Personal Loan Sagar

Major Personal Loan Providers in Sagar

Personal Loan Sagar Features

Personal loans are the unsecured loan provided for the immediate personal needs of individuals. These Personal loans can be provided to those who have a good CIBIL score and reputed credit history. The financial needs may arise uncertainly for various purposes like downpayment of car loan, marriage arrangements, holiday tour, renovation of a house or building, etc.

Personal loans are meant for various purposes that’s why it also is known as consumer loans that fulfil individual financial needs.

Personal Loan is an unsecured loan that provides financial aid to the customers at affordable interest rates. Furthermore, there is no end-use restriction on the use of the personal loan amount. You can use this Personal loan Sagar amount anywhere you want to do.

Personal Loan Sagar Interest Rates

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

Documents for Personal Loan Sagar

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
3. Aadhar Card
4. Residence Proof
5. Two passport-sized photographs

Eligibility Criteria for Personal Loan Sagar

The Personal Loan Eligibility criteria for both Salaried and Self-Employed individuals 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 work experience of nearly three years. And the salary should be received in their personal bank accounts only.
3. The applicants must have a sound 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 to learn more about- Personal Loan 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 Sagar should file ITR for the last three years.
3. If the applicants are the businessman, then the business should be running best from the past three years.
4. The credit score of the individual applicants should be good .there should not be any outstanding debt or dues pending 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 Sagar is the applicants have to submit his financial and his bank statement of the previous three months.

Click here to know or read more –Personal loan Self-employed Applicant

Why Apply for Personal Loan Sagar?

1. There is no need to provide any mortgage asset and collateral security to the bank.
2. A personal loan Sagar is a multi-purpose offer loan. It can be used for all the problems related to finance.
3. The amount of personal loan of Sagar depends upon the repayment of individual income and capacity.
4. A Personal Loan Sagar does not require any guarantor or nominee.

How to apply for Personal Loan Sagar?

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

Processing Fee / Prepayment Charges on Personal Loan Sagar

Every Bank and NBFC charges a fee for processing your Personal Loan Sagar application. These charges vary between 1% of the sanctioned personal 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 personal loan Sagar before 12 months. Post that the charges vary depending on how many years the Personal loan Sagar has done. These charges vary from 4% of the outstanding loan amount in the 2nd year to 2% in the 4th year of the Personal loan.

Personal Loan Sagar 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 Personal loan Sagar is determined. Your EMI is calculated basis the Interest Rate you are charged by the bank and the amount of Personal loan you have to take and the period for which you enjoy the loan. The Personal Loan EMI Calculator as follows:

CIBIL Score required for Personal Loan Sagar

Every lending institution has its own criteria for the minimum CIBIL score required for processing a Personal Loan application in Sagar. Most institutions require at least a score of 750 to process your Personal loan application.

The institutions don’t just look at the overall or total score but also the detailed behaviour on the previous Personal loans taken. This includes details on the type of loan taken and the Personal loan Sagar amount borrowed. Any delayed payments for previous any loans can act as a hurdle to your availing a fresh loan.

Personal Loan Sagar Agents

Dialabank is the leading agent for availing Personal Loan Sagar. You can apply simply online at www.dialabank.com or give a call at 9878981166

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

Personal Loan Sagar Contact Number

Call 9878981166 and get instant help and approval for Personal Loan Sagar.

Pre Calculated EMI Table for Personal Loan Sagar

About Sagar

Sagar is a city or place in the state of Madhya Pradesh in central India. Established on a spur of the Vindhya Range and 1,758 feet above sea-level. The city or region is around 172 kilometers northeast of the state capital, Bhopal. It is situated or established almost in the center of India.

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