The search for – “Which bank is best for personal loan” is a never ending one. With so many lenders out there, it becomes quite a task to find the best personal loan offer. Each bank claims to have the best possible deal for its customers. Also, the sheer number of players in the field has upped the criteria and levelled the playing field. To top the list of banks with best personal loan, each bank offers customized loans to suits the need of the customer. However, the needs are quite varied, and the customer is spoilt for choices with different banks.
Personal loans are unsecured loans that are taken usually by salaried individual to manage the financial shortfalls. These loans do not require any collateral pledges any kind of collateral. This kind of helps in getting necessary monetary help without the guilt that comes with pledging an asset. The onus of repaying the online private loan lies with the salaried individual and he/she has to work and manage their monthly incomes to accommodate the repayments first.
A sudden hospitalization, funds to organize wedding, a long-awaited vacation, credit card debt consolidation or to pay for education all of these and more can be financed with a personal loan as there’s no capping of the end use of funds.
Both nationalized and private banks offer interesting and competitive personal loan. However, do shop around and look for the best possible deal. Here are some pointers-
Following is the list of banks which are best for personal loans
||11.99% to 35.99%
|| 1% to 5% of total loan amount
||₹1,00,000 to ₹15,00,000
||12 to 60 months
"I am really happy that I got a loan from Qbera. My application has been rejected by lenders in the past without giving any explanation for rejection. Qbera approved my loan with minimum documents. Thanks a lot once again."
I did not want to make many enquiries as many requests can lower the CIBIL score. I contacted Qbera on a Monday and by evening itself they had an offer for me. They kept me informed through every step of the process and were also flexible with regards to my commitments. In the end, the loan was disbursed within two days of documents submission. Thank you Qbera for simplifying the process and helping me find a loan. " Show more...
"It was a nice experience with Qbera. I have never seen such an easy process for getting a loan, especially when you need it the most. Thank you Qbera for your support."
"I had a hassle-free experience with Qbera. It was a very easy application procedure and in a short span of 3 days I got my loan credited to my account. Thank you so much for the support Team Qbera"
"It was very easy to get a loan from Qbera. I just applied on their website and got a confirmed offer immediately. The amount was transferred soon after. Will give it 5 out of 5"
"It's good and quick response from the Qbera team to get the loan. They are very good at the communicating the things properly and appropriately"