Personal Loan Kolkata

⋆ Interest Rate 9.99% ⋆

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        Rates as low as 9.99%*
        Loans Up to 30 Lacs
        Same Day Disbursal
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        Personal Loan Kolkata

        Best Banks for Personal Loan in Kolkata

        Feature
        HDFC Bank
        Private Bank
        Bajaj Finance
        Interest Rate
        10.75% - 17%
        11.25% - 18.5%
        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

        0.5% - 2% 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 Kolkata Features

        Personal Loan Details
        Interest Rate
        10.75% to 24% p.a.
        Processing Fees 0.5-2.5%
        Loan Tenure
        1 year to 5 years
        Pre-closure Charges 2% - 5%
        Guarantor Requirement
        No guarantor required

        Are you running short on cash? Do not worry. A personal loan is available for you. This loan is unsecured with minimal documentation and less paperwork. This loan can get approved within 48 hours after the verification process.

        Personal Loan Kolkata is an unsecured loan that provides financial aid to customers at affordable interest rates. To get a Personal Loan, the applicant needs to have a rigid and good income source and has a good credit history.

        Furthermore, there is no end-use restriction on the use of the personal loan amount. Therefore, you can use this loan amount anywhere you want to do.

        Personal Loan Kolkata Interest Rates – Jun 18 2024

        The interest rates in a Personal Loan depend on the company’s profile and a person’s salary. The interest rate of personal Loan starts @10.75% per annum.

        Name of the Bank Interest Rate Range Processing Fee Range Loan Amount Tenure
        Private Bank 11.59% - 18.49% (Fixed) 2.25% (min. Rs.1149) One time fee Rs.20 lakh (Max) 1-5 Years
        CitiBank 10.99% - 15.99% (Fixed) 1% to 2.5% Rs.30 lakh (Max) 1-5 Years
        Kotak Mahindra Bank 10.99% to 24% p.a. Up to 2.5% of the loan amount along with GST or service tax Rs.50,000 to Rs.15 lakh 1 to 5 Years
        Fullerton India 11.99% to 23.99 p.a. Information not provided. Up to Rs.20 lakh for salaried and up to Rs.30 lakh for self-employed individuals 1 to 4 Years
        Bank of Baroda 11.35% - 14.35%Fixed Rs.1,000 to Rs.10,000 (One time fee) Rs.20,000 - Rs.2 lakh 4 Years (Max)
        State Bank of India 12.90% - 14.90% (Fixed) 1% (One time fee) Rs.24,000 - 15 lakh 5 Years
        Aditya Birla 11.5% - 13.25% (Fixed) Nil Rs.30 lakh (Max) 1-5 Years
        Allahabad Bank Information not provided 1.06% of loan amount Information not provided. 1 to 5 Years
        Yes Bank 14% p.a. Up to 2% (One-time fee) Rs.2 lakh to Rs.20 lakh 1 to 5 Years
        Corporation Bank 12.75% to 13.75% p.a. Up to 1.5% Minimum amount of Rs.500 Up to Rs.3.50 lakh Up to 5 Years

        Get low-interest rates

        PERSONAL LOAN

        Interest Rate 9.99%

        +91

        Personal Loan Kolkata Fees & Charges – Jun 18 2024

        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

        Documents required for Personal Loan in Kolkata

        List of Documents Required for Salaried Applicants

        Salaried individuals must submit the following documents in addition to a completed personal loan application form:

        Photo Identity Proof (Any one) Passport
        PAN Card
        Voter’s ID
        Aadhar Card
        Driving License
        Address Proof (Any one)
        Passport
        Utility Bill (telephone, electricity, water, gas) – less than 2 months old
        Aadhaar Card
        Driving License
        Ration Card
        Income Proof
        Salary slips (Last 3 months)
        Bank statements for the last 3 to 6 months (showing salary credit)
        Tax Paid (Any one
        IT returns (for 2 years)
        Form 16
        Residence Ownership Proof (Any one)
        Property documents
        Maintenance bill
        Electricity bill
        Proof of Job Continuity (Any one)
        Current employment certificate
        Current job appointment letter (if more than 2 years have been spent in the same organisation)
        Experience certificate (previous employer’s relieving or appointment letter along with job certificate)
        Proof of Investment (if any)
        Fixed assets, fixed deposit, shares, etc.
        Existing Loans (if any)
        Payment Track Record & Sanction letter
        Photograph
        One coloured passport size photograph

         

        List of Documents Required for Self-employed Applicants

        Self-employed personal loan applicants must submit the following documents in addition to a fully completed loan application form:

