Personal Loan (Indore)

Get Personal Loan with FinBucket Loan in just 10 minutes

Personal Loan?

Personal loan is a type of an unsecured loan. It helps to meet a person’s current financial needs. No need of any security/collateral while availing it. Personal loan gives you the flexibility to use the funds as per your convenience and need.

if someone need instant cash and can be used for travelling, wedding,medical emergency,home renovation,or anything else, you can then simply get your hand on personal loan and you are ready with the money in your pockets.

Personal Loan in Indore

It is one of the cities developed under the smart city mission. Indore is the highest capital state of m. p. being the largest city too. It has huge commercial capital and hence attracts banks and financial institutions to lend a hand for personal loans to youth for development. The range provided is of rs.25, 000 to rs.25, 00,000/-.

It is an unsecured loan in which no mortgage is required. This loan provided is most preferable. Documentation requires a minimum period of time with less time for loan disbursement. The rates differ from credit cards and hence are affordable. This loan is usually taken for medical emergencies, education, travel, and home renovation. Any emergency or emergency work can be cleared up with this. Your personal loan can be made secured by your credit history and financial background in 48hours. Doing the procedure by yourself can get you a bit too busy but finbucket provides you with a short period of time. In Indore, you will be provided with personal loans on low-interest rates with a flexible period of repayment.

Many banks and NBFC’s are expanding and granting personal loans. All the financial help has been provided by all the branches of banks and NBFC’s to a local of Indore.

Finbucket helps you in getting your credit score on board. If you want approval with low-interest rates to be charged you need to mention your salary account to the bank. It is for the person who is earning more than rs.20, 000/- per month. The bank doesn’t have to have collaboration with your company but if it is the situation it will work in favor of you.your salary slips of recent times will show the bank you are an employee with a good financial base and hence will not decline your application of loan. Other documents like Adhar card, PAN card, and any other address proof is a must. Some banks prefer to choose the time period of your working factor for providing you with a loan.

Finbucket provides good customer help regarding your application of personal loans. You can get the details about the loan on our site. A form needs to be filled by all who want to apply for a loan. All the processes of documentation until the disburse of the loan will be done by us. Our site will provide you with the comparative lists of all banks who are providing personal loans and will guide you to the best one.

Even you can visit our page and find your eligibility criteria. The site looks upon your credit history and will recommend you to how much money to be borrowed by you will be safe.

Personal Loan- Eligibility

There are various banks and NBFC’s which offers personal loan to all applicants fulfilling their basic eligibility criteria. Different banks have different eligibility criteria.

Most of the banks and NBFC’s have common criteria for individuals requesting a personal loan which include:

Category Self-Employed Salaried
Age 28 years to 65 years (25 years for doctors) 23 years to 58 years
  • Minimum turnover of Rs.40 lakhs for non-professionals
  • Minimum turnover of Rs.15 lakhs for professionals
Rs.17,000 (Rs.25,000 for metro cities)
CIBIL Score Above 750 Above 750
Loan amount 75 k(Min)- 15 Lakh (Max) 75 k(Min)- 20 Lakh (Max)

Documents required for Personal Loan

Each bank and NBFC has different documentation criteria for the personal loan. These are the common documents which is required by most of the banks and NBFC’s for individual requesting a personal loan include:

Documents for Salaried Individuals: Documents for Self-Employed:
Proof of Identity: Passport, Driving License, Voters ID or PAN Card Proof of Identity: Passport, Driving License, Voters ID or PAN Card
Proof of Residence:-Passport or utility bills Proof of Residence:-Passport or utility bills
Latest 3 months Bank Statement of Salary Account Income proof: Audited financials for the last two years.
Salary slips for the last 3 months. Last 6 months Bank statement.
Office address proof

How to apply for Personal Loan

In 4 steps you can easily apply for personal loan in no time

  • Firstly, you have to fill a simple application form that will demand your basic personal information given on the site.
  • We already have a coordination with 30+ banks/NBFC to get your application to them.
  • Compare interest rates on your own and choose the best one for you.
  • We will send you an e-approval that your loan application is accepted within 24-48 hours and the amount will be credited to your account.
Fill the simple application form

We are coordinating with 30+ banks / NBFCs to get your application.

We get the best rates for you.

Loan is approved and amount credited.

Personal Loan Interest Rates Table

Bank Name Interest Rates
SBI 12.5% to 16.5% p.a.
ICICI 11.59% to 18.49% p.a.
Axis Bank 15.50% to 24% p.a.
HDFC Bank 15.75% to 20% p.a
Citibank 14.25% to 19.99% p.a.
Standard Chartered 11.99% to 17% p.a.
TATA Capital 13.99% to 17.5% p.a.
Oriental Bank 11.20% to 12.95% p.a.
Capital First 13% to 18.45% p.a.
Indusind Bank 11.25% to 26% p.a
Fullerton India 21% to 40% p.a.
Kotak Mahindra 11.5% to 24% p.a.
Aditya Birla 14% to 16% p.a.


Some of our Awesome Testimonials

“I had to just fill my personal loan form at FinBucket. They automatically searched across 50+ partner banks and NBFCs and gave the best deal to me.”

Nitin Bhatia, COO,
CaterWow Private. Limited

“I had taken loan for the first time online. Instant assistance and patience from team FinBucket helped me apply and get loan easily at Indore.”

Shikha Bhatia,
Founder, Shiksha Learning Academy

“I am very satisfied with the services and business relation with FinBucket. It was easy and simple to get any information regarding loan in Indore.”

Gaurav Saini
Software Engineer at Manhattan Associates