Personal Loan Barnala

⋆ Interest Rate 9.99% ⋆

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      Why us?

      Rates as low as 9.99%*
      Loans Up to 30 Lacs
      Same Day Disbursal
      Doorstep Service
      Unbiased Experts Advice

      Personal Loan Barnala

      Major Personal Loan Providers in Barnala

      HDFC Bank
      ICICI Bank
      Bajaj Finance
      Interest Rate
      10.75% - 17%
      11.25% - 18.5%
      Min Loan Amt
      Metro : 75000 & Non Metro: 50000
      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
      Overdraft Facility

      Personal Loan Barnala FeaturesPersonal Loan Barnala

      Are you running short out of cash? Do not worry. Get you issues sorted with Personal Loans today. This loan 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 Barnala is an unsecured form of loan that provides financial aid at affordable interest rates. To be eligible for a Personal Loan, the applicants need to have a stable source of income along with a good credit history.

      Apart from this, there is no end-use restriction on the use of the personal loan amount.

      Personal Loan Barnala Interest Rates

      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 for Personal Loan Barnala

      Salaried Customers:

      1. Identity proof (Aadhar card/driving license)
      2. Salary slips of last three months
      3. Aadhar Card/ PAN Card/ Voter ID/ Passport
      4. Residence Proof (Owned/Rented/Company provided)
      5. Bank statements for the last 6 months
      6. Passport-sized photographs – 2

      *NOTE: In case of rented apartments, rent agreement needs to be attached.

      Self-Employed Customers:

      1. All financials are required (Balance Sheet, P&L Statement as well as Tax Return files)
      2. Aadhar Card/ PAN Card/ Voter ID/ Passport
      3. Residence Proof
      4. Two passport-sized photographs


      Interest Rate 9.99%


      Eligibility Criteria for Personal Loan Barnala

      The eligibility criteria for both Salaried and Self-Employed are different:

      Salaried Applicants

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

      Click here to know more about- Salaried Applicant

      Self-Employed Applicants

      1. The minimum age requirement for an independent person should be 25 years.
      2. If the applicants are the businessman, then the business should be running from the past 3 years.
      3. Stable credit score without any debt or dues left.
      4. The applicants applying for the personal loan should file ITR 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 Barnala?

      1. There is no need to deposit any mortgage and collateral security to the bank.
      2. Personal Loan does not require any guarantor or nominee.
      3. A personal loan is a multi-purpose offer loan.
      4. The amount of personal loan depends upon the repayment of individual income and capacity.

      How to apply for Personal Loan Barnala?

      1. Visit Dialabank
      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.
      4. Choose your preferred city.
      5. To get more information and free guidance, call on 9878981166.


      Interest Rate 9.99%


      Processing Fee / Prepayment Charges on Personal Loan Barnala

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

      In case the applicant wishes to foreclose the loan before the agreed loan tenure, every bank and lending institution charges a penal prepayment fee. In most cases, the applicant cannot close your loan before 12 months. After that, the charge rates vary depending on how many years the loan has done. These rates vary from 4% of the loan amount in the 2nd year to 2% in the 4th year of the loan.

      Personal Loan Barnala EMI Calculator

      Equated Monthly Installments are the monthly fixed charges that you pay to the bank as monthly repayment for the outstanding loan amount borrowed.  Based on the applicant’s profile, the interest rate on loan is determined. Your EMI is calculated basis the Interest Rate that is charged by the bank and the amount of loan applicant has to take and the period for which they enjoy the loan.

      CIBIL Score required for Personal Loan Barnala

      Every lending institution has its own set of criteria for the minimum CIBIL score required for processing a Personal Loan application in Barnala. Most institutions demand a minimum score of 750 to process your loan application.

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


      Interest Rate 9.99%


      Personal Loan Barnala Agents

      Dialabank is the leading agent for availing Personal Loan in Barnala. Apply online at Dialabank or give a call at 9878981166

      Dialabank helps 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 Dialabank and fill the form with your personal and employment details. Our customer relationship managers will get in touch with you immediately.

      Personal Loan Barnala Contact Number

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

      Pre Calculated EMI Table for Personal Loan Barnala

      5 Yrs
      4 Yrs
      3 Yrs

      About Barnala

      Barnala is a city in the state of Punjab, India. It serves as the headquarters of the district formed in 2006. Before the formation Barnala district, this city was located in Sangrur District. It is also known as a land of too many storms from where it got its name.

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