Personal Loan Mumbai – Interest Rates 2024, Online Apply
Apply for Personal Loan in Mumbai – Compare special offers on interest rates, Check EMI from all major providers in Mumbai such as HDFC Bank, Axis bank, SMFG India Credit, Bajaj Finance, Capital First, IndusInd, Kotak, ICICI Bank & Standard Chartered.
Personal loan in Mumbai Details:
मुंबई में व्यक्तिगत ऋण (पर्सनल लोन) विवरण:
| Interest Rates | 11.49% – 26.00% |
| Max. Loan Amount | 30 Lakh |
| Processing Fees | Zero – 3.00% |
| Prepayment Charges | Nil, Upto 5.00% |
| Min. Income | Rs.18500/- p.m |
| Loan Repayment | upto 7 years |
| Lowest EMI per month | Rs.2199 |
| Minimum Loan | Rs.50000 |
Personal Loan Interest Rates in Mumbai 2024
| Banks | Interest Rates |
| HDFC Bank | 10.99 – 20.75% |
| ICICI Bank | 10.99 – 16.50% |
| Bajaj Finserv | 11.99 – 16.00% |
| SMFG India Credit | 14.00 – 33.00% |
| Kotak Mahindra | 10.99 – 17.25% |
| IndusInd Bank | 12.99 – 17.00% |
| Standard Chartered | 12.00 – 17.00% |
Processing Fees / Prepayment Charges on Personal Loans in Mumbai
| Banks | Processing Fee | Pre Payment Charges |
| Bajaj Finserv | Upto 2.00% | Upto 4% post 1st EMI clearance |
| ICICI Bank | 1999 to 2.50% | Zero or 5.00% |
| Axis Bank | 2.00% | Nil |
| Kotak | 1.5 – 2.00% | 5.00% |
| HDFC Bank | 0.8% – 2.00% | 4.00% |
| SMFG India Credit | 2.00% | Upto 7.00%, 0% after 3 year |
| Standard Chartered |
Up to 1% | Upto 5.00% of loan amount |
Mumbai Personal Loan Overview:
Mumbai – the commercial, financial and entertainment hub of India – is also one of the wealthiest cities in the country. It generates over 6 per cent of India’s GDP and is also among top commercial centres globally.
For Mumbaikars, consumer durables such as air-conditioners, refrigerators, built-in ovens and microwaves are not luxury but a necessity. Though the average salary is high, still people find that their earnings are less as compared to their expenditure. To meet the shortfall, banks and other financial institutions offer personal loans at competitive rates and flexible tenure.
Generally, people prefer personal loans to meet expenditures on renovation of home, medical emergency, marriage functions and festivals as they get a lump sum on credit without any hassles and get flexibility in repayment.
Many people plan vacation to foreign destinations which can be very expensive and may burn a deep hole in their pocket. In such a situation, they avail personal loans to meet the expenses and then repay the loan in easy EMIs.
At Deal4loans, you can check out for:
• Personal loans in Mumbai
• Instant e-approval
• Special offers
• Interest rates and EMIs being offered by major banks and institutions
• Processing fee and other charges
You may get a good discount on interest rates, Processing fees & prepayment charges on personal loans if you are working in the following top companies:
Tata Consultancy Services | Accenture | Capgemini | L&T Infotech | J.P. Morgan | Larsen & Toubro | iGATE | Reliance Industries | Deloitte | Fractal Analytics | eClerx | Reliance Communications | CRISIL | Syntel | Wipro | Mastek | Oracle | Tech Mahindra | Tata Motors
Personal Loan EMI Calculator Mumbai
पर्सनल लोन व्यक्तिगत ऋण ईएमआई कैलकुलेटर मुंबई
वैयक्तिक कर्ज ईएमआय कॅल्क्युलेटर मुंबई
To calculate your personal loan emi in Mumbai, you have follow simple 3 steps, which are as follows:
- Enter Personal Loan amount
- Interest Rate (bank offered to you)
- Repayment period
- Submit & EMI calculation’s on your screen
For customer’s satisfactions or help here’s some examples which helps you to know how much you have to pay for the personal loans for the respective yearly repayment period. Examples of personal loans amount in Mumbai.
