When you visit any website, it may store or retrieve information on your browser, mostly in the form of cookies. This information might be about you, your preferences or your device and is mostly used to make the site work as you expect it to. The information does not usually directly identify you, but it can give you a more personalized web experience. Because we respect your right to privacy, you can choose not to allow some types of cookies. Click on the different category headings to find out more and change our default settings. However, blocking some types of cookies may impact your experience of the site and the services we are able to offer.
Manage Consent Preferences
Strictly Necessary Cookies
These cookies are necessary for our website to function and enable you to use the website features such as accessing secure areas. It cannot be switched off in our backend. If you choose to remove or disable these cookies, the website may not perform as expected as intended..
Performance Cookies
These cookies help enhance the performance of our website and help us make necessary improvements based on your browsing behavior. Information collected by these cookies is anonymous and contains data on how you use the website. For example, identifying your most visited pages, recently searched terms, etc. Once we collect this information, we use it to improve how our website works..
Functionality Cookies
These cookies help improve the functionality of our website. These cookies remember your preferences such as location, user name, language, etc. and provide custom content and features tailored for you. In absence of these cookies, the website will be unable to remember the choices you've previously made and won’t be able to personalise your browsing experience..
Targeting Cookies
These cookies are utilized to customize marketing as per your interests. These are likewise used to restrict number of times you are shown advertisem*nts. They are also used to measure the effectiveness of a marketing campaign. These cookies typically track your browsing patterns on other websites too, but do not know who you are. Without these cookies, the ads you encounter will not be as relevant and not match your interests..
Marketing Cookies
These type of marketing cookies are account-based, which enable us to identify future prospects and personalize sales and marketing interactions with users..
Analytics and Customization Cookies
All information collected by these cookies are used to help us analyze how our website is being used by the visitors, to understand how effective our marketing campaigns are and to customize our website experience for you..
FAQs
HDFC Bank customers can get Personal Loans with minimal or no documentation. In fact, if they are pre- approved for a Personal Loan, they can easily apply for it. Lower interest rates: Interest rates on Personal Loans are lower than other sources.
How much loan can I get from Bob? ›
The maximum regulatory limit is Nu. 500,000 per person at a time or 70% LTI whichever is lower.
What is the EMI for 5 lakh personal loan? ›
For Rs 5 lakh personal loan, the EMI for 1-year loan tenure at an 11.99% rate of interest per annum is ₹ 44,442, 2-year tenure is ₹ 23,534, 3-year tenure is ₹ 16,605, 4-year tenure is ₹ 13,164 and 5-year tenure is ₹11,120. Disclaimer: These are approximate EMI calculations, actual numbers may vary.
Who is eligible for 5 lakh Personal Loan? ›
The loan amount is offered to salaried (working in private limited company or public sector undertaking) and self-employed individuals with at least 1 year of work experience. Minimum income required is Rs 15,000 p.m. for salaried borrowers.
What is the EMI for a 7 lakh Personal Loan? ›
The EMI for a loan of INR 7 lakhs with a term of 52 months and an interest rate of 11.99%, for example, would be INR 17,326. Try out this personal loan EMI calculator to determine what your EMI will be based on your specifications.
What is the easiest loan to get approved for? ›
What is the easiest loan to get approved for? The easiest types of loans to get approved for don't require a credit check and include payday loans, car title loans and pawnshop loans — but they're also highly predatory due to outrageously high interest rates and fees.
What credit score is needed for a personal loan? ›
Payment history is weighed the most heavily in determining your credit score, along with your total outstanding debt. Generally, borrowers need a credit score of at least 610 to 640 to even qualify for a personal loan. To qualify for a lender's lowest interest rate, borrowers typically need a score of at least 800.
Is there a 5 year personal loan? ›
Loan Features
No guarantors required to obtain the Personal loan. A repayment period up to 60 months. Attractive fixed interest rates for 3 months, 1 year and 5 years. If you need additional financing during your loan tenure, we offer you top ups every 6 months.
How to check loan in bob? ›
You may also get Balance by calling Toll Free No. 18002584455 & 18001024455 . If you are existing customer you may get Balance by using Bank's Net banking facility & Mobile banking (BOB World) facility.
How many personal loans can you get from your bank? ›
There are no set limits to the number of personal loans you can have at one time, but that doesn't mean a lender will approve you for a second or third loan. And in many cases, it's not a good idea to stack one on top of the other, and this can prove costly.
The current average personal loan interest rate is 12.22%. People with good or excellent credit may qualify for lower-than-average interest rates, while rates for those with average or poor credit may be significantly higher.
What is the normal interest rate on a personal loan? ›
The average personal loan interest rate was 12.49% in February 2024 on two-year loans, according to the most recent data from the Federal Reserve. But personal loan interest rates can range from 6% to 36%, depending on your credit score, income, current debts, and other factors, such as loan term and amount.
