Vijaya Bank Personal Loan

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      Table of Contents

      Vijaya Bank Personal Loan

      Vijaya Bank Personal Loan Key Features Oct 19 2021

      Eligibility Criteria  Details
      Age 21 – 60 (at loan maturity)
      CIBIL score Minimum 750 or above
      Vijaya Bank Personal Loan Interest Rates 2020 10.50% per annum
      Lowest EMI per lakh Rs 2148
      Tenure 48 to 60 months
      Vijaya Bank Personal Loan Processing Fee 2% (Rs.1000-10000)+GST
      Prepayment Charges NIL
      Part Payment Charges NIL
      Minimum Loan Amount Rs. 50,000
      Maximum Loan Amount ₹ 10 Lakh

      Each Feature Explained in Detail Below

      Vijaya Bank Personal Loan Interest Rate, Fees & Other Charges

      Vijaya Bank Personal Loan Interest Rate 10.50% per annum
      Vijaya Bank Processing Charges 2% (Rs.1000-10000)+GST
      Prepayment Charges Nil
      Stamp Duty As per state laws
      Cheque Bounce Charges As per bank terms
      Penal Interest 2% of the outstanding amount
      Floating Rate of Interest Not Applicable

      Vijaya Bank Personal Loan Status

      You can check the status of your Vijaya Bank Personal Loan by the following methods – 

      • You can visit your loan branch and ask the banker for the same.
      • Log In to the Vijaya Bank Net banking Portal, Click on loans from the top ribbon and click on Enquire to check the status of your loan.

      Vijaya Bank Personal Loan Eligibility Criteria

      The eligibility criteria for a loan are as follows:

      CIBIL score 750 and Above
      Age 21-60 years
      Min Income  Rs 25000/month
      Occupation Salaried/Self-employed

      Vijaya Bank Fees and Other Charges

      Category Details
       Vijaya Bank Personal Loan Interest Rate 10.50% per annum
      Vijaya Bank Personal Loan Processing Fee 2% (Rs.1000-10000)+GST
      Min ₹ 1000 and Max ₹ 25000
      Prepayment  NIL
      Pre-closure No foreclosure is allowed until 12 EMIs are paid
      Prepayment Charges 13-24 months: 4% of loan principal outstanding
      NIL
      Stamp Duty As per state laws
      Cheque Bounce Charges ₹ 550/cheque +  GST
      Floating Rate of Interest Not Applicable
      Overdue EMI Interest 2% p.m.(on overdue amount)
      Amortization Schedule Charges ₹ 200 + GST

      Vijaya Bank Personal Loan Documents Required

      Form Duly filled 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 (Proof of permanent residence)
      Ration card
      Proof of Income  ITR: Last two Assessment years
       Salary Slip: Last 6 months
       Bank Statement: Last 3 months

      Personal Loan EMI Calculator for Vijaya Bank

      To calculate EMI for your personal loan, you can use our personal loan EMI calculator.

      Vijaya Bank Personal Loan Comparison with Other Banks

      Bank Interest Rate Tenure Loan Amount & Proc Fee
      Vijaya Bank 10.50% 12 to 60 months Up to Rs. 6 lakh / Up to 2.50% of the loan amount
      HDFC Bank 10.50% 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 7.35% to 24% 12 to 60 months Rs. 50,000 to Rs. 15 lakh / Up to 2% of the loan amount
      Citibank Starting from 10.50% 12 to 60 months Up to Rs. 30 lakh / Up to 3% of the loan amount
      ICICI Bank 10.50% to 19.25% 12 to 60 months Up to Rs. 20 lakh / Up to 2.25% of the loan amount

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

      Dialabank lets you choose the most suitable option of banks by providing you with the updated market comparison of different banks so that you can make the right choice. We, at Dialabank, have already helped thousands of people to get the loan they need without any issue, and we look forward to continuing in doing so. Apply with us today to get the offers and exclusive deals on Vijaya Bank Personal Loan.

      Call us at 9878981166 to avail of the Vijaya Bank Personal Loan.

