Personal Loan Nawada

Major Personal Loan Providers in Nawada

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	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 Nawada Features

Are you looking for a reliable source of money that can help you support all your financial issues?

Dialabank brings you the simplest solution to your dilemma. You can now easily avail your Personal Loan Nawada. Personal Loan that helps you get over your financial issues.

• The services are customer-friendly, with an on-call advice facility and easy loan approval.
• Instant loan approval within max 48 hours of loan registration.
• It requires Basic documentation and a transparent loan procedure.
• All you require is the potential to repay and stick to the guidelines provided by the institution.
• No money usage barrier, the candidate has the liberty to spend the money in the best way possible.

To apply for a personal loan Nawada, click on Personal Loan

Personal Loan Nawada Interest Rates

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
Private 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

Documents for Personal Loan Nawada

Essential Documents required for Personal Loan Nawada:

Salaried Customers:

1. Identity Proof (Aadhar card/driving license) of the applicant
2. Salary slip of the past three months
3. Bank statements for the last 6 months
4. PAN Card of the candidate for verification purpose
5. Proof for Residence of the borrower (Own/Rent/Company provided)
6. Passport-size photograph – 2 of the candidate
7. *NOTE: If one lives in rented apartments, the rent agreement is mandatory to attach.

Self-Employed Customers:

1. Financial statements are required (Balance Sheet, P&L Statement as well as ITR files)
2. PAN Card of the individual
3. Aadhar card as an identity proof of the candidate
4. Residence Proof of the individual is mandatory
5. Passport-sized photographs– 2 of the applicant

Eligibility Criteria for Personal Loan Nawada

Essential criteria to follow for availing Personal Loan Nawada. Click here to know more about personal loan eligibility.

Salaried Applicants

• The base age of the candidate should belong to the age group of either under 21 years or over 60 years.
• The candidate must possess a working history of over three years. The compensation needs to be moved into records as it is.
• The applicant should possess a transparent credit history.
• The job location of the applicant should be specified.
• The borrower earns a minimum income of at least INR 25,000 p.m.

Click here to know more about a personal loan for- Salaried Applicant

Self-Employed Applicants

• The age of an independent person applying should be a min of 25 years.
• The applicant applying for a personal loan should have been filing ITR for the past three years. The business must be in operation for over three years consistently.
• The credit score of the applicant should be good, and there should be no dues to be repaid.
• The yearly income of the applicant should not be any less than Rs 2.5 lakh per annum.
• The entire document verification process for personal loan approval requires the applicants to submit their financial statements and their bank statement for the past three months.

Click here to know more about the personal loan for– Self-employed Applicant.

Why Apply for Personal Loan Nawada?

1. No mandate to submit a mortgage or collateral for security.
2. A personal loan is a kind of multidimensional loan, so it can be put to use for any issue.
3. A Personal Loan does not require any nominee or guarantor.
4. The amount of personal loans is entirely based on the repayment capacity of the applicant.

How to apply for Personal Loan Nawada?

1. Visit this website: www.dialabank.com.
2. After then, go to the loan section and go to the personal loan link. That will direct you to the detailed information of the personal loan where you can pick your city. For more information and free guidance, please call 9878981166.

Processing Fee / Prepayment Charges on Personal Loan Nawada

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 in case that you wish to put a closure to your before the chose advance residency, the loaning institution will charge you with either a punishment or a penalty for the move. Typically, you won’t be permitted to close your credit before the time of a year.

Post that, the charges vary dependent on the number of years the advance has finished. This charge changes from 4% of the rest of the advance sum in the second year to 2% in the fourth year of the credit.

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

Personal Loan Nawada 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 Nawada

Every loaning establishment has certain criteria and standards for loan approval. A cibil score of 750 is considerable for availing Personal Loan in Nawada. These establishments also look into your credit history and your credit activities for security reasons.

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 Nawada Agents

Dialabank is the most appropriate place for seeking agents for availing of Personal Loan Nawada. You can easily apply online at dialabank or give a call at 9878981166. Our customer relationship managers will get in touch with you instantly.

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.

Personal Loan Nawada Contact Number

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

Pre Calculated EMI Table for Personal Loan Nawada

Click here for the 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 Nawada

Nawada city and municipality are located in the Bihar state of India. Nawada is also the headquarters of the Nawada district. Nawada is the headquarters of the subdivision of the same name, lying on both sides of the Khuri River at 24º 53’ N and 85º 33’ E. The name evolved from Nau-Wada, which means the new town.

FAQs About Personal Loan Nawada

✅ Who can apply for a Personal Loan in Nawada?

An individual suffering a money crisis having a regular income source, either employed or self-employed, can apply for Personal Loan Nawada.

✅ What is the tenure of Personal Loan Nawada?

Most of the Banks and NBFCs have a set loan repayment tenure to abide by while availing a personal loan that varies from one 1year to 5 years. Although, some Banks extend the maximum period to 7 Years also. The repayment tenures are fixed and are irreversible. The repayment has to be done in equal monthly instalments within the agreed tenure of the loan.

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

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

• 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 been completed before you decide to pre-close it.

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

Personal Loan, being an unsecured loan, one of the most significant decision criteria for getting your Personal Loan application approved is your CIBIL Score. It is of significant purpose when we talk about personal loans; hence, maintaining a good Cibil score is of utmost importance.

EMI payments or any credit card payments will result in decreasing your CIBIL score. Most of the Personal Loan rejections occur because of a low CIBIL Score.