Personal Loan Pileru

Best Banks for Personal Loan Pileru

Personal Loan in Pileru Features

The personal loan is an unsecured loan for the banker, and a low-interest rate is to be paid by the applicant.

The bank’s primary concern is to see if the applicant is eligible enough to repay it if this fulfills the requirement, then the loan gets approved.

A Personal Loan is the best way to handle all such financial problems easily.

Personal Loan in Pileru 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
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

Personal Loan in Pileru Eligibility Criteria

The personal loan eligibility requirements are as followed:

Salaried Applicant:

1. The required minimum age of an applicant should be 21 years and maximum up to 60 years.
2. A borrower from the metropolitan city should have a minimum income of Rs 18,000. And for the non-metropolitan city, the minimum salary should be Rs 12,000.
3. The borrower must have three years of work experience, and the salary should be received in their account only.
4. A person applying for the Personal Loan must have a good credit history.
5. The Job location of the applicant.

Click here to know more about- Salaried Applicant

Self-employed Applicant:

1. The age requirement of a self-employed person should be 25 years.
2. The person applying for a Personal Loan should file ITR for the last three years.
3. A credit score of the applicant must be good, and there should not be any debt left due.
4. The minimum amount should be of Rs 2.5 lakhs per annum at least.
5. And if the applicant is running a business than his business should be running at least from last three years
6. The whole documentation process is straightforward; the applicant has to submit his financials and his bank statement of the previous three months.

Click here to know more – Self-employed Applicant

Personal Loan in Pileru Documents Required

1. Identity proof: As a verification document, one should especially require one among the following:  (Passport/ Id card/ Voter card/ Driving license/ Aadhar Card) any one of them.
2. Residence proof: The documents required as proof of residence are:  (Passport/ Id card/ Voter card/ Driving license/ Ration Card/ Aadhar Card).  And the applicant living in a rented apartment, then he has to submit his rental agreement, electricity bill on his name and the address of the owner.
3. Under, KYC formality: The applicant has to provide his PAN card which is an important document.
4. Salaried applicant: The applicant has to submit his bank statements of the last six months and the salary slip of the last three months.
5. Self-employed: The person applying for Personal Loan Pileru should file ITR for the last three years, and the business should be registered.
6. Two colored passport size photos. (Applicant should not be wearing glasses)

Why Apply for Personal Loan Pileru?

1. There is no need to deposit any mortgage and collateral security to the bank.
2. A personal loan can be used for various purpose and has no restrictions.
3. The amount of personal loan depends upon the repayment of individual income and capacity.
4. No third party is involved in the deal.

How to apply for Personal Loan Pileru?

1. To apply for a personal loan online, visit www.dialabank.com.
2. Go to the loan section and click on the personal loan link where the individual has to provide personal and professional details.
3. Our relationship manager swill checks the eligibility and gets in touch with you soon.
4. For more information and free guidance, you may call on 9878981166.

Processing Fee / Prepayment Charges on Personal Loan Pileru

Every Bank and NBFC charges two kinds of fees from its customers. The first is a fee for processing your Personal Loan application. These charges are 1% of the sanctioned loan amount.

Generally, a loan cannot be foreclosed before 12 months, but of any individual wishes to do so, banks charge a penalty fee known as prepayment charges which the borrower has to pay to the banks. The rates of this vary from bank to bank.

Personal Loan Pileru EMI Calculator

Equated Monthly Installments also know as EMI are the monthly fixed charges which are a mode of repayment to the bank for the loan amount borrowed. Based on your profile, the interest rate on your loan is determined. Your EMI is calculated based on the Interest Rate the bank charges you, 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 Pileru

CIBIL score is a fundamental aspect in the approval of loans. Various banks have their minimum requirements of a CIBIL score for loan approval.

The banks and NBFCs, along with the CIBIL score, analyze the credit history of the applicant to avoid any future inconvenience.

Personal Loan Pileru Agent and Contact Number 

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

About Pileru

Pileru is a place in Andhra Pradesh, India. It is a very easy and effortless process to take a personal loan when you will apply through Dialabank. In a personal loan, there is no need to mortgage any property as it is a secured loan. So it is very beneficial for an individual to take a personal loan, all you have to do is to visit Dialabank.com or call on 9878981166.

Personal Loan In Other Cities