1% - 2.5% of the Loan Amt
1% - 2.5% of the Loan Amt
Personal Loan Satara Features
Personal Loan Details
10.75% to 24% p.a.
1 year to 5 years
|Pre-closure Charges||2% - 5%|
No guarantor required
Whether getting finance for your dream car or planning for a foreign trip Personal Loan is the right choice to get yourself financed. Personal Loan Satara also is known as the unsecured loan as a borrower does not require to submit any collateral for availing the loan.
Personal Loan Satara is an unsecured loan that provides financial aid to the customers at affordable interest rates. To get a Personal Loan, the applicant needs to have a rigid and good income source and has a good credit history.
Furthermore, there is no end-use restriction on the use of the personal loan amount. You can use this loan amount anywhere you want to do.
Personal Loan Satara Interest Rates – Jul 24 2021
The interest rates in Personal Loan depends on the company’s profile and salary of a person. The interest rate of personal Loan starts @10.75% per annum.
|Name of the Bank||Interest Rate Range||Processing Fee Range||Loan Amount||Tenure|
|ICICI Bank||11.59% - 18.49% (Fixed)||2.25% (min. Rs.1149) One time fee||Rs.20 lakh (Max)||1-5 Years|
|CitiBank||10.99% - 15.99% (Fixed)||1% to 2.5%||Rs.30 lakh (Max)||1-5 Years|
|Kotak Mahindra Bank||10.99% to 24% p.a.||Up to 2.5% of the loan amount along with GST or service tax||Rs.50,000 to Rs.15 lakh||1 to 5 Years|
|Fullerton India||11.99% to 23.99 p.a.||Information not provided.||Up to Rs.20 lakh for salaried and up to Rs.30 lakh for self-employed individuals||1 to 4 Years|
|Bank of Baroda||11.35% - 14.35%Fixed||Rs.1,000 to Rs.10,000 (One time fee)||Rs.20,000 - Rs.2 lakh||4 Years (Max)|
|State Bank of India||12.90% - 14.90% (Fixed)||1% (One time fee)||Rs.24,000 - 15 lakh||5 Years|
|Aditya Birla||11.5% - 13.25% (Fixed)||Nil||Rs.30 lakh (Max)||1-5 Years|
|Allahabad Bank||Information not provided||1.06% of loan amount||Information not provided.||1 to 5 Years|
|Yes Bank||14% p.a.||Up to 2% (One-time fee)||Rs.2 lakh to Rs.20 lakh||1 to 5 Years|
|Corporation Bank||12.75% to 13.75% p.a.||Up to 1.5% Minimum amount of Rs.500||Up to Rs.3.50 lakh||Up to 5 Years|
Get low-interest rates.
Personal Loan Satara Fees & Charges – Jul 24 2021
|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
Documents Required for Personal Loan in Satara
List of Documents Required for Salaried Applicants
Salaried individuals must submit the following documents in addition to a completed personal loan application form:
|Photo Identity Proof (Any one)||Passport
|Address Proof (Any one)||
Utility Bill (telephone, electricity, water, gas) – less than 2 months old
Salary slips (Last 3 months)
Bank statements for the last 3 to 6 months (showing salary credit)
|Tax Paid (Any one||
IT returns (for 2 years)
|Residence Ownership Proof (Any one)||
|Proof of Job Continuity (Any one)||
Current employment certificate
Current job appointment letter (if more than 2 years have been spent in the same organisation)
Experience certificate (previous employer’s relieving or appointment letter along with job certificate)
|Proof of Investment (if any)||
Fixed assets, fixed deposit, shares, etc.
|Existing Loans (if any)||
Payment Track Record & Sanction letter
One coloured passport size photograph
List of Documents Required for Self-employed Applicants
Self-employed personal loan applicants must submit the following documents in addition to a fully completed loan application form:
|Photo Identity Proof (Any one)||Passport
|Address Proof (Any one)||
Utility Bill (telephone, water, electricity, gas) – less than 2 months old
|Proof of Residence Ownership (Any one)||
|Proof of Office Address and Ownership (Any one)||
|Proof of Business Existence (Any one)||
Copy of GST registration
Company registration license
Shop establishment proof
Last 2 years Income tax returns of the applicant along with computation of income duly attested by a Chartered Accountant
Audited balance sheet and Profit & Loss accounts, including tax audit report, if applicable
Savings/current account bank statement/ bank passbook for the past one year
|Proof of Investment (in case any)||
Investments such as fixed deposit, fixed assets, shares, etc.
