Personal Loan in Pondicherry Interest Rates Oct 2016

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Interest Rates, Processing Fee, EMI Comparison - Personal Loan Pondicherry

Bank, Click for More Details Interest Rates* Processing Fee Lowest EMI per Rs. one lakh
Axis Bank 15.50% - 24.00% Upto 2.00% Rs. 2,405
Bajaj Finserv 14.25% - 16.75% 1.99% - 3% Rs. 2,340
Capital First 16.00% - 24.00% 1.99% Rs. 3,516
Citibank 11.49% - 15.75% Upto 2%; discount of 0.5% upto 3rd Nov 2016. Get Amazon gift voucher of Rs. 250 from Citi and upto Rs. 2,500 Flipkart gift voucher from MyLoanCare Rs. 2,199
Fullerton India 17.25% - 35.00% 2.50% to 6.00% Rs. 2,898
HDFC Bank 11.49% - 20.00% 0.25% to 1.50%; Rs. 250 Amazon gift voucher from HDFC Bank; Upto Rs. 2,500 Flipkart voucher from MyLoanCare Rs. 2,199
ICICI Bank 11.49% - 22.00% 0.25% to 1.50%; Min - Rs. 999 Rs. 2,199
IndusInd Bank 11.49% - 22.00% 0.25% to 2% Rs. 2,199
Kotak Bank 11.50% - 24.00% 1.0% to 2.0% Rs. 2,199
SBI 12.50% - 16.60% 2.02% to 3.03% Rs. 2,658
Standard Chartered Bank 11.99% - 15.50% 0.50% to 1.00% Rs. 2,224
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Special Features

  • Compare and choose - ICICI Bank, HDFC, Kotak Bank, Citibank, SCB, IndusInd, Axis, Capital First
  • Loan amount upto Rs. 30 lakhs or even higher in select cases
  • Interest rates at 11.49%* onwards for 1 to 5 years
  • Flexi loans, nil prepayment charges options
  • Doorstep service and online customer support

Discounted Interest Rates and Offers available for Salaried Employees of Following Companies in

    Leading banks and personal loan providers offer loans to Pondicherry's over 654,392 people working in industries like BPO, IT Services, Shipping, Shipbuilding, Transportation.

    Personal Loan Prepayment Charges in Pondicherry

    Bank Prepayment
    Axis Bank
    • Part Prepayment is allowed after paying 1 EMI's Nil prepayment charges
    • Full Prepayment is allowed after paying 1 EMI's Nil prepayment charges
    ICICI Bank
    • Part Prepayment is not allowed
    • Full Prepayment is allowed after paying 6 EMI's 5% prepayment charges applicable
    HDFC Bank
    • Part Prepayment is not allowed
    • Full Prepayment is allowed after paying 12 EMI's Prepayment charges vary by year: 2nd year - 4%; 3rd year - 3%, after 3 years - 2%
    • Part Prepayment is allowed after paying 0 EMI's Nil Prepayment Charges
    • Full Prepayment is allowed after paying 1 EMI's Nil prepayment charges
    Kotak Bank
    • Part Prepayment is not allowed
    • Full Prepayment is allowed after paying 6 EMI's 5% prepayment charges, 30 days notice applicable
    • Part Prepayment is allowed after paying 6 EMI's Can pay between 2 and 5 EMIs at NIL charges
    • Full Prepayment is allowed after paying 6 EMI's 4% prepayment charges applicable
    IndusInd Bank
    • Part Prepayment is not allowed
    • Full Prepayment is allowed after paying 12 EMI's prepayment charges may apply
    Standard Chartered Bank
    • Part Prepayment is not allowed
    • Full Prepayment is allowed after paying 12 EMI's prepayment charges may apply
    Fullerton India
    • Part Prepayment is not allowed
    • Full Prepayment is allowed after paying 12 EMI's 4% prepayment charges applicable
    Bajaj Finserv
    • Part Prepayment is allowed after paying 1 EMI's can prepay upto 25% in a year without charges
    • Full Prepayment is allowed after paying 1 EMI's with 4% charges on outstanding principal
    Capital First
    • Part Prepayment is not allowed
    • Full Prepayment is allowed after paying 24 EMI's 5% charges upto 6 months and at 4% after that

    Personal Loan Branches in Pondicherry

    Bank Branch
    Andhra Bank YANAM
    Axis Bank YANAM
    Bank of India YANAM
    Indian Bank YANAM

