Personal Loan Jammu at 10.75% Interest Rate

Major Personal Loan Providers in Jammu

Feature	HDFC Bank	Private Bank	Bajaj Finance
Interest Rate	10.75% - 17%	11.25% - 18.5%	12%
Min Loan Amt	Metro : 75000 & Non Metro: 50000	50000	100000
Max Loan Amt	50 Lacs	50 Lacs	1 Cr
Loan Tenure	1 - 5 Years	1 - 5 Years	1 - 5 Years
Processing Fee	0.25% - 2% of the Loan Amt	1% - 2.5% of the Loan Amt	0.5% - 2% of the Loan Amt
Preclosure Charges	2%, Nil foreclosure charges after 12 months	2%, Nil foreclosure charges after 24 months	Nil
Overdraft Facility	No	No	Yes

Personal Loan Jammu 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

Are you running short on cash? Do not worry Personal Loan is instantly available to cater to your needs. Personal Loan Jammu can get approved within 48 hours after the verification of your documents.

So if you are looking for a small amount in a short term period, consider applying for a Personal Loan with DialaBank. It is an unsecured loan as there is no need to place any asset as collateral or any other form of security. You can utilize the loan to serve a number of purposes like meeting wedding expenses, educational purposes, purchasing a vehicle, paying medical bills, and many more.

Also, there is no restriction on the use of the personal loan amount. You can use this loan amount anywhere, anytime.

Personal Loan Jammu Interest Rates- Apr 20 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

Interest Rate 9.99%

Personal Loan Jammu Fees & Charges – Apr 20 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

Documents Required for Personal Loan in Jammu

List of Documents Required for Salaried Applicants

Salaried individuals must submit the following documents in addition to a completed personal loan application form:

Photo Identity Proof (Any one)	Passport PAN Card Voter’s ID Aadhar Card Driving License
Address Proof (Any one)	Passport Utility Bill (telephone, electricity, water, gas) – less than 2 months old Aadhaar Card Driving License Ration Card
Income Proof	Salary slips (Last 3 months) Bank statements for the last 3 to 6 months (showing salary credit)
Tax Paid (Any one	IT returns (for 2 years) Form 16
Residence Ownership Proof (Any one)	Property documents Maintenance bill Electricity bill
Proof of Job Continuity (Any one)	Current employment certificate 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)	Fixed assets, fixed deposit, shares, etc.
Existing Loans (if any)	Payment Track Record & Sanction letter
Photograph	One coloured passport size photograph

List of Documents Required for Self-employed Applicants

Self-employed personal loan applicants must submit the following documents in addition to a fully completed loan application form:

Photo Identity Proof (Any one)	Passport PAN Card Voter’s ID Aadhaar Card Driving License
Address Proof (Any one)	Passport Aadhaar Card Driving License Utility Bill (telephone, water, electricity, gas) – less than 2 months old Ration Card
Proof of Residence Ownership (Any one)	Property documents Maintenance bill Electricity bill
Proof of Office Address and Ownership (Any one)	Maintenance bill Property documents Electricity bill
Proof of Business Existence (Any one)	Copy of GST registration Company registration license Shop establishment proof
Income Proof	Last 2 years Income tax returns of the applicant along with computation of income duly attested by a Chartered Accountant Audited balance sheet and Profit & Loss accounts, including tax audit report, if applicable
Bank statement	Savings/current account bank statement/ bank passbook for the past one year
Proof of Investment (in case any)	Investments such as fixed deposit, fixed assets, shares, etc.
Existing Loans (in case any)	Payment Track Record and sanction letter
Professional Degree Certificate	In case of professionals
Photograph	One coloured passport size photograph

List of Documents Required for NRI Applicants

When applying for a personal loan, NRI candidates are typically required to submit the following documents:

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

When applying for a personal loan, a pensioner must submit the following documents:

Identity/Age Proof (Any one)	Ration card 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)	Last 6 months’ bank statements/salary slips Bank passbook Form 16 Copy of pension payment order Income tax returns
Photographs	Passport size photographs

Know More About: Personal Loan Eligibility Criteria

PERSONAL LOAN

Interest Rate 9.99%

Eligibility Criteria for Personal Loan Jammu

Personal Loan Eligibility in Jammu varies for salaried and self-employed employed customers in the following manner:

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

Interest Rate 9.99%

Salaried Applicants

Minimum and Maximum Age: 21 and 60 Years.
Three years of work experience with one year of experience in the current job.
Three years of work experience proof is required.
The applicants must have an excellent credit history.
The job location of the applicant should be mentioned along with the application.
A borrower should have a good income.

Self-Employed Applicants

Min and Maximum Age: 25 and 65 years.
An Annual ITR of 2.5 to 3 lakh must be definitely filed.
Residence: Office or Home should be owned.
Your business should be functioning well for the last three years with continuous profit.
Telephone / Mobile at the office: Mandatory

Know more about Personal loan self-employed.

