Personal Loan in Trivandrum


Trivandrum is a captivating blend of tradition, and modernity situated in the lush landscapes of Kerala, India. Known for its serene backwaters, vibrant culture, and rich heritage, Trivandrum’s unique living experience is both enriching and affordable.

In the enchanting city of Trivandrum, a personal loan can be your financial friend in various life scenarios. Whether for education, healthcare, or enhancing your lifestyle, a personal loan in Trivandrum provides a reliable pathway to achieve your dreams.

With Buddy Loan, you can avail of an instant loan in Trivandrum at lower interest rates starting at just 11.99%* p.a. It connects you to lenders from top banks and NBFCs that offer competitive rates. So why wait? Take charge of your financial goals today!

Get an Instant Personal Loan in Trivandrum

Acheive your dreams with an instant personal loan in Trivandrum. Explore quick financial solutions tailored to your needs and seize opportunities with ease. Here are the highlights of instant cash loans in Trivandrum:

Loan Type Unsecured Personal Loan
Interest Rates 11.99%* p.a. onwards
Loan Amount Starting from ₹10,000 to ₹15 Lakhs
Tenure Repayment tenure starts from 6 months to 5 years
Minimum Salary 15,000/-
Documentation E- Documentation (PAN, Aadhaar, Income proof)
Note: The interest rates are dynamic and subject to change based on your credit history and creditworthiness.

Personal Loan Eligibility in Trivandrum

The eligibility criteria for a personal loan in Trivandrum may vary from lender to lender. Hence, ensure you align with essential criteria for a seamless loan application process and swift access to funds.

Citizenship: Must be an Indian citizen

Age: Minimum 21 years, Maximum 60 years.

Employment: Eligible categories include salaried individuals, government; private sector employees, self-employed professionals, and non-professionals.

Credit Score: Above 750

Documents Required for a Personal Loan in Trivandrum

When applying for a personal loan in Trivandrum, streamline the process by gathering essential documents. Preparedness with the necessary paperwork ensures a hassle-free procedure. Below is a checklist of documents required for a personal loan in Trivandrum:

Proof of Identity: Aadhaar card, Passport, Voter ID, or any official photo ID.

Proof of Address: Utility bills, rental agreement, or valid address proof.

Proof of Income: Salary slips, bank statements, or income tax returns.

Passport-sized photos.

Complete the loan application form comprehensively.

Additional documents as per the lender's specific prerequisites.

Personal Loan Interest Rates in Trivandrum

Discover the pathway to financial empowerment in Trivandrum. Now through our transparent and competitive personal loan interest rates. Explore rates that align with your goals and pave the way for success. Here is an overview of interest rates and the charges of a personal loan in Trivandrum:

Interest Rate 11.99*% p.a. onwards
Processing Fees Up to 4% of the loan amount
Loan Tenure Up to 5 years
Pre-closure Charges 2% to 5%
Penalty Charges 2% of the due loan due amount/td>

Personal Loan Providers in Trivandrum

Navigate your journey to financial support effortlessly from reputable personal loan providers in Trivandrum. Explore a curated list of top banks and NBFCs, ensuring a seamless path to realizing your dreams.

Banks in Trivandrum for Personal Loan

Embark on your personal loan journey with confidence by exploring the top banks in Trivandrum. Choose your preferred partner and take a step closer to achieving your goals.

Top Banks Interest Rates (p.a.)
HDFC Personal Loan 10.50% onwards
Axis Bank Personal Loan 10.49% onwards
ICICI Bank Personal Loan 10.50% onwards
IDFC Bank Personal Loan 10.49% onwards

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Note- The interest rates mentioned are subject to change. Do visit the website for more information.

NBFCs in Trivandrum for Personal Loan

Explore top NBFCs in Trivandrum that offer personal loan solutions tailored to your requirements. These institutions ensure swift approvals and seamless loan disbursements catering to both immediate and long-held aspirations.

Top NBFCs Interest Rates (p.a.)
Tata Capital Personal Loan 10.99% onwards
Bajaj Finance Personal Loan 11% onwards
Faircent Personal Loan 9.99% onwards

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Note- The interest rates mentioned are subject to change. Do visit the website for more information.

