Personal Loan in Delhi NCR | Loan Kumar

Personal Loan In Delhi NCR

Best Platform to Get Personal Loans

Loankumar offers products like Home loan, Business Loan, Loan Against Property, Personal Loan in Delhi NCR, where you can get unsecured personal loans at low interest rates with instant approvals and fast disbursal.
Personal Loan Interest Rates for Delhi/NCR Start from 10%.

Personal Loan Instant Approval

Apply for a Personal Loan in Delhi/NCR

loan Kumar

Why waste time visiting banks? Apply for personal loan, sitting at your home.

Affordable Interest Rates

Attractive personal loan interest rates in Delhi/NCR starting at 12% per annum

Loan Amount

Minimum loan amount Rs. 25,000 and maximum loan amount of Rs. 5,00,000

Personal Loan Duration

Loan tenure from 3 months to 36 months

Processing Fees

Ranges from 3% to 6% of the total loan amount

In 4 Quick Steps, Your Personal Loan in Delhi/NCR is Disbursed

loan Kumar

Completely online process, apply for loan from anywhere

Fill up online application form

To apply for personal loan, create a borrower account with Loan Kumar and upload all mandatory documents

Fast approval by Loan Kumar

Instant approval for your personal loan with specific interest rates by credit team of Loan kumar

Funding of loan by registered investors

Verified investors spread across India quickly fund your loan amount

Transfer of Personal Loan Amount

Once physical verification and documentation, the loan amount gets direct transfer to your specified bank account.

Check Eligibility Criteria for Personal Loan in Delhi NCR?

loan Kumar

Check our eligibility criteria before applying for a personal loan

Salaried Employees

Self Employed Professionals/Business Owners

loan Kumar
loan Kumar
  • Resident of India
  • Age between 21 yrs. to 55 yrs.
  • Should have a valid bank account in India
  • Should have minimum monthly salary of Rs. 20,000
  • Should have a valid PAN and Aadhar card
  • CIBIL score must be more than 600 or between 1 to 5
  • People with no CIBIL history are eligible too
  • Willful defaulters are not eligible
  • Resident of India
  • Age between 21 yrs. to 55 yrs.
  • Should have a valid bank account in India
  • Should have minimum ITR of Rs. 3,00,000
  • Should have a valid PAN and Aadhar card
  • CIBIL score must be more than 700
  • Business establishment of more than 2 years
  • Willful defaulters are not eligible.
  • Should have own house or shop

Required Documents for Personal Loans in Delhi NCR

loan Kumar

Salaried Professionals

Self Employed/Business Owners

loan Kumar
loan Kumar
  • PAN Card/Aadhaar Card
    Personal Pan card and Aadhaar card
  • Permanent Address Proof
    Electricity bill / Property tax receipt / Water tax receipt / House registry papers
  • Current Address Proof
    If different from permanent address: Passport / Voter ID / Aadhar card / Driving license / Post-paid mobile / Land-line / Broadband / Valid rent agreement
  • Bank Account Statements
    Last 6 months statement of salary bank account and other active bank accounts
  • Salary Slips
    Last 3 months salary slips
  • Employment Proof
    Company ID card / Appointment letter / Latest increment letter (if any)
  • Five Cheques
    Five Cheques of your salary bank account
  • PAN Card
    Personal and Business PAN card
  • Permanent Address Proof
    Electricity Bill / Property tax receipt / Water tax receipt / House registry papers
  • Current Address Proof
    If different from permanent address: Passport / Voter ID / Aadhar card / Driving license / Post-paid mobile / Land-line / Broadband / Valid rent agreement
  • Personal and Business Bank Account Statements
    Last 6 months statement of current bank account and other active bank accounts
  • Income Tax Returns (ITR)
    Last 2 years Income Tax Returns
  • Business Establishment Proof
    Business / Shop registration documents / GST certificate
  • Five Cheques
    Five Cheques of your current bank account

Why take Personal Loan from Loan Kumar in Delhi NCR?

No Branch Visit, Apply loan in minutes online

Apply for online personal loans right from your home in minutes

Affordable interest rates

Personal loans at affordable, fixed interest rates starting from 12%

Flexibility in repayment options.

From 3 months or 36 months, you can opt for any comfortable tenure

No prepayment charges

Make part prepayment or full as and when required, without worrying about penalty

Loan Kumar is to provide access to personal loans, Home loan, Business loan, Loan Against Property at competitive interest rates.We are the leading Personal loan in Delhi NCR. We have tied up with all the leading banks to get the instant approvals in no time. They also have option to visit our office located in Gurgaon, sector 49. 

Get online personal loans or Peer to Peer (P2P) Personal Loan in Delhi NCR with click of your mouse at affordable interest rates through Loan Kumar.

Personal Loan in Delhi NCR

Delhi being the capital of the country is also an industrial, financial and political center in the country. Delhi NCR includes Gurgaon, Faridabad, Noida, Ghaziabad and Greater Noida. All these parts of NCR have robust business and also many high net worth individuals and also many premium residential properties.

There is a constant demand for personal loan in delhi NCR . Personal loans can be taken for emergency expenditures, vacations, weddings, procuring goods and there are many banks and lenders who provide Personal Loan in Delhi NCR.

HDFC bank is the largest private sector bank in India followed by ICICI bank and Axis Bank. Different lenders have different interest rates and have unique requirements for the eligibility of the loan such as Credit rating, CIBIL Score, salary, duration of work, company, past credit history and many more.

