Personal Loan Kanchipuram

Major Personal Loan Providers in Kanchipuram

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 Kanchipuram Features

Personal Loan KanchipuramA Personal Loan is a loan that can be taken for any personal purpose like wedding expenses, paying medical bills, home improvements, planning a vacation, etc. There is no need to put any asset like a home or a vehicle at stake to avail this loan. It is a convenient deal for people who do not want to risk their valuable assets. When one does not have cash, and there is some urgency to fulfil the requirement, opt for Personal Loan. This loan is readily available, and it is very less time-consuming. Also, it seems to be very attractive because one needs not submits any property as a security to the lender.

Personal Loan Kanchipuram Interest Rates

  • The rate of interest can be changed with the help of followings.
  • By good Cibil score, you will get a low rate of interest.
  • If the employee is working in a Reputed company or Government, he will get a low-interest rate.
  • The starting, 10.75% rate of interest, is granted on Personal Loan Kanchipuram.
  • The interest rates on these loans can be changed based on the amounts of the loan, time period, and the applicant’s profile.
  • The fee for processing is between 0.2% to 2.00% of the loan amount.

Get low-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 Kanchipuram

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. Two passport size photos are required.

*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. Residence/ Aadhar card / Residence Proof is mandatory.
  3. Two passport-sized photographs

personal loan at 10.75%*

Eligibility Criteria for Personal Loan Kanchipuram

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 received in their accounts only.
  3. The applicants must have an excellent 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- 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 should file ITR for the last three years.
  3. If the applicants are the businessman, then the business should be running from the past three years.
  4. The individual applicants’ credit score should be good .there should not be any debt or dues left.
  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 bank statements of the previous three months.

Click here to know more – Self-employed Applicant.

Why Apply for Personal Loan Kanchipuram?

  1. There is no need to deposit any mortgage and collateral security to the bank.
  2. A personal loan is a multi-purpose offer loan. It can be used for all the problems related to finance.
  3. The amount of personal loan depends upon the repayment of individual income and capacity.
  4. A Personal Loan does not require any guarantor or nominee.

How to apply for Personal Loan Kanchipuram?

  1. Visit Dialabank.
  2. Go to the loan section and click on the personal loan link.
  3. The applicant will be directed to all personal loan details where they can choose their preferred city.
  4. For more information and free guidance, you may call on 9878981166.

personal loan at 10.75%*

Processing Fee / Prepayment Charges on Personal Loan Kanchipuram

Every Bank and NBFC charges a fee for processing your Personal Loan application. The Personal Loan Kanchipuram 1% 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 cannot close your loan before 12 months. Post that the charges vary depending on how many years the loan has done. These charges vary from 4% of the outstanding loan amount in the 2nd year to 2% in the loan’s 4th year.

Personal Loan Kanchipuram EMI Calculator

Equated Monthly Installments, also known as EMI are the monthly fixed charges 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 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 Kanchipuram

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

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

personal loan at 10.75%*

Personal Loan Kanchipuram Agents

Dialabank is the leading agent for availing Personal Loan in Kanchipuram. You can apply online at Dialabank or give a call at 9878981166

Dialabank helps you find the best option of Banks and NBFCs by providing you with the detailed market comparison of different banks to make the right choice. Visit our website www.dialabank.com and fill a simple form with your personal and employment details. Our customer relationship managers will soon get in touch with you.

Personal Loan Kanchipuram Contact Number

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

Pre Calculated EMI Table for Personal Loan Kanchipuram

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 Kanchipuram

Kanchipuram is a city located on the banks of the Vegavathy River in Tamil Nadu in India.  It is also known as Kanchi. It is a city that has been ruled by the Pallavas. The city’s historical monuments include the Kailasanathar Temple and the Vaikunta Perumal Temple.

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