Telangana Grameena Bank Personal Loan Key Features Apr 26 2024
| Eligibility Criteria | Details |
| Age | 21-60 years |
| CIBIL Score | 750 and above |
| Telangana Grameena Bank Personal Loan Interest Rate | 12.05% per annum |
| Lowest EMI per lakh | – |
| Tenure | 12-60 months |
| Telangana Grameena Bank Personal Loan Processing Fee | 1% to 2% |
| Prepayment Charges | Decided by the bank from time to time |
| Part Payment Charges | nil |
| Minimum Loan Amount | up to 1 lakh |
| Maximum Loan Amount | up to 75 lakhs |
Telangana Grameena Bank Personal Loan Eligibility Criteria
Personal loan eligibility criteria:
| CIBIL score | 750 and above |
| Age | 21-58 years |
| Min Income | 25,000/- |
| Occupation | salaried/self-employed |
Telangana Grameena Bank Personal Loan Documents Required
| Form | Duly filled application form |
| Proof of Identity | Passport copy, Aadhar card, Voter ID card, Driving license, and a copy of your government ID card |
| Proof of Address | Rental agreement of a minimum of 1 year of stay, copy of the utility bills, passport (this is the proof for permanent residence), ration card |
| Proof of Income | Income tax return form of the past two years, salary slip of the last 6 months, and a copy of the bank statement of the past 3 months |
Telangana Grameena Bank Personal Loan EMI Calculator
Telangana Grameena Bank Personal Loan Compared to Other Banks
| Particulars | Telangana Grameena Bank | HDFC Bank | Bajaj Finserv | Axis Bank | Citibank | Private Bank |
| Interest Rate | 9.99% | 11.25% to 21.50% | Starting from 12.99% | 15.75% to 24% | Starting from 10.99% | 11.50% to 19.25% |
| Tenure | 12 to 60 months | 12 to 60 months | 12 to 60 months | 12 to 60 months | 12 to 60 months | 12 to 60 months |
| Loan amount | Up to Rs. 50 lakhs | Up to Rs. 40 lakh | Up to Rs. 25 lakh | Rs. 50,000 to Rs. 15 lakh | Up to Rs. 30 lakh | Up to Rs. 20 lakh |
| Processing Fee | Depends on the bank | Up to 2.50% of the loan amount | Up to 3.99% of the loan amount | Up to 2% of the loan amount | Up to 3% of the loan amount | Up to 2.25% of the loan amount |
Other Loan Products from Telangana Grameena Bank
- Home loan
- Personal loan
- Education loan
- Business loan
- Car loan
- Two-wheeler loan
- Gold loan
- FD interest rate
- RD interest rate
- Bank ATMs
- PPF account
Why should you apply for Telangana Grameena Bank Personal Loan with Dialabank?
Dialabank helps you in selecting the best option of banks by offering you the updated market contrast of other banks so that you can make the right choice. At Dialabank we have guided thousands of applicants to take the loan that they want without any trouble and look forward to continuing to doing so.
Apply today to get special offers and discounts on Telangana Grameena Bank personal loans.
You can contact us on 9878981166 to get a Telangana Grameena Bank personal loan.
How to Calculate EMIs for Telangana Grameena Bank Personal Loan
The given information is needed to calculate your Telangana Grameena Bank personal loan EMI: the amount borrowed as the loan, the rate of interest, and the loan period.
Add these values to the calculator below to find your monthly EMIs.
Telangana Grameena Bank Personal Loan Processing Time
Processing time would tell you how long it would take to process an application under normal situations. It usually starts on the day we receive the application from the bank and ends when we make the decision regarding what loan we want and the amount to get credited.
Telangana Grameena Bank Personal Loan Preclosure charges
You can pay the Telangana Grameena Bank Personal loan earlier itself without any pre-closure charges as it allows prepayment at nil charges in the case of floating rate personal loans. If the borrower makes a payment earlier, the outstanding balance of the principal amount of his loan decreases.
Telangana Grameena Bank Personal Loan Overdraft Facility
An individual overdraft is a credit office that licenses you to pull out an all-out as and when required. You can in like way repay the got out absolutely at whatever point the condition is ideal. From this time forward, it is possibly the most preferred credit decisions that profited to meet changing individual supporting necessities unbounded.
Apply for an overdraft office as a Telangana Grameena Bank solitary an unanticipated new turn of events. The flexible improvement office has all the enormous features of a slight overdraft credit.
Pre Calculated EMI for Personal Loan
Different Personal Loan offers by Telangana Grameena Bank
Telangana Grameena Bank Personal Loan Balance Transfer
A personal loan balance transfer is a procedure in which the borrower transfers the outstanding principal of the personal loan from one lending institution to another to benefit from better terms such as a lower and collective interest rate on the outstanding loans.
Telangana Grameena Bank Personal Loan Top Up
The top-up loan is only given to customers who already have an existing relationship/account with the bank, the eligibility criteria are quite basic for the top-up plan. A customer who has taken a loan from the bank, irrespective of the type of loan is taken, is eligible for a top-up loan.
Telangana Grameena Bank Personal Loan Status
You can monitor the status of your Telangana Grameena Bank personal loan by the following measures:
- You could also visit the nearest loan branch and ask the bankers also for the same.
