Major Personal Loan Providers in Asansol
1% - 2.5% of the Loan Amt
Personal Loan Asansol 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
|
Suppose you have any urgent money requirement, then Personal Loan Asansol is available for you to help you get your work done easily. This loan is unsecured in nature with many features such as:
- Easy, faster, and smooth process with Minimal documentation and Less paperwork and approved within 48 hours after the verification process.
It would help if you had a good credit score to apply for a personal loan.
Personal Loan Asansol Interest Rates- Apr 19 2024
| Name of the Bank | Interest Rate Range | Processing Fee Range | Loan Amount | Tenure |
| Private Bank | 11.59% - 18.49% (Fixed) | 2.25% (min. Rs.1149) One time fee | Rs.20 lakh (Max) | 1-5 Years |
| CitiBank | 10.99% - 15.99% (Fixed) | 1% to 2.5% | Rs.30 lakh (Max) | 1-5 Years |
| Kotak Mahindra Bank | 10.99% to 24% p.a. | Up to 2.5% of the loan amount along with GST or service tax | Rs.50,000 to Rs.15 lakh | 1 to 5 Years |
| Fullerton India | 11.99% to 23.99 p.a. | Information not provided. | Up to Rs.20 lakh for salaried and up to Rs.30 lakh for self-employed individuals | 1 to 4 Years |
| Bank of Baroda | 11.35% - 14.35%Fixed | Rs.1,000 to Rs.10,000 (One time fee) | Rs.20,000 - Rs.2 lakh | 4 Years (Max) |
| State Bank of India | 12.90% - 14.90% (Fixed) | 1% (One time fee) | Rs.24,000 - 15 lakh | 5 Years |
| Aditya Birla | 11.5% - 13.25% (Fixed) | Nil | Rs.30 lakh (Max) | 1-5 Years |
| Allahabad Bank | Information not provided | 1.06% of loan amount | Information not provided. | 1 to 5 Years |
| Yes Bank | 14% p.a. | Up to 2% (One-time fee) | Rs.2 lakh to Rs.20 lakh | 1 to 5 Years |
| Corporation Bank | 12.75% to 13.75% p.a. | Up to 1.5% Minimum amount of Rs.500 | Up to Rs.3.50 lakh | Up to 5 Years |
PERSONAL LOAN
Interest Rate 9.99%
Personal Loan Asansol Fees & Charges – Apr 19 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 Asansol
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.
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| Existing Loans (if any) |
Payment Track Record & Sanction letter
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| Photograph |
One coloured passport size photograph
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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
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| Proof of Investment (in case any) |
Investments such as fixed deposit, fixed assets, shares, etc.
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| Existing Loans (in case any) |
Payment Track Record and sanction letter
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| Professional Degree Certificate |
In case of professionals
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| Photograph |
One coloured passport size photograph
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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
Interest Rate 9.99%
Eligibility Criteria for Personal Loan Asansol
Personal loan Eligibility criteria are different for both the salaried and self-employed employers for Personal Loan Asansol:
| 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
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| 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
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| 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%
Salaried Applicants
- The minimum age requirements of the applicant should be 21 years and a maximum of 60 years.
- The applicants must have a good credit history and INR 25,000 per month with the job location mentioned and 3 years of job experience.
Click here to know more about everything about personal loans for Salaried applicants.
Self-Employed Applicants
- A minimum of 25 years. Years old with an annual income of min. Rs 2.5 lakh and a good credit score with no dues left can apply by submitting the financial and bank statement of the previous 3 months.
- The applicants applying for the loan need to file an Income Tax report for the last three years before applying for the loan.
- The business should be running for the past three years if the individual is a businessman.
Click here to know better about a personal loan for a self-employed Applicant.
Why Apply for Personal Loan Asansol?
- You do not need to deposit mortgage or collateral security to the bank, and getting a Personal Loan does not require any guarantor or nominee.
- A personal loan is a multi-purpose offer loan used for all the problems related to your financial needs. The amount of personal loans sanctioned depends upon the individual capacity to repay.