      How to Calculate EMIs for Vijaya Bank Personal Loan

      You can easily avail of the Vijaya bank personal loan EMI calculator on your loan, and you just require the basic information regarding the loan –

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

      Just put these values in the calculator below to find the exact amount payable each month.

      Vijaya Bank Personal Loan Processing Time

      Vijaya Bank usually takes two weeks or 15 days when it comes to the Processing of Personal Loan Applications. However, Vijaya Bank approves the loan in just a few hours to a maximum of 1-3 days to its pre-approved already existing account holders.

      Vijaya Bank Personal Loan Preclosure Charges

      Vijaya Bank gives you the option of pre-closing your loan after a period of a minimum of 12 months of taking the loan and paying 12 successful EMIs on your investment. However, Vijaya Bank charges a Prepayment or Pre-closure charge; if you wish to do so we have listed the commands below:

      Time Pre-closure Charge
      13 to 24 months 4%
      25 to 36 months 5%
      more than 36 months 2%

      Documents Required for Preclosure of Vijaya Bank Personal Loan 

      Generally, the following documents are required to foreclose your Vijaya Bank personal loan:

      • A valid photo identity proof
      • Loan Account Statement
      • Cheque/ demand draft/ cash to make the payment

      Vijaya Bank Personal Loan Foreclosure Benefits 

      Given below are a few key benefits of foreclosing your Vijaya Bank personal loan:

      Foreclosure / Full Prepayment

      • Helps you save on the overall interest payout.
      • Frees you from the burden of regular loan repayments.

      Partial Prepayment

      • It enables you to save on the interest component.
      • You also have the advantage of either paying a reduced EMI amount or having a shorter loan tenure.

      Vijaya Bank Prepayment Facility

      The bank also offers prepaid accommodation to help customers pay the full amount or part of it. If you have a balance left over and you meet the conditions below you can pay part of your principal balance to reduce the same. This will also help save interest on accumulated capital. Find out more about the facility below.

      Note:

      • Prepayment will be allowed subject to the effective payment of the first 12 EMIs.
      • Prepayments will be allowed twice the entire loan period.
      • Prepayment is allowed only once a year.
      • At any time, the advance payment will not exceed 25% of the Principal Outstanding
        Prepayments.

      Charges:

      • 13-24 months – 4% of the outstanding loan balance
      • 25-36 months – 3% of the outstanding loan balance
      • Over 36 months – 2% of the outstanding loan balance

      Vijaya Bank Pre Calculated EMI for Personal Loan

      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

      Vijaya Bank Personal Loan for Salaried Employees

      Vijaya Bank offers Personal Loan for Salaried Employees at attractive rates of interest. The amount that you get a loan depends on the Company that you work for, The take-home salary of the employee, and the city of residence of the employee. Vijaya Bank offers these loans for a tenure of 12-60 months and provides instant approval along with funds to pre-approved customers.

      Vijaya Bank Personal Loan for Self Employed Individuals

      Vijaya Bank’s  Personal Loan for Self Employees is a loan product offered to self-employed individuals and in need of funds. The bank provides them with attractive rates of interest on their personal loan and tenure of 12-60 months. However, as compared to Salaried Employees, you have to present more documents here as you need to provide the bank with sufficient documents related to your business to prove its continuity as well as your steady income.

      Vijaya Bank Personal Loan for Tcs Employees

      • Exclusive personal loans with a reasonable interest rate of 11.25% p.a.
      • EMI for personal loans starts at Rs.2178 per lakh when terms and conditions are met.
      • The hassle-free documentation process for TCS employees.
      • Pre-approved personal loans for eligible TCS employees.
      • Interest rate starting at 11.99% p.a for superbike loans.
      • Great offers on home loans with an interest rate of 9.45% p.a and discount interest rate for women at Rs.9.40% p.a.