    What are the main eligibility criteria for personal loans in Pondicherry

    You may be eligible for personal loan from one or more banks in India if you meet the following eligibility conditions:
    Minimum and Maximum Age:
    • 21 Yrs. – 65 Yrs. However, many banks require minimum age of 23 years
    Loan Amount:
    • Up to Rs. 50 lakhs. Most banks restrict maximum eligibility to Rs. 25 lakhs.
    • Some banks also restrict the maximum eligibility at 10 – 22 times net monthly income.
    Net Monthly Income:
    • Min. Rs. 15,000 per month in rural and semi urban areas and Rs. 20,000/- per month in metros.
    • Some banks specify higher minimum income requirement for people staying on rent.
    Employment Type:
    • Salaried customers have more choices for personal loan banks.
    • Interest Rates are typically in the range of 11.49% to 18.0% per annum.
    • Personal loans to self employed professionals and businessmen are classified as Business Loan.
    Minimum Work Experience:
    • To be eligible for personal loan, most banks require that the applicant must have at least 3 years of total work experience.
    • In addition, some banks require that the borrower must have been in current company for not less than 6 to 12 months. However, this eligibility condition is subject to waiver in some case of employees of large reputed companies or those with professional degrees.
    • In case of self employed people, to be eligible for personal loan, the business must have been in existence for at least 5 years and income tax returns must be available for at least three previous years.
    CIBIL Score:
    • As personal loan is an unsecured loan, banks are cautious in lending to people with poor credit history.
    • So, a CIBIL score or 700 or more and a clean credit report are important eligibility condition in most banks.
    • In case you have a low CIBIL score, avoid applying for personal loan as this will hurt your score even further. Instead, opt for a gold loan from one of the banks. This will not only give you the cash you need but also help improve your CIBIL score over time.

    Documents Needed for Personal Loan Application in Pondicherry

    Salaried Self Employed
    Signed Application Form
    Identity Proof (PAN)
    Residential Address Proof
    Last 2 years' Form 16, last 6 months salary slip, last 6 months' bank account statement showing salary credit
    Last 3 years ITR (self and business), profit and loss account, balance sheets certified/audited by a CA. Last 12 months bank account statement (self and business)
    Last Educational Degree
    Certificate and Proof of Business Existence
    Business Profile
    Office address – ownership/ lease / rent agreement/ utility bill

    Personal loan available for people staying in following areas in Pondicherry

    • Abhishekapakkam
    • Anna Nagar
    • Annamalai Nagar
    • Aravindar Nagar
    • Ariyankuppam
    • Ariyapalayam
    • Ariyur
    • Ashok Nagar
    • Auroville
    • Bahur
    • Bommayapalayam
    • Brindavanam
    • Chettipattu
    • Colas Nagar
    • Cuddalore
    • Dharmapuri
    • ECR Road
    • Edayanchavady
    • Ellaiamman Koil
    • Gaffour Nagar Extension
    • Gorimedu
    • HAC Circle
    • Heritage Town
    • Ilango Nagar
    • Iyyanar Koil Street
    • Jansi Nagar
    • Jhonsi Nagar
    • Kalaivanar Nagar
    • Kalapet
    • kamaraj nagar
    • Kanniyakoil
    • Karaikal
    • Karikalampakkam
    • Karuvadikuppam ECR Road
    • Kathirkamam
    • Keezh Sathamangalam
    • Kirumampakkam
    • Kottakuppam
    • Kottupalayam
    • Krishna Nagar
    • Kuruchikuppam
    • Kurumbapet
    • Lawspet
    • Le Bonheur Nagar
    • Madagadipet
    • Madukarai
    • Mahaveer Nagar
    • Mailam
    • Manapet
    • Marapalam
    • Marie Oulgaret
    • Mariyal Nagar
    • Mettupalayam
    • Montorsier Street
    • Moogambigai Nagar
    • Moolakulam
    • Mudaliyarpet
    • Muratandy
    • Murungapakam
    • Muthialpet
    • Navarkulam
    • Nethaji Nagar
    • Nettapakkam
    • New Saram
    • Odiyampattu
    • Orleanpet
    • Oulgaret
    • Pakkamudayanpet
    • Pangoor
    • Pappammal Koil Street
    • Pattanur
    • Periyakattupalayam
    • Pillaichavady
    • Pon Nagar
    • Puducherry
    • Pulivalam
    • Ragavendra Nagar
    • Rainbow Nagar
    • Ramalinga Nagar
    • Reddiarpalayam
    • Reddiyar Palayam
    • Saram
    • Shanthi Nagar
    • Sorapet
    • Subbiah Nagar
    • Swarna Nagar
    • Tagore Nagar
    • Thattanchavady
    • Thavalakuppam
    • Thengaithittu
    • Thirukkanur
    • Thiruvandarkoil
    • Utchimedu
    • Vaithikuppam
    • Vasan Nagar
    • Vasanth Nagar
    • Veerampattinam
    • Velrampet
    • Venkata Nagar
    • Villianur
    • VOC street
    • White Town
    • Yanam

