Personal Loan Chikmagalur

⋆ 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 Chikmagalur

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 Chikmagalur Features

personal loan chikmagalurFacing a financial mishappening?

A Personal Loan can cover every bit of your problems and can help you achieve your future dreams.

If we talk about a Personal Loan Chikmagalur – It is a sum of funds which is offered by the banks and the NBFCs with a very affordable EMIs and low rate of interest, helping you to resolve any financial crunch you are facing. This loan type is unsecured and is with minimal documentation and paperwork. With the proper paperwork and verification process, you can get a loan approval within 48 hours.

While all other loans are specific, like a car loan for a car and a home loan for any property, a personal loan has no end-use restrictions. Meaning you can use the loan the way you like. For example, paying bills, funding a vacation, a wedding, etc.

A full detailed eligibility and documentation criteria are listed below that you have to follow for a personal loan.

Personal Loan Chikmagalur 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 Chikmagalur

Salaried Customers:

  1. PAN Card.
  2. Residence Proof (Owned/Rented apartment (rent agreement needs to be attached)/Company provided)
  3. Two Passport-sized photographs.
  4. Identity proof (Aadhar card/driving license)
  5. Salary slips of the last three months.
  6. Bank statements for the last 6 months.

Self-Employed Customers: 

  1. All financials books are required (Balance Sheet, P&L Statement as well as ITR files)
  2. Residence Proof (and rental agreement, if required)
  3. Two passport-sized photographs
  4. PAN Card
  5. Aadhar Card

personal loan at 10.75%*

Personal Loan Chikmagalur Eligibility Criteria

Salaried Applicants 

  1. The applicant should be between the age group of  (minimum) 21 to 60 (maximum).
  2. The applicants must have the work experience of the three years and the salary should be received in their accounts only.
  3. The applicants must have an excellent credit history.
  4. The job location of the applicant should be mentioned.
  5.  A borrower should have a minimum income of INR 25,000 per month

Self-Employed Applicants 

  1. The applicant should be between the age group of  (minimum) 25 to 60 (maximum).
  2. The applicant should file ITR for the last three years.
  3. If the applicant is a businessman, then the business should be open and running for the past three years.
  4. The applicants must have an excellent credit history.
  5. The annual income of the applicants should be a minimum of Rs 2.5 lakh.
  6. The applicants must submit financial and bank statements for the previous three months.

Why Apply for Personal Loan Chikmagalur?

  1. There is no need to deposit any mortgage and collateral 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 repayment of individual income and capacity.
  4. Personal Loan does not require any guarantor or nominee.

How to apply for Personal Loan in Chikmagalur?

To apply for an Instant Personal Loan Chikmagalur, Applicants don’t need to visit the bank’s branch as applicants can apply for it online at DialaBank.com.

  1. Visit www.dialabank.com.
  2. Go to the loan section and click on the personal loan link.
  3. The applicant will be directed to all details of the personal loan where they can choose their preferred city.
  4. For more information and free guidance, you may call on 9878981166.

personal loan at 10.75%*

Processing Fee / Prepayment Charges on Personal Loan in Chikmagalur

Every Bank and NBFC charges a fee for processing your Personal Loan Chikmagalur application. These charges are 1% of the 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 EMI Calculator Chikmagalur

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.

To calculate your EMI: Personal Loan EMI Calculator

CIBIL Score required for Personal Loan Chikmagalur

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

The institutions don’t just look at the overall score but also the detailed behavior 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 availing a fresh loan.

personal loan at 10.75%*

Personal Loan Chikmagalur Agents

Dialabank is the leading agent for availing Instant Personal Loan in Chikmagalur.

You can apply online at www.dialabank.com or give a call at 9878981166.

Personal Loan Chikmagalur Contact Number

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

Pre Calculated EMI Table for Personal Loan Chikmagalur

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 Chikmagalur

Chikmagalur, known officially as Chikkamagaluru, is a city and the headquarters of Chikmagalur district in Karnataka state, India. Situated on the foothills of the Mullayanagiri peak of the Western Ghats. It attracts tourists from around the state for its pleasant and favourable hill station climate, tropical rainforest, and coffee estates.

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