      Vijaya Bank Moratorium Process

      The process for setting up your Vijaya Bank loan EMIs is as follows-

      • Visit the Vijaya Bank website or use the mobile app
      • Click on the link where the suspension period appears
      • On the application page, state your registered mobile number, name, email address
      • Then enter your birthday and choose the type of loan
      • Enter your loan number and state your EMI value
      • Then make a decision and choose the right app
      • Click on the EMI reversal option that says I agree to pay interest earned on the remaining balance
      • Click the ‘Submit’ button
      • The bank will review the details and process your application for suspension
      • You will be given a reference when successfully completing the process on your registered number and email address

      Vijaya Bank Personal Loan Special Pricing 

      If a customer is looking for INR 15 lakh of the loan amount or more than that below rates would be applicable.

      Loan Amount IRR Processing Fee (+GST)
      Loan amount >=15 lakh* 10.50% INR 3999

      *Terms & conditions apply

      This offer is not applicable for Top-up/ Enhancement/ Existing loan amount closure.

      If a customer is looking for a Balance transfer and a fresh loan of above INR 10 lakh above, the below offer is available.

      NTH Loan Amount IRR Processing Fee (+GST)
      >=50000 Loan amount >=10 lakh* 10.50% INR 3999

      *Terms & conditions apply

      • Not applicable on Existing loan closure
      • Not applicable for Credit card BT

      How to Manage Personal Loan 

      Here are the 4 tips that will help you manage your loans:

      1. Pay On Time: The first step is to avoid late fees and penalties. The best way to do that is by paying your monthly payments on time every month. This also hits the credit score. These are needless and all too common consequences that will work against your financial condition.
        If you have just taken a personal loan or are about to, the best way to manage your loan is by making a monthly payment on your loan as soon as you receive the loan. By being a payment ahead of your instalment plan you will have a buffer against a missed payment.
      2. Pay More Than Your Minimum: Paying beforehand is a good option for managing your plans but paying a little extra every month keeps you ahead of your loan term and provides you with some other financial bonuses.
        Moreover, paying extra on your loan reduces the length of the repayment plan. This will help you clear the debt and allows you to regain your financial independence sooner. It will also reduce the rate of interest you owe and thus, saving you money in the long run.
        Paying off your debts faster also leads to an improvement in your credit score. A lower credit score will benefit you in several ways, like dropping down payments and rates of interest.
      3. Consolidate Your Loans: For debtors managing multiple personal loans, consolidation could be the best way to simplify your debt repayment. Debt Consolidation is when you take a large loan to repay all the other loans you have taken. So, instead of paying multiple lenders every month with different rates of interest and needs, one can make a single payment to one provider.
        Debt Consolidation is helpful if you can save an interest rate on a new loan that is lower than the average interest rate of the earlier loans.
        The only disadvantage that lies here is that one will likely end up having to reimburse the debt quicker than before. Before consolidating your debt, make sure that you can make the payments on a new loan. This may also help to reimburse large portions of your loans on credit rather than with a single loan, consolidating it into more controllable pieces.
      4. Credit Score: Last but not the least, always keep a close watch on your credit score while reimbursing a personal loan. The credit score plays a major role in finances and has an important relationship with the loans taken out. How you manage your loans is reflected in your credit score. On the other hand, falling behind on your payments will subordinate the credit score. Thus, a higher credit score is important.

      Different Personal Loan offers by Vijaya Bank

      Vijaya Bank Marriage Loan

      Marriages are one of the costliest events in Indian households. Vijaya Bank has personal loan offers with a low-interest rate and high loan quantum to meet your wedding expenses.

      Vijaya Bank Personal Loan for Government Employees

      Government employees can apply for a Vijaya Bank personal loan to meet their financial expenses. The bank has personal loan offers to meet your different monetary needs.

