Personal Loan Macherla

⋆ 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

All About Personal Loan Macherla

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 Macherla

Personal Loan Macherla

Get personal loans that satisfy specific fund needs. Need money? You can now schedule a weekend vacation, for a medical emergency, for wedding reasons, or many things without thinking over where the funds would come from. Personal Loans are built to satisfy different demands for capital in a simple and flexible manner to fulfill your needs.

A personal loan is a way the banks and NBFCs repay these loans, which are used for personal use and are borrowed. The usability of the loan is incredibly massive in personal life. The main drawback is that they are not appropriate for industrial and company purposes. Personal loan Macherla is primarily issued on the basis of the applicant ‘s income, implying that the securities are not needed.

A Dialabank Personal Loan lets you fulfill your diverse financial needs; you can take advantage of loans up to Rs 20 lakh and satisfy the specific need that you rise at any point in your life. The fast clearance process means that you have an understanding of investing quickly. 

Additionally, you can get the funds inside 3 seconds with our instant online Personal Loan facilities. In Macherla, you can easily get a personal loan at an interest rate ranging from 10.75% to 32%, but this depends on many factors.

Features of Personal Loan Macherla 

Personal loans Macherla has an immediate clearance mechanism with loans being approved as early as within 24-48 hours of submission of the loan application.

    1. Simple Accessibility-Personal loans come with a fast loan approval procedure today. Loans after filling out the application are accepted almost immediately. A borrower seeking a personal loan should anticipate a loan disbursement within one to two working days, which would render the whole loan procedure fast and trouble-free.
    2. Minimal Documents – minimal paperwork procedure needed to access personal loans. Any need to compile a whole set of articles
    3. Flexibility to utilize Funds-Unlike most lending methods, the capital received from a personal loan will be easily spent according to your needs. Personal loans should be used to address the need for funds linked to marital expenses, insurance costs, home construction costs, etc.
    4. The small loan sum-dependent on the applicant’s CIBIL ratings, personal loans are eligible for expenditures as low as Rs.10k to large amounts even depends on the credit ratings depending on the bank or NBFC in question.
    5. No securities: banks and NBFCs are not looking for guarantees and are lending the capital dependent on the applicant ‘s profits.

Personal Loan Macherla 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 Required for Personal Loan Macherla

Salaried Customers:

  1. Identity proof such as Aadhar card/driving license.
  2. last three-month salary slips.
  3. Bank statements for the last 6 months.
  4. PAN Card.
  5. Residence Proof (Owned/Rented/Company provided), and rental agreement in case of rented apartments.
  6. 2 Passport-sized photographs of the applicant.

Self-Employed Customers:

  1. All financials are required (ITR documents with Balance Sheet and P&L Statement).
  2. PAN Card.
  3. Aadhar Card as identity proof.
  4. Residence Proof or rental agreement in case of a rented apartment.
  5. Two passport-sized photographs of the applicant.

personal loan at 10.75%*

Personal Loan Macherla Eligibility Criteria

The eligibility criteria are specific for both salaried and self-employed workers.

Click: personal loan eligibility

Eligibility Criteria for Personal Loan Macherla:

The self-employed and employed must fulfill the following criteria for being eligible for the loan.

Salaried Individuals Self Employed Individuals
Age Min Age: 21 years Max Age: 60 years Age Mini Age: 25 years Max Age: 65 years
Salary Rs.15, 000 (Monthly). ITR An Annual ITR of 2.5 to 3 lakh is required.
Work Experience Total 3 years and one year of actual work participation. Business Stability Your business should be running from the last 3 years with continuous profit.
Document Required Identity proof: Aadhar Card, Valid Passport, Valid Voter ID Card, or a Valid Driving License. Document Required Identity proof: Aadhar Card, Valid Passport, Valid Voter ID Card, or a Valid Driving License.
Address proof: Ration card/passport/telephone/rental agreement/electricity bill Address proof: Ration card/passport/telephone/rental agreement/electricity bill. Residence: It will be held by the Workplace or House.
Mandatory The borrower earning a paycheck in cash is not qualified at reasonable rates for the Loan. Mandatory Telephone / Mobile at the office.

Click: Salaried Applicant

Click: Self-employed Applicant

Why Apply for Personal Loan Macherla?

  • Personal Loan Macherla is based upon the candidate’s income per annum and his credit score. No other requirement is there
  • There is no need to put a precious asset as security to the lender for Personal Loan Macherla, as it is an unsecured loan
  • Personal loans offer higher loan amounts to help you deal with any financial emergency
  • Personal Loan Macherla is a multi-purpose offer that can be used for almost all financial problems of life, including debt consolidation.
  • The Loan amount depends upon the income and repayment capability of the applicant.
  • Personal Loan Macherla is a multifunctional deal that can be used for almost all financial issues.
  • No requirement for the lender to put some property or properties as insurance.
  • No cosigner required for Macherla Personal Loan.

How to apply for Personal Loan Macherla?

To apply for the best personal loan deals:

  • Visit Dialabank and click on the personal loan option on the menu of the homepage.
  • You will be directed to a page wherein you will have to fill in all your personal as well as professional details, along with your phone number.
  • After you click on ‘Apply now’, wait for a while. In a short period, you will receive mail threads from various banks and NBFCs willing to lend ou a personal loan
  • Our experts will give you a call and assist you in choosing the best deal for you.
  • In case of any queries, call us at 9878981166.

personal loan at 10.75%*

Processing Fee / Prepayment Charges on Personal Loan Macherla

The interest rates in Personal Loan depend on the profile and salary of an individual in the business.

The base rate starts at 10.50 percent. The extra costs refer to whatever conditions are relevant. Interest rate according to the level of credit. The following factors can affect the interest rates and the bank charges:

  1. Credit / CIBIL Ranking: A strong ranking of CIBIL may be an advantage for reducing interest rates and other costs.
  2. Average Loan Score: 640-750.
  3. Company Profile: The well-reputed firms and staff of government agencies will profit from the variance of many of the charges.
  4. Bank Consumer Relationships: Being a client before the partnership with the banks will be an advantage to reduce the costs and charges.
To know about the interest rate click on personal loan interest rate

Personal Loan Macherla EMI Calculator

CIBIL Score required for Personal Loan Macherla

Every lending institution has its criteria for the minimum CIBIL score required for processing a Personal Loan application in Macherla. Most institutions need a minimum score of 700 to process your application for a loan.

The institutions are not only looking at the overall score but also the detailed behavior of previous loans. It provides information about the form of loan obtained and the amount lent. Any outstanding payments for prior loans will serve as a deterrent to making a fresh loan open to you.

personal loan at 10.75%*

Personal Loan Macherla Contact Number

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

Pre Calculated EMI Table for Personal Loan Macherla

Click here for personal loan EMI calculator

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 Macherla

Macherla is a small town within Andhra Pradesh’s Guntur district. It is the headquarters of the district Macherla in the Gurazala revenue region. Along the banks of Chandra Vanka, the township has an average elevation of 136 m. It is a center with historic sites and other nearby amenities that one can never overlook. It has a population of 1,06,289 and a 71.13 percent overall literacy rate. The city has a 76.23 km long road which runs through it.

When one heads out on holiday to some destination, investigating every minute detail and the locations in and around the location is necessary. Macherla too has several attractions for visitors to explore in and around it. Someone can visit the city center of Macherla, the rural city center of Macherla, the city center of Nagarjunasagar, Nagarjunakonda, the city center of Gurazala, hills of Nallamala and falls of Ethipothala.

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