Pre-calculated emi for personal loans in Mumbai with the help of personal loan emi calculator:
| Loan Amount | Tenure In Years | Interest Rate | Monthly EMI |
| 100000 | 3 | 16.00% | Rs. 3,516 |
| 125000 | 2 | 14.00% | Rs. 6,002 |
| 175000 | 3 | 15.00% | Rs. 6,066 |
| 200000 | 2 | 14.50% | Rs. 9,650 |
| 230000 | 4 | 12.00% | RS. 6,057 |
| 300000 | 3 | 12.75% | Rs. 10,072 |
| 400000 | 5 | 13.50% | Rs. 9,204 |
| 600000 | 5 | 14.60% | Rs. 14,148 |
| 800000 | 5 | 13.20% | Rs. 18,284 |
| 900000 | 5 | 12.00% | Rs. 20,020 |
Best Banks for Personal Loan in Mumbai
मुंबईतील वैयक्तिक कर्जासाठी उत्तम बॅंक
List of documents required to apply for personal loan in Mumbai:
मुंबईतील वैयक्तिक कर्जासाठी अर्ज करण्यासाठी आवश्यक कागदपत्रांची यादी:
For salaried persons:
• Identity proof
• Address proof
• Bank statements of last 3-6 months
• Salary slip
• Guarantors and their set of documents
For self-employed customers:
• Balance sheets
• Profit and loss account
• Partnership deed and other documents
List of Bank branches for Personal loans in Mumbai
मुंबईतील वैयक्तिक कर्जासाठी बँकेच्या शाखांची यादी
✓ Indian Bank – Sainara, No. 17, Cuffe Parade, Captain Prakash Pethe Marg, Cuffe Parade, Mumbai – 400005
✓ State bank of Patiala – 447, The Bureau, Chembur Naka, Ramakrishna Chemburkar Marg, Jai Ambe Nagar, Chembur Gaothan, Kurla East, Mumbai, Maharashtra 400071
✓ Indusind Bank – Mamta House, 231, Swami Vivekanand Rd, Bandra West, Mumbai, Maharashtra 400050
✓ Axis Bank – Ground Floor, Jeevan Prakash Building, Sir P.M. Road, Fort, Mumbai, Maharashtra 400001
✓ United Bank – Ground Flrth Floo, Shree Sanathan Dharam Sch, R C Marg, Chembur East, Mumbai – 400071
✓ HDFC Bank – Netaji Subhash Chandra Bose Rd, Churchgate, Mumbai, Maharashtra 400020
✓ HDFC Bank – CST Road, Vidya Nagari, Kalina, Santacruz East, Mumbai, Maharashtra 400098
✓ Bajaj Finserv – 1, Western Express Hwy, Hanuman Tekdi, Goregaon, Mumbai, Maharashtra 400063
✓ Bajaj Finance – B-10, 1 st Floor, Shree Ram Industrial Estate, Sharda Talkies Road, Opp Vadala Udyog Bhavan, Katrak Road, Mumbai, 400031
✓ ICICI Bank – Yadav Patel Lane, Chandrakant Dhuru Wadi, Dadar West, Mumbai, Maharashtra 400028
✓ ICICI bank – Pattathu House,, 45-C, Kalina Kurla Rd, Kalina, Santacruz East, Mumbai, Maharashtra 400029
✓ Axis Bank – Sai Heritage, Tilak Road, Near Balaji Mandir, Ghatkopar East, Mumbai, Maharashtra 400077
✓ Axis Bank ltd – Plot No. C/20, Sona Building, 1st Rd, Opp BMC Ward Office, Chembur, Mumbai, Maharashtra 400071
✓ Standard chartered – B-21, Sanghvi Paritosh, V C Metha Road, Jvpd Scheme, Mumbai – 400049
✓ Tata capital – VB Gandhi Marg, Kala Ghoda, Fort, Mumbai, Maharashtra 400001
Private Finance Companies available in Mumbai
मुंबईमध्ये खाजगी वित्त कंपन्या उपलब्ध आहेत
An unsecured personal loans is your way out for all your urgency even when the banks reject you. Private financier in Mumbai region is a convenient way to get personal loans if your application is rejected by the banks these private financier will be a helpful option for you.
In contempt of the fact that these private financier companies help you when you are in the utmost need of money but has its conditions, it comes with a higher interest rates than any regular banks.
(As your financial companion we do not endorse to employ loans from companies until and unless you are in an immense problem.)
Some of the private financier in Mumbai region are listed below:
| Name of the company | Address |
| Economic Bazar | House no. 303, 3rd floor, Balaji Niwas Versova,Andheri West Mumbai-400061 |
| Loan Harbor | House no. 403, S.K. Colony, Dahisar West, Mumbai-400068 |
| Capital Avenue | Municipal Market , Ville Parle East, Mumbai-400002 |
| Aphelion Finance Private Limited | 4, Vaibhav Mulund, Zaver Cross Road, Behind Icici Bank, Mulund West, Mumbai, Maharashtra 400080 |
| Shreeji Associates | House no. 606, Orchid Plaza, Borivali West, Mumbai-400092 |
| Go4Loan | Mithi Manzil, J.P. Road, Andheri East, Mumbai-400053 |
| Aarti Consultancy | House no. 205/206,Crescent Business Park, Andheri Kurla Road, Safed pool, Saki Naka, Andheri East Mumbai-400069 |
