Best Banks for Personal Loan Koraon
Feature |
HDFC Bank |
Private 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 Koraon Features
Gaze at the sky, and I understand that you want to soar, look at a depth of the water, and I know that you want to explore the globe. But so is your time, when are you going to realise your dream? Your pay is restricted. Now!!! Make your goals come true and take a personal loan.
A personal loan is a sort of unsecured loan that a person can use without the requirement to retain any collateral securities with the lender based on their monthly income and CIBIL score. Unlike other loans of a very definite usage, the loan amount can be utilised for any personal needs.
Personal Loan Details
|
|
Interest Rate |
10.75% to 24% p.a.
|
Processing Fees | 0.5-2.5% |
Loan Tenure |
1 year to 5 years
|
Pre-closure Charges | 2% - 5% |
Guarantor Requirement |
No guarantor required
|
Personal Loan Koraon Interest Rates – Apr 23 2024
Name of the Bank | Interest Rate Range | Processing Fee Range | Loan Amount | Tenure |
Private Bank | 11.59% - 18.49% (Fixed) | 2.25% (min. Rs.1149) One time fee | Rs.20 lakh (Max) | 1-5 Years |
CitiBank | 10.99% - 15.99% (Fixed) | 1% to 2.5% | Rs.30 lakh (Max) | 1-5 Years |
Kotak Mahindra Bank | 10.99% to 24% p.a. | Up to 2.5% of the loan amount along with GST or service tax | Rs.50,000 to Rs.15 lakh | 1 to 5 Years |
Fullerton India | 11.99% to 23.99 p.a. | Information not provided. | Up to Rs.20 lakh for salaried and up to Rs.30 lakh for self-employed individuals | 1 to 4 Years |
Bank of Baroda | 11.35% - 14.35%Fixed | Rs.1,000 to Rs.10,000 (One time fee) | Rs.20,000 - Rs.2 lakh | 4 Years (Max) |
State Bank of India | 12.90% - 14.90% (Fixed) | 1% (One time fee) | Rs.24,000 - 15 lakh | 5 Years |
Aditya Birla | 11.5% - 13.25% (Fixed) | Nil | Rs.30 lakh (Max) | 1-5 Years |
Allahabad Bank | Information not provided | 1.06% of loan amount | Information not provided. | 1 to 5 Years |
Yes Bank | 14% p.a. | Up to 2% (One-time fee) | Rs.2 lakh to Rs.20 lakh | 1 to 5 Years |
Corporation Bank | 12.75% to 13.75% p.a. | Up to 1.5% Minimum amount of Rs.500 | Up to Rs.3.50 lakh | Up to 5 Years |
Personal Loan Koraon Fees & Charges – Apr 23 2024
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 |
Private 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 | 0.01 | 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 Required for Personal Loan in Koraon
List of Documents Required for Salaried Applicants
Salaried individuals must submit the following documents in addition to a completed personal loan application form:
Photo Identity Proof (Any one) | Passport PAN Card Voter’s ID Aadhar Card Driving License |
Address Proof (Any one) |
Passport
Utility Bill (telephone, electricity, water, gas) – less than 2 months old Aadhaar Card Driving License Ration Card |
Income Proof |
Salary slips (Last 3 months)
Bank statements for the last 3 to 6 months (showing salary credit) |
Tax Paid (Any one |
IT returns (for 2 years)
Form 16 |
Residence Ownership Proof (Any one) |
Property documents
Maintenance bill Electricity bill |
Proof of Job Continuity (Any one) |
Current employment certificate
Current job appointment letter (if more than 2 years have been spent in the same organisation) Experience certificate (previous employer’s relieving or appointment letter along with job certificate) |
Proof of Investment (if any) |
Fixed assets, fixed deposit, shares, etc.
