Personal Loan Malda

Best Banks for Personal Loan in Malda

Personal Loan in Malda Features

A Personal Loan Malda is an unsecured loan granted to people for meeting various personal requirements of life. This scheme can be availed without placing any asset as security with the lender. It is an affordable deal for people who do not want to risk their valuable assets.

Personal Loan in Malda Interest Rates and Charges

Personal Loan interest rates may vary from person to person as it depends upon the salary and CIBIL score of the applicant.10.75% is the minimum rate of interest.

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

Personal Loan in Malda Documents Required

Salaried Customers:

1. Any Identity proof (Aadhar card/driving license)
2. Last 3 months’ salary slips
3. Bank statements for the past 6 months
4. PAN Card Copy.
5. Residence Proof (Owned/Rented or Company provided)
6. Passport-sized photographs X 2

*NOTE: Rent agreement needs to be attached, In case of rented apartments

Self-Employed Customers:

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

Personal Loan in Malda Eligibility Criteria

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

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- Salaried Applicant

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 Applicant

Why Apply for Personal Loan Malda?

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. A Personal Loan does not require any guarantor or nominee.

How to apply for Personal Loan Malda?

1. Visit Dialabank.
2. After selecting 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 9878981144.

Processing Fee / Prepayment Charges on Personal Loan Malda

Every Bank and NBFC charges a fee for processing your Personal Loan application. These charges vary between 1% 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 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 Malda EMI Calculator

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 using personal loan EMI calculator 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.

CIBIL Score required for Personal Loan Malda

Every lending institution has its own criteria for the minimum CIBIL score required for processing a Personal Loan application in Malda. 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 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 in Malda Agent and Contact Number

Dialabank is the leading agent for availing Personal Loan in Malda. You can apply online at Dialabank or give a call at 9878981144

Dialabank tries to help you find the best option among the Banks and NBFCs by providing you with a detailed market comparison of different banks to make the right choice. Visit our website and fill a simple form with your personal and employment details. Our customer relationship managers will soon get in touch with you.

Get instant help and approval for a Personal Loan in Malda, Call 9878981144.

Pre Calculated EMI Table for Personal Loan Malda

About Malda

Malda is a city in the Malda district of West Bengal. It is also referred to as the “Mango City”. It lies on the western bank of the Mahananda River and is the 6th largest city in the state. Malda became the first Indian city to have a women’s court.

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