Personal Loan Ravulapalem

Best Banks for Personal Loan Ravulapalem

Personal Loan Ravulapalem Features

Are you worried about your monthly budget? Don’t worry Personal Loan is available for you to satisfy your monetary needs. Personal Loan is an unsecured loan in nature with minimal documentation and less paperwork required. It gets disbursed within 48 hours by applying with Dialabank, and the amount of loan sanctioned is transferred in the account of Applicant without any hassle.

Personal Loan Ravulapalem is a kind of loan where you borrow the money from a bank at a specific rate of interest to fulfill your financial needs. Personal Loan is the best way to overcome a financial crisis. Whenever there is a need for fast money, then you should go for the option of personal loan.

Personal Loan Ravulapalem Interest Rates and Charges:

The interest rates in Personal Loan depends upon the company’s profile and salary of a person. The interest rate of Personal Loan Ravulapalem starts from 7.35% per annum.

More About: Interest Rates on Personal Loan

Personal Loan Ravulapalem in Eligibility Criteria

In Personal Loan Eligibility Criteria for both Salaried and Self-Employed are different :

Salaried Applicants

1. Minimum age requirement of the individual for getting Personal Loan Ravulapalem should be 21 years and maximum up to 60 years.
2. The applicants must have the work experience of the three years. And the salary should be received in their accounts only.
3. The applicants must have an excellent credit history.
4. Job location of the Applicant should be mentioned.
5. In a metropolitan city, a borrower should have a minimum income of Rs. 18,000 and in non-metro city minimum income should be Rs. 12,000.

Click here to know more about- Salaried Applicant.

Self-Employed Applicants

1. Minimum age requirement for an independent person should be 25 years.
2. The applicants applying for the personal loan should file ITR for the last three years.
3. If the Applicant is a businessman, then the business should be running from the past three years.
4. The credit score of the individual applicants should be good. There should not be any debt or dues left.
5. The annual income of the applicants should be minimum of Rs 2.5 lakh.

Click here to know more – Self-employed Applicant.

Personal Loan Ravulapalem Documents Required

1. Residence proof: the documents required for the residence proof includes (Passport / ID card / Voter card / Aadhaar card / Ration card / Driving license), and if the applicants are living in rental apartments then they have to submit their Agreement, Electricity bill on his name and address of the owner.
2. Self-employed applicants who want a personal loan should file ITR for the last three years, and the business of the Applicant should be registered.
3. Salaried applicants have to show his salary slip of last three months and bank statement of last six months.
4. Under KYC formality, every Applicant has to submit his pan card, which is an essential document.
5. Two coloured passport size photos ( Applicants should not wear any glasses)

To know more click on Personal Loan Documents Required

How to apply for Personal Loan Ravulapalem?

1. Visit Dialabank
2. Go to the loan section and click on the personal loan link.
3. The Applicant will be directed to all details of the personal loan where they can choose their preferred city.
4. For more information and free guidance, you may call on 9878981166.
5. About Personal Loan

Processing Fee / Prepayment Charges on Personal Loan Ravulapalem

Every Bank and NBFC charges two kinds of fees from its customers. The first is a fee for processing your Personal Loan application. These charges are 1% of the sanctioned loan amount.

If you want to shut your credit before the decided credit period, all loaning corporations will impose you a fine as a prepayment charge. You won’t be allowed to terminate your credit before the cycle. Post that, the charges vary reliant on the number of years the loan has terminated. This charge changes from 4% of the balance in the next year to 2% in the fourth year of the loan.

To know the interest rate click on personal loan interest rate

Personal Loan Ravulapalem EMI Calculator

Equated Monthly Installments or EMI signifies a cyclic set rate that you need to return to the bank as monthly compensation for the loan amount which is obtained. According to your profile, the rate of interest on your loan is fixed. The EMI on your loan is determined depending upon the Rate bank charges you with and the loan amount you have to take and the duration for which you take the credit.

CIBIL Score required for Personal Loan Ravulapalem

All the lending companies have their own criteria for a least CIBIL score that is necessitated to prepare a Personal Loan application in Ravulapalem. Commonly, the organisations demand a least score 750 to process an application form.

No organisation simply views at the overall record; they also study at a refined composition of the preceding loans. The specifications involve the sort of loans and the amount of wealth that was procured. If there is any delay in the returns of the prior loans, it may terminate the approval of the present loan.

Personal Loan Ravulapalem Agent and Contact Number 

Dialabank is the leading agent for availing Personal Loan Ravulapalem. You can apply online at Dialabank or give a call at 9878981166

About Ravulapalem

Ravulapalem is a Mandal in East Godavari district of the Indian state of Andhra Pradesh. Two tributes of Godavari river named Gautami Godavari & Vasista Godavari passes from either side of the town. This place has rich fertile land with Alluvial soil. It is also called as Gateway of Konaseema.

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