Living in Bangalore, India’s tech capital, means opportunities move fast and so do expenses. You can easily manage expenses to borrow a personal loan in Bangalore. That’s where 24hrLoan steps in. We offer quick and reliable personal loans with minimal paperwork and zero drama.
Why Choose 24hrLoan for Your Loan in Bangalore?
Disburse Process Fast: Get the money in your account within 24 hours, sometimes even faster.
100% Online Application: Borrow a personal loan from our digital application journey.
Flexible Repayment Term: Choose a repayment tenure from 3 to 48 months that fits your budget.
Affordable Interest Rate: Lenders offering 9% to 32% interest rates from various NBFC companies.
Apply at Low Salary: You can digitally apply with Rs. 12,000 salary. But your income should hit your bank account.
Lenders Provide Personal Loan in Bangalore
| Lenders | Interest Rate (p.a.) | Net Salary | |
| WeRize | 16% to 18% p.a. | Rs. 12,000 | Apply Now |
| MoneyView | 1.33% per month | Rs. 13,500 | Apply Now |
| InCred | 11.49% to 18% p.a. | Rs. 15,000 | Apply Now |
| Fibe | 24% to 30% p.a. | Rs. 18,000 | Apply Now |
| Prefr | 18% to 36% p.a. | Rs. 18,000 | Apply Now |
| Finnable | 16% to 22% p.a. | Rs. 15,000 | Apply Now |
| IDFC | 12.50% to 18% p.a. | Rs. 15,000 | Apply Now |
| PaySense | 1.4% to 2.3% per month | Rs. 18,000 | Apply Now |
| Upward | 9% to 32% p.a. | Rs. 18,000 | Apply Now |
| mPokket | 1% to 6% per month | Rs. 9,000 | Apply Now |
Eligibility to Apply for a Personal Loan in Bangalore
- Age: Between 21 and 55 years
- Employment: Salaried (minimum ₹12,000/month) or Self-Employed (with stable income)
- Credit Score: Preferably 650+ (Not defaulter within 1 year)
- Job Experience: Borrower should have 12 months of experience in their recent job.
Loan EMI Calculator
Total Down Payment (TDP)
(TDP = D + P)
Loan EMI (LE)
(PLA= A – D)
(PLA = Principal Loan Amount)
(LE = [PLA x R x (1+R)^T]/[(1+R)^T-1] )
Total Interest Payable (TIP)
(TIP = LE * T)
Total Payment (TP)
(TP = LA + TIP + P)
Documents Needed to Get a Personal Loan
| Category | Documents |
| KYC Proof | PAN Card/ Aadhar Card/ Driving Licence/ Voter ID/ Passport |
| Salaried Documents | Recent 3 months Salary Slip and Last 12 months Bank Statement |
| Self-employed Documents | Last 2 years ITR with balance sheet, profit loss. Business Registration Proof, GST registration proof (If required) |
| Other Documents if Required | Passport-sized photo, Electricity bill or Property tax |
Also Read: Get Personal Loan in West Nimar
How to Apply for a Personal Loan in Bangalore
It takes just 3 easy steps to borrow loan:
- Fill Out the Online Form: Enter basic details like name, PAN, income, and loan amount.
- Upload Documents Digitally: No need for physical copies. Just upload your ID proof, address proof, and income documents.
- Get Instant Approval & Quick Disbursal: Once verified, the amount is credited directly to your bank account—within hours.
FAQs
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Who can apply for a personal loan in Bangalore through 24hrLoan?
Anyone living in Bangalore, aged between 21 and 55, with a steady income either salaried or self-employed can apply. A good credit score helps, but we also consider alternative data for applicants with limited credit history.
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How much loan amount can I get?
You can borrow anywhere between ₹10,000 and ₹10,00,000, based on your income, creditworthiness, and repayment ability.
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Is collateral required?
No. All our loans are completely unsecured. You don’t need to pledge any assets or property.
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What documents do I need to submit?
Just the basics:
1. PAN Card
2. Aadhaar
3. Salary slips and bank statements
4. Employment proof (for salaried) -
What’s the interest rate?
Interest rates vary depending on your profile, credit score, and loan amount. We offer competitive rates with no hidden charges—you’ll see everything upfront before you commit.
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How do I track my loan status?
After you apply, you’ll get real-time updates via SMS or lender application. Also, you can contact 24hrLoan customer care to get updates.
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Is my data safe?
Absolutely. We use bank-level encryption and follow strict data privacy protocols. Your documents and information are safe with us.
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How do I start to get a Personal Loan?
Click “Apply Now”, fill out a short form, upload your documents, and sit back. We’ll handle the rest and get your funds moving.