Personal Loan Dehradun

To check Personal Loan Interest Rate for all major banks you can visit: Personal Loan Interest Rates

Documents required for Personal Loan Dehradun

The documents required for a personal loan varies from a salaried customer to a self-employed customer in the following manner:

Salaried Customers:

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

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 Dehradun Eligibility Criteria

The personal loan eligibility criteria for both Salaried and Self-Employed are different. It is based on the bank which has to approve the request of the applicant regarding the credit. There are two categories of applicants:

1. Salaried
2. Self-employed

There are various eligibility criteria for both applicants:

Salaried Applicants

1. Minimum age requirements of individuals should be 21 years and maximum up to 60 years.
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. Job location of the applicant should be mentioned.

Self-Employed Applicants

1. The minimum age requirement for an independent person should be 25 years.
2. The applicants applying for the personal loan should file ITR for the last three years.
3. The whole documentation process of the personal loan is the applicants have to submit his financial and bank statements of the previous three months.
4. If the applicants are the businessman, then the business should be running from the past three years.
5. The individual applicants’ credit score should be good .there should not be any debt or dues left.
6. The annual income of the applicants should be a minimum of Rs 2.5 lakh.

Why Apply for Personal Loan in Dehradun?

1. No Securities: The securities for these loans are not required. These loans are based on the monthly or annual income of the applicants.
2. Interest Rates: These loans have a very competitive rate of interest. Some of the banks offer the cheapest of loans in this category.
3. Tenure: The time period of these loans can be extended to 5 years. There are some of the exceptions too.
4. Quick Processing: The loans are processed in no time after the verification of the documents.
5. Easy Installments: The applicant can choose the number and amount of the instalments for this loan according to his affordability.
6. Minimum Documentation: The documents needed by the banks to avail of these loans are basic documents.
7. Credit Score: Some of the applicants apply for these loans to improve their credit score.

How to apply for Personal Loan in Dehradun?

Applying for a personal loan is easy with DialaBank. Get an instant personal loan on applying online with DialaBank. Just follow the steps below to enjoy a hassle-free experience:

1. Visit our website Dialabank.
2. Go to the loan section and click on the personal loan link.
3. The applicant will be required to fill in all the details of themselves.
4. Click on Request a quote and our relationship manager will soon get in touch with you.
5. For more information and free guidance, you may call on 9878981166.

Processing Fee / Prepayment Charges on Personal Loan Dehradun

Every Bank and NBFC charges two kinds of fee for on Personal Loan application.

1. The processing fee charges are mandatory for every ban/NBFC. The Personal Loan Dehradun processing fee is 1% of the sanctioned loan amount.
2. The other is pre-closure charges applicable if you wish to foreclose your loan before the agreed loan tenure. 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 loan’s 4th year.

Personal Loan EMI Calculator Dehradun

Equated Monthly Installments also know as EMI is the monthly fixed amount that the customer or applicant has to pay to the bank as the loan amount. The applicant is the borrower in such cases, and the bank is the lender. EMI varies according to your loan amount and tenure. You can find the Personal loan EMI calculator on DialaBank’s website.

CIBIL Score required for Personal Loan Dehradun

CIBIL Score is the history of your payments that you have done in the past. The CIR (Credit Information Report) is the history of your credit score which checks your account’s history for different loans that you have taken (if any) and the credit card history (if you have).

1. Mostly a CIBIL score of 750 and above is considered good while applying for a personal loan.
2. The better the CIBIL score, the easier it becomes to avail the loan.

Personal Loan Dehradun Agents

Dialabank is associated with various banks and NBFCs in Dehradun that provide personal loans at low-interest rates. Thus, DialaBank is the leading agent for availing Personal Loan Dehradun. You can also apply online at Dialabank or give a call at 9878981166.

1. We do not charge any extra fees from our customers.
2. We are always ready to help our applicants and are available 24/7.
3. The approval process is time-saving if you apply through DialaBank.
4. The Loan gets disbursed within 24 hours.
5. Our experts will assist you, and our relationship managers will provide guidance.

Personal Loan Dehradun Contact Number

Call 9878981166 and get instant help and approval for Personal Loan Dehradun.

Pre Calculated EMI Table for Personal Loan Dehradun

About Dehradun

Dehradun is the capital of Uttarakhand. It is in the centre of the heavenly Doon Valley and surrounded by the lower ranges of mountains in the Himalayas to the north and Shivalik mountain ranges to the south. Because of its geographical location, it is also called Doon Valley.

FAQs About Personal Loan Dehradun

✅ Who can apply for a Personal Loan in Dehradun?

People who urgently need cash and have a regular income source (from employment or business) can apply for a Personal Loan in Dehradun.

✅ What is the tenure of Personal Loan in Dehradun?

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 instalments within the agreed tenure of the loan.

✅ Are there any other charges involved in Personal Loan Dehradun?

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

Processing Fee: For every bank or lending institution you borrow from, there is a small fee that they charge from the customer. This is known as Processing Fee. The personal loan Dehradun processing fee is 1% 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 Dehradun 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 to decrease your CIBIL score. Most of the Personal Loan rejections happen due to a low CIBIL Score.

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