Personal Loan Vadakara

Are you running short on cash? Do not worry. A personal loan is available for you. This loan is unsecured in nature with minimal documentation and less paperwork. This loan can get approved within 48 hours after the verification process.

Personal Loan Vadakara is an unsecured loan that provides financial aid to customers at affordable interest rates. To get a Personal Loan, the applicant needs to have a rigid and good source of income and has a good credit history.

Furthermore, there is no end-use restriction on the use of the personal loan amount. You can use this loan amount anywhere you want to do.

Personal Loan in Vadakara Interest Rate and Charges

The interest rates in a Personal Loan depends upon the company’s profile and salary of a person. The interest rate of a personal Loan starts from 7.35% per year.

More About: Interest Rates on Personal Loan

Why Apply for Personal Loan Vadakara?

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

Personal Loan in Vadakara Eligibility Criteria

The eligibility criteria for both Salaried and Self-Employed are different:

Salaried Applicants

1. The minimum age requirements of an 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 minimum income in metropolitan city RS 18,000 and in non -metro city RS 12,000

Click here to know more about- 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 applicant has to submit his financial and his bank statement of the previous three months.

Click here to know more – Self-employed Applicant.

Personal Loan in Vadakara Documents Required

1. Residence proof: the documents required for the residence proof includes (Passport / ID card / Voter card / Aadhaar card / Ration card / Driving license), and if the applicants are living in rental apartments then they have to submit their Agreement, Electricity bill on his name and address of the owner.
2. Self-employed: the applicants for a personal loan should file ITR for the last three years, and their business should be registered.
3. Salaried applicants: The applicants have to show their salary slip for the last three months and bank statement for the last six months.
4. Under KYC formality, every applicant has to submit his pan card, which is an essential document.
5. Two coloured passport size photos ( Applicants should not wear any glasses)

How to apply for Personal Loan Vadakara?

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

Personal Loan Vadakara Agent and Contact Number 

Dialabank is the leading agent for availing Personal Loan in Vadakara. You can apply online at Dialabank or give a call at 9878981166

About Vadakara

Vatakara or Vadakara is a coastal town in the Kozhikode district in the state of Kerala, India. Vatakara is located between Thalassery and Koyilandy.

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