Personal Loan Gwalior

⋆ Interest Rate 9.99% ⋆

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      Rates as low as 9.99%*
      Loans Up to 30 Lacs
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      Personal Loan Gwalior

      Best Banks for Personal Loan in Gwalior

      Feature HDFC Bank ICICI 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 in Gwalior Features

      Personal Loans Gwalior is provided to solve your immediate financial needs, such as you may need funds for marriage celebrations. This loan provides flexibility in the use of funds as per your needs. The loan is provided to those individuals who have good CIBIL scores or good credit transaction history.

      Personal Loan Gwalior is an unsecured loan that provides financial aid to customers at affordable interest rates. To get a Personal Loan Gwalior, the applicant needs to have a stable and good income source and a good credit history. Furthermore, there is no end-use restriction on the use of the personal loan Gwalior amount. Therefore, you can use this Personal loan amount anywhere you want to pay.

      Personal Loan in Gwalior 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 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

      Personal Loan Gwalior

      Documents Required for Personal Loan in Gwalior

      Salaried Customers:

      1. Identity proof (Aadhaar 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 the case of rented apartments, a 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. Aadhaar Card
      4. Residence Proof
      5. Two passport-sized photographs


      Interest Rate 9.99%


      Personal Loan in Gwalior Eligibility Criteria

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

      Salaried Applicants

      1. The minimum age requirements of the individual should be 21 years and a maximum of up to 60 years.
      2. The applicants must have work experience of 3 years.
      3. The applicants must have a clean or 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 minimum age requirement for an independent person should be 25 years.
      2. The applicants applying for the personal loan Gwalior should file ITR for the last 5 years.
      3. If the applicant is a businessman, the business should be efficiently running for the past three years.
      4. The credit score of the individual applicants should be good or valid
      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 Gwalior is that the applicants have to submit their financial bank statement of the previous three months.

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

      Why Apply for Personal Loan in Gwalior?

      1. There is no need to provide or deposit any Asset mortgage and collateral security to the bank.
      2. A personal loan Gwalior is a multi-purpose offer loan.
      3. The amount of personal loan Gwalior depends upon the repayment of individual income and capacity.
      4. A Personal Loan Gwalior does not require any guarantor or nominee.

      How to apply for Personal Loan in Gwalior?

      1. Visit Dialabank.
      2. Select the loan section and click on the personal loan link.
      3. The applicant will be sn to all details of the personal toy can choose their preferred city.
      4. For more details and free guidance, you may call on this number 9878981166.


      Interest Rate 9.99%


      Processing Fees/Prepayment Charges on Personal Loan in Gwalior

      Every Bank and NBFC charges a processing fee for a Personal Loan application. These can vary from 1% of the sanctioned loan amount.

      In case you want to foreclose your loan before the agreed loan tenure, every lending institution charges a penal prepayment fee. In most cases, you cannot close or wind up your loan before 12 months. Post that, the charges vary depending on how many years the Personal loan has been done or the period of personal loan Gwalior. These charges vary from 4% of the outstanding Personal loan amount in the 2nd year to 2% in the fourth year of the loan.

      Personal Loan EMI Calculator Gwalior

      Equated Monthly Installments also known as EMI, are the monthly fixed charges you pay to the bank for the loan amount borrowed. Based on your profile, the interest rate on your Personal loan Gwalior is determined. Your EMI is calculated using a personal loan EMI calculator basis the Interest Rate the bank charges you, the amount of personal loan you have to take, and the period for which you enjoy the Personal loan Gwalior.

      CIBIL Score required for Personal Loan Gwalior

      Every lending institution has its own criteria for the minimum CIBIL score required for processing a Personal Loan application in Gwalior. However, most institutions require a minimum score of 650 to 750 to process your loan application.

      The institutions also check out the detailed behaviour on the previous loans taken. This includes details on the type of Personal loan taken and the amount borrowed from the bank. Any delayed payments for previous loans can create an obstacle to your availing of a fresh loan.


      Interest Rate 9.99%


      Personal Loan Gwalior Agents/Broker

      Dialabank is the leading agent for availing of Personal Loan Gwalior. Dialabank helps find the best option for Banks and NBFCs by providing you with the best offers after a detailed market comparison to make the right choice of personal Loan Gwalior. Go to the website and fill a simple form with your personal and employment details. Our customer relationship managers will soon get in touch or have a call with you.

      Personal Loan Gwalior Contact Number

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

      Pre Calculated EMI Table for Personal Loan Gwalior

      5 Yrs
      4 Yrs
      3 Yrs

      About Gwalior

      Gwalior is a city of the Indian state of Madhya Pradesh; places are known, including the Sas Bahu Ka Mandir intricately carved Hindu temple. Old Gwalior Fort occupies a sandstone plateau overlooking the city and is accessed via a winding road lined with sacred Jain statues. Within the fort’s high walls is the ancient 15th-century Gujari Mahal Palace, now it’s an archaeological museum.

      FAQs About Personal Loan Gwalior

      Who can apply for a Personal Loan in Gwalior?

      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 Gwalior.

      What is the tenure of a Personal Loan in Gwalior?

      Most banks and NBFCs offer a Personal Loan for a minimum period of 1 Yr and a maximum of 5 Years. There are some Banks which expand the maximum period to 7 Years also. The tenure is determined and cannot be extended. You have to pay your loan amount in equal monthly instalments within the agreed tenure of the loan.

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

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

      Processing Fee: For every lending institution you borrow from, the customer charges a fee, known as Processing Fee. The amount of processing fee alters for each lending institution and is normally 1%  of the loan amount.

      Pre-closure Charges: Whenever you wish to close a running loan before its agreed tenure duration, the Banks and NBFCs charge a supplementary amount known as pre-closure charges on the borrowed loan amount. Different banks have different pre-closure charges. The pre-closure charges vary on how many years your loan has been completed before you decide to pre-close it.

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

      Since a Personal Loan is a not secured loan, one of the important criteria for getting your Personal Loan application approval is your CIBIL Score. Having a good CIBIL score becomes extremely important if you wish to get 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.