Personal Loan Sumerpur

Eligibility Criteria for Personal Loan Sumerpur

Click to know more about the personal loan eligibility

In the case of Personal Loan Sumerpur, the parameters of the requirements for both salaried and self-employed residents are dissimilar:

Salaried Applicants

1. The individual’s minimum age qualification for obtaining Personal Loan Sumerpur should be 21 years and up to 60 years at most.
2. Applicants are expected to have three years of work experience. And only in their respective financial accounts can the income be paid.
3. Applicants would have an outstanding history of credit.
4. It is necessary to note the work position of the worker.
5. A creditor should have a minimum income of Rs. 18,000 in a metropolitan city and a minimum income of Rs. 12,000 in a non-metro city.

Click here to know more about- Salaried Applicant

Self-Employed Applicants

1. For an individual citizen, the age limit should be 25 years.
2. ITRs can be reported for the past three years by people seeking a personal loan.
3. If the claimant is an investor, the organization may have been working for the last three years.
4. The person borrowers’ credit score should have been a decent one. No debt or dues should really be thrown aside.
5. The applicant’s overall income should be a range of Rs 2.5 lakh.

Click here to know more – Self-employed Applicant

Documents required for Personal Loan Sumerpur

1. The documentation required for proof of residency includes (Passport / ID card / Voting card / Aadhaar card / Ration card / Driving license) and if the applicants live in rented units, they must apply their rental agreement, their name, and the owner’s address with the utility bill.
2. For the last three years, self-employed applicants who wish to use personal loans should file ITR, and their company should be registered.
3. Salaried candidates are expected to explain their payslip for the past three months and their bank balance for the last six months.
4. Each applicant has to apply its pan passport, which is an important document, under KYC formality.
5. Photographs in two colored passport sizes ( Applicants should not wear any glasses)

Personal Loan Sumerpur Interest Rates

The personal loan interest rate depends on the profile and compensation of a person’s business. The Sumerpur Personal Loan interest rate starts at 10.75% per annum.

More About: Interest Rates on Personal Loan

Personal Loan Sumerpur Apply Online

1. The Dialabank Visit
2. Go to the loan section and click the link for your personal loan.
3. The specifics of the personal loan where they can pick their desired city will be addressed to the borrower.
4. You can call 9878981166 for more information and free advice.

Processing Fee / Prepayment Charges on Personal Loan Sumerpur

For processing your Personal Loan application, each bank and NBFC pay a fee. Such charges range from 1.5 percent to 2.5 percent of the amount of the loan authorized.

Each lending agency charges you a penalty pre-payment fee in case you try to foreclose your loan prior to the negotiated loan tenure. In most cases, you will not be able to close the loan within 12 months. The costs vary based on how many years the loan has been taken out. Such charges range from 4% of the amount of the unpaid debt in the 2nd year to 2% in the 4th year of the debt.

To know about the interest rate click on personal loan interest rate

Personal Loan Sumerpur EMI Calculator

About Sumerpur

Sumerpur is a town in the southern part of the state of Rajasthan’s Pali district in India. The town is the headquarters of the revenue division of Sumerpur and Sumerpur Tahsil. For Pali, Sirohi, and Jalore districts, Sumerpur is an important agricultural mandi.

Click here for personal loan EMI calculator.

Interest Rate of Different Banks – Updated 2020

Other Cities For Personal Loan