25%1% - 2%
RBL Bank13.99% - 16.00%Up to 2%
Standard Chartered Bank11.49% - 20.00%1% - 2%
State Bank of India12.50% - 16.60%2% - 3%
Syndicate Bank14.20% - 14.20%0.5% (Min Rs. 500)
Tata11.99% - 18.00%0.02
Union Bank of India14.40% - 14.40%0.50% (Min Rs. 500)
Vijaya Bank12.50% - 13.50%0.25% (Max Rs. 10000)
Yes Bank11.99% - 20.00%1.5% - 2.0%

How to Apply for Personal Loan In Delhi

Standing in long queues for applying and waiting for weeks to get personal loan approval from banks are long gone. Anyone can apply for a personal loan by simply filling their details in online application or inquiry form on the website related to banks or NBFCs. Based on eligibility and loan requirement applicant will receive email or phone call by a representative to verify applicant documents and details present on inquiry form for loan submission. Before applying for a personal loan take a look at the basic eligibility criteria and required documents.