Punjab Gramin Bank Personal loan

For Instant Approval ↓Apply Here↓

I have read the Privacy Policy & Agree to Terms & Conditions and authorize Dialabank & its partner institutions to Call or SMS me with reference to my application.

Why us?

Rates as low as 10.99%*
Loans Up to 30 Lacs
Same Day Disbursal
Doorstep Service
Unbiased Experts Advice

About Punjab Gramin Bank Personal Loan

Punjab Gramin Bank Personal loanPunjab Gramin Bank is a subsidiary of Punjab National Bank which is one of the most trusted financial service providers in India. The Punjab Gramin Bank came into existence after the passing of three RRB. In addition to this, the bank has its branches spread all across the rural part of the state. It aims to make the life of rural people more easy by presenting various types of loaning schemes and other banking facilities. Furthermore, Punjab Gramin bank personal loan is the loaning scheme which is beneficial, and an individual can avail it quickly and get rid of his/her financial issues.

Punjab Gramin Bank Personal Loan Advantages

  1. The interest rates are quite affordable.
  2. You can quickly repay your loan amount.
  3. This loaning scheme is unsecured which results in no requirement of collateral
  4. Both salaried and self-employed individuals can take benefits from this loan.
  5. The principal amount is entirely dependent on the borrowers submitted documents.
  6. If your CIBIL or credit score is right, you can get the loan amount without facing any problem.
  7. The personal loan comes with no spending restrictions.

Punjab Gramin Bank Personal Loan Documents 

For salaried applicant

  1. Identity Proof:-  Aadhar Card / PAN Card/ Voter ID Card/ Passport/ Driving License. The applicant can use any one of the above.
  2. Residential Proof:- Aadhar Card / PAN Card/ Voter ID Card/ Passport/ Driving License/Ration Card/Utility bills of past three months on the name of applicant/ Rent Agreement.
  3. Income Proof:– For the salaried borrower, the bank requires last six months pay receipt or 6 months of a bank statement. Also, the salary needs to come to the bank account.

For Self-employed applicant

  1. Identity Proof:-  Aadhar Card / PAN Card/ Voter ID Card/ Passport/ Driving License. The applicant can use any one of the above.
  2. Residential Proof:- Aadhar Card / PAN Card/ Voter ID Card/ Passport/ Driving License/Ration Card/Utility bills of last three months on the name of applicant/ Rent Agreement.
  3. Income Proof:– For a self-employed individual, the bank requires documents of the Income-tax return of the past 3 years and audited financial papers.

Punjab Gramin Bank Personal Loan Interest Rate 

As you know the personal loan is an unsecured way of providing a credit to a customer, so banks take it as a risk. As a result, the rate of interest starts at 10.70%. The interest rate fluctuates rapidly, and it’s a rare chance that two borrowers have same interest rate and the loan amount.

Punjab Gramin Bank Personal Loan Eligibility

For salaried applicant
  1. To avail personal loan the required age is 21-60 Years.
  2. Also, as a salaried applicant, you must have one year of experience.
  3. In addition to this, you should be working with the current employer for about six months at least.
  4. Similarly, your salary needs to come to a bank account.
  5. The minimum salary requirement for a personal loan is 18,000 Rs this could also change depending on the area where you are living.
  6. Most importantly, your CIBIL needs to be above 750 to avail this loan.

For self-employed applicant

  1. First, your age should stay between the range of 25 years to 65 years.
  2. Furthermore, your business must be up to running for about three years.
  3. Also, your business must need to produce at least 30 Lacs of turnover to avail this loan.
  4. Just like a salaried applicant, you should have an account in a bank.

How To avail for Punjab Gramin Bank Personal Loan?

  1. It is effortless to apply for a personal loan all you need to do is follow these steps, and you will be done in no time.
  2.  First, you need to go to our website https://www.dialabank.com/
  3. Now, once you are on our site, you need to provide your necessary details along with your phone number.
  4. Please, it is essential that you provide your correct contact details.
  5. Now once you filled the form all your work is done
  6. Our relationship managers will call you within 30 minutes and provide you the best of offers and deals that you can get near your location.
  7. Also, you don’t have to worry about paying us anything as we provide our expertise to you at free of cost.