|
Existing Loans (if any) |
Payment Track Record & Sanction letter
|
Photograph |
One coloured passport size photograph
|
List of Documents Required for Self-employed Applicants
Self-employed personal loan applicants must submit the following documents in addition to a fully completed loan application form:
Photo Identity Proof (Any one) | Passport PAN Card Voter’s ID Aadhaar Card Driving License |
Address Proof (Any one) |
Passport
Aadhaar Card Driving License Utility Bill (telephone, water, electricity, gas) – less than 2 months old Ration Card |
Proof of Residence Ownership (Any one) |
Property documents
Maintenance bill Electricity bill |
Proof of Office Address and Ownership (Any one) |
Maintenance bill
Property documents Electricity bill |
Proof of Business Existence (Any one) |
Copy of GST registration
Company registration license Shop establishment proof |
Income Proof |
Last 2 years Income tax returns of the applicant along with computation of income duly attested by a Chartered Accountant
Audited balance sheet and Profit & Loss accounts, including tax audit report, if applicable |
Bank statement |
Savings/current account bank statement/ bank passbook for the past one year
|
Proof of Investment (in case any) |
Investments such as fixed deposit, fixed assets, shares, etc.
|
Existing Loans (in case any) |
Payment Track Record and sanction letter
|
Professional Degree Certificate |
In case of professionals
|
Photograph |
One coloured passport size photograph
|
List of Documents Required for NRI Applicants
When applying for a personal loan, NRI candidates are typically required to submit the following documents:
Identity Proof | Copy of the passport Copy of the visa |
Employment Proof | Letter of Appointment Job contract Labour/ Identity card (if applicable) Official email ID or the HR’s email ID |
Income Proof | Last 6 months’ bank statements Last 6 months’ salary slips or salary certificate |
Photograph | Passport size photographs |
List of Documents Required for Pensioners
When applying for a personal loan, a pensioner must submit the following documents:
Identity/Age Proof (Any one) |
Ration card
Passport PAN card Aadhar card Voter ID card Driving licence Birth certificate School leaving certificate |
Address Proof (Any one) | Passport Aadhaar card Utility bills Ration card Driving licence |
Income Proof (Any one) |
Last 6 months’ bank statements/salary slips
Bank passbook Form 16 Copy of pension payment order Income tax returns |
Photographs |
Passport size photographs
|
Know More About: Personal Loan Eligibility Criteria
Personal Loan Koraon Eligibility Criteria
Particulars | Salaried | Self-Employed |
Age | 21 - 60 years | 21 - 65 years |
Minimum Income | Rs.15,000* | Rs.5 Lakh p.a. |
Co-applicant | Not mandatory | Not mandatory |
Loan Tenure | 12 – 60 months | 12 – 60 months |
Maximum Loan Amount | Rs.40 Lakh | Rs.40 Lakh |
Employment Type | Employees of private limited companies and public sector undertakings |
Self-employed individuals
|
Employment/Business Continuity | At least 2 years; minimum 1 year with current employer |
4 years Post Qualification experience for Doctors/ Chartered Accountants.
5 years Post Qualification experience for Company Secretary / Architect. |
CIBIL Score | 750 and above | 750 and above |
Residential Status |
Resident Indian staying in own house or a rented house
|
*In cities such as Kochi, Kolkata, Ahmedabad, Pune, Hyderabad, Mumbai, Chennai, Bengaluru, and Delhi the net monthly income required is Rs.20,000
Click here to know more about - Salaried Applicant
Click here to know more about - Self-employed Applicant
*Note: The eligibility criteria vary from lender to lender.
