Personal Loan Dindigul

Best Banks for Personal Loan in Dindigul

Personal Loan in Dindigul Features

Are you looking for a personal loan? looking to clear debts? Just clear all those. If you need some funds to accomplish varied personal purposes, then you can avail of a Personal Loan Dindigul. This loan is designed for the people who want to acquire funds but do not have anything to pledge as collateral with the lender.

Personal Loan Dindigul is an unsecured loan which provides financial aid to the customers at very affordable interest rates. To avail of a Personal Loan, applicants need to have a stable and good source of income and also good credit history.

Adding to it, there is no fixed restriction on the use of the amount of a personal loan. You can easily use this loan amount anywhere you want to do.

Personal Loan in Dindigul Interest Rates and Charges 

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

Personal Loan in Dindigul 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 case of rented apartments, 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 is necessary.
3. Aadhar Card is necessary.
4. Residence Proof is necessary.
5. Two passport-sized photographs

Personal Loan in Dindigul Eligibility Criteria

The personal loan eligibility criteria for both 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 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

Click here to know more about- 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 should file ITR for the last three years.
3. If the applicants are the businessman, then the business should be running from the past three years.
4. The credit score of the individual applicants should be good .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 is the applicants have to submit his financial and his bank statement of the previous three months.

Click here to know more – Self-employed Applicant

Why Apply for Personal Loan Dindigul?

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 Dindigul?

1. Visit Dialabank.
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 Dindigul

In case you wish to foreclose your loan before the agreed loan tenure, every lending institution charges you a penal prepayment fee. These charges are 1% of the loan amount.

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 Dindigul EMI Calculator

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 using personal loan EMI calculator 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.

CIBIL Score required for Personal Loan Dindigul

Every lending institution has its own criteria for the minimum CIBIL score required for processing a Personal Loan Dindigul 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 behaviour 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 Dindigul Agents

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

Dialabank helps you to find the best option of Banks and NBFCs by providing you with a detailed market comparison of different banks so that you can make the right choice. Visit our website Dialabank and fill a simple form with your personal and employment details. Our customer relationship managers will soon get in touch with you.

Personal Loan Dindigul Contact Number

To get instant help and approval for Personal Loan in Dindigul, Call 9878981166.

Pre Calculated EMI Table for Personal Loan Dindigul

About Dindigul

Dindigul is a city in the Indian state of Tamil Nadu. It is primarily known as the City of Locks, Briyani City, and Textiles, and Tannery. The name of the city comes from a portmanteau of “Thindu” means pillow and “Kal” means rock and refers to the bare hill located near the city.

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