Major Personal Loan Providers in Nagpur
Feature
HDFC Bank
Private Bank
Bajaj Finance
Interest Rate
10.75% - 17%
11.25% - 18.5%
0.12
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
Preclosure Charges
2%, Nil foreclosure charges after 12 months
2%, Nil foreclosure charges after 24 months
Nil
Overdraft Facility
No
No
Yes
Personal Loan Nagpur 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. This loan can get approved within 48 hours after the verification process.
Personal Loan Nagpur 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 source of income and has a good credit history.
Furthermore, there is no end-use restriction on the use of the personal loan amount. You can use this loan amount anywhere you want to do.
Personal Loan Nagpur 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
Documents for Personal Loan Nagpur
Salaried Customers:
- Identity proof (Aadhar card/driving license)
- Salary slips of last three months
- Bank statements for the last 6 months
- PAN Card
- Residence Proof (Owned/Rented/Company provided)
- Passport-sized photographs – 2
*NOTE: In the case of rented apartments, a rent agreement needs to be attached.
Self-Employed Customers:
- All financials are required (Balance Sheet, P&L Statement as well as ITR files)
- PAN Card
- Aadhar Card
- Residence Proof
- Two passport-sized photographs
PERSONAL LOAN
Interest Rate 9.99%
Eligibility Criteria for Personal Loan Nagpur
Personal Loan Eligibility criteria for both Salaried and Self-Employed are different:
Salaried Applicants
- The minimum age requirements of the individual should be 21 years and a maximum of up to 60 years.
- The applicants must have work experience of three years. And the salary should be received in their accounts only.
- The applicants must have an excellent credit history.
- The job location of the applicant should be mentioned.
- A borrower should have a minimum income of INR 25,000 per month
Click here to know more about Personal Loan for Salaried Applicant
Self-Employed Applicants
- The minimum age requirement for an independent person should be 25 years.
- The applicants applying for the personal loan should file ITR for the last three years.
- If the applicants are the businessman, then the business should be running from the past three years.
- The credit score of the individual applicants should be good .there should not be any debt or dues left.
- The annual income of the applicants should be a minimum of Rs 2.5 lakh.
- The whole documentation process of the personal loan is the applicants have to submit his financial and his bank statement of the previous three months.
Click here to know more about Personal Loan for Self-employed Applicant
Why Apply for Personal Loan Nagpur?
- There is no need to deposit any mortgage and collateral security to the bank.
- A personal loan is a multi-purpose offer loan. It can be used for all the problems related to finance.
- The amount of a personal loans depends upon the repayment of individual income and capacity.
- A Personal Loan does not require any guarantor or nominee.
How to apply for Personal Loan Nagpur?
To apply for an Instant Personal Loan Nagpur, Applicants don’t need to visit the bank’s branch as applicants can apply for it online at DialaBank.com.
- Visit Dialabank.
- Go to the loan section and click on the personal loan link.
- The applicant will be directed to all details of the personal loan where they can choose their 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 Nagpur
Every Bank and NBFC charges a fee for processing your Personal Loan application. These charges are 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 Nagpur 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.
To calculate your EMI: Personal Loan EMI Calculator
CIBIL Score required for Personal Loan Nagpur
Every lending institution has its own criteria for the minimum CIBIL score required for processing a Personal Loan application in Nagpur. Most institutions require 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 of a fresh loan.
PERSONAL LOAN
Interest Rate 9.99%
Personal Loan Nagpur Agents
Dialabank is the leading agent for availing Instant Personal Loan in Nagpur. You can apply online using the website or give a call at 9878981166.
Personal Loan Nagpur Contact Number
Call 9878981166 and get instant help and approval for a Personal Loan in Nagpur.
Pre Calculated EMI Table for Personal Loan Nagpur
About Nagpur
It is the 3rd largest city in the state of Maharashtra. Nagpur is one of the upcoming Smart Cities in Maharashtra. It is also known as Deekshabhoomi, the largest hollow stupa among all the Buddhist stupas in the world. Nagpur is known as the ‘Orange City’ because it is a major trade centre of oranges and is famous for its “Nagpuri Oranges” all over the world. The Banks and NBFCs are also willing to process personal loans in Nagpur.
