Personal Loan Maraimalai

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Personal Loan Maraimalai

Running out of cash short? Do not worry; there’s a personal loan for you. With limited documents and less paperwork, this loan is unsecured. This loan could obtain approval within 48 hours of the certification process. Personal Loan Maraimalai is an unsecured loan that provides customers with financial help at affordable interest rates. The borrower wants a stable and reliable source of income to secure a Personal Loan and requires a solid financial background. However, there is no end-use limitation to the usage of the personal loan sum. You can use this sum of loan anywhere you want to. A Dialabank Personal Loan lets you fulfil your diverse financial needs; you can take advantage of loans up to Rs 20 lakh and satisfy the specific need that you rise to at any point in your life. The method of rapid clearance ensures you have an awareness of investing quickly.

Features of Personal Loan Maraimalai 

Personal loans Maraimalai has an immediate clearance mechanism, with loans being approved as early as within 24-48 hours of submitting the loan application.

1. No end-use limitation: The first and most significant advantage of personal loans is that they may be used for whatever reason, unlike a home loan. 
2. Fast disbursement: You will get a personal loan in 72 hours if you follow the qualifying conditions and you have a decent credit score. 
3. Flexibility in choosing tenure: Loan tenure is up to 7 years so you have the flexibility to choose a tenure that suits you best. A longer period means lower EMI and vice versa. 
4. Set interest rate: Personal loan is typically accessible at a fixed interest rate. Therefore the annual payments equated would stay unchanged for the entire term of the loan. 
5. Tax benefit: If you use the personal loan for construction, renovating the house, or make down payment for the home, you will use the tax deduction of up to Rs 2 lakh for the interesting portion of a financial year under Section 24B. 

Personal Loan Maraimalai Interest Rates

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

Documents Required for Personal Loan Maraimalai

Salaried Customers:

1. Identity proof such as Aadhar card/driving license.
2. Last three-month salary slips.
3. Bank statements for the last 6 months.
4. PAN Card.
5. Residence Proof (Owned/Rented/Company provided) and rental agreement in case of rented apartments.
6. 2 Passport-sized photographs of the applicant.

Self-Employed Customers:

1. All financials are required (ITR documents with Balance Sheet and P&L Statement).
2. PAN Card.
3. Aadhar Card as identity proof.
4. Residence Proof or rental agreement in case of a rented apartment.
5. Two passport-sized photographs of the applicant.

Personal Loan Maraimalai Eligibility Criteria

The eligibility criteria are specific for both salaried and self-employed workers.

Click here to know more about personal loan eligibility

Eligibility Criteria for Personal Loan Maraimalai:

Salaried Applicants

1. Minimum required age of applicant: 21 years.
   Applicant’s maximum age when the loan matures: 60 years.
2. Average jobs: Average 1 year of work and a 1-month pay allowance in the existing organisation.
3. The applicants must complete a credit history suitable for a personal loan.
4. The job location of the applicant.
5. Gross Monthly Revenue Required: $20,000 for Metro Locations & $15,000 for All Other Locations.

Click here to know more about- Salaried Applicant

Self-employed Applicants

1. Eligibility Age Criteria:
   Required Minimum age of Applicant: 22 years.
   The average age of the Candidate at loan maturity: 65 years.
2. Years of business: Minimum 4 years.
3. The ITR file for the last three years will be required.
4. The business of the applicant should be running for the past three years.
5. The CIBIL score should be up to the mark.
6. The annual income of the applicant should be at least Rs 2.5 lakh.
7. The whole personal loan reporting phase is where the borrowers have to apply their accounting records and bank accounts from the past three months.

Click here to know more – Self-employed Applicant

Why Apply for Personal Loan Maraimalai?

• Loan balance due in the same annual instalments over a period negotiated.
• Based on the form of a loan, interest may be flat or that.
• Provide set terms that specify the number, processing costs, interest, tenure, and EMI in advance.
• Personal Loan Maraimalai is a multi-purpose offer that can be used for almost all life’s financial problems, including debt consolidation.
• The Loan amount depends upon the income and repayment capability of the applicant.

How to apply for Personal Loan Maraimalai?

To apply for the best personal loan deals:

• Visit Dialabank and click on the personal loan option on the menu of the homepage.
• You will be directed to a page wherein you will have to fill in all your personal and professional details, along with your phone number.
• After you click on ‘Apply Now’ and wait for a while. You will receive mail threads from various banks and NBFCs willing to lend you a personal loan in a short period.
• Our experts will give you a call and assist you in choosing the best deal for you.
• In case of any queries, call us at 9878981166.

Processing Fee / Prepayment Charges on Personal Loan Maraimalai

The interest rates in a Personal Loan depend on the profile and salary of an individual in the business.

The base rate starts at 10.50 per cent. The extra costs refer to whatever conditions are relevant. Interest rate according to the level of credit. The following factors can affect the interest rates and the bank charges:

1. Credit / CIBIL Ranking: A robust ranking of CIBIL may be an advantage for reducing interest rates and other costs.
2. Average Loan Score: 640-700.
3. Company Profile: The well-reputed firms and staff of government agencies will profit from the variance of many of the charges.
4. Bank Consumer Relationships: Being a client before the partnership with the banks will be an advantage to reduce the costs and charges.

To know about the interest rate, click on the personal loan interest rate

Personal Loan Maraimalai EMI Calculator

You can calculate your EMI here: Personal Loan EMI Calculator

CIBIL Score required for Personal Loan Maraimalai

Every lending institution has its criteria for the minimum CIBIL score required for processing a Personal Loan application in Maraimalai. However, most institutions need a minimum score of 700 to process your application for a loan.

The institutions are not only looking at the overall score but also the complex behaviour of previous loans. It provides information about the form of loan obtained and the amount lent. Any outstanding payments for prior loans will serve as a deterrent to making a new loan open to you.

Personal Loan Maraimalai Contact Number

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

Pre Calculated EMI Table for Personal Loan Maraimalai

Click here for the personal loan EMI calculator

About Maraimalai

Maraimalai Nagar is a town in the District of Chengalpattu, near Chennai, Tamil Nadu, India. It is a municipal town in district Chengalpattu. It sits about 50 km from downtown Chennai Egmore and about 15 km from Vandalur, in the southern portion of the metropolitan city of Chennai. Maraimalar Nagar is part of the metro city of Chennai. It is a satellite town that the CMDA established in 1980. Maraimalai Nagar is host to many large factories. For example, the automotive factories Ford India and BMW are situated only a mile from Maraimalai Nagar. The Indian tech company Infosys also has an office about eight kilometres from Maraimalai Nagar.

SRM University situated in neighbouring Potheri has its primary campus. Maraimalai Nagar has had a population of 81,872 as of 2011. The neighbourhood is served by the Chennai Suburban Railway Network railway station at Maraimalai Nagar.