Personal Loan Ongole

Best Banks for Personal Loan in Ongole

Personal Loan in Ongole Features

Almost all the major banks and the NBFC offer personal loans to the buyers in Ongole Many of them allow you to avail the loan online, even if they do not have a presence in Ongole with a personal loan; you have full freedom to use that money in any way you want.
Personal loan in Ongole also does not require any collateral (depending on your creditworthiness). But most of the banks in Ongole offer the personal loan without any collateral/security, which means you don’t require providing the bank without any protection in the form of shares, cash or any other assets. This makes it more attractive to a huge number of people who are unable to provide the banks with any collateral.

Personal Loan in Ongole Interest Rates and Charges 

9.99% is the minimum rate of interest. Personal Loan interest rates may vary from person to person as it depends upon the salary and CIBIL score of the applicant.

Get low-interest rates

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

Personal Loan in Ongole 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 case of rented apartments, 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 Or Aadhar Or Residence Proof.
3. Two passport-sized photographs

Personal Loan in Ongole 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 maximum up to 60 years.
2. The applicants must have the work experience of the 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 credit score of the individual applicants 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 his bank statement of the previous three months.

Click here to know more – Self-employed Applicant

Why Apply for Personal Loan Ongole?

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 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 Ongole?

1. Visit dialabank.
2. Go to the loan section and click on the personal loan link.
3. The applicant will be directed to all details of the personal loan where they can choose their preferred city.
4. For more information and free guidance, you may call on 9878981166.

Processing Fee / Prepayment Charges on Personal Loan Ongole

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.

Personal Loan Ongole 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. You can use personal loan EMI calculator to calculate your EMIs.

CIBIL Score required for Personal Loan Ongole

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

Personal Loan Ongole Agents

Dialabank is the leading agent for availing Personal Loan in Ongole. You can apply online at dialabank or give a call at 9878981166

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

Personal Loan Ongole Contact Number

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

Pre Calculated EMI Table for Personal Loan Ongole

About Ongole

Ongole is a city in prakasham district in the Indian states of Andhra Pradesh. Ongole Cattle an Indigenous Breed Of Oxen.