Personal Loan Tenali

Best Banks for Personal Loan in Tenali

Personal Loan in Tenali Features

Are you looking for external monetary assist to meet your requirements? If sure, then you could avail of a private loan. It is a mortgage that can be used for particular purposes like paying debts, going for a holiday, paying lessened expenses, and lots more. A loan gives a method to all troubles of monetary desires and cash urgently.

This loan is unsecured with minimum documentation and less paperwork. Laon receives authorisation in 2 days. A personal loan will assist you to overcome your economic disaster.

Because the call suggests, a personal mortgage may be opted by using a character due to an urgent requirement of cash, for example, any clinical problem, schooling cause, or wedding ceremony or to satisfy any of your other non-public wishes. This is a lifestyle-saver option.

To get a personal mortgage, the applicant needs to have a rigid and precise supply of income and a great credit score history. There is no limit in the end-use of the loan.

Personal Loan in Tenali Interest Rates and Charges 

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

Personal Loan in Tenali Documents Required 

The documents required for a personal loan varies from a salaried customer to a self-employed customer in the following manner:

Salaried Customers:

1. Identity proof (Aadhar card/driving license)
2. PAN Card
3. Residence Proof (Owned/Rented/Company provided)
4. Salary slips of last three months
5. Bank statements for the previous 6 months
6. Passport-sized photographs – 2
7. In the case of rented apartments, a 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

Personal Loan in Tenali Eligibility Criteria

The personal loan eligibility criteria for both Salaried and Self-Employed are different. It is based on the bank, which has to approve the applicant’s request regarding the credit. There are two categories of applicants:

1. Salaried
2. Self-employed

There are various eligibility criteria for both applicants:

Salaried Applicants

1. The minimum age requirements of individuals should be 21 years and a maximum of up to 60 years.
2. Details of salary account.
3. The applicants must have an excellent credit history.
4. The job location of the applicant should be mentioned.

Self-Employed Applicants

1. The minimum age requirement for an independent person should be 25 years.
2. ITR for the last three years.
3. Financial statements for the last 3 months.
4. Business details of the past three years.
5. The credit score of the individual applicants should be good
6. The annual income of the applicants should be a minimum of Rs 2.5 lakh.

How to apply for Personal Loan Tenali?

Applying for a personal loan is easy with Dialabank. Get an instant personal loan by applying online with DialaBank. Just follow the steps below to enjoy a hassle-free experience:

1. Visit our website Dialabank
2. Visit the loan section and click on on the personal mortgage hyperlink.
3. The applicant can be required to fill in all of the details of themselves.
4. Click on Request a quote, and our dating supervisor will soon get in touch with you.
5. For more information call on 9878981166.

Processing Fee / Prepayment Charges on Personal Loan Tenali

Every Bank and NBFC charges two kinds of fees for on Personal Loan application.

1. The processing fee charges are mandatory for every ban/NBFC. These fees vary between 1% of the sanctioned loan amount.
2. The other is pre-closure charges which are applicable if you wish to foreclose your loan before the agreed loan tenure. In most cases, you cannot close your loan before a year. Post that, the charges vary depending on no of years the loan has been done. These charges range from 4%  to 2% of the amount.

Personal Loan Tenali EMI Calculator

 EMI or Equated Monthly Installments is the monthly fixed amount that the customer or applicant pays to the bank as the loan amount. The applicant is the borrower in such cases, and the bank is the lender. EMI varies according to your loan amount and tenure. You can find the Personal loan EMI calculator on DialaBank’s website.

CIBIL Score required for Personal Loan Tenali

CIBIL Score is the history of the payments that you have made in the past. The Credit Information Report or CIR is the history of your credit score, which checks your account’s history for different loans you have taken (if any) and the credit card history (if you have).

1. Mostly a CIBIL record of 750 points and above is considered good while applying for a personal loan.
2. The better the CIBIL score, the easier it becomes to avail of the loan.

Personal Loan Tenali Agents

Dialabank is associated with various banks and NBFCs in Tenali that provide personal loans at low interest rates. Thus, DialaBank is the leading agent for availing Personal Loan in Tenali. Apply online at Dialabank or give a call at 9878981166.

1. We do not charge any extra fees from our customers.
2. We are always ready to help our applicants and are available 24/7.
3. The Loan gets disbursed within 24 hours.
4. Our experts will assist you, and our relationship managers will provide guidance.

Personal Loan Tenali Contact Number

Call 9878981166 and get instant help and approval for a Personal Loan in Tenali.

Pre Calculated EMI Table for Personal Loan Tenali

About Tenali

Tenali is a city in the Guntur district of Andhra Pradesh, India. It is a municipality and the headquarters of the Tenali revenue division and Tenali Mandal. The city is renowned for art, drama, culture, and hence, it is often referred to with the nickname Andhra Paris.

FAQs

✅ Who can apply for a personal loan Tenali?

People who have an urgent need for cash and have a regular source of income can apply for a Personal Loan in Tenali.

✅ Can my application for a personal loan 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.

✅ What is the tenure of a personal loan?

Most banks and NBFCs provide a Personal Loan for a min period of 1 Yr to a Max period of 5 Years. It can be extended to the maximum period of 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.