Best Banks for Personal Loan in Thiruvananthapuram
Feature
HDFC Bank
Private Bank
Bajaj Finance
Interest Rate
10.75% - 17%
11.25% - 18.5%
0.12
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
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 Thiruvananthapuram Features
Do you need money for the purchase or installation of additional machinery? Do you need money for the renovation or painting of the house? Here is the way of solution, you can avail of the personal loan. This Personal loan Thiruvananthapuram is an instant loan that can be provided without any collateral pledge and for your immediate needs or wants.
This loan provides flexibility in the use of funds as per your immediate needs. The loan is provided to those individuals who are having good CIBIL scores or valid credit history from the past few years.
Furthermore, there is no end-use restriction on the use of the personal loan Thiruvananthapuram amount. You can use this loan amount anywhere you won’t spend or purchase anything to do.
Personal Loan in Thiruvananthapuram Interest Rates
To check Personal Loan Interest Rate for all major banks you can visit: Personal Loan Interest Rates
Bank
Processing Fee
HDFC Bank Personal Loan
0.25% to 1.50%
Axis Bank Personal Loan
0.50% to 1.50%
Nil
Private Bank Personal Loan
0.25% to 1.50%
SBI Personal Loan
500/- to 0.50%
Nil
Kotak Personal Loan
1% to 2%
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
More About: Interest Rates on Personal Loan
Documents Required for Personal Loan in Thiruvananthapuram
Salaried Customers:
- Identity proof (Aadhaar card/driving license)
- Salary slips of last three months
- Bank statements for the last 6 months
- PAN Card
- Residence Proof (Owned/Rented/Company provided)
- Passport-sized photographs – 2
*NOTE: If you live in rental apartments, rent agreement needs to be attached.
Self-Employed Customers:
- All financials are required (Balance Sheet, P&L Statement as well as ITR files)
- PAN Card
- Aadhaar Card
- Residence Proof
- Two passport-sized photographs
PERSONAL LOAN
Interest Rate 9.99%
Personal Loan in Thiruvananthapuram Eligibility Criteria
The Personal Loan Eligibility criteria for both individuals of Salaried and Self-Employed for a personal loan in Thiruvananthapuram are different:
Salaried Applicants
- The minimum age requirements of the individual should be 21 years and a maximum of up to 60 years.
- The applicants must have work experience of a minimum of three years. And the salary should be received and deposited in their self accounts only.
- The applicants must have zero dues credit history.
- The job address of the applicant should be mentioned.
- A borrower should have a minimum salary of INR 25,000 per month.
Click here to know more about- Personal Loan Salaried Applicant
Self-Employed Applicants
- The minimum age required for an individual should be 25 years.
- The applicants applying for the personal loan Thiruvananthapuram should file ITR for the last about three or more years.
- If the applicants are the businessman, then the business should be running from the past about three or more years.
- The credit score of the individual applicants should be good .there should not be any debt or dues left.
- The annual income of the applicants should be a minimum of Rs 2.5 lakh.
- The whole documentation process of the personal loan Thiruvananthapuram is the applicants have to submit his financial and his bank statement of the previous three months.
Click here to know more –Personal loan Self-employed Applicant
Why Apply for a Personal Loan in Thiruvananthapuram?
- There is no need to deposit any mortgage and collateral security to the bank for a personal loan in Thiruvananthapuram.
- A personal loan Thiruvananthapuram is a multi-purpose offer loan. It can be used for all your needs and demands related to finance.
- The amount of personal loan Thiruvananthapuram depends upon the repayment of individual income and capacity.
- A Personal Loan Thiruvananthapuram does not require any guarantor or nominee.
How to apply for a Personal Loan in Thiruvananthapuram?
- Visit Dialabank.
- Go to the loan section and move the cursor to click on the personal loan link.
- The applicant will be provided with all details of the personal loan where they can choose their preferred city.
- For more information and free guidance, you may call on this number 9878981166.
PERSONAL LOAN
Interest Rate 9.99%
Processing Fees / Prepayment Charges on Personal Loan in Thiruvananthapuram
Every Bank and NBFC charges a fee for processing your Personal Loan Thiruvananthapuram application. These charges are 1% of the outstanding loan amount.
