- Gold Price
Gold | 24k (999 Purity)
Silver | 24k (999 Purity)
- Profile IconRegister / Login
Notifications5
Terms and Conditions
Personal Loan in Bhadrak
Bhadrak is a vibrant town steeped in history and known for its spiritual significance. At Shriram Finance, we completely understand that life can sometimes present unexpected financial hurdles. Thatâs why having access to a personal loan in Bhadrak can truly be a game changer for us. Weâre thrilled to offer a range of personal loan options tailored just for you. Whether youâre dreaming of that perfect holiday, planning a beautiful wedding, or facing an unexpected medical expense, weâre here to lend a helping hand. Our loans come with quick approval processes and competitive interest rates, ensuring you receive the funds you need right when you need them. Whatâs even better? Our loans are unsecured, meaning you can borrow up to âı10,00,000/-* without needing to provide any collateral. With flexible repayment terms ranging from 12 to 60 months, you have the freedom to choose what suits your financial situation best. Applying for a personal loan with us is incredibly simple! You can complete the entire process online from the comfort of your home. Plus, weâll keep you organised with regular reminders about your EMI payments so that you never miss a due date. At Shriram Finance, weâre dedicated to being by your side throughout your financial journey. Letâs work together to turn your dreams into reality with our personal loan in Bhadrak! If you have any questions or need assistance, donât hesitate to reach out, we're always here for you.
Personal Loan Types in Bhadrak
Shriram Finance offers a variety of options for a personal loan in Bhadrak to cater to different needs:
Features and Benefits of Personal Loan in Bhadrak
Choosing Shriram Finance for your personal loan in Bhadrak comes with several advantages:
Seamless Experience
Regular Reminders
Competitive Interest Rates
Collateral-free Loans
Quick Disbursal
Flexible Repayment Options
Personal Loan Interest Rates and Charges in Bhadrak
Understanding the costs associated with a personal loan in Bhadrak is vital for effective financial planning. At Shriram Finance, we strive to simplify this process with our competitive interest rates that are designed to be both affordable and easy to understand.
- Our interest rates start at 11%* p.a.âŻ, but itâs important to note that these rates can fluctuate based on various factors, including your credit score, income, and repayment capacity. Being aware of these elements will help you manage your finances more effectively.
- Itâs also wise to consider any additional fees that may come into play, such as processing charges or penalties for early repayment. We believe in maintaining transparent communication throughout the application process, ensuring you are fully informed from the very beginning.
- By understanding these costs, you'll be better prepared to make informed decisions and select the right personal loan for your needs in Bhadrak. With Shriram Finance by your side, you can navigate your financial journey with confidence and work towards achieving your goals. If you have any questions or need further clarification, please donât hesitate to reach out, we're always here to assist you!
| 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
Effectively managing your finances can significantly enhance your financial outlook, and having the right tools at your fingertips is essential. One fantastic resource we provide at Shriram Finance is our personal loan EMI calculator. This intuitive tool is designed to help you gain a clearer understanding of your financial commitments. Using it is a breeze! Just enter the amount you wish to borrow, the interest rate, and the duration of the loan. Once youâve filled in these details, the calculator will promptly generate an estimate of your monthly repayments. This information is incredibly useful, as it allows you to see exactly what your monthly payments will be, making it much easier to plan your budget. By grasping your EMI, you empower yourself to make informed decisions about your borrowing options. Using our personal loan EMI calculator means you're taking proactive steps towards achieving your financial goals with assurance. If you have any questions or need assistance while using the calculator, please feel free to reach out, we're here to support you every step of the way!
