Best Banks for Personal Loan in Patna
1% - 2.5% of the Loan Amt
Personal Loan in Patna Features
Personal Loan Patna provides flexibility to individuals to get financial help in need and avail of a personal loan when required. Personal Loans can be availed for various purposes, including marriage, holidays, and to repay other loans.
Benefits of Personal Loan Patna:
- Minimum Documentation is required.
- Competitive Rate of Interest.
- Completes Immediate need for financial help.
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Personal Loan Details
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| Interest Rate |
10.75% to 24% p.a.
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| Processing Fees | 0.5-2.5% |
| Loan Tenure |
1 year to 5 years
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| Pre-closure Charges | 2% - 5% |
| Guarantor Requirement |
No guarantor required
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Personal Loan in Patna Interest Rates – Dec 15 2024
The interest rates in a Personal Loan depends on the company’s profile and the salary of a person. The interest rate of personal Loan starts @10.75% per annum.
| Name of the Bank | Interest Rate Range | Processing Fee Range | Loan Amount | Tenure |
| Private Bank | 11.59% - 18.49% (Fixed) | 2.25% (min. Rs.1149) One time fee | Rs.20 lakh (Max) | 1-5 Years |
| CitiBank | 10.99% - 15.99% (Fixed) | 1% to 2.5% | Rs.30 lakh (Max) | 1-5 Years |
| Kotak Mahindra Bank | 10.99% to 24% p.a. | Up to 2.5% of the loan amount along with GST or service tax | Rs.50,000 to Rs.15 lakh | 1 to 5 Years |
| Fullerton India | 11.99% to 23.99 p.a. | Information not provided. | Up to Rs.20 lakh for salaried and up to Rs.30 lakh for self-employed individuals | 1 to 4 Years |
| Bank of Baroda | 11.35% - 14.35%Fixed | Rs.1,000 to Rs.10,000 (One time fee) | Rs.20,000 - Rs.2 lakh | 4 Years (Max) |
| State Bank of India | 12.90% - 14.90% (Fixed) | 1% (One time fee) | Rs.24,000 - 15 lakh | 5 Years |
| Aditya Birla | 11.5% - 13.25% (Fixed) | Nil | Rs.30 lakh (Max) | 1-5 Years |
| Allahabad Bank | Information not provided | 1.06% of loan amount | Information not provided. | 1 to 5 Years |
| Yes Bank | 14% p.a. | Up to 2% (One-time fee) | Rs.2 lakh to Rs.20 lakh | 1 to 5 Years |
| Corporation Bank | 12.75% to 13.75% p.a. | Up to 1.5% Minimum amount of Rs.500 | Up to Rs.3.50 lakh | Up to 5 Years |
PERSONAL LOAN
Interest Rate 9.99%
Personal Loan Patna Fees & Charges – Dec 15 2024
| Bank | Processing Fee |
Prepayment Charges
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| HDFC Bank Personal Loan | 0.25% to 1.50% |
2%, Nil foreclosure charges after 3 months
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| Axis Bank Personal Loan | 0.50% to 1.50% | Nil |
| Private Bank Personal Loan | 0.25% to 1.50% |
2%, Nil foreclosure charges after 9 months
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| SBI Personal Loan | 500/- to 0.50% | Nil |
| Kotak Personal Loan | 1% to 2% |
2.25% of fore closure amount if closed 1 month ahead of the tenure.
