You may apply for a personal loan in Chennai, the capital city of Tamil Nadu. The 24hr Loan partners with different lenders to give you the best loan offer. You can get up to Rs. 5 lakhs instant personal loan. The interest rate can be 18% to 21% per annum.
Personal Loan in Chennai
| Company | WeRize |
| Loan Amount | Up To 5 Lakh |
| Interest Rate | 16% to 21% p.a. |
| Tenure | 1 years to 3 years |
| Age | 23 -55 years |
| Income Required | 12,000 Net Salary |
| Processing Fees | Up to 3% of the loan amount |
| Eligible For | Salaried Person |
Features of Personal Loan in Chennai Location
- The digital personal loan process
- The minimum net salary of Rs. 12,000 required
- Flexible EMI tenure up to 36 months
- You may get a top-up loan facility
- You don’t have to visit any branch
- Collateral-free loan process
Also Read: Personal Loan in Kolkata
Documents Required for Personal Loan in Chennai
- ID Proof (Aadhaar Card)
- Pan Card
- Income Proof (3-month Salary Slip)
- 1-year bank statement pdf
- Residential Proof (Electricity bill/ Gas bill)
- Guarantor Aadhaar Card
- Guarantor Selfie Photo
- Applicant Selfie Photo
Eligibility Criteria for Personal Loan
- Your net monthly salary of Rs. 12,000 required
- 1-year salary credit bank statement pdf
- Credit score: -1 or 700+ required
- Applicant should own a house
Different Lenders Personal Loans in Chennai
| Banks/NBFCs | Interest Rates(p.a.) | Income Required | |
| WeRize | 16.00%-21.00% | Net Salary Rs.12,000 | Apply Now |
| MoneyWide | 16.83% to 32.83% | Net Salary Rs. 25,000 | Apply Now |
| IDFC Bank | 12.50% to 18% | Net Salary Rs. 15,000 | Apply Now |
| Piramal Finance | 12.99% onwards | Net Salary Rs. 25,000 | Apply Now |
| Bandhan Bank | 10.50% to 12.65% | Net Salary Rs. 20,000 | Apply Now |
| InCred | 18% onwards | Net Salary Rs. 15,000 | Apply Now |
| IIFL | 12.75% to 33.75% | Net Salary Rs. 15,000 | Apply Now |
| PaySense | 16.80%- 27.60% | Net Salary Rs. 18,000 | Apply Now |
| Hero Finance | 16.80%- 27.60% | Net Salary Rs. 18,000 | Apply Now |
| HDFC | 10.75%- 21% | Net Salary Rs. 40,000 | Apply Now |
| Upward | 9% – 32% | Net Salary Rs. 21,000 | Apply Now |
| Payme India | 18% to 42% | Net Salary 15,000 | Apply Now |
Personal Loan in Chennai Interest & Charges
| Interest Rate | 16% to 21% p.a. |
| Processing Fee | Up To 3% + GST |
| Insurance Charges | Up To 3% of the loan amount |
| Late Charges | Applicable |
| Minimum Loan Tenure | 6 month |
| Maximum Loan Tenure | 36 month |
How to Apply for a Personal Loan in Chennai
Step 1: Start to apply by clicking on the “WeRize Personal Loan” tab.
Step 2: Fill in your basic KYC details with your Email id & ph no.
Step 3: You have to give your current residential pin code
Step 4: The third step is to upload your pan card, Aadhaar card, Salary slip & 1-year bank statement pdf.
Step 5: WeRize customer care call you for the verification process.
Step 6: After completing the process, you will get the loan eligibility.
Step 7: Now, the last step is the e-mandate process & the money will credit after that.
Also Read: Instant Loan in Hyderabad for Salaried
Personal Loan Chennai Contact Number
You may contact us for personal loan-related queries. We defiantly solve your problems.
Phone No: 9051357314 (Mon to Sat: 10 am to 6 pm)
Email ID: [email protected]
You can also contact us through Email with mention proper subject. We will reply to you within 24 hours.
FAQs on Personal Loans in Chennai
How much amount a personal loan available in the Chennai location?
You may get up to Rs. 5 lakh through WeRize or you can try other banks also to get the higher loan amount.
Can I get a personal loan in Chennai at 12,000 salary?
You can get a personal loan in the Chennai location at a 12,000 net salary. The maximum loan amount is Rs. 5 lakh.
What is the interest rate of a personal loan in Chennai?
The interest rate starts from 16% to 21% per month. It will depend on lenders.
How much time takes to disburse the personal loan?
The personal loan will disburse in the Chennai location within 5 days.