Purvanchal Bank Personal Loan

⋆ Interest Rate 9.99% ⋆

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      Why us?

      Rates as low as 9.99%*
      Loans Up to 30 Lacs
      Same Day Disbursal
      Doorstep Service
      Unbiased Experts Advice

      Purvanchal Bank Personal Loan

      Purvanchal Bank Personal Loan Key Features Feb 04 2023

      Eligibility Criteria  Details
      Age 21-60 yrs (at loan maturity)
      CIBIL score 750 minimum
      Purvanchal Bank Personal Loan Interest Rate 9.99% per annum 
      Lowest EMI per lakh NIL
      Tenure 12 to 60 months
      Purvanchal Bank Personal Loan Processing Fee 1% 
      Prepayment Charges NIL
      Part Payment Charges NIL
      Minimum Loan Amount N/A
      Maximum Loan Amount N/A


      Purvanchal Bank Personal Loan Eligibility Criteria

      Eligibility criteria for a personal loan:

      CIBIL score 750 minimum
      Age 21 – 60 yrs (at loan maturity)
      Min Income N/A
      Occupation Salaried/Self-Employed

      Purvanchal Bank Personal Loan Fees and Charges

      Best Personal Loan Interest Rate

      Purvanchal Bank Personal Loan Interest Rate 9.99% per annum
      Purvanchal Bank Personal Loan Processing Fee 1% 
      Prepayment Charges NIL
      Stamp Duty NIL
      Cheque Bounce Charges NIL
      Penal Interest NIL
      Floating Rate of Interest NIL

      Purvanchal Bank Personal Loan Documents Required

      Form Duly filled and signed the application form
      Proof of Identity Copy of:
      > Passport
      > Driving License
      > Aadhar Card
      > Voter ID Card
      Proof of Address Rent Agreement (Min. 1 year of stay)
      Utility Bills
      Passport, Ration card, Electricity Bill, Latest Bank Account Statement(Proof of permanent residence)
      Proof of Income > ITR: Last two Assessment years
      > Salary Slip: Last 6 months
      > Bank Statement: Last 3 months

      Purvanchal Bank Personal Loan Compared to Other Banks

      Bank Interest Rate Tenure Loan Amount & Proc Fee
      Puravanchal Bank 9.99%
      HDFC Bank 11.25% to 21.50% 12 to 60 months Up to Rs. 40 lakh / Up to 2.50% of the loan amount
      Bajaj Finserv Starting from 12.99% 12 to 60 months Up to Rs. 25 lakh / Up to 3.99% of the loan amount
      Axis Bank 15.75% to 24% 12 to 60 months Rs. 50,000 to Rs. 15 lakh / Up to 2% of the loan amount
      Citibank Starting from 10.99% 12 to 60 months Up to Rs. 30 lakh / Up to 3% of the loan amount
      ICICI Bank 11.50% to 19.25% 12 to 60 months Up to Rs. 20 lakh / Up to 2.25% of the loan amount

      Other Loan Products from Purvanchal Bank

      Gold Loan Car Loan Home Loan Business Loan
      TWL LAP Credit Card Education Loan

      Why should you apply for Purvanchal Bank Personal Loan with Dialabank?

      • Most trusted agents in India
      • Less documentation is required
      • Our service is the best and fast

      Also, you can call on 9878981166.

      How to Calculate EMIs for Purvanchal Bank  Personal Loan

      For Purvanchal Bank personal loan, calculate your EMI by using the following figures:

      1. Loan Amount
      2. Rate of Interest
      3. Tenure

      Put these values in the calculator below and find your monthly EMIs

      EMI calculator for a personal loan.

      Purvanchal Bank Personal Loan Processing Time

      Processing Time of Purvanchal Bank Personal Loan can be confirmed from the bank by calling their helpline or by visiting the nearest branch.

      Purvanchal Bank Personal Loan Preclosure Charges

      Preclosure refers to the customer repays the loan amount before the loan tenure ends.

      Pre Calculated EMI for Personal Loan

      EMI calculator.

      Types of Purvanchal Bank Personal Loan

      Purvanchal Bank Home Loan   

      • Purvanchal Bank provides a home loan for you.
      • It may be construction or renovation.