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| 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 |
To check Personal Loan Interest Rate for all major banks you can visit: Personal Loan Interest Rates
Documents required for Personal Loan Patna
List of Documents Required for Salaried Applicants
Salaried individuals must submit the following documents in addition to a completed personal loan application form:
| Photo Identity Proof (Any one) | Passport PAN Card Voter’s ID Aadhar Card Driving License |
| Address Proof (Any one) |
Passport
Utility Bill (telephone, electricity, water, gas) – less than 2 months old Aadhaar Card Driving License Ration Card |
| Income Proof |
Salary slips (Last 3 months)
Bank statements for the last 3 to 6 months (showing salary credit) |
| Tax Paid (Any one |
IT returns (for 2 years)
Form 16 |
| Residence Ownership Proof (Any one) |
Property documents
Maintenance bill Electricity bill |
| Proof of Job Continuity (Any one) |
Current employment certificate
Current job appointment letter (if more than 2 years have been spent in the same organisation) Experience certificate (previous employer’s relieving or appointment letter along with job certificate) |
| Proof of Investment (if any) |
Fixed assets, fixed deposit, shares, etc.
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| Existing Loans (if any) |
Payment Track Record & Sanction letter
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| Photograph |
One coloured passport size photograph
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List of Documents Required for Self-employed Applicants
Self-employed personal loan applicants must submit the following documents in addition to a fully completed loan application form:
| Photo Identity Proof (Any one) | Passport PAN Card Voter’s ID Aadhaar Card Driving License |
| Address Proof (Any one) |
Passport
Aadhaar Card Driving License Utility Bill (telephone, water, electricity, gas) – less than 2 months old Ration Card |
| Proof of Residence Ownership (Any one) |
Property documents
Maintenance bill Electricity bill |
| Proof of Office Address and Ownership (Any one) |
Maintenance bill
Property documents Electricity bill |
| Proof of Business Existence (Any one) |
Copy of GST registration
Company registration license Shop establishment proof |
| Income Proof |
Last 2 years Income tax returns of the applicant along with computation of income duly attested by a Chartered Accountant
Audited balance sheet and Profit & Loss accounts, including tax audit report, if applicable |
| Bank statement |
Savings/current account bank statement/ bank passbook for the past one year
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| Proof of Investment (in case any) |
Investments such as fixed deposit, fixed assets, shares, etc.
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| Existing Loans (in case any) |
Payment Track Record and sanction letter
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| Professional Degree Certificate |
In case of professionals
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| Photograph |
One coloured passport size photograph
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List of Documents Required for NRI Applicants
When applying for a personal loan, NRI candidates are typically required to submit the following documents:
| Identity Proof | Copy of the passport Copy of the visa |
| Employment Proof | Letter of Appointment Job contract Labour/ Identity card (if applicable) Official email ID or the HR’s email ID |
| Income Proof | Last 6 months’ bank statements Last 6 months’ salary slips or salary certificate |
| Photograph | Passport size photographs |
List of Documents Required for Pensioners
When applying for a personal loan, a pensioner must submit the following documents:
| Identity/Age Proof (Any one) |
Ration card
Passport PAN card Aadhar card Voter ID card Driving licence Birth certificate School leaving certificate |
| Address Proof (Any one) | Passport Aadhaar card Utility bills Ration card Driving licence |
| Income Proof (Any one) |
Last 6 months’ bank statements/salary slips
Bank passbook Form 16 Copy of pension payment order Income tax returns |
| Photographs |
Passport size photographs
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Know More About: Personal Loan Eligibility Criteria
PERSONAL LOAN
Interest Rate 9.99%
Documents required to avail of a personal loan vary for salaried customers and self-employed ones. Following are the important documents for both kinds of customers:
Personal Loan Patna Eligibility Criteria
Personal Loan Eligibility criteria for both Salaried and Self-Employed are different:
| Particulars | Salaried | Self-Employed |
| Age | 21 - 60 years | 21 - 65 years |
| Minimum Income | Rs.15,000* | Rs.5 Lakh p.a. |
| Co-applicant | Not mandatory | Not mandatory |
| Loan Tenure | 12 – 60 months | 12 – 60 months |
| Maximum Loan Amount | Rs.40 Lakh | Rs.40 Lakh |
| Employment Type | Employees of private limited companies and public sector undertakings |
Self-employed individuals
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| Employment/Business Continuity | At least 2 years; minimum 1 year with current employer |
4 years Post Qualification experience for Doctors/ Chartered Accountants.
