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Last updated on: July 22, 2025

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Prem Anand
10+ years Experienced content writer specializing in Banking, Financial Services, and Insurance sectors. Proven track record of producing compelling, industry-specific content. Expertise in crafting informative articles, blog posts, and marketing materials. Strong grasp of industry terminology and regulations.
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Gurumoorthy Anthony Das
With over 20 years of experience in the BFSI sector, our Founder & MD brings deep expertise in financial services, backed by strong experience. As the visionary behind Fincover, a rapidly growing online financial marketplace, he is committed to revolutionizing the way individuals access and manage their financial needs.
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Personal Loan in Tirunelveli - Lowest Interest rates from 10.49%

Get hassle-free personal loans in Tirunelveli with quick approval, no collateral required. Flexible repayment, competitive interest rates, and financial flexibility for your needs.

Personal Loan in Tirunelveli

Tirunelveli, located in the southern state of Tamil Nadu, boasts a diverse and growing economy. Agriculture plays a significant role, with crops like paddy, coconut, and sugarcane being cultivated. Industries encompass textile mills, food processing, and small-scale manufacturing, contributing to local employment. The town is an educational hub with several colleges and institutions, bolstering the education sector’s prominence. The ongoing development of infrastructure, coupled with its strategic location, enhances Tirunelveli’s potential for sustained economic growth.

Features of Personal Loans in Tirunelveli

  • Unsecured Loans: Personal loans in Tirunelveli are typically unsecured, meaning you don’t need to provide any collateral or security to get the loan.
  • Flexible Loan Amount: You can borrow the amount only you need. You need not utilize the full loan amount sanctioned. It can be few thousands to several lakhs
  • Flexible Repayment Tenure: Lenders normally give a tenure somewhere between 1-5 years. If you have a good credit score, they might extend the credit score
  • Quick Disbursal: Once your loan is approved, your funds will be immediately disbursed. The online process of personal loan in quick compared to other means of applying
  • Competitive Interest Rates: Personal loan to commoners are disbursed at Competitive interest rates to borrowers with good credit scores and repaying ability
  • Minimal Documentation: The documentation process for personal loans is relatively simple, involving standard identity, address, income, and employment proofs.
  • Interest rates: Personal Loan comes in fixed or floating interest rates. Fixed interest rate remains the same throughout the loan tenure whereas floating interest rates vary depending on the market conditions

Bank Interest rates for Personal Loan in Tirunelveli

Comparison of Personal Loan Interest Rates of Banks (2025)

BankInterest RateLoan AmountProcessing FeeProcessing TimeApply
DBS Bank10.99% – 30.00%₹25,000 to ₹15 Lakhs1%–3% + GST24–48 hrsApply
HDFC Bank10.90% – 24.00%₹50,000 to ₹40 LakhsUp to ₹6,500 + GST (~1–3%)24–48 hrsApply
Axis BankFrom ~11.25%₹50,000 to ₹15 Lakhs1.5%–2% + GST24–72 hrsApply
ICICI Bank10.80% – 16.65%Up to ₹50 Lakhs0.5%–2% + GST24–48 hrsApply
Bank of Baroda10.49% – 18.75%₹30,000 to ₹20 LakhsUp to 2% + GST48–72 hrsApply
SBI10.30% – 15.30%₹10,000 to ₹35 LakhsUp to 1.5% + GST2–3 working daysApply
IndusInd BankFrom 10.49%₹30,000 to ₹50 LakhsUp to 3.5% (2% online) + GST24–48 hrsApply
Yes Bank10.99% – 21%₹100,000 to ₹40 LakhsUp to 2.5% + GST24–48 hrsApply
Standard Chartered11.49% – 17%₹1 Lakh to ₹50 LakhsUp to 2.25% + GST48–72 hrsApply
IDFC FIRST Bank9.99% – ~10.75%₹1 Lakh to ₹50 LakhsUp to 3.5% + GST24–48 hrsApply
Kotak Mahindra BankFrom 10.99%₹50,000 to ₹40 Lakhs1%–2.5% + GST24–48 hrsApply
Punjab National Bank11.50% – 17.05%Up to ₹20 LakhsUp to 1% + GST2–3 daysApply
Bandhan Bank10.50% – 12.55%₹50,000 to ₹25 LakhsUp to 3% + GST48–72 hrsApply

Comparison of Personal Loan Interest Rates of NBFCs (2025)

