Personal Loan Udipi

Major Personal Loan Providers in Udipi

Feature
HDFC Bank
ICICI Bank
Bajaj Finance
Interest Rate
10.75% - 17%
11.25% - 18.5%
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 Udipi Features

personal loan udipi

A personal loan can solve all your short term financial needs. There can be many reasons to apply for a personal loan like paying old debts, paying medical bills, wedding, vacations, home renovation, etc. The process of loan application is very easy and it does not require too many documents. Also, there are no restrictions on the use of the loan amount you can use the loan amount as you want to use.

In Udipi, almost all major banks and NBFCs provides the personal loan. To get a personal loan, the applicant is required to have a sufficient income source and good credit history.

You can easily apply for a loan through the Dialabank website.

Personal Loan Udipi 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
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
1%
Nil
Andhra Bank Personal Loan
Nil
Nil

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

Personal Loan Udipi Documents Required

Salaried Customers:

  1. Identity proof (Aadhar card/driving license)
  2. Salary slips of last three months
  3. Bank statements for the last 6 months
  4. PAN Card
  5. Residence Proof (Owned/Rented/Company provided)
  6. Passport-sized photographs – 2

*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. Aadhar Card
  4. Residence Proof
  5. Two passport-sized photographs

personal loan at 10.75%*

Personal Loan Udipi Eligibility Criteria

Personal Loan Eligibility criteria for both Salaried and Self-Employed are different:

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 the work experience of the three years. And the salary should be received in their accounts only.
  3. The applicants must have an excellent credit history.
  4. The job location of the applicant should be mentioned.
  5.  A borrower should have a minimum income of INR 25,000 per month

Click here to know more about Personal Loan for Salaried Applicant

Self-Employed Applicants

  1. The minimum age requirement for an independent person should be 25 years.
  2. The applicants applying for the personal loan should file ITR for the last three years.
  3. If the applicants are the businessman, then the business should be running from the past three years.
  4. The credit score of the individual applicants should be good .there should not be any debt or dues left.
  5. The annual income of the applicants should be a minimum of Rs 2.5 lakh.
  6. 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.

Click here to know more about Personal Loan for Self-employed Applicant

Why Apply for Personal Loan Udipi?

You should apply for a personal loan in Udipi as it is easy to avail of and gets sanctioned and disbursed in less time, especially when you apply through Dialabank. It doesn’t require much documentation, neither does it require collateral. It offers loans amounts up to 25 lakhs. You get flexible repayment options and can also choose your own tenure, ranging from 12 to 60 months.

How to apply for Personal Loan Udipi?

To apply for the best personal loan deals:

  • Visit Dialabank and click on the personal loan option on the menu of the homepage.
  • You will be directed to a page wherein you will have to fill in all details. These details will be used by our team to shortlist loan offers suitable for you.
  • After you click on ‘Apply now’, we will mail you the list of offers we have selected. Then, we will call you to help you compare all of them.
  • Thus, the loan availing process is extremely easy and hassle-free with Dialabank.
  • If you have any queries, visit the nearest Dialabank branch or call us at 9878981166. Remember, we provide you the most trustworthy service!

personal loan at 10.75%*

Processing Fee/Prepayment Charges on Personal Loan Udipi

These are two extra charges which banks might charge you on your loan.

A processing fee is a minimal charge taken by the banks and NBFCs to process your loan. It varies from bank to bank but normally 1% of the outstanding loan amount.

A prepayment fee is charged by the banks if you want to prepay your loan i.e. pay it before the tenure ends. For this, banks charge a minimal fee which ranges from 2% to 4% of your outstanding loan amount.

When comparing loan offers, make sure you include both of these charges in your calculation to accurately know which offer you should go for.

Personal Loan Udipi EMI Calculator

An personal loan EMI calculator helps you calculate your monthly installments for a loan beforehand so that you can plan your repayment accordingly. All you have to do is enter your principal amount, interest rate, and your loan tenure in months.

CIBIL Score required for Personal Loan Udipi

A CIBIL score refers to your repayment history and shows the banks whether you are a trustworthy borrower or not. The score measure goes as follows:

Below 550 – poor

550 to 700 – fair

700 to 750 – well

above 750 – excellent

While CIBIL score requirements might vary from bank to bank, most lenders would require you to have a score of 750 and above to lend you a personal loan.

In case you haven’t availed of a loan before, it does not mean your CIBIL score is 0. In this case, you can show the papers of any rented property under your name such as an apartment to show that you are regular in your payments.

personal loan at 10.75%*

Personal Loan Udipi Contact Number

Call 9878981166 and get instant help and approval for a Personal Loan in Udipi.

Pre Calculated EMI Table for Personal Loan Udipi

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

About Udipi

Udipi, also know as Udupi or Odipu, is in the southwest state of Karnataka. It is named after its popular Udupi cuisine. It is one of the fastest-growing cities in Karnataka and is also an education hub. It is also known as the temple city and attracts pilgrims all year round from many places. Its top tourist attractions include the Krishna temple and the Kanaka Kindi.

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