      Vijaya Bank Personal Loan Offers for Government Employees

      Offers By Government Number of Companies Processing Fee(% of the Loan Amount IRR
      Miniratna, Navratna, and Maharasthra 55 1.50% 13.49%
      11.49%
      10.99%
      Pensioner All 1.50% 14.75%
      Employees from the Railway Department All 1.50% 16.50%
      15.00%
      14.25%
      CISF, CRPF, ITBP, SSB and BSF All 1.50% 14.75%

      State and Central Government Officers:

      Section Salary Processing charge IRR
      Government Officer Division A (GA) and Division B (GB) NTH>24k 2% 16.75%
      NTH>35k 2% 15%
      NTH>50k 1.75% 14.75%

      Vijaya Bank Doctor Loan

      Doctors and medical professionals can apply for a personal loan from Vijaya Bank and enjoy a range of offers and deals curated to their personal and professional needs.

      Vijaya Bank Personal Loan for Pensioners

      Government employees can fulfil their post-retirement financial needs by applying for a personal loan with Vijaya Bank. The bank has special offers for all the pensioners with their pension account with the bank.

      Vijaya Bank Personal Loan Balance Transfer

      Personal Loan Balance Transfer is the process of transferring your existing personal loan with another bank to a new lender for lower rates of interest and better loan terms. You can apply for Vijaya Bank’s personal loan balance transfer to lower your financial burden.

      Vijaya Bank Personal Loan Top Up

      Vijaya Bank’s personal loan top-up is a facility through which you can avail of additional funds under the same existing personal loan without applying for a fresh loan. Dialabank helps you choose the best personal loan offers available for you.

      Vijaya Bank Personal Loan Overdraft Scheme

      An individual overdraft is a credit office that licenses you to pull out an all-out as and when required. You can similarly repay the got out absolutely at whatever point the condition is ideal. Thusly, it is maybe the most preferred credit decisions that profited to meet changing individual supporting necessities unbounded.

      Apply for an overdraft office as Vijaya bank Personal Loan. The adaptable improvement office has all the gigantic features of an unreliable overdraft credit.

      Vijaya Bank Home Renovation Loan

      For people who intend to have their homes renovated, Vijaya Bank gives home improvement loans. This personal loan will finance critical repairs or assist the borrower in bringing into their home new fittings, fixtures, and furniture. Some of the Vijaya Bank Home Renovation Loan’s main features are:

      • Vijaya Bank’s home improvement loan interest rate starts at as low as 11.25 per cent.
      • Individuals may apply for a credit sum of up to Rs. 20 Lakh to renovate their home.
      • The Vijaya Bank home renovation loan requires minimal documentation that makes the whole loan process hassle-free.
      • Usually, after the bank accepts the application, the loan amount is credited to the account within 72 hours.

      Vijaya Bank Holiday Loan

      Vijaya Bank Holiday Loan will help you plan with minimum hassle for your dream vacation. A variety of vacation expenses, including booking a flight ticket, hotel accommodation, guided tours, etc., will be supported by this personal loan from Vijaya Bank. The principal features of the holiday loan from Vijaya Bank are:

      • The holiday loan interest rates start at 11.25 per cent p.a.
      • A sum of up to Rs 20 Lakh can be easily used so that your dream holiday will not be ruined by a financial crisis.
      • Simplified and Minimal paperwork helps quickly and efficiently finance your holiday.
      • Fast processing and credit disbursement, which is credited directly to your account.

      Vijaya Bank Fresher Funding

      Most of the unsecured personal loans are aimed at people with a daily income, but the Fresher Funding of Vijaya Bank is distinct. This Vijaya Bank loan option is intended to benefit beginners, i.e. recent graduates who are finding their first job. The following are some main features of the personal loan from Vijaya Bank Fresher Funding:

      • Amount of borrowings of up to Rs 1.5 lakh
      • It is expected that the nominee will be at least 21 years of age.
      • The personal loan interest rate for Fresher Funding is based on the loan borrower’s profile, applicant’s credit history/score, age, and place.

      Vijaya Bank NRI Personal Loan

      Vijaya Bank only offers an exclusive loan to NRIs, acknowledging the expectations and dreams of NRIs. An Indian citizen must be the primary loan candidate and the co-applicant NRI must be a similar relative. The following features include Personal Loan for NRIs

      • Vijaya Bank provides private loans with flexible end-use NRIs of up to Rs. 10 lakh.
      • The NRI Personal Loans interest rates start at 15.49 percent p.a.
      • The loan is for a period of up to 36 months.

