Personal loans are a great financial resource for individuals who find themselves in need of extra funds. These loans provide money to borrowers without the hassle of undergoing a lengthy loan application process or putting up collateral. If you require personal loans in Chennai, Piramal Finance is your ideal place.

Piramal Finance is one of Chennai's leading providers of personal loan services. We promise competitive rates and flexible repayment terms, allowing borrowers to tailor the loan to their financial needs.

Benefits of Personal Loan in Chennai

Fast approval

We understand your needs and can offer a fast approval process, giving you quick access to the required funds.

Competitive interest rates

Piramal Finance offers competitive personal loan interest rates in Chennai, ensuring your payments stay low.

Flexible repayment terms

We have flexible repayment terms with no hidden costs or penalties, allowing you to pay back at a rate that suits your budget

Convenience

Using our online application process, you can easily apply for a personal loan in Chennai. Our customer service team is always available to answer any queries about the loan process.

Documents Required for a Personal Loan in Chennai

Salaried	Self Employed

Salaried	Self Employed

Last 3 months' salary slip, stating employer's name, salary break up, and bank details	Business registration certificates issued by government authorities such as GST certificates, Shop and Establishment licenses, etc.
Valid identity proof such as Aadhaar card/Voter’s ID/Driving License/Passport	Last 3 years Income Tax Return along with computation of Income, Balance sheet, and Profit & Loss Account statement certified by a Chartered Accountant
Latest 6 months Bank statement	Latest 6 months Bank statement

Last 3 months' salary slip, stating employer's name, salary break up, and bank details	Business registration certificates issued by government authorities such as GST certificates, Shop and Establishment licenses, etc.
Valid identity proof such as Aadhaar card/Voter’s ID/Driving License/Passport	Last 3 years Income Tax Return along with computation of Income, Balance sheet, and Profit & Loss Account statement certified by a Chartered Accountant
Latest 6 months Bank statement	Latest 6 months Bank statement

Form 16 or Income tax retur n (ITR) for the last 2 years, if applicable.

Proof of continuity of business i.e., the partnership deed or proprietorship letter etc. in case of self-employed professional for more than 1 year, if applicable

Form 16 or Income tax retur n (ITR) for the last 2 years, if applicable.

Proof of continuity of business i.e., the partnership deed or proprietorship letter etc. in case of self-employed professional for more than 1 year, if applicable

Eligibility Criteria for a Personal Loan in Chennai

To be eligible for a Personal Loan from Piramal Finance in Chennai, you must fulfill certain criteria. The criteria are:

You should have Indian nationality.
You should be at least 21 years of age.
Your income should be more than Rs. 15,000 per month.

How to Apply for a Personal Loan in Chennai

Piramal Finance's physical branches in Chennai make it effortless to secure a personal loan; submit your documents and application form. But if you need immediate assistance, look at our online portal! Our hassle-free website is designed for fast results—get the financial aid you need faster than ever with Piramal Finance!

To apply for a personal loan at Piramal Finance, you should follow the steps below:

Step 1: Calculate Your Eligibility

Before filling out the application form, ensure you’re eligible for our personal loan. See if you meet all the eligibility criteria that we mentioned on this page or not. If yes, proceed to the next step.

Step 2: Fill Out the Application & Submit It

Fill out all the necessary information, including your professional, personal, and income details. Ensure you fill in the correct information, as any wrong input will result in rejection. Once done, submit it.

Step 3: Submit Documentation

Scan and upload all the necessary documents required for the personal loan application. Submit documents such as your income, photo ID, and address proof.

Step 4: Verification

Once you submit the application and documents, wait for the experts at Piramal Finance to assess and verify them.

Step 5: Approval & Disbursal

Once the verification is done, we will approve your application and disburse the personal loan amount on the same day.

Personal Loan Interest Rate in Chennai

Are you searching for a personal loan in Chennai? Look no further than Piramal Finance! Our interest rate will start at 12.99*% p.a. with no hidden costs - what's shown is what you'll pay. Integrity and transparency are central to all of our business operations; thus, we ensure that the processing fees are laid out upfront so there won't be any shocks when settling your loan.

At Piramal Finance, we offer the lowest personal loan interest rates in Chennai. We will carefully craft our low-interest charges based on your situation, including your credit score, salary, and employment status. This way, you can relax knowing that payments are manageable!

Uses of Personal Loans in Chennai

Personal loans are widely used in Chennai to help people meet their financial needs. They can be used for a variety of purposes, including:

1. Home Renovation and Improvement Projects

Personal loans can help homeowners renovate and improve their homes without breaking the bank, from repainting the walls to installing new fixtures.

2. Debt Consolidation

High-interest rates on credit cards and other debts may make it difficult to keep up with payments. A personal loan can lower monthly payments by consolidating debt into one payment at a lower interest rate.

3. Education Expenses

Whether you or someone you know is pursuing higher studies or specialized courses, tuition fees can become a huge burden financially. Fortunately, personal loans can help cover educational expenses and make higher education more accessible

4. Startup Capital

Personal loans are a great way to finance the start-up of your own business without having to rely solely on savings or investments. With a personal loan, you’ll have access to the capital you need at an affordable rate.

5. Vacations

Everyone needs a break occasionally; you can take a well-deserved vacation without breaking the bank with a personal loan.

Nearest Branches of Piramal Finance where you can visit and apply for a Personal loan in Chennai

New Avadi Road

The New Avadi Road branch of Piramal Finance is located at No. 2/75, The Blue Lace Brocade on the 1st floor. The branch is well connected to other parts of Chennai by road and metro rail. You can apply for a personal loan in New Avadi Road branch in just 15 minutes.

T Nagar

The T Nagar branch of Piramal Finance is located at New No. 30, Blossom Centre, on the 3rd floor. The right way to reach here is by taking a train to the Pondy Bazaar Station on the Chennai Central Line and then walking for a few minutes from there. One of the finest choices you can make is to apply for a personal loan in T Nagar at Piramal Finance.

Kodambakkam

The Kodambakkam branch of Piramal Finance is located at New No. 36, and Old No. 24 at the Kalpalathika Tower. The easiest way to reach here is by taking public transportation. Obtain a personal loan in Kodambakkam branch from experienced professionals.

West Tambaram

The West Tambaram branch of Piramal Finance is located at D No 272/63, Gandhi Road, on the 1st floor. To get here, you can either take a bus or an auto-rickshaw. It is located just two minutes away from the Tambaram Railway station. Also, applying for a personal loan in West Tambaram branch is extremely simple.

Nanganallur

The Nanganallur branch of Piramal Finance is situated at No. D206 & 207, NBR Complex, on the 2nd floor. An easy way to reach the branch is by taking public transportation. You can apply for a personal loan in Nanganallur branch without any issues.