Personal Loans are given by most major banks and financial institutions to individuals without asking for the requirement or need in Dharwad. They are unsecured loans given from Rs. 50,000 to Rs. 40,00,000 which means that you need not mortgage anything or show an asset. Some reasons for availing a Personal Loan in Dharwad include medical needs, travel, home renovation, wedding, good purchases and so on. Other reasons for which a loan can be availed is to get a top-up loan, balance transfer or debt consolidation.
If you need a Personal Loan in Dharwad, you must have a good credit history and adequate salary to get your personal loan sanctioned with a Bank or an NBFC in Dharwad. Other factors like years of employment, company you work for etc will determine the most important factors like amount, tenure and rate of interest. Some of the banks in Dharwad give you the flexibility to pre-close the loan without any additional charges. Most banks have a pre-closure charge in the 4%-5% range.
Dharwad is also known as Twin city ,is a city in the southern Indian state of Karnataka and also known by other names like Pedha Nagar, Vidya Kash, Dharanagiri and called Chhota Mahabaleshwar city because of its beautiful greenery and climate. Dharward city is the administrative headquarters of Dharward District. The city is named after the king “Dharwa”, ruler of Vijayanagara dynasty the city which was one among different lords of the city inlcuding Sultan and Peshwas. The administration infrastructure of the city is based on its divisions into 67 wards each serviced by elected members.
The economy of the city is based on agriculture and it is home for cultivation of cotton crops and manufacture of textiles. Dharwad is an important hub for education with institutions like Karnataka Institute of Medical Sciences (KIMS), University of Agricultural Sciences, Karnataka State Law University. Since the city maintains its greenery throughout the year it attracts numerous tourists each year who visit places like Nrupatunga Hill, Unkal Lake, Indira Gandhi Glass House Garden, Dharwad Regional Science Center, Banashankari Temple Amargol, Utsav Rock Garden among others.
Multiple banks and NBFCs have branches across the vast city of Dharwad in general. Most provide full service operations in the city with may branches catering to customers with a requirement of personal loans and business loans. Apart from this they also provide the whole bouquet of services including core banking, commercial lending, asset management, investments etc.
We do not take a fee or commission from your amount when you apply for personal loan online in Dharwad through us. We ensure that you get the best deal for personal loan in Dharwad by comparing your details against the eligibility criteria of various banks and NBFCs. Check out our different sections on EMI calculator, CIBIL calculator, Eligibility calculator to find out more about how will be able to get the lowest interest rates for personal loan in Dharwad. We help process requirements in every area across the city of Dharwad. You can get instant personal loan online approval in Dharwad provided you meet the right criteria for a bank or NBFC. Every step will completed as per you convenience with documents collected from your doorstep. Personal loan agents in Dharwad will help you apply with a limited set of banks and might not be able to get you’re the best deal for personal loan. So apply for personal loan online through our site and we will check your ability to get the lowest interest rate for personal loan in Dharwad.
Eligibility Criteria for Personal Loan in Dharwad
Age of the applicant should be between 21-60 Years
Salaried individual with minimum income of Rs 15,000. Salary bracket would depend on the city you live in and the company you work for. Eg. If you are in a Metro, the salary requirement will be higher than non-metro and if you are working in a top MNC, the salary requirement would be lesser than one working with a new company.
Should be staying in the city for at least 1 Year
Total work experience should be at least 2 Years
Basic documentation such as KYC, latest bank statements etc are required
Be informed of the different ways your Personal Loan Rate of Interest in Dharwad is calculated so that you take the right decision when it comes to choosing your loan at the lowest interest rates. Apply below to get started and to know the offers that are available on your Personal Loan in Dec 2018
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