Personal Loan Raikot

⋆ 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

Best Banks for Personal Loan Raikot

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 Raikot Features

Personal Loan Raikot

Personal Loan Raikot is a kind of loan where you can borrow the money from the bank at an affordable rate of interest to fulfil your personal need. It can be anything; the bank would not question the use of the loan amount. So Personal Loan is the best way to overcome such a financial crisis. Whenever there is a need of immediate money without any restriction, Personal Loan comes to the rescue.

Personal Loan in Raikot 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
1%
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 Raikot Documents Required 

Salaried Customers:

  1. PAN Card
  2. Proof of address such as Telephone Bill/ Agreement/ Electricity bill (Owned/Rented/Company provided)
  3. 2 recent coloured passport-sized photographs
  4. ID Proof such as Aadhar card/ Passport Copy/ Driving License, etc.
  5. Bank statements for the last 6 months and salary slips of last previous months is necessary

*NOTE: In case of rented apartments, 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. PAN Card
  3. Proof of identity like Aadhar Card/ Driving License/ Passport copy, etc.
  4. Address Proof: Telephone bill/ Electricity Bill/ Voter ID, etc.
  5. Two recent passport-sized photographs

personal loan at 10.75%*

Personal Loan in Raikot Eligibility Criteria

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

Salaried Applicants

  1. Age of the applicant should be between 21 to 60 years
  2. The applicants must have an excellent credit score and loan history
  3. Work experience of 3 years is a must and the salary should be transferred to their personal account.
  4. Location of the job should be mentioned

Self-Employed Applicants

  1. The minimum age of the applicant should be 25 years.
  2. The credit score of the individual applicants should be good .there should not be any debt or dues left.
  3. 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.
  4. The applicants applying for the personal loan should file ITR for the last three years.
  5. If the applicant is a businessman, then the business should be operational from the past three years.
  6. The annual income of the applicants should be a minimum of Rs 2.5 lakh.

Click to know more about Eligibility: Personal Loan Eligibility

Why Apply for Personal Loan Raikot?

  1. A personal loan can be used for various purpose and has no restrictions
  2. As it is an unsecured loan, no need to deposit any collateral or mortgage to the bank
  3. The amount of personal loan depends upon the repayment of individual income and capacity.
  4. A guarantor or nominee is irrelevant in a personal loan

How to apply for Personal Loan Raikot?

  1. To apply for a personal loan without wasting any time visit dialabank.
  2. On selecting personal loan in the loan selection you will be directed to a new page
  3. All the details regarding personal loan can be found on this new page
  4. Fill in all the necessary details and provide all the documents
  5. Our executives will then get in touch with you soon
  6. For more information and free guidance, you may call on 9878981166.

personal loan at 10.75%*

Processing Fee / Prepayment Charges on Personal Loan Raikot

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.

Every institution which offers personal loan charge a penalty in the form of prepayment in case any individual who has borrowed a certain amount of loan from the bank wishes to foreclose it before the agreed tenure of the loan. These charges vary depending upon the loan tenure left for them.

Personal Loan Raikot EMI Calculator

Equated Monthly Installments also know as EMI are an easy way of paying back the loan amount borrowed on a monthly basis. This EMI can be calculated considering multiple parameters which include the tenure of the loan amount sanctioned for, the interest rate charged by the bank and the amount of loan disbursed.

Get to know more about EMI Calculator: Personal Loan EMI Calculator

CIBIL Score required for Personal Loan Raikot

CIBIL score is an important aspect for the banks to check for eligibility of loan. Minimum of 750 CIBIL scores is needed for further approval of the loan application.

The banks and NBFCs along with checking the score analyze the credit history, and your behaviour on lending and repayment accordingly.

personal loan at 10.75%*

Personal Loan Raikot Agents

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

Personal Loan Raikot Contact Number

Call 9878981166 and get instant help and approval for Personal Loan in Raikot. Thereafter, our relationship managers will assist you.

Pre Calculated EMI Table for Personal Loan Raikot

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 Raikot

Situated in the Ludhiana district in the Indian state of Punjab is the city of Raikot. The place has an average literacy rate of 77%, higher than the national average of 59.5%

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