1. Fill the Application Form
2. Submit all the Documents with a recent photograph
3. Check and Compare the Rates with Other Banks
You can easily avail the personal loan with a maximum limit of 15 lakhs and minimum limit of Rs 50,000.
An individual can easily avail the loan for a tenure of 12 to 60 months. It also depends on the different banks after considering the income eligibility. As per the loan policies, different banks calculate the policies differently.
Yes, depending on the cost of loan the fee deducted is around 1.5-2% of the total amount of the loan taken. Apart from this, you will have to pay the applicable Service Tax.
• Agriculture Loan
• Travel Loan
• Wedding Loan
• Credit Card Repay Loan
• Gold Loans
The banks generally take around 4-5 days to get the application approved for the Personal Loan.
Yes, you might have to pay little extra charges such as the Documentation Charges, EMI Bounce Charges etc. We would suggest you read your agreement carefully at the time of applying for the loan.
While going for the foreclosure you need to make sure that all your dues are cleared. The first process is to check for all the dues and get the remaining amount cleared. You are required to get a foreclosure statement from your lender. After getting all the dues cleared you can submit the request for the process of foreclosure. Generally, there are no charges for the pre closure of the Personal Loan account.
Yes, the banks have the process of getting the part payment on the loan. At the nearest branch locations, you can get the part payment process. This will help you to either reschedule your EMI or reduce the overall time period of the loan process.
There are 3 different options that will help you to make your Personal Loan Payment:
1. Standing Instruction
2. Electronic Clearing Services
3. Post Dated Cheques