Best Banks for Personal Loan in Tiruppur
| Feature | HDFC Bank | Private Bank | Bajaj Finance |
| Interest Rate | 10.75% - 17% | 11.25% - 18.5% | 0.12 |
| Min Loan Amt | Metro : 75000 & Non Metro: 50000 | 50000 | 100000 |
| Max Loan Amt | 50 Lacs | 50 Lacs | 1 Cr |
| Loan Tenure | 1 - 5 Years | 1 - 5 Years | 1 - 5 Years |
| Processing Fee | 0.25% - 2% of the Loan Amt | 1% - 2.5% of the Loan Amt |
0.5% - 2% of the Loan Amt
|
| Preclosure Charges | 2%, Nil foreclosure charges after 12 months | 2%, Nil foreclosure charges after 24 months | Nil |
| Overdraft Facility | No | No | Yes |
Personal Loan in Tiruppur Features
A Personal Loan is an unsecured loan that can be availed by you if you are going through a financial crisis. Since it’s a kind of an unsecured loan, it does not involve any of your assets to be mortgaged by the bank in any case.
If you are thinking of starting up a new venture but you don’t have that much finance available, or you are thinking abroad for your higher studies, but your pocket doesn’t allow you, then you should definitely opt for the option for Personal Loan. It will help aid you to fulfill all your desires.
The best thing about this type of loan is that you can spend it as per your needs and not just for a specific purpose. The amount of the loan can be spent by the individual to deal with his personal expenses; that is why it is known as Personal Loan.
Personal Loan in Tiruppur Interest Rates
| Bank | Processing Fee |
Prepayment Charges
|
| HDFC Bank Personal Loan | 0.25% to 1.50% |
2%, Nil foreclosure charges after 3 months
|
| 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
|
| 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.
|
| 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 Tiruppur
Salaried Customers:
- Identity proof (Aadhar card/driving license)
- Salary slips of the previous three months
- Bank statements for the last 6 months
- PAN Card
- Residence Proof (Owned/Rented/Company provided)
- 2 recent passport size photographs
*NOTE: For individuals residing in rented apartments, rent agreement needs to be attached.
Self-Employed Customers:
- All financials of the applicant’s business are required (Balance Sheet, P&L Statement as well as ITR files)
- PAN Card
- The Self Employed applicant needs to have submitted ITR for the last 3 years.
- Aadhar Card
- Residence Proof
- Two passport-sized photographs
PERSONAL LOAN
Interest Rate 9.99%
Personal Loan Tiruppur Eligibility Criteria
The eligibility criteria for both Salaried and Self-Employed are different as follows:
Salaried Applicants
- The minimum age of the salaried applicant who wants to avail the Personal Loan is a minimum of 21 years to a maximum of 60 years.
- If the applicant lives in a metropolitan city, then the income should be at least 18,000 per month.
- A good CIBIL Score is needed as you only get Personal Loan Bhopal based on CIBIL Score. It should be more than 700.
- It is a must to submit the bank statements for the last three months.
- The salary slip of the applicant for the last six months is also required if you want to apply for availing of the Personal Loan in Tiruppur.
- If the applicant is residing in a Non-metropolitan city, then the income should be a minimum of 12,000 per month.
- The applicant should also have work experience in any organization of at least the last three years and 1 year in the current company.
- The applicant should receive his salary in his account regularly.
Self-Employed Applicants
- Minimum Age: 25 Years.
- Maximum Age: 65 Years.
- ITR: 2.5 to 3 lakh for 3 years.
- Residence: Must be having an Office or Home.
- Business should be running successfully for the last 3 years.
- CIBIL Score must be more than 700.
Get to know more Personal Loan Eligibility here.
Why Apply for Personal Loan in Tiruppur?
- It eliminates the need for a collateral deposition in the bank.
- A personal loan is a multi-purpose offer loan. It can be used for all kinds of financial problems.
- The amount of personal loan depends upon your own individual income and capacity.
- A Personal Loan does not require any co-applicant.
How to apply for Personal Loan in Tiruppur?
- Personal Loan Tiruppur is easy with DialaBank.
- Visit our official site at www.dialabank.com.
- Then fill the application form available online with your personal details.
- Fill your contact number online. It is mandatory.
- You will get a call back within 24 hours from our Relationship Manager.
PERSONAL LOAN
Interest Rate 9.99%
Processing Fee / Prepayment Charges on Personal Loan Tiruppur
Every Bank and NBFC charges a fee for processing your Personal Loan application in Tiruppur. These charges vary between 1% of the sanctioned loan amount.
