Personal Loan Munger

Best Banks for Personal Loan in Munger

Personal Loan in Munger Features

Personal Loan Munger will solve any monetary issues of your life and makes an Individual Financially Independent.

Some of the benefits of Personal Loan Munger are:

1. Stress-free availing of loans.
2. Minimum documentation for availing Loan is required.

Personal Loan in Munger Interest Rates and Charges

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

Personal Loan in Munger Documents Required

Salaried Customers:

1. Identity proof (Aadhar card/driving license)
2. Salary slips of last three months
3. Bank statements for the last 6 months
4. PAN Card
5. Residence Proof (Owned/Rented/Company provided)
6. Passport-sized photographs – 2

*NOTE: In the case of rented apartments, a rent agreement needs to be attached.

Self-Employed Customers:

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

Personal Loan in Munger Eligibility Criteria

Personal Loan Eligibility criteria for both Salaried and Self-Employed are different:

Salaried Applicants

1. Minimum age: 21 years
2. Maximum age: 60 years.
3. The applicants shall have work experience of at least three years.
4. They shall be receiving their salary in a bank account.
5. The applicants shall have a good credit history and CIBIL score.

To know more about: Personal Loan for Salaried Applicant

Self-Employed Applicants

1. Minimum age: 25 years.
2. Maximum age: 65 years.
3. The applicant shall be filing ITR for the last three years.
4. If the applicant is a businessman, then the business should at least be running for the past three years.
5. The credit score of the individual applicant should be good.
6. There shall not be any pending debt or dues.
7. The annual income of the applicant should be a minimum of Rs 2.5 lakh.

To know more about: Personal Loan for Self-employed Applicant

Why Apply for Personal Loan Munger?

1. The Loan amount depends upon the income and repayment capability of the applicant.
2. No cosigner is needed for Personal Loan Munger.
3. A personal Loan does not require any guarantor or nominee.

How to apply for Personal Loan Munger?

To apply for an Instant Personal Loan Munger, Applicants don’t need to visit the bank’s branch as applicants can apply for it online at DialaBank.com. The process is very easy & handy. This involves only a few steps:

• Visit Dialabank
• Fill in your details in the personal loan form.
• Our relationship manager will call you and assist you through the entire process.
• For more information, call at 9878981166.

Processing Fee / Prepayment Charges on Personal Loan Munger

Every Bank and NBFC charges two kinds of fees from its customers. The first is a fee for processing your Personal Loan application. The processing fee for getting a personal loan in Munger is 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 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 Munger EMI Calculator

The Personal Loan EMI Calculator can be used to know your EMI value on your loan amount. Equated Monthly Installments also know as EMI are the monthly charges that you pay to the bank as monthly repayment for the loan amount borrowed. Based on your profile, income, loan amount, and tenure, the interest rate on your loan is determined. Your EMI is calculated basis the Interest Rate you are charged by the bank which is required to be paid every month.

CIBIL Score required for Personal Loan Munger

Every lending institution has its own criteria for the minimum CIBIL score required for processing a Personal Loan application in Munger.

1. Most institutions require a minimum score of 750 to process your loan application.
2. 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 in Munger Agent and Contact Number

DialaBank is the best Loan Agent present in Munger. Just visit the website to get a Loan.

Call 9878981166 and get instant help and approval for Instant Personal Loan in Munger.

Pre Calculated EMI Table for Personal Loan Munger

About Munger

Munger is a twin city and a Municipal Corporation situated in the Indian state of Bihar. It is the administrative headquarters of the Munger district and Munger Division.