Personal Loan Gangtok

Best Banks for Personal Loan in Gangtok

Personal Loan in Gangtok Features

Personal Loan is an unsecured loan that provides financial aid and assistance to the customers at affordable interest rates. There are various loans offered in the market, but all these require some assets to pledge as security with the lender.

A Personal Loan Gangtok is the only scheme that provides monetary support to people without demanding any commodity. The loan amount derived can be utilized for any purpose. There stands no end-use restriction on the use of the personal loan amount. You can use this loan amount anywhere you wish to do.

Personal Loan is solely based upon the candidate’s income and repayment capability and requires minimal documentation as compared to the other loan schemes in the market. It is considered as a multipurpose loan that can be used for any purpose according to the requirement. There is no need to pledge any valuable commodity as collateral to borrow money.

Personal Loan in Gangtok Interest Rates and Charges 

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

Personal Loan in Gangtok Documents Required 

Documents needed to obtain a personal loan for salaried customers and self-employed ones are varied. The essential documents for both kinds of customers are:

Salaried Customers:

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

Self-Employed Customers:

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

Personal Loan in Gangtok Eligibility Criteria 

The Personal loan eligibility criteria vary for both Salaried and Self-Employed customers in Gangtok:

Salaried Applicants

1. Salary: Rs 18,000 (Monthly).
2. Minimum Age: 21 Years.
3. Maximum Age: 60 Years.
4. Work Experience: Total 3 years and 1-year experience in the ongoing job.
5. CIBIL Score must be more than 700.

Self-Employed Applicants

1. Residence: Must be having an Office or Home.
2. The business should be running for the last 3 years.
3. CIBIL Score must be more than 700.
4. Minimum Age: 25 Years.
5. Maximum Age: 65 Years.
6. Should be filing for an annual ITR of 2.5 to 3 lakh.

How to apply for Personal Loan Gangtok?

Anybody can apply for Personal Loan Gangtok online only in 2 minutes. The process of application is straightforward and quick.

1. Visit dialabank.
2. After that, apply for a Personal Loan online.
3. Fill your details like name, income, location to assist us better in providing you offers.
4. Our relationship manager will soon get back to you.
5. Dialabank is the best platform available online to apply for a personal loan in Gangtok as you will get a loan at affordable rates of interest.

You may also call on 9878981166.

Processing Fee / Prepayment Charges on Personal Loan Gangtok

Availing a personal loan incurs some kinds of charges for a personal loan in Gangtok. Every Bank and NBFC charges mainly two kinds of fees from its customers. The first is a fee for processing your Loan application. The charges vary between 1% of the sanctioned total loan amount.

The second being Pre-closure charges for a situation when you want to close your loan before your fixed tenure. In most cases, you cannot for-close your loan before the tenure of 12 months. Post that the charges also 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 and are only applicable if you do not complete your loan repayment in the fixed tenure.

Personal Loan Gangtok EMI Calculator

The  Personal loan EMI Calculator may be used every time freely to realize your EMI fee on your loan amount. Equated month-to-month Installments additionally understand as EMI are the monthly expenses that you pay to the bank as month-to-month compensation for the mortgage quantity borrowed for economic wishes. primarily based on your profile, profits, loan amount, and tenure the interest price on your mortgage is decided as a result. Your EMI is calculated foundation the interest rate you are charged via the particular bank that is required to be paid each month until completion of the tenure. EMI is straightforward to pay and does now not placed any form of a burden on you financially.

CIBIL Score required for Personal Loan Gangtok

Every lending institution has its own criteria for the minimum CIBIL score required for processing a Personal Loan application in Gangtok.

1. The institutions don’t just check the overall score but also the detailed behaviour on the previous loans taken.
2. Most institutions want a CIBIL score of 750 and above to process your loan application.
3. Some might look into other factors like income and job stability to process the personal loan.
4. This includes details on the type of loan taken previously by you and the amount borrowed. Any delayed payments for previous loans can act as a barrier to your getting a new loan.

Personal Loan Gangtok Agents

Dialabank is your best agent in Gangtok for availing any kind of loan. It helps you in comparing deals from various banks and NBFCs so that you can avail of the best offers available according to your capability and requirement. DialaBank is your best agent available for a personal loan in Gangtok. Our relationship management team ensures you get the best loan at the lowest possible interest rate with hassle-free and minimal documentation. The reason for you to choose DialaBank for a personal loan is:

1. We do not charge you for our services rendered.
2. The loan gets disbursed within a few hours of applying with us.
3. Our relationship manager guides you through the entire process of personal loans.

For any assistance or guidance kindly contact on 9878981166.

Personal Loan Gangtok Contact Number

Call9878981166 and get instant help and approval for Instant Personal Loan in Gangtok.

Pre Calculated EMI Table for Personal Loan Gangtok

About Gangtok

Gangtok is the capital and the biggest city of the Indian state of Sikkim. It is located in the eastern Himalayan range. The town’s population belongs to different ethnicities such as Indian-Nepalis, Lepchas, and Bhutia. Nestled within higher peaks of the Himalaya and enjoying a year-round mild-moderate climate, Gangtok is at the centre of Sikkim’s tourism industry.

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