Vananchal Gramin Bank Personal Loan Key Features Jan 2021
| Eligibility Criteria | Details |
| Age | 21 to 58 yrs(at loan maturity) |
| CIBIL | 750 |
| Vananchal Gramin Bank Personal Loan Interest Rate | 9.99% p.a. |
| Lowest EMI per lakh | NIL |
| Tenure | 12 to 36 Months |
| Vananchal Gramin Bank Personal Loan Processing Fee | 1%-2% |
| Prepayment Charges | Decided by bank |
| Part Payment Charges | Decided by bank |
| Minimum Loan Amount | Rs. 5000 |
| Maximum Loan Amount | Rs. 40 Lakhs |
Vananchal Gramin Bank Personal Loan Eligibility Criteria
Personal loan eligibility criteria:
| CIBIL score Criteria | 700 and above |
| Age Criteria | 21-58 years |
| Min Income Criteria | 25,000/- |
| Occupation Criteria | salaried/self-employed |
Vananchal Gramin Bank Personal Loan Interest Rate and Charges
| Vananchal Gramin Bank Personal Loan Interest Rate | 9.99% per annum |
| Vananchal Gramin Bank Personal Loan Processing Charges | 1%-2% |
| Prepayment Charges | Depends on the bank |
| Stamp Duty | nil |
| Cheque Bounce Charges | nil |
| Penal Interest | nil |
| Floating Rate of Interest | nil |
Vananchal Gramin Bank Personal Loan Documents Required
| Form | Duly filled application form |
| Proof of Identity | Passport copy, driving license, Aadhar card, Voter ID card, PAN card, Government department ID card. |
| Proof of Address | The Latest bank account statement, latest electricity bill, latest mobile/telephone bill, credit card statement, Existing house lease agreement. |
| Proof of Income | Latest salary slip showing all deductions or Form 16 along with a recent salary certificate (for salaried individuals). Income Tax Returns of 2 previous financial years (for other than salaried individuals) |
Vananchal Gramin Bank Personal Loan EMI Calculator
Vananchal Gramin Bank Personal Loan Compared to Other Banks
| Bank | Interest Rate | Tenure | Loan Amount & Proc Fee |
| Vananchal Gramin Bank | 9.99% | 12 to 60 months | Up to Rs. 50 lakh / varies depending on the loan amount |
| HDFC Bank | 11.25% to 21.50% | 12 to 60 months | Up to Rs. 40 lakh / Up to 2.50% of the loan amount |
| Bajaj Finserv | Starting from 12.99% | 12 to 60 months | Up to Rs. 25 lakh / Up to 3.99% of the loan amount |
| Axis Bank | 15.75% to 24% | 12 to 60 months | Rs. 50,000 to Rs. 15 lakh / Up to 2% of the loan amount |
| Citibank | Starting from 10.99% | 12 to 60 months | Up to Rs. 30 lakh / Up to 3% of the loan amount |
| Private Bank | 11.50% to 19.25% | 12 to 60 months | Up to Rs. 20 lakh / Up to 2.25% of the loan amount |
Why should you apply for Vananchal Gramin Bank Personal Loan with Dialabank?
Dialabank helps you to choose the best possible option in the banks by giving you updates on a market comparison of various banks so that you can make the right choice. At Dialabank we have guided thousands of applicants to take the loan that they need without any trouble and look forward to doing so. 
Apply today to get the special offers and discounts on a Vananchal Gramin bank personal loan. You can call us on 9878981166 to get a Vananchal Gramin Bank personal loan.
How to Calculate EMIs for Vananchal Gramin Bank Personal Loan
This information is needed to calculate your Vananchal Gramin bank personal loan EMI: the amount of the loan, the interest rate, and the time period of the loan.
Add these values to the given calculator to find your monthly EMIs.
Vananchal Gramin Bank Personal Loan Processing Time
Processing time would tell how long it takes to process an application under normal situations. It usually starts the day we get the application from the bank and ends when we make the final decision regarding what loan we want and the amount to get credited.
Vananchal Gramin Bank Personal Loan Pre-closure Charges
The pre-closure charges are charged based on the bank’s discretion. There is no fixed or pre-determined pre-closure charge.
Pre Calculated EMI for Personal Loan
Different Offers For Vananchal Gramin Bank Personal Loan
Vananchal Gramin Bank Personal Loan Balance Transfer
A personal loan balance transfer is a process in which the applicant moves the outstanding principal of the personal loan from one lender to another in order to gain from the other terms such as a lower interest rate on the outstanding loans.
Vananchal Gramin Bank Personal Loan Top Up
A top-up loan is given to customers who have an existing account with the bank, the eligibility criteria are basic for the top-up plan. A customer who has taken a loan from the bank, irrespective of the type of the loan is taken, is eligible for a top-up loan.
