Personal Loan Sasaram

Major Personal Loan Providers in Sasaram

Personal Loan Sasaram Features

A Personal Loan Sasaram is a source of financial aid for personal use without any restriction from the bank. The loan is unsecured in nature so does not require any mortgage or collateral to pledge. One can meet a lot of imperative requirements with these funds like home improvements, going on vacations, paying off debts, meeting urgent financial emergencies, etc.

Furthermore, there is no end-use restriction on the use of the personal loan amount. You can use this loan amount for any purpose whatsoever. Avail Loan through DialaBank in no time.

Personal Loan Sasaram Interest Rates

To check Personal Loan Interest Rate for all major banks you can visit: Personal Loan Interest Rates

Documents for Personal Loan Sasaram

Salaried Customers:

1. 2 Passport-sized photographs (colored)
2. ID proof such as Aadhar card/driving license/ PAN Card, etc.
3. Bank statements for the last 6 months and Salary slips of last three months to be submitted to the bank
4. Address proof such as Water bill/ Voter ID/ Passport copy, etc

*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. ID proof such as Aadhar card/driving license/ PAN Card, etc.
3. Address proof such as Water bill/ Voter ID/ Passport copy, etc
4. Two passport-sized photographs

Eligibility Criteria for Personal Loan Sasaram

The eligibility criteria for personal loan for both Salaried and Self-Employed vary in the following ways:

Salaried Applicants

1. The applicants must have the work experience of the three years and the salary should be received in their accounts only.
2. The applicants must have an excellent credit history.
3. The job location of the applicant should be mentioned.
4. Age of the applicant should be between 21 to 60 years.

Self-Employed Applicants

1. The applicants Apply For the Personal Loan should file ITR for the last three years
2. The minimum age requirement for an independent person should be 25 years.
3. Submit his financial and his bank statement for the previous three months.
4. The credit score of the individual applicants should be good and also there should not be any debt or dues left.
5. If the applicants are the businessman, then the business should be running from the past three years.
6. The annual income of the applicants should be a minimum of Rs 2.5 lakh.

Click here to know more about eligibility: Personal Loan Eligibility

Why Apply for Personal Loan Sasaram?

1. no security or collateral needs to be deposited to the bank as a guarantee
2. A personal loan is a multi-purpose offer loan and can be used for any purpose whatsoever.
3. The amount of personal loan depends upon the repayment of individual income and capacity.
4. A Personal Loan does not require any third-party

How to apply for Personal Loan Sarsaram?

1. Visit www.dialabank.com.
2. Go to the loan section and click on the personal loan link.
3. In the next page, fill up all your details regarding income, address and other requirements
4. Our executives will then contact you for checking the eligibility and provide you with the best offers
5. For more information and free guidance, you may call on 9878981166.

Processing Fee / Prepayment Charges on Personal Loan Sasaram

For processing your Personal Loan application, banks charge processing fees which is 1% of the sanctioned loan amount.

In case you wish to foreclose your loan before the agreed loan tenure, every lending institution charges you a penal prepayment fee. In most cases, you cannot close your loan before 12 months. Post that the charges vary depending on how many years the loan has done.

Personal Loan Sasaram EMI Calculator

Equated Monthly Installments also know as EMI are the monthly fixed charges that you pay to the bank as monthly repayment for the loan amount borrowed.  Based on your profile, the Personal Loan 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.

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

CIBIL Score required for Personal Loan Sasaram

CIBIL score is an important criterion for loan approval. Different banks have different CIBIL Score requirements. Most institutions require a minimum score of 750 to process your loan application.

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

Personal Loan Sasaram Agents

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

Personal Loan Sasaram Contact Number

Call 9878981166 and get Instant Personal Loan in Sasaram.

Pre Calculated EMI Table for Personal Loan Sasaram

About Sasaram

Popular by the name “Bowl of Rice”, Sasaram is a city in the state of Bihar which is famous for its stonework and stone chips. Mass production of fertilizers and cement takes place here.