Personal Loan Cuttack

⋆ Interest Rate 9.99% ⋆

Check Special Offers During COVID-19

I have read the Privacy Policy & Agree to Terms & Conditions and authorize Dialabank & its partner institutions to Call or SMS me with reference to my application.

Why us?

Rates as low as 9.99%*
Loans Up to 30 Lacs
Same Day Disbursal
Doorstep Service
Unbiased Experts Advice

Major Personal Loan Providers in Cuttack

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 Cuttack Features

Personal Loan Cuttack will solve any issues of your life and removes the financial burden from your shoulders.

Some of the benefits of Personal Loan Cuttack are:

  1. Avail when you are having an immediate need for financial help.
  2. Minimum documentation required.

Personal Loan CuttackPersonal Loan Cuttack 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 for Personal Loan Cuttack

Documents required to avail a personal loan vary for salaried customers and self-employed ones. Following are the important documents for both kinds of customers:

Salaried Customers:

  1. PAN Card is required
  2. Residence Proof
  3. photographs – 2
  4. Bank slips for the last 6 months
  5. In the case of rented apartments, rent agreement needs to be attached.

Self-Employed Customers:

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

personal loan at 10.75%*

Eligibility Criteria for Personal Loan Cuttack

Personal Loan Eligibility criteria for both Salaried and Self-Employed are different:

Salaried Applicants

  1. The minimum age of the applicant should be 21 years and maximum of up to 60 years.
  2. If the borrower should have a salary of minimum Rs.18,000 per month
  3. The borrower must have the work experience of the last three years, and the salary should come in their account only.
  4. The person must have a good CIBIL score.The documentation process for Personal Loan Cuttack is straightforward; they have to submit their bank statement of the last three months and the salary slip of the previous six months.

To know more about: Personal Loan for Salaried Applicant

Self-Employed Applicants

  1. The self-employed person’s age should be minimum of 25 years.
  2. The applicant should file ITR at least for the last three years.
  3. And the applicant is a businessman than his business should be running from the last three years.
  4. The age of the applicant should be 25 years.

To know more about: Personal Loan for Self-employed Applicant

Why Apply for Personal Loan Cuttack?

  1. The Loan amount depends upon the income and repayment capability of the applicant.
  2. No cosigner needed for Personal Loan Cuttack.
  3. Personal Loan does not require any guarantor or nominee.

How to apply for Personal Loan Cuttack?

To apply for an Instant Personal Loan Cuttack, Applicants don’t need to visit the bank’s branch as applicants can apply for it online at DialaBank.com. The process is very easy & handy. This involves only a few steps:

  • Click here and fill the form.
  • Relationship Manager Will Call applicant in Next 2 Working Hours.
  • Compare personal loan offers from several banks and NBFCs on the DialaBank website.
  • Check the eligibility and View the best offers available.
  • Select the desired bank or keep in contact with the Relationship Manager of DialaBank for more assistance.
  • After your documents are verified, the bank’s executive will give the applicant a verification call.
  • The amount will get disbursed to the applicant’s account within 3-5 working days if the loan gets approved.

personal loan at 10.75%*

Processing Fee / Prepayment Charges on Personal Loan Cuttack

Every Bank and NBFC charges two kinds of fees from its customers. The first is a fee for processing your Personal Loan application. These charges vary between 1% to 2.5% of the sanctioned loan amount.

Personal Loan Cuttack EMI Calculator

The Personal loan EMI Calculator can be used to know your EMI value on your loan amount. Equated Monthly Installments also know as EMI are the monthly charges that you pay to the bank as monthly repayment for the loan amount borrowed. Based on your profile, income, loan amount, and tenure the interest rate on your loan is determined. Your EMI is calculated basis the Interest Rate you are charged by the bank which is required to be paid every month.

CIBIL Score required for Personal Loan Cuttack

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

  1. Most institutions require a minimum score of 750 to process your loan application.
  2. 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 Cuttack Agents

Dialabank helps you in comparing various banks and NBFCs so that you can avail of the best offers available according to your need. DialaBank is your best agent available for a Personal Loan in Cuttack. 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. We do not charge you for our services and its free.
  2. The loan gets disbursed within 24 hours of applying with us.
  3. Our relationship manager guides and assists you through the entire process.

Personal Loan Cuttack Contact Number

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

Pre Calculated EMI Table for Personal Loan Cuttack

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 Cuttack

Cuttack is the former capital and the second-largest city in the Indian state of Odisha. Cuttack experiences a tropical wet and dry climate. Cuttack has many temples and religious places. Many festivals are celebrated in Cuttack.

Other Personal Loan Cities in Odisha

Personal Loan Chhendipada Personal Loan Cuttack
Personal Loan Damanjodi Personal Loan Deogarh
Personal Loan Dhokata Personal Loan Goudgop
Personal Loan Jahanpur Personal Loan Jajpur

FAQs About Personal Loan Cuttack

Who can apply for a Personal Loan in Cuttack?

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 Cuttack.

What is the tenure of Personal Loan in Cuttack?

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.

Are there any other charges involved in Personal Loan Cuttack?

Yes, there are 2 types of charges that one needs to pay in order to avail a personal loan in Cuttack:

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.

Can my application for Personal Loan Cuttack get rejected due to my CIBIL score?

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.

Menu