In case you wish to foreclose your Personal loan Thiruvananthapuram before the agreed loan tenure, every lending institution charges you a penalty or impose a prepayment fee. In most cases, you cannot close your personal loan Thiruvananthapuram before 12 months. Post that the charges vary depending on how many years the Personal loan Thiruvananthapuram has done. These charges vary from 4% of the outstanding loan amount in the 2nd year to 2 percent in the 4th year of the Personal loan.
Personal Loan EMI Calculator Thiruvananthapuram
Equated Monthly Installments are the monthly fixed fee and charges that you pay to the bank as monthly repayment for the Personal loan Thiruvananthapuram amount borrowed. Based on your profile and CIBIL score, the interest rate on your loan is determined and processed. Your EMI is calculated basis the Interest Rate you are charged by the Personal loan bank and the amount of loan you have to take and the period for which you enjoy the Personal loan Thiruvananthapuram. The Personal Loan EMI Calculator as follows:
CIBIL Score required for Personal Loan Thiruvananthapuram
Every lending institution has its own criteria for the requirement of minimum CIBIL score required for processing a Personal Loan application in Thiruvananthapuram. Most financial and lending institutions require a minimum score of 750 to process your personal loan application.
The financial lending institutions don’t just look at the overall or exact score but also the detailed behaviour on the previous loans taken. This comprises details on the type of loan taken and the amount borrowed. Any delayed payments for previous types of loans can act as a barrier to your availing of a fresh loan.
PERSONAL LOAN
Interest Rate 9.99%
Personal Loan Thiruvananthapuram Agents/Broker
Dialabank is the leading agent for availing Personal Loan in Thiruvananthapuram. You can apply online at our website or have a call with us at 9878981166
Dialabank finds the best option of personal loans in Thiruvananthapuram Banks and NBFCs by giving you a detailed market comparison of different banks offers and deals so that you can make the right choice. Visit our website www.dialabank.com and submit a simple form with your personal and employment details. Our customer relationship managers will soon try to get in touch with you.
Personal Loan Thiruvananthapuram Contact Number
Call 9878981166 and get instant help and approval for Personal Loan Thiruvananthapuram.
Pre Calculated EMI Table for Personal Loan Thiruvananthapuram
About Thiruvananthapuram
Thiruvananthapuram (or also Trivandrum) is the capital of the southern Indian state of Kerala. It’s differentiated by its British colonial architecture and many art galleries. It also has a home to Kuthira Malika (or Puthen Malika) Palace, adorned with carved horses and displaying collections related to the Travancore royal family, whose regional capital was here from the 18th–20th centuries.
FAQs About Personal Loan Thiruvananthapuram
✅ Who can apply for a Personal Loan in Thiruvananthapuram?
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 Thiruvananthapuram.
✅ What is the tenure of a Personal Loan in Thiruvananthapuram?
Most of the Banks and NBFCs provide a Personal Loan for a min duration of 1 Yr and a max duration of 5 Years. Some Banks which expand the maximum period up to 7 Years. The tenure is fixed and cannot be extended. The repayment has to be done in equal monthly instalments within the agreed loan tenure.
✅ Are there any other charges involved in Personal Loan Thiruvananthapuram?
Yes, there are 2 types of charges that one needs to pay in order to avail of a personal loan in Thiruvananthapuram:
Processing Fee: For every bank or lending institution that you borrow from, there is a fee charged from the customer. This is known as Processing Fee. The amount of processing fee differs for each lending institution and is normally 1% of the loan amount.
Pre-closure Charges: Whenever you want to close a running loan before its agreed tenure duration, the Banks and NBFCs charge an additional amount known as pre-closure charges on the borrowed loan amount. Different banks have different pre-closure charges. The pre-closure charges are dependent on how many years has your loan been completed before you decide to pre-close it.
✅ Can my application for Personal Loan Thiruvananthapuram get rejected due to my CIBIL score?
Since a Personal Loan is not a much-secured loan, one of the most important criteria for getting your Personal Loan application approved is your CIBIL Score. Having a High CIBIL score becomes extremely important if you wish to get a Personal Loan in the future. If you do not pay your loan EMI payments on time or any credit card payments as that will result in decreasing your CIBIL score. Most of the Personal Loan refusals happen because of a low CIBIL Score.