    Pondicherry Customer Care Number, Email

    Bank Customer Care Number
    HDFC Bank 984-067-3333,
    Citibank 044-28522484
    Kotak Bank 1800-102-6022
    ICICI Bank 0730-566-7777
    SBI 979-191-2211
    IndusInd Bank 1860-500-5004/ 022-44066666,
    PNB Housing Finance
    Yes Bank 1800-2000,
    Allahabad Bank 1800-22-0363,
    Indian Bank 1800-425-00-000
    Standard Chartered Bank 1800-345-1000,
    Axis Bank 1800-209-5577
    United Bank of India 1800-345-0345
    Andhra Bank 1800-425-2905,
    Union Bank of India 1800-208-2244,
    PNB 011-23318130,
    Central Bank of India 1800-200-1911
    Bank of India 1800-103-1906/ 022-40919191,
    Canara Bank 1800-425-0018
    Capital First 1860-500-9900,
    Catholic Syrian Bank 1800-266-9090/ 0487-2333020
    Bank of Baroda 1800-223-344
    Federal Bank 1800-425-1199
    Dena Bank 0413 2226738
    IDBI Bank 1800-200-1947
    Jammu And Kashmir Bank 1800-220-600
    Karnataka Bank 0824-2228154
    Karur Vysya Bank 1860-200-1916
    State Bank of Mysore 1800-425-2244
    Vijaya Bank 1800-425-4066
    Indian Overseas Bank 1800-425-4445, 044-2851 9639,
    HSBC Bank 1860-500-2255
    Bank of Maharashtra 1800-102-2636
    Dhan Laxmi Bank 1800-425-1747,
    City Union Bank 7299075082,
    Punjab and Sind Bank 1800-221-908
    South Indian Bank 1800-843-1800
    Syndicate Bank 1800-425-0585
    State Bank of Patiala 1800-180-2010
    Corporation Bank 1800-425-2407,
    DBS Bank 1800-209-4555
    Deutsche Bank 1860-266-6601,
    Development Credit Bank 1800-209-5363,
    Lakshmi Vilas Bank 1800-425-2233
    OBC 1800-180-1235
    Ratnakar Bank 1800-123-8040,
    State Bank of Travancore 1800-425-7733
    UCO Bank 1800-103-0123,
    Tamilnad Mercantile Bank 1800-425-0426
    LIC Housing Finance
    GIC Housing Finance
    Reliance Capital
    Fullerton India 1800-103-6001
    Raas Housing Finance
    Tata Capital 1800-209-6060,
    Bajaj Finserv 020-39575152,
    Magma Finance 1800-3002-3202,
    Bandhan Bank 1800-258-8181,
    Au Financiers 900-111-1333/900-111-1385
    Janalakshmi Bank 1800-419-5262
    India Shelters
    Ujjivan 1800-3010-2121
    Equitas Housing Finance
    Muthoot 1800-102-1616

    Apply personal loan online on MyLoanCare. No need to run after loan agents in Pondicherry!

    Personal Loan @ 11.49%* Cashback Upto Rs. 2,500

    Compare SBI, PNB, ICICI Bank, HDFC, Axis Bank, Citibank, SCB, Bajaj Finserv, Fullerton India, Capital First and others online.

    *My Finance Care Advisors Pvt. Ltd., or is a bank neutral multi bank platform that helps borrowers and bank customers compare loans and deposits of all banks in India at one place. Information carried at this website is based on perusal of public sources and should not be construed as an offer or solicitation or invitation to borrow or lend. The Company does not assure as to the correctness of information carried at the website. Lenders/ banks/ other parties may contact us at to provide corrections or updates. We may act as and/ or be associated with channel partners of banks and other sellers of financial products.
    Personal Loan News - Oct 2016
    18th Oct 16 Citibank gives special Diwali offers on personal loans
    Citibank personal loan offers reduction in rates to 11.49 per cent for digital channels and online applications made at MyLoanCare. Bank offers 0.50 per cent discount on processing fee and an Amazon Gift Voucher of Rs. 250 for loans disbursed till 3rd November, 2016. Also, get a Flipkart Gift Voucher upto Rs. 2500 on applying through MyLoanCare.
    11th Oct 16 Fullerton India gives special offers on personal loans
    Fullerton India has come out with special offers on personal loan in this festive season for the people of Andhra Pradesh and Telangana. Fullerton India is offering 0.5 per cent waiver on personal loan interest rates and special gifts for high value loans. The company is also offering 50 per cent waiver on processing fees of personal loan to women applicants. The offer is valid from October 1, 2016 till Diwali.
    04th Oct 16 Tata Capital introduces Happy Hours for personal loans
    Tata Capital introduces Happy Hours named social media promotion for its personal loans product. During the Happy Hours the prospective buyers can apply for the loan with ZERO processing fees for the limited period of 6 hours only. The promotional offer of personal loans will exclusively be available on the social media pages of Tata Capital. They have successfully completed two rounds of Happy Hours and the next round will be on 5th October, 2016 from 1 PM to 7 PM only.
    27th Sep 16 Tata Capital Witnesses an Uptake in Personal Loans
    Tata Capital has seen a heavy growth in retail loans, especially personal loans in the current financial year. Tata Capital has noticed a 68 per cent jump in the number of personal loans disbursed between April to July to over Rs. 220 crores in the current fiscal from Rs.130 crore in the last fiscal.
    06th Sep 16 Federal Bank launches Digital Personal Loans
    Federal Bank has launched Digital Personal Loans for its customers to avail personal loans instantly with minimal paper work. Now customer can get personal loans in a minute by just logging into its website. The loan money will be credited to the account of the customer after the approval of the offer by the borrower. This is the third digital retail loan scheme offered by the bank after car loan and loan against term deposit.