Axis Bank (formerly known as UTI bank), the third largest private-sector banks in India with around 2,959 branches and 12,743 ATM’s across the nation along with 9 international offices and employs over 50,000 people. With its quality service, Axis bank awarded as the “Best Performing Private Bank” in the Financial Advisor Awards 2015-2016 conducted by ICRA limited.

Axis Bank personal loan interest rate in Bangalore as on January 2021

Service type	Interest rate
Rack Interest rates	13.50% to 24%
Loan Processing charges	1.50% to 2.00% + Service Tax as applicable
Pre payment Charges	Nil
Cheque bounce charges	Rs. 500 per cheque bounce + Service Tax as applicable
Cheque / Instrument Swap charges	Rs. 500 per instance+ Service Tax as applicable
Default Interest rate	24% per annum i.e. 2% per month on overdue of installment

Required documents to apply Axis Bank Personal Loan in Bangalore

• Identity Proof: Like copy of Passport/Pan card/Driving license
• Income proof: Salary slip for the last 2 years/ Form 16 along with the current dated salary certificate
• Residence proof: Like Bank Account Statement/ latest electricity bill/latest telephone bill
• Signature proof: Valid Passport/Pan Card/Processing Fee Cheque/Banker’s verification letter
• Proof of telephone: Latest bill of landline/mobile/WLL with the name of the borrower or address of the borrower

ICICI bank is one of the largest personal loan providers in India. It provides loan of maximum Rs. 15 Lakhs for self employed, up to Rs. 30 Lakhs for salaried and Rs.40 Lakhs for doctors with a flexible repayment option of 12-60 months and charges interest rates in the range of 13.49%-18%. ICICI charges 5% prepayment charges and processing fee up to 2.25%.

Documents required to process ICICI Bank Personal Loan for SALARIED

• Proof of Identity: Any one of Driving license/Passport/Voters ID/Pan Card
• Proof of Residence: Passport/ Utility bill(not more than 3 months old)/ leave and license agreement
• Latest 3 months Bank Statement
• Salary slip for last 3 months
• 2 Passport Size photographs.

Documents required to process ICICI Bank Personal Loan for SELF-EMPLOYED

• 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.

Standard Chartered Bank personal loan rate of interest is competitive and loan process is simple. One can apply online to know interest rate, eligibility and required documents. Standard chartered bank offers personal loan to meet your all financial requirements. You can check your personal loan. If you need more information regarding Standard Chartered Bank personal loan, please feel free to contact us.

Standard Chartered Bank personal loan interest charges

Service type	Interest rate
Interest rate	13.50% to 22.00%
Loan Processing charges	2.00%
Prepayment	2.00% to 5.00%

Documents required to process Standard Chartered Bank Personal Loan

• Identity Proof like Passport, photo pan card, driving license, votes ID card, photo ration card.
• Address Proof like Passport, telephone bill, ration card, electricity bill, driving license, life/medical insurance policy, rental agreement, and apartment allotment letter.

Yes Bank is one of the leading public-private sector commercial bank headquartered in the financial capital of India, Mumbai. Yes Bank which was founded in the year 2004 by Rana Kapoor and Late Ashok Kapoor is one of the leading private sector banks in India. With an overall strength of over 600 branches and more than 2000 ATMs spread across India. Being considered the fourth largest private sector bank in India, Yes Bank provides banking and financial services to the customers.

YES Bank personal loan interest rate in Bangalore as on January 2021

Service type	Service Charges
Interest rate	Starting from 11.49%
Loan Processing charges	Up to 2% of the loan amount
Prepayment	Foreclosure of loan is not allowed up to payment of 12 EMI’s.
Pre payment Charges	4% of Principal Amount + Service Tax

Required documents to apply YES Bank Personal Loan in Bangalore

• Identity Proof: copy of passport/voter ID card/ driving license
• Address Proof: Copy of ration, telephone or electricity bill/rental agreement/passport
• Bank statement for last 3 months/passbook for last 6 months
• Latest salary slip / current dated salary certificate with latest form 16
• Photograph and PAN card photocopy
• Education proof / Employment proof

IDFC Bank Ltd.is a private banking company headquartered in Mumbai, which forms part of IDFC, an integrated finance company. IDFC Bank is India’s newest universal bank. As a young bank embracing innovative thinking and cutting edge technology, they are creating a new standard in service, experience and redefining the banking industry. IDFC Bank is to install 30K micro ATMs, 75k Aadhaar pays merchant points, in 3 months in 25 states in India. IDFC Bank started operations on 1st October 2015.

