Personal Loan Chalakudy

Major Personal Loan Providers in Chalakudy

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 Chalakudy Features

If you are running short on cash to fulfil your desires, Personal loans are the most straightforward answer to all your money related queries. Dialabank assists you in the best way possible, from answering your doubts to processing your loan in the simplest way possible. With a requirement of essential documentation, you can avail of your loan anytime.

This kind of advance might be affirmed in 48 hours to get endorsed following the check procedure.

Personal Loan Chalakudy gives money related guide help to all clients at a moderate just as a financially savvy loan fee.

To get a Personal Loan, the candidate is required to have a similarly more grounded and trustworthy wellspring of pay and a genuinely decent record as a consumer profile.

Ith no usage barrier, you can spend your advance wherever you desire in the best way.

To apply for a personal loan, Chalakudy click on Personal Loan

Personal Loan Chalakudy 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 Chalakudy

The essential document required for sanctioning Personal loan in Chalakudy:

Salaried Customers:

1. Identity proof (Aadhar card/driving license)
2. Statements for the salary of the past three months.
3. Bank statements for the last 6 months
4. PAN
5. Proof for Residence (Own/Rent/Company provided)
6. Passport-size photograph – 2

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

Self-Employed Customers:

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

Eligibility Criteria for Personal Loan Chalakudy

Click here to know more about personal loan eligibility

Salaried Applicants

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

Click here to know more about a personal loan for Salaried Applicant

Self-Employed Applicants

1. The age of an independent person applying should be at least 25 years.
2. The applicant applying for a personal loan should have been filing ITR for the past three years. I\ case the applicant is a businessman, then the business must be running well for the last 3 years.
3. The applicant’s credit score should be good, and there must not be any debt or any dues pending.
4. The yearly income of the applicant should be no less than Rs 2.5 lakh.
5. The entire document verification process for the personal loan approval requires the applicants to submit their financial statements and bank statements for the past three months.

Click here to know more about the personal loan for– Self-employed Applicant.

Why Apply for Personal Loan Chalakudy?

1. There is no hard and fast rule for the requirement of depositing any mortgage or collateral as a security to the bank for a Personal Loan.
2. A personal loan is a versatile loan, so it can be put to use for any requirement.
3. The amount of personal loans is entirely based on the repayment capacity of the applicant.
4. A Personal Loan does not require any nominee or guarantor.

How to apply for Personal Loan Chalakudy?

1. Visit this website: www.dialabank.com.
2.  The given link will direct you to the detailed information of the personal loan where you can pick your city. For more information and free guidance, please call 9878981166.

Processing Fee / Prepayment Charges on Personal Loan Chalakudy

All Banks and NBFCs cost a certain fee to process a Personal Loan application. This cost varies between 1.5% to 2.5% of the sanctioned loan amount.

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

Personal Loan Chalakudy EMI Calculator

Equated Monthly Installments or EMI implies a monthly fixed rate that you need to pay to the bank as monthly repayment for the loan amount secured. According to your profile, the rate of interest on your loan is set.

The EMI on your loan is calculated depending upon the Rate the bank charges you, the loan amount you have to take, and the period you accept the loan.

CIBIL Score required for Personal Loan Chalakudy

All the lending institutions have their criteria for a minimal CIBIL score needed to process a Personal Loan application in Chalakudy. Mostly, the institutions require a minimum score of at least 750 to process an application further.

Personal Loan Chalakudy Agents

Dialabank is one of the leading agents for availing Personal Loan in Chalakudy. You can easily apply online at Dialabank or give a call at 9878981166

Dialabank assists you to look for the best option of Banks and NBFCs by giving you access to an in-detail market comparative analysis of various banks to help you pick the right one. Visit our website Dialabank and fill out a simple form with the details of personal and employment data.

Our faithful customer relationship managers will be in touch with you shortly.

Personal Loan Chalakudy Contact Number

Call 9878981166 and get timely assistance and approval for a Personal Loan in Chalakudy.

Pre Calculated EMI Table for Personal Loan Chalakudy

Click here for the 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 Chalakudy

Chalakudy is a municipal town situated on the banks of the Chalakudy River in the Thrissur District of the Kerala State in India. It is the headquarters of Chalakudy taluk. It is the base camp for travellers to Athirappilly and Vazhachal Falls.

FAQs About Personal Loan Chalakudy

✅ Who can apply for a Personal Loan in Chalakudy?

Candidates with a financial crisis with a regular source of income (from employment or business) can apply for a Personal Loan in Chalakudy.

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

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

Although 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 term of the loan.

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

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

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 processing fee varies for each lending institution and is generally 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 accounts.

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

For Personal Loan, an unsecured loan requires a standard Cibil score to meet the customer’s demand. Therefore, 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 decrease your CIBIL score. Most of the Personal Loan rejections occur because of a low CIBIL Score.