Personal Loan Morvi

⋆ Interest Rate 9.99% ⋆

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      Rates as low as 9.99%*
      Loans Up to 30 Lacs
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      Personal Loan Morvi

      Best Banks for Personal Loan in Morvi

      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 in Morvi Features

      Personal loan MorviIf you are giving up on your dream due to the financial crisis, and you think that there is no hope for you to achieve the goals you set, a Personal Loan will push you to gain confidence again and believe in those dreams. It is an instant loan that an individual can avail of within 48 to 72 hours. A Personal Loan requires minimum documentation for the approval of the personal loan

      Moreover, there is no limitation on utilizing this loan amount for any specific purpose.

      Personal Loan in Morvi Interest Rates and Charges

      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 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

      Personal Loan in Morvi Documents Required

      Salaried Customers:

      1. Proof of residence: Passport/ Voter card/ Aadhar card/ration/card/driving license
      2. Two coloured passport size photos (without glasses)
      3. Under KYC  formality: every applicant has to submit his pan card, which is an essential document.
      4. Identity proof: Passport/ID card/ Voter card/ Aadhar card/ration/card/driving license
      5. Proof of income: The applicants have to have their salary slip for the last three months and bank statement for the last six months.

      *NOTE: In the case of rented apartments, a rent agreement needs to be attached.

      Self-Employed Customers:

      1. Proof of residence: Passport/ Voter card/ Aadhar card/ration/card/driving license
      2. Two coloured passport size photos (without glasses)
      3. All financials are required (Balance Sheet, P&L Statement as well as ITR files)
      4. Under KYC  formality: every applicant has to submit his pan card, which is an essential document.
      5. Identity proof: Passport/ID card/ Voter card/ Aadhar card/ration/card/driving license
      6. Proof of income: The applicants have to his salary slip of the last three months and bank statement for the last six months.

      PERSONAL LOAN

      Interest Rate 9.99%

      +91

      Personal Loan in Morvi Eligibility Criteria

      The personal loan eligibility criteria for both Salaried and Self-Employed vary in the following ways:

      Salaried Applicants

      1. The applicants must have the work experience of the three years and the salary should be received in their accounts only.
      2. The job location of the applicant should be mentioned.
      3. Age limit: 21 to 60 years
      4. The applicants must have a decent credit history and a good CIBIL Score is a must for approval of the personal loan

      Self-Employed Applicants

      1. The minimum age should be 25 years.
      2. The applicants applying for the personal loan should file ITR for the last three years.
      3. The credit score of the individual applicants should be good. There should not be any debt or dues left.
      4. The annual income of the applicants should be a minimum of Rs 2.5 lakh.
      5. The business should be running from the past three years with regular profit
      6. All the bank and financial statements of the previous 3 months to be submitted

      Click here to know more about eligibility: Personal Loan Eligibility

      Why Apply for Personal Loan Morvi?

      1. As it is an unsecured loan, no mortgage or collateral needs to be deposited.
      2. The amount of a personal loan depends upon the repayment capability and income of the applicant
      3. It is a multi-purpose offer loan and can be used for anything whatsoever
      4. It does not require any guarantor or nominee.

      How to apply for Personal Loan Morvi?

      1. Visit Dialabank
      2. Go to the loan section and click on the personal loan link.
      3. The applicant will be directed to all details of the personal loan where they can choose their preferred city along with all the necessary details
      4. Our relationship managers will then get in touch with you and provide you with the suitable offers
      5. For more information call us on 9878981166.

      PERSONAL LOAN

      Interest Rate 9.99%

      +91

      Processing Fee / Prepayment Charges on Personal Loan Morvi

      Processing of the personal loan application form requires a fixed amount known as processing fees that is charged by the bank to the borrower. These charges vary between 1.5% to 2.5% of the sanctioned loan amount.

      Every lending institution charges you a penal prepayment fee, in case you wish to foreclose your loan before the agreed loan tenure. 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 Morvi EMI Calculator

      Repayment of the loan amount borrowed by the bank can be done in an easy way which is through Equated Monthly Installments also known as EMI. EMI needs to paid regularly on a monthly basis. Your EMI is calculated basis the Interest Rate you are charged by the bank and the amount of loan you have to take and the period for which you enjoy the loan.

      Get to know more about EMI Calculator: Personal Loan EMI Calculator

      CIBIL Score required for Personal Loan Morvi

      With a good CIBIL score and credit history, the process of loan approval become much simpler. Most lending establishments require a minimum score of 750 to approve your loan application.

      The banks don’t just look at the overall score but also the detailed behaviour on the loan history including details on the type of loan taken, mode of repayment, and the amount borrowed. Any delayed payments for previous loans can act as a barrier in availing of loans in the future.

      PERSONAL LOAN

      Interest Rate 9.99%

      +91

      Personal Loan in Morvi Agent and Contact Number

      Dialabank is the leading agent for availing Personal Loan in Morvi. You can apply online at Dialabank or give a call at 9878981166

      Call 9878981166 and get Instant Personal Loan in Morvi.

      Pre Calculated EMI Table for Personal Loan Morvi

      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 Morvi

      Also known as Morbi, Morvi is a city situated in the state of Gujarat. It is an industrial hub famous for the electronics and clocks along with a wide base of ceramic industry

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