Personal Loan Amravati

⋆ Interest Rate 9.99% ⋆

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        Why us?

        Rates as low as 9.99%*
        Loans Up to 30 Lacs
        Same Day Disbursal
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        Personal Loan Amravati

        Best Banks for Personal Loan in Amravati

        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 in Amravati 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

        Personal Loan AmravatiAre you running short out of cash? Do not worry Personal Loan is available for you.

        Personal Loan Amravati is unsecured in nature with minimal documentation and less paperwork. It takes 48 hours after the verification process for the loan to be approved.

        Personal Loan Amravati is an unsecured form of loan that provides financial aid at affordable Personal Loan Interest Rate. To be eligible for a Personal Loan, the applicants need to have a stable source of income along with a good credit history.

        Additionally, there is no end-use restriction on the use of the personal loan amount.

        Personal Loan in Amravati Interest RatesApr 16 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

        PERSONAL LOAN

        Interest Rate 9.99%

        +91

        Personal Loan Amravati Fees & Charges – Apr 16 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 Amravati

        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 in Amravati Eligibility Criteria

        The eligibility criteria for both Salaried and Self-Employed for a Personal Loan Amravati are different:

        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%

        +91

        Salaried Applicants

        1. The minimum age must be  21 years and a maximum of up to 60 years.
        2. Work experience of the three years. The job location must be mentioned.
        3.  A borrower should have a minimum salary of INR 25,000 per month.
        4. The applicants must have a good credit history.

        Click here to know more about- Personal Loan Eligibility Criteria

        Self-Employed Applicants

        1. The minimum age required for an independent person should be 25 years.
        2. If the applicants are the businessman, then the business should be working from the past 3 years.
        3. The credit score of the applicants should be good and there should not be any dues left.
        4. The applicants applying for the personal loan must have the ITR files for the last 3 years.
        5. The annual income of the applicants should be a minimum of Rs 2.5 lakh.
        6. The applicants have to submit their financial and his bank statement for the previous 3 months.

        Click here to know more – Self-employed Applicant

        Why Apply for Personal Loan in Amravati?

        1. There is no need to deposit any collateral security and mortgage to the bank.
        2. A Personal Loan does not require any co-borrower, guarantor, or nominee.
        3. A personal loan is a multi-purpose loan offer.
        4. The amount of personal loan depends on the ability to repay by an individual.

        How to apply for Personal Loan in Amravati?

        1. Visit www.dialabank.com.
        2. Navigate to the loan section and click on the personal loan link.
        3. You will be directed to all details of the personal loan where you can choose your preferred city.
        4. Call on 9878981166 for more information and free guidance.

        PERSONAL LOAN

        Interest Rate 9.99%

        +91

        Processing Fees/Prepayment Charges on Personal Loan in Amravati

        Every Bank and NBFC charges a processing fee for a Personal Loan Amravati application. The processing fee is 1% of the loan amount.

        In case the consumer wishes to foreclose the loan before the agreed loan tenure, every bank and lending institution charges a penal prepayment fee. In most cases, the consumer cannot close your loan before 12 months. Post that the charges vary depending on the loan tenure period. Prepayment charges vary from 4% of the outstanding loan amount in the 2nd year to 2% in the 4th year of the loan.

        Personal Loan EMI Calculator Amravati

        Equated Monthly Installments(EMI) is the monthly fixed charges that you have to pay to the bank as repayment for the loan amount borrowed. On the basis of your profile, the Best Personal Loan Interest Rate on the personal loan is determined. Your EMI is calculated based on the interest rate that is charged by the bank in addition to the amount of loan you have to take and the period for which you enjoy the loan.

        CIBIL Score required for Personal Loan Amravati

        Every lending institution has the criteria of the minimum CIBIL score required for processing a Personal Loan Amravati application. Most institutions need a minimum score of 750 to process the Personal Loan Amravati application.

        The institutions don’t just look at the CIBIL score but also check the detailed behavior on the previous loans taken. This includes details on the loan type and the loan amount borrowed. Any late payments for previous loans can act as a barrier to your availing a fresh loan.

        PERSONAL LOAN

        Interest Rate 9.99%

        +91

        Personal Loan Amravati Agents/Broker

        Dialabank is the leading agent for availing Personal Loan in Amravati. You can apply online at www.dialabank.com or call at 9878981166.

        Dialabank assists you to find the best option of Banks and NBFCs by providing a detailed market comparison of different banks so that you can make the right choice. Visit our website www.dialabank.com and fill a simple form by your personal and employment details. Our customer relationship managers will get in touch with you immediately.

        Personal Loan Amravati Contact Number

        Call 9878981166 and get instant help and approval for Personal Loan in Amravati.

        Pre Calculated EMI Table for Personal Loan Amravati

        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 Amravati

        Amravati is a city in Maharashtra, India. It is the second-largest and populous city of the Vidarbha region of Maharashtra after Nagpur. It is known to be the administrative headquarters of the Amravati district. It is also the headquarters of the Amravati division, one of the six divisions of the state.

        FAQs About Personal Loan Amravati

        Who can apply for a Personal Loan in Amravati?

        People who have an urgent need for cash and have a regular source of income (from employment or business) can Apply For Personal Loan in Amravati.

        What is the tenure of Personal Loan in Amravati?

        Most of the Banks and NBFCs offer a Personal Loan for a min period of 1 Yr and a Max period of 5 Years. There are some Banks which expand the maximum period to 7 Years. The tenure is fixed and cannot be extended. The repayment has to be done in equal monthly installments in the agreed tenure of the loan.

        Are there any other charges involved in Personal Loan Amravati?

        Yes, there are 2 types of charges that one needs to pay in order to Avail  personal loan in Amravati:

        Processing Fee: For every bank or lending institution that you borrow from, there is a fee that they charge from the consumer. This is known as Processing Fee. The amount of processing fee alters for each lending institution and is 1% of the loan amount.

        Pre-closure Charges: Whenever you wish to close a running loan before its agreed loan tenure period, the Banks and NBFCs charge an extra amount known as pre-closure charges on the borrowed loan amount. Different banks have different pre-closure charges. The pre-closure charges differ on how many years has your loan completed before you decide to pre-close it.

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

        Since a Personal Loan is an unsecured loan, one of the most important criteria for availing your Personal Loan application approved is your CIBIL Score. Having a High CIBIL score becomes extremely important if you need to avail of a Personal Loan in the future. Make sure you do not miss any of your loan EMI payments or any credit card payments as that will result in decreasing your CIBIL score. Most of the Personal Loan rejections happen to cause a low CIBIL Score.

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