Personal Loan Washim

Major Personal Loan Providers in Washim

Feature	HDFC Bank	Private Bank	Bajaj Finance
Interest Rate	10.75% - 17%	11.25% - 18.5%	0.12
Min Loan Amt	Metro : 75000 & Non Metro: 50000	50000	100000
Max Loan Amt	50 Lacs	50 Lacs	1 Cr
Loan Tenure	1 - 5 Years	1 - 5 Years	1 - 5 Years
Processing Fee	0.25% - 2% of the Loan Amt	1% - 2.5% of the Loan Amt	0.5% - 2% of the Loan Amt
Preclosure Charges	2%, Nil foreclosure charges after 12 months	2%, Nil foreclosure charges after 24 months	Nil
Overdraft Facility	No	No	Yes

Personal Loan Washim Features

Are you in need of cash? Well, you do not have to worry. A personal loan is a kind of loan that is convenient for you. This kind of loan is not only of an unsecured nature with very fewer records needed with even lesser paperwork. This kind of loan may be approved in up to 48 hours to get approved following the process of verification.

Personal Loan Washim provides financial aid assistance to all customers at affordable as well as cost-effective interest rates. To get a Personal Loan, the candidate is required to have a relatively stronger and dependable source of income and also a reasonably good credit history profile.

Also, there exists no declared end-use restriction on the use of the personal loan sum. This loan sum can be used in whatever way is needed.

In order to ask for a personal loan, Washim click on Personal Loan

Personal Loan Washim Interest Rates

Bank	Processing Fee	Prepayment Charges
HDFC Bank Personal Loan	0.25% to 1.50%	2%, Nil foreclosure charges after 3 months
Axis Bank Personal Loan	0.50% to 1.50%	Nil
Private Bank Personal Loan	0.25% to 1.50%	2%, Nil foreclosure charges after 9 months
SBI Personal Loan	500/- to 0.50%	Nil
Kotak Personal Loan	1% to 2%	2.25% of fore closure amount if closed 1 month ahead of the tenure.
IIFL Personal Loan	Nil	Nil
Muthoot Personal Loan	Nil	Nil
Manappauram Personal Loan	Nil	Nil
PNB Personal Loan	0.70% to 1%	Nil
Canara Bank Personal Loan	0.01	Nil
Andhra Bank Personal Loan	Nil	Nil

To check Personal Loan Interest Rate for all major banks you can visit: Personal Loan Interest Rates

Documents for Personal Loan Washim

Salaried Customers:

1. Identity data(Aadhar card/driving license)
2. Statements for the wages of the past three months.
3. Bank accounts for the last 6 months
4. PAN
5. Proof for Residency(Own/Rent/Company provided)
6. Passport-size photo- 2

*NOTE: If one lives in paid apartments, rent agreement needs to be attached.

Self-Employed Customers:

1. All financial statements are needed(Balance Sheet, P&L Statement as well as ITR files)
2. PAN Card
3. Aadhar
4. Residence Attempt
5. Passport-sized photos- 2

Eligibility Criteria for Personal Loan Washim

Click here to understand more about personal loan eligibility

Salaried Applicants

1. The base age of the applicant ought not to be under 21 years or over 60 years.
2. The applicant must have a work belief, in any event, three years. The compensation ought to have been relocated in their records as it were.
3. The claimant should have an excellent credit history.
4. The job location of the applicant should be considered.
5. The borrower must have the least income of at least INR 25,000 p.m.

Click here to comprehend more concerning a personal loan for- Salaried Applicant

Self-Employed Applicants

1. The age of an independent body applying should be at least 25 years.
2. The candidate applying for a personal loan should have been filing ITR for the past three years. In case the candidate is a businessman, then the business is expected to be running well for the last 3 years.
3. The credit score of the petitioner should be good and there must not be any securities or any dues pending.
4. The yearly income of the candidate should be no less than Rs 2.5 lakh.
5. The entire document confirmation process for the personal loan approval needs the applicants to submit their financial announcements and their bank statement for the past three months.

Click hither to know more concerning the personal loan for– Self-employed Applicant

Why Apply for Personal Loan Washim?

1. There is no hard and fast rule for the provision of depositing any mortgage or insurance as a security to the bank.
2. A personal loan is a description of a multidimensional investment, so it can be put to use for any variety of issues.
3. The amount of personal loans is solely based on the repayment capacity of the candidate.
4. A Personal Loan does not require any candidate or guarantor.

