Madhya Pradesh Gramin Bank Personal Loan @ 9.99%

Madhya Pradesh Gramin Bank Personal Loan Key Features Apr 18 2024

Eligibility Criteria	Details
Age	21-54 (at loan maturity)
CIBIL score	Minimum 750 or above
Madhya Pradesh Gramin Personal Loan Interest Rate	9.99% per annum
Lowest EMI per lakh	Rs 2363
Tenure	Up to 60 months
Madhya Pradesh Gramin Personal Loan Processing Fee	1% to 2%
Prepayment Charges	N/A
Minimum Loan Amount	No Limit
Maximum Loan Amount	₹2 Lakh

Benefits of Madhya Pradesh Gramin Personal Loan

Very Easy disbursal
Quick Processing
No guarantor required
Simple Application Process
Benefits can be taken by businessmen, Doctors, regular Salary Person

Eligibility Criteria of Madhya Pradesh Gramin Personal Loan

The personal loan eligibility criteria for a Personal Loan is as follows:

CIBIL score	750 and Above
Age	21-54 years
Min Income	Rs 20000/month
Occupation	Salaried/Doctors/Businessmen/VIP’s

Madhya Pradesh Gramin Bank Personal Loan Interest Rate and Charges

The interest rate, fees, and other charges for a Personal Loan are:

Madhya Pradesh Gramin Personal Loan Interest Rate	9.99% per annum
Madhya Pradesh Gramin Personal Loan Processing Charge	1% to 2%
Prepayment Charges	N/A
Stamp Duty	As per state laws

Madhya Pradesh Gramin Bank Personal Loan Preclosure charges

Pre-close your loan before 18 EMIs: 5% foreclosure fee on the closure date
Prepay your loan after 18 EMIs: 3% fee as of the closure date

Madhya Pradesh Gramin Bank Personal Loan 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 possibly the most favoured credit choices that benefitted to meet changing individual supporting necessities unbounded.

Apply for an overdraft as a Madhya Pradesh Gramin Bank Personal Loan. The versatile improvement office has all the massive highlights of a slight overdraft credit.

Madhya Pradesh Gramin Bank Personal Loan Documents Required

Documents Required for Personal Loan are:

Proof of Identity	Copy of Passport, Driving License, Aadhar Card and 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

Madhya Pradesh Gramin Bank Personal Loan EMI Calculator

You can use the EMI Calculator here

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

Home Renovation Loan

Madhya Pradesh Gramin Bank offers home update credit for people wishing to have their homes overhauled. This individual credit will back the basic fixes or award the borrower to purchase new home fittings, machines, and furniture. Some goliath features of the Madhya Pradesh Gramin Bank Home Renovation Loan are:

The financing cost of the Madhya Pradesh Gramin Bank Home Improvement Loan begins at as low as 11.25%.
Individuals will be at risk for an advanced degree of Rs. 20 Lakhh to have their home changed.
The credit of Madhya Pradesh Gramin Bank’s home imitates needs zero documentation, gaining the whole ground period of time liberated from the inconvenience.
Generally speaking, the improvement entire is credited to the record inside 72 hours before the bank favours the comfort.

Holiday Loan

The Madhya Pradesh Gramin Bank’s Holiday Loan will assist you with a minor issue while arranging your fantasy move away. The crucial features of the Madhya Pradesh Holiday Loan are This individual Madhya Pradesh Gramin advance will keep up a degree of excursion related costs, including booking travel tickets, standing work environments, guided visits, etc

Financing costs for occasion drives start at 11.25 percent p.a.
Without a great deal of stretch upheld position, you can do a degree of up to Rs 20 Lakh.
The snappy and away from of your move away is ensured by made an insignificant work.
Excited progression diagram and administering that is fast credited to your record.

Fresher Funding

Madhya Pradesh Gramin Bank’s Fresher Funding is basic for an overall piece of shaky individual credits subject to people with a standard remuneration.

This option rather than Madhya Pradesh Gramin credit is proposed to help freshers, for example, proceeding with graduated class, for instance searching for their first work. Coming up next are some sensible features of Madhya Pradesh Gramin Fresher Funding’s individual credit:

Credit degree of up to Rs 1.5 lakh
Competitors must, at any rate, be 21 years of age.
The movement of interest for Fresher Funding relies upon the up-and-comer’s profile, the monetary record/score, age of the competitor, and area.

NRI Personal Loan

For NRIs, Madhya Pradesh Gramin outfits an individual with progression, understanding the necessities and dreams of NRIs. The basic advancement picked one should be an Indian inhabitant, and the co-competitor NRI must be close to a relative. The Individual Loan for NRIs contains the going with features.

Individual NRI advances of up to Rs. 10 lakh with adaptable end-use pushes are given up by Madhya Pradesh Gramin Bank.
The expense of NRI Personal Loan financing begins at 15.49 percent p.a.
The credit requires a residency of up to three years.

How to Apply Online for Madhya Pradesh Gramin Bank Personal Loan?

