Personal Loan Contai

Best Banks for Personal Loan Contai

Personal Loan Contai Features

Prices will never go down, nor will your expenditure, so now the question arises how are you going to cover these necessities on your own? We have a solution for you that is  Personal Loan, a life-changing potion which will help you to raise your standard of living, not only this you can use it according to your requirements. Even if you want to go for a trip, or want to make your child study in the best educational institution, etc. you got it all. There is absolutely no restriction on the use of the money and no collateral deposit is required.

Personal Loan Contai Interest Rates

Starting at 9.99%

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

Documents for Personal Loan Contai

Salaried Customers:

1. Salary slips of the last three months and bank statements for the last 6 months submitted by the applicant
2. Residence Proof which includes Passport Copy/ Telephone Bill/ Voter ID
3. 2 Passport-sized photographs (colored)
4. ID Proof: Aadhar card/driving license/ Voter ID
5. PAN Card

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

Self-Employed Customers:

1. 2 Passport-sized photographs (colored)
2. ID Proof: Aadhar card/driving license/ Voter ID
3. All financials are required (Balance Sheet, P&L Statement as well as ITR files) to be submitted by the borrower
4. Bank statements for the last 6 months
5. Residence Proof which includes Passport Copy/ Telephone Bill/ Voter ID
6. PAN Card

Eligibility Criteria for Personal Loan Contai

The eligibility criteria for both Salaried and Self-Employed are different:

Salaried Applicants

1. Applicant’s age must be above 21 and below 60 years of age
2. The borrower should have work experience of a minimum of 3years.
3. The applicants should not have any dues left and should have a decent CIBIL score
4. The job location of the borrower should be mentioned.

Self-Employed Applicants

1. The annual income of the applicants should be a minimum of Rs 2.5 lakh.
2. If the applicant is a businessman, then the business should be running for the last three years.
3. The credit score of the applicant should be good and there should not be any debt or dues left.
4. The minimum age requirement for an independent person is 25 years.
5. The applicants applying for the personal loan should file ITR for the last three years.
6. Financial and his bank statement of the previous three months should be submitted by the borrower

Click here to know more about eligibility: Personal Loan Eligibility

Why Apply for Personal Loan Contai?

1. Banks approve personal loans irrespective of any mortgage and collateral security as it is an unsecured loan
2. A Personal Loan does not require any guarantor or nominee
3. A personal loan can be used for any purpose as it is multi-purpose
4. The amount of a personal loan depends upon the repayment of individual income and capacity.

How to apply for Personal Loan Contai?

1. Visit Dialabank.
2. Go to the loan section and click on the tab personal loan
3. After that, the borrower needs to provide the personal and income details along with some other documents
4. Our relationship manager will then assist afterwards
5. For more information and free guidance, you may call on 9878981166.

Processing Fee / Prepayment Charges on Personal Loan Contai

Every Bank and NBFC charges two kinds of fees from its customers. The first is a fee for processing your Personal Loan application. These charges are 1% of the sanctioned loan amount.

If a borrower chooses to foreclose their loan before the agreed tenure, banks charge a penal fee as prepayment charges which the applicant shall pay without fail. Depending on how many years the loan has been done the charges differ. 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 Contai EMI Calculator

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

Get to know more about EMI Calculator: Personal Loan EMI Calculator

CIBIL Score required for Personal Loan Contai

Different banks have their own criteria for the minimum CIBIL score required for processing a Personal Loan application in Delhi. Most institutions require a minimum score of 750 for further processing of your loan application.

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

Personal Loan Contai Agents

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

Personal Loan Contai Contact Number

Call 9878981166 and get Instant Personal Loan in Contai.

Pre Calculated EMI Table for Personal Loan Contai

About Contai

Contai is a city and a municipality in Purba Medinipur district, West Bengal, India. It is the headquarters of the Contai subdivision. According to the geologists, the present geographical dimension of Contai has formally come into existence, with the great natural disaster of the third century AD (flood) which created Chilka lake out of the Chilka Bay. Kanthi, that is Contai, means “Sand-bound reefs” or sand walls.

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