Table of Contents
How much personal loan can a salaried get?
However, most banks and NBFCs limit a personal loan at Rs. 25 lakh to an individual. Lenders evaluate the monthly income of loan applicants and the potential growth in it before approving a loan. In most cases, individuals are eligible for a personal loan amount of up to 30 times their monthly income.
Which NBFC is best for personal loan Quora?
Below Listed Top 10 NBFC offering Personal Loan In India.
- HDFC Bank Personal Loan.
- SBI Personal Loan.
- Punjab National Bank (PNB) Personal Loan.
- Home Credit Personal Loan.
- Optacredit Personal Loan.
- Canara Bank Personal Loan.
- Bajaj Finserv Personal Loan.
- Mahindra Finance Personal Loan.
Which bank gives personal loan easily in India?
Comparison of Best Personal Loan Providers in India
| Lender | Interest Rate (p.a.) | Processing Fee |
|---|---|---|
| HDFC Bank | 10.25\% – 21\% | Up to 2.5\% (Maximum Rs. 25,000) |
| Kotak Mahindra Bank | 10.25\% onwards | Up to 2.5\% |
| Federal Bank | 10.49\% – 17.99\% | Up to 3\% |
| IDFC FIRST Bank | 10.49\% onwards | Up to 3.5\% (Minimum Rs. 2,999)** |
Which bank gives loan on salary?
Interest Rates Offered by Top Lenders on Personal Loans for Salaried Individuals
| Name of the Bank | Interest Rate (p.a.) |
|---|---|
| HDFC Bank | 10.50\% to 21.00\% |
| ICICI Bank | 10.5\% p.a. – 19\% p.a. |
| Axis Bank | 12\% p.a. to 21\% p.a. |
| State Bank of India | 9.60\% onwards |
How can I get personal loan from HDFC Quora?
- Eligibility Criteria for HDFC Bank Personal Loans.
- Applicants must meet the following criteria to get a personal loan from HDFC Bank [ https://www.mymoneykarma.com/hdfc-bank/hdfc-bank-personal-loan.html ].
- Minimum income of Rs 15,000 per month in non-metro cities. Minimum income of Rs 20,000 per month in metro cities.
How much personal loan can I get if my salary is 30000?
For example, if you are wondering how much personal loan can I get on a 30,000 salary. If you have no other EMIs, you can multiply your monthly salary by 27 to get the maximum loan amount you would be eligible for. In this case, it would be ₹8,10,000 with a tenure of 60 months.
Is Bajaj finance an NBFC?
Bajaj Finserv is one of the top financial organisations in India which got registered as a non-banking financial company with the RBI on 29th October, 2007. Today, it ranks among the best NBFCs for home loan and a range of other financial products in this country.