Personal Loan in Madurai — Rates from 10.75%
Compare 55+ lenders for the cheapest personal loan in Madurai, Tamil Nadu. Instant approval, online application, disbursal in minutes. Average loan: ₹1,30,000.
Download GoCredit — Check Eligibility in MaduraiBest Personal Loan Lenders in Madurai
Compare personal loan offers from top banks, NBFCs and fintechs in Madurai. Instant approval and online application available.
HDFC Bank
bankIndia's most trusted private bank for personal loans
State Bank of India
bankIndia's largest bank — trusted by millions
ICICI Bank
bankFast digital approvals, competitive rates
Bajaj Finserv
nbfcIndia's most popular NBFC — instant approvals
Fullerton India
nbfcLoans for self-employed and salaried both
Personal Loans in Madurai — What You Need to Know
Madurai is Tamil Nadu's temple city and a growing commercial hub with a large textile and healthcare sector.
The average personal loan amount in Madurai is ₹1,30,000, with the cheapest interest rate starting from 10.75%. With GoCredit, residents of Madurai can get an instant personal loan from 55+ lenders including State Bank of India, HDFC Bank, ICICI Bank and more — all through a single AI-powered app.
Personal Loan Interest Rates in Madurai — Lender Comparison
| Lender | Interest Rate | Min CIBIL | Max Amount | Disbursal |
|---|---|---|---|---|
| HDFC Bank | 10.5% - 24% | 700+ | ₹40,00,000 | 24 hours |
| State Bank of India | 11.05% - 14.56% | 650+ | ₹20,00,000 | 3-5 working days |
| ICICI Bank | 10.65% - 16% | 700+ | ₹50,00,000 | 24-48 hours |
| Bajaj Finserv | 11% - 34% | 685+ | ₹40,00,000 | 24 hours |
| Fullerton India | 11.99% - 36% | 650+ | ₹25,00,000 | 24-48 hours |
Unlock exclusive rates from premium NBFCs and fintechs not shown here. Many offer lower rates than banks — but only through the app.
Personal Loan Eligibility in Madurai
Check if you qualify for a personal loan in Madurai — minimum CIBIL 650+. For salaried and self-employed individuals. GoCredit's AI agent matches you with the best lender from 55+ options.
Personal Loan EMI Calculator for Madurai
How much will a personal loan cost you in Madurai? EMI breakdown for ₹1,30,000 (average loan amount) at the cheapest to highest rates available.
EMI calculated using standard reducing balance method. Actual EMI may vary based on lender terms.
FD vs Personal Loan Calculator
Need money urgently? Compare whether breaking your Fixed Deposit or taking a personal loan in Madurai is cheaper.
Should You Break Your FD or Take a Personal Loan in Madurai?
Compare the cost of breaking your Fixed Deposit vs taking a personal loan to meet your needs.
Apply for Personal Loan Online in Madurai
GoCredit's AI agent does the hard work for you — finds, compares, and applies to 55+ lenders automatically. No manual searching.
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Documents Required for Personal Loan in Madurai
Want a personal loan in Madurai without documents? Fintech lenders need minimal paperwork — just PAN and Aadhaar. Banks require more, but GoCredit's 100% digital process means no branch visits.
- ✓ PAN Card
- ✓ Aadhaar Card
- ✓ Salary Slips (3 months)
- ✓ Bank Statement (6 months)
- ✓ Address Proof
- ✓ PAN Card
- ✓ Aadhaar Card
- ✓ Salary Slips (3 months)
- ✓ Bank Statement (3 months)
Frequently Asked Questions — Personal Loan in Madurai
What is the lowest interest rate for personal loan in Madurai?
Which lender gives the fastest personal loan in Madurai?
Can I get a personal loan in Madurai without CIBIL score?
What is the maximum personal loan amount available in Madurai?
How many lenders offer personal loans in Madurai?
What documents do I need for a personal loan in Madurai?
Can self-employed people get a personal loan in Madurai?
What is the average personal loan amount in Madurai?
Is it better to break my FD or take a personal loan in Madurai?
How quickly can I get a personal loan in Madurai?
Pincodes Served in Madurai
GoCredit lenders are available across 184 pincodes in Madurai, Tamil Nadu. Enter your pincode in the GoCredit app to check eligible loan offers instantly.