Best Banks for Personal Loan in Shivpuri
1% - 2.5% of the Loan Amt
Personal Loan in Shivpuri Features
Banks are the money lenders that help people by providing them with money to overcome their financial problems. It is like a helping hand to a person who needs quick cash. POn the other hand, a personal loan is a fixed amount of money people take from the banks who require money.
Personal Loans are sanctioned by various banks across the country and are available at reasonable interest rates. The purpose of taking a loan might be any medical emergency, education loan for their children, a family function or any other personal need.
Personal Loan in Shivpuri Interest Rates and Charges
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
More About: Interest Rates on Personal Loan
Personal Loan in Shivpuri Documents Required
Salaried Customers:
- Identity proof (Aadhar card/driving license)
- Salary slips of last three months
- Bank statements for the last 6 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%
Personal Loan in Shivpuri Eligibility Criteria
The eligibility criteria may vary between Salaried and Self-Employed.
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- 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 individual applicants’ credit score 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 bank statements of the previous three months.
Click here to know more – Self-employed Applicant
Why Apply for Personal Loan Shivpuri?
- 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.
How to apply for a Personal Loan Shivpuri?
- Visit dialabank
- 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 Shivpuri
Every Bank and NBFC charges a fee for processing your Loan application. These charges vary between 1.5% to 2.5% 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. These charges range from 4% of the outstanding loan amount in the 2nd year to 2% in the loan’s 4th year.
Personal Loan Shivpuri 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.
Click here to know more about- EMI Calculator
CIBIL Score required for Personal Loan Shivpuri
Every lending institution has its criteria for the minimum CIBIL score required for processing a Personal Loan application in Delhi. However, most institutions need a minimum score of 750 to process your loan application.
The institutions don’t just look at the overall score and the detailed behaviour on the previous loans. 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 Shivpuri Agents
Dialabank is the leading agent for availing Personal Loan in Delhi. You can apply online at dialabank 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.
Personal Loan Shivpuri Contact Number
Call 9878981166 and get instant help and approval for a Personal Loan in Jabalpur.
Pre Calculated EMI Table for Personal Loan Shivpuri
About Shivpuri
Shivpuri, a city and a municipality in the district of Shivpuri, is located in Madhya Pradesh. It is in the Gwalior Division and is the headquarters of the Shivpuri District.
FAQs
✅ What is the tenure of a Personal Loan in Shivpuri?
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.
✅ Are there any other charges involved in Personal Loan Shivpuri?
Yes, there are 2 types of charges that one needs to pay to avail of a personal loan in Shivpuri:
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 processing fee varies for each lending institution and is generally between 1% and 2.5% of the loan amount.
Pre-closure Charges: Whenever you want to close a running loan before its agreed 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 directions. The pre-closure costs vary depending on how many years has your loan been completed before you decide to pre-close it.
✅ Can my application for Personal Loan Shivpuri 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.
Other Cities For Personal Loan In Madhya Pradesh
| Personal Loan Sagar | Personal Loan Raisen |
| Personal Loan Rewa | Personal Loan Pithampur |
| Personal Loan Rau | Personal Loan Panna |
| Personal Loan Ratlam | Personal Loan Pachore |
