Personal Loan Chatra

Best Banks for Personal Loan in Chatra

Personal Loan Chatra Features

Uncertainty in the future for managing funds?

A Personal Loan can cover every bit of your problems and can help you achieve your future dreams.

If we talk about a Personal Loan Chatra – It is a sum of funds which is offered by the banks and the NBFCs with a very affordable EMIs and low rate of interest, helping you to resolve any financial crunch you are facing.

This loan type is unsecured and is with minimal documentation and paperwork. With the proper paperwork and verification process, you can get a loan approval within 48 hours.

While all other loans are specific, like a car loan for a car and a home loan for any property, a personal loan has no end-use restrictions. Meaning you can use the loan the way you like. For example, paying bills, funding a vacation, a wedding, etc.

A full detailed eligibility and documentation criteria are listed below that you have to follow for a personal loan.

Personal Loan Chatra Interest Rates

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

Documents Required for Personal Loan Chatra

Salaried Customers:

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

Self-Employed Customers: 

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

Personal Loan Chatra Eligibility Criteria

The personal loan eligibility requirements are as followed:

Salaried Applicants 

1. The applicant should be between the age group of  (minimum) 21 to 60 (maximum).
2. The applicants must have the work experience of the three years and the salary should be received in their accounts only.
3. The applicants must have an excellent 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

Self-Employed Applicants

1. The applicant should be between the age group of  (minimum) 25 to 60 (maximum).
2. The applicant should file ITR for the last three years.
3. If the applicant is a businessman, then the business should be open and running for the past three years.
4. The applicants must have an excellent credit history.
5. The annual income of the applicants should be a minimum of Rs 2.5 lakh.
6. The applicants must submit financial and bank statements for the previous three months.

Why Apply for Personal Loan Chatra?

1. There is no need to deposit any mortgage and collateral security to the bank.
2. A personal loan is a multi-purpose offer loan. It can be used for all the problems related to finance.
3. The amount of personal loan depends upon the repayment of individual income and capacity.
4. A Personal Loan does not require any guarantor or nominee.

How to apply for Personal Loan in Chatra?

To apply for an Instant Personal Loan Chatra, Applicants don’t need to visit the bank’s branch as applicants can apply for it online at DialaBank.com.

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

Processing Fee / Prepayment Charges on Personal Loan in Chatra

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

In case you wish to foreclose your loan before the agreed loan tenure, every lending institution charges you a penal prepayment fee. In most cases, you cannot close your loan before 12 months. Post that the charges vary depending on how many years the loan has done. These charges vary from 4% of the outstanding loan amount in the 2nd year to 2% in the 4th year of the loan.

Personal Loan EMI Calculator Chatra

Equated Monthly Installments also know as EMI are the monthly fixed charges that you pay to the bank as monthly repayment for the loan amount borrowed.  Based on your profile, the interest rate on your loan is determined. Your EMI is calculated basis the Interest Rate you are charged by the bank and the amount of loan you have to take and the period for which you enjoy the loan.

To calculate your EMI: Personal Loan EMI Calculator

CIBIL Score required for Personal Loan Chatra

Every lending institution has its own criteria for the minimum CIBIL score required for processing a Personal Loan Chatra application. Most institutions require a minimum score of 750 to process your loan application.

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

Personal Loan Chatra Agents

Dialabank is the leading agent for availing Instant Personal Loan in Chatra.

You can apply online at www.dialabank.com or give a call at 9878981166.

Personal Loan Chatra Contact Number

Call 9878981166 and get instant help and approval for Personal Loan in Chatra.

Pre Calculated EMI Table for Personal Loan Chatra

About Chatra

Chatra is the headquarters of Chatra district in the Jharkhand state, India. According to the 2011 census of India, it had a population of 49,985.

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