- Gold Price
Gold | 24k (999 Purity)
Silver | 24k (999 Purity)
- Profile IconRegister / Login
Notifications5
Terms and Conditions
Personal Loan in Bathinda
Bathinda is a city where many individuals seek financial support for various needs. Shriram Finance provides personal loans designed to help manage expenses effectively. With a Shriram Personal Loan in Bathinda, residents can address urgent costs or achieve their aspirations. The company offers a variety of loan options tailored to meet different requirements. Whether funding education, covering medical bills, or planning a family event, Shriram Finance is ready to assist. Quick approval times and competitive interest rates ensure that funds are accessible when needed. Shriram Personal loans are collateral-free, allowing borrowers to secure up to ₹10,00,000/-*
Personal Loan Types in Bathinda
Shriram Finance offers multiple personal loan options in Bathinda designed to meet various needs:
Features and Benefits of Personal Loan in Bathinda
Choosing Shriram Finance for a personal loan in Bathinda comes with various advantages:
Flexible Repayment Options
Collateral-free Loans
Competitive Interest Rates
Quick Approval
Seamless Experience
Regular Reminders
Personal Loan Interest Rates and Charges in Bathinda
Being aware of the expenses related to a personal loan in Bathinda is essential for making informed financial decisions. Shriram Finance provides competitive interest rates designed to be both affordable and transparent. Rates start at 11%* p.a. but may vary depending on factors like your credit score, income level, and repayment ability.
- It's also crucial to consider additional charges such as processing fees and prepayment penalties. The company focuses on clear communication throughout the application process so that borrowers know what to expect.
- Understanding these costs can assist individuals in planning their finances better and choosing the right personal loan in Bathinda. With Shriram Finance, navigating financial journeys becomes simpler, allowing residents to pursue their goals with confidence.
| Type of Fees | Applicable Charges |
|---|---|
| Interest Rate | Customised interest rates starting from 11%* p.a. |
| Processing Fees | Up to 5%* |
| Prepayment Charges | Up to 5%* |
| Late Payment Fees | 36%* p.a. |
These rates are designed to provide affordability while maintaining transparency.
How to Use the Personal Loan EMI Calculator
To manage finances effectively, having suitable tools at hand is essential. The personal loan EMI calculator offered by Shriram Finance serves as a helpful resource. This tool aids in clarifying one’s financial commitments. Using it is simple and efficient. Input the desired loan amount, applicable interest rate, and tenure into the calculator. Once this information is provided, it will display an estimate of monthly payments owed. This insight is vital for budgeting as it shows how much needs to be set aside each month for repayments. A clear understanding of your EMI can facilitate informed borrowing decisions. By leveraging Shriram Finance's personal loan EMI calculator, you can make meaningful progress toward achieving your financial goals with clarity.
STEP 01
Required loan amount
STEP 02
Interest rate
Min 11%
Max 42%
STEP 03
Min 12 months
Max 60 months
Personal Loan Calculator Summary
Loan
Loan Amount
₹ 50,000
Interest Payable
₹ 3,029
Monthly EMI
₹ 4,419
Eligibility and Documentation Criteria for Personal Loan in Bathinda
To qualify for a personal loan in Bathinda from Shriram Finance, ensure you meet the following criteria:
Eligibility Criteria:- Nationality: Must be an Indian resident.
- Employment Status: Salaried individuals employed with reputable organisations or self-employed professionals.
- Credit Score: A minimum score of 700 is preferred.
- Age: Applicants should be between 21* to 60* years old (on loan closure).
- Income: Minimum monthly income requirement varies based on the loan amount.
- Required Documents:
- Identity Proof
- Passport
- Driving License
- Voter ID
- PAN Card
- Address Proof
- Passport
- Driving License
- Gas Bill with Gas book
- Other Documents
- Recent passport-size colour photographs
- Income Proof Documents of Last 3 months
- Bank Statement for the last six months
- One cancelled Cheque and ACH form for the Electronic Clearing Mandate (eNACH)
Step-by-Step Application Process for Personal Loan in Bathinda
Applying for a personal loan in Bathinda with Shriram Finance is straightforward:
Step 1
Visit the official website or the nearest branch.Step 2
Fill out the online application form with the necessary details.Step 3
Submit the required documents for verification.Step 4
Wait for approval, which typically takes less than 24 houStep 5
Upon approval, funds will be disbursed directly to your bank account.
Our Personal Loan Branches in Bathinda
Shriram Finance provides personal loan services in Bathinda, featuring streamlined application and management processes. Our location ensures accessible financial solutions for residents requiring personal loans. Whether assistance is required with loan applications, questions about eligibility criteria, or clarification on repayment terms, Shriram Finance stands ready to help at every stage. Customers can visit in person for personalized guidance that ensures a smooth borrowing process. For those who prefer not visiting physically, an online branch locator tool on the website helps find nearby Shriram Finance locations easily. The goal is to create a seamless experience by blending accessible services with exceptional customer support. The aim is to make borrowing straightforward and clear for all residents of Bathinda. Visit your nearest branch today and take steps toward achieving your financial goals!
Locate Us
Personal Loan Customer Care in Bathinda
If you need help or have questions about a personal loan in Bathinda, Shriram Finance offers dedicated customer care services. You can reach out via phone or visit any branch for tailored assistance.
Personal Loan Status in Bathinda
To monitor the status of a personal loan application with Shriram Finance, there are straightforward ways available for updates. Here’s how you can check:
- Visit Our Website: Go to the official Shriram Finance website and navigate to the loan status section. Input your application reference number for real-time updates on how things stand, keeping everything hassle-free.
- Contact Customer Care: If speaking directly with someone is preferred instead; our dedicated customer care team stands ready assisting whenever needed.
At Shriram Finance; we prioritise delivering seamless experiences ensuring every step taken remains stress-free throughout entire processes involved obtaining financing tailored specifically towards needs. Track that application today!
Personal Loan in Major Cities in India
FAQs
What are the eligibility criteria for a personal loan in Bathinda?
Qualifying for a Shriram Finance personal loan in Bathinda requires Indian citizenship and age between 21* to 60* years at loan termination. Required papers include identity verification, address proof, three-month income documentation, and six months of banking records.
What is the interest rate on a personal loan in Bathinda?
Shriram Finance offers personal loans in Bathinda with rates initiating at 11%* p.a. Individual rates are calculated based on credit standing, income assessment, and repayment capacity.
Are personal loan in Bathinda unsecured?
Indeed, personal loans from Shriram Finance in Bathinda don't need any collateral backing. Still, maintaining a good credit score is crucial for approval.
Can I prepay or foreclose my personal loan in Bathinda?
Shriram Finance provides the flexibility to clear your Bathinda personal loan ahead of schedule. Note that early settlement fees may apply as per agreement terms.
Can I apply for a personal loan online in Bathinda?
Absolutely, Bathinda residents can submit loan applications via Shriram Finance's website. The digital platform enables convenient application completion from home.
How can I check the status of my personal loan application in Bathinda?
Monitor your application progress on Shriram Finance's web portal using your reference number. The support staff can provide additional status information.
What is the minimum income required for a personal loan in Bathinda?
Income requirements depend on the loan amount and eligibility criteria. The focus is on ensuring adequate income for monthly repayments.
Are there any hidden charges for personal loan in Bathinda?
Shriram Finance maintains complete transparency with no concealed fees. All charges are explicitly detailed during the application process.
Disclaimer
The information provided in this guide is for educational purposes only and should not be considered financial advice. Always consult with a financial advisor before making investment decisions related to fixed deposits or any other financial products.