Instant Personal Loan In Chennai

Chennai is the capital of the Tamil Nadu, one of South India’s most economically advanced states. Chennai has a population of roughly 10 million people. Chennai consistently ranks as one of the most visited cities in India and has a highly developed IT and manufacturing sector. Credy provides fast personal loans in Chennai. The loan application process is fully digital and there is no piece of paper taken from the customer in the entire loan journey. Unlike many other financial institutions, Credy provides personal loans to both the local Tamil people and workforce which comes to the city seeking jobs.

The top reasons for which people do personal loan applications in Chennai are:

  1. Medical Emergency:
    A medical emergency can happen at any point in time, and you may need immediate funds to take care of your loved ones during such an emergency. You can now help them immediately via Credy. Just do the application quickly on the Credy app and provide all the necessary information. Once that is done, you will get the money disbursed to your bank account in 24 hours. In case of emergency, time is of the essence and Credy helps customers in Chennai by giving them loans quickly. Chennai has several good quality hospitals like Chettinad, Apollo, Fortis, etc.

  2. Education:
    Chennai boasts of several high-quality schools and colleges. Thousands of students from outside Chennai come to study in the city. However, getting a good quality education in Chennai can be an expensive affair. Credy helps people get loans for their education loan needs and it is hassle-free. You can refinance fee costs you have already borne in which case Credy credits the funds to your account, or Credy can directly pay the educational institute in case of new admission. You can get the loan amount credited as little as 24 hours. Don’t let cost get in the way of quality education.

  3. Home Renovation:
    Population of Chennai has rapidly grown in the last 8-10 years. Real estate is getting expensive thanks to the boom in IT sector growth in the city and subsequent inward migration. But we still want our home to be perfectly designed and decorated. Now you do not need to worry about spending that ₹60,000 extra in getting the best furniture or getting those classy tiles installed in your house. Credy is here to help you in getting the loan required to give the finishing touch to your home. Just apply for the loan via the Credy app or website, and get the most competitive rate you can get from the market, and even get the money credited into your account within 24 hours!

Although these are the top reasons why people take loans, Credy offers loans for many different use cases like debt refinance, education loan expenses, credit card bill payment, buying two wheeler or four wheelers, electronics, travel or any other reason you want the loan for. Since the loan amount is transferred directly to your bank account, you get full flexibility to spend the loan amount anywhere you want.

Chennai has grown to be a very large city geographically, and Credy services loan requests from most of the city. Some of the prominent areas in the city which we are serving are - Tondiarpet West S.O, Ramakrishna Nagar S.O (Chennai), Tidel Park S.O, Tondiarpet West S.O, Shenoy Nagar S.O, Parthasarathy Koil S.O, Park Town H.O, Mylapore H.O, Thygarayanagar H.O, Anna Road H.O, Chennai G.P.O., Kumaran Nagar S.O, Nungambakkam High Road S.O, Teynampet West S.O, Pr. Accountant, General S.O, Lloyds Estate S.O, Gopalapuram S.O (Chennai), Choolaimedu S.O, Tidel Park S.O Rajaji Bhavan S.O, Valmiki Nagar S.O, Ramakrishna Nagar S.O (Chennai), West Mambalam S.O, Virugambakkam S.O, Vadapalani S.O, Saligramam S.O, Saidapet S.O (Chennai), Nandanam S.O, Kodambakkam S.O, Velacheri S.O, Shastri Nagar S.O (Chennai), Rajbhavan S.O (Chennai), Kotturpuram S.O, Kalaignar Karunanidhi Nagar S.O, Jafferkhanpet S.O, Indian Institute Of Technology S.O, Guindy Industrial Estate S.O, Engineering College S.O (Chennai), World University Centre S.O, Egmore ND S.O, Washermanpet East S.O, Tondiarpet West S.O, Rayapuram S.O, High Court Building S.O (Chennai), Fort St George S.O, Vyasar Nagar Colony S.O, Vepery S.O, Venkatesapuram S.O, Shenoy Nagar S.O, Sembiam S.O, Kilpauk Medical College S.O, Icf Colony S.O, Flowers Road S.O, D G Vaishnav College S.O, Aynavaram S.O, Anna Nagar East S.O, Anna Nagar Western Extn S.O, Anna Nagar S.O (Chennai), Kodungaiyur S.O, Injambakkam S.O, St.Thomas Mount H.O, Mugalivakkam S.O, Ram Nagar, Ramapuram S.O (Kanchipuram), Pazhavanthangal S.O, Nilamangai Nagar S.O, Sriramachandra Deemed Uty S.O, Kolathur S.O, Ponniammanmedu S.O, Ambattur H.O, Tiruvottiyur West S.O, Valasaravakkam S.O, Nerkundram S.O, Ambattur Indl Estate S.O, Thiruverkadu S.O, Maduravoyal S.O ,Mogappair West S.O, Korattur RS S.O, Korattur S.O, Kolathur S.O, Villivakkam S.O.

Some of the top places from which we get and service requests are - Velacheri, Tiruvallur, Valmiki Nagar, Chennai G.P.O. and Thiruverkadu .

Chennai Personal Loan Interest Rates

Loan AmountUp to ₹ 1 Lakh
Interest Rate1 to 1.5% of Loan Amount Per Month
Loan Tenor3 to 12 months
Processing Fee3% of Loan Amount (Minimum ₹500)
Early Repayment Fee2% of outstanding loan amount
Late Fee2% of EMI Amount per week

User Journey

Abishak, a 29 years old student, hails from Trichy, Tamil Nadu. Gautam has come to Chennai to pursue higher education at ZICA Institute to make a career in animation. He is staying in Taramani area of Chennai. The annual fees for the course is ₹1,00,000 and paying in one shot to the institute was a hassle. Credy has tied up with Zica institute to provide 0% EMI loans to its students. Abishak turned to Credy for getting an education loan. He applied for the loan amount of ₹80,000 on Feb 15 at around 2 pm. After filling the quick Credy instant loan application, he was given an instant approval for the entire requested loan amount. Abhishak had a thin credit history but good banking record. Once Abhishak provided his bank statement via netbanking login (the recommended fastest way to get a loan from Credy), he was given full approval in real time, and Credy’s agent provided door-step service at his hostel in Taramani. Once the document collection and residence check was done, the money was disbursed directly to Zica institute’s account via IMPS at 12 noon next day! As promised, Abhishak got the funds he was looking for his education, and he was able to join Zica institute to pursue his dream education. We wish him a successful career ahead!

There are thousands of other happy customers like Abishak in Chennai. Get your own story of awesome experience at Credy - apply for a loan now.

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