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How to Get Personal Loan !!

Wednesday, December 22, 2010 Posted by Sangram
Rate Of Interest for Personal Loan

Hi All ,

From last few days , i was thinking of posting something about the Housing Loan or Personal loan. Finally Today i did some analysis about Personal Loan , Specially about the Indian Market.
So, I would like to share The information with you guys.

Most of us needs Personal Loan in life , It could be for anything, to fulfill your dreams .

What is Personal Loan ?

Personal Loan is an unsecured loan for personal use which doesn’t require any security or collateral and can be availed for any purpose, be it a wedding expenditure, a holiday or purchasing consumer durables, the personal loan is very handy & caters to all your needs. The amount of loan can be ranged from Rs. 50,000 – Rs. 20 lakh & the tenure for repaying the loan varies from 1 to 5 years.


Personal Loan : Rate Of Interest:

( On : 21 December 2010 )

CitiBank--------------------------------16.5%-18.5%

HDFC-------------------------------------15.5%-22%

Fullerton----------------------------------19%-28%

CityFinancial -----------------------------16%-21%

SBI-----------------------------------------16%-20%

Standard Chartered--------------------15.5%-22%

There are thousands of Co-Operative Banks other than these popular banks ,which also have good offers for personal Loans offered in various categories.


In My next blog , i will add more details about Personal loan and the Process.

Regards.

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