Processing Fee

2.25%

Max Tenure

24 to 48 Months.

Best Rate

11% P.A

View Details

Features

  • 100% Online Process.
  • No Foreclosure Charges.

Pricing

  • Interest rate: 0.92% P.M.
  • Processing fee: Upto 2.25%

Documents Required

  • ID Proof.
  • Address Proof.
  • Bank Account Details with E-Mandate Facility.

Processing Fee

4%

Max Tenure

6 - 36 Months.

Best Rate

14.04% P.A

View Details

Features

  • Lower Interest Rates.
  • 100% Online Process.
  • Minimal documentation.

Pricing

  • Interest rate: 1.17% P.M.
  • Processing Fees: From 4%

Documents Required

    Documents Required - Salaried
  • ID Proof.
  • Address Proof.
  • Income proof (Latest 2 salary slips & Last 3 months'bank statement).
  • Form 16/ITR.

Processing Fee

2000₹

Max Tenure

18 Months.

Best Rate

28% p.a

View Details

Features

  • Quick loan processing.
  • Minimal documentation.
  • Min Eligiblity Criteria.

Pricing

  • Interest rate - 20% to 30% P.A.
  • Processing fee - From 2.5%.

Documents Required

  • ID Proof.
  • Address Proof.
  • Salary slip and appoinment Letter (for amber Customers).
  • Income proof (3 Months BS ).

Processing Fee

3-4%

Max Tenure

2 yrs

Best Rate

18%

View Details

Features

  • Complete Online Process
  • Minimal Documentation
  • Faster Disbursal

Pricing

  • Processing Fee - 3 to 4 % of Loan Amount
  • Interest Rate Starting at - 18%

Documents Required

  • Proof of identity and proof od address - (Pan Card and AadharCard)
  • Proof of income - Salary Bank Statement

Processing Fee

1.0%

Max Tenure

12-72 Months.

Best Rate

12% P.A.

View Details

Features

  • Hassle free Process.
  • Flexibility of Repayment.
  • No end use requirement.

Pricing

  • Interest Rate: 0.92% p.m.
  • Processing Fee: Upto 2.50%

Documents Required

  • Income Proof (Latest 3 salary slips).

Processing Fee

2.5%

Max Tenure

12 Months.

Best Rate

35.1% p.a

View Details

Features

  • Minimal Documentation.
  • Quick loan processing.
  • NTC also allowed for 50 k.

Pricing

  • Interest rate - 35% to 37% P.A
  • Processing fee - From 2.5%

Documents Required

  • ID Proof.
  • Address Proof.

Processing Fee

2.5%

Max Tenure

12 - 60 Months.

Best Rate

12.96% P.A

View Details

Features

  • Quick loan processing.
  • Minimal documentation.
  • Affordable Rates & Charges.

Pricing

  • Intrest Rate-1.08% p.m.
  • Processing Fee - From 2 - 3.5%.

Documents Required

  • ID Proof.
  • Address proof.
  • Income proof (Latest 2 salary slips & Last 3 months'bank statement).
  • From 16/ITR.

Processing Fee

2% - 5%

Max Tenure

3 - 60 Months

Best Rate

16% P.A.

View Details

Features

  • Choice based loan offers available - Bureau Based & Banking Based
  • ROI & Tenure will differ basis the loan offer chosen
  • Disbursement within 24-28 Hours
  • Complete Digital Loan Process
  • No Income Documents Required

Pricing

  • Interest rate: 1.33% P.M.
  • Processing Fee: 2% - 5%

Documents Required

  • Proof Of Identity & Proof of Address
  • Bureau Based Offer - No Income Documents
  • Banking Based Offer - Last 3 Month Bank Statements

Processing Fee

3%

Max Tenure

12-72Months

Best Rate

11.04% P.A.

View Details

Features

  • Loan upto 35 Lakhs
  • Flexible Tenures upto 6 years
  • Faster Loan Process

Pricing

  • Interest rate: From 0.92 P.M.
  • Processing fee: 1% to 3%

Documents Required

  • Last 3 Months Payslips
  • Last 6 Months Bank Statements
  • Proof Of Identity (Voter ID,Passport,Driving License,Aadhar Card)
  • Proof Of Address (Ration Card, Electricity Bill, Passport)
  • Proof Of Employment & Ownership - If Required

Processing Fee

Nil*

Max Tenure

36 Months.

Best Rate

Nil*

View Details

Features

  • Quick loan processing.
  • Minimal documentation.
  • Min Eligiblity Criteria.

