Best Banks for Personal Loan in Rayya
1% - 2.5% of the Loan Amt
Personal Loan in Rayya Features
Are you running short on cash? Do not worry. A personal loan is available for you. This loan is unsecured with minimal documentation and less paperwork. This loan can get approved within 48 hours after the verification process.
Personal Loan Rayya 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 income source and a good credit history.
Furthermore, there is no end-use restriction on the use of the personal loan amount. Therefore, you can use this loan amount anywhere you want to do.
Personal Loan in Rayya Interest Rates and Charges
To apply for a personal loan, Rayya click on Personal Loan Interest Rate
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 Rayya Documents Required
Salaried Customers:
- Identity proof (Aadhar card/driving license)
- Salary slips of last three months
- Bank statements for the last six 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%
Click here to know more about Documents Required for Personal Loan
Personal Loan in Rayya Eligibility Criteria
Click here to know more about personal loan eligibility.
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 a 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 the personal loan for– Self-employed Applicant.
Why Apply for Personal Loan Rayya?
- 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 loan depends upon the repayment of individual income and capacity.
- A Personal Loan does not require any guarantor or nominee.
Click here to know more about Apply Personal Loan
How to apply for Personal Loan Rayya?
- Visit www.dialabank.com.
- Go to the loan section and click on the personal loan link.
- The applicant will be directed to all personal loan details 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 Rayya
Every Bank and NBFC charges a fee for processing your Loan application. These charges are 1% of the sanctioned loan amount.
If 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 been done.
To know about the interest rate, click on the personal loan interest rate.
Personal Loan Rayya EMI Calculator
Equated Monthly Installments, also known as EMI, are the monthly fixed charges 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 the bank charges you, the amount of loan you have to take, and the period you enjoy the loan.
CIBIL Score required for Personal Loan Rayya
Every lending institution has its criteria for the minimum CIBIL score required for processing a Personal Loan application in Rayya. However, most institutions need a minimum score of 750 to process your loan application.
The institutions look at the overall score and the individual behaviour on the previous loans taken. This includes details on the type of loan taken and the amount borrowed. Any delayed payments of earlier loans can act as a barrier to your availing of a new loan.
PERSONAL LOAN
Interest Rate 9.99%
Personal Loan in Rayya Agent and Contact Number
Dialabank is the leading agent for availing Personal Loan in Rayya. You can apply online at www.dialabank.com or give a call at 9878981166
Dialabank helps you find the best option for Banks and NBFCs by providing you with a detailed market comparison of different banks to make the right choice. Visit our website www.dialabank.com and fill a simple form with your personal and employment details. Our customer relationship managers will soon get in touch with you.
Call 9878981166 and get instant help and approval for a Personal Loan in Rayya.
Pre Calculated EMI Table for Personal Loan Rayya
Click here for the personal loan EMI calculator
About Rayya
Rayya is a city and a Municipality Cop. in the Amritsar district in the Indian state of Punjab. Rayya is about 35 km from Amritsar and 45 km from Jalandhar. It is 5 km from the Beas River.
FAQs
✅ Who can apply for a Personal Loan in Rayya?
People who have an urgent need for cash and have a regular source of income (from employment or business) can apply for a Personal Loan in Rayya.
✅ What is the tenure of Personal Loan in Rayya?
Most banks and NBFCs provide a Personal Loan for a min period of 1 Yr and a Max period of 5 Years. Some Banks 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 instalments within the agreed term of the loan.
✅ Can my application for Personal Loan Rayya get rejected due to my CIBIL score?
Since a Personal Loan is an unsecured loan, one of the most important decision criteria for getting your Loan application approved is your CIBIL Score. Having a High CIBIL score becomes extremely important if you wish to avail of a Personal Loan in the future. Make sure you don’t skip any of your loan EMI payments or any credit card payments, as that will decrease your CIBIL score. Most of the Personal Loan rejections happen due to a low CIBIL Score.
Personal Loan in Other Cities of Punjab
| Personal Loan Rupana | Personal Loan Sabhra |
| Personal Loan Sadiq | Personal Loan Sahnewal |
| Personal Loan Sainimajra | Personal Loan Samana |
| Personal Loan Samgauli | Personal Loan Sanur |
