Personal Loan Nautanwa

About Personal Loan Nautanwa

Rising from ashes to being independent takes courage and we aren’t going to let something as trivial as money break it off. Dialabank here is going to help you with all the necessary steps and the finances as and when required.

What is a Personal Loan?

A personal loan is an unsecured loan that provides financial aid to the customers at affordable interest rates. To get a Personal Loan, the applicant needs to have a rigid and excellent source of income and has a good credit history. Furthermore, there is no end-use restriction on the use of Personal Loan Nautanwaamount. You can use this loan amount anywhere you want to do.

A personal loan is a fixed amount of money that is taken by people from the banks who need money. The purpose of taking a loan might be any medical emergency, education loan for their children, a family function, or any other personal need. Personal Loan includes only your basic information and quick disbursal is available within 1-2 days.

Dialabank offers Personal Loans offer fast processing of your loan. Personal Loans can be used for plenty of purposes!

Benefits of Personal Loan Nautanwa

A loan without any collateral or security: These loans are not secured, which means they don’t require any securities for their approvals.

1. Simple Documentation: The documentation of Personal Loan Nautanwa is very simple. The required documents are the basic ones and do not need to worry about it.
2. Loan Amount: The cost of Personal Loan Nautanwa can be from Rs 50000 to Rs 20 Lacs.
3. Quick Loan Approval: The Personal Loan Nautanwa is in this category can be provided to the customers immediately after the documents have been verified.
4. Multipurpose finance: These can be used for different purposes in daily life.
5. No Third-party involvement: The dealing of Personal Loan Nautanwa is directly in between the customers and banks.
6. Hassle-free: The online application processes have made these loans hassle-free. The applicants can now check the eligibility, required documents, amounts that can be availed in the loan, and the EMI calculator.

Not everyone can get Personal Loan Nautanwa. There are some criteria based on them the bank provides a personal loan to the applicants. Let us discuss them.

Categories of Applicants

There are different criteria for both categories. Let us see both of them one by one.

For Salaried

1. First of all the age of the applicant should be more than 21 years.
2. After that he/she should be earning Rs. 18000 per month at least.
3. After that, the applicant should have the work experience of 3 years at least.
4. After that he/she should be getting the salary in his/her bank account.
5. The credit history of the applicant should be good.

For Self-employed

1. If the applicant is self-employed than his/her age should be 25 years at least.
2. He/she should be filing ITR for the last three years at least.
3. His/her CIBIL score should be good.
4. The ITR should be of Rs. 2.5 Lakhs per annum at least.

Documentations for Personal Loan Nautanwa

1. One Identity proof is required. (Passport/Id card/voter card/driving license) Everyone usually has these documents and thus you can submit any one of them.
2. 2 passport size colored photos. Though the applicant should make sure that their face is visible and they should not be wearing any spectacles.
3. A passport can also be considered as your identity proof because a passport has a name, age, address, and a photograph of the customer. If you have a passport, then there is no need to bring your address proof separately. But the passport should not be expired.
4. Bank statement of last 6 months and salary slip of last three months needed(in case of a salaried employee)
5. Residence proof can be the Aadhar card, voter card, and passport (Passport/Id card/voter card/driving license). Electricity and water bill for the last three months because these are the proofs that you are residing in that particular place.
6.  A driving license is also regarded as a proof of identity and residence proof because it contains the name, date of birth, and a photograph of the customer. But the condition is that it should not be expired.
7. Aadhar card provided by UIDAI contains biometric details of the customers like age, date of birth, and a photograph of the individual. It can be considered as proof of your date of birth.
8. PAN card is the permanent account number that is provided to the customers, and it prevents the financial frauds. So it is also considered as an identity/residence proof. Pan card is essential to document under KYC (Know Your Customer) formality.
9. Ration card is also considered as a residence proof because it provides enough information about the applicant.

How to apply for Personal Loan Nautanwa?

You can easily apply for a personal loan if you are eligible. You can apply for the personal loan on the site of Dialabank. You just have to fulfill the online application form, and you will get a callback. You can apply there for a personal loan more easily and hassle-free.

Steps to Apply

1. First of all visit www.dialabank.com on Google.
2. After that, fill the application form for the personal loan.
3. You will get a call back within 5 minutes, with proper guidance.
4. If you are eligible, then your loan will get approved within 10 minutes.

Why Dialabank?

1. Dialabank responds to the customer’s queries very quickly.
2. Since the Dialabank is the first financial helpline, so there are no safety issues.
3. Besides that, the interest rates that we offer are very low.
4. Furthermore, here you can compare the rates of interest with other banks too.
5. You will get proper guidance for the personal loan here.
6. If you apply on the dialabank.com, you will get a document pick up facility from your doorstep.

Who can’t apply?

1. An applicant whose age is less than 21 years can’t apply for a personal loan.
2. An unemployed person can’t apply for a personal loan.
3. A person is earning less than Rs. 15000 can’t apply for a personal loan.
4. In metro cities, the salary of the applicant should be Rs. 18000 at least.
5. A person with a bad CIBIL score cannot apply.

Check more details about personal loans

1. Personal Loan Eligibility
2. Personal Loan Documentation

Processing Fee / Prepayment Charges on Personal Loan Nautanwa

All Banks and NBFCs cost a certain fee to process a Personal Loan application. This cost varies between 1.5% to 2.5% of the sanctioned loan amount.