FAQs About Punjab Gramin Bank Personal Loan

Q. What is Punjab Gramin Bank Personal Loan?

Have an expense that you need to cover or need some financial assistance then the Personal Loan from Punjab Gramin Bank is just what you need. You can avail Personal Loans with minimal documentation and at competitive rates to meet your money needs.

Q. What is Personal Loan rate of interest in Punjab Gramin Bank?

The lowest rate of interest for Personal Loan from Punjab Gramin Bank is 10.75% per annum. The interest rate offered to you may vary according to your credit score and monthly income.

Q. How can I get Punjab Gramin Bank Personal Loan?

Get quick disbursing Personal Loans from Punjab Gramin Bank by visiting the nearest branch with your documents. After verification and approval of your loan application you will get the loan amount in your bank account and can use it for all your financial needs.

Q. How to apply for Personal Loan in Punjab Gramin Bank?

You can apply for Personal Loan from Punjab Gramin Bank by visiting the branch with all the requisite documents and submitting a duly signed application form to the banker. You get the loan amount in your account once your eligibility has been verified and your loan has been approved.

Q. Why apply for Punjab Gramin Bank Personal Loan?

Personal Loans from Punjab Gramin Bank can be used to fulfil a wide array of your financial needs. These loans come with high funding. long tenure, low interest rates, and easy repayment facilities. You are not required to submit any form of security with the bank in exchange for these loans.

Q. How much EMI on Punjab Gramin Bank Personal Loan?

Personal Loan EMI for Punjab Gramin Bank can be calculated using any online EMI calculator using just the three parameters, loan amount, loan tenure, and rate of interest.

Q. How much CIBIL score required for Punjab Gramin Bank Personal Loan?

A CIBIL score in excess of 700 is required for Punjab Gramin Bank Personal Loans. Your CIBIL score helps the bank to estimate your creditworthiness and repayment abilities.

Q. Minimum credit score needed for Punjab Gramin Bank Personal Loan?

You will need to maintain a credit score of at least 700 to avail a Punjab Gramin Bank Personal Loan.

Q. How to calculate Punjab Gramin Bank Personal Loan EMI?

Your Personal Loan EMI can be calculated using any online EMI Calculator. Visit Dialabank to compare offers from different banking and non-banking financial companies and apply for the ones that best suit your needs.

Q. What can I use Punjab Gramin Bank Personal Loan for?

Punjab Gramin Bank Personal Loan can be used for a wide array of personal financial needs. You can meet all your day to day expenses and even the big ones that burden you financially. You can finance your vacations, family events, weddings, and etc. You can also use your Personal Loan to renovate your home.

Q. Can I prepay Punjab Gramin Bank Personal Loan?

Yes, you can prepay your Personal Loan with Punjab Gramin Bank by visiting the branch where your loan was sanctioned and asking the banker for the same. You will have to pay the entire outstanding loan amount with a foreclosure charge as applicable.

Q. How to prepay Punjab Gramin Bank Personal Loan?

Prepay your Punjab Gramin Bank Personal Loan by contacting your loan branch in person. Depending on the case, you might be required to pay a small foreclosure fee along with your outstanding loan amount to close your Personal Loan.

Q. How to repay Punjab Gramin Bank Personal Loan?

Your Punjab Gramin Bank Personal Loan can be repaid in a number of ways, the most common being automatic deduction of EMIs from your bank account. You can also contact your loan branch for further information on your repayment options.

Q. What documents are needed for Punjab Gramin Bank Personal Loan?

You need your address and identity proof(Aadhar Card/Voter ID), PAN Card, Income proof(Salary Slips and Bank statement), and two recent passport-sized photographs for your Punjab Gramin Bank Personal Loan.

Q. How to check Punjab Gramin Bank Personal Loan status?

Status of your Personal Loan with Punjab Gramin Bank can be checked by visiting the branch and contacting your loan officer.

Share This

Menu