Pricing

  • Interest rate - 20% to 36% P.A.
  • Processing fee - From 2.5%.

Documents Required

  • ID Proof.
  • Address Proof.
  • Salary slip and appoinment Letter (for amber Customers).
  • Income proof (3 Months BS )

Processing Fee

2.50%

Max Tenure

12 - 72 Months.

Best Rate

11.04% P.A.

View Details

Features

  • Minimal Documentation.
  • Hassle Free Process.
  • Quick loan processing.

Pricing

  • Interest Rate: 0.92% P.M.
  • Processing fee: 2.50%

Documents Required

Processing Fee

2%

Max Tenure

2 - 60 months

Best Rate

15.96% P.A.

View Details

Features

  • Disbursal in 116 seconds.
  • No foreclosure charges
  • 100% Online Process

Pricing

  • Interest rate: 1.33% P.M.
  • Processing fee: From Rs. 399 upto 2% on Loan amount

Documents Required

  • ID Proof.
  • Address Proof.
  • Income proof (Salary slip,bank statement).

Processing Fee

1%

Max Tenure

12 - 60 Months.

Best Rate

12.96% P.A.

View Details

Features

  • Minimal Documentation.
  • Quick loan Processing.
  • Balance Transfer Facility.

Pricing

  • Interest rate: 1.08% P.M.
  • Processing fee: From 0.75 - 2%

Documents Required

  • ID Proof.
  • Address Proof.
  • Income proof (Latest 2 salary slips & Last 3 months'bank statement).

Ujjivan Personal Loan

4

Processing Fee

2.0%

Max Tenure

5 yrs

Best Rate

15.5%

Edelweiss Salaried Personal Loan

4

Processing Fee

2%

Max Tenure

nil*

Best Rate

23.0%

MyMoneyMantra Personal Loan

4

Processing Fee

2%

Max Tenure

1-5 yrs

Best Rate

10.75%

RBL Personal Loan

4

Processing Fee

2%

Max Tenure

5 yrs

Best Rate

13.99%

Shriram City Union Personal Loan

4

Processing Fee

2.5%

Max Tenure

1 year

Best Rate

35.1% p.a

Shriram City Union Personal Loan

4

Processing Fee

2.5%

Max Tenure

1 year

Best Rate

35.1% p.a

HDFC Personal Loan EM

4

Processing Fee

2.50%

Max Tenure

12 - 72 Months.

Best Rate

10.99%

HDB Personal Loan

4

Processing Fee

2%

Max Tenure

1.6 yrs

Best Rate

18%

Bajaj Finance Personal Loan

4

Processing Fee

2.25%

Max Tenure

5 yrs

Best Rate

14.75%

ICICI Bank Personal Loan

4

Processing Fee

999₹*

Max Tenure

5 yrs*

Best Rate

11.49%*

Shriram City Union Personal Loan

4

Processing Fee

2.5%

Max Tenure

1 year

Best Rate

35.1% p.a

Finzy personal Loan

4

Processing Fee

2%

Max Tenure

6 to 36 Months.

Best Rate

7.99% p.m

SBI personal loan

4

Processing Fee

1.50%

Max Tenure

up to 6 years

Best Rate

15.65% p.a

Navi Personal Loan

4

Processing Fee

Nil

Max Tenure

6 years

Best Rate

9.9%-45% p.a.

