About Personal Loan
Personal Loan can be used for any Immediate Financial Needs like Children's Education, Medical Emergencies, Wedding Expenses, Home Renovation, Starting a Business or even for closing any other Financial Liabilities. The features of our Personal Loans are “No pre-payment and foreclosure charges”, “loan amount starting from Rs. 50,000 to Rs. 15,00,000”, “flexible repayment tenure”.
Personal Loans are flexible with minimal documentation, has fast approval mechanism and are open for all those who have a secured/regular income, irrespective of the purpose of application.
Personal Loan, as the name signifies, is funds give to individuals for personal purpose, without any restrictive conditions. Sometimes you just need some extra money.
Deals4Loan is an Authorized Direct Selling Agents of various National, Multinational and Non Banking Financial Companies for promoting their sales for asset division. Apply for Personal Loan Now
Deals4loan can provide Personal Loan from:-
Personal Loan from Private Bank: Bandhan Bank, Corporation Bank, DCB Bank, Federal Bank, IDFC Bank, Indian Bank, Indian Overseas Bank, Oriental Bank of Commerce, South Indian Bank, HDFC Bank, ICICI Bank , Yes Bank, Axis Bank, Kotak Mahindra Bank, Standard Chartered Bank, HSBC Bank, Deutsche Bank, Induslnd Bank and RBL Bank.
Personal Loan from Non Banking Financial Company (NBFC): DHFL Home, Indiabulls, Tata Capital, Bajaj Finserv, Capital First, Fullerton India, Aditya Birla Finance, LIC Housing Finance, Magma Fincorp, Reliance Capital and Tata Capital.
Deals4loan will get you an approval in Less Processing Time, Easily Available Loan, Lowers Interest Rates, No Agent or Middleman Charges. Apply for Personal Loan Now
Purpose of Personal Loan :-
- Marriage, Holiday, Medical, education, pay off higher loan of credit cards etc.
- Buying Consumer Durables like TV, Fridge
- House extension, Repairs
- Help you build or improve your credit by adding another line of credit to your credit report. Your lender will report your monthly payments to the three credit bureaus—Equifax, Experian and TransUnion
Who is eligible for Personal Loan? :-
- Salaried Employees
- Salaried Director of Company Holding less than 10% shareholdings
- Self Employed Professionals
Characteristics of Personal Loan Are :-
- Personal Loan is given as a certain percentage of the Net Earning [For salaried: - Net Salary credited to bank; and for professional: - Certain Percentage of Receipts]
- Finance from Rs. 1 Lacs to Rs.75 Lacs is provided.
- It is calculated on EMI [Equated Monthly Instalment] paying capacity of the borrower. In general, a person is assumed to be eligible to payEMI up to 70% of NTH Salary.
Therefore for the purpose of obtaining the maximum loan amount a borrower is eligible to obtain by considering:-
- Only Net take home salary to be considered for eligibility
- Existing liabilities: EMI on current loan of all types in a month
- 70% of balance left.
- Rate of interest and tenure on per Lacs factor.
- Balance amount as above divided by factor per month.
- Interest rates on the personal loan may range from 11.49% to 18%.
- With the tenure of the loan up to 12 months to 60 Months.
- Processing Fees of 999/- - 2% is charged on loan amount, which is deducted from the disbursed amount.
Know more about Personal Loan
Personal Loan Interest Rates
Deals4Loan has clearly explained about Personal Loan Interest rate. If you want to apply for Personal Loan with the lowest interest rates as applicable to your unique credit profile, Deals4Loan can guide you through the entire application process and match you with the best offerd interest rates suited to your credit needs. Read more...
Personal Loan Documentation
Enjoy a wide range of benefits, speedy documentation, and competitive rates when you choose a Personal Loan. You can meet all your financial needs Children's Education, Medical Emergencies, Wedding Expenses, Home Renovation, Starting a Business or even for closing any other Financial Liabilities without any hassles. Read more...
Personal Loan Frequently Asked Questions (FAQ)
Have a Question regarding Personal Loans? Check out Frequently Asked Questions about Personal Loans. Find the answers to all your Personal Loan queries and Get your clarification. Read more...
Why choose Deals4Loan for taking Personal Loan in Delhi NCR
- Easily Available: - Personal Loans are offered at reasonable interest rates and it is easy and convenient to get Personal Loan from in comparison to Personal Loans from other Banks or NBFCs.
- No Agent or Middleman Charges: - In order to get Personal Loan, you do not have to pay any agent or middleman charges. Deals4Loan as your Loan Agency help you avoid unnecessary delays and expenses. You can directly approach the Deals4Loan for Personal Loan for the immediate financial need.
- Unsecured Loan: - Personal Loan is an unsecured loan. There is no collateral security required in order to get this Personal Loan. All that is required is your ability to pay back the money. You are not required to mortgage any of your assets or provide for any kind of guarantee.
- Less Processing Time: - Deals4Loan guarantees that the processing time involved in getting Personal Loan is very less.
- All Purpose Loan: - Personal Loans is such where it is not mandatory for you to specify the cause for which you are to use the money. You can use the amount credited in your name for any purpose.
- Minimum Paperwork: - Deals4Loan ensures that getting a Personal Loan does not require verification of any asset or any other kind of proofs and certificates that involve a lot of paperwork.
- Schemes and Offers: - Deals4Loan keeps you updated with special schemes and offers of Personal Loans for professionals like Chartered Accountants, Doctors and Architects etc.
- Amount and Tenure: - Personal Loans are offered ranging from Rs15K to Rs 20 lakh. The repayment can be made through EMIs which is an option available. Loans tenure may depend upon the amount borrowed and may be from 12 months to 60 months. Deals4Loan advices its customer to opt for Personal Loan instead of going for borrowing cash from credit card as the interest rate is comparatively low for Personal Loan.
Deals4Loan will get you an approval in quickest possible time. All you need to do is visit Deals4Loan.in and fill an enquiry form. You can also drop a mail to [email protected] or call to +91-8700253734. A Deals4Loan representative will get in touch with you and collect your documents from your doorstep.