      Purvanchal Bank Personal Loan for Government Employees

      • Purvanchal bank provides personal loans for Govt. employees.
      • The loan amount depends on the company that you are in.
      • Make sure, you have a good CIBIL score.
      • For more please contact the branch helpline no.

      Purvanchal Bank Education Loan

      • Purvanchal Bank provides education loans for studies.
      • Provides loans for studies in India as well as Abroad.
      • For more please contact the branch helpline no.

      Purvanchal Bank Personal Loan for Pensioners

      Purvanchal Bank provides Personal loans for pensioners. There is a need for a minimum of 10 yrs of service.

      Purvanchal Bank Personal Loan Balance Transfer

      • Purvanchal Bank allows you to transfer your balance from one institution to another.
      • It will help you in lowering your interest rates.

      Purvanchal Bank Personal Loan Top Up

      • Loan top-up is the supplementary charges provided by a company for your home loan.
      • Apply for a loan top up after 12 months of expense.

      Purvanchal Bank Personal Loan Overdraft Scheme

      Purvanchal Bank Personal Loan Offers an Overdraft Scheme. With this, you are provided with a loan amount as an overdraft facility. It works like a Credit Card, where you can spend your Personal Loan Amount as you want anytime anywhere. The overall loan amount will have a Credit/Loan Limit. In the Purvanchal Personal Loan Overdraft facility, the bank charges interest only on the amount you withdraw/utilize.

      Purvanchal Bank Personal Loan Status

      Visit our website and check your loan status.

      Types of Purvanchal Bank Personal Loan

      Home renovation loan

      Purvanchal Bank provides individuals who plan to renovate their homes with a home improvement loan. This personal loan can fund critical repairs or allow the borrower to purchase new furniture, fixtures, and furniture for the house. Four of the Purvanchal Bank Home Renovation Loan’s major features are:

      • The Home Renovation Loan of Purvanchal Bank’s interest rate starts at as low as 11.25%.
      • Individuals will be liable to renew their homes with a loan of up to Rs. 20 Lakh.
      • Purvanchal Bank’s home improvement loan needs minimum paperwork to free up the whole credit process.
      • Usually, within 72 hours after the bank accepts the applications, the loan balance will be credited to the account.

      Holiday loan

      The holiday loan from Purvanchal Bank will help you budget for your dream vacation with limited difficulties. Several holiday-related expenses will be funded by this personal loan from Purvanchal Bank, including the booking of flight fares, hotel accommodation, guided tours, etc. The Purvanchal Bank Holiday Loan’s key features are:

      • Interest rates on holiday loans starting at 11.25 percent p.a.
      • You should use up to Rs 20 Lakh easily so that a financial crunch would not spoil your perfect vacation
      • Simplified and limited paperwork means fast and easy funding for your holiday.
      • Quick processing of the loan directly credited to your account and disbursement

      Fresher funding

      Most unsecured personal loans are meant for individuals with a daily income, while the Fresher Funding of Purvanchal Bank is distinct. The loan option provided by Purvanchal Bank is intended to help refreshers, i.e. recent graduates searching for their first job. A few of Purvanchal Bank Fresher Personal Loan Funding’s main features are as follows:

      • Up to Rs 1.5 lakh loan
      • A candidate must be 21 years of age or older.
      • The interest rate for Fresher Funding depends on the applicant’s profile, credit history/score, applicant’s age, and place.

      NRI Personal Loan

      Knowing the wishes and desires of NRIs, Purvanchal Bank provides NRIs directly with a personal loan. An Indian resident must be the main loan borrower, and a close relative must be the NRI co-applicant. The Personal Loan includes the following features for NRIs:

      • Purvanchal Bank offers NRIs with adjustable end-use personal loans of up to Rs. 10 lakh.
      • NRI Personal Loan interest rates launch at 15.49 percent p.a.
      • Up to 36 months is the term of the loan.

      How to Apply for Purvanchal Bank Personal Loan?

