Personal Loan Katihar

Best Banks for Personal Loan in Katihar

Personal Loan in Katihar Features

What shall you do if you are in need of urgent financial help? It could be a medical emergency or an upcoming wedding or maybe a need for a lump sum amount of money. Do not worry, just apply for a personal loan, and solve all your financial needs.

A personal loan in Katihar is a type of unsecured loan that a person can avail based upon their monthly income and CIBIL score without the need of having to keep any collateral security with the lender. There exists no end-use restriction on the use of the personal loan amount. You can use this loan amount for any financial purpose.

Personal Loan in Katihar Interest Rates and Charges 

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

Personal Loan in Katihar Documents Required 

With the right documents, you can easily avail instant Personal loan in Katihar with DialaBank. The important documents required for salaried customers are as follows:

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. Passport-sized photographs – 2
7. In case of residing in rented apartments, rent agreement needs to be attached.

The documents for self-employed customers differ marginally. Important documents are:

Self-Employed Customers:

1. All financials are required. These may be 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 in Katihar Eligibility Criteria

The personal loan eligibility criteria for both Salaried and Self-Employed in Katihar are different in the following manner:

Salaried Applicants

1. Salary: Rs 18,000 (Monthly).
2. Minimum and Maximum Age: 21 and 60 Years.
3. Work Experience: Overall, three years and 1-year experience in the current job.
4. CIBIL Score must be more than 700.
5. The applicant should not be receiving his salary in cash.

Self-Employed Applicants

1. Minimum and Maximum Age: 25 and 65 years.
2. Should have filed for an annual ITR of 2.5 to 3 lakh.
3. Residence: Should be owning an Office or Home.
4. Business Stability: Your business should be operating for the last three years.
5. CIBIL Score should be more than 700.
6. The minimum age requirement for an independent person should be 25 years.

Why Apply for Personal Loan Katihar?

1. A co-applicant is not required.
2. The loan is only based upon the candidate’s income and his repayment capability.
3. It is a safe and straightforward loan scheme for raising funds in times of need as it does not require collateral.
4. There is no need to keep your precious assets as security to the lender.

How to apply for Personal Loan Katihar?

1. Visit dialabank.
2. After that, apply for a Personal Loan online after filling all the details.
3. Enter your active contact number so that we can contact you back.
4. Dialabank is one of the top platforms to apply for a personal loan in Katihar as we provide you all kinds of loans at a very affordable rate of interest.

Processing Fee / Prepayment Charges on Personal Loan Katihar

Every Bank and NBFC charges a specific fee for processing your Personal Loan application. These charges are 1% of the total sanctioned loan amount.

But in case if you wish to foreclose your loan before the agreed loan tenure, which is usually 12 months every lending institution charges you a penal prepayment fee. The charges vary depending on the tenure of the loan left.

Personal Loan Katihar EMI Calculator

Equated Monthly Installments also know as EMI are the monthly fixed charges that you pay to the bank or NBFC as monthly repayment for the loan amount borrowed as part of a personal loan in Katihar.  Based on your profile, and capabilities the interest rate on your loan is calculated.

You can easily calculate your EMI amount on your personal loan in Katihar using a Personal loan EMI Calculator on our website dialabank.com.

CIBIL Score required for Personal Loan Katihar

Every lending institution has its own criteria for the minimum CIBIL score required for processing a Personal Loan application in Katihar.

1. Mostly a CIBIL score of 750 is preferred to process your personal loan application.
2. They also look into the ability and ease with which you previously paid your loans.
3. Any sort of delayed payments for previous loans can result in lowering of your CIBIL score.

Personal Loan Katihar Agents

Dialabank is the leading agent for availing Personal Loan in Katihar. Dialabank helps you to find the best option of Banks and NBFCs by providing you with a comparison of different offers provided by them so that you can make the right choice.

Visit our website and fill a simple form online with your personal and employment details. Our customer relationship managers will soon get in touch with you on the contact number provided by you. You can apply online at dialabank or give a call at 9878981166 for further processing.

Personal Loan Katihar Contact Number

Call 9878981166 and get instant help and approval for Personal Loan in Katihar.

Pre Calculated EMI Table for Personal Loan Katihar

About Katihar

Katihar is a city located in the eastern part of the state of Bihar, India. It is the regional headquarter of the Katihar district. It is one of the largest cities of Bihar and is also known all over East India for its highly strategic railway junction.