All about Personal Loan Cochin
Are you looking for a personal loan in Cochin instantly?
Be sure to check out all the details mentioned down below and apply with bookmyloans.in to get a fair deal on Personal Loan Cochin.
What all things should I be aware of when taking a personal loan from banks in Cochin?
CATEGORY Interest Rates Processing Fee Tenure of Loan Amount of Loan 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%
Digital Application Credit Range Dependable Tailored and Flexible Passport, PAN Card, Aadhaar card, Voter ID, Driving license or Government issued Identity cards. 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. 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. PAN card, Passport, Driving License, Voter ID, Birth certificate, Employee ID card (only for PSU/ Government employees), School/ college leaving certificate.
Income SALARIED: A net salary of minimum Rs.15,000/-* per month. SELF-EMPLOYED: Turnover of at least 20-25 lakhs, more or less. Minimum education Stability Job Stability SALARIED: Minimum work experience of one year is required. SELF-EMPLOYED: Company should be registered for 3 years minimum. Credit score *varies from city to city 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. Is my information safe? It is secure. 5. Do I have to give any security for Personal Loan Cochin? No. 6.Bad CIBIL defaulter. Can I apply? Yes. We will analyse your case and guide accordingly. Kochi , also known as Cochin, is a major port city on the south-west coast 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 Cochin is easier than you think with quick disbursement. *Not from Cochin? Or looking for a specific bank or private provider? We’ve got you covered! What is the best bank to get loan in Cochin with low interest? Find below links to major private and public banks and cities offering cheap personal loans. Interest Rates
You want to consider the rate of interest coupled with other fees.
SALARIED
SELF-EMPLOYED
11.99%
14.00%
1.50% to 3%
Up to 2% of loan amount
24- 60 months
12-48 months
Rs.1 Lakh-Rs.25 Lakh
Rs.5 Lakh- Rs.30 Lakh
Benefits and Features
There are many reasons why you should think about getting your personal loan Cochin online.
Online application from the comfort of home.
Rs.50,000 to Rs. 50,00,000 based on your income and other factors.
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.
Additionally, banks allows for schemes whereby they bring in all segments of the socio-economic society.
Documentation
What are the documents I have to give to get personal loan in Cochin?
Identity proof
Residential Proof
Income Proof
Age Proof
Eligibility Criteria
The applicant should be a Graduate.
Moreover, applicant should be living in a city for at least one year.
Maintain a credit score of 750 or more. As a good CIBIL improves your application.
I still have more questions about personal loans in Cochin.
City