NBFCInterest RateLoan AmountProcessing FeeProcessing TimeApply
Piramal FinanceFrom 12.99%Up to ₹35 Lakhs2%–3% + GST24–72 hrsApply
Shriram FinanceFrom 14%Up to ₹35 LakhsUp to 3% + GST2–3 daysApply
Tata CapitalFrom 10.99%Up to ₹35 LakhsUp to 2.5% + GST24–48 hrsApply
InCredFrom 18%Up to ₹10 Lakhs2%–4% + GSTInstant to 24 hrsApply
FinnableFrom 16%Up to ₹10 LakhsUp to 3% + GST24–48 hrsApply
Poonawalla FincorpFrom 9.99%Up to ₹30 Lakhs1%–2% + GST24–72 hrsApply
Fullerton IndiaFrom 11.99%Up to ₹25 LakhsUp to 3% + GST1–2 working daysApply
Axis FinanceFrom 13%Up to ₹25 LakhsUp to 2.5% + GST1–2 daysApply
Mahindra FinanceFrom 10.99%Up to ₹10 LakhsUp to 3% + GST2–3 daysApply
Aditya Birla FinanceFrom 11.99%Up to ₹50 LakhsUp to 2.5% + GST48–72 hrsApply
Bajaj FinanceFrom 11%Up to ₹50 LakhsUp to 4% + GST24–72 hrsApply

Eligibility Criteria for Personal Loan in Tirunelveli

The eligibility criteria for personal loans in Tirunelveli may vary among lenders, but common requirements include:

  • Age: 21-60 years
  • Income: Minimum income of 20K atleast
  • Must be salaried or self-employed

Documents required for Personal Loan in Tirunelveli

  • Identity Proof: This can be a PAN card, Aadhaar card, Voter ID Card, passport, or driving license.
  • Address Proof: This can be a utility bill, passport, or Aadhaar card.
  • Income Proof: This can be your salary slips, bank statements, or income tax returns.
  • Employment Proof: This can be your employment letter or business registration documents if you are self-employed

How to Apply for a Personal Loan at Tirunelveli?

Fincover.com is an online marketplace for various kinds of loans. We have tie-ups with several banks and NBFCs offering personal loans. Users can compare the parameters of personal loan from various sites in our platform and take a well-informed decision.

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

  • Visit /banking/loan/personal/
  • Enter all the required information as requested and Submit your personal loan application
  • You will be displayed with a list of personal loan quotes from various Banks and NBFCs
  • Select the one that fits your needs. You can then check the status of the application from our dashboard.
  • Upon approval, the loan amount will be disbursed to your bank account, and you can start using the funds for your intended purpose.

Conclusion

It’s important to note that while personal loans can offer these benefits, they also come with additional responsibilities. You should carefully consider your financial situation before seeking a loan that your existing liabilities and repaying ability. Interest rates and terms can vary between lenders, so it’s advisable to shop around and compare offers to find the best fit for your needs in Tirunelveli.

👍 38 people found helpful
Real Ratings and reviews
4.2 ★ ★ ★ ★ ☆
( 38 RATINGS )
5 ★
(16)
4 ★
(16)
3 ★
(5)
2 ★
(1)
1 ★
(0)
Quick Disbursal in 24 Hrs
★★★★★

Applied on thursday, money came next day. Simple steps and clear updates.

Varun S 5 days ago
Paperless and Fast
★★★★★

Uploaded KYC and bank statements online. Approval in minutes, disbursal same day.

Priya T 6 days ago
EMI Calculator Helped
★★★★

EMI calculator was accurate. I picked 36 months and it matched the final EMI.

Arvind G 7 days ago
Great for Salaried Buyers
★★★★★

Salary slip and bank statement were enough. Very smooth flow for salaried users.

Rithika P 9 days ago
Interest Rate Was Transparent
★★★★

Rate shown during eligibility was the rate I got. No hidden surprises.

Kishore V 11 days ago
Top-Up Loan Was Easy
★★★★★

I got a top-up after 8 months with fewer documents. Funds came quickly.

Sahana M 14 days ago
Balance Transfer Saved EMI
★★★★★

Shifted my old loan. EMI reduced by ₹1,200. Process was simple and guided.

Ramesh D 17 days ago
Self-Employed Got Approved
★★★★

I am self-employed. Gave ITR and GST returns. Took a day more but got it.

Hasmukh L 18 days ago
Minimal Documents
★★★★★

Only Aadhaar, PAN, salary slips, and bank PDF. Done in one go.

Nisha J 20 days ago
Good Support on Call
★★★★★

I had a doubt on NACH. The team explained clearly and set up auto-debit.

Sridhar K 21 days ago
Prepayment Option Saved Money
★★★★

I prepaid part of the loan after 6 months. Charges were small and fair.

Mithun B 24 days ago
Processing Fee Felt High
★★★

Loan was quick but fee could be lower. Please show a comparison of fees.

