Personal Loan Basti

Best Banks for Personal Loan in Basti

Feature	HDFC Bank	Private Bank	Bajaj Finance
Interest Rate	10.75% - 17%	11.25% - 18.5%	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 in Basti Features

Personal loans are there for individuals lacking funds for various purposes, such as weddings, school fees, downpayment of vehicle purchase, etc. Here we offer personal loans for those who seek funds without any collateral. An essential benefit of a personal loan is that you can avail yourself of the funds without collateral or security.

These loans are provided to those individuals who are eligible under bank eligibility criteria.

Personal Loan Basti is an unsecured loan that provides financial aid to customers at affordable interest rates. To get a Personal Loan, the applicant needs to have a good and secure income source and has a good credit history.

Furthermore, there is no end-use restriction or compulsion on the use of the personal loan amount. The loan amount can be used wherever you want to spend.

Personal Loan in Basti Interest Rates and Charges

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

Personal Loan in Basti Documents Required

Salaried Customers:

1. Identity proof (Aadhar card/driving license)
2. Salary slips of last three months
3. Bank statements for the last 6 months
4. PAN Card
5. Residence Proof (Owned/Rented/Company provided)
6. Passport-sized photographs – 2

*NOTE: In the case of rented apartments, a rent agreement needs to be attached.

Self-Employed Customers:

1. All financials are required (Balance Sheet, P&L Statement as well as ITR files)
2. PAN Card
3. Aadhar Card
4. Residence Proof
5. Two passport-sized photographs

Personal Loan in Basti Eligibility Criteria

The Personal Loan Eligibility criteria for both types of individuals, Salaried and Self-Employed are different:

Salaried Applicants

1. The minimum age requirements of the individual should be 21 years and a maximum of up to 60 years.
2. The applicants must have work experience of 3 or4 years. And the salary should be received or deposited in their accounts only.
3. The applicants must have an eligible and sound credit history.
4. The job location of the applicant should be mentioned.
5.  A borrower should have a minimum income of INR 25,000 per month.

Click here to know more about- Personal Loan Salaried Applicant.

Self-Employed Applicants

1. The minimum age requirement for an independent person should be 25 years.
2. The applicants applying for the personal loan Basti should file ITR for the last three years.
3. If the applicants are the businessman, then the business should be running from the last three years.
4. The credit score or rating of the individual applicants should be good, and also there should not be any debt or dues left.
5. The annual income of the applicants should be a minimum of Rs 2.5 lakh.
6. The whole documentation process of the personal loan Basti is the applicants have to submit his financial and bank statements of the previous three months.

Click here to know more –Personal loan Self-employed Applicant.

Why Apply for Personal Loan Basti?

1. Basti does not need to deposit any mortgage and collateral security to the bank for personal loans.
2. A personal loan Basti is a multi-purpose offer loan. It can be used for all the problems or demands related to finance.
3. The amount of personal loan Basti depends upon the repayment of individual income and capacity.
4. A Personal Loan Basti does not require any guarantor or nominee.

How to apply for Personal Loan Basti?

1. Visit www.dialabank.com.
2. Go to the loan section and then make a click on the personal loan link.
3. The applicant will know all details of the personal loan where they can choose their preferred city.
4. For more information and any free guidance, you may call on 9878981166.

Processing Fee / Prepayment Charges on Personal Loan Basti

Every Bank and NBFC charges a fee for processing your Personal Loan Basti application. These may charge 1% of the sanctioned loan amount.

If you wish to foreclose or end your loan before the agreed loan tenure, every lending institution or bank charges you a penal prepayment fee. In most cases, you cannot close your loan before 12 months or before completing one year. Post that, the charges vary depending on how many years the loan has been done or the personal loan period.

Personal Loan Basti EMI Calculator

Equated Monthly Installments, also known as EMI, are the monthly fixed charges you pay to the personal loan bank as monthly repayment for the loan amount borrowed on a personal loan Basti.  Based on your profile or creditworthiness, the interest rate on your loan is determined. Your EMI is calculated basis the Interest Rate the personal loan bank charges you, the amount of personal loan you have to take, and the period you enjoy the loan. The Personal Loan EMI Calculator is as follows:

CIBIL Score required for Personal Loan Basti

Every lending institution has its own criteria for the minimum CIBIL score required for processing a Personal Loan application in Basti. However, most financial institutions require a minimum score of 750 to process your loan application.

The institutions don’t just look at the overall score of CIBIL and the detailed behaviour on the previous loans taken. This includes details on the type of loan taken and the amount borrowed from any bank. Any delayed payments for previous loans of any bank can act as a barrier to your availing of a fresh loan.

Personal Loan in Basti Agent and Contact Number

Dialabank is the leading agent for availing of Personal Loan Basti. You can apply online with Dialabank at www.dialabank.com or give a call at 9878981166

Dialabank helps you find the best option of Personal loan Basti Banks and NBFCs by providing you with a detailed market comparison of different banks to make the right choice. Visit our website www.dialabank.com and fill a simple form with your personal and employment details to avail best offers. Our customer relationship managers will soon get in touch with you and provide you with assistance.

Call 9878981166 and get instant help and approval for Personal Loan Basti.

Pre Calculated EMI Table for Personal Loan Basti

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 Basti

Basti district is one of Uttar Pradesh states, India, and a part of Basti Division. Basti city is the district headquarters. In the freedom struggle of 1857, about 250 martyrs of Amorha State were hanged by the British Government from peepal trees located at Chhawani.

FAQs

✅ Who can apply for a Personal Loan in Basti?

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 Basti.

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

Most banks and NBFCs provide a Personal Loan for a min period of 1 Yr and a Max period of 5 Years. Some Banks 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.

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

Since a Personal Loan is an unsecured loan, one of the most important 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 skip any of your loan EMI payments or any credit card payments, as that will decrease your CIBIL score. Most of the Personal Loan rejections happen due to a low CIBIL Score.