Personal Loan Bhubaneswar

⋆ 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 Bhubaneswar

        Best Banks for Personal Loans in Bhubaneswar

        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 Bhubaneswar Features

        Personal Loan Bhubaneshwar

        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 Bhubaneswar gives you financial help, and you can use the money for various purposes such as weddings, Holidays, to buy some new gadgets and many other resources. Personal can be availed in very little time. Minimum documentation is required for this process. It also has a competitive Personal Loan Bhubaneswar interest rate @10.75% per annum.

        Personal Loan in Bhubaneswar Interest Rates – Feb 29 2024

        The interest rates in a Personal Loan depends on the company’s profile and salary of a person. The interest rate of personal Loan starts @10.75% per annum.

        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
        Get low-interest rates

        PERSONAL LOAN

        Interest Rate 9.99%

        +91

        Personal Loan Bhubaneswar Fees & Charges – Feb 29 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 Bhubaneswar

        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

        Interest Rate 9.99%

        +91

        Personal Loan in Bhubaneswar Eligibility Criteria

        The Personal loan eligibility criteria also are different for both Salaried and Self-Employed customers in the following manner:

        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 individual’s minimum age requirements should be 21 years and a maximum of up to 60 years for an Individual.
        2. The applicants must have work experience of three years. And the salary should be received in the Individual’s account.
        3. The applicants must have an excellent credit history of the previous Loan.
        4. The applicant should mention the job location of the applicant.

        Self-Employed Applicants

        1. The minimum age requirement for an independent person should be 25 years or more of an Individual.
        2. The applicants applying for the personal loan should file ITR for the last three years of the income.
        3. If the applicants are the businessman, they should be running from the past three years and running successfully.
        4. The credit score of the individual applicants should be excellent as it expedites the process.
        5. The annual income of the applicants should be a minimum of Rs 2.5 lakh annually.

        Why Apply for Personal Loan Bhubaneswar?

        1. Multipurpose loan: The money from a personal loan can be utilized for any personal purpose.
        2. All-purpose loan: It can be used for almost all purposes according to the requirement.
        3. Affordable Interest Rates: It is available at an affordable personal loan interest rate in the market.
        4. Simple procedure: It is a simple Loan scheme as there is no process to check the collateral

        How to apply for a Personal Loan in Bhubaneswar?

        Anybody can apply for a Personal Loan Bhubaneswar online and get Instant Personal Loan only in a few minutes. The process of application is straightforward and quick.

        1. Visit Dialabank
        2. After that, apply for a Personal Loan online.
        3. Please enter your contact number so that we can contact you back.

        Processing Fee / Prepayment Charges on Personal Loan in Bhubaneswar

        Every Bank and NBFC charges two kinds of fees from its customers.

        1. The first is mandatory for processing your Personal Loan application, i.e. Processing Fee. The Personal Loan Bhubaneswar Processing Fees are 1%  of the sanctioned loan amount. These are charged on all personal loans irrespective of the tenure and amount.
        2. The second being Pre-closure charges in case you want to close your loan before your fixed tenure. Normally, you cannot close your personal loan before 12 months. The charges may vary from 2% to 4% in the case of pre-closure cases.

        Personal Loan EMI Calculator Bhubaneswar

        You can use a personal loan EMI calculator to calculate EMIs. EMI is an Equated Monthly Instalments that you pay to the bank as monthly repayment for the loan amount borrowed.  Based on your profile, the interest rate on your loan is set on. Your EMI is calculated based on the personal loan Interest Rate charged by the bank and the loan amount you have to take and the loan tenure period for which you enjoy the loan.

        CIBIL Score required for Personal Loan Bhubaneswar

        Every lending institution has its own criteria for the minimum CIBIL score required for processing a Personal Loan application in Bhubaneswar.

        1. Most institutions require a minimum score of 700.
        2. Others might look into other factors like income and job stability to process the loan.
        3. The institutions don’t just look at the overall score and the detailed behaviour on the previous loans taken.
        4. This includes details on the type of loan taken and the amount borrowed. Any delayed payments for previous loans can act as a barrier to your availing of a fresh loan.

        PERSONAL LOAN

        Interest Rate 9.99%

        +91

        Personal Loan Bhubaneswar Agents

        Dialabank helps you compare various banks and NBFCs so that you can choose the best offer available according to your need. DialaBank is your best agent available for a personal loan in Bhubaneswar. Our relationship manager will ensure you get the best loan at the lowest possible interest rate with hassle-free documentation. The reason behind choosing DialaBank as your agent is:

        1. DialaBank is India’s first financial helpline.
        2. We do not charge you for our services.
        3. The loan gets disbursed within 24 hours of applying with us.
        4. Our relationship manager guides and assists you through the entire process.

        By comparing all the deals available with various banks, we will help you choose the right bank for you.

        Personal Loan Bhubaneswar Contact Number

        Call 9878981166 and get instant help and approval for Instant Personal Loan Bhubaneswar.

        Pre Calculated EMI Table for Personal Loan Bhubaneswar

        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 Bhubaneswar

        Personal Loan Bhubaneswar

        Bhubaneswar is a city the capital of Indian State, Orissa. It is the most populous city also known as the “Gateway of Kumaon”. It is also referred to as Halduvani, derived after the tree “Haldu” abundant in the region. It is home to one of the largest vegetable, fruit, and food grain markets in Kumaon.

        FAQs on Personal Loan Bhubaneswar

        What is a personal loan?

        A personal loan is a type of unsecured loan that a person can avail of based upon their monthly income and CIBIL score. The loan amount available can be used for any personal purpose and need.

        How to get a personal loan in Bhubaneswar?

        To get a personal loan you either walk into the nearest bank branch with basic documents like Aadhar Card, PAN Card, Salary Slip/Bank Statement, and ITR file of the last three years. You can also fill out an inquiry form and apply online at Dialabank’s digital platform for better convenience and personalized assistance.

        What is the interest rate for a personal loan in Bhubaneswar?

        The interest rates for personal loans is 10.75% per annum. The rate of interest depends upon your monthly income, CIBIL Score, loan amount, and loan tenure.