How to apply for Personal Loan Asansol?
- Visit our Dialabank‘s website on mobile or PC
- Go to the loan section in it, click on the personal loan link on the website, and get to all details of the personal loan.
- Choose your preferred personal loan city and submit all the details.
- For more information and free guidance, you may call on 9878981166 at any time.
PERSONAL LOAN
Interest Rate 9.99%
Processing Fee / Prepayment Charges on Personal Loan Asansol
Every Bank and NBFC charges a fee of 1% of the loan amount for processing the application of personal loans.
If you foreclose your loan before the agreed-upon loan tenure, every bank charges you a penal prepayment fee for this. In most cases, you should not and cannot close your loan before 12 months. After that, the charges depend on how many years the loan has gone through. These charges vary from 4% of the outstanding personal loan in the 2nd year to 2% in the 4th year of the loan taken.
Personal Loan Asansol EMI Calculator
You can use a personal loan EMI calculator to calculate EMIs. Equated Monthly Installments, also know as EMI, are the fixed charges paid monthly for the loan repayment. The interest rate on your loan is also determined based on your profile. EMI is calculated based on the personal loan Interest Rate you are charged by the institution you applied to, the amount of loan you want to take, and the period for which you avail the loan.
CIBIL Score required for Personal Loan Asansol
Each lending institution has its own criteria for the minimum CIBIL score. Still, most of them require a score of 750 to process your loan application further. and not just that they also look at the overall score but also at the individual behaviour on the previous loans taken as credit history, which includes details on the type and amount of loan taken. In addition, any kind of delayed payment can act as a barrier to getting the loan.
PERSONAL LOAN
Interest Rate 9.99%
Personal Loan Asansol Agents
Dialabank is the top agent for availing Personal Loan in Asansol.
Apply online at www.dialabank.com or give a call at 9878981166.
Dialabank helps you find a better option for Banks and NBFCs, and other lending institutions by providing you with a more detailed market comparison of lending institutions so that you can make the right choice yourself. Visit the website www.dialabank.com and fill a straightforward form with your personal and employment details, and our relationship managers will soon get in touch with you as soon as you fill the form.
Personal Loan Asansol Contact Number
Call 9878981166 quickly and get instant help and approval for a Personal Loan in Asansol.
Pre Calculated EMI Table for Personal Loan Asansol
About Asansol
Asansol is a city located in the state of West Bengal. It is the second-largest and the most populated city of West Bengal and the 39th largest urban agglomeration in India. Asansol is the district headquarters of Paschim Bardhaman district in West Bengal.
FAQs About Personal Loan Asansol
✅ Who can apply for a Personal Loan in Asansol?
People who have a regular source of income (from employment or business) with no debt or dues left can apply for a Personal Loan in Asansol.
✅ What is the tenure of a Personal Loan in Asansol?
Banks and NBFCs provide a Personal Loan for a min period of 1 Yr and a Max period of 5 Years and only extended to a max. Period of 7 Years on some conditions, usually fixed before using the loan.
✅ Are there any other charges involved in Personal Loan Asansol?
Yes, there are 2 types of charges to avail a personal loan in Asansol
Processing Fee: For every lending institution that you borrow from, there is a minimal fee that they charge from the user as a processing fee, and the amount of fee varies and is 1% of the loan amount.
Pre-closure Charges: Whenever you want to close a running loan before its agreed tenure period, the Banks and NBFCs charge pre-closure charges on the borrowed loan, which is different for each bank depending on how many years it has your loan completed before you decide to pre-close it.
✅ Can my application for Personal Loan Asansol get rejected due to my CIBIL score?
A Personal Loan is an unsecured loan and having a High CIBIL score becomes extremely important if you wish to avail of a Personal Loan. Make sure you don’t skip loan EMI payments or credit card payments to maintain your CIBIL score. Most of the Personal Loan rejections happen due to a low CIBIL Score.
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