Best Banks for Personal Loan in Thrissur
1% - 2.5% of the Loan Amt
Personal Loan in Thrissur Features
|
Personal Loan Details
|
|
| Interest Rate |
10.75% to 24% p.a.
|
| Processing Fees | 0.5-2.5% |
| Loan Tenure |
1 year to 5 years
|
| Pre-closure Charges | 2% - 5% |
| Guarantor Requirement |
No guarantor required
|
A Personal Loan is the only type of loan which is not secured 
by collateral. The credit grade, loan amount, and length of time are the key features to decide on the interest rate. There can be either a salaried person, Self-employed person, or Self– employed to apply for Personal loan Thrissur.
Below are the key points to know before applying for personal loans in Thrissur.
- Minimum Documentation is required.
- Competitive Rate of Interest.
- It Completes Immediate need for financial help.
PERSONAL LOAN
Interest Rate 9.99%
Personal Loan in Thrissur Interest Rates and Charges – Apr 16 2024
| Name of the Bank | Interest Rate Range | Processing Fee Range | Loan Amount | Tenure |
| Private Bank | 11.59% - 18.49% (Fixed) | 2.25% (min. Rs.1149) One time fee | Rs.20 lakh (Max) | 1-5 Years |
| CitiBank | 10.99% - 15.99% (Fixed) | 1% to 2.5% | Rs.30 lakh (Max) | 1-5 Years |
| Kotak Mahindra Bank | 10.99% to 24% p.a. | Up to 2.5% of the loan amount along with GST or service tax | Rs.50,000 to Rs.15 lakh | 1 to 5 Years |
| Fullerton India | 11.99% to 23.99 p.a. | Information not provided. | Up to Rs.20 lakh for salaried and up to Rs.30 lakh for self-employed individuals | 1 to 4 Years |
| Bank of Baroda | 11.35% - 14.35%Fixed | Rs.1,000 to Rs.10,000 (One time fee) | Rs.20,000 - Rs.2 lakh | 4 Years (Max) |
| State Bank of India | 12.90% - 14.90% (Fixed) | 1% (One time fee) | Rs.24,000 - 15 lakh | 5 Years |
| Aditya Birla | 11.5% - 13.25% (Fixed) | Nil | Rs.30 lakh (Max) | 1-5 Years |
| Allahabad Bank | Information not provided | 1.06% of loan amount | Information not provided. | 1 to 5 Years |
| Yes Bank | 14% p.a. | Up to 2% (One-time fee) | Rs.2 lakh to Rs.20 lakh | 1 to 5 Years |
| Corporation Bank | 12.75% to 13.75% p.a. | Up to 1.5% Minimum amount of Rs.500 | Up to Rs.3.50 lakh | Up to 5 Years |
Personal Loan Thrissur Fees & Charges – Apr 16 2024
| Bank | Processing Fee |
Prepayment Charges
|
| HDFC Bank Personal Loan | 0.25% to 1.50% |
2%, Nil foreclosure charges after 3 months
|
| Axis Bank Personal Loan | 0.50% to 1.50% | Nil |
| Private Bank Personal Loan | 0.25% to 1.50% |
2%, Nil foreclosure charges after 9 months
|
| SBI Personal Loan | 500/- to 0.50% | Nil |
| Kotak Personal Loan | 1% to 2% |
2.25% of fore closure amount if closed 1 month ahead of the tenure.
|
| IIFL Personal Loan | Nil | Nil |
| Muthoot Personal Loan | Nil | Nil |
| Manappauram Personal Loan | Nil | Nil |
| PNB Personal Loan | 0.70% to 1% | Nil |
| Canara Bank Personal Loan | 0.01 | Nil |
| Andhra Bank Personal Loan | Nil | Nil |
To check Personal Loan Interest Rate for all major banks you can visit: Personal Loan Interest Rates
PERSONAL LOAN
Interest Rate 9.99%
Documents Required for Personal Loan in Thrissur
Salaried individuals must submit the following documents in addition to a completed personal loan application form: Self-employed personal loan applicants must submit the following documents in addition to a fully completed loan application form: When applying for a personal loan, NRI candidates are typically required to submit the following documents: When applying for a personal loan, a pensioner must submit the following documents: Know More About: Personal Loan Eligibility CriteriaList of Documents Required for Salaried Applicants
Photo Identity Proof (Any one)
Passport
PAN Card
Voter’s ID
Aadhar Card
Driving License
Address Proof (Any one)
Utility Bill (telephone, electricity, water, gas) – less than 2 months old
Aadhaar Card
Driving License
Ration Card
Income Proof
Bank statements for the last 3 to 6 months (showing salary credit)
Tax Paid (Any one
Form 16
Residence Ownership Proof (Any one)
Maintenance bill
Electricity bill
Proof of Job Continuity (Any one)
Current job appointment letter (if more than 2 years have been spent in the same organisation)
Experience certificate (previous employer’s relieving or appointment letter along with job certificate)
Proof of Investment (if any)
Existing Loans (if any)
Photograph
List of Documents Required for Self-employed Applicants
Photo Identity Proof (Any one)
Passport
PAN Card
Voter’s ID
Aadhaar Card
Driving License
