Personal Loan Amravati

⋆ Interest Rate 9.99% ⋆

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

      Best Banks for Personal Loan in Amravati

      Feature
      HDFC Bank
      ICICI 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 RatesDec 02 2022

      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
      ICICI 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 – Dec 02 2022

      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
      ICICI 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
      ICICI 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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