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
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Date : 31 Mar, 2009 Question Hello Sir, I am going to take PL of 300000, if i pay 1 lakh within 6 month as pre closure, what will be charge against that. Thank you Regards ~Anoop Answer Banks charge perepayment penalty in the range of 2%-5% on the oustanding amount. You can check the prepayment clause in your loan agreement to know how much your bank charges towards prepayment. |
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| 26541 | Hi Harsh, I have taken a personal Loan of 3Lac and i have been paying the EMI regularly(Appx 14 | ||
| 25761 | Hi : Till march 2009 I was working with a repute MNC in Mumbai with a net take home as 1.00 Lac | ||
| 24941 | if i have a home loan then also can i get a top up on my personal loan | ||
| 24457 | i have a bad credit and i need a personal loan for marriage . please advice what should i do . | ||
| 24444 | Hi Harsh, My name is Shailesh from hyderabad and i have to pay citi bank 12000 rupees and i ha | ||
| 24438 | sir, i have a salaried a/c in sbi and taken personal loan of Rs.2.5 lakhs on 29th August 2008 @ | ||
| 24382 | good afternoon sir, sir i need a personal loan of 2lacs.what should i do for that? pls do reply | ||
| 24367 | i am in need of personal loan of 1 lakh rupees which can be repaid within 6 months. Could you p | ||
| 24354 | sir, i have taken a personal loan from HDFC Bank in jan-2009 with repayment in 36 months.can i | ||
| 24351 | i have applied for a car loan i come to understanti have default in payment in my personal loan | ||
| 24343 | i heard that hdfc bank is going to give loan with out interest up to 50,000. is it true? if so | ||
| 24333 | i have outstanding on my credit cards for which iam paying monthly 30 to 35 thousand iam thinki | ||
| 24322 | I am salaeried person get 12000p.m.I need 400000. what is the procedure to take loan from Natio | ||
| 24308 | From which bank i should take a personal loan with lower rate of interest ? | ||
| 24305 | i want to know my cibil record in personal loans, my name sunil mishara, dob 20-08-1982 | ||
| 24297 | Sir, With due respect I would like to ask you that my net take home salary per month is Rs.171 | ||
| 24289 | I am looking for personal loan of Rs. 100000/- rate of intrest must be 14% to 17% only. | ||
| 24268 | how can i get personal loan. | ||
| 24233 | My monthly salary is 7500 only i am working presently in WIPRO TECHNOLOGIES from past Six Month | ||
| 24216 | I have need personal loan amount 8 lac but I am not working job so please help me. | ||
| 24212 | I am working in private sector, I want to personal loan Rs. 50000/-, My monthly salary 7200/-. | ||
| 24211 | I have a bad credit history in the bank account that is one ECS return and one check return in | ||
| 24197 | Respected sir, I have invested RS8000 in UTI wealth builder fund.I need Rs 100000 loan.I am wor | ||
| 24190 | I am a salaried person with net salary 19000 p.m. staying at Mumbai. I am employed with company | ||
| 24187 | Hello Sir, I have some personal Loans, i have been paying all my EMI's in time since last 3 ye | ||
| 24181 | I WANT GET RS 20000 AS PERSONAL LOAN SO WHAT CAN I DO | ||
| 24171 | maximum possible personal loan | ||
| 24130 | I would like to inform you that, i would be taking personal loan, hence suggest me whether to t | ||
| 24104 | On this site the interest rate range for the personal loan from HDFC bank is 16.0 - 16.5 %. But | ||
| 24075 | Sir m 20yrs old m working inovt limited company for the salary of 6000pm but i need loan of 200 | ||