Check Personal Loan Eligibility with Top Lenders in 2021
Bank | Age Limit | Minimum Work Experience |
Minimum Income (Per Month)
|
SBI | Up to 76 years | NA** | Rs.15,000 |
HDFC | 21 to 60 years | 2 years | Rs. 20,000 |
Private | 23 to 58 years | 2 to 5 years | Rs.17,500 |
Axis | 21 to 60 years | NA** | Rs.15,000 |
Kotak Mahindra | 22 to 55 years | 1 year | Rs.25,000 |
Tata Capital | 21 to 58 years | 1 year | Rs.15,000 |
IndusInd | 21 to 60 years | 2 to 5 years | Rs.25,000 |
Ujjivan Small Finance | 22 to 58 years | NA** |
Above the minimum wage limit
|
India Infoline Finance Limited | 25 to 60 years | 6 months to 2 years | Rs.35,000 |
HDBFS | 21 to 65 years | 1 year to 3 years |
Rs.15,000 for salaried
Rs.1 lakh p.a. for self-employed |
Indian Overseas Bank | Up to 58 years | NA* | Rs.5,000 |
IDFC First Bank | 23 to 68 years | 3 years | NA* |
Federal Bank | 21 - 55 Years | 3 years | Rs.25,000 |
Punjab National Bank | 21 – 58 years | 2 years for doctors | Rs.15,000 |
Andhra Bank | 21 - 55 years | NA** | NA* |
Canara Bank | NA** | NA** |
Salaried: Rs.6,000 & above
Self-employed - Rs. 1.5 lakh |
IDBI Bank | Up to 75 years for Pensioners | NA** | Rs.1.5 lakh p.a. |
Fullerton India | 21 to 55 years | 1 to 2 years | Rs.15,000 |
RBL Bank | 25 to 60 years | 1 to 3 years | Rs.25,000 |
Bank of Baroda | 21 to 60 years | 1 year to 2 years |
60% of gross monthly income
|
Deutsche Bank | 25 to 60 years | NA** | Rs.25,000 |
Karnataka Bank | NA** | 3 years | NA* |
United Bank of India | up to 75 Years | 2 years | NA* |
UCO Bank | 21 to 65 years | 1 year to 5 years | Rs.20,000 |
*Personal loan disbursal is solely at the bank’s discretion and as per the bank’s terms and conditions
Learn More about Personal Loan: Click Here
Why Apply for Personal Loan in Koraon?
- The amount of the loan is based on the income and repayment capability of the applicant.
- Personal Loan in Koraon is a multi-functional offer that may be used to address almost any financial problem.
- There is no requirement to present property or assets for the lender as guarantees for a personal loan Koraon.
- For the personal loan Koraon no co-signer is necessary.
How To Apply For Personal Loan in Koraon?
- Visit the Dialabank.
- Select your personal loan link and navigate to the loan section.
- The applicant is forwarded to personal information about the loan, where he can choose his selected city.
- For further information and free assistance, please get in touch with us at 9878981166.
- Regarding personal credit
Personal Loan Koraon Agents/Broker
Dialabank is one of Koran’s major personal credit agencies. The following can be requested on the website of Dialabank by phone at 9878981166 or online.
Dialabank gives a detailed analysis of different bank rates so that you may choose the best options for banks and NBFCs. Visit the website of Dialabank and complete the required information. Our relationship managers help you.
Personal Loan Koraon Contact Number
For fast assistance and approval, call 9878981166, Personal Loan Koraon.
Pre Calculated EMI Table for Personal Loan Koraon
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 Koraon
In Uttar Pradesh, India is a place of Koraon. Taking personal loans is straightforward and time-saving only when you apply through the Dialabank or phone 9878981166.
Personal Loan Bank in Koraon
BANK NAME |
BANK ADDRESS |
BANK IFSC CODE |
BANK OF BARODA | VILL & PO KORAON, DIST – ALLAHABAD, UTTAR PRADESH -212 306 | BARB0KORAON |
HDFC BANK | HDFC BANK LTD WARD NO 08 SHAHEED NAGAR KHASARA NO 1095 VILLAGE KORAON TAPPA DHHAIYYA ALLAHABAD UTTAR PRADESH 212306 | HDFC0009127 |
PUNJAB NATIONAL BANK | GOAPL VIDYALAYA INTER SCHOOL KORAON ALLAH UTTAR PRADESH 212306 | PUNB0986900 |
STATE BANK OF INDIA | VILLAGE AND POST-KORAON, MANDA ROAD, ALLAHABAD, DISTT.ALLAHABAD.UTTAR PRADESH 212306 | SBIN0015510 |
FAQs on Personal Loan Koraon
✅Can I receive a personal loan without pay?
You can acquire personal credit without a paycheck if you are self-employed, a freelancer, make income or work on the contract. In certain situations, extra financial papers need to be submitted to prove your income. It might be in the form of proof of income, bank accounts, ITR or form 16.
✅What’s the bank’s personal credit?
A personal loan is a money loaned in set monthly payments or instalments, usually for two to seven years by a bank, credit union or internet loan provider.
✅What is a wage personal loan?
A loan against wages is an optional special loan for employees to fulfil themselves and their families needs, such as medical emergencies, children’s higher education costs, house renovations, tours and wedding costs, etc.