Andhra Pragathi Grameena Bank Personal Loan

Andhra Pragathi Grameena Bank Personal Loan Key Features Apr 23 2024

Eligibility Criteria	Details
Age	18 – 70 yrs(at loan maturity)
CIBIL	750 and above
Andhra Pragathi Grameena Bank Personal Loan Interest Rate	9.99% per annum
Lowest EMI per lakh	NIL
Tenure	12 to 60 months
Andhra Pragathi Grameena Bank Personal Loan Processing Fee	1% to 2%
Prepayment Charges	NIL
Part Payment Charges	As per the bank’s discretion
Minimum Loan Amount	Rs. 50,000
Maximum Loan Amount	Rs. 50 lakh

 

Andhra Pragathi Grameena Bank Personal Loan Eligibility Criteria

Personal Loan Eligibility criteria :

CIBIL score	750 and above
Age	18 – 70 yrs (at loan maturity)
Min Income	Rs. 18,000
Occupation	Salaried/Self-Employed

Andhra Pragathi Grameena Bank Personal Loan Interest Rate and Charges

Andhra Pragathi Grameena Bank Personal Loan  Interest Rate	9.99% per annum
Andhra Pragathi Grameena Bank Personal Loan Processing Charges	1% to 2%
Prepayment Charges	NIL
Stamp Duty	NIL
Cheque Bounce Charges	NIL
Penal Interest	NIL
Floating Rate of Interest	NIL

Andhra Pragathi Grameena Bank Personal Loan Documents Required

Form	Duly filled application form
Proof of Identity	Copy of: > Passport > Driving License > Aadhaar Card > Voter ID Card
Proof of Address	Rent Agreement (Min. 1 year of stay) Utility Bills Passport (Proof of permanent residence) Ration card
Proof of Income	> ITR: Last two Assessment years > Salary Slip: Last 6 months > Bank Statement: Last 3 months

Andhra Pragathi Grameena Bank Personal Loan EMI Calculator

EMI Calculator

Andhra Pragathi Grameena Bank Personal Loan Compared to Other Banks

Particulars	Andhra Pragathi Grameena Bank	HDFC Bank	Bajaj Finserv	Axis Bank	Citibank	Private Bank
Interest Rate	9.99%	11.25% to 21.50%	Starting from 12.99%	15.75% to 24%	Starting from 10.99%	11.50% to 19.25%
Tenure	12 to 60 months	12 to 60 months	12 to 60 months	12 to 60 months	12 to 60 months	12 to 60 months
Loan amount	Up to Rs. 50 lakh	Up to Rs. 40 lakh	Up to Rs. 25 lakh	Rs. 50,000 to Rs. 15 lakh	Up to Rs. 30 lakh	Upto Rs. 20 lakh
Processing Fee	0.50% +GST	Up to 2.50% of the loan amount	Up to 3.99% of the loan amount	Up to 2% of the loan amount	Up to 3% of the loan amount	Up to 2.25% of the loan amount

Other Loan Products from Andhra Pragathi Grameena Bank

Gold Loan	Car Loan	Home Loan	Business Loan
TWL	LAP	Credit Card	Education Loan

Why should you apply for Andhra Pragathi Grameena Bank Personal Loan with Dialabank?

Dialabank provides the best and fast services. If you apply for Andhra Pragathi Grameena Bank through Dialabank, you will get your loan approval faster. Dialabank is India’s first financial helpline. Dialabank’s agents will guide you in a detailed manner about the personal loan.

How to Calculate EMIs for Andhra Pragathi Grameena Bank  Personal Loan

The information is required to calculate your Andhra Pragathi Grameena Bank Personal Loan EMI:

1. Loan Amount 
2. Rate of Interest
3. Loan Tenure

Andhra Pragathi Grameena Bank Personal Loan Processing Time

For Andhra Pragathi Grameena Bank Personal Loan, the processing time refers to the time that the bank takes for your loan application procedure. The processing time is around 2 days.

Andhra Pragathi Grameena Bank Personal Loan Preclosure charges

Preclosure means you have paid your loan amount before time. It helps you in lowering your interest rate.

