Manipur Rural Bank Car Loan Approval Process. Manipur Rural Bank was founded in 1981 as a joint undertaking of the Government of India, Government of Manipur and Punjab National Bank, which is also the sponsor bank. It was established under the Regional Rural Banks Act, 1976 to empower the rural economy and enlarge institutional credit for the rural and agricultural sectors. It has 28 branches in 9 districts of the state.

A personal loan is a beneficial option for individuals during financial emergencies as they can obtain instant cash without enlisting any collateral or security, the eligibility criteria is easy to meet, minimal documents are required, the loan is disbursed quickly, and the borrower can repay it through EMIs. It allows borrowers to obtain a lump-sum amount which can be repaid over a period of time through fixed instalments.

Manipur Rural Bank NRI Personal Loan Interest Rate

Manipur Rural Bank Personal Loan Documents Required

Manipur Rural Bank NRI Personal Loan Eligibility

Features of Manipur Rural Bank NRI Personal Loan

1. The loan is issued at an affordable interest rate.
2. Generally, the processing fee is 2%-3% of the loan amount.
3. The loan is disbursed in the borrower’s account within 24 hours of approval.
4. The documentation process is straightforward and swift.
5. The loan tenure ranges from 1 year to 5 years.
6. The NRI personal loan cannot be obtained without enlisting an Indian resident co-applicant.
7. The borrower does not need to pledge any asset as security.
8. Both the applicants need to submit their documents for verification purposes.

Apply for Manipur Rural Bank NRI Personal Loan with Dialabank

Dialabank has expertise in financial dealings as they are India’s first financial helpline. They assist customers by offering them the best NRI personal loan options available and choosing the right one as per their personal requirements. The customers can compare different loans against a wide variety of parameters and also offer door step pickup of their documents. Customers can apply for Manipur Rural Bank NRI Personal Loan with Dialabank by contacting them at – 9878981166 or mailing them at – booking@dialabank.com, as per their convenience.

Manipur Rural Bank NRI Personal Loan – FAQs

✅ What is age criteria for an NRI Personal Loan?

Generally, the age criteria for an NRI Personal Loan is between the age of 21 to 60 years old; however, it can differ from lender to lender.

✅ What factors determine my personal loan eligibility?

Lenders evaluate the borrower’s age, income stability, credit score, existing debt, repayment capacity, etc., before approving a personal loan.

✅ How much credit score do I need to avail of a personal loan?

A credit score of 750 and above is considered sufficient to avail of a personal loan without any hindrances.