|Existing Loans (in case any)||
Payment Track Record and sanction letter
|Professional Degree Certificate||
In case of professionals
One coloured passport size photograph
List of Documents Required for NRI Applicants
When applying for a personal loan, NRI candidates are typically required to submit the following documents:
|Identity Proof||Copy of the passport
Copy of the visa
|Employment Proof||Letter of Appointment
Labour/ Identity card (if applicable)
Official email ID or the HR’s email ID
|Income Proof||Last 6 months’ bank statements
Last 6 months’ salary slips or salary certificate
|Photograph||Passport size photographs|
List of Documents Required for Pensioners
When applying for a personal loan, a pensioner must submit the following documents:
|Identity/Age Proof (Any one)||
Voter ID card
School leaving certificate
|Address Proof (Any one)||Passport
|Income Proof (Any one)||
Last 6 months’ bank statements/salary slips
Copy of pension payment order
Income tax returns
Passport size photographs
Know More About: Personal Loan Eligibility Criteria
Personal Loan Satara Eligibility Criteria
|Age||21 - 60 years||21 - 65 years|
|Minimum Income||Rs.15,000*||Rs.5 Lakh p.a.|
|Co-applicant||Not mandatory||Not mandatory|
|Loan Tenure||12 – 60 months||12 – 60 months|
|Maximum Loan Amount||Rs.40 Lakh||Rs.40 Lakh|
|Employment Type||Employees of private limited companies and public sector undertakings||
|Employment/Business Continuity||At least 2 years; minimum 1 year with current employer||
4 years Post Qualification experience for Doctors/ Chartered Accountants.
5 years Post Qualification experience for Company Secretary / Architect.
|CIBIL Score||750 and above||750 and above|
Resident Indian staying in own house or a rented house
*In cities such as Kochi, Kolkata, Ahmedabad, Pune, Hyderabad, Mumbai, Chennai, Bengaluru, and Delhi the net monthly income required is Rs.20,000
*Note: The eligibility criteria vary from lender to lender.
Check Personal Loan Eligibility with Top Lenders in 2021
|Bank||Age Limit||Minimum Work Experience||
Minimum Income (Per Month)
|SBI||Up to 76 years||NA**||Rs.15,000|
|HDFC||21 to 60 years||2 years||Rs. 20,000|
|ICICI||23 to 58 years||2 to 5 years||Rs.17,500|
|Axis||21 to 60 years||NA**||Rs.15,000|
|Kotak Mahindra||22 to 55 years||1 year||Rs.25,000|
|Tata Capital||21 to 58 years||1 year||Rs.15,000|
|IndusInd||21 to 60 years||2 to 5 years||Rs.25,000|
|Ujjivan Small Finance||22 to 58 years||NA**||
Above the minimum wage limit
|India Infoline Finance Limited||25 to 60 years||6 months to 2 years||Rs.35,000|
|HDBFS||21 to 65 years||1 year to 3 years||
Rs.15,000 for salaried
Rs.1 lakh p.a. for self-employed
|Indian Overseas Bank||Up to 58 years||NA*||Rs.5,000|
|IDFC First Bank||23 to 68 years||3 years||NA*|
|Federal Bank||21 - 55 Years||3 years||Rs.25,000|
|Punjab National Bank||21 – 58 years||2 years for doctors||Rs.15,000|
|Andhra Bank||21 - 55 years||NA**||NA*|
Salaried: Rs.6,000 & above
Self-employed - Rs. 1.5 lakh
|IDBI Bank||Up to 75 years for Pensioners||NA**||Rs.1.5 lakh p.a.|
|Fullerton India||21 to 55 years||1 to 2 years||Rs.15,000|
|RBL Bank||25 to 60 years||1 to 3 years||Rs.25,000|
|Bank of Baroda||21 to 60 years||1 year to 2 years||
60% of gross monthly income
|Deutsche Bank||25 to 60 years||NA**||Rs.25,000|
|Karnataka Bank||NA**||3 years||NA*|
|United Bank of India||up to 75 Years||2 years||NA*|
|UCO Bank||21 to 65 years||1 year to 5 years||Rs.20,000|
*Personal loan disbursal is solely at the bank’s discretion and as per the bank’s terms and conditions
Learn More about Personal Loan: Click Here
The personal loan eligibility criteria for both Salaried and Self-Employed are different:
- CIBIL score should be good without any history of bad credit
- The applicant should not be below 21 and above 60 years.
- A total of job 3 years of work experience is essential.
- The job location of the applicant should be mentioned.
Click here to know more about- Salaried Applicant
- The minimum age requirement for a self-employed borrower is 25 years.
- The applicants applying for the personal loan should file ITR for the last three years.
