Personal Loan Mysore

Apart from a well known place for tourism, Mysore is also famous for sandal wood carving, silk weaving and mining of lime and stone.

The impulsive facet of life never waits for our budget planning. Medical exigency is one of the demanding situations that require to borrowing money as personal loan from bank.     

As the deposit rates of bank are not enough to beat inflation rate, more and more people are looking to buy a piece of land as safe investment plan. To strike a deal sometimes we experience short of money. Personal loan is an accessible debt instrument for all that offers loan money with moderate interest rate.

In India, functions like marriage and banqueting has its own repute in our society.

To mark this type of celebration, every so often we become over budget. In order to facilitate this, banks that offer personal loan proves to be our true friend in need.

At the time of haste, one has no time to visit banks for lowest interest rate of different banks and other benefits. To facilitate customers, we at deal4loans offer quick services to discerning clients.

We proudly offer following benefits to our customers:

Lowest Interest Rates | High Loan Amount Eligibility | Tie-up with Higher Number of Banks | Online Comparison of Interest Rates offered by all Major Banks | Minimum Time Period |Step by Step Guidance for Easy Sanction of Loan

Get lowest interest rates on Personal loan in Mysore from top 10 Banks & your CIBIL score absolutely FREE.
Loan Amount
Employment Status

Personal Loan Interest Rates in Mysore

Banks Rate of Interest Processing Fee Loan Amount Prepayment Charges Disbursal Time Part Payment Option
Yes Bank 10.45% - 16.99% Upto 2% Rs.100,000 - Rs.20,00,000 Nil Above 7.5Lacs 48 Working Hours No
IDFC First Bank 10.49% - 25% 2% - 2.5% Rs.100,000 - Rs.1,00,00,000 5% of Principal outstanding 24-48 hours Yes
Kotak Bank 10.50% - 16.99% 0.99% - 2.5% Rs.100,000 - Rs.20,00,000 Zero (if loan Amount is more than 10 lakhs) Else 5% 3 - 4 working days Yes
HDFC Bank 10.75% - 13.45% upto 3999 + GST Min. 50,000 Max. as per eligibility Nil (For Loan amount>10 lakhs and 12 EMI paid), else 4% 3 - 4 Days No
ICICI Bank 11% - 17.50% Rs.999 for Special offers otherwise 1% - 2.5% Rs.50,000 - Rs.20,00,000 Nil (For Loan amount >10 lacs & 12 EMI paid), else 5% 3 - 4 working days No
Standard Chartered 11.00% - 12.50% 1% Rs.1,00,000 - Rs.50,00,000 Upto 5% 3-4 Working days Yes
Citibank 11.49% to 16.50% Upto 2.0% + 0.5% (waiver on PF)
Special surprise gift from Citi Bank
Rs.1,00,000 - Rs.30,00,000 Upto 3% 48 hours Yes
Bajaj Finance 11.99% - 16% Upto 2% Upto Rs.25 Lacs Upto 4% post 1st EMI clearance Approval In 48 Hours Yes
Tata Capital 11.99% - 17% Rs.999-2.50% Rs.75,000 - Rs.15 Lacs Part Prepayment Charges: Nil (Allowed Post 6 months, Once a year, 25% of Principal Outstanding) Loan disbursement in 3-4 days Yes
SMFG India Credit 11.99% - 26% 2% Rs.50,000 - Rs.15,00,000 Upto 7.00%, 0% after 3 years 2-8 days No
IndusInd Bank 12.99% - 20% 0.5% -2% Rs.1,00,000 - Rs.25,00,000 4% 4 working days No
HDB Financial Services 16% - 21% up to 2% Rs.100,000 to Rs.15,00,000 Nil for Selected Corporates Employees (CAT A & B).
4% For Rest
2 days - 7 days No

Eligibility Criteria

Eligibility Criteria for Personal Loan in Mysore
Banks offer Loan to borrowers depending on various factors such
as income, employment, continuity of business so as to make sure that they repay the loan with interest before the due date.
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Banks offer Loan to borrowers depending on various factors such as income, employment, continuity of business so as to make sure that they repay the loan with interest before the due date. The eligibility criterion of a personal loans is primarily based on the work profile of a loan seeker which is broadly divided into the following two classes:
Salaried Self Employed
Metros: Minimum Salary Required is Rs. 15000/- p.m
Other Cities: Minimum Salary is Rs. 12500/- p.m
Metros: Minimum ITR Rs. 150000/-
Other Cities: Minimum ITR Rs. 150000/-

List of Personal Loans Banks

HDFC Bank
ICICI Bank
Bajaj Finserv
Yes Bank
Canara Bank
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HDFC Bank Bajaj Finserv ICICI Bank Axis Bank
SMFG India ING Vysya Kotak Bank HDB Financial Services
Bank of India Union Bank of India United Bank of India Punjab National Bank
IndusInd Bank Dena Bank Andhra Bank Citibank
Indian Bank Vijaya Bank Corporation Bank RBS