Andhra Pragathi Grameena Bank Overdraft Facility

An individual overdraft is a credit office that licenses you to pull out an all-out as and when required. You can in like manner reimburse the got out totally at whatever point the condition is ideal. From this time forward, it is potentially the most favoured credit choices that benefitted to meet changing individual supporting necessities unbounded.

Apply for an overdraft office as an Andhra Pragathi Grameena Bank for an unforeseen new development. The flexible improvement office has all the monstrous highlights of a slight overdraft credit.

Pre Calculated EMI for Personal Loan

Loan Amount	Interest
Rs. 15,00,000	Rs. 14.120 per month
Rs. 30,00,000	Rs. 28,240 per month

Different Personal Loan offers by Andhra Pragathi Grameena Bank

Andhra Pragathi Grameena Home Loan     

• Andhra Pragathi Grameena Bank provides the home loan.
• Repayment of the principal amount: Rs. 1,50,000
• Repayment of the interest rate: Rs. 2 lakh maximum

Andhra Pragathi Grameena Bank Personal Loan for Government Employees

• This bank provides a personal loan to Government Employees.
• The loan amount depends on the company in which you are working.

Andhra Pragathi Grameena Bank Education Loan

• This bank provides a personal loan for education.
• The interest rate on education loans: Up to 14%.
• Loan tenure: 5 to 7 years.

Andhra Pragathi Grameena Bank Personal Loan for Car

• Andhra Pragathi Grameena Bank offers a personal loan for a car at the interest rate of 9.98%.
• Loan Tenure: Maximum 84 EMIs

Andhra Pragathi Grameena Bank  Personal Loan Balance Transfer

 Balance Transfer is the transferring of the loan amount from one institution to another. Balance transfer lowers the interest rate.

Andhra Pragathi Grameena Bank Personal Loan Top Up

 Top Up Loan means the additional amount is given to you or added to your existing loan amount.

Andhra Pragathi Grameena Bank Personal Loan Status

Andhra Pragathi Grameena Bank Personal Loan Status can be checked by visiting the website of this bank.

Types of Andhra Pragathi Grameena Bank Personal Loan

Home Renovation Loan

Andhra Pragathi Grameena Bank provides a home improvement loan to individuals who wish to renovate their homes. This personal loan can finance essential repairs or enable the applicant to obtain new home fittings, fixtures and furniture. Some of the main features of Andhra Pragathi Grameena Bank Home Renovation Loan are:

• Andhra Pragathi Grameena Bank’s Home Renovation Loan interest rate starts at as low as 11.25 per cent.
• Individuals may be eligible for a loan of up to Rs. 20 Lakh to renovate their house.
• A home renovation loan from Andhra Pragathi Grameena Bank needs minimal paperwork to free up the entire loan process.
• Usually, the loan amount will be credited to the account within 72 hours after the bank accepts your applications.

Holiday loan

Andhra Pragathi Grameena Bank’s Holiday Loan will help you plan your dream vacation with minimal difficulty. This personal loan from Andhra Pragathi Grameena Bank will finance a variety of holiday-related expenses, including the booking of flight tickets, hotel accommodation, guided tours, etc. The main features of the Andhra Pragathi Grameena Bank’s Holiday Loan are:

• Holiday Loans Interest Rates start at 11.25 per cent p.a.
• You can comfortably use up to Rs 20 Lakh so that your dream holiday won’t be ruined due to a financial crunch.
• Simplified and Minimal paperwork ensures that your vacation funding is quick and convenient.
• Fast processing and disbursement of the loan directly credited to your account

Fresher funding

The majority of unsecured personal loans are intended for individuals with regular income, while Andhra Pragathi Grameena Bank’s Fresher Funding is different. Andhra Pragathi Grameena Bank’s loan option is designed to support refreshers, i.e. recent graduates looking for their first job. Some of the main features of Andhra Pragathi Grameena Bank Fresher Personal Loan Funding are as follows:

• Loan up to Rs 1.5 lakh
• Applicant must be at least 21 years of age
• The interest rate for Fresher Funding depends on the profile of the applicant, the credit history/score, the age and position of the applicant.

