Personal Loan Guntur

⋆ 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 Guntur

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 Guntur Featurespersonal loan guntur

Personal Loan GunturAre you running short of cash? Need not worry! Individuals can apply for a loan as per requirement. This loan is unsecured in nature with minimal documentation and less paperwork. This loan can get approved within 2 days after the verification process.

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

Along with that, there is no end-use restriction on the use of the personal loan amount.

Personal Loan Guntur 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 Guntur

Salaried Customers:

  1. Identification Proof, i.e. Aadhar card or 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 Guntur

The eligibility criteria for both Salaried and Self-Employed are different:

Salaried Applicants

  1. The minimum age of the applicant has to be 21 years with a maximum limit of 60 years.
  2. Minimum work experience required for the applicant is for three years. And they need to have a salaried account.
  3. Excellent credit history is a must for application.
  4. The complete job description of the applicant is required.
  5. The minimum base salary of the borrower should INR 25,000 per month.

Click here to know more about- Salaried Applicant

Self-Employed Applicants

  1. The minimum age requirement for an independent person should be 25 years.
  2. Filed ITR for the last three years.
  3. For a business person, the business should be running from the past three years.
  4. Reliable credit score.
  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 – Self-employed Applicant

Why Apply for Personal Loan Guntur?

  1. There is no need to deposit any collateral security to the bank.
  2. A personal loan is a multi-purpose offer loan and for any problems related to finance.
  3. The sanctioned amount of personal loan depends on the repayment of individual income and capacity.
  4. A Personal Loan does not require any nominee or co-borrower.

How to apply for Personal Loan Guntur?

  1. Visit Dialabank
  2. Go to the loan section.
  3. Click on the personal loan link.
  4. The applicant is directed to all details of the personal loan.
  5. Choose their preferred city.
  6. Call on 9878981166.

personal loan at 10.75%*

Processing Fee / Prepayment Charges on Personal Loan Guntur

Every lending party charges a fee for processing your Personal Loan application. The Personal Loan Guntur processing fees 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 personal loan before a year. Post that the charges vary depending on several years the loan has done. These charges range from 4% of the loan amount in the 2nd year to 2% in the 4th year of the loan.

Personal Loan Guntur 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 rate of interest on your loan is determined. Your EMI is calculated basis the Rate of Interest that the bank charges you, the loan amount you have to take and the tenure for which you enjoy the loan.

CIBIL Score required for Personal Loan Guntur

Every lending institution has its set of criteria for the minimum CIBIL rating required for processing a Personal Loan application in Guntur. Most institutions require a minimum score of 750 points to process your loan application.

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

personal loan at 10.75%*

Personal Loan Guntur Agents

Dialabank is the leading agent for availing Personal Loan in Guntur. Please apply online at Dialabank or reach us at 9878981166

Dialabank helps you to find the best option of lending institutions by providing you with a detailed market comparison of different banks so that you can make the right choice. Visit Dialabank and fill a form with your employment and personal details. Our customer relationship assistants will soon get in touch with you.

Personal Loan Guntur Contact Number

Call 9878981166 and get approval for Personal Loan Guntur.

Pre Calculated EMI Table for Personal Loan Guntur

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 Guntur

Personal Loan GunturThe city Guntur is the administrative headquarters of Guntur district of Andhra Pradesh. It is the 24th most densely populated city of the world and 11th of India. It is located 40 miles to the north of the Bay of Bengal, on the Eastern Coastal Plains.

FAQs About Personal Loan Guntur

Who can apply for a Personal Loan in Guntur?

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 Guntur.

What is the tenure of Personal Loan in Guntur?

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 Guntur?

Sure, there are 2 kinds of prices that one desires to pay for you to avail a private loan in Guntur:

Processing charge: For every financial institution or lending organization that you borrow from, there may be a small fee that they charge from the purchaserthis is known as a Processing charge. The Personal Loan Guntur processing fees are 1% of the loan amount.

Pre-closure expenseson every occasion, you need to close a jogging loan earlier than its agreed tenure length, the Banks and NBFCs fee a further quantity referred to as pre-closure prices at the borrowed mortgage quantityDifferent banks have special pre-closure charges. The pre-closure expenses vary relying on how many years has your loan finished earlier than you decide to pre-close it.

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

As a private mortgage is considered as an unsecured loan, the CIBIL score has a prime role in availing this sort of mortgage. It will become all the extra critical to keep a high CIBIL rating to avail of a non-public loan within the futureEnsure that you don’t bypass any of your mortgage EMIs or any credit payments as to result in lowering your CIBIL ratingMaximum of the private mortgage rejections appear because of a low CIBIL score.

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