Personal Loan Sonipat

Best Banks for Personal Loan in Sonipat

Personal Loan in Sonipat Features

Clear Debt with low-interest rates? Do not worry. Personal Loan is available for you. This loan is unsecured in nature with minimal documentation and less paperwork. This loan can get approved within 48 hours after the verification process.

A personal loan is the funds that a bank provides to the customers for their personal usages. The money of these loans cannot be used for business or commercial purposes. Personal Loan Sonipat is unsecured that means no securities have to be submitted to the banks and NBFCs.The amount of lent money is totally dependent on the customer’s income.

Personal Loan in Sonipat Interest Rates and Charges

To check Personal Loan Interest Rate for all major banks you can visit: Personal Loan Interest Rates

Personal Loan in Sonipat Documents Required

Salaried Customers:

1. Identity proof (Aadhar card/driving license)
2. Salary slips of last three months
3. Bank statements for the last 6 months
4. PAN Card
5. Residence Proof (Owned/Rented/Company provided)
6. Passport-sized photographs – 2

*NOTE: In case of rented apartments, rent agreement needs to be attached.

Self-Employed Customers:

1. All financials are required (Balance Sheet, P&L Statement as well as ITR files)
2. PAN Card
3. Aadhar Card
4. Residence Proof
5. Two passport-sized photographs

Personal Loan in Sonipat Eligibility Criteria

The personal loan eligibility criteria for both Salaried and Self-Employed are different:

Salaried Applicants

1. The individual’s minimum age requirements should be 21 years and a maximum of up to 60 years.
2. The applicants must have the work experience of the three years. And the salary should be received in their accounts only.
3. The applicants must have an excellent credit history.
4. The job location of the applicant should be mentioned.
5.  A borrower should have a minimum income of INR 25,000 per month

Click here to know more about- Salaried Applicant

Self-Employed Applicants

1. The minimum age requirement for an independent person should be 25 years.
2. The applicants applying for the personal loan should file ITR for the last three years.
3. If the applicants are the businessman, then the business should be running from the past three years.
4. The individual applicants’ credit score should be good .there should not be any debt or dues left.
5. The annual income of the applicants should be a minimum of Rs 2.5 lakh.
6. The whole documentation process of the personal loan is the applicants have to submit his financial and bank statements of the previous three months.

Click here to know more – Self-employed Applicant

Why Apply for Personal Loan Sonipat?

1. There is no need to deposit any mortgage and collateral security to the bank.
2. A personal loan is a multi-purpose offer loan. It can be used for all the problems related to finance.
3. The amount of personal loan depends upon the repayment of individual income and capacity.
4. A Personal Loan does not require any guarantor or nominee.

How to apply for Personal Loan Sonipat?

1. Visit www.dialabank.com.
2. Go to the loan section and click on the personal loan link.
3. The applicant will be directed to all personal loan details where they can choose their preferred city.
4. For more information and free guidance, you may call on 9878981166.

Processing Fee / Prepayment Charges on Personal Loan Sonipat

Every Bank and NBFC charges a fee for processing your Personal Loan Sonipat application. These charges are 1% of the loan amount.

In case you wish to foreclose your loan before the agreed loan tenure, every lending institution charges you a penal prepayment fee. In most cases, you cannot close your loan before 12 months. Post that the charges vary depending on how many years the loan has done. These charges vary from 4% of the outstanding loan amount in the 2nd year to 2% in the loan’s 4th year.

Personal Loan Sonipat EMI Calculator

You can use personal loan EMI calculator to calculate your EMIs. Equated Monthly Installments, also known as EMI are the monthly fixed charges you pay to the bank as monthly repayment for the loan amount borrowed.  Based on your profile, the interest rate on your loan is determined. Your EMI is calculated basis the Interest Rate you are charged by the bank and the amount of loan you have to take and the period for which you enjoy the loan.

CIBIL Score required for Personal Loan Sonipat

Every lending institution has its own criteria for the minimum CIBIL score required for processing a Personal Loan Sonipat application. Most institutions require a minimum score of 750 to process your loan application.

The institutions don’t just look at the overall score and the detailed behaviour on the previous loans taken. This includes details on the type of loan taken and the amount borrowed. Any delayed payments for previous loans can act as a barrier to your availing a fresh loan.

Personal Loan Sonipat Agent and Contact Number

Dialabank is the leading agent for availing Personal Loan in Sonipat. You can apply online at www.dialabank.com or give a call at 9878981166.

Dialabank helps you find the best option of Banks and NBFCs by providing you with a detailed market comparison of different banks to make the right choice. Visit our website www.dialabank.com and fill a simple form with your personal and employment details. Our customer relationship managers will soon get in touch with you.

Call 9878981166 and get instant help and approval for Personal Loan in Sonipat.

Pre Calculated EMI Table for Personal Loan Sonipat

About Sonipat

Sonipat is a town in Haryana and comes under the National Capital Region. This city was founded by Swarnaprastha one of the Pandav brothers during the time of Mahabharata. This city was engraved out of Rohtak on December 22, 1972. The city has accommodated a population of 4,58,149 (2011 Census). The people here are involved in the agricultural industries. The people in Sonipat totally rely on personal loans for personal usages, especially those requiring huge amounts. The banks are also very keen to lend money to people to better their lives.

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