To get best offers from a network of over 300 service providers, simply fill up the adjoining application form. Our automated engine will match your requirements with a comprehensive set of offers in the market and connect you to a maximum of 5 providers who can service your need. WHEN BANKS COMPETE YOU WIN. You will yourself be able to decide which bank gives the best personal loan based on any of the following parameters:
- Lowest Interest Rate
- Lowest EMI
- Maximum Loan Amount Offered
- Lowest Processing Fees
- Eligibility based on your credit report (from credit bureaus such as CIBIL)
- Other Parameters
4 step process to get the best personal Loan
1) Make sure your credit history is clear by getting a copy of your own credit report from CIBIL. You can get the report online by logging into www.cibil.com . If your credit history shows any errors get them corrected first before you apply for a personal loan as lenders are likely to reject the loan application if the credit report shows any defaults in the past.
2) Make lenders compete, compete and compete. That is the best way you will get the lowest EMI as well as processing fees.
3) If loan eligibility is not an issue find out if a lower interest rate or lower processing fee is available if you reduce the loan amount
4) Other things remaining the same you can choose the loan that has a lower pre-payment charge
Abn Amro Personal Loan
Features: One can get a loan to buy assets and consumer durables, do home improvements, tax saving investments, pursue higher education, go for holidays and travel or meet emergency medical needs. The bank offers personal loans for a maximum ranging from Rs. 1-15 lakh for a maximum tenure of up to 5 years. One can also get a personal loan against an existing car, home, personal loan as well as a credit card. The option of balance transfer is also available for high interest loans. Existing ABN AMRO customers may be eligible for special discounts on the interest rates and simplified application process under the 'Relationship Rewards Program'.
Processing Fees: 2.25% of loan amount
Prepayment Charges: 5% of outstanding amount
Max Tenure: 3
Min-Max Age: 25-65
| Plan | Interest Rate Min | Interest Rate Max | EMI | Processing Fee |
|---|
ABN Amro
16.0
23.0
3516 - 3871
2.25% of loan amount
| ABN Amro | 16.0 | 23.0 | 3516 - 3871 | 2.25% of loan amount |