Major Personal Loan Providers in Dharmapuri
Feature | HDFC Bank | Private Bank | Bajaj Finance |
Interest Rate | 10.75% - 17% | 11.25% - 18.5% | 0.12 |
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 Dharmapuri Features
Are you in need of cash? Well, you do not have to worry. A personal loan is a sort of loan that is available for you. This kind of loan is not only of an unsecured nature with very fewer documents required with even lesser paperwork. Moreover, this kind of loan may be accepted in up to 48 hours to get approved following verification.
Personal Loan Dharmapuri gives financial aid assistance to all consumers at affordable as well as cost-effective interest prices. To get a Personal Loan, the candidate must have a relatively stronger and dependable source of income and a reasonably good credit history profile.
Also, there exists no stated end-use restriction on the value of the personal loan amount. Therefore, this loan sum can be used in whatever way wanted.
To ask for a personal loan, Dharmapuri click on the Personal Loan
Personal Loan Dharmapuri 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 |
Private 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 | 0.01 | 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 Dharmapuri
Salaried Customers:
- Identity proof (Aadhar card/driving license)
- Statements for the payroll of the past three months.
- Bank statements for the last 6 months
- PAN
- Proof for Residence (Own/Rent/Company provided)
- Passport-size photograph – 2
*NOTE: If one lives in paid apartments, a rent agreement needs to be attached.
Self-Employed Customers:
- Complete financial statements are needed(Balance Sheet, P&L Statement as well as ITR files)
- PAN Card
- Aadhar
- Residence Verification
- Passport-sized photos- 2
PERSONAL LOAN
Interest Rate 9.99%
Eligibility Criteria for Personal Loan Dharmapuri
Check here to understand more about personal loan eligibility
Salaried Applicants
- The base age of the applicant ought not to be under 21 years or over 60 years.
- The candidate must have a work recognition of in any event three years. The payment ought to have been moved in their records, as it were.
- The candidate should have an excellent credit history.
- The job position of the applicant should be considered.
- The borrower must have the least income of at least INR 25,000 p.m.
Click here to grasp more about a personal loan for- Salaried Applicant
Self-Employed Applicants
- The age of an independent body applying should be at least 25 years.
- The applicant asking for a personal loan should have been filing ITR for the past three years. If the candidate is a businessman, then the business is expected to be running well for the last 3 years.
- The candidate’s credit score should be good, and there must not be any money or any dues pending.
- The yearly income of the candidate should be no less than Rs 2.5 lakh.
- The entire document confirmation process for personal loan approval requires the applicants to present their financial statements and bank statements for the past three months.
Click here to know deeper about the personal loan for– Self-employed Applicant.
Why Apply for Personal Loan Dharmapuri?
- There is none hard and fast rule for the provision of depositing any mortgage or collateral as a promise to the bank.
- A personal loan is a set of multidimensional loans so that it can be used for any issue.
- The amount of personal loans is only based on the repayment capacity of the candidate.
- A Personal Loan does not require any candidate or guarantor.
How to apply for a Personal Loan Dharmapuri?
- Visit this website: Dialabank.
- Then, go to the loan part and go to the personal loan link. It will guide you to the detailed information of the personal loan where you can select your city. For more knowledge and free guidance, please call 9878981166.
PERSONAL LOAN
Interest Rate 9.99%
Processing Fee / Prepayment Charges on Personal Loan Dharmapuri
All Banks and NBFCs cost a set fee to process a Personal Loan form. This cost ranges between 1.5% to 2.5% of the sanctioned loan sum.
If you wish to end your loan before the decided loan tenure, all lending organizations will be charging you a penalty as a prepayment fee. Usually, you will not be allowed to terminate your loan before a period of 12 months. Post that, the prices differ based on the number of years the loan has completed. This charge differs from 4% of the remaining loan amount in the second year to 2% in the fourth year of the loan.
To perceive the interest rate check on the personal loan interest rate
Personal Loan Dharmapuri EMI Calculator
Equated Monthly Installments or EMI implies a monthly fixed rate that you are required to pay to the bank as monthly repayment for the secured loan amount. According to your form, the rate of interest on your loan is fixed. Therefore, the EMI on your loan is determined depending upon the Rate the bank credits you with and the loan amount you have to take, and the duration for which you take the loan.
CIBIL Score required for Personal Loan Dharmapuri
All the lending institutions have their own rules for a minimal CIBIL score needed to prepare a Personal Loan application in Dharmapuri. But, mostly, the institutions need a least score of at least 750 to process an application further.
No institution only sees the overall score. They also look at a developed view of the previous loans. The details involve the type of loans and the amount of money that was borrowed. If there exists any delay in the amounts of the previous loans, it may delay the approval of the present loan.
PERSONAL LOAN
Interest Rate 9.99%
Personal Loan Dharmapuri Agents
Dialabank is one of the leading agencies for availing Personal Loan in Dharmapuri. You can apply online at Dialabank or give a call at 9878981166
Dialabank assists you to look for the best choice of Banks and NBFCs by giving you access to an in-detail market comparative summary of various banks to help you pick the right one. Visit our website Dialabank and fill out a simple form with the features of personal and employment data. Our customer contact managers will be in touch with you shortly.
Personal Loan Dharmapuri Contact Number
Call 9878981166 and get timely support and approval for a Personal Loan in Dharmapuri.
Pre Calculated EMI Table for Personal Loan Dharmapuri
Check here for a personal loan EMI calculator
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 Dharmapuri
Dharmapuri is a city in the western part of Tamil Nadu, India. The city is located 126 km from Bangalore, 200 km from Coimbatore, 260 km from Mysore, and 300 km from Chennai.
FAQs About Personal Loan Dharmapuri
✅ Who can apply for a Personal Loan in Dharmapuri?
People who have an instant need for cash and have a regular source of income (from employment or business) can ask for a Personal Loan in Dharmapuri.
✅ What is the tenure of a Personal Loan in Dharmapuri?
Most banks and NBFCs give a Personal Loan for a min period of 1 Yr and a Max period of 5 Years. Some Banks extend the maximum period to 7 Years also. The tenure is set and cannot be reached. The repayment has to be made in equal monthly instalments within the agreed tenure of the loan.
✅ Are there any other charges involved in Personal Loan Dharmapuri?
Yes, there are 2 types of charges that one needs to pay to avail of a personal loan in Dharmapuri:
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 processing fee varies for each lending institution and is normally between 1% and 2.5% of the loan amount.
Pre-closure Charges: If you want to close a running loan before its decided 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 been completed before you decide to pre-close it.
✅ Can my application for Personal Loan Dharmapuri get rejected due to my CIBIL score?
Personal Loan, being an unsecured loan, one of the most significant 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 leave or delay any of your loan EMI payments or any credit card payments, as that will decrease your CIBIL score. Most of the Personal Loan rejections occur because of a low CIBIL Score.