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Personal Loan in Gurgaon

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Personal loan in Gurgaon is offered to salaried individuals. A personal loan is an unsecured form of loan and offered by several banks and NBFCs in the city. Gurgaon is situated in the NCR (National Capital Region) near capital of India, New Gurgaon. It has a good name in industrial and financial sector due to the reason that many multinational companies and other corporate have moved towards the city. As a consequence of this, the city has already witnessed a rapid urbanization in past couple of decades. Most corporate find it suitable to set up their headquarters in Gurgaon.

Personal Loan in Gurgaon Details Updated on 20th October 2019

Loan Amount

Rs. 1 Lakh to 50 Lakhs

Loan Tenure

1 Year to 5 Years

Interest Rate

10.99% - 16.00%

Both individuals and entities may require funds for their financial requirements in Gurgaon, thus many apply for personal online with top banks and NBFCs here. Loanbaba is your trusted personal loan provider in Gurgaon where you can compare all funding options from leading NBFC and banks such as Axis, SBI, and ICICI etc. Now, you can get personal loan Gurugram easily within minutes.

A personal loan is an unsecured advance which can be availed for any financial need without revealing the same to the bank. Whenever you get in financial emergency, personal loan will be the best method as it is quite easy, convenient and quick. It does not require any kind of collateral or other security. You can compare personal loans interest rates in Gurgaon at our website. Our website, will provide you all details about Personal loan Gurugram.

Banks Offering Personal Loan in Gurgaon

As Gurgaon is an urban area with huge industrialization, bank branches are found quite densely in the area. Personal loan in Gurgaon is quite common, and hence many NBFCs also offer it in addition to private and public sector banks. Apart from personal loan, the banks also offer services like asset management, investment banking, core banking, commercial lending, investment advising, etc.

The banks which offer personal loan in Gurgaon at cheaper rates are HDFC, IndusInd Bank, Tata Capital, Bajaj Finserv, IDFC, Citibank, RBL Bank, ICICI Bank, etc.

Why Apply for Personal Loan Gurgaon on

At Loanbaba, you can compare and apply for Personal loans online. You can check out several Personal loan schemes and go through all their features such as quantum of loan, amount of loan, processing fees, interest rates, and other conditions, at one page. We even offer you Personal Loan EMI calculator free-of-cost, through which you can understand the instalment to be paid every month.

You can also quickly apply for Personal Loan online on our website without having to visit the branch. It is simple and easy, and you can upload all the required documents online. Disbursal is done at the soonest, and you can keep a track of your loan application on the website.

Gurgaon Personal Loan Interest Rates

The personal loan interest rate in Gurgaon starts at as low as 10.99% and go up to 18% or more depending on the bank/NBFC you choose, your income profile, existing financial liabilities, eligibility factor, credit score, age, etc. On our website, you can compare interest rates offered on the loan across leading financial institutions and get the best offer.

How Do I Get a Personal Loan with the Lowest Interest Rate in Gurgaon?

Here are some of the ways you can get lowest interest rate personal loans for yourself.

  • Compare interest rates and offers on our website to know the lowest personal loan rates.
  • Maintain a clean record on repayments so that the financial institution readily offers you best interest rate on the loan.
  • Strive to keep your CIBIL score above 750, which is considered as a good credit score for personal loan.
  • Do not default on existing loans otherwise it will be difficult to get personal loan approval or lower rates.
  • Take benefit of seasonal offers by banks and NBFCs, specifically those that offer slashed interest rates.
  • Know if your employer has tie-up with banks for better rates.

Salary Requirements to Avail Personal Loan in Gurgaon

To be eligible for personal loan in Gurgaon, you should be between 21 and 60 years of age. Although the minimum salary criteria are different for different banks, still a minimum salary of Rs. 15,000 is must if you want to avail personal loan in Gurgaon. The requirements of the various banks may also vary with place of posting and employer. Banks look for at least 2 works experience in the same company to assure stability.

Documents Required for Gurgaon Personal Loan

  • Identity proof, address proof and 3 passport size photographs
  • PAN card- date of birth proof
  • Income proof- pay slips of previous 3 months
  • Bank statement- for last 6 months in which salary is being credited every month
  • Job stability proof/ employment continuity proof- form 16 or offer letter

Personal Loan Gurugram Prepayment

Majority banks offer the facility of prepayment of personal loan in Gurgaon, however there may be some banks which require you to have paid certain number of installments before prepayment of personal loan. Some banks may also levy prepayment charges on the amount prepaid.

Eligibility for Personal Loan in Gurugram

Personal loan eligibility may differ from one candidate to another. You can also use free-of-cost Gurugram Personal loan eligibility calculator at The eligibility criteria for Personal loan are discussed below:

  1. Age: 21-60 years for salaried individuals and 25-65 years for self employed.
  2. Income: Minimum Rs. 15,000 for salaried individuals. For self employed turnover should be 15-40 lakh with minimum profit after tax of Rs. 1 lakh for professionals and 2 lakh for proprietorship concern.
  3. Processing charges of 1.5% to 2.5%.

How to Apply for Personal Loan in Gurgaon on Loanbaba?

You can apply for Personal loan Gurgaon with top banks and NBFCs Personal loan at

Personal Loan in Gurgaon Review

Personal Loan
star star star star star 13.0/5
Taking Personal loan in Gurgaon through online portal of loanbaba was after all not a bad idea. This way I could communicate with the Gurgaon without having to come over to their branch. All by documentation was sorted and I got the loan in decent time.
Gurgaon October 17, 2019
Personal Loan
star star star star star 14.0/5
My experience for Personal loan in Gurgaon was a good one. My schedule was so hectic that I chose to apply online for the loan at loanbaba and was not disappointed by either of their service. Loanbaba is very professional in its service.
Gurgaon October 16, 2019
Personal Loan
star star star star star 13.0/5
Loanbaba provided me an instant response in regards to my Personal loan application in Gurgaon. The processing charges were minimal. It is a trusted service from their team.
Gurgaon October 15, 2019
Personal Loan
star star star star star 15.0/5
I have a Personal loan taken in Gurgaon. The loan disbursement was on time and document procedure was quick. I would say it was a satisfactory experience.
Gurgaon October 15, 2019

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