NRI Personal Loan

Understanding the needs and aspirations of NRIs, Andhra Pragathi Grameena Bank is providing a personal loan directly to NRIs. The primary loan applicant must be an Indian citizen, and the NRI co-applicant must be a close relative. Personal Loan for NRIs contains the following features:

• Andhra Pragathi Grameena Bank provides NRIs personal loans of up to Rs. 10 lakh with flexible end-use.
• Interest rates for NRI Personal Loan start at 15.49% p.a.
• The length of the loan is up to 36 months.

How to Apply for Andhra Pragathi Grameena Bank Personal Loan?

Avail of a personal loan by following the given steps:

1. Visit Dialabank and fill the application form.
2. Our representative will call you.
3. Our experts will guide you through the entire process and tell you the details of the loan.

The following are the main steps of the personal loan verification process following the online submission of your loan application to Dialabank.

Step 1. Dialabank will forward your loan application to your preferred lender, and you will usually receive a call from the lender’s representative within 48 hours.

Step 2. The prospective lender may arrange the compilation of your KYC records, wages, etc. or have an opportunity to upload them online. These records will be used to validate your submission.

Step 3. If the lender’s verification has been completed and your loan has been accepted, you will receive another call to validate the loan offer and request your consent for disbursement. 

Step 4. Usually, the loan is disbursed within 48 hours after approval of the loan and satisfactory verification. 

Note: The timeline, as mentioned above for the verification/disbursement of personal loans, can differ based on the lender’s internal requirements as well as other parameters.

Check Your Andhra Pragathi Grameena Bank PL Application Status

The procedure for testing the status of your application involves the following steps:

• Visit Andhra Pragathi Grameena Bank’s official website, click ‘Stuff’ and pick ‘Personal Loans.’
• On the next page that opens hereafter, press ‘More and pick ‘Check Loan Application Status.’
• First, you can verify your application status by entering information such as your telephone number, date of birth and either entering the OTP that you receive on your mobile number or using your application number.

How to login to the Andhra Pragathi Grameena Bank Portal

• Visit Andhra Pragathi Grameena Bank’s official website.
• Click on the ‘Login’ button at the top right corner of the screen.
• Log in using your User ID and Password or registered mobile number.

How to Check Your Loan Statement

Customers can download the bank’s loan statement by taking the following steps:

• Visit the bank’s official website.
• Click on ‘Get in Touch’ and select ‘Service Requests’ from the drop-down list.
• On the next page that opens, under the ‘Loans’ menu, pick ‘Personal Loan Linked.’
• First, press the ‘Ask for Loan Account Statement’ button.
• Log in using your User ID and password or using your registered mobile number and OTP to make use of the bank’s loan statement.

Andhra Pragathi Grameena Bank Personal Loan Restructuring (COVID-19)

The national lockdown due to the COVID-19 pandemic has adversely affected several borrowers, and a six-month moratorium on various term loans has been declared to some degree to reduce its effect. Upon completion of the 6-month moratorium, Andhra Pragathi Grameena Bank declared a one-time RBI-mandated benefit from the restructuring of Andhra Pragathi Grameena Bank’s loan. This mechanism is intended to offer continued relief to borrowers who are still unable to repay their daily EMI due to continuing financial distress arising from the pandemic.

The loan settlement mechanism adopted by Andhra Pragathi Grameena Bank allows for an extended moratorium of up to 2 years or an extension of the existing repayment period to minimise monthly EMI payments. It is, of course, necessary to bear in mind that the restructuring of your Andhra Pragathi Grameena Bank personal loan would result in additional interest rates over and above those applied to the original loan. Thus this relief tool can only be used as a last resort so that you do not end up defaulting to your unpaid loan.