If you wish to close your loan before the decided loan tenure, all lending institutions will be charging you a penalty as a prepayment fee. Usually, you will not be allowed to close your loan before a period of 12 months. Post that, the charges differ based on the number of years the loan has completed. This charge varies from 4% of the remaining loan amount in the second year to 2% in the fourth year of the loan.

To know about the interest rate click on personal loan interest rate

Personal Loan Nautanwa EMI Calculator

Equated Monthly Installments or EMI implies a monthly fixed rate that you are needed to pay to the bank as monthly repayment for the loan amount which is secured. According to your profile, the rate of interest on your loan is set. The EMI on your loan is calculated depending upon the Rate the bank charges you with and the loan amount you have to take and the period for which you take the loan.

CIBIL Score required for Personal Loan Nautanwa

All the lending institutions have their criteria for a minimal CIBIL score that is needed to process a Personal Loan application in Nautanwa. Mostly, the institutions need a minimum score of at least 750 to further process an application.

No institution only looks at the overall score. They also look at an elaborated view of the previous loans. The details include the type of loans and the amount of money that was borrowed. If there exists any delay in the payments of the previous loans, it may hinder the approval of the present loan.

Personal Loan Nautanwa Agents

Dialabank is one of the leading agents for availing Personal Loan in Nautanwa. You can easily apply online at www.dialabank.com or give a call at 9878981166

Dialabank assists you to look for the best option of Banks and NBFCs by giving you access to an in-detail market comparative analysis of various banks to help you pick the right one. Visit our website www.dialabank.com and fill out a simple form with the details of personal and employment data. Our customer relationship managers will be in touch with you shortly.

Personal Loan Nautanwa Contact Number

Call 9878981166 and get timely assistance and approval for a Personal Loan in Nautanwa.

Pre Calculated EMI Table for Personal Loan Nautanwa

Click here for a personal loan EMI calculator

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

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About Nautanwa

This is a town in the Maharajganj district of Uttar Pradesh with a population of 1,05,345 according to the census of 2011. The majority of the population here speaks Hindi. With Dialabank providing their services to every part of the country it has become so much easier for people everywhere to have access to our services and avail loan.

FAQs About Personal Loan Nautanwa

✅Who can apply for a Personal Loan in Nautanwa?

People who have an urgent need for cash and have a regular source of income (from employment or business) can apply for a Personal Loan in Nautanwa.

✅What is the tenure of Personal Loan in Nautanwa?

Most of the Banks and NBFCs provide a Personal Loan for a min period of 1 Yr and a Max period of 5 Years. There are some Banks which extend the maximum period to 7 Years also. The tenure is fixed and cannot be extended. The repayment has to be done in equal monthly installments within the agreed tenure of the loan.

✅Are there any other charges involved in Personal Loan Nautanwa?

Yes, there are 2 types of charges that one needs to pay to avail a personal loan in Nautanwa:

Processing Fee: For every bank or lending institution that you borrow from, there is a small fee that they charge from the customer. This is known as Processing Fee. The amount of processing fee varies for each lending institution and is normally between 1% and 2.5% of the loan amount.

Pre-closure Charges: If you want to close a running loan before its decided tenure period, the Banks and NBFCs charge an extra amount known as pre-closure charges on the borrowed loan amount. Different banks have different pre-closure charges. The pre-closure charges vary depending on how many years has your loan completed before you decide to pre-close it.

✅Can my application for Personal Loan Nautanwa get rejected due to my CIBIL score?

Personal Loan, being an unsecured loan, one of the most significant decision criteria for getting your Loan application approved is your CIBIL Score. Having a High CIBIL score becomes extremely important if you wish to avail of a Personal Loan in the future. Make sure you don’t leave or delay any of your loan EMI payments or any credit card payments as that will result in decreasing your CIBIL score. Most of the Personal Loan rejections occur because of a low CIBIL Score.

Personal Loan Interest Rates: Updated 2020

Personal Loan Interest Rates: Updated 2020

Bank	Interest Rates	Processing Fees
HDFC Bank	10.99% to 18%	2% to 2.5%
Private Bank	13.99% to 18%	2%
Fullerton India	17.25% to 32%	2% to 3%
Bajaj Finserv	13.99% to 16.75%	2% to 3%
Axis Bank	15.50% to 24%	1.5% to 2%
Standard Chartered Bank	15.75% to 22%	2% to 3%
Kotak Mahindra Bank	13.75% to 19%	2%
Andhra Bank	13.50% to 22%	0.5% to 1.5%
Bank of Baroda	13.50% to 19%	2%
Vijaya Bank	13.75% to 22%	1.5% to 2%
Corporation Bank	14.50% to 20%	1.5% to 3%
Allahabad Bank	13.70% to 20%	1.5% to 2%

Personal Loan Interest Rates: Updated 2020

Bank	Interest Rates	Processing Fees
HDFC Bank	10.99% to 18%	2% to 2.5%
Private Bank	13.99% to 18%	2%
Fullerton India	17.25% to 32%	2% to 3%
Bajaj Finserv	13.99% to 16.75%	2% to 3%
Axis Bank	15.50% to 24%	1.5% to 2%
Standard Chartered Bank	15.75% to 22%	2% to 3%
Kotak Mahindra Bank	13.75% to 19%	2%
Andhra Bank	13.50% to 22%	0.5% to 1.5%
Bank of Baroda	13.50% to 19%	2%
Vijaya Bank	13.75% to 22%	1.5% to 2%
Corporation Bank	14.50% to 20%	1.5% to 3%
Allahabad Bank	13.70% to 20%	1.5% to 2%