Personal Loan Tiruchengode

Major Personal Loan Providers in Tiruchengode

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	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 Tiruchengode Features

A personal loan is an individual loan that provides individual liberty to invest the amount sanctioned from the financial institution under certain norms. Dialabank assists you in every manner, from guiding you to loan processing.

Personal Loan Tiruchengode gives money related guide help to all clients at a moderate just as a financially savvy loan fee. To get a Personal Loan, the candidate is required to have a similarly more grounded and trustworthy wellspring of pay and, furthermore, a genuinely decent record as a consumer profile.

Also, there exists no stated end-use restriction on the use of the personal loan amount. This loan amount can be used in whatever way wanted. In order to apply for a personal loan, Tiruchengode click on Personal Loan

Personal Loan Tiruchengode Interest Rates

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
Private 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 for Personal Loan Tiruchengode

Essential documents required for a personal loan:

Salaried Customers:

1. Identity proof (Aadhar card/driving license) can be any of these.
2. Statements for the salary of the past three months.
3. Bank statements for the last 6 months
4. PAN card belonging to the candidate
5. Proof for Residence (Own/Rent/Company provided) of the candidate
6. Passport-size photograph – 2 of the applicant

*NOTE: If one lives in rented apartments, a rent agreement needs to be submitted.

Self-Employed Customers:

1. All financial statements are required (Balance Sheet, P&L Statement as well as ITR files)
2. PAN Card of the applicant
3. Aadhar card as identity proof
4. Residence Proof
5. Passport-sized photographs- 2 of the candidate.

Eligibility Criteria for Personal Loan Tiruchengode

Click here to know more about personal loan eligibility

Salaried Applicants

1. The base age of the candidate should not be under 21 years or over 60 years.
2. The candidate must have a working understanding of, in any event, three years. The compensation ought to have been moved in their records, as it were.
3. The applicant should have an outstanding credit history.
4. The job location of the applicant should be mentioned.
5. The borrower must have a minimum income of at least INR 25,000 p.m.

Click here to know more about a personal loan for- Salaried Applicant

Self-Employed Applicants

1. The age of an independent person applying should be at least 25 years.
2. ITR of the last three months of the firm belonging to the applicant. Case, the applicant, is a businessman, then the business is required to be running well for the last 3 years.
3. The credit score of the applicant should be clear, and there must not be any debt or any dues pending.
4. The yearly income of the applicant should not be any less than Rs 2.5 lakh.
5. The entire document verification process for personal loan approval requires the applicants to submit their financial statements and their bank statement for the past three months.

Click here to know more about the personal loan for– Self-employed Applicant.

Why Apply for Personal Loan Tiruchengode?

1. No compulsory rules exist for the submission of mortgages and collateral as security in the bank.
2. The amount of personal loans is entirely based on the repayment capacity of the applicant.
3. A personal loan is a kind of multidimensional loan, so it can be put to use for any issue.
4. A Personal Loan does not require any nominee or guarantor.

How to apply for Personal Loan Tiruchengode?

1. Visit this website: www.dialabank.com.
2. The link 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 Tiruchengode

All Banks and NBFCs cost a certain fee to process a Personal Loan application. This cost varies between 1.5% to 2.5% of the sanctioned loan amount.

On the off chance that you wish to close your credit before the chose advance residency, all loaning establishments will charge you a punishment as a prepayment expense. Typically, you won’t be permitted to close your credit before the time of a year.

Hereafter, the charges vary dependent on the number of years the advance has finished. This charge changes from 4% of the rest of the advance sum in the second year to 2% in the fourth year of the credit.

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

Personal Loan Tiruchengode 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 Tiruchengode

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

No institution takes a look 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 Tiruchengode Agents

Dialabank is one of the leading agents for availing Personal Loan in Tiruchengode. You can easily apply online at www.dialabank.com or give a call at 9878981166

Dialabank assists you to look for the best option of Banks and NBFCs by giving you access to an in-detail market comparative analysis of various banks to help you pick the right one. Visit our website www.dialabank.com and fill out a simple form with the details of personal and employment data. Our customer relationship managers will be in touch with you shortly.

Personal Loan Tiruchengode Contact Number

Call 9878981166 and get timely assistance and approval for a Personal Loan in Tiruchengode.

Pre Calculated EMI Table for Personal Loan Tiruchengode

Click here for a personal loan EMI calculator

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

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About Tiruchengode

Tiruchengode is a city and selection grade municipality located in the southern Indian state of Tamil Nadu. It is famous for the ancient hilltop temple of Umaiorubagan, dedicated to the unique combined male-female form of Lord Shiva and Goddess Parvathi.

FAQs About Personal Loan Tiruchengode

✅ Who can apply for a Personal Loan in Tiruchengode?

People who have an urgent need for cash and have a regular source of income (whether salaried employees to self-employed individuals) can apply for a Personal Loan in Tiruchengode.

✅ What is the tenure of a Personal Loan in Tiruchengode?

Most of the Banks and NBFCs provide a Personal Loan for a min of 1 Yr and a Max of 5 Years. Although, There are some Banks that 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 instalments within the agreed tenure of the loan.

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

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

• 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 called the Processing Fee. The amount of processing fee differentiates for each lending institution and is normally ranges between 1% and 2.5% 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. Various banks have different closure charges. The pre-closure charges vary depending on how many years has your loan been completed before you decide to pre-close it.

✅ Can my application for Personal Loan Tiruchengode 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. The individual needs to make sure that the EMI payment is not delayed 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.