Get Personal Loans in Gurugram
Gurugram (Gurgaon), the corporate and startup capital of Haryana, is home to lakhs of salaried professionals, entrepreneurs, and business owners. Whether you live in DLF Phase 1–5, MG Road, Sohna Road, or Golf Course Extension, a personal loan can help you meet any financial need—be it medical emergencies, travel, wedding expenses, or debt consolidation.
With WeCredit, applying for a personal loan in Gurugram is completely digital. You can compare offers from trusted lenders, upload documents online, and receive the funds in your bank account within 24–48 hours—without any paperwork or office visits.
Personal Loan EMI Calculator
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Top Personal Loan Interest Rates in Gurugram
Here’s a comparison of personal loan interest rates from various lenders:
| Lenders | Interest Rate |
|---|---|
| Moneyview | 15.6% |
| KreditBee | 18% |
| Fibe | 18% |
| Prefr | 18-36% |
| L&T Finance | 10.8% |
| Incred Finance | 15.6%-36% |
| Bank of Baroda | 10.10% |
| Bank of India | 10.25% |
| IDBI Bank | 9.5%-14% |
| PNB | 11.40% |
| State Bank of India | 11.15% |
| Union Bank of India | 9.30% 13.40% |
| ICICI Bank | 10.75% 19% |
| Indusind Bank | 10.5% Onwards |
| IDFC First Bank | 10.75% |
| Kotak Mahindra Bank | 10.5% |
| RBL Bank | 14%-23% |
Small Cash Loan Using Your Aadhar Card
Documents Required for a Personal Loan in Gurugram
| Category | Documents |
|---|---|
| KYC Documents |
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| Income Documents – Salaried |
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| Income Documents – Self-employed |
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| Other Documents |
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Why WeCredit for Personal Loans in Gurugram?
- Hassle-free online application
- Instant loan approval
- Fast disbursal to your account
- Minimal documentation
- Flexible repayment tenure (1 to 5 years)
- Attractive interest rates
- Pre-approved offers
- Easy EMIs
How to Apply for a Personal Loan in Gurugram?
For Applicants with a Good Credit Score:
You’re more likely to receive lower interest rates if your credit score is strong. At WeCredit, we reward financial discipline with better rates.
For Applicants with a Low Credit Score:
WeCredit offers support for individuals with poor credit history by providing secured loans, financial counselling, and co-borrower options to improve your loan eligibility.
Eligibility Criteria for Personal Loan
| Criteria | Details |
|---|---|
| Citizenship | Indian |
| Age Limit | Minimum 21 years at loan application and maximum 60 years at loan maturity |
| Monthly Income | ₹20,000 |
| Work Experience (Salaried) | Minimum 1 year, but some lenders require more than one year of experience |
| Work Experience (Self-employed) | Minimum 2-3 years of experience required |
| Credit Score | 700 or above |
*Personal loan eligibility criteria may vary from lender to lender.
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How WeCredit Works
Compare Loans
Easily compare loan options from multiple lenders to find the best fit for you.
Register Online
Our simple online registration process makes applying quick and convenient.
Get Quick Approval
Receive fast approval on your loan application, getting you the funds you need without delay.
1. Is it possible to apply for a personal loan in Gurugram online?
Yes. Residents of Gurugram can apply entirely online through WeCredit. Whether you’re based in DLF Cyber City, Sector 56, or Sohna Road, there’s no need to visit a branch. You can fill out the form, upload documents, and receive funds—all from your home or office.
2. How long does it take to receive funds after approval?
Disbursal usually takes between 24 to 48 business hours after verification. Some salaried applicants in MNCs or reputed companies may even get same-day disbursal. Timely documentation speeds up the process.
3. Do I need to pledge any assets or provide a guarantor?
No. Personal loans in Gurugram offered via WeCredit are unsecured, meaning you don’t need to pledge your house, gold, or provide a guarantor. Approval is based on your income, credit history, and employment stability.
4. Are self-employed professionals eligible for a personal loan?
Yes. If you run a business or work as a freelancer in Gurugram, you can apply with ITRs, GST registration, and bank statements. Business owners in sectors like marketing, retail, tech, and even small traders are eligible if they meet basic income criteria.
5. What is the minimum income required to qualify for a loan in Gurugram?
Most lenders require ₹20,000 monthly income as a minimum. However, higher income or working for reputed companies (like in DLF Cyber Hub or Udyog Vihar) improves your chances of getting better loan amounts and interest rates.
6. Can I get a personal loan with a low credit score?
Yes, although your options may be limited. If your CIBIL score is low, lenders may reduce the amount or charge a higher interest. To improve your chances, consider applying with a co-applicant who has a strong score or provide steady income proof.
7. Are government and PSU employees given better loan terms?
Absolutely. Employees in stable sectors like railways, defense, and public sector companies are seen as low-risk by lenders. This often translates into quicker approvals, lower interest rates, and longer repayment periods.
8. What happens if I miss my EMI in Gurugram?
Missing an EMI leads to late payment charges and a drop in your credit score. This could affect your future loan eligibility. To avoid this, enable auto-debit and ensure you have sufficient balance on EMI due dates. If you’re facing financial difficulty, speak to your lender early for possible restructuring.