Personal loan in Jaipur

Personal loan in Jaipur | Interest Rate, Eligibility from SBI, ICICI, Yes Bank, Capital First

Jaipur is the capital and largest city of the Rajasthan in Northern India. It evokes the royal family that once ruled the region and that, in 1727. Jaipur is also known as the Pink City of the India. In addition to its role as the provincial capital, educational and administrative centre, the economy of Jaipur is fuelled by tourism, gemstone cutting, the manufacture of jewellery and luxury textiles, and information technology.

In Jaipur personal loans are provided by almost all the major banks & financial institutions to individuals. Also there are unsecured loans providers from Rs. 50,000 to Rs. 40,00,000 which means that you are not necessary to mortgage anything or show an asset. The most common reason for taking a loan is debt consolidation. Some other reasons are medical, travel, home renovation, wedding & so on.

For loan approval you need to have a good credit history & adequate income. Other factors include years of employment, your company which will determine the most important factors such as amount, tenure & interest rate. In Jaipur some of the banks give you flexibility to pre-close the loan without any extra charges. Many banks have a pre-closure charge in the 4% to 5% range.

There are many banks which offer personal loans in Jaipur city such as HDFC Bank, ICICI Bank, Kotak bank, Axis bank etc. Also there are multiple NBFC’s such as Bajaj Finserv, Fullerton, Tata Capital and so on which are offer unsecured personal loans.