Personal Loan

Citibank India offers personal loans upto Rs.10,00,000 within 48 hours. You can get a loan without any guarantors or offering any security/ collateral. Citibank has a tool on their web site, which lets you know how much loan you are eligible for. Their limit is usually quite generous. By and large you can get a loan upto ten times your monthly salary. So if your salary is Rs.15,000, you're probably eligible for Rs.1,50,000. Most foreign banks, including Citibank, are usually very keen to offer loans to their customers. It is a profitable business for them, considering the interest rates which apply to these personal loans.

ICICI bank offers personal loans upto an amount of Rs.15 lakhs. No security/ guarantor is required for this loan and it can be repaid over a period of between 12 months and 60 months. They claim that 'minimum documentation' is required. You can also get an ICICI Bank Personal Loan on the repayment track of your existing Home loan, Car loan or Personal loan; or your Credit Card statement. If you're an ICICI bank customer, you can get a loan without having to visit your local branch.