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
âı 50,000
Interest Payable
âı 3,029
Monthly EMI
âı 4,419
Eligibility and Documentation Criteria for Personal Loan in Bhadrak
To qualify for a personal loan in Bhadrak 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 Bhadrak
Applying for a personal loan in Bhadrak 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 Bhadrak
At Shriram Finance, weâve made applying for and managing your personal loans a breeze with our many branches across Bhadrak. We understand how essential it is for you to have convenient access to our services, which is why weâve strategically placed our branches in key locations throughout the town. If you need help with your loan application, have questions about eligibility, or want to discuss repayment options, our friendly team is here to assist you every step of the way. Feel free to visit us for personalised service that guarantees a smooth borrowing experience. Canât make it to a branch? No worries! Our website includes an online branch locator tool that makes it easy to find the nearest Shriram Finance branch. Our aim is to provide a seamless experience that combines accessibility with outstanding customer service. We are dedicated to making the borrowing process as straightforward and stress-free as possible for everyone in Bhadrak. So why not stop by your nearest branch today? Let us help you on your journey towards achieving your financial goals!
Locate Us
Personal Loan Customer Care in Bhadrak
For any inquiries or assistance regarding a personal loan in Bhadrak, Shriram Finance offers dedicated customer care services. You can reach out via phone or visit any branch for personalised support.
Personal Loan Status in Bhadrak
At Shriram Finance, we aim to make it easy for you to monitor the status of your personal loan application. Hereâs how you can effortlessly stay updated:
- Visit Our Website: Simply head over to the official Shriram Finance website and go to the loan status section. By entering your application reference number, you can quickly check the progress of your loan, ensuring youâre always informed with minimal effort.
- Contact Customer Care: If you prefer a more personal touch, our dedicated customer care team is here to assist you. They can provide detailed information about your loan application status and address any questions or concerns you might have.
At Shriram Finance, we are committed to ensuring that your borrowing experience is smooth and hassle-free. By choosing us, you not only benefit from competitive interest rates and flexible repayment options but also receive exceptional customer support. So why wait? Check your application status today!
Personal Loan in Major Cities in India
FAQs
What are the eligibility criteria for a personal loan in Bhadrak?
To qualify for a personal loan from Shriram Finance in Bhadrak, you need to be a resident Indian aged between 21* to 60* years at the time your loan is closed. Additionally, you'll need to provide valid proof of identity and address, along with income documentation for the past three months and bank statements for the last six months.
What is the interest rate on a personal loan in Bhadrak?
At Shriram Finance, the interest rates for personal loans in Bhadrak start at 11%* p.a.⯠However, these rates may vary based on various factors, including your credit score, income level, and repayment capacity.
Are personal loan in Bhadrak unsecured?
Absolutely! The personal loans provided by Shriram Finance in Bhadrak are unsecured, meaning you wonât need to put up any collateral. However, itâs important to maintain a good credit score to enhance your chances of approval.
Can I prepay or foreclose my personal loan in Bhadrak?
Yes, you can certainly prepay or foreclose your personal loan with Shriram Finance in Bhadrak. Just keep in mind that prepayment charges may apply as outlined in your loan agreement.
Can I apply for a personal loan online in Bhadrak?
Yes, you can easily apply for a personal loan online through the Shriram Finance website. The process is streamlined for convenience, allowing you to complete your application from home.
How can I check the status of my personal loan application in Bhadrak?
To find out the status of your personal loan application, simply head over to the Shriram Finance website and enter your application reference number in the designated section. If youâd rather speak to someone directly, our customer care team is always available to provide you with updates and answer any questions you may have.
What is the minimum income required for a personal loan in Bhadrak?
To qualify for a personal loan in Bhadrak, the minimum income requirement can vary based on the amount you wish to borrow and your individual eligibility criteria. Generally, applicants should demonstrate a stable income that allows them to comfortably manage their repayment responsibilities.
Are there any hidden charges for personal loan in Bhadrak?
At Shriram Finance, we prioritise transparency and clarity, which means there are no hidden charges associated with our personal loans. All applicable fees and charges will be clearly outlined during the application process, ensuring that you know exactly what to expect from the outset. We believe in keeping you informed so you can make confident financial decisions.
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.