Overview of Personal Loan in Manesar
A personal loan in Manesar offers quick financial support for emergencies, weddings, travel, or debt consolidation. In 2025, lenders like ICICI Bank, Bajaj Finance, and Axis Bank provide personal loans in Manesar with interest rates starting at 10.5% per annum. Loanpao helps you compare offers, check eligibility, and apply seamlessly for a personal loan tailored to your needs in Manesar.
Eligibility Criteria for Personal Loan in Manesar
| Criteria | Details |
|---|---|
| Age | 21 to 60 years |
| Residency | Resident of India with valid address proof in Manesar |
| Income | Minimum ₹25,000 monthly income (salaried/self-employed) |
| Employment | Minimum 1 year of stable employment or 2 years in business |
| Credit Score | Minimum 700 preferred |
| Debt-to-Income Ratio | Below 40% preferred |
Documents Required for Personal Loan in Manesar
- Identity Proof: Aadhaar Card, PAN Card, or Passport.
- Address Proof: Utility bill, Aadhaar, or Rental Agreement (Manesar address).
- Income Proof: Salary slips (last 3 months), ITR (last 2 years).
- Bank Statement: Last 6 months’ bank statements.
- Photographs: 2 passport-sized photographs.
- Employment Proof: Appointment letter or business registration certificate.
Benefits of Personal Loan in Manesar
- Competitive interest rates starting at 10.5% per annum in 2025.
- Loan amounts up to ₹25 lakh for eligible applicants in Manesar.
- Instant disbursal within 24-48 hours from lenders like Bajaj Finance.
- Flexible repayment tenure of up to 5 years.
- No collateral required, ensuring quick access to funds.
Factors Affecting Personal Loan in Manesar
Interest Rate
Rates range from 10.5% to 16%, depending on credit score, income, and employment stability.
Loan Amount
Up to ₹25 lakh, based on income and creditworthiness in Manesar.
Credit Score
A score above 700 ensures better terms in Manesar.
Income Stability
Higher and stable income increases loan eligibility.
How to Apply for a Personal Loan in Manesar
Follow these steps to apply for a personal loan in Manesar through Loanpao:
- Visit loanpao.in and select "Personal Loan in Manesar."
- Fill out the online application form with your details (name, Manesar address, income).
- Upload required documents (Aadhaar, PAN, salary slips).
- Compare offers from top Manesar lenders like ICICI Bank, Bajaj Finance, and Axis Bank.
- Get approval and funds disbursed within 24-48 hours in Manesar.
Loan Eligibility for Personal Loan in Manesar
Check your eligibility for a personal loan in Manesar with Loanpao’s eligibility tool:
- Enter your monthly income (minimum ₹25,000).
- Provide your credit score (preferably above 700).
- Specify your employment details (minimum 1 year).
- Include your Manesar address for localized offers.
Loanpao will instantly assess your eligibility and suggest the best personal loan offers in Manesar.
Check Eligibility NowTrack Your Personal Loan Application in Manesar
Loanpao provides a seamless tracker for your personal loan application:
- Submit your application ID on the Loanpao Tracker page.
- Get real-time updates on your application status (e.g., under review, approved, disbursed).
- Receive notifications for disbursal updates in Manesar.
- Contact Loanpao support for assistance with delays in Manesar.
Personal Loan Comparison in Manesar
Compare personal loan offers from top lenders in Manesar:
| Lender | Interest Rate | Loan Amount | Tenure | Processing Fee |
|---|---|---|---|---|
| ICICI Bank | 10.5% p.a. | Up to ₹25 lakh | Up to 5 years | 1% of loan amount |
| Bajaj Finance | 11% p.a. | Up to ₹20 lakh | Up to 4 years | 2% of loan amount |
| Axis Bank | 11.25% p.a. | Up to ₹15 lakh | Up to 5 years | 1.5% of loan amount |
Frequently Asked Questions
The minimum monthly income required is ₹25,000 for a personal loan in Manesar.
Interest rates for personal loans in Manesar start at 10.5% per annum, depending on the lender.
Personal loans in Manesar can be disbursed within 24-48 hours after application submission.
Yes, but a credit score above 700 is preferred. Some lenders in Manesar may approve with a lower score at higher rates.
The maximum tenure for a personal loan in Manesar is up to 5 years.
Yes, most lenders in Manesar allow prepayment with minimal charges after 6 months of EMIs.
Missing an EMI can lead to late fees, a negative impact on your credit score, and potential legal action by the lender.
Top lenders in Manesar for personal loans include ICICI Bank, Bajaj Finance, and Axis Bank, offering competitive rates and quick disbursal.
Yes, Loanpao offers a fully online application process for personal loans in Manesar.
The maximum loan amount for a personal loan in Manesar can go up to ₹25 lakh, depending on the lender and your income.