All about Personal Loan Chandigarh
Do you live in Chandigarh and need an instant 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 |
|
Interest Rates
|
11.99%
|
14.00%
|
|
Processing Fee
|
1.50% to 3%
|
Up to 2% of loan amount
|
|
Tenure of Loan
|
24- 60 months
|
12-48 months
|
|
Amount of Loan
|
Rs.1 Lakh-Rs.25 Lakh
|
Rs.5 Lakh- 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 Chandigarh 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 Chandigarh:
| 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 Chandigarh.
|
Income
|
SALARIED: A net salary of minimum Rs.18,000/- 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. |
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?
|
|
No
|
|
6. Is it safe to use my debit card on this site?
|
|
Yes
|
Chandigarh
-
-
- The metropolitan area of Chandigarh–Mohali–Panchkula collectively forms a Tricity.
- Chandigarh has been rated as one of the “Wealthiest Towns” of India. The RBI ranked Chandigarh as the 3rd largest deposit center and 7th largest credit center in the country.
- Credit demand is generally higher in such cities as people have to maintain a certain standard of living and affordability. Getting money in Chandigarh is easier than you think.
*Not from Chandigarh? Or looking for a specific bank or private company? We’ve got you covered!
Find below links to major private and publicbanks and cities offering personal loans.