Avail Best Deals on Personal Loan

Talk to our Relationship Manager @ +91-98789-81166

Facing some difficulty in handling the rising expenses of the family? If yes, you can consider availing personal finance. It is a loan that takes care of the needs of a person without any hassle. These loans do not require any of the assets and require less documentation for its approval.

Personal loan always provides you with better options. It a multi-purpose loan which means it helps you in different circumstances. Maybe it's your marriage, holiday plans or for any investing purpose, personal loan always help you. 

About Personal Loan Varanasi

The Loan amount depends upon the income and repayment capability of the person.

It is a multi-purpose offer that can be used for almost all financial problems of life.

No need to put any property or asset as Collateral to the lender.

No cosigner needed.

The information you must know before applying for the personal loan

  1. Documents
  2. Eligibility
  3. Features & Benefits
  4. Personal Loan Interest Rates

Why one should opt for personal finance in Varanasi?

  1. Low processing charges
  2. Less documentation
  3. Quick and risk-free
  4. No cosigner required
  5. Affordable interest rates
  6. Collateral free Loan
  7. Easily available

Personal Loan Interest Rates

HDFC Bank

State Bank of India

Axis Bank

13%

13.5%

14% - 24%

 

Who are eligible for Personal Loan in Varanasi?

Salaried, self-employed people and self-employed professionals are eligible for availing the personal loan.

Salaried Individuals

  1. Salary: Rs 10,000
  2. Minimum and Maximum Age: 21 and 60 Years.
  3. Work Experience: Overall 3 years and one year experience in the current job.

*A person getting the salary in cash is not eligible for availing Loan at affordable rates.

Self Employed Individuals

  1. Min and Maximum Age: 25 and 65 years.
  2. An Annual ITR of 2.5 to 3 lakh is required.
  3. Residence: Office or Home should be owned.
  4. Business Stability: Your business should be running from last 3 years with continuous profit.
  5. Telephone / Mobile at the office: Mandatory

Some factors you should know which affect personal loan interest rates:

Flexible loan tenures:  The major benefit of flexible loan tenure is that we can change the interest rate according to our suitability.

CIBIL score: There are chances that loan seekers may get a 0.25% reduction in interest rates if their CIBIL score is more than 800.

Reputed firms: if the borrowers work at reputed firms then there are chances that they may obtain a lower interest rate. The reason behind this is that lending institutions perceive such individuals to have a stable career thus making them more likely to make repayments on time.

A good relationship with a bank:  It affects very much to interest rates. Banks provide lower interest rates to loyal customers with whom they have a good relationship.

High salary: Individuals with higher income have most likely chances of repaying the loan. A stable income makes more chances of sanctioning of the loan. Bankers usually reject loan applicants of those persons who do not have a consistent flow of income.

Benefits of a Personal Loan:

ALoan without any security: Banks don’t ask for any security or collateral. So, there is no need for depositing collateral or security.

Simple Documentation: You can get it with minimum documentation with a quick process. Banks need some basic documents of a customer like identity proof, address proof, income proof etc.

The amount can be ranging from Rs. 50,000 to Rs. 20 lakh.

Fast Loan Approval: It is easily sanctioned within 48-72 hours without any hassle. After getting the documents, the loan will get disbursed within 24 hours of verification.

Multipurpose: Personal loan can be used for various purposes i.e. paying bills, holidays, weddings, buying new land etc.

No Third party: It is a relationship between the borrower and the lender. The loan is directly given to the customer without the involvement of the third party.

Most convenient: Online loan portals have made it more hassle-free and easy. You can get the loan amount in your account without stepping out of your home

Documentation for Personal Loan

Salaried Individual Self Employed People
Last 2 month salary slips Last 2 years Balance Sheet
Last 2 year Form 16 Last 2 Years ITR
Latest 6 months bank statement
PAN Card photocopy
Residence & Address Proof
2 passport size photographs

About Varanasi

Varanasi is situated in Uttar Pradesh. It is also known as Benaras and Kashi. Varanasi is also known as "the city of lights". It lies on the banks of the Ganga River. Varanasi is famous as the city of temples, and it is more than 3000 years old.

Other leading personal loan providers in Varanasi (Click to Apply)

  1. HDFC Personal Loan
  2. Citibank Personal Loan
  3. Axis Bank Personal Loan
  4. PNB Personal Loan
  5. SBI Personal Loan
  6. ICICI Bank Personal Loan
  7. Fullerton India Personal Loan

Personal Loan EMI Calculator Personal Loan Interest Rates
Personal Loan EMI Calculator Personal Loan Interest Rates

Disclaimer: The information provided on www.dialabank.com is collected from public sources and is believed to be accurate and genuine. This site should be used as an information provider for different product offerings of Insurance companies and the visitor should make an independent verification with the Insurance companies to verify the claims made in the policy before making any purchase. The decision to Apply and/or Purchase a policy is at the sole and complete discretion of the website visitor and Dialabank.com cannot guarantee or can be held liable for loss or damage caused by claims made by insurance companies through their agents, partners, products or services, directly or indirectly.