How to apply for Personal Loan Washim?

1. Visit this website: Dialabank.
2. Then, go to the loan division and go to the personal loan link. It will direct you to the specific information of the personal loan where you can pick your town. For more news and free guidance, please call 9878981166.

Processing Fee / Prepayment Charges on Personal Loan Washim

All Banks and NBFCs cost a certain fee to prepare a Personal Loan application. This cost changes between 1.5% to 2.5% of the approved loan amount.

If you wish to terminate your loan before the decided loan tenure, all lending companies will be charging you a sentence as a prepayment fee. Usually, you will not be allowed to close your loan before a duration of 12 months. Post that, the assessments differ based on the number of years the loan has closed. This charge ranges from 4% of the remaining loan result in the second year to 2% in the fourth year of the loan.

To understand the interest rate click on personal loan interest rate

Personal Loan Washim EMI Calculator

Equated Monthly Installments or EMI implies a monthly set rate that you are needed to pay to the bank as regular repayment for the loan amount which is secured. According to your profile, the rate of interest on your loan is fixed. The EMI on your loan is determined depending upon the Rate the bank credits you with and the loan amount you have to use and the period for which you take the credit.

CIBIL Score required for Personal Loan Washim

All the lending organizations have their own criteria for a minimum CIBIL score that is needed to prepare a Personal Loan application in Washim. Mostly, the institutions need a least score of at least 750 to further process an appeal.

No institution only looks at the overall score. They also see an elaborated view of the previous loans. The features include the type of loans and the amount of cash that was borrowed. If there endures any delay in the payments of the previous investments, it may prevent the approval of the present loan.

Personal Loan Washim Agents

Dialabank is one of the best agents for availing Personal Loan in Washim. You can easily use it online at Dialabank or give a call at 9878981166

Dialabank assists you to look for the best choice of Banks and NBFCs by giving you entrance to an in-detail market comparative judgment of various banks to help you pick the best one. Visit our website Dialabank and fill out a simple form with the items of personal and employment data. Our customer relationship managers will be in touch with you soon.

Personal Loan Washim Contact Number

Call 9878981166 and get timely support and approval for a Personal Loan in Washim.

Pre Calculated EMI Table for Personal Loan Washim

Click hither for a personal loan EMI calculator

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

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About Washim

Washim is a city and a Municipal Council in Washim district in the Indian state of Maharashtra. Washim is the district headquarters of Washim district.

FAQs About Personal Loan Washim

✅ Who can apply for a Personal Loan in Washim?

People who have an urgent need for cash and have a regular source of income (from employment or business) can apply for a Personal Loan in Washim.

✅ What is the tenure of a Personal Loan in Washim?

Most of the Banks and NBFCs provide a Personal Loan for a min period of 1 Yr and a Max period of 5 Years. There are some Banks that extend the maximum period to 7 Years also. The tenure is fixed and cannot be extended. The repayment has to be done in equal monthly instalments within the agreed tenure of the loan.

✅ Are there any other charges involved in Personal Loan Washim?

Yes, there are 2 types of charges that one needs to pay in order to avail of a personal loan in Washim:

Processing Fee: For every bank or lending institution that you borrow from, there is a small fee that they charge from the customer. This is known as Processing Fee. The amount of processing fee varies for each lending institution and is normally between 1% and 2.5% of the loan amount.

Pre-closure Charges: If you want to close a running loan before its decided tenure period, the Banks and NBFCs charge an extra amount known as pre-closure charges on the borrowed loan amount. Different banks have different pre-closure charges. The pre-closure charges vary depending on how many years has your loan been completed before you decide to pre-close it.

✅ Can my application for Personal Loan Washim get rejected due to my CIBIL score?

Personal Loan, being an unsecured loan, one of the most significant decision criteria for getting your Personal Loan application approved is your CIBIL Score. Having a High CIBIL score becomes extremely important if you wish to avail of a Personal Loan in the future. Make sure you don’t leave or delay any of your loan EMI payments or any credit card payments as that will result in decreasing your CIBIL score. Most of the Personal Loan rejections occur because of a low CIBIL Score.

Other Cities For Personal Loan In Maharashtra

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