Major Personal Loan Providers in Hubli
Feature
HDFC Bank
Private Bank
Bajaj Finance
Interest Rate
10.75% - 17%
11.25% - 18.5%
0.12
Min Loan Amt
Metro : 75000 & Non Metro: 50000
50000
100000
Max Loan Amt
50 Lacs
50 Lacs
1 Cr
Loan Tenure
1 - 5 Years
1 - 5 Years
1 - 5 Years
Processing Fee
0.25% - 2% of the Loan Amt
1% - 2.5% of the Loan Amt
Preclosure Charges
2%, Nil foreclosure charges after 12 months
2%, Nil foreclosure charges after 24 months
Nil
Overdraft Facility
No
No
Yes
Personal Loan Hubli Features
Running short out of cash? Do not worry Personal Loan is available for you.
Personal loan is unsecured in nature with minimal documentation and less paperwork. This loan can get approved within 48 hours after the verification process.
Personal Loan Hubli is an unsecured loan that provides financial aid to the customers at affordable interest rates. To get a Personal Loan, the applicant needs to have a rigid and good source of income and has a good credit history.
Furthermore, there is no end-use restriction on the use of the personal loan amount. You can use this loan amount anywhere you want to do.
Personal Loan Hubli Interest Rates
To check Personal Loan Interest Rate for all major banks you can visit: Personal Loan Interest Rates
Bank
Processing Fee
HDFC Bank Personal Loan
0.25% to 1.50%
Axis Bank Personal Loan
0.50% to 1.50%
Nil
Private Bank Personal Loan
0.25% to 1.50%
SBI Personal Loan
500/- to 0.50%
Nil
Kotak Personal Loan
1% to 2%
IIFL Personal Loan
Nil
Nil
Muthoot Personal Loan
Nil
Nil
Manappauram Personal Loan
Nil
Nil
PNB Personal Loan
0.70% to 1%
Nil
Canara Bank Personal Loan
0.01
Nil
Andhra Bank Personal Loan
Nil
Nil
Documents for Personal Loan Hubli
Self-Employed Customers:
- All financials are required (Balance Sheet, P&L Statement as well as ITR files)
- PAN Card
- Aadhar Card
- Residence Proof (Utility bills)
- Two passport-sized photographs
Salaried Customers:
- Identity proof (Aadhar Card/Driving License/ Voter ID)
- Salary slips of last 3 months
- Bank statements for the last 6 months
- PAN Card
- Residence Proof (Owned/Rented/Company provided)
- Two Passport-sized photographs
*NOTE: In case of rented apartments, rent agreement needs to be attached.
PERSONAL LOAN
Interest Rate 9.99%
Eligibility Criteria for Personal Loan Hubli
The personal loan eligibility criteria for both Salaried and Self-Employed are different:
Salaried Applicants
- The minimum age requirements for applying for personal loan should be 21 years and maximum up to 60 years.
- The applicants must have an excellent credit history.
- The applicants must have the work experience of the three years. And the salary should be received in their accounts only.
- A borrower should have a minimum income of INR 25,000 per month.
- The job location of the applicant should be mentioned in the loan document.
Click here to know more about- Salaried Applicant
Self-Employed Applicants
- The minimum age requirement for applying for a personal loan should be 25 years.
- The applicants applying for the personal loan should file ITR for the last three years.
- The annual income of the applicants should be a minimum of Rs 2.5 lakh.
- If the applicants are the businessman, then the business should be running from the past three years.
- The credit score of the individual applicants should be good there should not be any debt or dues left.
- Applicants have to submit his financial and his bank statement for the previous three months.
Click here to know more – Self-employed Applicant
Why Apply for Personal Loan Hubli?
- Need to deposit any mortgage and collateral security to the bank doesn’t exist.
- A personal loan is a multi-purpose offer loan.
- The amount of personal loan depends upon the repayment of individual income and capacity.
- A Personal Loan does not require any guarantor or nominee.
How to apply for Personal Loan Hubli?
- Visit www.dialabank.com.
- Go to the loan section on the website and click on the personal loan link.
- Choose their preferred city.
- For more information and free guidance, you may call on 9878981166.
PERSONAL LOAN
Interest Rate 9.99%
Processing Fee / Prepayment Charges on Personal Loan Hubli
Every Bank and NBFC charges a fee for processing your Personal Loan application. These charges vary between 1.5% to 2.5% of the sanctioned 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 Hubli 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 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. You can use personal loan EMI calculator to calculate your EMIs.
CIBIL Score required for Personal Loan Hubli
Every lending institution has its own criteria for the minimum CIBIL score required for processing a Personal Loan application in Hubli. 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
Interest Rate 9.99%
Personal Loan Hubli Agents
Dialabank is the leading agent for availing Personal Loan in Hubli. You can apply online at www.dialabank.com 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 www.dialabank.com and fill a simple form with your personal and employment details. Our customer relationship managers will soon get in touch with you.
Personal Loan Hubli Contact Number
Call 9878981166 and get instant help and approval for Personal Loan in Hubli.
Pre Calculated EMI Table for Personal Loan Hubli
About Hubli
Hubli, also called Hubballi, is a city in the southern state of India, Karnataka. The Nrupatunga Betta hill is located in this district. Dedicated to Lord Shiva, the centuries-old Chandramouleshwara Temple of the Hubli has black granite pillars and ornate carvings. Gardens surrounding the Unkal Lake features a statue of monk Swami Vivekananda in its center. South of the city, Utsav Rock Garden is home to sculptures depicting local folk culture.
FAQs About Personal Loan Hubli
Who can apply for a Personal Loan in Hubli?
People who have an urgent need for cash and have a regular source of income (from employment or business) can apply for a Personal Loan in Hubli.
What is the tenure of Personal Loan in Hubli?
Most of the Banks and NBFCs provide a Personal Loan for a min period of 1 Yr and a Max period of 5 Years. There are some Banks which extend the maximum period to 7 Years also. The tenure is fixed and cannot be extended. The repayment has to be done in equal monthly instalments within the agreed tenure of the loan.
Are there any other charges involved in Personal Loan Hubli?
Yes, there are 2 types of charges that one needs to pay in order to avail a personal loan in Hubli:
Processing Fee: For every bank or lending institution that you borrow from, there is a small fee that they charge from the customer. This is known as Processing Fee. The amount of processing fee varies for each lending institution and is normally between 1% and 2.5% of the loan amount.
Pre-closure Charges: Whenever you want to close a running loan before its agreed tenure period, the Banks and NBFCs charge an extra amount known as pre-closure charges on the borrowed loan amount. Different banks have different pre-closure charges. The pre-closure charges vary depending on how many years has your loan completed before you decide to pre-close it.
Can my application for Personal Loan Hubli get rejected due to my CIBIL score?
Since Personal Loan is an unsecured loan, one of the most important decision criteria for getting your Personal Loan application approved is your CIBIL Score. Having a High CIBIL score becomes extremely important if you wish to avail of a Personal Loan in the future. Make sure you don’t skip any of your loan EMI payments or any credit card payments as that will result in decreasing your CIBIL score. Most of the Personal Loan rejections happen due to a low CIBIL Score.
Other Cities For Personal Loan In Karnataka
| Personal Loan Raichur | Personal Loan Mudhol |
| Personal Loan Nelamangala | Personal Loan Mangalore |
| Personal Loan Nanjangud | Personal Loan Malur |
| Personal Loan Mysore | Personal Loan Malavalli |