      Purvanchal Bank Personal Loan

      For a personal loan, the following steps are to be followed:


      1. Visit Dialabank.
      2. You can also go directly to Purvanchal Bank Personal Loan on Dialabank.
      3. Click on the personal loan option on the menu.
      4. Fill up the form with your details.
      5. We will shortlist offers for you and mail them to you.
      6. We will then call you and assist you further.
      7. Thus, you can avail of the best personal loan offer in record time.
      8. You can even give me a call on 9878981166.

      Personal Loan Verification Process

      Following the online submission of your loan application to Dialabank, the following are the principal stages of the personal loan authentication process. 

      Stage 1. Dialabank will forward to your chosen lender your loan application, and you will usually get a call from the representative of the lender within 48 hours. 

      Stage 2. The possible lender can arrange for your KYC documents, salaries, etc. to be collected or provide an opportunity to upload them online. To confirm your submission, these documents will be used. 

      Stage 3. You will get another call to confirm the loan bid and seek your permission for disbursement if the lender’s verification has been fulfilled and your loan has been approved. 

      Stage 4. The loan is normally disbursed within 48 hours of the loan’s acceptance and adequate verification. 

      Note: The timeframe for verification/disbursement of personal loans, as stated above, can vary based on the internal criteria of the lender, as well as other parameters.

      Check your Purvanchal Bank Personal Loan Application Status

      The process for checking your application’s status requires the following steps:

      • Visit the official website of Purvanchal Bank, click on ‘Products’, and select ‘Personal Loans.’
      • Click ‘More and choose’ Review Loan Application Status.’ on the next tab that opens below.
      • Firstly, by submitting details such as your contact number, date of birth, and either entering the OTP you get on your mobile number or using your application number, you can check your application status.

      How to Login to Purvanchal Bank Portal

      • Visit the Official Website of Purvanchal Bank.
      • In the upper right corner of the screen, press the ‘Login’ button.
      • Using your user ID and password or your registered cell phone number to log in.

      How to Check Your Loan Statement

      By taking the following steps, customers can download the bank’s loan statement:

      • Visit the official website of the bank.
      • Tap ‘Get in touch’ and click ‘Requests for help’ from the drop-down column.
      • On the next page that opens, pick ‘Personal Loan Related’ under the ‘Loans’ menu.
      • Next, press the ‘Loan Account Statement Order’ button.
      • To make use of the bank’s loan statement, log in using your user ID and password or using your registered cell phone number and OTP.

      Purvanchal Bank Personal Loan Restructuring (COVID-19)

      Many borrowers have been adversely affected by the national lockout due to the COVID-19 pandemic, and a six-month moratorium on various term loans has been declared to some degree to minimize its impact. Purvanchal Bank announced an RBI-mandated one-time gain from the Purvanchal Bank loan restructuring after the six-month moratorium was terminated. This mechanism aims at providing continued relief to borrowers who are still unable to repay their daily EMI due to the ongoing financial distress of the pandemic.

      To minimize the monthly EMI payments, the loan settlement scheme implemented by Purvanchal Bank provides for an extended moratorium of up to 2 years or an extension of the current period of maturity. It is necessary to bear in mind, of course, that the restructuring of the loan by Bajaj Finance employees would result in additional interest rates exceeding those applicable to the initial loan. Using this relief method only as a last resort is also necessary so that the unpaid loan does not end up defaulting.

      Purvanchal Bank Customer Care

      Customers can approach Purvanchal Bank’s Customer Support via any of the following means:

      By phone: You can call Purvanchal Bank on 180030000620 (toll-free) 

      Callback order: You can also make a return call by accessing the bank’s website. 

      Online Chatbot: You can even have an apple Chatbot online to answer your questions. 

      Visit Branch: To obtain your requests, visit the nearest Purvanchal Bank branch.

      Benefits of Applying for Personal Loan on Dialabank

      On the Dialabank website, there are many drawbacks to applying for a personal loan. Below, some of these are given: 

      • 24 x 7 Accessibility: You can reach the Dialabank website anywhere, wherever and even apply at any time for a personal loan from the comfort of your home or office. 
      • Multiple lenders on a single platform: Dialabank helps you to view personal loan offers on a single platform from multiple prospective lenders, avoiding the need to visit multiple bank websites or branches. 
      • Know EMI instantly: On the Dialabank website, use the personal loan EMI calculator, and you can check the EMIs that you are going to pay for on a personal loan right before applying for one. It can allow you to borrow the amount you need, which you will repay easily and have a stable payment schedule. 
      • Free of charge: In addition, when applying for a personal loan on Dialabank, you are not required to incur any fees.

