Personal Loan in Chandigarh
Get the best Personal Loan offers from multiple lenders in Chandigarh for all your financial needs
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- Collateral FreeGet a Loan without pledging any assets
- Multiple OffersCompare and choose the best offer
- Paperless ProcessCompletely digital process with no physical documents required.
- Instant DisbursalWe offer quick processing and instant disbursals
Personal Loan Eligibility
- To be at least 21-years old
- A healthy credit history
- A salaried or self-employed individual
- Net monthly (take-home) income >= 10,000 in your bank account
- ₹26,000 Cr+ Loan processed
- 4,00,000+ Satisfied customers
- 18,000+ Pincodes
Lending Partners for Personal Loan
Other Locations for Personal Loan
Rupyy currently provides Personal Loan across 19000+ pin codes in India.
Ahmedabad
Bangalore
Bhubaneswar
Chandigarh
Chennai
Coimbatore
Delhi NCR
Guwahati
Hyderabad
Indore
Jodhpur
Jaipur
Kochi
Kota
Ludhiana
Lucknow
Mumbai
Mysore
Mangalore
Madurai
Nagpur
Pune
Rajkot
Surat
Vadodara
Visakhapatnam
In Chandigarh, personal loans typically commence at an annual interest rate of 11% onwards. These loans are designed for flexible repayment over a span of up to 5 years, with borrowing limits extending up to 5 lakhs or potentially more.
For individuals seeking financial assistance in Chandigarh, these personal loans present an attractive option due to their competitive interest rates and extended repayment terms. Borrowers can access amounts ranging from 5 lakhs to potentially higher, providing a substantial financial cushion for various needs.
Types of Personal Loan
Instant Personal Loans
are usually pre-approved loans with instant disbursals. These loans are usually offered by banks and NBFCs to their select customers on the basis of their credit
Short-term Personal Loans
have short repayment periods ranging from a few days to 12 months.
Pre-approved Personal Loans
are usually offered by banks and NBFCs to their existing customers on the basis of their credit history, income, employer’s profile, etc.
Personal Loan for Education
is for individuals requiring funds for pursuing higher education in India and abroad, vocational courses, etc., and are unable to get a conventional education loan.
Personal Loan Balance Transfer
facility allows borrowers to transfer their outstanding personal loan to a new lender for lower interest rates or better loan terms. However, opt for this facility only when the savings made through the transfer outweighs the cost of the loan transfer.
Personal Loan Top Up
is offered to existing personal loan borrowers who need additional funds to meet their financial requirements. This loan facility is usually offered to select borrowers having satisfactory loan repayment history and/or have completed a specified number of EMIs.
Consumer Durable Loans
can be used to purchase any consumer durable items like smartphones, furniture, microwave, etc. The purchase amount gets divided into EMIs and can be repaid within the tenure decided. Some products may require a down payment or a processing fee while others may not.
Frequently Asked Questions
Disclaimer: Rupyy is an online loan aggregator and is authorized to provide services on behalf of its lending partners. The APR (Annual Percentage Rate) of a personal loan is its annualised cost of borrowing. This includes the rate of interest as well as the processing fees, documentation fees and other fees charged during the loan process. The APR is expressed in the form of a percentage and thus, allows personal loan applicants to detect personal loan schemes offered at lower interest rates but with higher processing fees and/or other charges. The APR of personal loans usually ranges between 11.29% to 35%. For example, assume that you have availed a personal loan of Rs. 5 lakhs @ 10.50% p.a. with a repayment tenure of 5 years. The processing fee charged for this loan is 1.5% of the loan amount, which amounts to Rs 7,500. Therefore, the total borrowing cost of your personal loan will be Rs 1,52,317 and its APR will be 11.16%.
