Personal Loan Bhadrak

Best Banks for Personal Loan in Bhadrak

Personal Loan in Bhadrak Features

A personal loan is a kind of financial service in which you don’t have to provide any collateral security against a Loan. Also, the lender offers you the amount with the flexibility to use the amount according to your needs and requirements.

1. The amount of Personal Loan Bhadrak depends upon the income and repays ability of the person.
2. The amount can be used as per your financial requirements.
3. There is a need to pledge any property or asset as collateral to the lender.
4. No cosigner is required.

Personal Loan in Bhadrak Interest Rate and Charges

Interest Rate may vary from person to person as it depends upon the salary and CIBIL score of the applicant. The interest rate of a personal Loan starts from 7.35% per year.

More About: Interest Rates on Personal Loan

Personal Loan in Bhadrak Eligibility Criteria

There are some eligibility criteria based on the applicant ability to pay. There are two categories of applicants:

1. Salaried
2. Self-employed

Further, there are different eligibility criteria for both applicants.

Click here to know more about- EMI Calculator.

Salaried Applicant:

1. The applicant should be between the age of 21-60.
2. If the applicant inhabited a metropolitan city, then he must have a minimum income of Rs 18,000. And if he is from a non-metropolitan city, he must have a minimum salary of Rs 15,000.
3. The borrower must have work experience of at least three years, and the pay should come in their account only.
4. The applicant should have a good credit history.
5. The documentation process is easy; the applicant has to present their bank statement of the last three months and salary slip of the previous six months.

Click here to know more about- Salaried Applicant.

Self-employed Applicant:

1. The applicant should be a minimum of 25 years old.
2. The borrower should file ITR for the last three years.
3. The credit score of the borrower must be good, and no debt should be left due.
4. The ITR which the applicant files must be of Rs 2.5 lakhs per annum at least.
5. If the applicant runs a business, then the company should be running for the last three years.

Click here to know more – Self-employed Applicant.

Personal Loan in Bhadrak Documents Required

1. Identity proof such as Passport/Id card/driving license/Aadhar Card/Voter card any one of them should not be expired. Everyone has these documents, so there is no problem with the submission.
2. Residence proof includes voter card/Id card/driving license/Ration Card/Passport/Aadhar Card). And if the borrower is living in a rented apartment, they have to present their rental agreement or electricity bill, which has to be in the borrower’s name and the owner’s address.
3. The borrower has to submit their PAN card, which is an essential document under the KYC formality.
4. If the borrower is a salaried applicant, then he has to submit his salary slip for the last three months and his bank statements for the last six months.
5. And if the borrower is a self-employed applicant, he has to submit the ITR of the last three years, and his business registration should be done.
6. Two passport size coloured photos. (Applicant should not be wearing glasses)

Personal Loan Bhadrak Tenure

The tenure of Personal Loan Bhadrak is from 1 year to 5 years.

Why your decision of choosing Dialabank is the right decision?

1. No extra charges are applicable.
2. Ready to help 24/7.
3. Quick pick-up of documents.
4. Approval in no time.
5. Assistance from experts.

How to apply?

1. Visit Dialabank
2. Go to the loan section and select the personal loan link.
3. The applicant will be directed to all further details regarding personal Loans, where they can choose their preferred city.
4. For more information and free guidance, the interested candidate may call on 9878981166.

Personal Loan Bhadrak Agent and Contact Number 

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

About Bhadrak

Bhadrak is a city of Odisha in India. It is an easy and time-saving process to take Personal Loan only when you apply through Dialabank. Visit Dialabank or call on 9878981166.

Personal Loan Interest Rates: Updated 2020

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

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