Utkarsh Small Finance Bank Personal Loan

About Utkarsh Small Finance Bank Personal Loan

Sometimes, life does not follow your plans but instead lead you to an unknown path where everything demands your attention, financially. Such situations come, that too, unannounced and uninvited, to shake up your life upside down. Do not let your today, destroy what you want to do tomorrow. Deal with all your concerns with a personal loan and do not let down your own dreams and ideas.

A personal loan is not secured which means you do not require pledging any of your assets as security to the lender. Personal loans can be your wings when you need to fly above the clouds of financial demands hovering over your life. Apply for Utkarsh Small Finance Bank Personal Loan on Dialabank, to explore the range of region-specific deals only for you.

What is Utkarsh Small Finance Bank Personal Loan?

A personal loan is categorized as an unsecured loan, which is defined as a loan in which you do not need to put forward your assets as collateral or security to the lender. Therefore, you can avail the service of a personal loan from Utkarsh Small Finance Bank without any collateral.

Why Choose Utkarsh Small Finance Bank Personal Loan through Dialabank?

1. With the support given by our relationship managers, you can avail Utkarsh Small Finance Bank Personal Loan on low processing charges.
2. Dialabank provides you with a speedy and risk-free process for applying online.
3. Our firm suggests you remarkable interest rates on a personal loan from the lender of your choice.
4. You can avail many exclusive deals all open just for you.
5. We work to provide you with a contented and pressure-free process of applying for a personal loan.

Documentation for Utkarsh Small Finance Bank Personal Loan

When you apply for Utkarsh Small Finance Bank Personal Loan, you need to submit some of the asked documents. Those are:

1. You have to fasten your identity proof. It may include Voter Card/ Driving License/ Aadhaar Card/ Passport.
2. You have to attach a residence proof. It may include an Aadhaar Card/ Passport/ Voter Card/ Updated Passbook etc. And if the residence in which you reside is rented, then you have to submit your rental agreement, and the latest Utility Bills.
3. Two coloured photographs are required with the application form.
4. You have to submit your PAN card with the application form, which is a crucial document under the KYC formality.
5. If you are salaried, then you have to submit your salary slip of the last 3 months and the bank statements of the previous 6 months with the form.
6. And if you are self-employed, then you have to attach a document supporting your claim of filing the ITR of the last 3 years, and the business should be registered.

Eligibility Criteria for Utkarsh Small Finance Bank Personal Loan

There is an acceptability criteria based on which the lenders provide Utkarsh Small Finance Bank Personal Loan to you. There are two categories:

1. Salaried
2. Self-employed

Salaried Applicant:

Firstly of all, you should be minimum 21 years old and maximum up to 60 years when applying for a personal loan.

Secondarily, if you live in a metropolitan city, then they should have a minimum income of Rs 20,000. And if you are from a non-metropolitan city, then you should have a minimum salary of Rs 18,000.

Also, you should have an overall work experience of 3 years, and the salary should be credited in your salary account.

In addition to this, if you are applying for a personal loan, then you must have a good credit history, and the credit score should be more than 700.

Most importantly, you have to affix your bank statement of the last 3 months and the salary slip of the previous 6 months with the application form for a personal loan.

To know more, visit Personal Loan for Salaried.

Self-employed:

Firstly, your age should lie between 25 years to 65 years.

Moreover,  the credit score should to be more than 700 and no debt should be left due for future references.

Furthermore, you are required to be a reliable taxpayer who files an ITR for the last 3 years.

Additionally, you should be filing an ITR of Rs 2.5 lakhs per annum for the last 3 years.

And lastly, if you are self-employed, then your business should be up and running from the past 3 years or more.

To know more, visit Personal Loan for Self Employed.

Utkarsh Small Finance Bank Personal Loan Interest Rates

Utkarsh Small Finance Bank Personal Loan generally come with a set of attractive interest rates. Usually, the interest rate of Personal Loan from Utkarsh Small Finance Bank is 10.75% per year. However, the rate of interest is a subject to risk as it changes from person to person, and additionally, it also changes due to one’s monthly salary or income.

To know more, click Interest rates Personal loan.

About Utkarsh Small Finance Bank

Utkarsh Welfare Foundation was consolidated in August 2010 and is registered under section 25 of companies’ act 1956 and aims to present various services and products for the development and assistance to the underprivileged population in the rural & urban community.

They aim at utilizing market linkage opportunities, education, health and vocational training program. UWF endeavours at empowering grass root population, especially women, making them independent and transforming them into flourishing entrepreneurs.

