About Personal Loan Karwar
Nowadays, getting a Personal Loan has become very easy as one can apply for a personal loan online or can call to our experts who will guide you through every process. Disbursement of the loan will be done after a few eligibility checks like the CIBIL score which shows the candidate’s ability to repay the loan. Personal Loan is getting preferable as compared to other ‘secured loans’ which require collateral whereas personal loan does not require any valuable asset or collateral.
What is a Personal Loan?
Personal loan can be availed by various banks and other financing institutes to the customers. Such loans always help the customer to deal with various financial crises.
A Personal Loan Karwar is a loan that can be used in multiple ways that can be utilized for fulfilling many purposes. These purposes could be debt repayment, taxes, paying medical bills, and more. Personal finance is instant finance, which a person can avail within 2-3 working days with minimal documentation required.
Personal Loan Karwar Features
1. The Loan amount depends upon the income and repayment capability of the applicant.
2. Personal Loan Karwar is a multi-purpose offer that can be used for almost all financial problems.
3. No need to put any property or asset as security to the lender
4. No need of a cosigner.
Pre Calculated EMI Table for Personal Loan Karwar
Click here for personal loan EMI calculator
Personal Loan Karwar Eligibility Criteria
Personal Loan does not apply to everyone, and there are some eligibility criteria based on which the bank provides a loan to the applicant. There are two categories of applicants:
1. Salaried
2. Self-employed
There are different personal loan eligibility criteria for both applicants.
Salaried Applicant:
1. The minimum age of the applicant should be 21 years and a maximum of up to 60 years.
2. If the borrower should have a salary of minimum Rs.18,000 per month
3. The borrower must have the work experience of the last three years, and the salary should come in their account only.
4. The person must have a good CIBIL score, i.e., at least 700+
The documentation process is straightforward; they have to submit their bank statement of the last three months and the salary slip of the previous six months.
Self-employed Applicant:
1. The self-employed person’s age should be minimum of 25 years.
2. The applicant should file ITR at least for the last three years.
3. The CIBIL of the applicant should be good, and no debt should be left due.
4. The ITR(Income tax return) in which the applicant files should be Rs 2.5 lakhs per annum at least.
5. And the applicant is a businessman than his business should be running from the last three years.
Personal Loan Karwar Documents
- Identity proof : (Passport/Id card/voter card/driving license/Aadhar Card) It can be any one of them.
- Residence proof : (Passport/voter card/driving license/Aadhar Card/Ration Card). And the applicant living in a rented house, then they have to submit their rental agreement.
- The applicant must submit their PAN card, which is an essential document under the KYC formality.
- Salaried applicants have to submit their salary slip of the last three months and the bank statements of the last six months.
- The self-employed applicant has to submit the ITR of the last three years, and registration of their business should be done.
- Two passport size colored photos. (Applicant should not be wearing glasses)
Personal Loan Karwar Apply Online
Anybody can apply for Personal Loan online only in 2 minutes. The process of application is straightforward and quick.
First of all, you should check your eligibility.
1. Visit Dialabank
2. After that, apply for a Personal Loan online.
3. Enter your contact number so that we can contact you back.
4. Dialabank is the best platform to apply for a personal loan as you will get a loan at affordable rates of interest.
Personal Loan Karwar Interest Rates: Updated
| Bank | Processing Fee |
Prepayment Charges
|
| HDFC Bank Personal Loan | 0.25% to 1.50% |
2%, Nil foreclosure charges after 3 months
|
| Axis Bank Personal Loan | 0.50% to 1.50% | Nil |
| Private Bank Personal Loan | 0.25% to 1.50% |
2%, Nil foreclosure charges after 9 months
|
| SBI Personal Loan | 500/- to 0.50% | Nil |
| Kotak Personal Loan | 1% to 2% |
2.25% of fore closure amount if closed 1 month ahead of the tenure.
|
| 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 |
To check Personal Loan Interest Rate for all major banks you can visit: Personal Loan Interest Rates
About Karwar
Karwar formerly known as Carwar is a city in the Uttara Kannada district in the Southern part of India in the state of Karnataka and is also the administrative center of the Uttara district. It lies on the west coast of Southern India at the origin of the Kali river. Its geographical location creates a natural harbor with shielding against monsoon weather. It is a port town, and also a center for manufacturing, agriculture, and tourism.
