Personal Loan Karimnagar

⋆ 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

Best Banks for Personal Loan in Karimnagar

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 in Karimnagar FeaturesPersonal Loan Karimnagar

Are you looking for external financial help to meet your personal requirements? If yes, then you can avail a personal loan Karimnagar. It is a loan that can be used for different purposes like paying debts, going for a holiday, paying tuition fees and many more. Personal Loan provides a solution to all problems of financial needs and cash urgently.

This loan is unsecured in nature with minimal documentation and less paperwork. A personal loan can be approved within 48 hours after the verification process. A personal loan will help you to overcome your financial crisis.

As the name suggests, a Personal Loan Karimnagar is available for an urgent requirement of cash, for example, any education purpose, medical issue, wedding or to fulfil any of your other personal needs. This is a life-saver option.

To get a Personal Loan, the applicant needs to have a rigid and good source of income and a good credit history. Furthermore, there is no hard and fast end-use restriction on a personal loan.

Personal Loan in Karimnagar Interest Rates and Charges

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

Personal Loan in Karimnagar Documents Required

The documents required for a personal loan Karimnagar varies from a salaried customer to a self-employed customer in the following manner:

Salaried Customers:

  1. Identity proof (Aadhar card/driving license)
  2. PAN Card
  3. Residence Proof (Owned/Rented/Company provided)
  4. Salary slips of last three months
  5. Bank statements for the last 6 months
  6. Passport-sized photographs – 2
  7. In the 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%*

Personal Loan in Karimnagar Eligibility Criteria

The personal loan eligibility criteria for both Salaried and Self-Employed are different. It is based on the bank which has to approve the request of the applicant regarding the credit. There are two categories of applicants:

  1. Salaried
  2. Self-employed

There are various eligibility criteria for both applicants:

Salaried Applicants

  1. Minimum age requirements of individuals should be 21 years and maximum up to 60 years.
  2. The applicants must have the work experience of the three years. It needs to be a salary account.
  3. The applicants must have an excellent credit history.
  4. Job location of the applicant should be mentioned.

Self-Employed Applicants

  1. The minimum age requirement for an independent person should be 25 years.
  2. Filed Income Tax Return for the last three years.
  3. Documentation regarding financial and his bank statement of the previous 3 months.
  4. In the case of the businessman, then the business should be running from the past 3 years.
  5. Reliable credit score with no outstanding dues.
  6. The annual income of the applicants should be a minimum of Rs 2.5 lakh.

Why Apply for Personal Loan Karimnagar?

  1. No Securities: The securities for these loans are not required. These loans are based on the monthly or annual income of the applicants.
  2. Interest Rates: These loans have a very competitive rate of interest. Some of the banks offer the cheapest of loans in this category.
  3. Tenure: The time period of these loans can be extended to 5 years. There are some exceptions too.
  4. Quick Processing: The loans are processed in no time after the verification of the documents.
  5. EasyInstallments: The applicant can choose the number and amount of the instalments for this loan according to his affordability.
  6. Minimum Documentation: The documents needed by the banks to avail of these loans are basic documents.
  7. Credit Score: Some of the applicants apply for these loans to improve their credit score.

How to apply for Personal Loan Karimnagar?

Applying for a personal loan is easy with DialaBank. Get an instant personal loan on applying online with DialaBank. Just follow the steps below to enjoy a hassle-free experience:

  1. Visit our website Dialabank
  2. Go to the loan section
  3. Click on the personal loan link.
  4. The applicant will be required to fill in all the details of themselves.
  5. Click on Request a quote and our relationship manager will soon get in touch with you.
  6. Reach out on 9878981166.

personal loan at 10.75%*

Processing Fee / Prepayment Charges on Personal Loan Karimnagar

Every Bank and NBFC charges two kinds of fee for on Personal Loan application.

  1. The processing fee charges are mandatory for every bank or NBFC. The personal loan Karimnagar processing fee is 1% of the sanctioned loan amount.
  2. The other is pre-closure charges which are applicable in case you wish to foreclose your loan before the agreed loan tenure. In most cases, you cannot close your loan before a year. Post that the charges may vary depending on the number of years of the loan. These charges can vary from 4% of the outstanding loan amount in the 2nd year to 2% in the 4th year of the loan.

Personal Loan Karimnagar EMI Calculator

Equated Monthly Installments also know as EMI is the monthly fixed amount that the customer or applicant has to pay to the bank as the loan amount. The applicant is the borrower in such cases, and the bank is the lender. EMI varies according to your loan amount and tenure. You can find the Personal loan EMI calculator on DialaBank’s website.

CIBIL Score required for Personal Loan Karimnagar

CIBIL Score is the history of your payments that you have done in the past. The Credit Information Report or CIR is the history of your credit score which checks your account’s history for different loans that you have taken (if any) and the credit card history (if you have).

  1. Mostly a CIBIL score of 750 and above is considered good while applying for a personal loan.
  2. The better the CIBIL score, the easier it becomes to avail the loan.

personal loan at 10.75%*

Personal Loan in Karimnagar Agent and Contact Number

Dialabank is associated with various banks and NBFCs in Karimnagar that provide personal loans at low-interest rates. Thus, DialaBank is the leading agent for availing Personal Loan Karimnagar. You can also apply online at Dialabank or give a call at 9878981166.

  1. We do not charge any extra fees from our customers.
  2. We are always ready to help our applicants and are available 24/7.
  3. Applying via Dialabank saves your time and energy.
  4. The Loan gets disbursed within 24 hours.
  5. Our experts will assist you, and our relationship managers will provide guidance.

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

Pre Calculated EMI Table for Personal Loan Karimnagar

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 Karimnagar

Karimnagar is a District Headquarters in the Indian state of Telangana. Karimnagar is one of the major urban agglomerations of India and the fifth-largest city in the state. The city lies on the banks of Manair River, which is a tributary of the River Godavari. It serves as a major health and educational hub for the northern districts of Telangana. Apart from that it is also a major business centre and is widely known for Agro-based and Granite industries. Karimnagar is also popularly known as the “City of Granites.”

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