Monica F 28 days ago
Rate Lock Confusion
★★★★

Rate changed after verification by 0.5%. Would like the lock-in to be clearer.

Ankit Z 30 days ago
Instant Eligibility Check
★★★★★

Eligibility result in seconds. Loved the simple questions and clean screen.

Soumya R 35 days ago
Disbursal Same Day
★★★★★

Applied morning, money by evening. SMS and email updates were timely.

Gurpreet H 39 days ago
Verification Call Delayed
★★★

Everything was online but the verification call came next day. Slight delay.

Chirag U 46 days ago
Great UI and Steps
★★★★★

Very clear screens. Each step told me what to upload and why.

Ananya Q 55 days ago
Need More Lenders
★★★

Got offers from 4 lenders. Wish there were more NBFC options to compare.

Dev R 64 days ago
Co-Applicant Not Supported
★★★★★

I wanted to add my spouse as co-applicant but didn’t see that option.

Vasudha N 77 days ago
Auto-Debit Failed Once
★★★★

First EMI auto-debit failed due to bank issue. Support fixed it fast.

Madan P 92 days ago
No Collateral Needed
★★★★★

Unsecured loan with fair rate. Funds used for medical bills. Good experience.

Karthik E 116 days ago
Docs for Self-Employed Are Heavy
★★★★

ITR, GST, bank statement asked. It worked but took extra time.

Shalini C 158 days ago
CIBIL Below 700 Rejected
★★

I was declined due to low CIBIL. Please show tips to improve score.

Imtiyaz W 182 days ago
Clear EMI Breakup
★★★★

The breakup showed interest vs principal every month. Very helpful.

Bhavana Y 199 days ago
Foreclosure Charges High
★★★

Pre-closure fee was more than I expected. Please highlight this earlier.

Neeraj I 240 days ago
Simple and Beginner-Friendly
★★★★

New to loans. The platform explained terms like ROI, PF, and NACH in plain words.

Rupa A 283 days ago
Multiple Offers, One Application
★★★★★

Got 3 lender offers from one form. Picked the lowest EMI. Very simple.

Saurabh P 4 days ago
NBFC Approved Me
★★★★

Bank declined due to thin credit history. An NBFC partner approved me next day.

Geetha L 5 days ago
Multiple Offers in One Place
★★★★★

One form, got 3 lender offers. Picked the lowest EMI in minutes.

Akhil P 4 days ago
NBFC Approved Quickly
★★★★

Thin credit file. A partner NBFC approved me the next day.

Gayathri S 5 days ago
KFS Before eMandate
★★★★★

KFS showed rate, fees, and foreclosure terms before I signed eNACH.

Rahul N 6 days ago
Co-Applicant Helped Rate
★★★★

Added my spouse as co-applicant and one bank offered a lower rate.

Seema L 7 days ago
Video KYC Was Smooth
★★★★★

Did video KYC in 5 minutes. No branch visit needed.

Arun V 8 days ago
Stamp Duty Clear
★★★★

Processing fee and stamp duty were shown upfront per lender.

Payal R 9 days ago
Rate Match Worked
★★★★

Uploaded a competing offer and the partner matched the rate.

Irfan S 10 days ago
FOIR Reason Explained
★★★★

One bank declined due to FOIR. Reason and next steps were clear.

Manasa K 11 days ago
Doorstep Pickup Arranged
★★★★

Original sighting required. Pickup was done the next morning.

Vijay B 12 days ago
Too Many Calls From Lenders
★★★

Got calls from two lenders at the same time. Coordination can improve.

Gautam D 13 days ago

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Written by Prem Anand, a content writer with over 10+ years of experience in the Banking, Financial Services, and Insurance sectors.

Who is the Author?

Prem Anand is a seasoned content writer with over 10+ years of experience in the Banking, Financial Services, and Insurance sectors. He has a strong command of industry-specific language and compliance regulations. He specializes in writing insightful blog posts, detailed articles, and content that educates and engages the Indian audience.

How is the Content Written?

The content is prepared by thoroughly researching multiple trustworthy sources such as official websites, financial portals, customer reviews, policy documents and IRDAI guidelines. The goal is to bring accurate and reader-friendly insights.

Why Should You Trust This Content?

This content is created to help readers make informed decisions. It aims to simplify complex insurance and finance topics so that you can understand your options clearly and take the right steps with confidence. Every article is written keeping transparency, clarity, and trust in mind.

🏅 This content follows Google's People-First Content Guidelines

Based on Google's Helpful Content System, this article emphasizes user value, transparency, and accuracy. It incorporates principles of E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness).

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