Andhra Pragathi Grameena Bank Customer Care

Customers can contact the Andhra Pragathi Grameena Bank customer care via any of the following means:

• By Phone: You can call Andhra Pragathi Grameena Bank on 1-800-425-2045 (toll-free)
• Callback Request: You can also request a call back by visiting the bank’s website
• Online Chatbot: You can also get your queries answered by the iPal chatbot online
• Branch Visit: You can visit the nearby Andhra Pragathi Grameena Bank branch to get your queries

Benefits of Applying for Personal Loan on Dialabank

There are many benefits to applying for a personal loan on the Dialabank website. Some of these are given below:

24 x 7 Accessibility: You can access the Dialabank website at any time and anywhere and also apply for a personal loan from the comfort of your home or office at any time.

Multiple lenders on a single platform: Dialabank allows you to access personal loan deals from multiple prospective lenders on a single platform and thus removes the need to visit multiple bank or branch websites.

Know EMI instantly: With your loan EMI calculator on Dialabank, you can check the EMIs that you will be paying for on a personal loan right before you apply for one. It will help you borrow the required sum that you can quickly repay and provide a flexible payment plan.

Free of charge: Besides, you are not expected to pay any fees while applying for a personal loan on Dialabank.

Important Aspects

Below are some important things that you need to remember when applying for a personal loan with Andhra Pragathi Grameena Bank:

• When applying for a personal loan, it is always a good idea to check your credit score. A good credit score increases the odds of your personal loan being accepted and can make it easier for you to make use of a personal loan on more favourable terms.
• Until finalising on a specific lender, it is advisable to compare the cost of a personal loan (interest cost and all related fees and charges) provided by different lenders on Dialabank.
• Borrow according to your desires and willingness to repay. Evite borrowing simply because you are entitled to borrow a higher amount. It will just add to your interest rate and will not have any long-term benefits.
• Avoid applying for individual loans with several lenders at the same time. This shows you to be credit-hungry and also raises the number of hard requests for your credit report that can adversely affect your credit score.

FAQs About Andhra Pragathi Grameena Bank Personal Loan

✅ How to apply for Andhra Pragathi Grameena Bank Personal Loan?

You can apply for a personal loan with Andhra Pragathi Grameena Bank either by visiting the nearest branch of Andhra Pragathi Grameena Bank or through a simple form submission with Dialabank. With Dialabank, you get the satisfaction to apply from anywhere and get quick online approval.

✅ What is the Interest Rate for Andhra Pragathi Grameena Bank Personal Loan?

The personal loan interest rate for a personal loan from Andhra Pragathi Grameena Bank starts at 9.99%.

✅ What is the minimum age for getting a Personal Loan from Andhra Pragathi Grameena Bank?

The minimum age for getting a personal loan from Andhra Pragathi Grameena Bank is 18 years.

✅ What is the maximum age for getting a Personal Loan from Andhra Pragathi Grameena Bank?

The maximum age for getting a personal loan from Andhra Pragathi Grameena Bank is 70 years.

✅ What is the minimum loan amount for Andhra Pragathi Grameena Bank Personal Loan?

The minimum loan amount that can avail for a personal loan from Andhra Pragathi Grameena Bank is Rs. 50,000.

✅ What is the maximum loan amount for Andhra Pragathi Grameena Bank Personal Loan?

The maximum loan amount for a personal loan from Andhra Pragathi Grameena Bank is Rs. 50 lakhs.

✅ What are the documents required for Andhra Pragathi Grameena Bank Personal Loan?

The documents required for a personal loan from Andhra Pragathi Grameena Bank are aadhaar card, driving license, voter ID, salary certificate, and form number 16, ITR of last two financial years.

✅ What is the Processing Fee for Andhra Pragathi Grameena Bank Personal Loan?

The processing fee charged by Andhra Pragathi Grameena Bank is 1% to 2% of the personal loan amount plus GST.

✅ How to get Andhra Pragathi Grameena Bank Personal Loan for Self Employed?

Andhra Pragathi Grameena Bank has special offers for self-employed borrowers to assist them economically. You will have to show the ITR files of the last three years as your income proof.

✅ What is the Maximum Loan Tenure for Andhra Pragathi Grameena Bank Personal Loan?

