Personal Loan Giridih

All about Personal Loan Giridih

To overcome any financial issue, a personal loan is a very convenient solution available to everyone. A person can get into an emergency at any point in time and to get through that, they can take a loan from and lending institutions. The personal loan is an unsecured loan for the banker, and a nominal interest rate is to be paid by the applicant.

What is a Personal Loan?

A personal loan is a loan that doesn’t need any collateral as a security and is available at a low-interest rate. To avail a personal loan, the credit score of a customer should be good. Furthermore, there is no end-use restriction on the use of the personal loan amount. You can use this loan amount in any way.

Why apply for a Personal Loan Giridih?

1. No collateral or any property needs to be put to the banker.
2. Personal Loan can be used almost all the financial problems of life. So it is a multi-purpose offer.
3. The amount of loan depends upon the repayment capability and income of the person.
4. The guarantor is not required for Personal Loan Giridih, at max just a reference.

 Eligibility Criteria for Personal Loan Giridih

Personal Loan has some eligibility criteria based on which bank approves the applicant loan request. There are two categories of applicants:

1. Salaried
2. Self-employed

There are various Personal Loan eligibility criteria for both applicants.

Read more about– What is CIBIL Score?

Salaried Applicant:

1. The required minimum age of an applicant should be 21 years and a maximum of up to 60 years.
2. A borrower from the metropolitan city should have a minimum income of Rs 18,000. And for the non-metropolitan cities, the minimum salary should be Rs 12,000.
3. The borrower must have three years of work experience, and the salary should be received in their account only.
4. A person applying for the Personal Loan must have a good credit history.
5. The Job location of the applicant.

Self-employed Applicant:

1. The age requirement of a self-employed person should be 25 years.
2. The person applying for a Personal Loan should file ITR for the last three years.
3. And if the applicant is running a business than his business should be running at least from last three years
4. A credit score of the applicant must be good, and there should not be any debt left due.
5. The minimum amount should be Rs 2.5 lakhs per annum at least.
6. The whole documentation process is straightforward; the applicant has to submit his financials and his bank statement of the previous three months.

Know more: Personal Loan EMI Calculator

 Documents for Personal Loan Giridih

1. Residence proof: The documents required as proof of residence are:  (Passport/Id card/voter card/driving license/Ration Card/Aadhar Card).  And the applicant living in a rented apartment, then he has to submit his rental agreement, electricity bill on his name and the address of the owner.
2. Self-employed: The person applying for a personal loan should file ITR for the last three years, and the business should be registered.
3. Salaried applicant: The applicant has to submit his bank statements of the last six months and the salary slip of the last three months.
4. Identity proof: As a verification document, one should especially require one among the following:  (Passport/Id card/voter card/driving license/Aadhar Card) any one of them.
5. Under, KYC formality: The applicant has to provide his PAN card which is an important document.
6. Two colored passport size photos. (Applicant should not be wearing glasses)

 Interest Rates on Personal Loan Giridih

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

Personal Loan Giridih Tenure

1. The tenure of the Personal Loan is from 1 year to 5 years.

Features of the Personal Loan Giridih

1. Income and repayment capability of the person plays an important role in personal loan.
2. Personal Loan Giridih is a multi-purpose offer one can apply for almost all financial problems of life.
3. No property needs to be put as collateral to the lender.
4. A guarantor is not needed for Personal Loan Giridih.

There are some criteria that are required to follow like salary, residence, CIBIL score, etc. There is no need for depositing any security or mortgage. Every bank has its own loan criteria. Some go for high salary customers, and some mainly focus on the previous repayment capabilities.

Why your decision of choosing Dialabank is the right decision?

1. Dialabank does not charge any extra fees from its customers.
2. We provide our services 24/7 and are always ready to help our applicants.
3. We quickly pick-up the documents start the whole process of sanctioning loans
4. The approval of personal loan does not take time if you applied through dialabank. The loan gets disbursed within 24 hours.
5. We provide you assistance from the experts, and our relationship managers will guide you throughout this process.

How to apply for Personal Loan Giridih?

1. Visit www.dialabank.com.
2. Go to the loan section and select a 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, they may call on 9878981166.

About Giridih

Giridih is a place in Jharkhand, India. Even at this place, it is a very easy and effortless process to take a personal loan, when you will apply through Dialabank. In personal loans, there is no need to mortgage any property as it is a secured loan. so it is very beneficial for an individual to take a personal loan, all you have to do is to visit www.dialabank.com or call on 9878981166.