- Log In to the bank’s net banking portal, click on the loans from the top icon and click on enquire to check the status of your personal loan.
- Search for ‘personal loan status’ on google, click on the first link which will direct you to the loan status tracker webpage of Telangana Grameena Bank, and fill in the required information to monitor the status of your loan.
Types of Telangana Grameena Bank Personal Loan
Home renovation loan
Telangana Grameena 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 Telangana Grameena Bank Home Renovation Loan’s major features are:
- The Home Renovation Loan of Telangana Grameena 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.
- Telangana Grameena 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 Telangana Grameena Bank will help you budget for your dream vacation with limited difficulties. Several holiday-related expenses will be funded by this personal loan from Telangana Grameena Bank, including the booking of flight fares, hotel accommodation, guided tours, etc. The Telangana Grameena 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 Telangana Grameena Bank is distinct. The loan option provided by Telangana Grameena Bank is intended to help refreshers, i.e. recent graduates searching for their first job. A few of Telangana Grameena 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, Telangana Grameena 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:
- Telangana Grameena 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 Telangana Grameena Bank Personal Loan?
Availing a personal loan is very simple; all you have to do is to:
- Visit the website of Dialabank and fill the simple application form.
- You will get a call from our representative team
- Our trained team will guide you through the entire process and tell you each detail of the loan.
The 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 Telangana Grameena Bank Personal Loan Application Status
The process for checking your application’s status requires the following steps:
- Visit the official website of Telangana Grameena 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 in Telangana Grameena Bank portal
- Visit the Official Website of Telangana Grameena 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.
Telangana Grameena 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. Telangana Grameena Bank announced an RBI-mandated one-time gain from the Telangana Grameena 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 Telangana Grameena 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 Telangana Grameena Bank 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.
Telangana Grameena Bank Customer Care
Customers can approach Telangana Grameena Bank’s Customer Support via any of the following means:
By phone: You can call Telangana Grameena Bank on 18004251191 (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 Telangana Grameena 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: Besides, 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 Telangana Grameena 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 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 Telangana Grameena Bank Personal Loan
✅ How does Telangana Grameena Bank personal loan work?
Because it is an unsecured loan you wouldn’t be required to submit any prime security to the bank, all you need are just the basic documents for KYC and to show your income proof.
Visit the loan branch with the application form and necessary documents, after the verification and approval, the borrowed money would be credited into your bank account. You can use this money to fund all your needs and repay them in instalments.
✅ What is the personal loan rate of interest in Telangana Grameena Bank?
The personal loan rate of interest in Telangana Grameena Bank is 9.99% per annum.
✅ How much EMI is on Telangana Grameena Bank personal loan?
EMI is charged every month and varies from loan to loan depending on the Loan Amount, Rate of Interest, and Tenure of the loan.
✅ How much CIBIL score is required for a personal loan from Telangana Grameena Bank?
The CIBIL score required for a personal loan from Telangana Grameena Bank is 700 and above.
✅ What can I use Telangana Grameena Bank personal loan?
You can use your loan from Telangana Grameena bank for a various number of financial needs such as paying for your marriage or that of a relative, pay your bills on time, finance any of your expenses, repair your home, etc. The opportunities are limitless, and Telangana Grameena Bank will help you financially through it all.
✅ How to prepay Telangana Grameena Bank personal loan?
A maximum of 60 EMIs is usually allowed for the repayment of a personal loan. It usually starts from 12 EMIs. The time is taken for repaying the loan also depends on your credit score.
✅ What relaxation scheme and moratorium does Telangana Grameena Bank provide about Personal Loan due to Covid 19?
The moratorium for 6 months is provided by Telangana Grameena Bank.
✅ What is the Processing fee for Telangana Grameena Bank’s Personal Loan?
The processing fee is up to 1%-2%.
✅ What is the Telangana Grameena Bank personal loan customer care number?
Contact 9878981166 for any queries.
✅ What are the Telangana Grameena Bank Personal Loan pre-closure charges?
You can pay the Telangana Grameena Bank Personal loan earlier itself without any pre-closure charges as it allows prepayment at nil charges in the case of floating rate personal loans. If the borrower makes a payment earlier, the outstanding balance of the principal amount of his loan decreases.
✅ What is the Telangana Grameena Bank personal loan closure procedure?
- Visit the bank with the complete set of documents (as mentioned above).
- You may be required to fill a form or write a letter requesting pre-closure of the Personal Loan account.
- Pay the pre-closure amount.
- Sign the required documents, if any.
- Take acknowledgement of the balance amount you have paid.
✅ What is the Telangana Grameena Bank Personal Loan Overdraft Facility?
An individual overdraft is a credit office that licenses you to pull out an all-out as and when required. You can in like way repay the got out absolutely at whatever point the condition is ideal. From this time forward, it is possibly the most preferred credit decisions that profited to meet changing individual supporting necessities unbounded.
✅ What is the Maximum Loan Tenure for Telangana Grameena Bank Personal Loan?
The maximum tenure duration for a personal loan from Telangana Grameena Bank is 12-60 months.
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