Loan kumar provides you with the best personal loan in Delhi NCR options in the market. These loans have a flexible repayment schedule and have a repayment tenure ranging from 1 to 5 years. Weather you need funds for marriage, house renovation or want to take your family for a foreign vacation, you can avail personal loans. Moreover the paperwork required is minimum and there are no hassles in getting the loan. The interest rates are also reasonable and pocket friendly

The interest rates for personal loans are 10.75 per cent onwards and the processing fee is only up to 2 per cent of the loan amount. The maximum tenure is up to 5 years and the lowest EMI per lakh is Rs. 2162 for a period of 5 years.

The prepayment charges are from nil to upto 5 per cent depending on the case.

The Documents required are as follows:

  • As an age proof you can provide your Aadhar card, PAN card, Voters ID, Driving license, passport etc.
  • As an address proof you can provide a registered rent agreement, Aadhar card, DL or passport.
  • As income documents you need to provide last 6 months salary slips, Form 16 and a copy of ITR for the last 2 years and Bank account statement of last 3 months reflecting salary credit/ business flows and Employment Certificate
  • You also need a loan application form and two passport size photos duly signed.

ABOUT US

Loan kumar is one of the best and fastest growing website and Best Personal loan in Delhi NCR. We provide all different kinds of loans like personal loan in Delhi NCR, business loans home loans & loan against property. We provide loans at competitive interest rates.

Our entire focus is to provide customer delight and satisfaction. We leave no stone unturned and make all possible efforts to see to it that our customers are satisfied and happy.

The best part is that we do not take too much time in processing the loan. Our loan dispersal is much quicker and faster than other banks and financial institutions. We are a no-nonsense organization which makes sure that the customer is happy and satisfied.

OUR PARTNERS

loan Kumar
loan Kumar
loan Kumar
loan Kumar
loan Kumar
loan Kumar
loan Kumar
loan Kumar
loan Kumar
loan Kumar
loan Kumar
loan Kumar
loan Kumar
loan Kumar
loan Kumar
loan Kumar
loan Kumar
loan Kumar
loan Kumar
loan Kumar
loan Kumar
loan Kumar
loan Kumar
loan Kumar
loan Kumar
loan Kumar
loan Kumar
loan Kumar
loan Kumar
Yes bank logo/loan Kumar

Delhi/NCR Personal Loan FAQs

1. What is a personal loan?

The personal loan in Delhi NCR is an unsecured loan usually provided by a bank or any other non-banking financial company (NBFC) to any individual seeking monetary aid to meet different purposes. However, the individual has to qualify certain criteria before he/she becomes eligible to get a personal loan which is subjected to altering market risks, thereby contributing towards higher interest rates when compared to a home, gold or car loan.

2. What can I use a personal loan for?

A personal loan comes in-handy when engaged in any type of expenses ranging from home renovations to luxurious vacations, payment of unexpected medical bills to fixing personal vehicles, down payment of new houses to even debt consolidations. Personal loan in Delhi NCR can help in fulfilling one’s dreams and life’s aspirations.

3. What is the eligibility criteria for a personal loan at loan Kumar?

There is some basic eligibility criterion to be followed when applying for personal loans at Loankumar. Salaried employee should have salary of more than Rs. 20,000, should be from tier 1 city and have CIBIL more than 500. Self-employed businessperson only from Delhi-NCR are eligible for personal loan. They should have ITR of more than Rs. 3, 00,000 and should have either own house or own shop. Other factors influencing an individual’s access to a personal loan also includes the company he/she is employed with, credit history, business type etc.

4. Is there a minimum/maximum personal loan amount need to be borrowed?

Usually, the maximum personal loan amount offered is decided on the basis of the applicant’s credit score, current income level, and liabilities. At Loan Kumar, minimum loan amount is Rs. 25,000 and maximum loan amount is Rs. 5 lakhs.

5. How is the maximum loan amount decided?

Usually, the maximum loan amount depends on an overall individual’s income, existing debt and credit score. For instance, the bank or any financial institution take care that the EMI payable by any salaried individual does not exceed 30%-40% of the applicant’s take-home salary.

6. What are the basic interest rates for the personal loan?

Personal loan interest rates are usually calculated on the basis of an applicant’s profile and credit score. Mostly the rates vary from 12% to 30% per annum (APR).

7. What is the basic tenure of a personal loan?

This is yet another section which is subjected to different factors and or individual applicant’s requirements. Personal Loan tenure at Loan Kumar varies from 3 months to 36 months. Shorter or extended tenures are allocated to individual applicant depending on his/her overall profile.

8. How many days does it take to sanction a personal loan?

Time taken to sanction a personal loan varies from a time span of 30 minutes to a maximum period of 2-days depending on the availability of the required documents and the institution approached for such loans.

9. How is the personal loan disbursed?

When disbursing of the personal loan, the original principal amount disbursed may vary from the amount sanctioned as per the agreement. The amount disbursed depends on formalities that are fulfilled once the loan is approved along with certain additional factors influencing the amount disbursable. Such factors include processing fee, advance EMI, pre interest EMI and GST as well.

10. How long does it take for disbursement?

Usually, personal loan disbursement process does not take a long time. If all the relevant documents are submitted on time, then Loan Kumar takes not more than 48 hours to disburse the personal loan in Delhi NCR. Usually, the whole process takes 5 to 7 working days for completion and approval.

11. Where can I get a personal loan in Delhi/NCR?

Personal loans are available at any bank or non-banking financial institutions in and around Delhi/NCR. However, eligibility criteria is different for individual banks and or institutions. Most banks usually do not offer the personal loan if the applicant has poor credit score. However, Loan kumar is one such place where personal loans are available for those who have poor or negative credit as well as CIBIL score as less as 500 under Personal Loan right in the heart of Personal Loan in Delhi NCR.

WhatsApp chat Live Chat