Major Personal Loan Providers in India
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
Preclosure Charges
2%, Nil foreclosure charges after 12 months
2%, Nil foreclosure charges after 24 months
Nil
Overdraft Facility
No
No
Yes
Personal Loan India Features
From fulfilling your child’s dreams of making your own desires come true finance is the major aspect we look into. Sufficient funds lead to the open road of aspirations whereas insufficient funds can lead to incomplete dreams. Why live a life of regrets when you can fulfil all your goals with a little financial push i.e. Personal Loan. Dialabank assists in selecting the best bank for a personal loan that suits your profile.
Such kinds of loans demand minimal documentation possible. This loan can get validated within 48 hours after a successful attestation process. Personal loan India is an unsecured loan that renders monetary aid to clients at affordable interest rates. To get a Personal Loan, the claimant needs to have a rigorous and reliable source of revenue and has good credibility.
And you know What? This loan does not have any particular field of usage associated with it so you can use it anywhere you wish to. Click here to get an instant personal loan
Personal Loan India Interest Rates
To apply for a personal loan in India click on Personal Loan
To check Personal Loan Interest Rate for all major banks you can visit: Personal Loan Interest Rates
Bank
Processing Fee
HDFC Bank Personal Loan
0.25% to 1.50%
Axis Bank Personal Loan
0.50% to 1.50%
Nil
Private Bank Personal Loan
0.25% to 1.50%
SBI Personal Loan
500/- to 0.50%
Nil
Kotak Personal Loan
1% to 2%
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
Documents Required for Personal Loan India
Salaried Customers:
- Identity proof (Aadhar card/driving license)
- Salary slips of ending three months
- Bank declarations for the last 6 months of the applicant
- PAN Card for verification
- Residence Proof (Owned/Rented/Company provided)
- Passport-sized photos – 2
*NOTE: In the case of rented apartments, a rent agreement needs to be attached.
Self-Employed Customers:
- All financial statements are required (Balance Sheet, P&L Statement as well as ITR files)
- PAN Card of the applicant
- Aadhar Card for identity verification
- Residence Proof of the applicant
- Two passport-sized photographs
PERSONAL LOAN
Interest Rate 9.99%
Eligibility Criteria for Personal Loan India
Click here to know more about personal loan eligibility.
Salaried Applicants
- The minimum age requirements of the individual should be 21 years and a maximum of up to 60 years.
- The applicants must have work experience of three years. And the salary should be received in their accounts only.
- The applicants must have an excellent credit history.
- The job location of the applicant should be mentioned.
- A borrower should have a minimum income of INR 25,000 per month
Self-Employed Applicants
- The minimum age requirement for an independent person should be 25 years.
- The applicants applying for the personal loan should file ITR for the last three years.
- If the applicants are the businessman, then the business should be running from the past three years.
- The credibility of the applicants should be competent.
- The year-long income of the candidates should be a minimum of Rs 2.5 lakh.
- The applicant is obligated to proffer his financial and his bank statement of the preceding three months.
Why Apply for Personal Loan India?
- You are not required to acquire any of your assets.
- This loan is a versatile loan. It can be used wherever you need it.
- The sum of a personal loan depends upon the regularity of individual income and capacity.
- Such a loan does not require any guarantor or nominee.
How to apply for Personal Loan India?
- Visit Dialabank.
- Go to the loan segment and click on the personal loan link.
- The claimant will be directed to all details of the personal loan where they can pick their preferred city.
- For more information and free supervision, you may call on 9878981166.
PERSONAL LOAN
Interest Rate 9.99%
Processing Fee / Prepayment Charges on Personal Loan India
Every lending organization tends to charge an application fee for processing your personal loan. These charges fluctuate between 1% of the authorized loan amount.
In case you are thinking of foreclosing your loan ere the agreed loan tenure, then these banks will charge you a punitive prepayment fee. In most cases, you cannot close your loan before 12 months. Post that the costs vary depending on how many years the loan has been done. These prices range from 4% of the outstanding loan sum in the 2nd year to 2% in the 4th year of the credit.
To grasp the interest rate click on the personal loan interest rate
Personal Loan India 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 loan is determined. Your EMI is calculated using a personal loan EMI calculator basis the Interest Rate you are charged by the bank and the amount of loan you have to take and the period for which you enjoy the loan.
CIBIL Score required for Personal Loan India
Every lending establishment has its standards for the merest CIBIL score expected for processing a Personal Loan application in India. Most institutions demand a minimum score of 750 to concoct your credit application.
The institutions want to assess your score and your conduct on the earlier loans taken. This combines specifications on the type of loan taken and the amount acquired. Any dawdled payments for preceding loans can serve as a hindrance to your availing a fresh loan.
PERSONAL LOAN
Interest Rate 9.99%
Personal Loan India Agents
Dialabank is the preeminent agency for advising on Personal Loan in India. You can apply online at Dialabank or give a call at 9878981166
Dialabank helps you to find the most desirable option of Banks and NBFCs by rendering you with a specific market observation of different banks so that you can make a perfect choice. Visit our website and fill a simple questionnaire with your private and employment details. Our customer association managers will shortly get in touch with you.
Personal Loan India Contact Number
Call 9878981166 and get instantaneous help and endorsement for a Personal Loan in India.
Pre Calculated EMI Table for Personal Loan India
Click here for a personal loan EMI calculator
About India
India is a country with a huge diversity of culture and heritage. It is a country where many religions are practised and followed altogether. India is one of the largest democratic countries in the world that reflects that every Indian is valuable in an economy. With a population of 1,210,193,422 inhabitants living and nurturing, India is the world’s second-most populated country.