State Bank of India (SBI) is one of the largest public sector banks in India, which was launched in the first decade of the nineteenth century. Since its inception, SBI has played a major role in establishing the banking sectors by way repositories to savings and lenders to leading business across India. SBI along with its 5 associate banks which got merged recently has a network of over 13000 branches located in every nook and corner of India. SBI has played a key role in the economic development of India.

Kotak Mahindra Bank is an Indian bank and financial service firm established in 1985. Kotak Mahindra is one of India’s leading banking and financial services organizations, offering a wide range of financial services that encompass every sphere of life. From commercial banking, to stock broking, to mutual funds, to life insurance, to investment banking, the group caters to the diverse financial needs of individuals and corporate sector.

Kotak Mahindra Bank personal loan interest charges

Service type	Interest rate
Interest rate	15% to 24%
Loan Processing charges	Up to 3.00% of loan amount
Documentation Charges	Up to Rs. 5000
Credit Administration Charges	Up to 5% of the Loan amount, not exceeding Rs. 7500
Overdue Interest	3% of Overdue Amount, compounded monthly
Collection charges of Agreement / Documents	30% of penal and cheque bouncing charges
Prepayment Interest / Forclosure charges	6%,if within 6 months of the date of Agreement, 5% after 6 months
Duplicate Issue of NOC	Rs. 500/-

Eligibility for Kotak Mahindra Bank Personal Loan – Salaried

• Minimum age at the time of application should be under 21-58 years
• Minimum net monthly income should be Rs.25000
• Should have completed minimum 2 years in employment and minimum 1 year in the current organisation
• Should have completed minimum 1 year of stay at the current residence, if rented.
• Should be a Graduate.

Documents required to process Kotak Mahindra Bank Personal Loan

• Identity Proof – Passport, photo pan card, driving license, votes ID card, Aadhar card, Overseas Citizen of India card, and Person of Indian Origin card.
• Address Proof – Passport, voter ID, telephone bill, Bank account statement printed on bank’s letterhead, not more than 3 months old, signed and stamped by existing banker, Overseas Citizen of India Card, Person of Indian Origin Card, Latest IT Return, Original Letter from Company, Telephone/Electricity Bill
• An application form and a photo are required.
• Age proof – Pan Card, passport copy.
• Signature proof – PAN Card, Driver’s License, Passport copy, Banker’s attestation of Bank Account Statement.
• Ownership Proof – Electricity Bill, Water Bill, Sales Deed, and Receipt of Tax paid.
• Documents like 3 months bank pay slip form 16, and latest 6 months bank statement.

IndusInd bank is an Indian new generation private bank established in 1994. The bank offers commercial, transactional and electronic banking products and services. It uses a slogan said “We Care… Dil Se and We Make You Feel Richer.” IndusInd avail loans that are ranging from Rs.50,000 to 15,00,000 depending on your eligibility, income, nature of job and repayment capacity.

IndusInd Bank personal loan interest charges

Service type	Interest rate
Interest rate	Up to 23% p.a.
Loan Processing charges	Up to 2.50% of loan amount plus tax
Prepayment	Salaried – 4% of the principal outstanding after repayment of 12 EMIs Self-employed – 4% of the principal outstanding after repayment of 6 EMIs
Loan Re-Booking / Rescheduling Charges	Rs 1000/- plus taxes per event
Loan Cancellation Charges	Rs 1000/- plus taxes per event
Charges for Photocopy of Agreement / Documents	Rs 250/- plus taxes per event
Penal Charge	Rs 150/- plus taxes, Per EMI delay beyond 5 days

Eligibility for Salaried Employee

• Minimum age at the time of application should be 21 years
• Maximum age at loan maturity should be 60 years or retirement age whichever is earlier
• Minimum net monthly income should be Rs.25000
• Should have completed minimum 2 years in employment and minimum 1 year in the current organisation
• Should have completed minimum 1 year of stay at the current residence, if rented.