Why Apply for Personal Loan Jammu?

There is no need to deposit any kind of mortgage or collateral to the bank.
A personal loan is a multi-purpose offer loan. It can be used to solve any kind of financial crisis.
The amount of personal loans depends upon the repayment capability of the individual.
A Personal Loan does not need any guarantor or nominee like other loans.

How to apply for Personal Loan Jammu?

Visit www.dialabank.com.
Go to the personal loan section and fill in all the details required.
The applicant will be required to give all details of the personal loan where they can choose their location as well.
For more information and free guidance, you may call on 9878981166 and discuss your queries with our relationship manager and get Instant Personal Loan approval.

PERSONAL LOAN

Interest Rate 9.99%

Processing Fee / Prepayment Charges on Personal Loan Jammu

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

For situations when you wish to foreclose your loan before the agreed loan tenure, every lending institution charges you a penal prepayment fee as well. You usually cannot close your loan before 12 months. Post those 12 months; the charges vary depending on how many years the loan has tenure. These charges alter from 4% of the outstanding loan amount in the 2nd year of the loan to 2% in the 4th year of the loan.

Personal Loan Jammu EMI Calculator

Equated Monthly Installments, also known as EMI, are the monthly fixed charges that you pay to the bank as monthly repayment for the personal loan amount borrowed in Jammu. You can check the Personal loan EMI Calculator available on our website for no charges at all. Based on your income and profile, the interest rate on your loan is decided. Your EMI is then calculated based on the Interest Rate you are charged by the bank and the amount of loan you require, and the period for which you enjoy the loan.

CIBIL Score required for Personal Loan Jammu

Every lending institution has its own CIBIL criteria for the minimum CIBIL score required for processing a Personal Loan application in Jammu. Mostly a minimum score of 750 is required to process your loan application.

They just don’t check the overall score but also minute details on your history of payments made regarding the loan.

PERSONAL LOAN

Interest Rate 9.99%

Personal Loan Jammu Agents

Dialabank is the leading agent for availing Personal Loan in Jammu. You can apply online or give a call at 9878981166 to ask any queries to the relationship managers.

Dialabank helps you to find the best option among several Banks and NBFCs by giving you a detailed market comparison of different banks. Visit our website and fill a simple form with your personal and employment details so that our customer relationship managers can get in touch with you.

Personal Loan Jammu Contact Number

Call 9878981166 and get instant help and approval for Personal Loan in Jammu from our experts.

Pre Calculated EMI Table for Personal Loan Jammu

Rate	5 Yrs	4 Yrs	3 Yrs
10.50%	2149	2560	3250
11.00%	2174	2584	3273
11.50%	2199	2608	3297
12.00%	2224	2633	3321
12.50%	2249	2658	3345
13.00%	2275	2682	3369
13.50%	2300	2707	3393
14.00%	2326	2732	3417
14.50%	2352	2757	3442
15.00%	2378	2783	3466

About Jammu

Jammu also referred to as Duggardesh, is one of the three administrative divisions within the state of Jammu and Kashmir, i.e. the northernmost state, in India. Officially, it is known as Jammu-Tawi and is the largest city in Jammu and also the winter capital of Jammu and Kashmir.

FAQs About Personal Loan Jammu

✅ Who can apply for a Personal Loan in Jammu?

People who have an urgent need for cash and also have a regular, rigid source of income (from employment or business) can apply for a Personal Loan in Jammu.

✅ What is the tenure of Personal Loan in Jammu?

Most of the Banks and NBFCs provide a Personal Loan in Jammu for a min period of 1 Yr and a Max period of 5 Years. There are some which extend the maximum period to 7 Years also under critical situations. The repayment has to be done in equal monthly instalments within the agreed tenure of the personal loan depending upon the interest rate.

✅ Are there any other charges involved in Personal Loan Jammu?

Yes, there are two types of charges that one needs to pay after one avails a personal loan in Jammu:

Processing Fee: From every bank or lending institution that you borrow from, there is a small fee that they charge from the customer as a means of processing your application, known as Processing Fee. The amount of processing fee varies for each lending institution and is 1% of the loan amount and the interest rate.

Pre-closure Charges: Whenever you want to close an operating loan before its agreed tenure period, the Banks and NBFCs charge an extra amount, also known as penal fee as pre-closure charges on the borrowed loan amount, which stands different for all banks as it depends upon your loan amount and tenure left.

✅ Can my application for Personal Loan Jammu get rejected due to my CIBIL score?

Since a Personal Loan is an unsecured loan, one of the most important criteria for getting your Personal Loan application in Jammu approved is your CIBIL Score. Having a High CIBIL score becomes very important if you wish to avail of a Personal Loan in Jammu in the future. Just don’t skip your payments, and you can enjoy easy loan disbursals.