Why Choose Kreditbazar for a Personal Loan in Indore?
We partner with NBFCs and lenders open to offering loans with easy terms and quick processing in Indore.
Trusted Partners with Top Banks & NBFCs
We work with leading lenders to help you get the best personal loan in Indore. Whether you need money for a medical emergency, marriage, travel, or home renovation – we offer loan options that suit your needs and lifestyle.
Fast Approval with Easy Process
No more long waits! Our partner lenders offer quick loan approvals, often within 24-48 hours. The process is online, smooth, and fast so you can get your loan without any hassle.
Minimum Documents Required
You don’t need to run behind paperwork. Just share your basic KYC documents, income proof, and bank details – and you’re good to go. The process is simple and stress-free.
Flexible Loan Amounts & EMI Options
Whether you need ₹50,000 or ₹25 lakhs, we have options for all. Choose your loan amount and EMI based on your salary, repayment ability, and comfort.
100% Transparent – No Hidden Charges
We ensure full clarity. From interest rates to processing fees – everything is shared upfront. So, you know exactly what you’re signing up for. No surprises later!
Loans for All – Salaried & Self-Employed
Whether you're a private employee, government worker, or running your own business – you can easily get a personal loan in Indore through Kreditbazar.
Is There Any Fee for Getting a Loan in Indore?
Yes, lenders may charge a small processing fee, usually 1% to 3% of the loan amount. But don’t worry – we share all the charges before you apply. No hidden costs at all!
| Fee Type | Amount |
|---|---|
| Rate Of Interest | Starting from 16% p.a. on a reduced balance basis |
| Processing Fee | Starting from 2% of the loan amount plus GST |
| Tenure | 3 to 36 months |
| APR | Starting from 18% |
| Bounce Charge | ₹500 plus GST |
| Late Payment Charges | ₹500 plus GST or 3% of the total loan amount, whichever is higher as per the overdue amount |
| Stamp Duty | 0.1% of the loan amount |
| Mandate Rejection Charges | ₹250 plus GST |
| Pre-Clouser Charges | Nil |
Know Loan Criteria, Apply Confidently!
Quick and Simple Requirements to Avail a Personal Loan through Kreditbazar
NBFC Loan Criteria for Salaried
Eligibility Criteria -
Age Range: 21 to 55 years
Monthly Income: ₹15,000 & above (Reflected in bank statement)
Job Duration: Min. 1 year
Nationality: Indian
Documents Required -
Identity Proof : Passport / Aadhaar card / PAN card / Driver's license
Selfie : A clear picture of yours with proper lighting
Address Proof : Passport / Rent agreement / Utility bills / Voter’s ID
Proof of Income : Bank statements / Salary slips (3 months) / Form 16
NBFC Loan Criteria for Self-Employed
Eligibility Criteria -
Age Range: 21 to 55 years
Monthly Income: ₹15,000 & above (Reflected in bank statement)
Business Duration: Min. 1 year
Nationality: Indian
Documents Required -
Identity Proof : Passport / Aadhaar card / PAN card / Driver's license
Selfie : A clear picture of yours with proper lighting
Address Proof : Passport / Rent agreement / Utility bills / Voter’s ID
Proof of Income : Bank statements / Minimum 3 Year IT Return
Choose a Personal Loan That Fits You
Not sure which one is best? No problem! We help you compare and choose the right personal loan plan in Indore based on your budget and needs. Apply online and pay back in easy EMIs.
Travel
Education
Emergency
Shopping
Wedding
Low Salary
Maternity
Gifting
Home Renovation
Who can apply for a personal loan in Indore?
Any salaried or self-employed person aged between 21-60 years with a stable income and a good credit history can apply.
-
How much loan can I get in Indore?
Depending on your profile, you can get between ₹50,000 to ₹25 lakhs.
-
How long does it take to get the loan?
Once you submit all documents, it usually takes 24 to 48 hours for loan disbursal.
-
Do I need to visit any office in Indore?
No. You can apply for a personal loan completely online through Kreditbazar. No office visit required.
-
What documents are required for a personal loan?
You’ll need PAN card, Aadhaar, salary slip or ITR, bank statement, and one photo.
-
Can I get a loan with low CIBIL score in Indore?
Some NBFCs do provide loans even with lower scores, but the interest rate might be higher.
-
Can I pre-close my loan early?
Yes. Most lenders allow loan pre-closure after 6–12 months. Check for any foreclosure charges.
-
What’s the interest rate for a personal loan in Indore?
Rates generally range between 10.5% to 24% depending on your profile and the lender.
-
Is there a processing fee?
Yes, usually 1% to 3% of the loan amount.
-
How do I repay the loan?
You can repay in monthly EMIs directly from your bank account.