        Photo Identity Proof (Any one) Passport
        PAN Card
        Voter’s ID
        Aadhaar Card
        Driving License
        Address Proof (Any one)
        Passport
        Aadhaar Card
        Driving License
        Utility Bill (telephone, water, electricity, gas) – less than 2 months old
        Ration Card
        Proof of Residence Ownership (Any one)
        Property documents
        Maintenance bill
        Electricity bill
        Proof of Office Address and Ownership (Any one)
        Maintenance bill
        Property documents
        Electricity bill
        Proof of Business Existence (Any one)
        Copy of GST registration
        Company registration license
        Shop establishment proof
        Income Proof
        Last 2 years Income tax returns of the applicant along with computation of income duly attested by a Chartered Accountant
        Audited balance sheet and Profit & Loss accounts, including tax audit report, if applicable
        Bank statement
        Savings/current account bank statement/ bank passbook for the past one year
        Proof of Investment (in case any)
        Investments such as fixed deposit, fixed assets, shares, etc.
        Existing Loans (in case any)
        Payment Track Record and sanction letter
        Professional Degree Certificate
        In case of professionals
        Photograph
        One coloured passport size photograph

         

        List of Documents Required for NRI Applicants

        When applying for a personal loan, NRI candidates are typically required to submit the following documents:

        Identity Proof Copy of the passport
        Copy of the visa
        Employment Proof Letter of Appointment
        Job contract
        Labour/ Identity card (if applicable)
        Official email ID or the HR’s email ID
        Income Proof Last 6 months’ bank statements
        Last 6 months’ salary slips or salary certificate
        Photograph Passport size photographs

         

        List of Documents Required for Pensioners

        When applying for a personal loan, a pensioner must submit the following documents:

        Identity/Age Proof (Any one)
        Ration card
        Passport
        PAN card
        Aadhar card
        Voter ID card
        Driving licence
        Birth certificate
        School leaving certificate
        Address Proof (Any one) Passport
        Aadhaar card
        Utility bills
        Ration card
        Driving licence
        Income Proof (Any one)
        Last 6 months’ bank statements/salary slips
        Bank passbook
        Form 16
        Copy of pension payment order
        Income tax returns
        Photographs
        Passport size photographs

         

        Know More About: Personal Loan Eligibility Criteria

        PERSONAL LOAN

        Interest Rate 9.99%

        +91

        Personal Loan in Kolkata Eligibility Criteria

        The personal loan eligibility criteria for both Salaried and Self-Employed are different:

        Particulars Salaried Self-Employed
        Age 21 - 60 years 21 - 65 years
        Minimum Income Rs.15,000* Rs.5 Lakh p.a.
        Co-applicant Not mandatory Not mandatory
        Loan Tenure 12 – 60 months 12 – 60 months
        Maximum Loan Amount Rs.40 Lakh Rs.40 Lakh
        Employment Type Employees of private limited companies and public sector undertakings
        Self-employed individuals
        Employment/Business Continuity At least 2 years; minimum 1 year with current employer
        4 years Post Qualification experience for Doctors/ Chartered Accountants.
        5 years Post Qualification experience for Company Secretary / Architect.
        CIBIL Score 750 and above 750 and above
        Residential Status
        Resident Indian staying in own house or a rented house

         

        *In cities such as Kochi, Kolkata, Ahmedabad, Pune, Hyderabad, Mumbai, Chennai, Bengaluru, and Delhi the net monthly income required is Rs.20,000

        Click here to know more about - Salaried Applicant
        Click here to know more about - Self-employed Applicant

        *Note: The eligibility criteria vary from lender to lender.

        Check Personal Loan Eligibility with Top Lenders in 2021

        Bank Age Limit Minimum Work Experience
        Minimum Income (Per Month)
        SBI Up to 76 years NA** Rs.15,000
        HDFC 21 to 60 years 2 years Rs. 20,000
        Private 23 to 58 years 2 to 5 years Rs.17,500
        Axis 21 to 60 years NA** Rs.15,000
        Kotak Mahindra 22 to 55 years 1 year Rs.25,000
        Tata Capital 21 to 58 years 1 year Rs.15,000
        IndusInd 21 to 60 years 2 to 5 years Rs.25,000
        Ujjivan Small Finance 22 to 58 years NA**
        Above the minimum wage limit
        India Infoline Finance Limited 25 to 60 years 6 months to 2 years Rs.35,000
        HDBFS 21 to 65 years 1 year to 3 years
        Rs.15,000 for salaried
        Rs.1 lakh p.a. for self-employed
        Indian Overseas Bank Up to 58 years NA* Rs.5,000
        IDFC First Bank 23 to 68 years 3 years NA*
        Federal Bank 21 - 55 Years 3 years Rs.25,000
        Punjab National Bank 21 – 58 years 2 years for doctors Rs.15,000
        Andhra Bank 21 - 55 years NA** NA*
        Canara Bank NA** NA**
        Salaried: Rs.6,000 & above
        Self-employed - Rs. 1.5 lakh
        IDBI Bank Up to 75 years for Pensioners NA** Rs.1.5 lakh p.a.
        Fullerton India 21 to 55 years 1 to 2 years Rs.15,000
        RBL Bank 25 to 60 years 1 to 3 years Rs.25,000
        Bank of Baroda 21 to 60 years 1 year to 2 years
        60% of gross monthly income
        Deutsche Bank 25 to 60 years NA** Rs.25,000
        Karnataka Bank NA** 3 years NA*
        United Bank of India up to 75 Years 2 years NA*
        UCO Bank 21 to 65 years 1 year to 5 years Rs.20,000