5 years Post Qualification experience for Company Secretary / Architect. |
| CIBIL Score | 750 and above | 750 and above |
| Residential Status |
Resident Indian staying in own house or a rented house
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*In cities such as Kochi, Kolkata, Ahmedabad, Pune, Hyderabad, Mumbai, Chennai, Bengaluru, and Delhi the net monthly income required is Rs.20,000
Click here to know more about - Salaried Applicant
Click here to know more about - Self-employed Applicant
*Note: The eligibility criteria vary from lender to lender.
Check Personal Loan Eligibility with Top Lenders in 2021
| Bank | Age Limit | Minimum Work Experience |
Minimum Income (Per Month)
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| SBI | Up to 76 years | NA** | Rs.15,000 |
| HDFC | 21 to 60 years | 2 years | Rs. 20,000 |
| Private | 23 to 58 years | 2 to 5 years | Rs.17,500 |
| Axis | 21 to 60 years | NA** | Rs.15,000 |
| Kotak Mahindra | 22 to 55 years | 1 year | Rs.25,000 |
| Tata Capital | 21 to 58 years | 1 year | Rs.15,000 |
| IndusInd | 21 to 60 years | 2 to 5 years | Rs.25,000 |
| Ujjivan Small Finance | 22 to 58 years | NA** |
Above the minimum wage limit
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| India Infoline Finance Limited | 25 to 60 years | 6 months to 2 years | Rs.35,000 |
| HDBFS | 21 to 65 years | 1 year to 3 years |
Rs.15,000 for salaried
Rs.1 lakh p.a. for self-employed |
| Indian Overseas Bank | Up to 58 years | NA* | Rs.5,000 |
| IDFC First Bank | 23 to 68 years | 3 years | NA* |
| Federal Bank | 21 - 55 Years | 3 years | Rs.25,000 |
| Punjab National Bank | 21 – 58 years | 2 years for doctors | Rs.15,000 |
| Andhra Bank | 21 - 55 years | NA** | NA* |
| Canara Bank | NA** | NA** |
Salaried: Rs.6,000 & above
Self-employed - Rs. 1.5 lakh |
| IDBI Bank | Up to 75 years for Pensioners | NA** | Rs.1.5 lakh p.a. |
| Fullerton India | 21 to 55 years | 1 to 2 years | Rs.15,000 |
| RBL Bank | 25 to 60 years | 1 to 3 years | Rs.25,000 |
| Bank of Baroda | 21 to 60 years | 1 year to 2 years |
60% of gross monthly income
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| Deutsche Bank | 25 to 60 years | NA** | Rs.25,000 |
| Karnataka Bank | NA** | 3 years | NA* |
| United Bank of India | up to 75 Years | 2 years | NA* |
| UCO Bank | 21 to 65 years | 1 year to 5 years | Rs.20,000 |
*Personal loan disbursal is solely at the bank’s discretion and as per the bank’s terms and conditions
Learn More about Personal Loan: Click Here
PERSONAL LOAN
Interest Rate 9.99%
Salaried Applicants
- The minimum age of the applicant should be 21 years and a maximum of up to 60 years.
- If the borrower should have a salary of a minimum of Rs.18,000 per month
- The borrower must have the last three years’ work experience, and the salary should come in their account only.
- The person must have a good CIBIL score, i.e., at least 700+.
- Personal Loan Patna’s documentation process is straightforward; they have to submit their bank statement of the last three months and the salary slip of the previous six months.
To know more about: Personal Loan for Salaried Applicant
Self-Employed Applicants
- The self-employed person’s age should be minimum of 25 years.
- The applicant should file ITR at least for the last three years.
- The CIBIL of the applicant should be good, and no debt should be left due.
- The ITR(Income tax return) in which the applicant files should be Rs 2.5 lakhs per annum.
- And the applicant is a businessman than his business should be running for the last three years.
- The age of the applicant should be 25 years.