- The annual income of the applicants should be a minimum of Rs 2.5 lakh.
- If the applicants are the businessman, then the business should be running from the past three years.
- The credit score of the individual applicants should be good. There should not be any debt or dues left.
- The whole documentation process of the personal loan is the applicants have to submit his financial and bank statements of the previous three months.
Click here to know more – Self-employed Applicant
To know more about eligibility, click here: Personal Loan Eligibility.
Why Apply for Personal Loan in Satara?
- The amount of personal loan in Satara depends upon the repayment capability of individual income and capacity.
- A personal loan doesn’t need any mortgage or collateral deposition as it is an unsecured loan.
- A personal loan can be used for the multi-purpose offer and can be used for all the finance problems.
- A Personal Loan does not require any kind of co-applicant guarantor or nominee.
How to apply for Personal Loan in Satara?
- Visit www.dialabank.com. to apply for a loan in a hassle-free process.
- In the loan section and click on the personal loan option from the options.
- The personal loan application will be directed to all details required to choose their preferred location and fill up other necessary details required.
- For more information and free guidance, you may call on 9878981166.
Processing Fee / Prepayment Charges on Personal Loan Satara
Every Bank and NBFC charges a fee for processing your Personal Loan application, and these charges vary between 1% of the sanctioned loan amount depending upon the bank.
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. These charges vary from 4% of the outstanding loan amount in the 2nd year to 2% in the loan’s 4th year.
Personal Loan Satara EMI Calculator
Equated Monthly Installments are the monthly charges and fees that you have to pay to the bank or NBFC as monthly repayment for the loan amount borrowed. Based on your profile, that includes your income, the interest rate on your loan is determined. Your EMI is calculated using personal loan EMI calculator basis the Interest Rate you are charged by the bank and the amount of loan you have to take and the tenure period for which you enjoy the loan.
Click to know more about EMI Calculator: Personal Loan EMI Calculator.
CIBIL Score required for Personal Loan Satara
Every Bank or NBFC has its own criteria for the minimum CIBIL score required for processing a Personal Loan application in Satara. Most institutions require a CIBIL score of 750 and above at least to process your loan application.
Every minute detail is looked into before processing your loan. Your credit history affects the approval of a fresh loan.
Personal Loan Satara Agents/Broker
Dialabank helps you to find the best choice of Banks and NBFCs by offering you with a detailed market comparison of different banks so that you can make the right option. Visit our website www.dialabank.com and fill a form by filling your details. Our relationship managers will call you and assist you.
Personal Loan Satara Contact Number
Call 9878981166 and get instant help and approval for Personal Loan in Satara.
Pre Calculated EMI Table for Personal Loan Satara
Satara is a city situated in the state of Maharashtra. The city gets its name from the name from Seven-forts (Sat-Tara) close to the city. Many tourists visit the city for these popular forts throughout the year
Other Cities For Personal Loan In Maharashtra
|Personal Loan Shrigonda||Personal Loan Shirdi|
|Personal Loan Shirur||Personal Loan Shegaon|
|Personal Loan Shirpur||Personal Loan Shahade|
|Personal Loan Shirwal||Personal Loan Sawantwadi|
FAQs on Personal Loan Satara
✅ When can I opt for Personal Loans?
Personal Loans can be opted for a variety of reasons such as marriage, home renovation, medical, travel, education, etc.
✅ What are the benefits of Personal Loan?
- Flexible EMI and repayment options.
- Minimal documentation.
- No collateral/security required by most banks.
- Quick loan disbursal.
✅ Can I get Personal Loan in Satara?
Table of Contents
- 1 Best Banks for Personal Loan Satara
- 2 Personal Loan Satara Features
- 3 Personal Loan Satara Interest Rates – Jul 24 2021
- 4 Personal Loan Satara Fees & Charges – Jul 24 2021
- 5 Documents Required for Personal Loan in Satara
- 6 Personal Loan Satara Eligibility Criteria
- 7 Check Personal Loan Eligibility with Top Lenders in 2021
- 8 Why Apply for Personal Loan in Satara?
- 9 How to apply for Personal Loan in Satara?
- 10 Processing Fee / Prepayment Charges on Personal Loan Satara
- 11 Personal Loan Satara EMI Calculator
- 12 CIBIL Score required for Personal Loan Satara
- 13 Personal Loan Satara Agents/Broker
- 14 Personal Loan Satara Contact Number
- 15 Pre Calculated EMI Table for Personal Loan Satara
- 16 About Satara
- 17 Other Cities For Personal Loan In Maharashtra
- 18 FAQs on Personal Loan Satara