UWF intends to make a significant and sustainable impact in the lives of the community through a multi-pronged service-oriented and market-led approach. UWF has initiatives that concentrate on education, health, skill development, microenterprise training & environment conservation.

How to Apply?

1. You can apply for a Utkarsh Small Finance Bank Personal Loan Bank through our website by following the below-mentioned steps:
2. Firstly, you have to fill in the details in the web-form which will ask for your personal information provided on Dialabank.
3. Then, wait for some time as we will process your application and contact you through our relationship executives.
4. Next, if you meet the required eligibility criteria, then we will recommend you the best personal loans according to your credit history, income and financial requirement.
5. Lastly, after submitting the asked documents to the lender, you will get the loan amount within 24-72 hours.

FAQs About Utkarsh Small Finance Bank Personal Loan

What is Utkarsh Small Finance Bank Personal Loan?

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

What is the Personal Loan rate of interest in Utkarsh Small Finance Bank?

The personal loan rate of interest in the Utkarsh Small Finance Bank starts at 10.75% per annum. You can visit Dialabank’s online portal to compare the rates of different banks and finance companies across India.

How can I get Utkarsh Small Finance Bank Personal Loan?

To get a Personal Loan you will have to visit the nearest branch with basic KYC documents, PAN card, and income proofs(salary slips, bank statement). You can also contact Dialabank to avail of the best financial advice and get the personally curated deals and offers for all your financial needs.

How to apply for Personal Loan in Utkarsh Small Finance Bank?

Apply for a Personal Loan by walking into the nearest Utkarsh Small Finance Bank branch with all the requisite documents. You can also apply online with Dialabank and avail personalized assistance for all your financial needs.

Why apply for Utkarsh Small Finance Bank Personal Loan?

Utkarsh Small Finance Bank Personal Loans can be used for any personal financial needs. Be it a wedding, travel, bills, repair and renovation of home, etc. You do not have to provide any collateral security in exchange for your loan and the repayment can be done in monthly installments, EMIs.

How much EMI on Utkarsh Small Finance Bank Personal Loan?

Calculate your Utkarsh Small Finance Bank Personal Loan EMI using your loan tenure, loan amount, and rate of interest on Dialabank’s EMI calculator and apply for all your loan needs with us.

How much CIBIL score required for Utkarsh Small Finance Bank Personal Loan?

A CIBIL score above 700 is preferred by Utkarsh Small Finance Bank to disburse a Personal Loan. Being an unsecured loan your CIBIL score plays a big role in determining your loan eligibility as it calculates the risk of default for your lender.

Minimum credit score needed for Utkarsh Small Finance Bank Personal Loan?

The credit score is a measurement and estimate of your creditworthiness. Utkarsh Small Finance Bank requires you to have a credit score of at least 700 to consider your loan application for approval.

How to calculate Utkarsh Small Finance Bank Personal Loan EMI?

Use your loan amount, loan tenure, and rate of interest to calculate your Personal Loan EMI using the EMI calculator available on Dialabank’s website.

What can I use Utkarsh Small Finance Bank Personal Loan for?

You can use your Utkarsh Small Finance Bank Personal Loan for several financial needs such as funding your marriage or that of a relative, pay all your big and small bills, renovate or repair your home, etc.

Can I prepay Utkarsh Small Finance Bank Personal Loan?

If you have the required funds you can pre-close your loan by visiting the branch of Utkarsh Small Finance Bank from where your loan was approved and asking your banker about the prepayment facilities.

How to prepay Utkarsh Small Finance Bank Personal Loan?

When you have the required money and feel the need to close your loan at once, just visit the nearest Utkarsh Small Finance Bank branch with your loan documents and apply for a foreclosure. You may be asked to pay a small foreclosure fee in addition to your outstanding loan amount.

How to repay Utkarsh Small Finance Bank Personal Loan?

Repay your Personal Loan in easy burden-free EMIs that are automatically deducted from your bank account each month. Your Utkarsh Small Finance Bank Personal Loan can be repaid through post-dated cheques too.

What documents are needed for Utkarsh Small Finance Bank Personal Loan?

Aadhar Card/Voter ID, PAN Card, Salary Slips, Bank Statement, and ITR File are the documents that are required to avail of a Personal Loan from Utkarsh Small Finance Bank.

How to check Utkarsh Small Finance Bank Personal Loan status?

You can check your Loan status by contacting your Utkarsh Small Finance Bank branch in person or through customer care number.