Personal Loan Chandigarh

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.

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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

Personal Loan Chandigarh

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–MohaliPanchkula 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.

You can also visit loannow.in