The maximum loan tenure for a personal loan from Andhra Pragathi Grameena Bank is 60 months.

✅ What should be the CIBIL Score for Andhra Pragathi Grameena Bank Personal Loan?

The CIBIL score for getting a personal loan from Andhra Pragathi Grameena Bank is 750 and above.

✅ Do I have a preapproved offer for Andhra Pragathi Grameena Bank Personal Loan?

You can examine your preapproved personal loan offers from Andhra Pragathi Grameena Bank through Dialabank. All you have to do is fill the form, and we will check all the offers for you and get back to you to help you choose the best one. 

✅ How to calculate EMI for Andhra Pragathi Grameena Bank Personal Loan?

You can use the EMI calculator available at Dialabank’s website to calculate your personal loan EMIs from Andhra Pragathi Grameena Bank.

✅ How to pay Andhra Pragathi Grameena Bank Personal Loan EMI?

Your personal loan EMIs from Andhra Pragathi Grameena Bank are automatically take away from your bank account on a monthly basis. You can also use the net banking service of Andhra Pragathi Grameena Bank to pay for your personal loan.

✅ How to close Andhra Pragathi Grameena Bank Personal Loan?

You will have to pay all the outstanding personal loan amount and then contact the Andhra Pragathi Grameena Bank branch to pick your no dues certificate.

✅ How to check Andhra Pragathi Grameena Bank Personal Loan Status?

You will visit the Andhra Pragathi Grameena Bank branch to know the status of your personal loan. On the other hand, you can visit Dialabank and fill a simple form to let us do the hard work for you.

✅ How to close Andhra Pragathi Grameena Bank Personal Loan Online?

Closing of a personal loan from Andhra Pragathi Grameena Bank involves the following steps:

• Visit the net-banking page of Andhra Pragathi Grameena Bank.
• Login using your details.
• Pay for your personal loan and save the transaction receipt.

✅ How to pay Andhra Pragathi Grameena Bank Personal Loan EMI Online?

Your personal loan EMI can be paid through the net banking facility of Andhra Pragathi Grameena Bank. Dialabank lets you compare offers and deals from different banks to choose the best, low-EMI personal loan. All you have to do is fill a simple form, and we will do the rest for you.

✅ How to check Personal Loan Balance in Andhra Pragathi Grameena Bank?

To check the personal loan balance in Andhra Pragathi Grameena Bank, you will need to contact the customer care number of Andhra Pragathi Grameena Bank. If you are looking for low-interest personal loans, you can visit Dialabank and fill a simple form for Personal Loan Balance Transfer, and we will do work for you.

✅ How to download Andhra Pragathi Grameena Bank Personal Loan Statement?

The personal loan statement of Andhra Pragathi Grameena Bank can be downloaded using the Andhra Pragathi Grameena Bank’s mobile banking app. You can visit the online platform of Dialabank and fill a simple form.

✅ How to Top Up Personal Loan in Andhra Pragathi Grameena Bank?

If you require a top-up on your personal loan from Andhra Pragathi Grameena Bank, you will visit the bank branch and contact the loan officer. You can also fill a simple form with Dialabank at Personal Loan Top Up and leave the rest to us.

✅ What happens if I don’t pay my Andhra Pragathi Grameena Bank Personal Loan EMIs?

Andhra Pragathi Grameena Bank may charge you with penal interest if you fail to pay your personal loan EMIs. You can apply for a balance transfer through Dialabank to avail yourself of low-interest personal loans.

✅ What relaxation scheme and moratorium Andhra Pragathi Grameena Bank provides in relation to Personal Loan due to Covid 19?

A six-month moratorium on various term loans has been declared to some degree to reduce its effect. Upon completion of the 6-month moratorium, Andhra Pragathi Grameena Bank declared a one-time RBI-mandated benefit from the restructuring of Andhra Pragathi Grameena Bank’s loan.

✅ How to find Andhra Pragathi Grameena Bank Personal Loan account number?

You will need to contact your Andhra Pragathi Grameena Bank loan branch to know your personal loan account number. You may also fill out the form available at Dialabank.