Personal Loan Durgapur

⋆ 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

Major Personal Loan Providers in Durgapur

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 Durgapur Features

Personal loan durgapur

Do you need money for the purchase of machinery? Do you need money for the renovation of the house? Here is the solution, you can avail of the personal loan. This loan is an instant loan that can be provided without any collateral or security pledge and for your urgent financial needs.

The personal loan provides flexibility in using the funds borrowed from the bank. Unlike car loans, there is no compulsion to use the money for specific car purchases only.   

Personal Loan Durgapur is an unsecured loan that provides financial aid to the customers at affordable interest rates. To get a Personal Loan, the applicant needs to have a good source of income and has a good credit history.

Furthermore, there is no end-use restriction on the use of the personal loan Durgapur amount. You can use this loan amount as per your need

Personal Loan Durgapur 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 Durgapur

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: In 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 at 10.75%*

Eligibility Criteria for Personal Loan Durgapur

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

Salaried Applicants

  1. The minimum age requirements of the individual 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 credited in their accounts only.
  3. The applicants must have a good 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

Click here to know more about- Personal Loan Salaried Applicant

Self-Employed Applicants

  1. The credit score of the individual applicants should be valid.
  2. The minimum age requirement for an independent person should be 25 years.
  3. The applicants applying for the personal loan should file ITR for the last few years.
  4. If the applicants are the businessman, then the business should be running from the past three year
  5. The annual income of the applicants should be a minimum of Rs 2.5 lakh.
  6. The whole documentation process of the personal loan is the applicants have to submit his financial and his bank statement of the previous three months.

Click here to know more –Personal loan Self-employed Applicant

Why Apply for Personal Loan Durgapur?

  1. There is no need for any mortgage and collateral security to the bank.
  2. A personal loan is a multi-purpose offer loan. It can be used as per your need
  3. The amount of personal loan depends upon individual income and capacity.
  4. There is no need for any guarantor or Nominee
  5. Personal loan Durgapur interest rate is low @9.99% p.a.

How to apply for Personal Loan Durgapur?

  1. Visit Dialabank
  2. Click on the loan section and click on the personal loan link.
  3. The applicant will get all details of the personal loan where they can choose their preferred city.
  4. For more details and free assistance, you may call on 9878981166.

personal loan at 10.75%*

Processing Fee / Prepayment Charges on Personal Loan Durgapur

Every Bank and NBFC charges a fee for processing your Personal Loan Durgapur application. These charges vary between 1.5% to 2.5% of the sanctioned 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 are not allowed to close your loan before 12 months. Post that the charges vary depending on how long the loan has taken. These charges vary from 4% of the outstanding loan amount in the second year to 2% in the 4th year of the loan.

Personal Loan Durgapur EMI Calculator

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 personal loan Durgapur is determined. Your EMI is calculated basis the Interest Rate the bank charges you and the amount of Personal loan Durgapur you have to take and the period for which you enjoy the loan. The Personal Loan EMI Calculator as follows:

CIBIL Score required for Personal Loan Durgapur

Every lending institution has its own criteria for the minimum CIBIL score required for processing a Personal Loan Durgapur application in Durgapur. Most banks require a minimum score of 650 to process your loan application.

The institutions don’t just look at the overall score but also the detailed behaviour on the previous loans taken. This includes details on the type of loan taken and the amount borrowed. Any pending payments for previous loans can act as a barrier to your availing a fresh loan.

personal loan at 10.75%*

Personal Loan Durgapur Agents

Dialabank is the leading agent for availing Personal Loan Durgapur. You can apply online at Dialabank or contact through mobile phone at 9878981166

Dialabank helps you to find the best option of NBFCs and Banks by providing you with a detailed market comparison of different banks so that you can make the right choice. Go to the website Dialabank and fill a simple form with your personal and employment details. Our customer relationship managers will soon Call you.

Personal Loan Durgapur Contact Number

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

Pre Calculated EMI Table for Personal Loan Durgapur

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 Durgapur

Durgapur is a Tier-II city and a municipal corporation in the Paschim Bardhaman district in the Indian state of West Bengal. It is the fourth-largest urban agglomeration after Kolkata, Asansol, and Siliguri in West Bengal and was planned by two American architects, Joseph Allen Stein and Benjamin Polk in 1955.

FAQs About Personal Loan Durgapur

Who can apply for a Personal Loan in Durgapur?

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 Durgapur.

What is the tenure of Personal Loan in Durgapur?

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 Durgapur?

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

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 personal loan Durgapur 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 Durgapur 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.

Other personal loan cities in West Bengal

Personal Loan Habra Personal Loan Haldia
Personal Loan Howrah Personal Loan Hugli
Personal Loan Jaigaon Personal Loan Jalpaiguri
Personal Loan Jangipur Personal Loan Kaliaganj

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