      Vijaya Bank Personal Loan Preclosure Online

      Vijaya Bank enables a Personal loan borrower to make a pre-closure or a pre-payment of a loan. However, you will be able to prepay your Vijaya Bank Personal Loan only after 12 months after you have procured your loan and after paying 12 EMIs plus the foreclosure charges that may be applicable. If you meet this requirement, you can repay your personal loan before the original due date and close your loan early.

      Vijaya Bank Personal Loan Process Steps

      Step 1: Determine your requirement
      Figure out why you need a Personal Loan and how much you need. For example, you may need a loan to fund your wedding or to renovate your home. And you may need just Rs. 1 lac or Rs. 10 lac.

      Step 2: Check loan eligibility
      Once you know how much you need, you should check whether you are eligible. You can visit the Vijaya Bank Personal Loan Eligibility Criteria online, to find out how much you can borrow as a Personal Loan. Vijaya Bank offers loans up to Rs. 40 lac.

      Step 3: Calculate monthly instalments 
      Use an online EMI tool to calculate your approximate loan repayments every month. You can modify the interest rate and tenure to match your monthly income, like on the Vijaya Bank Personal Loan EMI Calculator. Vijaya Bank offers pocket-friendly EMIs on all its Personal Loans starting at Rs. 2149 per lac * (T&C).

      Step 4: Approach the bank 
      You can apply for a Personal Loan with Vijaya Bank in various ways: Via Net Baning, online on the Vijaya Bank website, at an ATM, or by visiting a branch.

      Step 5: Submit documents 
      Next, find out what documents are required for a Personal Loan. You will usually need income proof (bank statements, salary slips or IT returns), address proof, and ID proof. Hand over copies of your Personal Loan documents at the bank.

      Wait for funds to be remitted to your account. Vijaya Bank disburses funds for pre-approved loans to customers in 10 seconds*, and for non-Vijaya Bank customers in 4 hours.

      That’s how to get a Personal Loan in 5 easy steps!

      Vijaya Bank Personal Loan Prepayment Charges 

      If you are a salaried applicant, you can pre-pay your Vijaya Bank Personal Loan only after paying 12 equated monthly instalments completely.

      The pre-payment charges for salaried applicants are as follows:

      • 4% of the outstanding principal amount for 13 to 24 months.
      • 5% of the outstanding principal amount for 25 to 36 months.
      • 2% of the outstanding principal amount for more than 36 months.

      How to apply for Vijaya Bank Personal Loan?

      Vijaya Bank Personal Loan

      1. Avail of personal loans online in a few seconds. You can even check your personal loan eligibility and the rates of interest online.
      2. Visit Dialabank on google.
      3. After that search for the Personal Loan.
      4. Now fill the application form with your necessary information.
      5. Don’t forget to enter your exact contact number.
      6. Now click on the apply button.
      7. 9878981166 is the Vijaya bank personal loan customer care number.

      Vijaya Bank Personal Loan Verification Process

      • Dialabank will send your loan application to your preferred lender and you will usually receive a call from the lender’s representative within 48 hours.
      • The potential lender can arrange pickup of your KYC, salary, etc. documents to be picked up or have an alternative to upload them online. To validate your submission, these documents will be used.
      • You will get another call to check the loan offer and ask for your approval for disbursement until the lender’s verification is completed and your loan is accepted.
      • The loan is normally disbursed within 48 hours of loan approval and successful verification.

      Check your Vijaya Bank Personal Loan Application Status

      You can check the status of your Vijaya Bank Personal Loan by the following methods – 

      • You can also visit your loan branch and ask the banker for the same.
      • Log In to the Vijaya Bank Net banking Portal, Click on loans from the top ribbon and click on Enquire to check the status of your loan.
      • Search for ‘personal loan status’ on Google, open the first link which will take you to the Loan Status Tracker webpage of Vijaya Bank, and fill in the required information to check the status of your loan.

