Major Personal Loan Providers Billimora
- Interest Rate 10.50% - 18.50%
- Loan Upto 50 Lacs
- Tenure 1 - 5 Years
- Processing Fee Upto 2.0%
- Min Salary ₹ 18,000 p.m.
- Online Approval
- Interest Rate 11.99% - 17:00%
- Loans Upto 30 Lacs
- Tenure 1 - 5 Years
- Processing Fee up to 2.0%
- Min Salary ₹ 27,000 p.m.
- Flexi Loans available
- Interest Rate15.99 - 23.00%
- Loans Upto 20 Lacs
- Tenure 1 - 4 Years
- Processing Fee up to 3.0%
- Min Salary ₹ 18,000 p.m.
- Digital Approval
- Interest Rate 10.99% - 18.50%.
- Loans Upto 35 Lacs
- Tenure 1-5 Years
- Processing Fee up to 2.5%
- Min Salary ₹ 25,000 p.m.
- Instant Approval
Personal Loan Billimora Features
A personal loan Billimora is provided based on your Company profile, credit score i.e CIBIL, net monthly income, and your employment history. There are no restrictions on the utilization of the personal loan amount. you can use this loan amount anywhere you like.
- Online Process: All you need to do is to fill the application form and upload/submit necessary documents to process your loan application. To apply for a personal loan, you don’t have to visit the bank as the whole process can be processed online.
- Fast disbursal: To ensure Fast disbursal of the loan amount to your account, the banks ask for minimum documentation and once all the information is verified, the loan is disbursed within 3-4 working days
- Funding: A personal loan amount starting from Rs. 50,000 to Rs. 50 lakh is offered by many banks and NBFCs in Adhewada and you can avail a loan amount as per your requirement and eligibility
- Loan Period: You can choose the tenure as per your repayment strength. When you avail a personal loan, you can repay it easily within the tenure of 12 to 60 months.
Personal Loan Billimora Interest Rates
Lender Type | Salaried | Self Employed | Self Employed Professional |
Banks | 10.50% – 19.0 % | 14.50% – 21.0 % | 12.50% – 20.0 % |
NBFCs | 12.5% – 22.0% | 15.5% – 24.0% | 13.5% – 23.0% |
Personal Loan in Billimora Documents Required
Income Proof:
- Salaried applicants:- The loan applicants have to show his salary slip of the last three months and bank statement for the last six months.
- Self-Employed applicants:- The loan applicants of personal loans should file ITR for the last three years, and his business should be registered.
- Basic KYC Documents: Every applicant has to provide his pan card, which is an essential document.
- Photograph: Two colored passport size photos ( loan applicants should not wear any glasses).
- Address proof: The documents required for the residence proof includes (ID card /Passport / Voter ID Card / Aadhaar card / Ration card / DL), and if the loan applicants are living in rental accommodations then they have to submit their Agreement, Electricity bill on his name and address of the owner.
Personal Loan Billimora Eligibility Criteria
The eligibility criteria are different for both Salaried and Self-Employed.
Self-Employed applicants
- Minimum age required for an independent person should be 25 years.
- The applicants applying for the personal loan should be filing ITR for the last three years.
- If the applicants are the businessman, then the business should be running from the previous three years.
- The credit score of the individual loan applicants should be good. There should not be any debt or dues left.
- The annual income of the loan applicants should be a minimum of Rs 2.5 lakh.
- The whole documentation process of the personal loan is that the loan applicant has to submit his financial and his bank statement of the previous three months.
Salaried applicants
- The minimum age requirements of individuals should be 21 years and maximum up to 60 years.
- The loan applicants must have the work experience of the three years. And the salary should be coming in their accounts only.
- The loan applicants must have an excellent credit history.
- The job location of the loan applicant should be mentioned.
- A borrower should have min. income in metro city RS 20,000 and in non -metro city RS 18,000
Why Apply for Personal Loan Billimora?
