Are you searching a source of finance through which you can satisfy your personal needs? Then, you can consider applying for a Personal Loan. It is a loan that does not require any assets to pledge as collateral with the lender. One can make use of this loan to serve a number of purposes pertaining to personal ends.

Why should one choose Personal Loan in Bhiwani?

  1. The Loan amount depends upon the income and repayment capability of the person.
  2. There is no need to put any precious asset as collateral to the lender to avail money.
  3. It involves simple procedures and fast approvals.
  4. It is a multi-purpose offer that can be used for almost all financial problems of life.

Click here to know more about- EMI Calculator

Personal Loan Eligibility Criteria Bhiwani

Eligibility for Loan depends upon several factors such as your credit score, monthly income, and several other ongoing EMIs, etc. There are two categories of applicants:

  1. Salaried

  2. Self-employed       

There are various eligibility criteria for both applicants.

Salaried Applicant:-

  1. The minimum age of an applicant should be 21 years and maximum up to 60 years.

  2. An applicant from the metropolitan city should have a minimum income of Rs 18,000. And for the non-metropolitan city, the minimum salary should be Rs 12,000.

  3. The applicant must have three years of work experience, and the salary should be received in their account only.

  4. An applicant applying for the Personal Loan must have a good credit history.

  5. An applicant has to submit his bank statement of last three months and salary slip of the last 6 months.

Click here to know more about- Salaried Applicant

  Self-employed Applicant:-

  1. The age of the applicant is 25 years.
  2. The applicant applying for a Personal Loan should file ITR for the last three years.
  3. A credit score of the applicant must be 650 or above.
  4. The minimum amount should be of Rs 2.5 lakhs per annum at least.
  5. If the applicant is a businessman, than his business should be running at least from last three years.
  6. The whole documentation process is straightforward; the applicant has to submit his financials and his bank statement of the previous three months.

Click here to know more - Self-employed Applicant

Personal Loan Bhiwani Documents

  1. Identity proof: One should have these following documents with him(Passport/Id card/voter card/driving license/Aadhar Card) any one of them will work.
  2. Residence proof: The documents needed as proof of residence are:  (Passport/Id card/voter card/driving license/Ration Card/Aadhar Card).  And if the applicant is living in a rented apartment, then he has to submit, electricity bill on his name and the address of the owner and his rental agreement.
  3.  Under, KYC formality: The applicant has to provide his PAN card.
  4. Salaried applicant: The applicant has to submit his bank statements of the last six months and the salary slip of the previous three months.
  5. Self-employed: The person applying for a personal loan should file ITR for the last three years, and the business should be registered.
  6. Colored photograph: applicant must have two passport size photograph

Personal Loan Bhiwani Interest Rates

The interest rates in Personal Loan depends upon the company’s profile and salary of a person. The interest rate of personal Loan starts from 10.75% per year.

More About: Interest Rates on Personal Loan

Personal Loan Bhiwani Tenure

The tenure of the Personal Loan is from 1 year to 5 years.

Why your decision of choosing Dialabank is the right decision?

  1. We do not charge any extra fees from our customers.
  2. We are always ready to help our applicants and are available 24\7.
  3. The approval process is time-saving if you apply through dialabank.
  4. The Loan get disbursed within 24 hours.
  5. Our experts will assist you, and our relationship managers will provide guidance.

How to apply Personal Loan Bhiwnai Online ?

  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 details of the personal Loan where they can choose their preferred city.
  4. For more information and free guidance, you may call on 9878981166.

About Bhiwani

Bhiwani is a city and a municipal council in the Bhiwani district in the Indian state of Haryana. This city is also termed as “ Choti Kashi “ and city of temples. This city was founded by a Rajput named Neem after his wife Bhani. The name Bhani later changed to Bhiyani and subsequently to Bhiwani. The city finds mention in Ain-e-Akbari and has been a prominent center of commerce since the time of Mughals.

Personal Loan Interest Rates: Updated

Bank

Interest Rates

HDFC Bank

10.99% to 18%

ICICI Bank

13.99% to 18%

Fullerton India

17.25% to 32%

Bajaj Finserv

13.99% to 16.75%

Axis Bank

15.50% to 24%

Standard Chartered Bank

15.75% to 22%

Kotak Mahindra Bank

13.75% to 19%

Andhra Bank

13.50% to 22%

Bank of Baroda

13.50% to 19%

Vijaya Bank

13.75% to 22%

Corporation Bank

14.50% to 20%