Personal Loan Karaikal

All About Personal Loan Karaikal

A Personal Loan can be taken for any personal purpose like for wedding expenses, paying medical bills, home improvements, planning a vacation, etc. This loan is easily available at affordable rate of interest and it is doesn’t consume too much time. Also, it seems to be very attractive because one need not to submit any property as a security to the lender.

What is Personal Loan?                          

In this modern world, expenses are increasing rapidly and people need money for their personal short term needs. So Personal Loan is a feature provided by banks & NBFCs to get the best loan option to manage all expenses easily, especially for the people in metro cities.

 Personal finance is instant finance, which a person can avail within 2-3 working days with minimal documentation required.

Why should one apply for Personal Loan Karaikal?

1.    The Loan amount depends upon the income and repayment capability of the applicant.

2.    Personal Loan Karaikal is a multi-purpose offer that can be used for almost all financial problems.

3.    No need to put any property or asset as security to the lender.

4.    No cosigner needed for Personal Loan Karaikal.

Personal Loan Karaikal Eligibility Criteria

Personal Loan does not apply to everyone, and there are some eligibility criteria based on which the bank provides a loan to the applicant. There are two categories of applicants:

1.    Salaried

2.    Self-employed

There are different personal loan eligibility criteria for both applicants.

Salaried Applicant:

1.    The minimum age of the applicant should be 21 years and a maximum of up to 60 years.

2.    If the borrower should have a salary of minimum Rs.18,000 per month

3.    The borrower must have the work experience of the last three years, and the salary should come in their account only.

4.    The person must have a good CIBIL score, i.e., at least 700+

The documentation process is straightforward; they have to submit their bank statement of the last three months and the salary slip of the previous six months.

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Self-employed Applicant:

1.    The self-employed person’s age should be minimum of 25 years.

2.    The applicant should file ITR at least for the last three years.

3.    The CIBIL of the applicant should be good, and no debt should be left due.

4.    The ITR(Income tax return) which the applicant files should be Rs 2.5 lakhs per annum at least.

5.    And the applicant is a businessman than his business should be running from the last three years.

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Personal Loan Karaikal Documents

1.     Identity proof :- ( Passport/Id card/voter card/driving license/Aadhar Card) It can be any one of them.

2.    Residence proof :- ( Passport/voter card/driving license/Aadhar Card/Ration Card). And the applicant living in a rented house, then they have to submit their rental agreement.

3.    The applicant must submit their PAN card, which is an essential document under the KYC formality.

4.    Salaried applicants have to submit their salary slip of the last three months and the bank statements of the last six months.

5.   The self-employed applicant has to submit the ITR of the last three years, and registration of their business should be done.

6.    Two passport size colored photos. (Applicant should not be wearing glasses)

How to Apply for Personal Loan Karaikal?

Anybody can apply for Personal Loan Karaikal online only in 2 minutes. The process of application is straightforward and quick.

 First of all, you should check your eligibility.

      1.     Visit www.dialabank.com.

      2.     After that, apply for a Personal Loan online.

      3.     Enter your contact number so that we can contact you back.

      4.     Dialabank is the best platform to apply for a personal loan as you will get a loan at affordable rates of interest.

Personal Loan Karaikal Interest Rates: Updated 2020

 For personal loan EMI Calculator click here:-

About Karaikal

Karaikal is a major port city of the east coast of India and a municipality in the Karaikal district in the Union Territory of Puducherry, India. There are a number of iron and steel rolling mills, spinning mills, tiles, polythene, and chemical industries in Karaikal. Visit www.dialabank.com or call 9878981166 and get assistance as soon as possible.

Personal Loan Interest Rates: Updated 2020

To check Personal Loan Interest Rate for all major banks you can visit: Personal Loan Interest Rates

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