Personal Loan Bhopal

⋆ 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

Best Banks for Personal Loan in Bhopal

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 Bhopal Features

Personal Loan bhopalIf you are thinking to start up a business but you don’t have that much budget or you are thinking abroad for your higher studies but pocket doesn’t allow you then you should definitely opt for Personal Loan. It will help you to solve all your financial troubles.

Personal Loan provides you with a loan from the bank to fulfill your financial needs. It provides you with low-interest rates. As it, in an Unsecured Loan so there is no need to submit any collateral in exchange for the loan amount. The most amazing thing about this type of loan is that you can spend it as per your needs. The amount of the loan is spent by the individual for his personal reasons that are why it is known as Personal Loan.

Personal Loan Bhopal 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
1%
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 Bhopal

Salaried Customers:

  1. Identity proof (Aadhaar card/driving license)
  2. Salary slips of the previous three months
  3. Bank statements for the last 6 months
  4. PAN Card
  5. Residence Proof (Owned/Rented/Company provided)
  6. 2 recent passport size photographs

*NOTE: In case of rental apartments, rent agreement requires to be attached.

Self-Employed Customers:

  1. All financials are required (Balance Sheet, P&L Statement as well as ITR files)
  2. PAN Card
  3. The Self Employed applicant has to submit the ITR of the last three years and also have to provide the registration of their business.
  4. Aadhaar Card
  5. Residence Proof
  6. Two passport-sized photographs

personal loan at 10.75%*

Personal Loan in Bhopal Eligibility Criteria

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

Salaried Applicants

  1. The minimum age of the salaried applicant who wants to avail the Personal Loan Bhopal is a minimum of 21 years to a maximum of 60 years.
  2. If the applicant lives in a metropolitan city then the income should be at least 18,000 per month.
  3. If the applicant lives in a Non-metropolitan city then the income should be at least  12,000 per month.
  4. The applicant should have the work experience of at least the last three years in the same company.
  5. The salary of the applicant should come to their respective bank accounts only.
  6. A good CIBIL Score is needed as you only get Personal Loan Bhopal based on CIBIL Score. It should be more than 700.
  7. It is a must to submit the bank statements for the last three months.
  8. The salary slip of the applicant for the last six months is also required if you want to apply for the Personal Loan Bhopal.

Self-Employed Applicants

  1. For the Self-employed  Applicants, the minimum age required is  25 years to a maximum of 65 years.
  2. The applicant should file the ITR for the last three months. It is mandatory.
  3. The ITR should be at least Rs 2.5 lakh per annum.
  4. The Loan will be approved if you have a good credit score, so you should have a good credit score, and your debts should be clear.
  5. If the applicant has a business, then the business should be running from the last three years.

Get to know more Personal Loan Eligibility here.

Why Apply for Personal Loan Bhopal?

  1. There is no requirement to deposit any security to the bank.
  2. A personal loan is a multi-purpose offer loan. It can be used for all the problems related to finance.
  3. The amount of personal loan depends upon the individual’s salary.
  4. A Personal Loan does not need any guarantor or nominee.

How to apply for Personal Loan in Bhopal?

  1. It is the trouble-free process, applying for the Personal Loan Bhopal.
  2. Visit our official site at www.dialabank.com.
  3.  Then fill the online application form for the Personal Loan.
  4.  Fill your contact number and e-mail online. It is mandatory.
  5.  You will get a call back automatically within 24 hours from our Relationship Manager as you fill the form.

personal loan at 10.75%*

Processing Fees / Prepayment Charges on Personal Loan Bhopal

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

In case you want to foreclose your loan before the loan tenure, every lending foundation charges you a penal prepayment fee. In most of the cases, you cannot close your loan before 12 months. After that, the charges depend on the loan tenure period left for a loan. These charges vary from 4% of the loan amount in the 2nd year to 2% in the 4th year.

Personal Loan EMI Calculator Bhopal

Equated Monthly Installments are called EMI which means you pay the monthly repayment for the loan amount that you have borrowed.  Based on your profile, the interest rate on your loan is fixed. Your EMI is calculated by the Interest Rate you are charged by the bank and the loan amount you have to take and the loan tenure period.

For further information about calculating you EMI click: Personal Loan EMI Calculator

CIBIL Score required for Personal Loan Bhopal

Every lending institution has its own criteria for the minimum CIBIL score required for processing a Personal Loan application in Bhopal. Most institutions require a minimum CIBIL score of 750 for your loan processing.

Apart from the CIBIL score, the detailed behavior noted by the institutions on the previous loans that you have taken. This includes details on the type of loan taken and the loan amount. Any delayed payments for previous loans will act as an obstacle to getting a personal loan.

personal loan at 10.75%*

Personal Loan Bhopal Agents/Broker

Dialabank is the leading agent for availing Personal Loan in Bhopal. You can visit an online platform and apply at www.dialabank.com or call at 9878981166.

Dialabank helps you to find out the best option of Banks and NBFCs by presenting you with a detailed market comparison of different banks so that you can make the right decision. Visit the website www.dialabank.com and fill a simple form using your details. Our customer relationship managers will come in contact with you.

Personal Loan Bhopal Contact Number

Call 9878981166 and get approval for Instant Personal Loan in Bhopal.

Pre Calculated EMI Table for Personal Loan Bhopal

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 Bhopal

Bhopal is the capital city of the largest state in India, Madhya Pradesh. It is also famously known as the City of Lakes because of numerous artificial and natural lakes present across the city with lush greenery.

FAQs About Personal Loan Bhopal

What is Personal  Loan Bhopal?

Under Personal Loan Bhopal, you can get the loan amount from the bank for a specific time. It provides you with the lowest interest rate. It is not required to keep an asset for the guarantee to get the loan.

What is Personal Loan Bhopal Interest Rate?

The Personal Loan Bhopal will provide you with a loan at a 9.99% rate with the lowest EMI of Rs.2,683 Per lakh if you are paying more than this EMI than you can go for a balance transfer.  You can pay back your loan in 12 months to 48 months.

What is Personal Loan Bhopal Eligibility?

You can apply for the Personal Loan Bhopal if you are a citizen of India. You should be above the age of minimum of 21 years to a maximum of 58 years. Both salaried and self-employed applicants can apply.

What are the details of  Personal Loan Bhopal?

The best banks will provide you with the loan as it helps you according to your needs. It has special offers for government employees. You can get the loan quickly if you are eligible for the loan.

How to apply online in Personal Loan Bhopal?

For the best services, go on our website www.dialabank.com  and fill the form which requires your necessary details. You will get a call from our side within 24 hours, and we will guide you for the best offers. The contact number which is working is mandatory.

How to check Personal Loan Bhopal EMI with EMI calculator?

Visit our site Dialabank and select the option of tools and calculators. After that, you can choose the option of EMI check and easily calculate the loan EMI.

How can we apply for Personal Loan Bhopal?

For the loan, you have to fill the above form and submit. Then your request will be accepted by Dialabank, and within 24 hours you will get a call from our Relationship Manager who helps you with the further details.

What is a Personal Loan Bhopal contact number?

You can apply online at our official website of Dialabank and also contact us on 9878981166.

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