Address Proof (Any one)
Aadhaar Card
Driving License
Utility Bill (telephone, water, electricity, gas) – less than 2 months old
Ration Card
Proof of Residence Ownership (Any one)
Maintenance bill
Electricity bill
Proof of Office Address and Ownership (Any one)
Property documents
Electricity bill
Proof of Business Existence (Any one)
Company registration license
Shop establishment proof
Income Proof
Audited balance sheet and Profit & Loss accounts, including tax audit report, if applicable
Bank statement
Proof of Investment (in case any)
Existing Loans (in case any)
Professional Degree Certificate
Photograph
List of Documents Required for NRI Applicants
Identity Proof
Copy of the passport
Copy of the visa
Employment Proof
Letter of Appointment
Job contract
Labour/ Identity card (if applicable)
Official email ID or the HR’s email ID
Income Proof
Last 6 months’ bank statements
Last 6 months’ salary slips or salary certificate
Photograph
Passport size photographs
List of Documents Required for Pensioners
Identity/Age Proof (Any one)
Passport
PAN card
Aadhar card
Voter ID card
Driving licence
Birth certificate
School leaving certificate
Address Proof (Any one)
Passport
Aadhaar card
Utility bills
Ration card
Driving licence
Income Proof (Any one)
Bank passbook
Form 16
Copy of pension payment order
Income tax returns
Photographs
Personal Loan Thrissur Eligibility Criteria
| Particulars | Salaried | Self-Employed |
| Age | 21 - 60 years | 21 - 65 years |
| Minimum Income | Rs.15,000* | Rs.5 Lakh p.a. |
| Co-applicant | Not mandatory | Not mandatory |
| Loan Tenure | 12 – 60 months | 12 – 60 months |
| Maximum Loan Amount | Rs.40 Lakh | Rs.40 Lakh |
| Employment Type | Employees of private limited companies and public sector undertakings |
Self-employed individuals
|
| Employment/Business Continuity | At least 2 years; minimum 1 year with current employer |
4 years Post Qualification experience for Doctors/ Chartered Accountants.
5 years Post Qualification experience for Company Secretary / Architect. |
| CIBIL Score | 750 and above | 750 and above |
| Residential Status |
Resident Indian staying in own house or a rented house
|
|
*In cities such as Kochi, Kolkata, Ahmedabad, Pune, Hyderabad, Mumbai, Chennai, Bengaluru, and Delhi the net monthly income required is Rs.20,000
Click here to know more about - Salaried Applicant
Click here to know more about - Self-employed Applicant
*Note: The eligibility criteria vary from lender to lender.
Check Personal Loan Eligibility with Top Lenders in 2021
| Bank | Age Limit | Minimum Work Experience |
Minimum Income (Per Month)
|
| SBI | Up to 76 years | NA** | Rs.15,000 |
| HDFC | 21 to 60 years | 2 years | Rs. 20,000 |
| Private | 23 to 58 years | 2 to 5 years | Rs.17,500 |
| Axis | 21 to 60 years | NA** | Rs.15,000 |
| Kotak Mahindra | 22 to 55 years | 1 year | Rs.25,000 |
| Tata Capital | 21 to 58 years | 1 year | Rs.15,000 |
| IndusInd | 21 to 60 years | 2 to 5 years | Rs.25,000 |
| Ujjivan Small Finance | 22 to 58 years | NA** |
Above the minimum wage limit
|
| India Infoline Finance Limited | 25 to 60 years | 6 months to 2 years | Rs.35,000 |
| HDBFS | 21 to 65 years | 1 year to 3 years |
Rs.15,000 for salaried
Rs.1 lakh p.a. for self-employed |
| Indian Overseas Bank | Up to 58 years | NA* | Rs.5,000 |
| IDFC First Bank | 23 to 68 years | 3 years | NA* |
| Federal Bank | 21 - 55 Years | 3 years | Rs.25,000 |
| Punjab National Bank | 21 – 58 years | 2 years for doctors | Rs.15,000 |
| Andhra Bank | 21 - 55 years | NA** | NA* |
| Canara Bank | NA** | NA** |
Salaried: Rs.6,000 & above
Self-employed - Rs. 1.5 lakh |
| IDBI Bank | Up to 75 years for Pensioners | NA** | Rs.1.5 lakh p.a. |
| Fullerton India | 21 to 55 years | 1 to 2 years | Rs.15,000 |
| RBL Bank | 25 to 60 years | 1 to 3 years | Rs.25,000 |
| Bank of Baroda | 21 to 60 years | 1 year to 2 years |
60% of gross monthly income
|
| Deutsche Bank | 25 to 60 years | NA** | Rs.25,000 |
| Karnataka Bank | NA** | 3 years | NA* |
| United Bank of India | up to 75 Years | 2 years | NA* |
| UCO Bank | 21 to 65 years | 1 year to 5 years | Rs.20,000 |
*Personal loan disbursal is solely at the bank’s discretion and as per the bank’s terms and conditions
Learn More about Personal Loan: Click Here
Personal Loan Eligibility criteria for both Salaried and Self-Employed are different:
Salaried Applicants
- The minimum age of the applicant should be 21 years and a maximum of up to 60 years.
