Personal Loan Udipi

Major Personal Loan Providers in Udipi

Personal Loan Udipi Features

A personal loan can solve all your short-term financial needs. There can be many reasons to apply for a personal loan, like paying old debts, medical bills, weddings, vacations, home renovation, etc. The process of a loan application is straightforward, and it does not require too many documents. Also, there are no restrictions on the use of the loan amount. You can use the loan amount as you want to use it.

In Udipi, almost all major banks and NBFCs provides the personal loan. To get a personal loan, the applicant must have a sufficient income source and good credit history.

You can easily apply for a loan through the Dialabank website.

Personal Loan Udipi Interest Rates

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

Personal Loan Udipi Documents Required

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 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 Udipi Eligibility Criteria

Personal Loan Eligibility criteria for both Salaried and Self-Employed are different:

Salaried Applicants

1. The minimum age requirements of the individual should be 21 years and a maximum of up to 60 years.
2. The applicants must have work experience of three years. And the salary should be received in their accounts only.
3. The applicants must have an excellent 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 more about Personal Loan for 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 should file ITR for the last three years.
3. If the applicants are the businessman, then the business should be running from the past three years.
4. The credit score of the individual applicants should be good .there should not be any debt or dues 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 is the applicants have to submit his financial and his bank statement of the previous three months.

Click here to know more about Personal Loan for Self-employed Applicant

Why Apply for Personal Loan Udipi?

You should apply for a personal loan in Udipi as it is easy to avail and gets sanctioned and disbursed in less time, especially when you apply through Dialabank. It doesn’t require much documentation, neither does it require collateral. It offers loan amounts up to 25 lakhs. You get flexible repayment options and choose your own tenure, ranging from 12 to 60 months.

How to apply for Personal Loan Udipi?

To apply for the best personal loan deals:

• Visit Dialabank and click on the personal loan option on the menu of the homepage.
• You will be directed to a page wherein you will have to fill in all details. Our team will use these details to shortlist loan offers suitable for you.
• After you click on ‘Apply now, we will mail you the list of offers we have selected. Then, we will call you to help you compare all of them.
• Thus, the loan availing process is straightforward and hassle-free with Dialabank.
• If you have any queries, visit the nearest Dialabank branch or call us at 9878981166. Remember, we provide you the most trustworthy service!

Processing Fee/Prepayment Charges on Personal Loan Udipi

• These are two extra charges which banks might charge you on your loan.
• A processing fee is a minimal charge taken by the banks and NBFCs to process your loan. It varies from bank to bank but is normally 1% of the outstanding loan amount.
• The banks charge a prepayment fee to prepay your loan, i.e., pay it before the tenure ends. For this, banks charge a minimal fee which ranges from 2% to 4% of your outstanding loan amount.
• When comparing loan offers, make sure you include both of these charges in your calculation to know which offer you should go for accurately.

Personal Loan Udipi EMI Calculator

A personal loan EMI calculator helps you calculate your monthly installments for a loan beforehand so that you can plan your repayment accordingly. All you have to do is enter your principal amount, interest rate, and loan tenure in months.

CIBIL Score required for Personal Loan Udipi

A CIBIL score refers to your repayment history and shows the banks whether you are a trustworthy borrower or not. The score measure goes as follows:

• Below 550 – poor
• 550 to 700 – fair
• 700 to 750 – well
• above 750 – excellent

While CIBIL score requirements might vary from bank to bank, most lenders would require you to have a score of 750 and above to lend you a personal loan.

If you haven’t availed of a loan before, it does not mean your CIBIL score is 0. In this case, you can show the papers of any rented property under your name, such as an apartment, to show that you are regular in your payments.

Personal Loan Udipi Contact Number

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

Pre Calculated EMI Table for Personal Loan Udipi

About Udipi

Udipi, also know as Udupi or Odipu, is in the southwest state of Karnataka. It is named after its popular Udupi cuisine. It is one of the fastest-growing cities in Karnataka and is also an education hub. It is also known as the temple city and attracts pilgrims all year round from many places. Its top tourist attractions include the Krishna temple and the Kanaka Kindi.

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