- There is no need to deposit any mortgage and collateral security to the bank.
- A personal loan is a multi-purpose offer loan. It can be used for all the problems related to finance.
- The amount of personal loan depends upon the repayment of individual income and capacity.
- A Personal Loan does not require any guarantor or nominee.
How to apply for Personal Loan Billimora?
- Visit www.dialabank.com.
- Go to the loan section and click on the personal loan link.
- The applicant will be directed to all details of the personal loan where they can choose their preferred city.
- For more information and free guidance, you may call on 9878981166.
Processing Fee / Prepayment Charges on Personal Loan Billimora
Every Bank and NBFC charges a fee for processing your Personal Loan application. These charges vary between 1.5% to 2.5% of the sanctioned loan amount.
In case you wish to foreclose your loan before the agreed loan tenure, every lending institution charges you a penal prepayment fee. In most cases, you cannot close your loan before 12 months. Post that the charges vary depending on how many years the loan has done. These charges vary from 4% of the outstanding loan amount in the 2nd year to 2% in the 4th year of the loan.
Personal Loan Billimora EMI Calculator
Equated Monthly Installments also know as EMI are the monthly fixed charges 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 determined. Your EMI is calculated basis the Interest Rate you are charged by the bank and the amount of loan you have to take and the period for which you enjoy the loan.
CIBIL Score required for Personal Loan Billimora
Every lending institution has their own criteria for the minimum CIBIL score required for processing a Personal Loan application in Delhi. Most institutions require a minimum score of 750 to process your loan application.
The institutions dont just look at the overall score but also the detailed behaviour on the previous loans taken. 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 avaialing a fresh loan.
Personal Loan Billimora Agents
Dialabank is the leading agent for availing Personal Loan in Delhi. You can apply online at www.dialabank.com or give a call at 9878981166
Dialabank helps you to find the best option of Banks and NBFCs by providing you the 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 with your personal and employment details. Our customer relationship managers will soon get in touch with you.
Personal Loan Billimora Contact Number
Call 9878981166 and get instant help and approval for Personal Loan in Delhi.
Pre Calculated EMI Table for Personal Loan Billimora
EMI in Rupees for 1 Lac of Loan Amount:
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 Billimora
Bilimora city is situated on the banks of the river Ambika, in Gandevi taluka and Navsari dist. of Gujarat. The city comes under the purview of the Surat Metro Region. The city is 70 km south of Surat and is the southernmost point of the Surat Metro Region and the Metropolis of Surat. Bilimora is linked to Surat by SH 6 and SH 88.
FAQs About Personal Loan Billimora
People who have an urgent need for cash and have a regular source of income (from employment or business) can apply for a Personal Loan in Billimora.
People who have an urgent need for cash and have a regular source of income (from employment or business) can apply for a Personal Loan in Billimora.
People who have an urgent need for cash and have a regular source of income (from employment or business) can apply for a Personal Loan in Billimora.
Most of the Banks and NBFCs provide a Personal Loan for a min period of 1 Yr and a Max period of 5 Years. There are some Banks which extend the maximum period to 7 Years also. The tenure is fixed and cannot be extended. The repayment has to be done in equal monthly installments within the agreed tenure of the loan.
Yes, there are 2 types of charges that one needs to pay in order to avail a personal loan in Delhi:
Processing Fee: For every bank or lending institution that you borrow from, there is a small fee that they charge from the customer. This is known as Processing Fee. The amount of processing fee varies for each lending institution and is normally between 1% and 2.5% 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 an extra amount known as pre-closure charges on the borrowed loan amount. Different banks have different pre-closure charges. The pre-closure charges vary depending on how many years has your loan completed before you decide to pre-close it.
Since Personal Loan is an unsecured loan, one of the most important decision criteria for getting your Personal Loan application approved is your CIBIL Score. Having a High CIBIL score becomes extremely important if you wish to avail of a Personal Loan in the future. Make sure you don’t skip 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 due to a low CIBIL Score.
