Personal Loan Namakkal

⋆ Interest Rate 9.99% ⋆

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      Why us?

      Rates as low as 9.99%*
      Loans Up to 30 Lacs
      Same Day Disbursal
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      Table of Contents

      Personal Loan Namakkal

      Best Banks for Personal Loan Namakkal

      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 Namakkal Features

      Personal Loan Namakkal

      A personal loan is an easy way to meet your monetary shortage at reasonable interest rates and minimum documentation. Personal Loan Namakkal is an unbound credit that gives a monetary guide to the clients at reasonable financing costs. To get a Personal Loan, the candidate needs to have a good credit history without pending dues. Moreover, there is no closure use limitation on the utilization of the individual credit sum. Therefore, you can utilize this credit sum anyplace you need to do.

      Personal Loan in Namakkal 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 Namakkal Documents Required 

      Salaried Customers:

      1. ID proof like Driving License/ Aadhar Card/ Voter ID, etc
      2. Bank statements for the last six months are necessary
      3. Salary slips of last three months is a must
      4. PAN Card
      5. Residence Proof such as agreement copy/ passport copy/ Elec & Telephone Bills, etc. (Owned/Rented/Company provided)
      6. Recent passport size photos

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

      Self-Employed Customers:

      1. All financials are required (Balance Sheet, P&L Statement as well as ITR files)
      2. ID proof like Driving License/ Aadhar Card/ Voter ID, etc
      3. Residence Proof such as agreement copy/ passport copy/ Elec & Telephone Bills, etc. (Owned/Rented/Company provided)
      4. Recent passport size photos
      5. PAN Card

      personal loan at 10.75%*

      Personal Loan in Namakkal Eligibility Criteria

      The eligibility criteria for both Salaried and Self-Employed are different:

      Salaried Applicants

      1. The applicants must have an excellent credit history without pending dues
      2. Minimum age: 21years
      3. Maximum Age: 60 years
      4. Minimum of three-year work experience and a stable source of income
      5. The job location of the applicant should be mentioned.

      Self-Employed Applicants

      1. Self-employed applicants should be at least 25 years of age.
      2. The annual income of the applicants should be a minimum of Rs 2.5 lakh.
      3. The applicant should file ITR for the last three years.
      4. The whole documentation process of the personal loan is the applicants have to submit his financial and his bank statement of the previous three months.
      5. The business should be running for the past three years if the applicant is a businessman.
      6. The credit score of the individual applicants should be good .there should not be any debt or dues left.

      Click here to know more about eligibility: Personal Loan Eligibility.

      Why Apply for Personal Loan Namakkal?

      1. A personal loan does not require any mortgage or collateral deposit as a guarantee.
      2. A Personal Loan does not require any guarantor or nominee.
      3. A personal loan can be utilized for any purpose without any restrictions.
      4. The amount of a personal loan depends upon the repayment of individual income and capacity.

      How to apply for Personal Loan Namakkal?

      1. Visit www.dialabank.com.
      2. Go to the loan section and click on the personal loan, where you can fill in all your personal details.
      3. The applicant will be directed to all personal loan details where they can choose their preferred city.
      4. For further assistance and free guidance, you may call on 9878981166.

      personal loan at 10.75%*

      Processing Fee / Prepayment Charges on Personal Loan Namakkal

      Every Bank and NBFC charges a processing fee for applying for a personal loan, which varies from 1.5% to 2.5% of the sanctioned loan amount.

      If you want 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 Namakkal EMI Calculator

      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. The bank’s interest rate, the amount of loan sanctioned, and the repayment period determine the EMI.

      To know more about the EMI calculator, Click here: Personal Loan EMI Calculator.

      CIBIL Score required for Personal Loan Namakkal

      Every lending institution has its own criteria for the minimum CIBIL score required for processing a Personal Loan application Namakkal. However, most institutions require a minimum score of 750 to process your loan application.

      Banks approve a loan based on the CIBIL score and your credit history, including details on the type of loan taken and the amount borrowed. Therefore, any delayed payments for previous loans can act as a barrier to your availing of a fresh loan.

      personal loan at 10.75%*

      Personal Loan in Namakkal Agent and Contact Number

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

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

      Pre Calculated EMI Table for Personal Loan Namakkal

      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 Namakkal

      Namakkal is a town in the territory of Tamil Nadu renowned for different things. It is known as the Transportation center point for the south as it ends up being a significant transportation course and center point for some produce. Renowned for its egg creation, Namakkal is otherwise called Egg city.

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