Personal Loan Salur

Looking for any kind of financial help? Whether for any medical expense or for educational purposes.

Don’t worry Personal Loan is available for you. Personal Loan Salur is an unsecured loan in nature with minimal documentation and less paperwork required. It gets disbursed within 48 hours by applying with Dialabank and the amount of loan sanctioned is transferred in the account of the applicant without any hassle.

Personal Loan Salur is a loan where you borrow the money from a bank at a specific rate of interest to fulfill your financial and personal needs. Personal Loan is the best way to overcome a financial crisis. Whenever there is a need for immediate money then a personal loan is the best option available for you.

Personal Loan in Salur Interest Rates  

Personal Loan in Salur Documents Required 

Salaried applicants

1. The documents required for the residence proof includes (Passport / ID card / Voter card / Aadhaar card / Ration card / Driving license), and if the applicants are living in rental apartments then they have to submit their Rent Agreement, Electricity bill on his name and address of the owner.
2. Salaried applicants have to show their salary slip of the last three months and bank statement for the last six months.
3. Under KYC formality, every applicant has to submit their pan card, which is an essential document.
4. Two colored passport size photos ( Applicants should not wear any glasses)

Self-employed applicants

1. The documents required for the residence proof includes (Passport / ID card / Voter card / Aadhaar card / Ration card / Driving license), and if the applicants are living in rental apartments then they have to submit their Rent Agreement, Electricity bill on his name and address of the owner.
2. Self-employed applicants who want to apply for a personal loan should file ITR for the last three years, and their business should be registered.
3. Under KYC formality, every applicant has to submit their pan card, which is an essential document.
4. Two colored passport size photos ( Applicants should not wear any glasses)

Personal Loan in Salur Eligibility Criteria

Salaried Applicants

1. The minimum age requirement of the individual for getting Personal Loan Salur should be 21 years and a maximum of up to 60 years.
2. The applicants must have work experience of three years. And the salary should be received in their respective bank accounts only.
3. The applicants must have an excellent credit history.
4. The job location of the applicant should be mentioned.
5.  In a metropolitan city, a borrower should have a minimum income of Rs. 18,000 and in non-metro city minimum income should be Rs. 12,000

Self-Employed Applicants

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

Why Apply for Personal Loan Salur?

1. There is no hard and fast rule for the requirement of depositing any mortgage or collateral as a security to the bank.
2. A personal loan is a kind of multidimensional loan, so it can be put to use for any kind of issue.
3. The amount of personal loans is entirely based on the repayment capacity of the applicant.
4. A Personal Loan does not require any nominee or guarantor.

How to apply for Personal Loan Salur?

1. Visit this website: www.dialabank.com.
2. Then, go to the loan section and go to the personal loan link. It 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 Salur

All Banks and NBFCs cost a certain fee to process a Personal Loan application. This cost is 1% of the sanctioned loan amount.

If you wish to close your loan before the decided loan tenure, all lending institutions will be charging you a penalty as a prepayment fee. Usually, you will not be allowed to close your loan before a period of 12 months. Post that, the charges differ based on the number of years the loan has completed. This charge varies from 4% of the remaining loan amount in the second year to 2% in the fourth year of the loan.

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

Personal Loan Salur 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 Salur

All the lending institutions have their own criteria for a minimal CIBIL score that is needed to process a Personal Loan Salur application. Mostly, the institutions need a minimum score of at least 750 to further process an application.

No institution only looks at the overall score. They also look at an elaborated view of the previous loans. 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 Salur Agents

Dialabank is one of the leading agents for availing Personal Loan in Salur. You can apply online at Dialabank.

Dialabank works as a bridge to find the best option between several Banks and NBFCs by providing you with a detailed and structured market comparison of different banks. This eliminates the unnecessary worries about the complex information and process you have to go through. So, you can make the right choice. Visit our website Dialabank to fill a simple form for more details and our customer relationship managers will soon get in touch with you.

Personal Loan Salur Contact Number

Call 9878981166 and get instant Personal Loan in Salur.

Pre Calculated EMI Table for Personal Loan Salur

Click here for a personal loan EMI calculator

About Salur

Salur or Saluru is a municipal town and Mandal headquarters in Vizianagaram district, of the Indian state of Andhra Pradesh.

FAQs About Personal Loan Salur

✅ Who can apply for a Personal Loan in Salur?

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 Salur.

✅ What is the tenure of Personal Loan in Salur?

Most of the Banks and NBFCs provide a Personal Loan for a min period of 1 Yr and a Max period of 5 Years. There are some Banks which extend the maximum period to 7 Years also. The tenure is fixed and cannot be extended. The repayment has to be done in equal monthly installments within the agreed tenure of the loan.

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

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

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 1% 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 completed before you decide to pre-close it.

✅ Can my application for Personal Loan Salur 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. Having a High CIBIL score becomes extremely important if you wish to avail of a Personal Loan in the future. Make sure you don’t leave or delay any of your loan EMI payments or any credit card payments as that will result in decreasing your CIBIL score. Most of the Personal Loan rejections occur because of a low CIBIL Score.

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