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Personal Loan in Lucknow - Lowest Interest rates from 10.50%

Looking for personal loans in Lucknow? Get fast approval with no collateral required. Flexible use of funds for your needs. Compare offers and apply online now.

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Personal Loan in Lucknow

Are you in Lucknow and seeking a personal loan for your financial needs? Personal loans are an ideal solution for funding expenses like weddings, medical emergencies, home renovations, or travel. With interest rates starting from 10.50% per annum, you can enjoy affordable EMIs, flexible repayment options, and fast approval.

Bank Interest rates for Personal Loan in Lucknow

Banks
Personal Loan Interest Rates 2025
Institution Interest Rates
HDFC Bank 10.85% – 24.00%
Axis Bank 11% – 24.00%
Bandhan Bank 11.90% Onwards
ICICI Bank 10.85% – 16.25%
DBS Bank 10.99% – 24.00%
Bank of Baroda 11.05% – 18.75%
SBI 11.45% – 14.85%
IndusInd Bank 10.49% – 24.00%
Yes Bank 11.25% – 21.00%
Standard Chartered 11.50% – 24.00%
IDFC First 10.99% – 23.99%
Kotak Mahindra Bank 10.99% – 24.00%
PNB 11.40% – 17.95%
Indian Bank 10.90% – 24.00%

NBFCs Interest rates for Personal Loan in Lucknow

NBFCs
NBFC Name Interest Rate
InCred Interest Rate 2025 16% – 42%
Finnable Interest Rate 2025 16% – 28%
L&T Finance Interest Rate 2025 11% – 24%
Aditya Birla Interest Rate 2025 10% – 32%
Shriram Finance Interest Rate 2025 11% – 42%
Bajaj Finserv Interest Rate 2025 10.75% – 31%
Piramal Interest Rate 2025 12.99% onwards
Tata Capital Interest Rate 2025 11.99% – 35%
Poonawalla Interest Rate 2025 11.49% – 19%
SMFG Interest Rate 2025 13% – 36%
Axis Finance Interest Rate 2025 13% onwards
Mahindra Finance Interest Rate 2025 12% – 36%
Paysense Interest Rate 2025 16.8% – 33%

Features of Personal Loans in Lucknow

Feature Details
Loan Amount ₹50,000 to ₹50,00,000
Interest Rate Starting from 10.50% per annum
Repayment Tenure 12 to 84 months
Approval Time 24-48 hours
Collateral No collateral required; unsecured loan
Processing Fee 1%-2% of the loan amount

Eligibility Criteria for Personal Loans in Lucknow

Criteria Details
Age 21 to 65 years
Income Minimum ₹20,000 per month
Employment Type Salaried or self-employed
Credit Score 750 or above for better rates
Work Experience Minimum 1 year for salaried; 3 years for self-employed

Documents required for Personal Loan in Lucknow

Document Type Examples
Identity Proof Aadhaar, PAN, Passport, Voter ID, or Driving License
Address Proof Utility bills, rent agreement, Aadhaar, or passport
Income Proof Salary slips, bank statements, or ITR
Employment Proof Offer letter or business registration certificate
Photographs Passport-sized photos

Benefits of Personal Loans in Lucknow

  • Affordable Interest Rates: Starting at just 10.50% per annum.
  • Flexible Repayment Options: Tenures ranging from 1 to 7 years.
  • Fast Approval: Get funds in as little as 24-48 hours.
  • Unsecured Loans: No need for collateral or guarantor.

How to Apply for a Personal Loan at Lucknow?

Fincover.com is an online marketplace that allows you to compare loan quotes from various banks and NBFCs.

Mentioned-below is the process to apply for a Personal Loan at Fincover.

  • Visit https://www.fincover.com/banking/loan/personal/ 
  • Complete the loan application by filling up all the necessary details
  • Most popular quotes matching your requirement will be displayed.
  • Apply for the bank along with the requested documents and get a reference number. You can then check the status of the application from our dashboard.
  • Upon verification and approval, the loan will be disbursed to your account. The whole process takes just a few days, some even hours. The loan processing time varies from bank to bank

FAQs on Personal Loan at Lucknow?

1. What is the minimum loan amount for personal loans in Lucknow?
The minimum loan amount starts from ₹50,000, depending on the lender.

2. How long does it take to get a personal loan in Lucknow?
Loans are typically approved and disbursed within 24-48 hours if all documents are in order.

3. Is a credit score necessary for personal loans?
Yes, a good credit score (750 or above) ensures better interest rates and faster approval.

4. Can I prepay my personal loan?
Yes, prepayment is allowed with nominal charges, depending on the lender’s policies.

5. What is the maximum loan tenure?
Loan tenure ranges up to 84 months, providing flexibility in repayment.

Personal Loans by Bank