Apply Personal Loan Online Upto Rs. 25 Lacs
Details on Personal Loan
Personal Loan in Calicut
Overview of Personal Loan in Calicut
Personal Loan in Calicut offers financial help against any kind of financial crunch. Personal Loan in Calicut offers unsecured loan with a repayment tenure up to 5 years. Unsecured Personal Loan in Calicut do not require any mortgage to keep with the financial institutions. With Easy Personal Loan in Calicut, you can meet any kind of financial needs. Instant Personal Loan in Calicut is a multi-purpose loan which you can easily use to pay medical bills, debt consolidation, house renovation, wedding expenses and much more. You can apply for Personal Loan in Calicut online at any time sitting in your home, office or anywhere. You can avail easy Personal Loan in Calicut up to an amount of Rs. 25 lakhs (which may vary) and can pay off using flexible EMIs.
Why you should opt for Personal Loan in Calicut?
Calicut which now known as Kozhikode is a developing city in Kerala. The city is widely developing in business sectors. As a result, the job opportunities have increased and the need for Personal Loan in Kozhikode has also raised. You can easily avail low interest Personal Loan in Kozhikode, if you have CIBIL score of at least 750 or above and a good repaying capacity. But in case of low CIBIL score Personal Loan in Kozhikode, the interest rate charged is high.
Here are the reasons as to why should you opt for Personal Loan in Calicut-
- Online Personal Loan in Calicut is very simple and convenient.
- You can avail Instant Personal Loan in Calicut at low interest rate with repayment tenure up to 5 years.
- Unsecured Personal Loan in Calicut helps to overcome your financial crisis without keeping any collateral or mortgage.
- To obtain low interest Personal Loan in Calicut, you need to pay very minimum processing fees with no hidden charges.
- Low CIBIL score Personal Loan in Kozhikode is charged a higher interest rate compared to high CIBIL score applicants.
- The Personal Loan available in Calicut requires minimum documentation and gets disbursed very quickly.
Eligibility Criteria for Personal Loan in Calicut
The eligibility criteria for Personal Loan in Calicut is quite minimum. You need to maintain a good credit history with a good repaying capacity to be eligible for low interest Personal Loan in Calicut. Also, you can apply for Personal Loan in Calicut at a young age to have a good repaying capacity.
Here are some of the eligibility criteria for Personal Loan in Calicut which must be fulfilled-
|
Personal Loan in Calicut Eligibility Criteria |
Salaried |
Self-Employed |
|
Age |
21-60 years |
25-65 years |
|
Profession |
Work in the private sector, MNCs or government organization |
Partnership firms, Business Professionals, private or public ltd. companies,etc. |
|
Income |
Min- Rs. 20,000 |
Min Turnover- Rs. 1 crore |
|
Work Experience |
At least 2 years of work experience with a minimum 1 year in the present company |
Business Continuity for at least 3 to 5 years |
|
CIBIL score |
750 or above |
750 or above |
|
Loan Amount |
Up to Rs. 25 lakhs (varies for different financial institutions) |
Up to Rs. 30 lakhs (differs for various financial institution) |
Documents required for Personal Loan in Calicut
Here are the list of minimum documents that you need to submit when applying for Personal Loans in Calicut-
- Duly filled application form.
- ID Proof- PAN card, AADHAR card, Driving License.
- Address Proof- Any kind of Utility bills like Water bill, Electricity bill, Driving License, Passport.
- Passport size photo.
-
Salaried Individuals
- Updated bank Statement of last 6 months.
- Details of Form 16.
- Salary slip of last 3 months.
-
Self-employed
- Last 2 years Balance Sheet which is audited, Copy of Profit & Loss statement of last 2 years
- Last 3 years ITR copy.
- Verified copy of Trade License/Memorandum and Articles of Association/Partnership Deed/Sales Tax Certificate
Personal Loan Interest Rates in Calicut of various Financial Institutions
Following is the Personal Loan in Calicut interest rates of various financial institutions which offer Personal Loan in Calicut-
|
Banks |
Loan Tenure |
Interest Rates |
Pre-Closure Charges |
Processing Fees |
|
ICICI Bank Personal Loan in Calicut |
1-5 years |
11.49%* |
5% of outstanding principal + GST |
Rs. 999* |
|
YES Bank Personal Loan in Calicut |
1-5 years |
12.49%* |
Within 12 to 24 months: 4% Within 24 to 36months: 3% Within 36 to 48 months: 2% After 48 months :No charges. |
2% or 3% of the principal |
|
SBI Personal Loan in Calicut |
1-5 years |
12.50%*-16.60%* |
3% of the prepaid amount (after 1st EMI) |
Up to 3% of the loan amount |
|
HDFC Bank Personal Loan in Calicut |
1-5 years |
10.99%* |
Between 2% to 4% of the outstanding principal. |
Up to 2.50% |
|
Axis Bank Personal Loan in Calicut |
1-5 years |
15.50%* |
NIL |
Up to 2.00% |
|
Bajaj Finserv Personal Loan in Calicut |
1-5 years |
14.75%* |
NIL |
Up to 3% |
|
Capital first Personal Loan in Calicut |
1-5 years |
16%* |
4% of outstanding |
Up to 2.49% of the loan amount |
|
Kotak Mahindra Bank Personal Loan in Calicut |
1-5 years |
11.50%* |
5% of outstanding principal. |
Up to 2.5% |
|
IndusInd Bank Personal Loan in Calicut |
1-5 years |
12.99%* |
4% of outstanding principal |
Up to 2.50% |
|
TATA Capital Personal Loan in Calicut |
1-6 years |
13.99%* |
4.5% of the outstanding principal.And NIL for the initial 6 months |
Up to 2% |
|
Aditya Birla Capital Personal Loan in Calicut |
1-5 years |
11.75%* |
4% of principal outstanding in 1st year, 3% in the 2nd year, and thereafter preclosure permitted after 6 months. |
1% of principal. |
|
IDFC First Personal Loan in Calicut |
1-5 years |
10.99%* |
4% of outstanding |
2% – 4% |
|
Fullerton India Personal Loan in Calicut |
1-5 years |
17.25%* |
4% of outstanding principal. |
Up to 2% |
|
Indiabulls Venture Capital Personal Loan in Calicut |
1-5 years |
11.99%* |
5% if less than 6 months. |
Up to 5% |
|
ECL Finance Personal Loan in Calicut |
1-5 years |
17.50%* |
4% of principal amount outstanding+GST |
Up to 2% of the loan amount |
*Interest rates change time to time.
