Apply Personal Loan Online Upto Rs. 25 Lacs
Details on Personal Loan
Personal Loan in Cuttack
Overview of Personal Loan in Cuttack
Personal Loan in Cuttack is an ideal choice to overcome any financial crisis. With the help of Personal Loan in Cuttack, you can meet any kind of monetary requirements like an emergency medical condition, home renovation, wedding, child’s education, purchasing any consumer durable good and so on. Easy Personal Loan in Cuttack requires simple paperwork, easy loan approval, quick disbursal and flexible repay with EMI up to 5 years. Online Personal Loan in Cuttack makes your loan experience more easy and simple. You can avail up to Rs. 25 lakhs at an affordable interest rate. Adequate income, high CIBIL score helps in obtaining low interest Personal Loan in Cuttack.
Why should you opt for Personal Loan in Cuttack?
Cuttack, the former capital of Odisha is the commercial and trading hub of India which is also a center of major industries and financial institutions. The standard of living in Cuttack is high which in turn increased the need for Personal Loan in Cuttack. With the help of Instant Personal Loan in Cuttack, your financial needs get easily fulfilled. Urgent Personal Loan in Cuttack is offered at an attractive interest rate. Low cibil score Personal Loan in Cuttack is charged a higher interest rate,
Here are some important points as to why should you choose Personal Loans in Cuttack-
- Unsecured Personal Loan in Cuttack do not pledge any security against the loan.
- Personal Loan in Cuttack is obtained at an attractive interest rate based on your eligibility.
- You can avail low interest Personal Loan in Cuttack from many personal loan providers in Cuttack.
- You can apply for online Personal Loan in Cuttack in your own time and place.
- Low processing fee is charged along with Personal Loan in Cuttack without any kind of hidden charges.
- You can avail Easy Personal Loan in Cuttack up to Rs. 25 lakhs for a tenure up to 5 years.
Eligibility Criteria for Personal Loan in Cuttack
To avail Personal Loan in Cuttack at highly competitive interest rates, you need to maintain a minimum CIBIL score of 750 or above and a decent income with a good repaying capacity.
Here are the common eligibility criteria for Personal Loan Cuttack-
|
Personal Loan in Cuttack Eligibility Criteria |
Salaried |
Self-Employed |
|
Age |
21-60 years |
25-65 years |
|
Loan Amount |
Up to Rs. 25 lakhs (varies according to the banks or NBFCs) |
Up to Rs. 30 lakhs (differs according to the financial institution) |
|
Income |
Min- Rs. 20,000 |
Min Turnover- Rs. 1 crore |
|
CIBIL score |
750 or above |
750 or above |
|
Profession |
Working in private sectors, MNCs or govt organization |
Business Professionals, sole propritership firms,partnership firms, private or public ltd. companies,etc. |
|
Work Experience |
Minimum 2 years of work experience with at least 1 year in the present company |
Stable Business Continuity for a minimum of 3 years |
Documents required for Personal Loan in Cuttack
Following are the common documents that are required for Personal Loan Cuttack-
- Application form
- Residential Proof- Passport, Utility Bills like- Gas, Electricity or Water Bills, Driving License
- Passport size photo
- ID proof- AADHAR Card, PAN Card, Ration Card
-
For Self-Employed
- Balance Sheet of past 2 years and Copy of Profit & Loss statement of last 2 years
- Verified copy of Trade License/Sales Tax Certificate/Memorandum and Articles of Association/Partnership Deed
- Last 3 years details of ITR.
-
For Salaried
- Salary slip for last 3 months.
- Copy of Form 16.
- Updated bank a/c Statement of last 6 months.
Personal Loan Interest Rates in Cuttack of different Financial Institutions
You can compare personal loan interest rates in Cuttack of different banks and NBFCs-
|
Banks |
Loan Tenure |
Interest Rates |
Pre-Closure Charges |
Processing Fees |
|
Kotak Mahindra Bank Personal Loan in Cuttack |
1-5 years |
11.25%* |
5% of outstanding principal. |
Up to 2.5% |
|
Axis Bank Personal Loan in Cuttack |
1-5 years |
15.50%* |
NIL |
Up to 2.00% |
|
HDFC Bank Personal Loan in Cuttack |
1-5 years |
11.25%* |
Between 2% to 4% of the outstanding principal. |
Up to 2.50% |
|
Bajaj Finserv Personal Loan in Cuttack |
1-5 years |
14.75%* |
NIL |
Up to 3% |
|
YES Bank Personal Loan in Cuttack |
1-5 years |
14%* |
Within 12 to 24 months: 4% Within 24 to 36months: 3% Within 36 to 48 months: 2% After 48 months :No charges. |
2% or 3% of the principal |
|
IndusInd Bank Personal Loan in Cuttack |
1-5 years |
12.99%* |
4% of outstanding principal |
Up to 2.50% |
|
Fullerton India Personal Loan in Cuttack |
1-5 years |
17.25%* |
4% of outstanding principal. |
Up to 2% |
|
ICICI Bank Personal Loan in Cuttack |
1-5 years |
11.49%* |
5% of outstanding principal + GST |
Rs. 999* |
|
SBI Personal Loan in Cuttack |
1-5 years |
12.50%*-16.60%* |
3% of the prepaid amount (after 1st EMI) |
Up to 3% of the loan amount |
|
Indiabulls Venture Capital Personal Loan in Cuttack |
1-5 years |
11.99%* |
5% if less than 6 months. |
Up to 5% |
|
Aditya Birla Capital Personal Loan in Cuttack |
1-5 years |
11.75%* |
4% of principal outstanding in 1st year, 3% in the 2nd year, and thereafter preclosure permitted after 6 months. |
1% of principal. |
|
TATA Capital Personal Loan in Cuttack |
1-6 years |
13.99%* |
4.5% of the outstanding principal.And NIL for the initial 6 months |
Up to 2% |
|
IDFC First Personal Loan in Cuttack |
1-5 years |
10.99%* |
4% of outstanding |
2% -4% |
|
Capital first Personal Loan in Cuttack |
1-5 years |
16%* |
4% of outstanding |
Up to 2.49% of the loan amount |
|
ECL Finance Personal Loan in Cuttack |
1-5 years |
17.50%* |
4% of principal amount outstanding+GST |
Up to 2% of the loan amount |
*Interest rates change time to time.
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