Calculate EMI for a Personal Loan in Trivandrum

Before you apply for a personal loan in Trivandrum, it is essential to evaluate your monthly EMI. This aids financial planning, facilitates informed decisions, and ensures seamless loan repayment.

%
Monthly EMI 86
Principal Amount 1,000
Total Interest 32
Total Amount 1,032.00

Year Month Principal (A) Interest (B) EMI (A+B) Balance Loan Paid to Date (%)

Buddy Loans’ personal loan EMI Calculator is simple to use by following these steps:

Step 1: Enter the loan amount.

Step 2: Enter the Interest rate offered by the lender that you choose.

Step 3: Enter the repayable tenure in months.

Step 4: Your estimated monthly EMI, Principal amount, Total Interest, and Total amount payable are displayed along with a Pie Chart.

Different Types of Personal Loans in Trivandrum

Uncover a range of personal loan choices to meet your distinct financial needs in Trivandrum. Whether it's education, medical expenses, or leisure, there's a personalized loan solution for you. Here are the different types of personal loans in Trivandrum:

Education Loans: Fund your studies effortlessly. These loans cover tuition fees, study abroad costs, and related expenses.

Medical Loans: Ensure top-notch healthcare. These loans cater to medical treatments, surgeries, and unexpected medical bills.

Travel Loans: Make your dream vacation a reality. Get financial flexibility for exploring new places and embarking on adventures.

Wedding Loans: Create your perfect wedding without financial stress. These loans cover all your wedding expenses.

Home Renovation Loans: Upgrade your living space with ease. These loans are meant for home repairs, renovations, and improvements.

Debt Consolidation Loans: Simplify your finances. Merge your existing debts into one loan for more effective management.

Consumer Durable Loans: Bring home the latest gadgets and more. These loans are designed for purchasing gadgets, appliances, and furnishings.

Features & Benefits of Personal Loans in Trivandrum

Discover the features and benefits of personal loans in Trivandrum. They are designed to empower your financial endeavors and help you achieve your aspirations with ease.

versatile Usage

Use the loan amount for
a variety of purposes.

No Collateral

Get your loan amount without
pledging your your assets

Lowest Interest Rates

Interest rates
starting from at just
11.99% p.a.

Customized Loan Amounts

Tailor your loan amount
to match your specific
requirements

Flexible Repayment

choose your repayment
tenure up to 5 years.

Zero Charges

Zero hidden charges
and penalties

Tips for Selecting the Perfect Personal Loan in Trivandrum

When considering a personal loan in Trivandrum, keep these valuable pointers in mind to make an informed decision; a smooth borrowing experience aligned with your financial goals.

Assess Your Needs: Figure out why you need the loan – education, travel, or medical expenses - to know how much you require.

Compare Interest Rates: Research and compare the interest rates different lenders offer. This helps you find the best deal.

Check Eligibility: Understand what lenders need from you and make sure you qualify before applying.

Loan Repayment Tenure: Choose a repayment period that fits your budget. This way, you can comfortably manage monthly payments.

Fees and Charges: Watch out for extra costs like processing fees or charges for early repayment. This prevents unexpected financial stress.

Loan Disbursement Time: Opt for a lender with quick loan disbursal to address urgent financial needs promptly.

Credit Score Impact: Understand how taking a personal loan may affect your credit score and choose a lender that reports to credit bureaus.

Read Terms and Conditions: Thoroughly review the loan agreement, understanding the terms, conditions, and fine print before signing.

Steps to Apply Online for an Instant Personal Loan in Trivandrum

Follow these steps to apply for a personal loan in Trivandrum on Buddy Loan:

Step 1: Visit - buddyloan.com or Download & install Buddy Loan app.

Step 2: Fill out the application form, including the loan amount, the tenure in months, and contact details.

Step 3: Fill out the following personal details where required:

Step 4 Submit the details & await your loan confirmation call.

Ready to take next step ?

Frequently Asked Questions

Yes, you can get a personal loan in Trivandrum with bad credit, but it might be more challenging and may come with higher interest rates.

Generally, not many personal loans in Thiruvananthapuram are unsecured.

Salaried individuals, self-employed professionals, and more, subject to lender criteria.

You can contact the lender or use their online tracking system if available.

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