Personal Loan in Odisha

Salaried Self-Employed

Please Enter Required Loan Amount

Minimum Loan amount is Rs.15,000 !

Maximum Loan amount is Rs.75 Lakhs !

Please Enter Net Monthly Salary

Salary should be Minimum Rs.10,000!

Salary should be Maximum Rs.10 Crores !

Please Enter Annual Sales/Turnover

Minimum Turnover Should Be Rs. 3 Lakhs!

Turnover Limit Exceeded !

Please Enter Your Company Name !

Please Enter Valid Company Name !

Please Enter City Name !

Please Enter Valid City Name !

Please Enter PAN No

Please Enter Valid PAN No

Please Enter Your Name !

Please Enter Valid Name !

Please Enter Your Email Id

Please Enter Valid Email Id

Please Enter Your Mobile No

Please Enter Valid Mobile No

Interest rate start 10.75% * Upto 40 Lacs
Loan Duration: 12 – 60 months*

Enter Loan amount!

Minimum Loan amount is Rs.15,000 !

Maximum Loan amount is Rs. 75 Lakhs!

Proceed

Enter Your Monthly Salary!

Salary should be Minimum Rs.15,000!

Salary should be Maximum Rs.10 Crore!

Enter Your Turnover!

Minimum Turnover Should Be Rs. 3Lakhs!

Your Turnover Limit Exceeded!

Proceed
Back

Please Enter Your Company Name

Please Enter Valid Company Name

Please Enter Your City Name

Please Enter Valid City Name

Proceed
Back

Please Enter PAN Card No

Please Enter Valid PAN Detail

Proceed
Back

Please Enter Your Name !

Please Enter Valid Name !

Name Must Contain Only Alphabets !

Please Enter Your Email Id

Please Enter Valid Email Id

Please Enter Your Mobile No.

Please Enter Valid Mobile No.

Invalid Mobile No.

Please Accept Terms of Use !

Back

Interest rate start 10.75% * Upto 40 Lacs
Loan Duration: 12 – 60 months*

4.5 /5(500 Votes)

Personal Loan in Odisha

Overview of Personal Loan in Odisha

Personal Loan in Odisha is an ideal financial option at times of any financial emergencies. With the help of Personal Loan in Odisha, you can meet your medical expenses, wedding costs, vacation expenses, home renovation and much more. Personal Loan in Odisha requires no security to keep with the bank so, it is an unsecured Personal Loan in Odisha. Very minimum documentation and loan processing time ease up the process of Easy Personal Loan in Odisha. You need to have a good credit score with adequate income and minimum applying age to avail urgent Personal Loan in Odisha at the lowest interest rate. But low cibil score Personal Loan in Odisha is charged a higher interest rate. You can avail online Personal Loan in Odisha up to Rs. 25 lakhs which you can repay with easy EMI with a loan tenure up to 1 year to 5 years.

Why you should opt for Personal Loan in Odisha?

Odisha was earlier known as Orissa is one of the progressive economies mainly focusing on the agricultural sector. But gradually the state is developing towards industrial and service-based sector thus improving the economy attracting huge population. With the industrial expansion, the need for personal finance increased thus the need of Personal Loan Odisha increased manifold. For Instant Personal Loan in Odisha, you need to have a decent CIBIL score with a good source of income.

Here are some reasons as to why you should opt for Personal Loan in Odisha-

  • Unsecured Personal Loan in Odisha requires no collateral to keep with the financial institutions.
  • Online Personal Loan in Odisha eases up your loan process and you can easily apply for it sitting in your home or office.
  • Instant Personal Loan in Odisha can be easily available at an attractive interest rate.
  • Personal Loans in Odisha charges low processing fees with no hidden charges.
  • With simple paperwork and easy loan approval, Personal Loan in Odisha can be repayed with easy EMI.
  • Before applying for a loan, you can compare personal loan interest rates in Odisha of different banks and NBFCs.

Eligibility Criteria for Personal Loan in Odisha

Very minimum eligibility criteria need to be satisfied for Personal Loan in Odisha. You need to have a decent income, minimum CIBIL score of at least 750 or above to get easy Personal Loan in Odisha at low interest rate. Moreover, if you pay off all your debts before applying for the loan, then you can get low interest Personal Loan in Odisha.