Personal Loans can be availed easily online through Dialabank. For Madhya Pradesh Gramin Bank Personal Loan, these are the steps you need to follow.

To avail of Home Credit Personal Loan online, you have to visit Dialabank online.
Also, you can visit Madhya Pradesh Gramin Bank Personal Loan on Dialabank.
Once you go through the Home Credit Personal Loan page, you can check the eligibility, documents, and loan scheme for personal loans.
Then, you can fill a simple online form with your specifications.
Once you submit the form, you will be called telephonically by our representatives.
The representatives will assist you in the whole process.
Your Home Credit Personal Loan will get approved in no time.

The Personal Loan Verification Process

Below are the steps followed for the verification process:

When you complete the application technique with Dialabank, your application for a Personal Loan is additionally continued by the Bank.
As the bank confirms your application structure, they give you a confirmation call.
Presently when the check on a telephonic discussion is done, the bank plans a get for report accommodation.
When all the necessary archives are connected the further check happens.
Presently as the subsequent check passes the bank affirms the last credit sum, loan cost, and the residency for the referenced sum.
The bank quietly hangs tight for the client’s insistence, and once the client affirms the advance sum is immediately dispensed.

Madhya Pradesh Gramin Bank Personal Loan Status

Visit the site of this bank.
Check the eligibility.
Fill the form with your information.
Our managers will contact you.

How to login in Madhya Pradesh Gramin Bank portal

You can check the official website of Madhya Pradesh Gramin Bank.
Click on ‘Login’ in the upper right corner of the screen.
Using your User ID and Password or reported mobile number to log in

How to Check Your Loan Statement

Clients can download the bank’s very own credit proclamation by following the means given below:

Visit the official site of the bank.
Select ‘Connect’ and from the drop-down list, choose ‘Administration Requests’.
On the following page that opens, under the ‘Advances’ menu, click’ Individual Loan Related.’
Tap on ‘Request for Loan Account Statement’ first.
Log in using your User ID and the secret word or using your enlisted versatile number and OTP to benefit from the bank’s very own credit clarification.

Madhya Pradesh Gramin Bank Personal Loan Restructuring (COVID-19)

While there was nationwide lockdown, preposterously influenced two or three borrowers by morals of the COVID-19 pandemic, and a multi-month repudiating on various term drives was communicated to control its impact on a particular degree.

Madhya Pradesh Gramin Bank enunciated the RBI-guided one-time advantage by the individual credit augmentation of Madhya Pradesh Gramin Bank after the half-year boycott had wrapped up.

This instrument is required to offer help to those borrowers who, considering the pushing cash related challenges of the pandemic, are not yet set up to start reimbursement of their standard EMI. The credit target plan of Madhya Pradesh Gramin Bank proposes an extra boycott of up to two years or progress of the current repayment term to diminish EMI withdraws from month to month.

As a huge concern, it is fundamental that the recovery of your individual progress from Madhya Pradesh Gramin Bank will accomplish extra staggering charges far past those of the standard improvement.

As needs are if whatever else fizzles with the craving for not winding up defaulting on your phenomenal credit, you can fundamentally utilize this help instrument.

Madhya Pradesh Gramin Bank Customer Care

Customers can contact Madhya Pradesh Gramin Bank customer care via any of the following means:

By Phone: You can call Madhya Pradesh Gramin Bank on 9878981166 (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 Madhya Pradesh Gramin Bank branch to get your queries.

Benefits of Applying for Personal Loan on Dialabank

There are several points of concern when applying for a personal advance on the Dialabank website. Underneath some of them are provided:

24 x 7 Availability: At whatever point and anyplace you can get to the site of Dialabank, and thusly, when your home or office is agreeable, apply for individual development.
Various moneylenders: Dialabank engages you to get singular credit offers from different planned advance experts on a single stage and along these lines wipes out the need to visit distinctive bank locales or branches.
Know EMI: On the EMI calculator, you can check the EMIs you would be paying on an individual credit even before you apply for one. It will help you with getting the reasonable total that you can without a very remarkable stretch repay and have a supportive repayment plan.
Liberated from cost: Additionally, you are not supposed to pay any charges when you apply for an individual advance on Dialabank.

Important Aspects

Below are some critical points you ought to consider while applying for an individual Madhya Pradesh Gramin Bank credit:

It is ideal to check your cash related evaluation in any condition while applying for an individual new unforeseen development. The odds of your credit keep up are worked by a solid credit assessment and can permit you to profit by an individual development on better concordance.
Before picking a particular bank, it is insightful to consider the expense of an individual credit (premium cost and every single reasonable cost and charge) offered by various moneylenders on Dialabank.com.
Secure as appeared by the need and repayment limit. Make the critical advances not to win since you’re set up to get a higher entirety. It just adds to the cost of your upheld position and has a reasonably couple of central bright lights as time goes on.
Make the chief advances not to apply at the same time with different moneylenders for singular advances. This shows that you are ready for credit and enlarges the extent of complex credit report rules, which can ludicrously influence your FICO score.

FAQs About Madhya Pradesh Gramin Bank Personal Loan

✅ What is Madhya Pradesh Gramin Bank Personal Loan?

