Personal Loan Madurai – Interest Rates 2024, Apply Online
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Personal Loan Madurai Highlights
Interest Rates | 10.99% – 20.75% |
Processing Fees | 0.99% – 3.00% |
Pre payment Charges | Nil – 5.00% |
Repayment Period | Upto 7 years |
Cibil Score | Min. 750 |
Lowest EMI | Rs. 2174 per Lakh |
Personal Loan Interest Rates in Madurai 2024
ICICI Bank Personal Loan | 10.99 – 16.50% |
Kotak Personal Loan | 10.50 – 17.25% |
Standard Chartered Personal Loan | 11.00 – 12.50% |
HDFC Personal Loan | 10.75% – 14.50% |
Bajaj Finserv Personal Loan | 11.99% onwards |
IndusInd Bank Personal Loan | 11.25% onwards |
SBI Personal Loan | 9.60% – 15.05% |
Citibank Personal Loan | 10.99% |
Tata Capital Personal Loan | 11.25% – 19% |
SMFG India Personal Loan | 11.99 – 26.00% |
Clix Capital Personal Loan | 12.00 – 24.00% |
Madurai is known for rubber plantation. Owing to this fact, some tyre and rubber manufacturing industries are established in this old temple city.
Even though the city has not a large number of high mid income group despite this people of Madurai believes to live with high standard of living. Old loans with high interest rate taken in haste, causes a hole in our pocket. In order to repay this interest burden, one may opt for personal loan.
In our unpredictable life we sometimes face medical need in our family. Monthly remuneration is not enough to meet expensive medical cost. At this time of need personal loan proves to be of great help. As a safe investment option buying a piece of land sometime leaves us in short of fund. An easy accessibility to a debt instrument like personal loan easily resolves our problem.
You can get Lowest Interest Rates on Personal loans if you are working in these Companies:
✓ Honeywell ✓ ICICI Bank ✓ Reliance Communications ✓ Ranbaxy ✓ Canara Bank ✓ Syndicate Bank ✓ TVS ICS ✓ AJ Square
✓ Tamilnad Mercantile Bank ✓ IT Flex Solutions ✓ Aparajayah Technologies ✓ Solartis ✓ PepsiCo ✓ Fedex Express ✓ Sutherland Global Services ✓ Nestle ✓ Philips Electronics ✓ HCL Infosystems ✓ Bharti Airtel ✓ Indian Oil ✓ Maruti Suzuki ✓ Bsnl ✓ Cipla ✓ Vodafone India ✓ Union Bank of India ✓ ICICI Securities ✓ Central Bank of India
Eligibility Or Loan Amount in Madurai – Depends on your Credit Score, Bank Policies, Company in which you are working, your Income or salary, Area in which you are live, Work experience etc. Or better to pay your credit cards or loan amounts on time to get more loan amount from banks at the time of apply new personal loans.
Checklist of Documents required for Personal Loan in Madurai:
Following documents are required by financial institutions to process the loan application :
in case of Salaried
- Identity proof
- 3 to 6 months Bank statements
- Residence proof
- Salary slip
- Guarantors & their same set of documents
In case of Self Employed
- Balance Sheets
- Profit & Loss Account
- Partnership Deed & other mandatory documents etc.
List of Bank Branches for apply personal loans in Madurai
Bank | Address | Pincode |
Axis Bank | 74A, Palam Station Road, Goripalayam, Opposite To Minnal Mahal – Sellur, Goripalayam, Madurai, Tamil Nadu | 625002 |
Bajaj Finserv | Door No. 33/1, 1st Floor, Ceat Shoppe Upstair, Plot No. 3 & 4, Survey Number 62/5e, Ponmeni, By Pass Road, Madurai, Tamil Nadu | 625016 |
HDFC Bank | Sri Nithyakalyani Towers, 8 North Veli Street 34 Krishnarayar Tank Street, Madurai, Tamil Nadu | 625001 |
ICICI Bank | 216, North Masi Street, North Masi Street, Near Canara Bank, Madurai Main Road, Madurai, Tamil Nadu | 625001 |
Indusind Bank | No.30, Kamala 2nd Street,, Kamala 2nd St, Chinna Chokkikulam, Madurai, Tamil Nadu | 625002 |
Kotak | 1, Mela Perumal Maistry St, Simmakkal, Madurai Main, Madurai, Tamil Nadu | 625001 |
Tata Capital | 1, Milk Project junction, Sivagangai Road, KK Nagar, Madurai | 625020 |
SMFG India | Shop No. 7,Ground Floor, Arasaradi Arapalayam Rd, Gnanavolivupuram, Arappalayam, Madurai, Tamil Nadu | 625016 |