Following are the eligibility criteria that you must satisfy to apply for Personal Loan in Odisha-

Personal Loan in Odisha Eligibility Criteria

Self-Employed

Salaried

Age

25-65 years

21-60 years

CIBIL score

750 or above

750 or above

Income

Min Turnover- Rs. 1 crore

Min- Rs. 20,000

Profession

Partnership firms, sole propritership firms, Business Professionals, public or private ltd. companies,etc.

Working in govt organization, private sectors or MNCs

Loan Amount

Up to Rs. 30 lakhs (differs according to the banks)

Up to Rs. 25 lakhs (varies according to the banks)

Work Experience

Business Continuity for at least 3 years

Minimum 2 years of total experience with at least 1 year working in the present company

Documents required for Personal Loan in Odisha

You need to submit the following important documents when you are applying for Personal Loans in Odisha-

  • Passport size photo
  • ID proof- PAN Card, Ration Card, AADHAR Card
  • Address Proof- Driving License, Any kind of Utility Bills like- Water, Electricity or Gas Bills, Passport
  • Application form for Personal Loan
  • For Self-Employed

    • Verified copy of Partnership Deed/Memorandum and Articles of Association/Sales Tax Certificate/Trade License
    • Last 3 years details of ITR
    • Copy of Profit & Loss statement of the last 2 years and Balance Sheet of last 2 years
  • For Salaried

    • Salary slip of the past 3 months.
    • Statement of an updated bank a/c of past 6 months.
    • Copy of Form 16.

Personal Loan Interest Rates in Odisha of different Financial Institutions

You can go for easy Personal Loan in Odisha by comparing Personal Loan interest rates in Odisha of all banks and NBFCs-

Banks

Loan Tenure

Interest Rates

Pre-Closure Charges

Processing Fees

Kotak Mahindra Bank Personal Loan in Odisha

1-5 years

11.25%*

5% of outstanding principal.

Up to 2.5%

ICICI Bank Personal Loan in Odisha

1-5 years

11.49%*

5% of outstanding principal + GST

Rs. 999*

SBI Personal Loan in Odisha

1-5 years

12.50%*-16.60%*

3% of the prepaid amount (after 1st EMI)

Up to 3% of the loan amount

YES Bank Personal Loan in Odisha

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

Bajaj Finserv Personal Loan in Odisha

1-5 years

14.75%*

NIL

Up to 3%

HDFC Bank Personal Loan in Odisha

1-5 years

11.25%*

Between 2% to 4% of the outstanding principal.

Up to 2.50%

IndusInd Bank Personal Loan in Odisha

1-5 years

12.99%*

4% of outstanding principal

Up to 2.50%

Indiabulls Venture Capital Personal Loan in Odisha

1-5 years

11.99%*

5% if less than 6 months.

Up to 5%

Axis Bank Personal Loan in Odisha

1-5 years

15.50%*

NIL

Up to 2.00%

IDFC First Personal Loan in Odisha

1-5 years

10.99%*

4% of outstanding

2% – 4%

Aditya Birla Capital Personal Loan in Odisha

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 Odisha

1-6 years

13.99%*

4.5% of the outstanding principal. And NIL for the initial 6 months

Up to 2%

Fullerton India Personal Loan in Odisha

1-5 years

17.25%*

4% of outstanding principal.

Up to 2%

Capital first Personal Loan in Odisha

1-5 years

16%*

4% of outstanding

Up to 2.49% of the loan amount

ECL Finance Personal Loan in Odisha

1-5 years

17.50%*

4% of principal amount outstanding+GST

Up to 2% of the loan amount

*Interest rates change time to time.

FAQ’s

Here are some factors that will increase the interest rate of Personal Loan in Odisha are- low cibil score, existing debts, lower income and much more.
The minimum CIBIl score that you must possess for Personal Loan in Odisha is 750 or above.
The repayment tenure for Personal Loan in Odisha ranges from 12 months to 60 months.
*Interest rate and Loan approval are subjected to band discretion and approval.

Top