MANAPPURAM Personal Loan

4

Processing Fee

2%

Max Tenure

NA

Best Rate

IndusInd Bank Personal Loan

4

Processing Fee

0.5%*

Max Tenure

5 yrs

Best Rate

12.99%*

Fullerton Personal Loan

4

Processing Fee

2%

Max Tenure

4 yrs

Best Rate

17.25% *

Capital First Personal Loan

4

Processing Fee

2.49%

Max Tenure

NA

Best Rate

16%

PNB Personal Loan

4

Processing Fee

nil*

Max Tenure

nil*

Best Rate

10.95%

Citibank Personal Loan

4

Processing Fee

nil*

Max Tenure

nil*

Best Rate

10.99%

Kotak Mahindra Bank Personal Loan

4

Processing Fee

nil*

Max Tenure

nil*

Best Rate

11.50%

Bank of Baroda Personal Loan

4

Processing Fee

nil*

Max Tenure

nil*

Best Rate

11.60%

Corporation Bank Personal Loan

4

Processing Fee

nil*

Max Tenure

nil*

Best Rate

13.75%

Union Bank of India Personal Loan

4

Processing Fee

nil*

Max Tenure

nil*

Best Rate

14.40%

Bank of India Personal Loan

4

Processing Fee

nil*

Max Tenure

nil*

Best Rate

10.99%

Canara Bank Personal Loan

4

Processing Fee

nil*

Max Tenure

nil*

Best Rate

12.60%

IDBI Personal Loan

4

Processing Fee

nil*

Max Tenure

nil*

Best Rate

9.50%

Bank of Maharashtra Personal Loan

4

Processing Fee

nil*

Max Tenure

nil*

Best Rate

9.70%

Andhra Bank Personal Loan

4

Processing Fee

nil*

Max Tenure

nil*

Best Rate

10.25%

Karur Vysya Bank Personal Loan

4

Processing Fee

nil*

Max Tenure

nil*

Best Rate

11%

Tamilnad Mercantile Bank Personal Loan

4

Processing Fee

nil*

Max Tenure

nil*

Best Rate

10.40%

HSBC Bank Personal Loan

4

Processing Fee

nil*

Max Tenure

nil*

Best Rate

10.99%

Central Bank of India Personal Loan

4

Processing Fee

nil*

Max Tenure

nil*

Best Rate

11.50%

Dena Bank Personal Loan

4

Processing Fee

nil*

Max Tenure

nil*

Best Rate

11.50%

UCO Bank Personal Loan

4

Processing Fee

nil*

Max Tenure

nil*

Best Rate

11.45%

Allahabad Bank Personal Loan

4

Processing Fee

nil*

Max Tenure

nil*

Best Rate

13.00%

Syndicate Bank Personal Loan

4

Processing Fee

nil*

Max Tenure

nil*

Best Rate

14.20%

Vijaya Bank Personal Loan

4

Processing Fee

nil*

Max Tenure

nil*

Best Rate

13.50%

Indian Bank Personal Loan

4

Processing Fee

nil*

Max Tenure

nil*

Best Rate

9.65%

Federal Bank Personal Loan

4

Processing Fee

nil*

Max Tenure

nil*

Best Rate

11.75%

Aditya Birla Personal Loan

4

Processing Fee

nil*

Max Tenure

nil*

Best Rate

11.75%

Indian Overseas Bank Personal Loan

4

Processing Fee

nil*

Max Tenure

nil*

Best Rate

14.05%

South Indian Bank Personal Loan

4

Processing Fee

nil*

Max Tenure

nil*

Best Rate

10%

HDBFS Personal Loan

4

Processing Fee

nil*

Max Tenure

nil*

Best Rate

13.99%

Credy Personal Loan

4

Processing Fee

3.0%

Max Tenure

NA

Best Rate

1%

India Bulls personal Loan

4

Processing Fee

2.5%

Max Tenure

nil*

Best Rate

11.99%

Sorry! We couldn't find any offer matching this category.

Personal Loan in Nagpur

Do you live in Nagpur? Are you looking for a personal loan in Nagpur and wondering what your options are? Read on!

Personal Loans in Nagpur

What is a personal loan?

A personal loan is an unsecured loan, meaning you don’t require any guarantor or collateral to avail the loan. A personal loan could come in handy in emergency situations like a medical treatment, loss of job, or simply to take a luxurious vacation, or can be used as a debt consolidation tool as well. The end use of the loan is not restricted and could be used for any legitimate purpose.

However, it is important to note that personal loans are among the most expensive loans. They come with the highest interest rates since they are 'unsecured'. This is because the bank/NBFC has no safeguard in case of default. The interest rate on a personal loan could range from as low as 11% to as high as 32%.

Key features of a Personal Loan:

  • Loans for salaried & self-employed individuals.
  • Simple documentation, and quick processing
  • Speedy approvals and disbursals
  • Over-the-counter loans subject to certain conditions
  • Flexible tenure—choose from tenures ranging from 1 to 5 years
  • No collateral, security or guarantor required
  • Special offers for professionals
  • Facility to apply online with most of the lenders
  • Special offers for existing Customers
  • Loan amount starting from a few thousands to many lakhs.

Personal Loans in Nagpur—Availability

All major banks and NBFCs offer personal loans in Nagpur. Popular banks and NBFC’s that offer personal loans in Nagpur include: Federal Bank, Indian Overseas Bank, CitiBank, RBL Bank, Indian Bank, IndusInd bank, Union Bank of India, SBI, Bank of India, Canara Bank, Oriental Bank of Commerce, ICICI Bank, IDBI Bank, Standard Chartered Bank, Axis Bank, Punjab National Bank, HDFC Bank, Fullerton, Sundaram Finance, Bajaj Finance, Shriram Finance, etc.