When you are in urgent need of financial help you can apply for a Personal Loan from Madhya Pradesh Gramin Bank. A Personal Loan can be availed without the need for submitting security and the loan amount can be used for any personal need.

✅ What is the rate of interest for the Madhya Pradesh Gramin Bank Personal Loan?

The personal loan rate of interest in Madhya Pradesh Gramin Bank starts at 9.99% per annum. You can visit Dialabank’s website to compare the rates of different banks and finance companies across India.

✅ How can I get Madhya Pradesh Gramin Bank Personal Loan?

To get a Personal Loan you will have to visit the nearest branch with basic KYC documents, PAN card, and income proofs(salary slips, bank statement). You can also contact Dialabank to avail of the best financial advice and assistance in proceeding with the loan.

✅ How to apply for Madhya Pradesh Gramin Bank Personal Loan?

Apply for a Personal Loan by walking into the nearest Madhya Pradesh Gramin Bank branch with all the required documents. You can also apply online with Dialabank and avail of personalized assistance for all your financial needs.

✅ Why apply for Madhya Pradesh Gramin Bank Personal Loan?

Madhya Pradesh Gramin Bank Personal Loans can be used for any personal financial needs. Be it a wedding, travel, bills, repair and renovation of home, etc. You do not have to provide any security in exchange for your loan and the repayment can be done in monthly instalments, EMIs.

✅ How much EMI is on Madhya Pradesh Gramin Bank Personal Loan?

You can calculate your Madhya Pradesh Gramin Bank Personal Loan EMI using your loan tenure, loan amount, and rate of interest on Dialabank’s EMI calculator and apply for all your loan needs.

✅ How much CIBIL score is required for Madhya Pradesh Gramin Bank Personal Loan?

A CIBIL score above 750 is preferred by Madhya Pradesh Gramin Bank to disburse a Personal Loan. Being an unsecured loan your CIBIL score plays a big role in determining your loan eligibility as it calculates the risk of default for your lender.

✅ Minimum credit score needed for Madhya Pradesh Gramin Bank Personal Loan?

The credit score is a measurement and estimate of your creditworthiness. Madhya Pradesh Gramin Bank requires you to have a credit score of at least 750 to consider your loan application for approval.

✅ How to calculate Madhya Pradesh Gramin Bank Personal Loan EMI?

Use your loan amount, loan tenure, and rate of interest to calculate your Personal Loan EMI using the EMI calculator available on Dialabank’s website.

✅ What can I use Madhya Pradesh Gramin Bank Personal Loan for?

You can use your Madhya Pradesh Gramin Bank Personal Loan for several financial needs such as funding your marriage or that of a relative, pay all your big and small bills, renovate or repair your home, etc.

✅ Can I prepay Madhya Pradesh Gramin Bank Personal Loan?

If you have the required funds you can pre-close your loan by visiting the branch of Madhya Pradesh Gramin Bank from where your loan was approved and asking your banker about the prepayment facilities.

✅ How to prepay Madhya Pradesh Gramin Bank Personal Loan?

When you have the required money and feel the need to close your loan at once, just visit the nearest Madhya Pradesh Gramin Bank branch with your loan documents and apply for a foreclosure. You may also be asked to pay a small foreclosure fee in addition to your outstanding loan amount.

✅ How to repay Madhya Pradesh Gramin Bank Personal Loan?

Repay your Personal Loan in easy burden-free EMIs that are automatically deducted from your bank account each month. Your Madhya Pradesh Gramin Bank Personal Loan can be repaid through post-dated cheques too.

✅ What documents are needed for Madhya Pradesh Gramin Bank Personal Loan?

Aadhar Card/Voter ID, PAN Card, Salary Slips, Bank Statement, and ITR File are the documents that are required to avail of a Personal Loan from Madhya Pradesh Gramin Bank.

✅ How to check Madhya Pradesh Gramin Bank Personal Loan status?

Visit your loan branch or contact the customer care number of Madhya Pradesh Gramin Bank to know the status of your loan application and stay updated.

✅ What is the Processing Fee for MP Gramin Bank Personal Loan?

The processing fee is 1%-2% of the loan amount.

✅ What is the Madhya Pradesh Gramin Bank Personal Loan personal loan customer care number?

Contact 9878981166 for any queries.

✅ What are the Madhya Pradesh Gramin Bank Personal Loan Personal Loan pre-closure charges?

Pre-close your loan before 18 EMIs: 5% foreclosure fee on the closure date
Prepay your loan after 18 EMIs: 3% fee as of the closure date

✅ What is the Madhya Pradesh Gramin Bank Personal Loan personal loan closure procedure?

Visit the bank with the complete set of documents (as mentioned above).
You may be required to fill a form or write a letter requesting pre-closure of the Personal Loan account.
Pay the pre-closure amount.
Sign the required documents, if any.
Take acknowledgement of the balance amount you have paid.

✅ What is the Madhya Pradesh Gramin Bank Personal Loan Personal Loan Overdraft Facility?