Documents required
for Personal Loan

Documents required for Personal
Loan in Mysore
Identity Proof : Passport/ Driving License/PAN card/ Photo credit card (with embossed Signature and last two months
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Age Proof : PAN Card/ Passport/ Driving License / School leaving certificate/ Voter’s card/BirthCertificate/ LIC policy (only for age Proof). (Anyone of the above) Address Proof : Passport/ Telephone bill (BSNL/MTNL)/ Electricity bill/ Title deed of property/Rental agreement/ Driving license/ Election ID card/ Photo-credit card (with last two month statements) (Anyone of the above)
Income Proof : Latest salary slip/current dated salary Certificate with latest form 16 (Anyone of the above)
Job Continuity Proof : Form 16/relieving letter/appointment Letter (for last two months) (Anyone of the above)
Banking History : Bank statements of latest 2 months/ 3 months bank passbook (Anyone of the above)

Eligibility Criteria

Eligibility Criteria for Personal Loan in Mysore
Banks offer Loan to borrowers depending on various factors such
as income, employment, continuity of business so as to make sure that they repay the loan with interest before the due date.
close
Banks offer Loan to borrowers depending on various factors such as income, employment, continuity of business so as to make sure that they repay the loan with interest before the due date. The eligibility criterion of a personal loans is primarily based on the work profile of a loan seeker which is broadly divided into the following two classes:
Salaried Self Employed
Metros: Minimum Salary Required is Rs. 15000/- p.m
Other Cities: Minimum Salary is Rs. 12500/- p.m
Metros: Minimum ITR Rs. 150000/-
Other Cities: Minimum ITR Rs. 150000/-

Location / Address of Major Banks in Mysore City for Personal Loans:

Bank Name Mysore
Corporation Bank 470, 6TH MAIN, 10TH CROSS, 1ST STAGE, VIJAYANAGAR, Mysore, Karnataka 570017
Corporation Bank Branch Temple road, Opposite Bata India Ltd, Vonti Koppal, Mysore, Karnataka 570002
Corporation Bank 34 KESHAVA CPLX,NRUPATHUNGA RD STAGE-I,KUVEMPU NAGAR, Kuvempnagar, Mysore, Karnataka 570023
Corporation Bank - Siddhartha Layout Branch #D117, 80 Feet Rd, Siddartha Nagar, Siddhartha Layout, Mysore, Karnataka 570011
Vijaya Bank - Vijayanagar No. 441 And 501, New Kalidasa Rd, Vijayanagar 1st Stage, Vijayanagar, Mysore, Karnataka 570017
State Bank Of India Kanthraja Urs Rd, K.G Koppal, Saraswathipuram, Chamarajapuram Mohalla, Chamrajpura, Mysore, Karnataka 570007
IDBI Bank Vishwamanava Double Rd, Saraswathipuram, Mysore, Karnataka
Axis Bank Ltd SV Residency, 432, Vishwamanava Double Road, Kuvempunagar, Mysore, Karnataka 570023
Karnataka Bank 4586, 2nd Stage, 2nd Stage, Near High Tension Double Road, Jayanagar, Mysore, Karnataka 570017
State Bank of India 391, Hebbal Main Road, 1st Stage, SBI Road, Hebbal Main Road, 1st Stage, SBI Road, Near Viswamanava Kuvempu Circle, Hebbal, Mysore, Karnataka 570016
Corporation Bank 34 KESHAVA CPLX,NRUPATHUNGA RD STAGE-I,KUVEMPU NAGAR, Kuvempnagar, Mysore, Karnataka 570023
Corporation Bank - Siddhartha Layout Branch #D117, 80 Feet Rd, Siddartha Nagar, Siddhartha Layout, Mysore, Karnataka 570011
Corporation Bank - Zonal Office 2254, Kausalya, Third Floor, South Wing, Vinobha Road, Hunsur Rd, Devaraja Mohalla, Yadavagiri, Mysore, Karnataka 570001
Corporation Bank 34 KESHAVA CPLX,NRUPATHUNGA RD STAGE-I,KUVEMPU NAGAR, Kuvempnagar, Mysore, Karnataka 570023
Syndicate Bank - Saraswathipuram Branch Door No 2961/38A, 5th Cross, 5th Main Rd, Saraswathipuram, Mysore, Karnataka 570009
Corporation Bank - Siddhartha Layout Branch #D117, 80 Feet Rd, Siddartha Nagar, Siddhartha Layout, Mysore, Karnataka 570011
Syndicate Bank Udayaravi Rd, Kuvempumagar, Mysore, Karnataka 570023
Corporation Bank - Zonal Office 2254, Kausalya, Third Floor, South Wing, Vinobha Road, Hunsur Rd, Devaraja Mohalla, Yadavagiri, Mysore, Karnataka 570001
Corporation Bank Mandi Mohalla 3rd Cross Rd, MUDA Employees Layout, Ramakrishnanagar, Mysore, Karnataka 570022
Corporation Bank D.117,80 FT. ROAD, San Marga, Siddhartha Layout, Mysore, Karnataka
 

 

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Personal Loan Rates 2023

ICICI Bank 10.99 - 16.50%
Kotak Mahindra 10.99 - 17.25%
Standard Chartered 11.50 - 18.00%
HDFC Bank 10.99 - 20.75%
Bajaj Finserv 11.99% onwards
IndusInd Bank 12.99 - 20.00%
SBI 12.90 - 16.55%
Citibank 10.99%
Tata Capital 10.49 - 19.00%
SMFG India 11.99 - 26.00%

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Personal Loan Karnataka