Personal Loans are given by most major banks and financial institutions to individuals without asking for the requirement or need in Latur. 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 Latur 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 Latur, you must have a good credit history and adequate salary to get your personal loan sanctioned with a Bank or an NBFC in Latur. 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 Latur 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.
If you are looking to find out which bank is best for personal loan in Latur then click on the apply online link and feed in your eligibility. Based on the factors we will present the banks which provide the best deal for your requirement. There are no set criteria for which bank is best for personal loan in Latur as the basis of getting a low interest rate depends entirely on your eligibility. The banks will look at your CIBIL Score, employment, salary and other factors before advancing you a loan. In cases where you do not have a credit score and need a personal loan in Latur without CIBIL check, you can approach private and individual lenders through this platform. We provide a platform that aggregated various types and categories of lenders to suit each requirement.
We provide instant personal loan approval from major banks and NBFCs by evaluating your eligibility and comparing it to their criteria. Personal loan agents in Latur who work with a few banks but will not be in a position to give you the best deal. You also do not have to pay a fee or any charge when you apply for personal loan online. You can access information related to eligibility and documentation for various banks ad NBFCs on our site. Nifty tools like EMI Calculator, Eligibility Calculator and CIBIL Score estimator are also available to facilitate your loan request. Lowest interest rate on personal loan in Latur can be arranged for you given eligibility matches the criteria of financial institutions.
All the major banks and NBFCs in the country have a network in Latur through their many branches. They offer personal loans in Latur along with a lot of other services relating to banking, investment, wealth management and advisory services. The banks have branches across the city which operate and cater to the needs of people at various locations in the city. All banks offer doorstep service for document collection for loan applications.
Eligibility Criteria for Personal Loan in Latur
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 Latur 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 Jan 2019
Find out your customized interest rate for a Personal Loan in Latur?