All about personal Loan Delhi

Personal Loan Delhi

Do you live in or near Delhi and need a personal loan?

Be sure to check out all the details mentioned down below and apply with bookmyloans.in to get a fair deal on personal loans.

Interest Rates

You want to consider the rate of interest coupled with other fees.

CATEGORY	SALARIED	SELF-EMPLOYED
Lowest Interest Rates	11.99%	14.00%
Processing Fee	1.50% to 3%	Up to 2% of loan amount
Tenure of Loan	24 months to 60 months	12 months to 48 months
Amount of Loan	Rs.1 Lakh up to Rs.25 Lakh	Rs.5 Lakh up to Rs.30 Lakh
Part Prepayment Charges	Allowed after 1 EMI. 2%	Allowed after 1 EMI. 2%
Pre-closure Charges	Allowed after 1 EMI. 4%	Allowed after 1 EMI. 4%

Benefits and Features

There are many reasons why you should think about getting your personal loan Delhi NCR in online.

Digital Application	Online application from the comfort of home.
Credit Range	Rs.50,000 to Rs. 50,00,000 based on your income and other factors.
Dependable	Quick money in hand can play the most important part in your life. Fortunately, no security is required. Hence, you do not have to worry about any asset.
Tailored and Flexible	Additionally, banks allows for schemes whereby they bring in all segments of the socio-economic society.

Documentation

Now, the list below shows options for documents for Personal Loan Delhi:

Identity proof	Passport, PAN Card, Aadhaar card, Voter ID, Driving license or Government issued Identity cards.
Residential Proof	Passport, Driving License, Voter ID card, utility bills such as Electricity/ Telephone/ Mobile bill, bank statement (not more than 3 months old) or similarly a Leave and License agreement.
Income Proof	SALARIED: Last 3 months’ salary slip, last 6 months’ bank account statement showing salary credit and Last 1-2 years Form 16. SELF-EMPLOYED: Income Tax Returns of at least 3 years.
Age Proof	PAN card, Passport, Driving License, Voter ID, Birth certificate, Employee ID card (only for PSU/ Government employees), School/ college leaving certificate.

Eligibility Criteria

Make sure to check eligibility criteria for Personal Loan Delhi.

Income	SALARIED: A net salary of minimum Rs.20,000/-* per month. SELF-EMPLOYED: Turnover of at least 20-25 lakhs, more or less.
Minimum education	The applicant should be a Graduate.
Stability	Moreover, applicant should be living in a city for at least one year.
Job Stability	SALARIED: Minimum work experience of one year is required. SELF-EMPLOYED: Company should be registered for 3 years minimum.
Credit score	Maintain a credit score of 750 or more. As a good CIBIL improves your application.

*varies from city to city

FAQs

1. Are there any foreclosure and part-prepayment charges?

Yes.

2. How do I repay the Loan?

You can pay through E.M.I.s using Electronic Clearance Service. Also through post-dated charges.

3. What is a secure fee for an online application? Also, what if I don’t pay the secure fees online?

The secure fee is a charge for the submission or processing of your application. In response to the second part, you lose the benefit of instant approval.

4. How secure is the information provided by me?

It is secure.

5. Do I have to give any security?

6. Is it safe to use my debit card on this site?

Yes

Chennai

- - Delhi is the largest commercial center in northern India. It is the most or second-most productive metro area of India.
  - Credit demand is generally higher in such cities as people have to maintain a certain standard of living and affordability. Getting personal loans in Delhi is easier than you think.

*Not from Delhi? Or looking for a specific bank? We’ve got you covered!

Find below links to major banks and cities offering personal loans.