Personal Loan RedHills

⋆ Interest Rate 9.99% ⋆

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      Rates as low as 9.99%*
      Loans Up to 30 Lacs
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      Personal Loan RedHills

      Best Banks for Personal Loan in RedHills

      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 RedHills Features

      Personal Loan RedHillsAre you running short out of cash? Do not worry. A personal loan is available for you. This loan is unsecured with minimal documentation and less paperwork. It takes 2 days after the verification process for the loan to be approved.

      Personal Loan RedHills is an unsecured form of loan that provides financial aid at affordable interest rates. To be eligible for a Personal Loan, the applicants need to have a stable source of income along with a good credit history.

      Personal Loan in RedHills Interest Rates and Charges 

      More About: Interest Rates on Personal Loan

      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 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 RedHills Documents Required 

      Salaried Customers:

      1. Identity proof (Aadhar card/driving license)
      2. Salary slips of last three months
      3. Aadhar Card/ PAN Card/ Voter ID/ Passport
      4. Residence Proof (Owned/Rented/Company provided)
      5. Bank statements for the last 6 months
      6. Passport-sized photographs – 2

      Self-Employed Customers:

      1. All financials are required (Balance Sheet, P&L Statement as well as Tax Return files)
      2. Aadhar Card/ PAN Card/ Voter ID/ Passport
      3. Residence Proof
      4. Two passport-sized photographs

      PERSONAL LOAN

      Interest Rate 9.99%

      +91

       Personal Loan in RedHills Eligibility Criteria

      The eligibility criteria for both Salaried and Self-Employed are different in case of Personal Loan

      Salaried Applicants

      1. The minimum age of eligibility is 21 years and a maximum of up to 60 years.
      2. Work experience of the three years. The job location should be mentioned.
      3.  A borrower should have a minimum income of INR 25,000 per month
      4. The applicants must have an excellent credit history

      Self-Employed Applicants

      1. The minimum age requirement for an independent person should be 25 years.
      2. If a businessman, then the business should be running for the past 3 years.
      3. Good credit score and there should not be any debt or dues left.
      4. ITR for the last 3 years.
      5. The annual income of the applicants should be a minimum of Rs 2.5 lakh.
      6. Financial and bank statement for the previous 3 months.

      How to apply for Personal Loan RedHills?

      1. Visit dialabank
      2. Navigate to the loan section
      3. Click on the personal loan link.
      4. You will be directed to all details of the personal loan
      5. Choose your preferred city.
      6. Call on 9878981166.

      PERSONAL LOAN

      Interest Rate 9.99%

      +91

      Processing Fee / Prepayment Charges on Personal Loan RedHills

      Every Bank and NBFC charges a fee for processing your Personal Loan application. The charges vary between 1% of the loan amount.

      In case the applicant wishes to foreclose the loan before the agreed loan tenure, every bank and lending institution charges a penal prepayment fee. In most cases, the applicant cannot close your loan before 1 year. Post that the charges vary depending on how many years the loan has done. These charges vary from 4% to 2% in the 4th year of the loan.

      Personal Loan RedHills EMI Calculator

      Equated Monthly Installments are the monthly fixed charges that you pay to the bank as monthly repayment for the loan amount borrowed.  Based on your profile, the interest rate on your loan is determined. Your EMI is calculated basis the Interest Rate you are charged by the bank and the amount of loan you have to take and the period for which you enjoy the loan.

      Click here for personal loan EMI calculator.

      CIBIL Score required for Personal Loan RedHills

      Every lending institution has its own set of criteria for the minimum CIBIL score required for processing a Personal Loan application in Red Hills. Most institutions demand a minimum score of 750 points to process your loan application.

      The institutions don’t just look at the overall points but also the detailed behaviour on the previous loans taken. This includes details on the type of loan taken and the loan amount borrowed. Any delayed payments for previous loans can act as a barrier to your availing a fresh loan.

      PERSONAL LOAN

      Interest Rate 9.99%

      +91

      Personal Loan RedHills Agents

      Dialabank is the leading agent for availing Personal Loan in Red Hills. Apply online at dialabank or give a call at 9878981166

      Personal Loan RedHills Contact Number

      Call 9878981166 and get instant help and approval for Personal Loan in Red Hills.

      Pre Calculated EMI Table for Personal Loan Red Hills

      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 RedHills

      RedHills is a neighbourhood locality in the northwestern part of Chennai, Tamil Nadu, India. The name RedHills was derived from the red-coloured hills that were mostly present in this area in the early stage.