Eligibility for Self Employed Professionals

• Minimum age at the time of application should be 25 years
• Maximum age at loan maturity should be 65 years
• Minimum annual net income post tax should be Rs.4.8 lakh
• Should have 4 years of post qualification experience

Documents required to process Indus Ind Bank Personal loan Bangalore

• Valid Identity proof
• Valid Address proof
• 3 months salary slip
• 6 months Bank statement and recent Form-16
• Present company offer letter

ING Vysya Bank is a privately owned Indian multinational bank based in Bangalore, with retail, wholesale, and private banking platforms formed from the 2002 purchase of an equity stake in Vysya Bank by the Dutch ING Group. This merger marks the first between an Indian bank and a foreign bank. Prior to this transaction, Vysya Bank had a seven-year-old strategic alliance with erstwhile Belgian bank Banque Bruxelles Lambert, which was also acquired by ING Group in 1998.

ING Vysya Bank personal loan interest charges

Service type	Interest rate
Interest rate	Interest Rate on the loan will be rate as applicable at the time of signing the loan agreement. Interest for the month = Loan Outstanding*ROI%*(Number of days in a month/360)
Loan Processing charges	Upto 2% of the loan sanctioned amount subject to a minimum of Rs.1,000/-. Fee is deducted from loan amount at the time of disbursal.
Pre payment	4% of the Principal Outstanding after repayment of 6 EMIs.
Cheque/ECS/SIM Bounce Charges*	Maximum Rs.500/-
Late Payment Charges*	Any delay in the payment of an EMI shall entail an additional interest of 2% p.a. above the prevalent rate upon the EMI amount outstanding of the Loan
Statement Copy	Rs.500
Part Payment	Part payment is allowed up to 25% of the principal outstanding in a financial year without charges. However if a loan is foreclosed within 12 months of making the part payment then the part payment made will also be charged as per the applicable pre payment charges. Partial payment shall not be permitted until the completion of at least 6 EMIs.

Eligibility for Salaried Individual

• Minimum age of Applicant should be above 25 years
• Maximum age of Applicant at loan maturity should be of minimum 60 years
• Minimum employment is minimum 3 years in employment and minimum 1 year in the current organization
• Minimum Net Monthly Income should be above Rs. 30,000/- ( Rs. 3.6 Lac Annual Income)
• (For ING Vysya Bank Salary Account Holders Minimum Net Monthly Income required is Rs. 25,000/-)

Eligibility for Self Employed Professionals

• Minimum age of Applicant should be above 25 years for Chartered Accountants and 27 years for Doctors.
• Maximum age of Applicant at loan maturity should be 65 years
• Years in profession should be 3 to 5 years depending on profession
• Minimum Annual Income should be above Rs. 200000/- p.a.

Eligibility for Self Employed Non Professional

• Minimum age of Applicant should be above 25 years
• Maximum age of Applicant at loan maturity should be above 65 years
• Years in business should be minimum of 3 years in current business and 5 years total business experience
• Minimum Annual Income should be above Rs. 400000 p.a.
• Minimum years of profitable operations (PAT) should be atleast 2 years
• Financials: Audited financials Mandatory for the last 2 years.

Eligibility for Self Employed Non Professional

• Minimum age of Applicant should be above 25 years
• Maximum age of Applicant at loan maturity should be above 65 years
• Years in business should be minimum of 3 years in current business and 5 years total business experience
• Minimum Annual Income should be above Rs. 400000 p.a.
• Minimum years of profitable operations (PAT) should be atleast 2 years
• Financials: Audited financials Mandatory for the last 2 years.

Documents required to process ING Vysya Bank Personal Loan

• Proof of Identity (Passport Copy/ Voters ID card/ Driving License)
• Address Proof (Ration card Tel/Elect. Bill/ Valid Rental agreement. / Passport copy/Driving License)
• Bank Statements (latest 3 months bank statement )
• Last 3 months salary slip or current dated salary certificate with latest Form 16
• Latest ITR along with computation of income, B/S & P&L a/c for the last 2 yrs. certified by a CA
• Qualification proof of the highest professional degree
• Proof of continuation (Trade License /Establishment /Sales Tax certificate)

Canara Bank is one of the oldest Banks in India having its headquarters in Bangalore, Karnataka. Being a leading public sector Bank, Canara Bank was established in the year 1906 by Shri Ammembal Subba Rao Pai in the coastal city of Mangalore, Karnataka. Canara Bank boasts of having more than 5727 branches, 9132 ATMs across the country. Canara Bank offers personal loans to their customers to provide much –needed funds during a financial crisis. Personal loan by Canara Bank offered to their customers comes with attractive interest rates, low processing charges, and easy payment options.