Personal Loan Pen

⋆ Interest Rate 9.99% ⋆

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        Why us?

        Rates as low as 9.99%*
        Loans Up to 30 Lacs
        Same Day Disbursal
        Doorstep Service
        Unbiased Experts Advice

        Personal Loan Pen

        Major Personal Loan Providers in Pen

        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 Pen Features

        Are you losing money? You don’t really need to stress. A personal loan is very much necessary for you. Not only is this loan improperly secured in nature, with the least collateral needed and much less reporting. It may take up to 48 hours for this loan to get accepted regarding the authentication system.

        Personal Loan Pen is a loan that offers and cost-effective bond yields to individuals requiring federal aid. In order to get a credit line, the banks are required to have a personal loan penclear and stable amount of livelihood and also decent credit background.

        Moreover, there is no such end-use restriction on the use of the personal loan amount. You can use this loan amount in whatever way you wish to.

        In order to apply for a personal loan, Pen click on Personal Loan

        Personal Loan Pen 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 Pen

        Essential documents required for availing Personal Loan Pen:

        Salaried Customers:

        1.  ID proof (Aadhar card/driving license)
        2. Two Passport-size photograph
        3. Slips for salary for the past three months
        4. Statement of Bank for the last 6 months
        5. PAN Card
        6. Proof of Residence (Own/Rent/Company provided)

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

        Self-Employed Customers:

        1. All financial statements are needed (Balance Sheet, P&L Statement as well as ITR files)
        2. PAN Card
        3. Proof of residence
        4. Two passport-sized photographs
        5. Aadhar


        Interest Rate 9.99%


        Eligibility Criteria for Personal Loan Pen

        Click here to know more about personal loan eligibility

        Salaried Applicants

        1. The minimum age of the applicant should not be less than 21 years or more than 60 years.
        2. The location of the applicant’s job should be stated.
        3. The borrower must have a minimum income of INR 25,000 p.m.
        4. The applicant must have work experience of at least three years. The salary should have been transferred in their accounts only.
        5. The applicant should have an excellent credit history.

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

        Self-Employed Applicants

        1. The age of an independent person should be at least 25 years.
        2. The whole document verification process of the personal loan requires the applicants to submit his financial and his bank statement of the previous three months.
        3. The applicant applying for the personal loan should have been filing ITR for the past three years.
        4. If the applicant is a businessman, then the business is required to be efficiently running from the last 3 years.
        5. The credit score of the applicant should be good and there must not be any debt or dues pending.
        6. The yearly income of the applicant should be a minimum of Rs 2.5 lakh.

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

        Why Apply for Personal Loan Pen?

        1. There is no requirement of depositing any mortgage or collateral as a security to the bank.
        2. A Personal Loan does not need any nominee or guarantor.
        3. A personal loan is a multidimensional loan, thus it can be put to use for all the issues related to money.
        4. The amount of personal loans is solely based on the repayment capacity of the individual.

        How to apply for Personal Loan Pen?

        1. Visit this website:
        2. Then, navigate to the loan section and go to the personal loan online link.
        3. You will be directed to the detailed information of the personal loan where you can pick your city.
        4. For further information and free guidance, feel free to call on 9878981166.


        Interest Rate 9.99%


        Processing Fee / Prepayment Charges on Personal Loan Pen

        Many banks and NBFCs charge a certain amount for approving a Personal Loan transaction. This penalty will change from 1.5 percent and 2.5 percent of the balance of the loan permitted.

        Both commercial banks can owe you a premium as a fixed rate fee if you plan to liquidate your loan prior to the determined loan tenure. Although, you are not authorized to close your loan within 12 months. After that, the costs vary depending on how many years the loan has concluded. This category encompasses from 4% of the original loan left in the 2nd year to 2% in the 4th year of the loan.

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

        Personal Loan Pen EMI Calculator

        Equated Maintenance Payments or EMI is a recurring fixed fee that you are made to pay to the bank as total salary on the loan balance which is lent. Based on your application, the rate of return on your loan is calculated. The EMI on your loan is selected on the basis of the Interest Rate the bank rewards you with and the loan balance you have to take and the duration over which you take the loan.

        CIBIL Score required for Personal Loan Pen

        All the lenders have their own requirements for a low CIBIL score that is required to handle a Personal loan Pen. Often, in order that will further review a demand, entities maintain a specific score of at least 750.

        No entity just looks at the total ranking. They also aim at a comprehensive view of past loans. The particulars include the form of loans and the amount of revenue that was obtained. If there occurs some delay in the collections of the previous loans, it can delay the acceptance of the existing loan.


        Interest Rate 9.99%


        Personal Loan Pen Agents

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

        Dialabank enables you to search for a better choice of Banks and NBFCs by allowing you access for the in-detail industry statistical study of different banks to help you select the right correct one. Check out our website and filling out a pure concept with the particulars of personal and job details. Our managed services representatives will be in contact with you immediately.

        Personal Loan Pen Contact Number

        Call9878981166 and get timely assistance and approval for Personal Loan in Pen.

        Pre Calculated EMI Table for Personal Loan Pen

        Click here for personal loan EMI calculator

        5 Yrs
        4 Yrs
        3 Yrs

        About Pen

        Pen is a town and taluka in Raigad district of Maharashtra.

        FAQs About Personal Loan Pen

        Who can apply for a Personal Loan in Pen?

        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 Mandsaur.

        What is the tenure of Personal Loan in Pen?

        Most of the banks and financial institutions offer a Personal Loan for a min span of 1 Year and a Max tenure of 5 Years. There are some Bankers that extend the maximum length to 7 Years too. The tenure is set and can not be expanded. Under the determined tenure of the loan, the servicing needs to be made in similar regular payments.

        Are there any other charges involved in Personal Loan Pen?

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

        Collection Fee: For any bank or banking company that you borrow from, there is a nominal fee that they demand from the client. This is known as the Transaction Fee. For each lending agency, the size of the strategy is derived varies and is typically between 1 percent and 2.5 percent of the amount owed.

        Or before-closure Charges: If you want to close a working loan before its negotiated long-run relationship, the Banks and NBFCs charge an extra amount known as pre-closure charges on the loan amount. Commercial countries have varying charges for before the-closure. The pre-closure payments differ based on how many years has your loan complete before you choose to pre-close it.

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

        As a personal loan is an appreciating asset, your Compost pile is one of the most critical decision criteria for getting your personal loan application accepted. Getting a High Bounce rate becomes definitely important if you plan to avail of a credit line in the future. Make sure you do not miss any of your EMI loan payments or credit card bills, as your Savings account could decrease. Most of the term loan rejections happen due to a low Credit bureaus Ranking.