         

        *Personal loan disbursal is solely at the bank’s discretion and as per the bank’s terms and conditions

        Learn More about Personal Loan: Click Here

        PERSONAL LOAN

        Interest Rate 9.99%

        +91

        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 work experience of 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- 

        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 individual applicants’ credit score 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 bank statements of the previous three months.

        Click here to know more – Self-employed Applicantpersonal loan kolkata

        Why Apply for Personal Loan Kolkata?

        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 a personal loan depends upon the repayment of individual income and capacity.
        4. Personal Loan does not require any guarantor or nominee.

        How to apply for Personal Loan Kolkata?

        1. Visit Dialabank.
        2. Go to the loan section and click on the personal loan link.
        3. The applicant will be directed to all personal loan details where they can choose their preferred city.
        4. For more information and free guidance, you may call on 9878981166.

        PERSONAL LOAN

        Interest Rate 9.99%

        +91

        Processing Fee / Prepayment Charges on Personal Loan Kolkata

        Every Bank and NBFC charges a fee for processing your Personal Loan application. These charges are 1% of the sanctioned loan amount.

        If 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 been done. These charges vary from 4% of the outstanding loan amount in the 2nd year to 2% in the loan’s 4th year.

        Personal Loan EMI Calculator Kolkata

        You can use a personal loan EMI calculator to calculate EMIs. Equated Monthly Installments, also known as EMI, are the monthly fixed charges 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 personal loan 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 Kolkata

        Every lending institution has criteria for the minimum CIBIL score required for processing a Personal Loan application in Kolkata. However, most institutions require a minimum score of 750 to process your loan application.

        The institutions don’t just look at the overall score and the detailed behaviour on the previous loans. 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 of a fresh loan.

        PERSONAL LOAN

        Interest Rate 9.99%

        +91

        Personal Loan Kolkata Agents/Broker

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

        Dialabank helps you find the best option for Banks and NBFCs by providing you with a detailed market comparison of different banks to 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 Kolkata Contact Number

        Call 9878981166 and get instant help and approval for a Personal Loan in Kolkata.

        Pre Calculated EMI Table for Personal Loan Kolkata

        Rate
        5 Yrs
        4 Yrs
        3 Yrs
        10.50%
        2149
        2560
        3250
        11.00%
        2174
        2584
        3273
        11.50%
        2199
        2608
        3297
        12.00%
        2224
        2633
        3321
        12.50%
        2249
        2658
        3345
        13.00%
        2275
        2682
        3369
        13.50%
        2300
        2707
        3393
        14.00%
        2326
        2732
        3417
        14.50%
        2352
        2757
        3442
        15.00%
        2378
        2783
        3466

        About Kolkata

        Kolkata, also known as Calcutta, is the capital of the Indian state of West Bengal. According to the 2011 Indian census, it is the seventh most populous city in India; it had a population of 4.5 million. The suburb population brought 14.1 million, making it the third-most populous metropolitan area in India.

        FAQs About Personal Loan Kolkata

        Who can apply for a Personal Loan in Kolkata?

        People who urgently need cash and have a regular income source (from employment or business) can apply for a Personal Loan in Kolkata.

        What is the tenure of a Personal Loan in Kolkata?

        Most banks and NBFCs provide a Personal Loan for a min period of 1 Yr and a Max period of 5 Years. Some Banks 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 Kolkata?

        Yes, there are two types of charges that one needs to pay to avail of a personal loan in Kolkata:

        Processing Fee: Every bank or lending institution you borrow from charges a small fee from the customer, also known as Processing Fee. The processing fee varies for each lending institution and usually is 1% of the loan amount.

        Pre-closure Charges: If you want to close a loan before its agreed tenure period, the Banks and NBFCs charge an amount known as pre-closure charges on the borrowed loan. Different banks have different pre-closure charges. The pre-closure charges can vary depending on how many years your loan has been completed before you decide to pre-close it.

        Can my application for Personal Loan Kolkata get rejected due to my CIBIL score?

        Since a 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 credit card payments to decrease your CIBIL score. Most of the Personal Loan applications got rejected due to a low CIBIL Score.