Which bank gives more loans in India?

Which bank gives more loans in India?

Comparison of Best Personal Loan Providers in India

Lender Interest Rate (p.a.) Processing Fee
UCO Bank 10.05\% – 10.45\% Up to 1\%
HDFC Bank 10.25\% – 21\% Up to 2.5\% (Maximum Rs. 25,000)
Kotak Mahindra Bank 10.25\% onwards Up to 2.5\%
Federal Bank 10.49\% – 17.99\% Up to 3\%

Which private bank gives loan easily?

Top Private Sector Banks Offering Personal Loans

Bank Interest Rate (p.a.) Repayment Tenure
Citibank 10.99\% to 13.75\% 12 months to 60 months
Deutsche Bank 24\% 12 months to 48 months
Federal Bank 10.00\% to 27.00\% Up to 48 months
RBL Bank 12.00\% to 26.00\% 12 months to 60 months

How can I get a loan quickly?

Just visit the MobiKwik App or website and get your instant personal loan in just three steps:

  1. Download the MobiKwik app and apply for the loan by filling in an online loan application.
  2. Fill in the details and instant loan approval will be received shortly.
  3. The amount will reflect in the wallet instantly.
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What is a gold loan?

Gold loan (also called loan against gold) is a secured loan taken by the borrower from a lender by pledging their gold articles (within a range of 18-24 carats) as collateral. The loan amount provided is a certain percentage of the gold, typically upto 80\%, based on the current market value and quality of gold.

What is the difference between public sector banks and private banks?

The interest rate policies are more transparent in public sector banks than private banks. They keep the same policies for all loan customers and the decreased rate is effective for existing customers also almost immediately.

What is the role of the government in the banking sector?

In nationalized banks the government control and regulates the functioning of the banking entity. Some examples are SBI, PNB, BOB, OBC,Allahabad Bank etc. However, the government keeps reducing the stake in PSU banks as and when they sell shares.

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Is private sector banking a good career choice?

Private sector banks are usually known for their highly competitive outlook and technological superiority. As a result, careers in private sector banking also tend to be more competitive where professionals are required to meet stiff targets and perform above par to ensure good career growth.

What is the difference between PSU and private sector banks in India?

Whereas private sector bank in India target company employees,for their salary accounts, credit cards and net banking. In terms of financial performance, PSU banks lag behind. When comparing most of the parameters like non performing assets or NPA and net interest margins, private sector banks tend to be much better placed.