Personal Loan Cochin

⋆ 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 Cochin

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 Cochin Features

Personal Loan Cochin

It is safe to say that you are forcing short to leave money? Try not to stress Personal Loan Cochin is accessible for you. This advance is unstable in nature with insignificant documentation and less administrative work. This credit can get affirmed inside 48 hours after the check procedure.

Individual Loan Cochin is an unstable credit that gives a budgetary guide to the clients at moderate financing costs. To get a Personal Loan, the candidate needs to have an unbending and great wellspring of pay and has a decent record.

Moreover, there is no closure use limitation on the utilization of the individual loan amount. You can utilize this advance sum anyplace you need to do.

Personal Loan Cochin Interest Rates and Charges

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

Personal Loan in Cochin Documents Required 

Salaried Customers:

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

NOTE: The rental agreement will be used in the case of leased apartments.

Self-Employed Customers:

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

personal loan at 10.75%*

Personal Loan in Cochin Eligibility Criteria

The eligibility criteria for both Salaried and Self-Employed for a Personal Loan Cochin are different:

Salaried Applicants

  1. The base age necessity for a free individual ought to be 25 years.
  2. The candidates applying for the individual advance should record ITR throughout the previous three years.
  3. On the off chance that the candidates are the specialist, at that point, the business ought to be running from the previous three years.
  4. he financial assessment of the individual candidates ought to be acceptable. There ought not to be any obligation or duty left.
  5. The yearly pay of the candidates ought to be at least Rs 2.5 lakh.
  6. The entire documentation procedure of the individual credit is the candidates need to present his money related and his bank articulation of the past a quarter of a year.

Self-Employed Applicants

  1. An autonomous adult should have a minimum age of 25 years. 
  2. Over the last three years, ITR should be submitted by candidates applying for the personal loan. 
  3. The company will run from the last three years if the applicants are the businessman. 
  4. There will be no debt or levies left for each applicant’s credit score. 
  5. The applicants’ annual revenue should be at least Rs 2.5 lakh. 
  6. The borrowers must apply their financial and bank statements from the previous three months during the personal loan documentation process.

Why Apply for Personal Loan Cochin?

  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 Cochin?

To apply for an Instant Personal Loan Cochin, 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 Cochin

Every Bank and NBFC charges a fee for processing your Personal Loan Cochin 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 Cochin

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 Cochin

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

Dialabank is the leading agent for availing Personal Loan in Cochin. You can apply online at Dialabank or give a call at 9878981166

Personal Loan Cochin Contact Number

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

About Cochin

Kochi, otherwise called Cochin, is a significant port city on the south-west shore of India. It is a piece of the area on Ernakulam in the territory of Kerala and is frequently alluded to as Ernakulam. Kochi is the most thickly populated city in Kerala. Starting in 2011, it has a partnership to constrain the number of inhabitants in 677,381.

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