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Varanasi, a city on the left bank of the Ganga River in North India has importance as a pilgrimage and cultural center. The ancient name of this city was Kashi associated with the kingdom of Kashi around 2,500 years ago. There are records in Pali that indicate the Buddha first sermonized there. Banaras Locomotive Works and Bharat Heavy Electricals employ a large number of the local population as does the traditional silk weaving, carpet and craft, and tourism industry.

Should you be threatened by a dogged monetary crunch condition, or severe complaint expenditure such as a medical or well-being expense, or a grim travel expense, which may make you edgy while employed and living in this city of Uttar Pradesh, you would want wide-ranging fiscal guidance to see you prepared. Such times of depression can be comforted with the support of Ruloans Personal Loans in Varanasi on sensible terms. We at Ruloans are at this stage are here to attend to you in your times of burden at no extra cost.

What makes Personal Loan a Perfect Choice!

Features and Benefits of a Personal Loan in Varanasi

Available as a loan that requires no collateral, you can avail of a personal loan easily on the basis of your income. A personal loan has many ends uses, some of which are listed below.

  • Medical Emergency

    An emergency personal loan to finance sudden and unforeseen expenses

  • Travel Loan

    A personal travel loan that covers expenses while on vacation or a holiday

  • Wedding Loan

    Meet marriage related expenses with a personal wedding loan for a special occasion

  • Debt Consolidation

    Pay off old debts and reduce interest payments with a personal debt consolidation loan

  • Home Renovation

    A personal home renovation loan to upgrade and improve your residence

  • Education Loan

    Pursue higher studies with a personal education loan to cover your expenses

Read More

Basically, a short-term loan, the term of a personal loan ranges from 12 to 72 months. This means that you don’t have to burden yourself for a longer duration, and if you wish, you may close the loan conveniently at any time during the tenure in accordance with the policy of your bank. Approved and disbursed quicker than most loans within 24 to 48 hours, a personal loan in Varanasi requires minimal documentation such as KYC, income documents, and employment documents.

Eligibility Criteria for a Personal Loan in Varanasi

The term Loan Eligibility in broad terms refers to your ability or capacity to avail a personal loan from a bank or an NBFC. Lenders use Eligibility Criteria as a benchmark to decide the quantum of funds to be lent on the basis of your financial credentials such as your income, other obligations, an additional source of income, etc., subject to your age, which decides your personal loan tenure. Income and age are not the only criteria for determining loan eligibility. Combinations of other factors such as your employment, your CIBIL score, etc., are also used to determine personal loan eligibility. Eligibility Criteria required are as listed below.

Your age becomes an important criterion as a measure of your ability to repay a Personal Loan. As a rule, you will not be denied a personal loan should you be a person aged between 21 to 60 years.

Should you be a salaried individual, you are eligible for a personal loan.

Your term or period of employment becomes a measure of your reliability to repay a loan in time. A Personal loan for salaried employees dictates that you must be working for an MNC, or a Private, or Public Limited Company, with a minimum work experience of 2 to 3 years.

The minimum salary or income required for a personal loan for eligibility differs from lender to lender. You as a salaried person should have a minimum salary of Rs. 15,000 per month.

Lenders assess your creditworthiness or ability to repay a personal loan by accessing your credit score, which derives from your credit history in your credit report. Your credit score affects the loan amount, period of credit, interest rate, and terms that you are offered. Your Credit Score (CIBIL) should be above 650.

What are the Documents Required for a Personal Loan in Varanasi?

We at Ruloans are committed to making your borrowing process smooth. Documents required for a personal loan are minimal. We request you submit the correct information and papers so that your personal loan application can be processed in the shortest possible time. The documents required are as listed below.

Documents Required

Identity and Residence Proof

  • PAN Card
  • Aadhaar Card
  • Electricity Bill

Employment Proof and Income

  • Company Identification Card
  • 6 months Bank statement
  • 3 months Salary Slips
  • 2 years Form-16


  • Application with Photograph

How to Calculate EMI in Varanasi online for Personal Loan?

The advanced features of Ruloans’ Personal Loan EMI Calculator help you figure out the monthly installment pay-outs on your borrowings in an instant. Enter the Personal Loan Amount, the Rate of Interest, and the Loan Duration in the fields, and click on the Calculate button. The calculator designed for ease of use throws up the EMI Amount in a jiffy; this allows you to plan your loan and repayment efficiently.

To arrive at the preferred EMI amount, make changes to the required fields. If you wish to lower the EMI, reduce the loan amount or interest rate, and increase the tenure. Alternatively, increase the loan amount or reduce the tenure for higher EMIs. Click Ruloans’ Personal Loan EMI Calculator to calculate your Personal Loan EMI.

Get Personal Loan in no time with these easy steps!

How to apply for a Personal Loan in Varanasi?



Online Application


Click on apply now


Fill in personal and financial details


Submit application

Varanasi Personal Loan Interest Rates

Among other financial products, Ruloans has a collection of Personal Loans offered by reputed Banks and NBFCs, for you to make a selection from according to your needs. Available both online and offline, you can be sure you have the best at your fingertips. Check out the interest rates offered by each of these financial institutions. Compare the latest personal loan interest rates and processing fees offered by our partner banks and NBFCs.

Personal Loans offered by various Lenders in Varanasi

Ruloans has partnered with several reputed Banks and NBFCs to offer you a selection of Personal Loans in Varanasi both online and offline. Take a look at our prestigious Partner Banks and NBFCs listed below.

Lender Name

HDFC Bank Ltd


Bajaj Finance Ltd


Axis Bank Ltd

Tata Capital


IndusInd Bank

Kotak Mahindra Bank Ltd

Aditya Birla Finance Limited

Axis Finance Ltd

Yes Bank



Shinhan Bank

Standard Chartered Bank


Incred Finance


IndusInd Bank Interest Rates

IIFL Interest Rates

Muthoot Interest Rates

How do I get a Personal Loan with the Lowest Interest Rate in Varanasi?

Most banks and lending institutions offer Personal Loan Interest Rates to a loan applicant after weighing factors such as his credit score, monthly income, occupation profile, etc. Hence, personal loan interest rates are offered by as many lenders as possible, based on the credit scores and other aspects of your credit profile. Consider the following to avail a personal loan at the lowest interest rate available.

  • Build and maintain your credit score of 650 or above.
  • Check for pre-approved offers from banks and NBFCs.
  • Make Enquiries with Banks / NBFCs with whom you already bank with, or have the deposits.
  • Check for low interest rate festive offers and discounts.
  • Research financial marketplace online to compare offers from lenders.