      Important Aspects

      Below are some important items you need to note when applying to Purvanchal Bank for a personal loan:

      • It is still a smart thing to review your credit report before applying for a personal loan. A decent credit score increases the chances of accepting the loan and will make it possible for you to use a personal loan in more desirable conditions.
      • It is advisable to compare the expense of a personal loan (interest rates and all associated fees and charges) issued by various lenders on Dialabank before finalizing on a particular lender.
      • As per your wishes and ability to repay, borrow. Avoid borrowing only because you have the right to borrow a bigger amount. It will just add to the interest rate and will have no long-term advantages.
      • Avoid applying for individual loans concurrently with many lenders. It reveals that you are credit-hungry and therefore increases the amount of demanding credit report requests that can negatively impact your credit score.

      FAQs About Purvanchal Bank Personal Loan

      What is Purvanchal Bank personal loan?

      Purvanchal Bank personal loans can be used to tend to all your immediate and long-term finances such as a wedding, utility bills, medical emergencies, higher education, etc. The loan tenure is from 12 to 60 months but it may vary depending on the amount and your credit history.

      How does Purvanchal Bank personal loan work?

      You need to submit your basic KYC documents for identity proof, address proof, and income proof. After this, you can avail your loan amount chosen. Monthly instalments can be used to repay the amount borrowed.

      What is the personal loan rate of interest in Purvanchal Bank?

      The rate of interest for Purvanchal Bank is starting from 9.99% per annum. The processing fee is 1%.

      How to apply for a personal loan in Purvanchal Bank?

      Apply Online

      • Visit our bank website.
      • Fill the application form and submit it.
      • Our bank operators will contact you.

      Apply Offline

      • Visit the nearest branch of a bank.
      • Collect info about a personal loan.
      • Then, apply for the loan.

      How much EMI is on Purvanchal Bank personal loan?

      EMI is Equated Monthly Instalments are instalments which you would have to keep paying till you finish your loan tenure.

      How much CIBIL score is required for a personal loan from Purvanchal Bank?

      Purvanchal Bank requires a minimum CIBIL score of 750.

      What can I use Purvanchal Bank personal loan for?

      • Education
      • Home repairing
      • Marriage
      • Personal Use

      How to prepay Purvanchal Bank personal loan?

      Prepayment means that you have paid the loan amount before the official date. It will help you in lowering the interest rates.

      What documents are needed for Purvanchal Bank personal loan?

      Purvanchal Bank’s personal loan has a requirement of less documentations. The documents required are

      • Aadhaar card,
      • electricity bill,
      • driving license,
      • voter ID,
      • income proof,
      • ITR of the last two years.

      ✅ What is the Purvanchal Bank Personal Loan closure procedure?

      • Just go to the bank with the documents.
      • Write a letter for pre-closure of the Purvanchal Bank Personal loan account.
      • Pay the pre-closure charges as per Purvanchal Bank Personal Loan.

      ✅ What are Purvanchal Bank Personal Loan preclosure charges?

      Purvanchal Bank Personal Loan preclosure charges are Nil.

      ✅ What is the Purvanchal Bank Personal Loan overdraft scheme?

      For simplifying the process and providing you with a hassle-free service while processing an overdraft scheme at Purvnchal Bank Personal Loan is provided, it gives you an online way to get your own overdraft, also known as Smartdraft – Overdraft Against Salary. You do not need to visit bank branches and go through a boring process. Just log in to the Purvanchal online banking portal and from there you can fill out a simple form and get an overdraft under your name.

      ✅ What is Purvanchal Bank Personal Loan maximum tenure?

      Purvanchal Bank Personal loan maximum tenure is 60 months.

      ✅ What is Purvanchal Bank Personal Loan minimum tenure?

      Purvanchal Bank Personal Loan minimum tenure is 12 months.

      ✅ What is the Purvanchal Bank Personal Loan customer care number?

      The customers get in touch with the bank via call on 9878981166.


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