In case you wish to foreclose your personal loan before the agreed-upon loan tenure, every lending institution may charge you a penal prepayment fee. Normally, you cannot close your loan before a period of 12 months. After that, the charges depend on the tenure of the loan. These charges vary from 4% to 2%.
Personal Loan EMI Calculator Tiruppur
Equated Monthly Installments (EMI) is the monthly fixed charges that you pay to the bank/NBFC as a monthly repayment for the loan amount borrowed. Based on your income, the interest rate on your personal loan is determined. Your EMI is calculated on the basis of the Interest Rate charged by the bank and the amount of loan you take and the tenure for which you enjoy the loan.
For further information about calculating your EMI online for free click Personal Loan EMI Calculator
CIBIL Score required for Personal Loan Tiruppur
Every lending institution has its own criteria for the minimum CIBIL score required for processing a Personal Loan application in Tiruppur. Most financial institutions require a minimum score of 750 to process your loan application.
The lending institutes check on your regularity of previous loan payments as well as your current source of income before approving your personal loan.
PERSONAL LOAN
Interest Rate 9.99%
Personal Loan Tiruppur Agents
Dialabank is the leading agent for availing Personal Loan in Tiruppur. You can apply online or give a call at 9878981166 in case you face any issues regarding the same.
Dialabank helps you to find the best option among several Banks and NBFCs by providing you with a detailed comparison of different interest rates offered so that you can make the right choice. Our customer relationship managers will soon get in touch with you to help you choose the best option.
Personal Loan Tiruppur Contact Number
Call 9878981166 and get approval for Instant Personal Loan in Tiruppur.
Pre Calculated EMI Table for Personal Loan Tiruppur
Rate |
5 Yrs |
4 Yrs |
3 Yrs |
10.50% |
2149 |
2560 |
3250 |
11.00% |
2174 |
2584 |
3273 |
11.50% |
2199 |
2608 |
3297 |
12.00% |
2224 |
2633 |
3321 |
12.50% |
2249 |
2658 |
3345 |
13.00% |
2275 |
2682 |
3369 |
13.50% |
2300 |
2707 |
3393 |
14.00% |
2326 |
2732 |
3417 |
14.50% |
2352 |
2757 |
3442 |
15.00% |
2378 |
2783 |
3466 |
About Tiruppur
Thiruppur, also is known as Tiruppur, is a city situated in the Indian state of Tamil Nadu. Tiruppur is also the primary administrative headquarters of Tiruppur district and is located on the banks of Noyyal River and has been ruled at different times by several prominent historical rulers like the Early Pandyas, Medieval Cholas, Later Cholas, and the Britishers.
FAQs About Personal Loan Tiruppur
1. What is Personal Loan Tiruppur?
Under Personal Loan Tiruppur, you can get the loan amount from the bank for a specific time. It provides you with the lowest interest rate.
2. What is a Personal Loan Tiruppur Interest Rate?
The Personal Loan Tiruppur will provide you with a loan at a 9.99% rate with the lowest EMI of Rs.2,683 Per lakh if you are paying more than this EMI than you can go for a balance transfer. You can pay back your loan within a tenure of 12 months to 48 months, depending upon the agreement.
3. What is Personal Loan Tiruppur Eligibility?
You can apply for the Personal Loan Tiruppur if you are a citizen of India. You should be above the age of a minimum of 21 years and should not exceed the age of 58 years. Both salaried and self-employed applicants can apply.
4. What are the details of Personal Loan Tiruppur?
The best banks will provide you the personal loan in Tiruppur as it helps you according to your needs. It has special offers for government employees. You can get the loan quickly if you fulfill the eligibility criteria for the loan.
5. How to apply online in Personal Loan Tiruppur?
For availing of the best services, go on our website www.dialabank.com and fill the form, which requires your necessary basic details, including your salary. You will get a call from our side within 24 hours of filling this form, and we will guide you further for the best offers. The contact number which is working is mandatory.
6. How to check Personal Loan Tiruppur EMI with EMI calculator?
Visit our site Dialabank and select the option of tools and calculators available on the top. After that, you can choose the option of EMI check and easily calculate the loan EMI on a personal loan.
7. How can we apply for Personal Loan Tiruppur?
For the loan process to start, you have to fill the above form and submit. Then your request will be accepted by DialaBank, and within 24 hours, you will get a call from our Relationship Manager who will help you with the further details according to your desired wants.
