Personal Loan Udaipur

Best Banks for Personal Loan in Udaipur

Personal Loan in Udaipur Features

Personal Loan Udaipur is available for you in need of any financial crisis you meet. Be it for financing your education, wedding expense, healthcare expenditure, or any other monetary need; banks sanction personal loans depending on the credit history as well as other criteria.

A personal loan is an unsecured loan that provides financial aid to customers at reasonable interest rates. To get a Personal Loan, the applicant should have a stable income and good credit history.

Personal Loan Udaipur Interest Rates is quite Low @9.99% p.a.

A personal Loan is multi-purpose in nature so that the amount can be utilized anywhere as per requirement.

Personal Loan in Udaipur Interest Rates

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

Documents Required for Personal Loan in Udaipur

Salaried Customers:

1. Identity proof (Aadhar card/ Passport copy/ Driving License)
2. Salary slips of last three months
3. Residence Proof such as Electricity Bill/ Telephone Bill/ Passport copy, etc.
4. Passport-sized photographs – 2
5. Bank statements for the previous 6 months
6. PAN Card

*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. PAN Card
3. Government-approved ID Proof such as Aadhar card/ Driving License/ Voter ID, etc.
4. Proof of residence such as Voter ID/ Telephone Bill/ Electricity Bill, etc.
5. Two recent passport-sized photographs (coloured)

Personal Loan in Udaipur Eligibility Criteria

Salaried and Self-Employed have different personal loan eligibility criteria:

Salaried Applicants

1. The minimum age requirements of the individual 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 accounts only.
3. The applicants must have a good CIBIL score and shouldn’t have a bad credit history
4. The job location of the applicant should be mentioned in the application form

Self-Employed Applicants

1. The minimum age for a self-employed applicant must be 25 years.
2. The whole documentation process of the personal loan is the applicants have to submit his financial and his bank statement of the previous three months.
3. The applicants applying for the personal loan should file ITR for the last three years.
4. The business should be running for the past three years if the applicant is a businessman
5. The credit score of the individual applicants should be good, and there should not be any debt or dues left.
6. The annual income of the applicants should be a minimum of Rs 2.5 lakh.

Click to know more about eligibility: Personal Loan Eligibility

How to apply for a Personal Loan in Udaipur?

1. Visit Dialabank and apply online in a few simple steps
2. Go to the loan section and click on the personal loan link.
3. The applicant will be directed to all details of the personal loan where they can choose their preferred city.
4. After that, provide all the necessary details and requirements
5. For more information and free guidance, you may call on 9878981166.

Processing Fee / Prepayment Charges on Personal Loan in Udaipur

Every Bank and NBFC charges a fee for processing your Personal Loan application. The Personal Loan Udaipur processing fee is 1% of the sanctioned loan amount.

 In most cases, you cannot close your loan before 12 months, but if you wish to foreclose your loan, the bank charges prepayment on the sanctioned loan amount. Post that the charges vary depending on how many years the loan has been done. These charges vary from 4% of the outstanding loan amount in the 2nd year to 2% in the 4th year of the loan.

Personal Loan EMI Calculator Udaipur

Equated Monthly Installments also know as EMI are the charges that you pay to the bank as monthly repayment for the loan amount borrowed.  Based on your profile, CIBIL Score, and income, the 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.

For further information on EMI Calculator: Personal Loan EMI Calculator

CIBIL Score required for Personal Loan Udaipur

Every NBFC and bank providing loans have their own criteria for the minimum CIBIL score required for processing a Personal Loan Udaipur. Most institutions require a minimum score of 750 to process your loan application.

The banks and NBFCs also take a look upon the previous loan and credit history so that there is no future issue in approval of the loan

Personal Loan Udaipur Agents/Broker

Dialabank is the leading agent for availing of Personal Loan Udaipur. You can apply online at Dialabank or give a call at 9878981166

Personal Loan Udaipur Contact Number

Call 9878981166 and get instant help and approval for Personal Loan Udaipur.

Pre Calculated EMI Table for Personal Loan Udaipur

About Udaipur

Udaipur is a city situated in the state of Rajasthan. The place is filled with historic forts, museums, scenic lakes, and many other attractions, making it an ideal tourist destination. It is popularly known as the City of Lakes.

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