To know more about: Personal Loan for Self-employed Applicant
PERSONAL LOAN
Interest Rate 9.99%
Why Apply for a Personal Loan in Patna?
- The Loan amount depends upon the income and repayment capability of the applicant.
- Personal Loan Patna is a multi-purpose offer that can be used for almost all financial problems.
- No need to put any property or asset as security to the lender.
- No cosigner is needed for Personal Loan Patna.
- A Personal Loan does not require any guarantor or nominee.
How to apply for a Personal Loan in Patna?
To apply for an Instant Personal Loan Patna, Applicants don’t need to visit the bank’s branch as applicants can apply for it online at Dialabank.com. The process is straightforward & handy. This involves only a few steps:
- Click here and fill the form.
- Relationship Manager Will Call applicant in Next 2 Working Hours.
- Compare personal loan offers from several banks and NBFCs on the Dialabank website.
- Check the eligibility and View the best offers available.
- Select the desired bank or keep in contact with the Relationship Manager of Dialabank for more assistance.
- After selecting the bank, fill out a form to process the loan application.
- Upload all the documents or schedule document pickup from home or office.
- After your documents are verified, the bank’s executive will give the applicant a verification call.
- The amount will get disbursed to the applicant’s account within 3-5 working days if the loan gets approved.
PERSONAL LOAN
Interest Rate 9.99%
Processing Fee / Prepayment Charges on Personal Loan Patna
Every Bank and NBFC charges two kinds of fees from its customers. The first is a fee for processing your Personal Loan application. These charges are 1% of the sanctioned loan amount.
Personal Loan EMI Calculator Patna
The Personal loan EMI Calculator can be used to know your EMI value on your loan amount. Equated Monthly Installments, also known as EMI, are the monthly charges you pay to the bank as monthly repayment for the loan amount borrowed. Based on your profile, income, loan amount, and tenure, your loan’s interest rate is determined. Your EMI is calculated on the basis of the personal loan Interest Rate the bank charges you, which must be paid every month.
CIBIL Score required for Personal Loan Patna
Every lending institution has its own criteria for the minimum CIBIL score required for processing a Personal Loan application in Patna.
- Generally, a CIBIL score of 750 is required to process the Loan Application.
- Many times Other factors such as income and Job stability also play an important factor in a process.
- The Institutions go through a detailed analysis of the Loan Repayment of your past Loans.
PERSONAL LOAN
Interest Rate 9.99%
Personal Loan Patna Agents
Dialabank is the leading agent for availing Personal Loan in Patna. You can apply online at www.dialabank.com or dial 9878981166.
Dialabank helps you to find the best choice of Banks and NBFCs by offering you a detailed market comparison of different banks so that you can make the right option. Visit our website www.dialabank.com and fill a form by filling in your details. Our relationship managers will call you and assist you.
Personal Loan Patna Contact Number
Call 9878981166 and get instant help and approval for Instant Personal Loan in Patna.
Pre Calculated EMI Table for Personal Loan Patna
About Patna
Patna is a city located on the Ganges’ southern bank in the Indian state of Bihar. It is the capital and the most populous city of Bihar. Patna experiences a tropical wet and dry climate. Patna has many temples and religious places. Many festivals are celebrated in Patna.
FAQs on Personal Loan Patna
✅ What is a personal loan?
A personal loan is a type of unsecured loan that a person can avail of based upon their monthly income and CIBIL score. The loan amount available can be used for any personal purpose and need.
✅ How to get a personal loan in Patna?
To get a personal loan, you either walk into the nearest bank branch with basic documents like Aadhar Card, PAN Card, Salary Slip/Bank Statement, and ITR file of the last three years.
You can also fill out an inquiry form and apply online at Dialabank’s digital platform for better convenience and personalised assistance.
✅ What is the interest rate for a personal loan in Patna?
The interest rates for personal loans varies on the basis of some market factors like monthly income, CIBIL Score, loan amount, and loan tenure.
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