Personal loans in Nagpur for salaried, self-employed, business people and NRIs are available.

Is it possible to get a personal loan in Nagpur with bad credit?

It is not entirely impossible to get a loan with bad credit, but the cost would be high—in terms of interest payments. It is always advisable to raise your credit score to a healthy number of 700 or above, so that you can avail a personal loan at reasonably good terms and interest rate.

Eligibility for Personal Loan in Nagpur

  • Age criteria: The applicant should be between 21 years to 65 years (at the time of maturity of the loan).
  • Salaried, self-employed, and business professionals are eligible to apply. If you are not a regular wage earner, talk to your bank manager about your situation.
  • Minimum salary for salaried people is typically Rs. 15,000 though the salary requirement depends on what tier of city you live in and the company you work for.
  • Should be staying in the same address / city for at least 1 year
  • Total work experience should be at least 2 years
  • Should have a stable employment history.

You can check your eligibility for a personal loan in Nagpur online, on the lender’s website.

Documents Required for Personal Loans in Nagpur

For salaried / self-employed professionals:

Following are an overview of the documents generally asked while applying for a personal loan in Nagpur:

  • Valid Identity Proof - Passport, Driving License, Voter ID Card, Aadhar Card, PAN Card (any one document to be submitted)
  • Valid Address Proof – Lease/Rent Agreement, Passport, Driving License, Ration Card, Utility bill (not more than 3 months old), Bank Statement
  • Income Proof Documents – Last 6 months salary slip and latest Form 16
  • Bank Statements: Past 6 months bank statement with salary credit
  • Continuity of employment proof, like offer letter, relieving letter, etc.

For the self-employed and those into business, the following might be requested for in addition to the above-mentioned documents.

  • Degree Certificate / educational documents for self-employed professionals.
  • Proof of business existence
  • Last 3 years Income Tax returns (self and business)
  • Last 3 years Profit /Loss and Balance Sheet, duly attested by a CA
  • Any other documents as directed by the Bank or NBFC

Personal Loan in Nagpur With Low Interest

In order to land the best deal on a personal loan, you need to make sure you have a healthy credit score. A score of 750 and above would ensure you land a loan offer with the lowest interest rate.

Tip: The most important and deciding factor is the interest rate. Compare and contrast different features of a personal loan with different lenders before zeroing in on one offer.

Personal Loan in Nagpur FAQS

1. What is the minimum and maximum loan amount for salaried people?

The loan amount generally varies from a few thousands to lakhs of rupees depending on various factors like income, credit score, borrowing history, employer profile, repayment capacity etc.

2. Do I have to pledge any collateral in order to secure a personal loan?

No collateral or security is required for obtaining a personal loan in Nagpur.

3. How do I repay the loan?

You can repay the loan amount in convenient EMI (Equated Monthly Instalments).

4. What is an EMI?

EMI stands for Equated Monthly Installment and is the monthly amount you need to pay your lender towards servicing your personal loan—interest included.

How to apply for Personal loan in Nagpur:

There are several ways to apply for a personal loan:

  • You can apply directly online at the bank / NBFC's website
  • You can go in person to your nearest branch and apply with the required documents

Need help? Alternatively, if you think you need help with your personal loan application and advice on loan eligibility, then CreditMantri can guide you through the entire process and match you with the loan offer that best suits your unique credit profile.

Choose Personal Loan By City

Choose Personal Loan By Bank

Popular Article

Popular Question

CreditMantri will never ask you to make a payment anywhere outside the secure CreditMantri website. DO NOT make payment to any other bank account or wallet or divulge your bank/card details to fraudsters and imposters claiming to be operating on our behalf. We do not sell any loans on our own and do not charge any fee from our customers/viewers for the purpose of loan application

Mastercard
Visa
Rupay
SafeKey
thawtr
Corporate Agent (Composite)

CreditMantri Finserv Private Limited

CIN No

U72100TN2012PTC085154

IRDAI Registration Number

CA0665

Valid Till

01-Aug-2025

ADDRESS

CreditMantri Finserve Private Limited Unit No. B2, No 769, Phase-1, Lower Ground Floor, Spencer Plaza, Anna Salai, Chennai - 600002

Copyright © 2024 CreditMantri