Best Banks for Personal Loan in Mavelikkara
Feature
HDFC Bank
Private Bank
Bajaj Finance
Interest Rate
10.75% - 17%
11.25% - 18.5%
0.12
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
Preclosure Charges
2%, Nil foreclosure charges after 12 months
2%, Nil foreclosure charges after 24 months
Nil
Overdraft Facility
No
No
Yes
About Personal Loan Mavelikkara
What would it be a good idea for you to do when a health-related crisis or an impromptu cost comes thumping at your entryway? First, apply for a personal loan and valiantly face them.
A Personal loan is a kind of unstable advance that an individual can profit from depending on their month-to-month salary and credit score without presenting any guarantee security with the moneylender.
Working capital for your business, setting up another plant, transient advance for gear buy, occasion, home redesign are a portion of the reasons Personal Loan is given to her. Personal Loans may vary among banks. The essential strides of getting an advance at Mavelikkara is as per the following:
- Quest for the suitable bank
- Documentation and Application Form Filling
- Credit Process Begin
- Credit Disbursal
Personal Loan in Mavelikkara Interest Rates
To check Personal Loan Interest Rate for all major banks you can visit: Personal Loan Interest Rates
Bank
Processing Fee
HDFC Bank Personal Loan
0.25% to 1.50%
Axis Bank Personal Loan
0.50% to 1.50%
Nil
Private Bank Personal Loan
0.25% to 1.50%
SBI Personal Loan
500/- to 0.50%
Nil
Kotak Personal Loan
1% to 2%
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
Documents required for Personal Loan in Mavelikkara
Salaried Customers:
- Identity proof (Aadhar card/driving license)
- Salary slips of last three months
- Bank statements for the last 6 months
- PAN Card
- Residence Proof (Owned/Rented/Company provided)
- Passport-sized photographs – 2
*NOTE: In the case of rented apartments, a rent agreement needs to be attached.
Self-Employed Customers:
- All financials are required (Balance Sheet, P&L Statement as well as ITR files)
- PAN Card
- Aadhar Card
- Residence Proof
- Two passport-sized photographs
PERSONAL LOAN
Interest Rate 9.99%
Eligibility Criteria for Personal Loan Mavelikkara
You can check your personal loan eligibility by clicking on the link.
The qualification measures for both Salaried and Self-Employed is different:
Salaried Applicants
- Least age: 21 years
- Greatest age: 60 years.
- The candidates will have a working understanding of at any rate of three years.
- They shall be receiving their salary in a bank account.
- The candidates should have a decent financial record and CIBIL score.
Self-Employed Applicants
- Least age: 25 years.
- Greatest age: 65 years.
- The candidate will record ITR throughout the previous three years.
- If the applicant is a businessman, at that point, the business ought to, in any event, be running for as long as three years.
- The credit score of the individual applicant should be good.
- There will not be any forthcoming obligation or contribution.
- The yearly pay of the candidate ought to be at least Rs 2.5 lakh
Why Apply for Personal Loan Mavelikkara?
- There is no need to deposit any mortgage and collateral security to the bank.
- A personal loan is a multi-purpose offer loan. It can be used for all the problems related to finance.
- The amount of a personal loan depends upon the repayment of individual income and capacity.
- A Personal Loan does not require any guarantor or nominee.
How to Apply for Personal Loan Mavelikkara?
- Visit Dialabank
- Fill in your details in the personal loan form.
- Our relationship supervisor will call you and help you through the whole cycle.
PERSONAL LOAN
Interest Rate 9.99%
Processing Fee / Prepayment Charges on Personal Loan in Mavellikara
Every Bank and NBFC charges a fee for processing your Personal Loan Mavelikkara application. These charges are 1% of the loan amount.
If you wish to foreclose your loan before the agreed loan tenure, every lending institution charges you a penal prepayment fee. In most cases, you cannot close your loan before 12 months. Post that, the charges vary depending on how many years the loan has been done. These charges vary from 4% of the outstanding loan amount in the 2nd year to 2% in the 4th year of the loan.
Personal Loan EMI Calculator Mavelikkara
Equated Monthly Installments, also known as EMI, are the monthly fixed charges you pay to the bank as monthly repayment for the loan amount borrowed. Based on your profile, the interest rate on your loan is determined. Your EMI is calculated basis the Interest Rate the ban charges you, the amount of loan you have to take, and the period you enjoy the loan.
To calculate your EMI: Personal Loan EMI Calculator
CIBIL Score required for Personal Loan Mavelikkara
Every lending institution has its own criteria for the minimum CIBIL score required for processing a Personal Loan application in Mavelikkara. Most institutions require a minimum score of 750 to process your loan application.
The institutions look at the overall score and the detailed behaviour 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 of a fresh loan.
PERSONAL LOAN
Interest Rate 9.99%
Personal Loan Mavelikkara Agents
Dialabank is the leading agent for availing of Instant Personal loans in Mavelikkara.
You can apply online at Dialabank or give a call at 9878981166.
Personal Loan Mavelikkara Contact Number
Call 9878981166 and get instant help and approval for a Personal Loan in Mavelikkara.
Pre Calculated EMI Table for Personal Loan Mavelikkara
About Mavelikkara
Mavelikara is a taluk and region in the Alappuzha locale of the Indian province of Kerala. Situated in the southern aspect of the region on the banks of the Achankovil River. The name Mavelikara is accepted to be diverted from the words Maveli or Mahabali, the legendary lord of Kerala, and Kara implies land.