Vanachal Gramin Bank Personal Loan Overdraft Scheme
Vanachal Gramin Bank Personal Loan Offers an Overdraft Scheme. With this, you are provided with a loan amount as an overdraft facility. It works like a Credit Card, where you can spend your Personal Loan Amount as you want anytime anywhere. The overall loan amount will have a Credit/Loan Limit. In the Vanachal Gramin Bank Personal Loan Overdraft facility, the bank charges interest only on the amount you withdraw/utilize.
Vananchal Gramin Bank Personal Loan Status
You can check the status of your Vananchal Gramin bank personal loan by using the following ways:
- You could also visit the nearest loan branch and ask the bankers also for the same.
- Log In to the bank’s net banking portal, click on the loans from the top icon and click on enquire to check the status of your personal loan.
- Search for ‘personal loan status’ on google, click on the first link which will direct you to the loan status tracker webpage of Vananchal Gramin bank and fill the needed information to monitor the status of your loan.
How to Apply for Vananchal Gramin Bank Personal Loan?
To get a personal loan is very easy, you would have to: visit Dialabank and fill in the application form. After this, you would get a call from us. Our experts will then assist you through the complete procedure and fill you in with the details about the loan.
FAQs About Vananchal Gramin Bank Personal Loan
✅ How does Vananchal Gramin Bank personal loan work?
Since it is an unsecured loan you wouldn’t have to submit any collateral security to the bank, all you have to do is submit basic documents for KYC and income proof. You would just have to visit the branch with an application form and the necessary documents, the loan amount would then be credited into your bank account. You can use this money to fund all your needs and pay the same in easy monthly installments.
✅ What is the procedure of personal loans in Vananchal Gramin Bank?
The process to get a personal loan with Vananchal Gramin bank is completely hassle-free. You can apply for a personal loan in Vananchal Gramin bank by visiting the nearest branch with your required personal documents, through a Vananchal Gramin Bank ATM, or by using the Vananchal Gramin bank’s loan assistance app. You can also contact us and apply wit Dialabank for simple and customized assistance.
The steps are:
- Calculation of loan amount required as per your need
- Checking your loan eligibility online or by visiting the branch
- Approaching the bank via your preferred method (online or offline)
- Submitting the required documents with the banker,
- Disbursal of loan amount once your application and documents have been verified and approved.
✅ How much EMI on Vananchal Gramin Bank personal loan?
An EMI is a fixed amount that has to be paid by the applicant to the bank at a specific date every month. The lowest interest rate available is 9.99% p.a.
✅ How much CIBIL score is required for a personal loan from Vananchal Gramin Bank?
The CIBIL score should be 750 and above for Vananchal Gramin Bank personal loan.
✅ What can I use Vananchal Gramin Bank personal loan for?
You could use your loan from Vananchal Gramin Bank for various financial requirements such as managing your marriage expenses or that of a relative, pay your bills, manage your expenses, refurbish or repair your home, etc. The number of opportunities is countless, and Vananchal Gramin Bank would guide you financially through it all.
✅ What documents are needed for Vananchal Gramin Bank personal loan?
The documents needed are a copy of PAN card or Form 60 (along with reasons for not having a PAN card), KYC documents: proof of identity and proof of address along with two recent passport-sized color photographs.
✅ What is Vanachal Gramin Bank Personal Loan closure procedure?
- Just go to the bank with the documents.
- Write a letter for pre-closure of Vanachal Gramin Bank Personal loan account.
- Pay the pre-closure charges as per Vanachal Gramin Bank Personal Loan.
✅ What is Vanachal Gramin Bank Personal Loan preclosure charges?
Vanachal Gramin Bank Personal Loan preclosure charges are Nil.
✅ What is Vanachal Gramin Bank Personal Loan overdraft scheme?
For simplifying the process and providing you with a hassle-free service while processing an overdraft scheme at Vanachal Gramin Bank Personal Loan is provided, it gives you an online way to get your own overdraft, also known as Smartdraft – Overdraft Against Salary. You do not need to visit bank branches and go through a boring process. Just log in to Vanachal Gramin Bank online banking portal and from there you can fill out a simple form and get an overdraft under your name.
✅ What is Vanachal Gramin Bank Personal Loan maximum tenure?
Vanachal Gramin Bank Personal loan maximum tenure is 36 months.
✅ What is Vanachal Gramin Bank Personal Loan minimum tenure?
DCB Bank Personal Loan minimum tenure is 12 months.
✅ What is Vanachal Gramin Bank Personal Loan customer care number?
The customers get in touch with the bank via call on 9878981166.
Special Note: An individual must examine the whole EMI amount payable to the lender with the Personal loan EMI calculator.
