Personal Loan In Ludhiana – SBI, HDFC, ICICI, Bajaj, Fullerton
Choose the best personal loan in Ludhiana : Check Interest Rates and Eligibility for personal loan in the Ludhiana. Compare and choose the best interest rates from the bank’s list given below: SBI, Fullerton India, BOI, ICICI, HDFC, Axis, Bajaj Finserv, Capital First, UCO, BOB, Canara, Kotak, HSBC, Standard Chartered, Tata Capital, Indusind, HDB Financial.
It is online process, fill the application form given below and check the eligibility i.e personal loan rate of interest, emi, tenure, schemes, required documents and other details. Applications approval depends above mentioned criteria. You can also check your application status.
Personal loan is a facility provided by the bank to fulfill the financial requirements i.e (personal use, medical emergencies, marriage purpose,education purpose etc). The loan can be repaid monthly i.e through emis.
Apply For Personal Loan In Ludhiana
Personal Loan Interest Rates
| Banks | Interest Rates |
| State Bank of India | 10.50% - 13.50% |
| ICICI Bank | 11.25% - 18.00% |
| HDFC Bank | 10.75% - 18.00%. |
| Bajaj Finserv | 11.99% - 16.00% |
| Axis Bank | 12.00% - 20.00% |
| Kotak Mahindra Bank | 10.99% onwards |
| Fullerton India | 11.99% - 20.00% |
| Bank of Baroda | 11.15% - 16.15% |
| Bank of India | 12.20% - 14.20% |
| Tata Capital | 10.99% onwards |
| Standard Chartered | 11.00% - 19.20% |
| IndusInd Bank | 11.25% onwards |
- Proof of Identity:- Passport / Driving License / Voters ID / PAN Card (any one)
- Proof of Residence:- Leave and License Agreement / Utility Bill (not more than 3 months old) / Passport (any one).
- Latest 3 months Bank Statement (where salary/income is credited).
- Salary slips for last 3 months.
- 2 Passport Size photographs.
- KYC Documents : Proof of Identity; Address proof; DOB proof.
- Proof of Residence:- Leave and License Agreement / Utility Bill (not more than 3 months old) / Passport (any one).
- Income proof (audited financials for the last two years).
- Latest 6 months Bank statement.
- Office address proof.
- Proof of residence or office ownership.
- Proof of continuity of business.
Personal Loan Details For Salaried and Self-employed Ludhiana
| Loan Amount | Min. Rs. 50,000 to Max. 15,00,000 depending on eligibility |
| Processing Fee | 2% – 3% of loan amount |
| Prepayment Charges | Up to 3% |
| Foreclosure or Prepayment | Available |
| Repayment Period | Min. 12 months – Max. 60 months |
| Repay The Loan | Repay the loan in Equated Monthly Installments (EMI’s) |
| Top Up Facility | Avail after specified EMI paid |
| Requirement Of Guarantor | Not required |
| Approval Time | 5 minutes |
| Loan Disbursal | Soon Loan Disbursal |
EMI Calculator For Personal Loan
Eligibility Criteria s For Personal Loan In Ludhiana
| Monthly Income Required | Around Rs.12,000 onwards |
| Age Limit | 21 years – 60 years |
| Required Cibil Score | Around 700 |
| Total years in job/profession | Minimum 2 years of job stability |
| For Self-employed | Minimum 3 years of business stability |
| Residence Stability | Minimum 1 year of current stability |
Branch addresses for personal loan in Ludhiana
| List Of Banks | Address |
| SBI | Chaura Bazar Rd, Dr. Kalicharan Chowk, Chaura Bazar, Old Ludhiana, Ludhiana, Punjab 141008 |
| HDFC | 1284 / 95, Sunder Nagar Rd, Sunder Nagar Chownk, Guru Nanak Nagar, Sardar Nagar, Sunder Nagar, Ludhiana, Punjab 141008 |
| ICICI | Near Jalandhar Bypass Road, Netaji Colony, Salem Tabri, Ludhiana, Punjab 141008 |
| Axis | Dhelewal Road, Vishkarma Chowk, Near Namdhari Street No. 5, Niran Kari Nagar, Miller Ganj, Ludhiana, Punjab 141006 |
| Bajaj Finserv | First & Second Floor, Sco-35-G, Bhai Randhir Singh Nagar, Block -G, Opposite Police Station, Ludhiana, Punjab 141002 |
| Bank Of India | 35-G, Ludhiana Rd, Opp. Police Station, Block- G, BRS Nagar, Ludhiana, Punjab 141012 |
| UCO Bank | P.B. No. 86, G.T. Main Rd, Near Vishkarma Chowk, Miller Ganj, Ludhiana, Punjab 141003 |
| Kotak Mahindra Bank | 422, Murad Pura Rd, Tagore Colony, Miller Ganj, Ludhiana, Punjab 141003 |
| Canara Bank | Gill Rd, Miller Ganj, Ludhiana, Punjab 141003 |
| Tata Capital | Ferozepur Road, Feroze Gandhi Market, Near Park Plaza, Feroz Gandhi Market, Ludhiana, Punjab 141001 |
| Indusind Bank | S.C.O. No. 12, 13 Canal Colony Near NRI silk store, Shaheed Bhagat Singh Nagar, Ludhiana, Punjab 141001 |
| HDB Financial Services | Mall Rd, Punjab Agricultural University, Ludhiana, Punjab 141027 |
| Union Bank | Ground Floor, Chicago Building, Dugri Rd, Opposite Model Town Road, Atam Nagar, Model Town, Ludhiana, Punjab 141002 |
| United Bank | 202, Sai Towers, G.T.Rd, Near Cheema Chowk , Opposit Police Post, Janakpuri, Industrial Area- A, Ludhiana, Punjab 141003 |
| Punjab National Bank | Chaura Bazar Rd, Purani Kotwali, Chaura Bazar, Old Ludhiana, Ludhiana, Punjab 141008 |
| Allahabad Bank | B-XXIV 2677, Rahon Rd, SSI Branch, Valmiki Chowk, New Madhopuri, Sunder Nagar, Ludhiana, Punjab 141008 |
| Yes Bank | BXX-2427/928, Near Shehanshah Palace,, Ferozpur Rd, Gobind Nagar, Gurdev Nagar, Ludhiana, Punjab 141001 |
| Karnataka Bank | B-15/179, 1st Floor, P.B.NO.789, Sona Complex, Nirankari Kucha No.4, G.T Road, Niran Kari Nagar, Miller Ganj, Ludhiana, Punjab 141003 |
| Oriential Bank Of Commerce | Samrala Rd, Division Number 3, Ram Nagar, Ludhiana, Punjab 141008 |
About Ludhiana
Ludhiana is a city and a municipal corporation in Ludhiana district in the Indian state of Punjab. It has an area of about 3,767 square kilometres (1,454 sq mi).[1] The city stands on the Sutlej River’s old bank, 13 kilometres (8.1 mi) south of its present course. It is a major industrial centre of northern India, and was referred to as India’s Manchester by the BBC.
Ludhiana is home to the largest agricultural university in Asia and one of the largest in the world, Punjab Agricultural University.[15] The College of Veterinary Sciences at PAU was recently upgraded to the Guru Angad Dev Veterinary and Animal Sciences University (GADVASU). Christian Medical College, Ludhiana, the first medical school for women in Asia, was founded by Dr Dame Edith Mary Brown.
Places Of Interest
1. Alamgir
2. Bhaini Sahib
3. Chhapar
4. Doraha
5. Ghudani Kalan