      How to Login in Vijaya Bank Portal

      • Visit Vijaya Bank’s official website.
      • Click on ‘Login’ in the upper right corner of the screen.
      • Use your User ID and Password or registered mobile number to log in.

      How to check Vijaya Bank Personal Loan Statement?

      By following the steps given below, clients can download the bank’s personal loan statement:

      • Access the bank’s official website.
      • Select ‘Get in touch and from the drop-down list pick ‘Service Requests’.
      • Select ‘Personal Loan Related’ on the page that immediately opens, under the ‘Loans’ menu.
      • After that, click on ‘Request for Loan Account Statement’.
      • Make use of your user ID and password to log in, or use your registered mobile number and OTP to use the personal loan statement of the bank.

      Vijaya Bank Personal Loan Restructuring (COVID-19)

      A 6-month moratorium on various term loans was confirmed to mitigate the effects of the COVID-19 pandemic to a certain degree. Vijaya Bank declared the RBI-mandated one-time gain from Vijaya Bank’s personal loan restructuring upon completion of the 6-month moratorium. This mechanism is supposed to provide continued relief to the borrowers who are still unable to begin repayment of their daily EMI due to the continuing financial hardship of the pandemic.

      An additional moratorium of up to 2 years or an expansion to the current repayment period to reduce monthly EMI payments is included in the loan settlement process introduced by Vijaya Bank. It should be noted that the restructuring of your personal loan to Vijaya Bank would result in additional interest rates exceeding those applicable to the original loan. Thus this relief instrument can only be used as a last resort.

      Vijaya Bank Customer Care

      • For any questions relating to personal loans, customers may contact this number: 9878981166
      • For any questions or concerns, customers may also reach our website.

      Benefits of Applying for Personal Loan at Dialabank

      • Simple Accessibility: From the comfort of your home or office, it is easy to apply for Dialabank personal loans.
      • Check various deals: You can compare offers from 30+ lenders on a single platform. This not only decreases effort and time but also helps you to make the right decision easily and efficiently.
      • 24 X 7 Support: The dedicated customer care team offers end-to-end support for the seamless processing of online applications.
      • Get instant e-approval: When you apply electronically via the Dialabank website, get the lender’s immediate conditional e-approval.

      How to get the best offer on Vijaya Bank Personal Loan?

      You can get the best personal interest rates from Vijaya Bank subject to an assessment of your loan amount, salary, other obligation company you work with, and loan tenure. The following factors determine the personal loan rate of interest you can expect to get from Vijaya:

      • Loan Amount – This is the amount borrowed by a borrower from the bank. Generally, banks offer lower interest rates for higher amounts. Vijaya Bank offers loans between ₹ 50,000 and ₹ 75 Lakh.
      • Salary – Income defines your capacity to repay the loan. Higher salary bracket individuals are offered loans at lower interest rates. The interest rate of the bank varies with your net monthly income.
      • Employer Category – Vijaya Bank has an internal list of companies falling into categories that are ranked from high to low company categories based on the company’s size, reputation, and existing relationship with the bank. Employees who belong to companies in higher company categories get attractive discounts and low-interest rate loans.
      • Relationship with the Bank – Vijaya Bank offers special rates, offers, and charges to the existing account holders of the bank. Those who have managed their accounts and made all the payments on time in the past will get the benefit of a low Vijaya Bank loan interest rate.
      • Loan Tenure – Personal loans are of shorter tenure ranges from 12 months to 60 months as they are taken to meet their immediate requirements.
      • Repayment Capacity – Before giving a loan to the borrower, Vijaya Bank checks the repayment capacity of the borrower. Bank verifies the repayment capacity of the customer through CIBIL as it has the repayment track record of previous loans taken. CIBIL also captures information on credit card bills payment.

