Personal loan Mahalkalan

For Instant Approval ↓Apply Here↓

I have read the Privacy Policy & Agree to Terms & Conditions and authorize Dialabank & its partner institutions to Call or SMS me with reference to my application.

Why us?

Rates as low as 10.99%*
Loans Up to 30 Lacs
Same Day Disbursal
Doorstep Service
Unbiased Experts Advice

What is Personal loan Mahalkalan?

Personal loan Mahalkalan

Personal Loan is an unsecured loan given to the customers in need. The customer prefer to buy these loans to deal with various uncertainities. These loans are preferred by the customers as they need not to keep any kind of security with the banks and the banks prefer to give these loans as they get good interest rate from these loans.

Personal loan Mahalkalan Interest Rates

Various bank charges different rate of interest from the customer. More is the amount of Loan, less will be the rate of interest charged by the bank.

The primary interest rate charged by the bank starts from 11.49% to 19.5%.

The processing fees charged by the banks also varies from 2% to 5% per annum.

The time period for which the personal loan is charged varies from 1 year to 5 years.

More About: Interest Rates on Personal Loan

Eligibility for Personal Loan Mahalkalan

Anyone can avail a personal loan who fulfills the following needs:

For Salaried applicant, the criteria are:

1.    Firstly, the applicant’s age should be minimum 21 years maximum of up to 60 years.

2.    If the applicant is residing in a metropolitan city, then they should have a minimum income of Rs     18,000. And if the applicant is from non-metropolitan town then they should have the minimum Income of Rs 15,000.

3.    Another  thing is that the applicant should have the work experience of the last three years

4.    In addition to this, the applicant have to submit the bank statement of the last three months and the salary slip of the previous six months

5.    Lastly, the applicant must have a good credit history.

Click here to know more about- EMI Calculator

For the self- employed customers:

1.  Firstly, the self employed applicant should have a minimum age of 25 years and a maximum of 65 years.

2.    In addition to this, the CIBIL of the applicant should be very good, and no debt should be left due, and there should be no bouncing of the payments.

3.    Another thing is that the applicant should have filed the ITR for the last three years.

4.    An ITR of Rs. 2.5 lakhs per annum should be filed by the applicant.

Features of Personal Loan Mahalkalan

 Many persons are taking these loans nowadays, and these loans are very beneficial for banks, so to attract the customers, the bank tries to attract most customers by providing low-interest rates.

  1. The loans are processed in no time after the verification of the documents.
  2. Some banks provide these loans within the time period of 24 hours.
  3. The time period of these loans can be extended to 5 years.
  4. The applicant can choose according to him, the time period for which he wants to take the Loan
  5. The documents needed by the banks to avail these loans are basic documents which are already possessed by the applicant.
  6. The securities for these loans are not required, so the customer need not worry about any of his ornaments and other assets.

Documentations for Personal Loan Mahalkalan

Different documents are required for availing the Personal Loan from a bank. The documents required for a  salaried person and a self- employed person are various. So these documents can be seen as follows:

Documents required for self- employed individuals:

  1. Proof of Continuation
  2. Address Proof: Passport / Driving License/ Aadhaar card / Voter Id- Card
  3. Pan Card: For individual/ company/ firm
  4. Latest six months Bank Statement.
  5. Recent Balance Sheet along with Profit & Loss A/C (CA certified/ Audited) for the last two years/ Latest ITR along with computation of Income
  6. Identity- Proof: Passport/ Aadhar Card/ Voter’s Id card/ Pan Card/ Driving License

Documents required for Salaried Individuals:

  1. For the Identity Proof, the applicant needs an Aadhar card/ Voter Id Card/ Passport /Driving License.
  2. Moreover, the next document is Latest Form 16
  3. Then next is the Address Proof, For it, the documents required are Ration Card/ Passport/ Rental agreement/ Electricity, Bill.
  4. Lastly,  Salary Slip of the last three months or Bank passbook of the previous six months.

About Mahalkalan

Mahalkalan is a village in the Sangrur district of Punjab, India.  The regional language spoken here is Punjabi. The most celebrated festival here is Lohri. The land here is famous for cultivation of crops.

How to apply through Dialabank?

1.    Visit dialabank online.

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 Interest Rates: Updated

Bank

Interest Rates

HDFC Bank

10.99% to 18%

ICICI Bank

13.99% to 18%

Fullerton India

17.25% to 32%

Bajaj Finserv

13.99% to 16.75%

Axis Bank

15.50% to 24%

Standard Chartered Bank

15.75% to 22%

Kotak Mahindra Bank

13.75% to 19%

Andhra Bank

13.50% to 22%

Bank of Baroda

13.50% to 19%

Vijaya Bank

13.75% to 22%

Corporation Bank

14.50% to 20%

Allahabad Bank

13.70% to 20%

Share This

Menu