- If the borrower should have a salary of minimum Rs.25,000 per month
- Work Experience of 3 years tares required.
- The person must have a good CIBIL score to apply for a loan, i.e., at least 700+.
To know more about: Personal Loan for Salaried Applicant.
Self-Employed Applicants
- The self-employed person’s age should be minimum of 25 years, and it helps to expedite the loan process.
- The applicant should file ITR at least for the last three years.
- The CIBIL of the applicant should be good, and no debt should be left due.
- The ITR(Income tax return) in which the applicant files should be Rs 2.5 lakhs per annum at least.
- And the applicant is a businessman than his business should be running for the last three years.
- The age of the applicant should be 25 years.
To know more about: Personal Loan for Self-employed Applicant.
To know more about eligibility, click here: Personal Loan Eligibility.
PERSONAL LOAN
Interest Rate 9.99%
Why Apply for Personal Loan in Thrissur?
- The Loan amount depends upon the income and repayment capability of the applicant.
- Personal Loan Thrissur is a multi-purpose offer that can be used for almost all financial problems.
- No need to put any property or asset as security to the lender.
- No cosigner needed for Personal Loan Thrissur.
- A personal loan does not require any guarantor or nominee.
How to apply for Personal Loan in Thrissur?
To apply for an Instant Personal Loan Thrissur, Applicants don’t need to visit the bank’s branch as applicants can apply for it online at DialaBank.com. The process is very easy & handy. This involves only a few steps:
- Click here and fill the form.
- The relationship Manager Will Call the applicant in the Next 2 Working Hours.
- Compare personal loan offers from several banks and NBFCs on the DialaBank website.
- Check the eligibility and View the best offers available.
- Select the desired bank or keep in contact with the Relationship Manager of DialaBank for more assistance.
- After selecting the bank, fill out a form to process the loan application.
- Upload all the documents or schedule document pickup from home or office.
- After your documents are verified, the bank’s executive will give the applicant a verification call.
- The amount will get disbursed to the applicant’s account within 3-5 working days if the loan gets approved.
PERSONAL LOAN
Interest Rate 9.99%
Processing Fee / Prepayment Charges on Personal Loan Thrissur
Every Bank and NBFC charges two kinds of fees from its customers. The first is a fee for processing your Personal Loan 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 4th year of the loan.
Personal Loan Thrissur EMI Calculator
The Personal Loan EMI Calculator can be used to know your EMI value on your loan amount. Equated Monthly Installments also know as EMI are the monthly charges that you pay to the bank as monthly repayment for the loan amount borrowed. Based on your profile, income, loan amount, and tenure, the interest rate on your loan is determined. Your EMI is calculated basis the Interest Rate you are charged by the bank which is required to be paid every month.
PERSONAL LOAN
Interest Rate 9.99%
CIBIL Score required for Personal Loan Thrissur
Every lending institution has its own criteria for the minimum CIBIL score required for processing a Personal Loan application in Thrissur.
- A good CIBIL score is a must.
- Many factors influence the Personal Loan process.
- The Institutions go through a detailed analysis of the Loan Repayment of your past Loans.
Personal Loan in Thrissur Agent and Contact Number
DialaBank is the best agent present everywhere to help you regarding Personal Loan Thrissur. A dedicated Relationship Manager is present to help you go through the process and help you avail the loan in less time and fulfill your urgent need of money. You can apply online at www.dialabank.com or give a call at 9878981166.
Call 9878981166 and get instant help and approval for Instant Personal Loan in Thrissur.
PERSONAL LOAN
Interest Rate 9.99%
Personal Loan Thrissur Contact Number
Call 9878981166 and get instant help and approval for Personal Loan in Thrissur.
Pre Calculated EMI Table for Personal Loan Thrissur
PERSONAL LOAN
Interest Rate 9.99%
About Thrissur
Thrissur/Trichur is the 20th largest city in India; it is also known as Thiru Siva Peroor and is the cultural capital of Kerala. It is located 300km towards the north-west of the state capital Thiruvananthapuram. Historically Thrissur has been a center of Hindu scholarship. Thrissur is the major commercial and financial hub of Kerala.
Other Cities for Personal Loan in Kerela
| Personal Loan Triprayar | Personal Loan Vadakara |
| Personal Loan Vadakkancheri | Personal Loan Vatanappally |
| Personal Loan Wadakkanchery |
PERSONAL LOAN
Interest Rate 9.99%
FAQs on Personal Loan Thrissur
✅ Are there any foreclosure and part-payment charges for Personal Loan in Thrissur?
Yes, banks levy foreclosure and part-payment charges in Thrissur.
✅ How do I apply for a salaried Personal Loan in Thrissur?
You can apply for a salaried Personal Loan in Thrissur with the best agent – Dialabank. You can apply online at www.dialabank.com or give a call at 9878981166 for a hassle-free and a convenient experience.
✅ How do I repay my Personal Loan?
You can repay your Personal Loan via EMIs (Equated Monthly Installements) via post-dated cheques and ECS facility.