      How does Vijaya Bank Personal Loan work, Here is the process

      Maximum Annual Percentage Rate (APR) 11% to 22.5%
      A representative example of the total cost of the loan, including all applicable fees
      Here is an illustration of the total cost of the loan:

      Total amount borrowed: ₹ 1,00,000

      Time period: 12 Months to 60 Months

      Vijaya Bank Personal Loan Interest Rate: 10.50% to 22.00%

      Processing Fee payable to Upto ₹ 2,500

      Fee payable to MyLoanCare: NIL

      Total Monthly Cost – From ₹ 2,149 for 60 Months ₹ 1,00,000 loan at 10.50% (lowest rate, longest time period) to ₹ 9,359 for 12 Months ₹ 1,00,000 loan at 22.00% (highest rate, shortest time period). This is inclusive of principal repayment.

      Annual Percentage Rate (APR) of charge including all applicable fees: 11% to 22.5%

      Total cost payable over loan tenure: ₹ 8,278 for 12 Months loan to ₹ 31,463 for 60 Months loan

      Important Aspects

      Some important aspects that you must take into account when applying for a Vijaya Bank personal loan are provided below:

      • It is always useful to check your credit score when applying for a personal loan. A good credit score increases the likelihood of your personal loan being accepted.
      • It is preferable to compare the cost of a personal loan (interest rates and all related charges) before finalizing it with a specific lender.
      • Borrow according to your potential for need and repayment. Stop borrowing solely because a higher amount is available for you to borrow.
      • Avoid jointly applying for personal loans with several lenders. This shows you are credit-hungry and also raises your credit report’s amount of challenging inquiries.

      About Vijaya Bank Personal Loan

      Vijaya Bank is a public sector bank, and the corporate office of the bank is in Bangalore. Furthermore, the bank is one of the nationalized banks in India. Mr. A.B Shetty is the founder of the bank. The bank serves its customers with various financial products it includes loans as well. A personal loan is a significant product and is primarily there to help the customers to fulfil their business needs. Vijaya Bank Personal Loan is a type of loan where you borrow the funds from the bank at a low rate of interest to meet your demand. It can be anything; the bank would not question the use of the loan amount.

      FAQs About Vijaya Bank Personal Loan

      ✅ How to apply for Vijaya Bank Personal Loan?

      You can apply for a personal loan with Vijaya Bank by visiting the nearest Vijaya Bank branch or by a simple form submission with Dialabank. With Dialabank, you get the satisfaction to apply from anywhere for a personal loan and get online approval faster.

      ✅ What is the Interest Rate for Vijaya Bank Personal Loan?

      Vijaya Bank charges an interest rate that starts at 10.50% per annum for their personal loan products.

      ✅ What is the minimum age for getting a Personal Loan from Vijaya Bank?

      You must be 21 years old to apply for a personal loan with Vijaya Bank.

      ✅ What is the maximum age for getting a Personal Loan from Vijaya Bank?

      The maximum age for getting a personal loan from Vijaya Bank is 60 years.

      ✅ What is the minimum loan amount for Vijaya Bank Personal Loan?

      The minimum loan amount for availing of a personal loan from Vijaya Bank is Rs 50,000.

      ✅ What is the maximum loan amount for Vijaya Bank Personal Loan?

      You can avail of a maximum loan amount of Rs. 75 lakhs under the personal loan scheme from Vijaya Bank.

      ✅ What are the documents required for Vijaya Bank Personal Loan?

      You will require an Aadhaar card/Voter ID, PAN card, salary slips of the last 6 months, the ITR files of the last two years, and two recently clicked photographs are required for a personal loan from Vijaya Bank.

      ✅ What is the Processing Fee for Vijaya Bank Personal Loan?

      Vijaya Bank charges a processing fee of up to 2% of the loan amount for the personal loan.

      ✅ How to get Vijaya Bank Personal Loan for Self Employed?

      Vijaya Bank provides special offers for self-employed borrowers to meet their financial needs. You must have the ITR files of the last three years as your income proof.

      ✅ What is the Maximum Loan Tenure for Vijaya Bank Personal Loan?

      The maximum period of loan tenure for a personal loan from Vijaya Bank is 60 months.

      ✅ What should be the CIBIL Score for Vijaya Bank Personal Loan?

      You must have a CIBIL score of 750 minimum or above for getting a personal loan from Vijaya Bank.

