Know about Personal Loan Provider Banks. Personal loans are required when our expenses exceed savings and regular income. For getting instant relief from financial crunch a planned personal loan is always the smartest way. Completion of any of your pending important finance related work can be easily completed by getting a personal loan. DealsofLoan provides one of the best and easy to use platform to compare the various rates on personal loans offered by banks and financial institutions. Compare the best features, interest rates, benefits and charges for different personal loans and select your personal loan with complete confidence. Right comparison of personal loan is very necessary because in today’s financial market almost every loan provider financial company claims to provide you personal loan. It’s very important that you must read all the statement and the policies before taking up any personal loan. Many hidden terms and conditions present in these policies and that may cause a problem to your financial planning . So please be very careful before taking any loan. Let us compare now Personal Loan Provider Banks .

Personal Loan Provider Bank

  • Offered Rate of Interest
  • Applicable Loan Processing Fee
  • Offered Loan Amount
  • Prepayment Charges
  • Maximum Disbursal Time
  • 13.9 % – 22 %
  • 2% – 2.5%
  • Rs.50,000 – Rs.15 Lac
  • 4%
  • 48 hours – 7Days
Bajaj Fin
  • 15% – 17%
  • 2% – 2.5%
  • 1Lac – 25 Lacs
  • 2%
  • 2 Days – 5 days
  • 15% – 19.00%
  • up to 2%
  • Rs.1 Lac – Rs.15 Lac
  • 5%
  • 7 days
  • 14% – 18.50%
  • 2% – 2.25%
  • Rs.50,000 – Rs.15 Lac
  • 5%
  • 7Days
  • 14.5% – 18.5%
  • 1.5% (For Salary Account Holder), other wise 2 %
  • Rs. 1 Lac – Rs. 15 Lacs
  • 0% for limited period only
  • 2-4 working days

Basic Documents Required:

Identity Proof : Passport/ Driving License/PAN card, banker’s sign verification

Age Proof: PAN Card/ Passport/ Driving License / School leaving certificate/ Voter’s card/Birth Certificate/ LIC policy

Address Proof: Valid Passport, Latest Telephone bill (BSNL/MTNL)/ Current Electricity bill/ Property Index-2 / Registered Rental agreement/ D.L. / Election ID card

Proper Income Proof : Latest three month salary slip/Updated salary Certificate with latest form 16 , Updated four month bank statements

Job Stability Proof : Form 16/relieving letter/appointment Letter /Work experience certificate

Deals of Personal loan special tips :

  • Compare exact per lac loan EMI, Personal Loan Processing fee, Loan Tenure. Check proper documents requirements before choosing bank.
  • Always ask about other charges with bankers before submitting required documents.
  • Personal loan processing fee are always deducted from Loan amount so never pay any fee to any person to get loan sanctioned.
  • Please note, give loan related documents to one bank only and check whether he is authorized Bank employee or vendor.