Major Personal Loan Providers in Palwancha
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 Palwancha Features
Does your Wallet situation hold you back from making your ends meet?
Not to worry since Dialabank has got your back from assisting you with a Personal loan to sanctioning the loan everything is going to be at an ease. Personal loans are the easiest and flexible loans that allow an applicant to receive an advance amount under certain conditions.
It requires minimum complexities and customer-friendly services that don’t bother the borrower. Within 48 hours of the loan processing, the amount is approved followed by documentation.
Personal Loan Palwancha gives you money-related money-related assistance. To get a Personal Loan, the candidate is required to have a similarly more grounded and trustworthy wellspring of pay and furthermore a genuinely decent record as a consumer profile. On the bright side, you do not require any complex documentation along with the liberty to put money into use wherever you want. In order to apply for a personal loan, Palwancha click on Personal Loan
Personal Loan Palwancha 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 Palwancha
Essential personal loan Documents required for Personal Loan Palwancha:
Salaried Customers:
- Identity proof can be (Aadhar card/driving license)
- Statements for the salary of the past three months.
- Bank statements for the last 6 months
- PAN card of the individual
- Proof for Residence of the borrower (Own/Rent/Company provided)
- Passport-size photograph – 2 of the applicant
*NOTE: If one lives in rented apartments, rent agreement is mandatory to attach
Self-Employed Customers:
- All financial statements are required (Balance Sheet, P&L Statement as well as ITR files)
- PAN Card of the individual
- Aadhar card as identity proof
- Residence Proof of the individual
- Passport-sized photographs- 2 of the applicant
PERSONAL LOAN
Interest Rate 9.99%
Eligibility Criteria for Personal Loan Palwancha
Click here to know more about personal loan eligibility
Salaried Applicants
- The base age of the candidate should be under 21 years or over 60 years.
- The candidate must have an employment history, in any event, three years. The compensation needs to be moved into records as it is.
- The applicant should have a transparent credit history.
- The job location of the applicant should be mentioned in the documents.
- The borrower earns a minimum income of at least INR 25,000 p.m.
Click here to know more about a personal loan for- Salaried Applicant
Self-Employed Applicants
- The age of an independent person applying should be at least 25 years.
- The applicant applying for a personal loan should have been filing ITR for the past three years. In case the applicant is a businessman, then the business is required to be running well for the last 3 years.
- The credit score of the applicant should be good and there must not be any debt or any dues pending.
- The yearly income of the applicant should be no less than Rs 2.5 lakh.
- The entire document verification process for personal loan approval requires the applicants to submit their financial statements and their bank statement for the past three months.
Click here to know more about the personal loan for– Self-employed Applicant
Why Apply for Personal Loan Palwancha?
- There is no hard and fast rule for the requirement of depositing any mortgage or collateral as a security to the bank.
- A personal loan is a kind of multidimensional loan, so it can be put to use for any kind of issue.
- The amount of personal loans is entirely based on the repayment capacity of the applicant.
- A Personal Loan does not require any nominee or guarantor.
How to apply for Personal Loan Palwancha?
- Visit this website: www.dialabank.com.
- \hen, go to the loan section and go to the personal loan link. It will direct you to the detailed information of the personal loan where you can pick your city. For more information and free guidance, please call 9878981166.
PERSONAL LOAN
Interest Rate 9.99%
Processing Fee / Prepayment Charges on Personal Loan Palwancha
All Banks and NBFCs cost a certain fee to process a Personal Loan application. The processing fee is 1% of the loan amount for getting a personal loan in Palwancha.
If in case that you wish to close your credit before the chose advance residency, the loaning institution will charge you with either a punishment or a penalty for the move. Typically, you won’t be permitted to close your credit before the time of a year.
Post that, the charges vary dependent on the number of years the advance has finished. This charge changes from 4% of the rest of the advance sum in the second year to 2% in the fourth year of the credit.
To know about the interest rate click on personal loan interest rate
Personal Loan Palwancha EMI Calculator
Equated Monthly Installments or EMI implies a monthly fixed rate that you are needed to pay to the bank as monthly repayment for the loan amount which is secured.
According to your profile, the rate of interest on your loan is set. The EMI on your loan is calculated depending upon the personal loan interest Rate the bank charges you with and the loan amount you have to take and the period for which you take the loan.
CIBIL Score required for Personal Loan Palwancha
Every loaning institution has set a standard benchmark for the CIBIL score of the applicant to approve the loan. A min of 750 scores is considerable for loan approval. No institution only looks at the overall score. They also look at an elaborated view of the previous loans.
The details include the type of loans and the amount of money that was borrowed. If there exists any delay in the payments of the previous loans, it may hinder the approval of the present loan.
PERSONAL LOAN
Interest Rate 9.99%
Personal Loan Palwancha Agents
Dialabank is one of the leading agents for availing Personal Loan in Palwancha. You can easily apply online at www.dialabank.com or give a call at 9878981166
Dialabank assists you to look for the best option of Banks and NBFCs by giving you access to an in-detail market comparative analysis of various banks to help you pick the right one. Visit our website www.dialabank.com and fill out a simple form with the details of personal and employment data. Our customer relationship managers will be in touch with you shortly.
Personal Loan Palwancha Contact Number
Call 9878981166 and get timely assistance and approval for Personal Loan in Palwancha.
Pre Calculated EMI Table for Personal Loan Palwancha
Click here for a personal loan EMI calculator
About Palwancha
Palwancha is a town in Bhadradri district of the Indian state of Telangana. It is located in Palwancha Mandal of the Kothagudem revenue division.
FAQs About Personal Loan Palwancha
✅ Who can apply for a Personal Loan in Palwancha?
The candidates with an urgent need of money who have a regular source of income (from employment or business) can easily apply for a Personal Loan in Palwancha.
✅ What is the tenure of Personal Loan in Palwancha?
Most of the Banks and NBFCs provide a Personal Loan for a tenure of 1 year to a max of 5 years. Although, there are some Banks that extend the maximum period to 7 Years also. The tenure is fixed and cannot be extended. The repayment has to be done in equal monthly installments within the agreed tenure of the loan.
✅ Are there any other charges involved in Personal Loan Palwancha?
Yes, there are 2 types of charges that one needs to pay in order to avail a personal loan in Palwancha:
- Processing Fee: For every bank or lending institution that you borrow from, there is a small fee that they charge from the customer. This is known as Processing Fee. The amount of processing fee varies for each lending institution and is normally 1% of the loan amount.
- Pre-closure Charges: If you want to close a running loan before its decided tenure period, the Banks and NBFCs charge an extra amount known as pre-closure charges on the borrowed loan amount. Different banks have different pre-closure charges. The pre-closure charges vary depending on how many years has your loan completed before you decide to pre-close it.
✅ Can my application for Personal Loan Palwancha get rejected due to my CIBIL score?
Personal Loan, being an unsecured loan, one of the most significant decision criteria for getting your Personal Loan application approved is your CIBIL Score. It is of significant purpose when we talk about personal loans hence, maintaining a good Cibil score is of utmost importance. EMI payments or any credit card payments as that will result in decreasing your CIBIL score. Most of the Personal Loan rejections occur because of a low CIBIL Score.
