Best Banks for Personal Loan in Muzaffarpur
1% - 2.5% of the Loan Amt
Personal Loan in Muzaffarpur Features
Are you running short on cash? Do not worry Personal Loan is available for you. This loan is unsecured in nature with minimal documentation and less paperwork. It takes 48 hours after the verification process for the loan to be approved.
Personal Loan Muzaffarpur is an unsecured form of loan that provides financial aid at affordable interest rates. To be eligible for a Personal Loan, the applicants need to have a stable source of income along with a good credit history.
Personal Loan Muzaffarpur Interest Rates
To check Personal Loan Interest Rate for all major banks you can visit: Personal Loan Interest Rates
Bank
Processing Fee
HDFC Bank Personal Loan
0.25% to 1.50%
Axis Bank Personal Loan
0.50% to 1.50%
Nil
Private Bank Personal Loan
0.25% to 1.50%
SBI Personal Loan
500/- to 0.50%
Nil
Kotak Personal Loan
1% to 2%
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
Personal Loan in Muzaffarpur Documents Required
Essential documents required for availing Personal Loan Muzaffarpur:
Salaried Customers:
- Identity proof (Aadhar card/driving license)
- Salary slips of last three months
- Aadhar Card/ PAN Card/ Voter ID/ Passport
- Residence Proof (Owned/Rented/Company provided)
- Bank statements for the last 6 months
- Passport-sized photographs – 2
Self-Employed Customers:
- All financials are required (Balance Sheet, P&L Statement as well as Tax Return files)
- Aadhar Card/ PAN Card/ Voter ID/ Passport
- Residence Proof
- Two passport-sized photographs
PERSONAL LOAN
Interest Rate 9.99%
Personal Loan in Muzaffarpur Eligibility Criteria
The personal loan eligibility criteria for salaried, as well as self-employed individuals are as follows:
Salaried Applicants
- The minimum age of eligibility is 21 years and a maximum of up to 60 years.
- Work experience of three years. The job location should be mentioned.
- A borrower should have a minimum income of INR 25,000 per month
- The applicants must have an excellent credit history
Self-Employed Applicants
- The minimum age requirement for an independent person should be 25 years.
- If the applicants are the businessman, then the business should be running from the past 3 years.
- The credit score of the individual applicants should be good there should not be any debt or dues left.
- The applicants applying for the personal loan should file ITR for the last 3 years.
- The annual income of the applicants should be a minimum of Rs 2.5 lakh.
- The applicants have to submit their financial and his bank statement for the previous 3 months.
Why Apply for Personal Loan Muzaffarpur?
- There is no need to deposit any mortgage and collateral security to the bank.
- A Personal Loan does not require any guarantor or nominee.
- A personal loan is a multi-purpose offer loan.
- The amount of personal loan depends upon the repayment of individual income and capacity.
How to apply for Personal Loan Muzaffarpur?
- Visit dialabank
- Navigate to the loan section and click on the personal loan online link.
- You will be directed to all details of the personal loan where you can choose your preferred city.
- For more information and free guidance, you may call on 9878981166.
PERSONAL LOAN
Interest Rate 9.99%
Processing Fee / Prepayment Charges on Personal Loan Muzaffarpur
Every Bank and NBFC charges a fee for processing your Personal Loan application. The charges vary between 1% of the loan amount.
In case the applicant wishes to foreclose the loan before the agreed loan tenure, every bank and lending institution charges a penal prepayment fee. In most cases, the applicant 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 Muzaffarpur EMI Calculator
Equated Monthly Installments also know as EMI are the monthly fixed charges that 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 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 Muzaffarpur
Every lending institution has its own set of criteria for the minimum CIBIL score required for processing a Personal Loan application in Muzaffarpur. Most institutions demand a minimum score of 750 to process your loan application.
The institutions don’t just look at the overall score but also 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
Interest Rate 9.99%
Personal Loan Muzaffarpur Agents
Dialabank is the leading agent for availing Personal Loan in Muzaffarpur. You can apply online at dialabank or give a call at 9878981166
Personal Loan Muzaffarpur Contact Number
Call 9878981166 and get instant help and approval for a Personal Loan in Muzaffarpur.
Pre Calculated EMI Table for Personal Loan Muzaffarpur
About Muzaffarpur
It is a town in the district of Muzaffarpur, in the Tirhut area of Bihar, India. It serves as Tirhut area headquarters, Muzaffarpur district, and Muzaffarpur Railway district this is Bihar’s fourth-largest city.
