Personal Loan Mandi

All About Personal Loan Mandi

If you need cash urgently then going for a personal loan can always be a better choice for you. There are various sources from which you can get a personal loan at a low rate of interest. To get a personal loan, the applicant must have a good source of income.

This type of loan does not take too much time to approved. With proper paperwork, you can get the personal loan in 2-3 business days.

You can easily apply for a personal loan through the Dialabank. Visit Dialabank website to get the access of best offers.

Why Personal Loan Mandi?

1. The Loan amount is based upon the income and the repayment capability of the person.
2. There is no need to put any property or asset as collateral to the lender.
3. It involves simple procedures and fast loan approvals.
4. There is no need to provide a cosigner to avail this loan.
5. There is no process involved to verify the collateral.
6. There is no upper limit to borrow money

Personal Loan Mandi Eligibility Criteria

Salaried, self-employed people and self-employed professionals are eligible for availing a personal loan. You can check personal loan eligibility by clicking on the link.

Salaried Individuals:

1. Salary: Rs 18,000 (Monthly).
2. Minimum and Maximum Age: 21 and 60 Years.
3. Work Experience: Overall 3 years and 1-year experience in the current job.
4. CIBIL Score must be more than 700.
5. A person who gets his/her salary in cash is not eligible for availing Loan

Self Employed Individuals:

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 3 years.
5. CIBIL Score should be more than 700.

Personal Loan Mandi Documents Required

1. Identity Proof: PAN Card/ Voter ID card/ Driving License /Aadhar Card/ Passport.
2. Proof of Residence: Voter ID card/ Driving License/Passport/Rent Agreement/Water Bills/ Electricity Bills/Aadhar Card/ PAN Card
3. Income Proof: Salary slips of the last 6 months or bank account statements where you get your salary. If you are self-employed, you have to give your ITR statement for the last 3 years.
4. It is important to note that if you don’t get your salary in the bank account, then you won’t be eligible to apply for a loan.

Personal Loan Mandi Apply Online

Anybody can apply quickly for Personal Loan online within 2 minutes. The process of application is straightforward and fast.

1. Visit Dialabank
2. After that, apply for a Personal Loan online.
3. Enter your contact number so that we can contact you back. Our experts will guide you through the entire procedure and clear all your confusion.

Dialabank is one of the best platforms to apply for a personal loan as we provide you all kinds of loans at a very affordable rate of interest.

Personal Loan Mandi CIBIL score

Every lending institution has its own criteria for the minimum CIBIL score required for processing a Personal Loan application in Mandi. Most institutions require a minimum score of 750 to process your loan application.

The institutions don’t just look at the overall score but also the detailed behavior on the previous loans taken. This includes details on the type of loan taken and the amount borrowed. Any delayed payments for previous loans can act as a barrier to your availing a fresh loan because a low CIBIL score shows that you cannot be trusted with loan repayment.

About Mandi

Mandi is one of the largest cities of Himachal Pradesh located on the banks of Beas River. Earlier it was known as Manav Nagar and Sage Mandav. Presently it is known as a commercial center of Himachal Pradesh with seven historical temples.

Personal Loan Mandi Interest Rates

Personal Loan generally comes with an affordable interest rate.  The initial interest rate of the Personal Loan is 10.75% per year, but this rate keeps on varying from time to time. Also, the interest rate differs from person to person and also depends on one’s monthly salary or income.