      ✅ Do I have a preapproved offer for Vijaya Bank Personal Loan?

      You can check out your preapproved personal loan offers from Vijaya Bank with Dialabank. Just fill the form, and we will check out all the offers for you and get back to you to help you choose the best.

      ✅ How to calculate EMI for Vijaya Bank Personal Loan?

      You can use the EMI calculator available at Dialabank’s website for the calculation of your personal loan EMIs from Vijaya Bank.

      ✅ How to pay Vijaya Bank Personal Loan EMI?

      Your personal loan EMIs from Vijaya Bank automatically takes from your bank account. You can also use the net-banking services of Vijaya Bank for the payment of your personal loan.

      ✅ How to close Vijaya Bank Personal Loan?

      You will pay all the outstanding personal loan amount and then contact the branch of Vijaya Bank for receiving your no dues certificate.

      ✅ How to check Vijaya Bank Personal Loan Status?

      You will require to visit the Vijaya Bank branch to check the status of your personal loan. Alternatively, you can visit Dialabank and fill a simple form to allow us to do work for you.

      ✅ How to close Vijaya Bank Personal Loan Online?

      Closing of a personal loan from Vijaya Bank demands the following steps:

      • Visit the net-banking page of Vijaya Bank.
      • Login by your details.
      • Pay your personal loan.
      • Save the transaction receipt.

      ✅ How to pay Vijaya Bank Personal Loan EMI Online?

      Your personal loan EMI can be paid through Vijaya Bank’s net-banking services. Dialabank allows you to compare offers and deals from various banks to choose the best, to avail of low-EMI personal loans. All you have to do is fill a simple form, and we will do the rest for you.

      ✅ How to check Personal Loan Balance in Vijaya Bank?

      To check the personal loan balance in Vijaya Bank, you will contact the customer care number of Vijaya Bank. If you are searching for low-interest personal loans, you can visit Dialabank and fill a simple form for Personal Loan Balance Transfer, and we will do the best for you.

      ✅ How to download Vijaya Bank Personal Loan Statement?

      The personal loan statement of Vijaya Bank can be downloaded through the Vijaya Bank mobile banking app. You can visit the online platform of Dialabank and fill a simple form to know about all the offers that we have for you.

      ✅ How to Top Up Personal Loan in Vijaya Bank?

      If you want a top-up on your personal loan from Vijaya Bank, you must visit the bank branch and contact the loan officer. Also, fill a simple form with Dialabank at Personal Loan Top Up and leave the rest to us

      ✅ What happens if I don’t pay my Vijaya Bank Personal Loan EMIs?

      Vijaya Bank charges a penal interest if you fail to pay your EMIs of personal loans. If you are looking for low-interest personal loans,  you must apply for a balance transfer using Dialabank.

      ✅ How to find the Vijaya Bank Personal Loan account number?

      You will require to contact your Vijaya Bank loan branch to find your personal loan account number. You may also fill out the form available at Dialabank and let us do all the work for you.

      ✅What is the Vijaya Bank personal loan customer care number?

      Contact at 9878981166 for any queries.

      ✅What are the Vijaya Bank Personal Loan pre-closure charges?

      Vijaya Bank gives you the option of pre-closing your loan after a period of a minimum of 12 months of taking the loan and paying 12 successful EMIs on your investment. However, Vijaya Bank charges a Prepayment or Pre-closure charge.

      ✅What is the Vijaya Bank Personal Loan closure procedure?

      1. Visit the bank with the complete set of documents (as mentioned above).
      2. You may be required to fill a form or write a letter requesting pre-closure of the Personal Loan account.
      3. Pay the pre-closure amount.
      4. Sign the required documents, if any.
      5. Take acknowledgement of the balance amount you have paid.

      ✅What are the Vijaya Bank’s Personal Loan foreclosure charges?

      Vijaya Bank lets you foreclose your personal loan with NIL foreclosure charges.

      ✅What is the Vijaya 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 similarly repay the got out absolutely at whatever point the condition is ideal.

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