- Gold Price
Gold | 24k (999 Purity)
Silver | 24k (999 Purity)
- Profile IconRegister / Login
Notifications5
Terms and Conditions
Personal Loan in Durg
Durg is a city with a strong industrial and cultural background, offering numerous opportunities for its residents. However, managing sudden expenses like medical emergencies, home improvements, or higher education can be challenging. A personal loan in Durg can help you meet these financial needs without dipping into your savings. Shriram Finance provides unsecured personal loans of up to ₹10,00,000/-* with flexible repayment options ranging from 12 to 60 months. Since this loan does not require collateral, it is an excellent choice for both salaried and self-employed individuals. Whether you're planning a wedding, a vacation, or require urgent funds, a personal loan in Durg offers a convenient financial solution. With a simple application process, competitive interest rates, and transparent terms, Shriram Finance makes borrowing easy and hassle-free. Take charge of your finances today by applying for a personal loan in Durg.
Personal Loan Types in Durg
Shriram Finance offers a variety of options for a personal loan in Durg to cater to different needs:
Features and Benefits of Personal Loan in Durg
Choosing Shriram Finance for your personal loan in Durg comes with several advantages:
Flexible Repayment Options
Quick Approval
Seamless Experience
Collateral-free Loans
Regular Reminders
Competitive Interest Rates
Personal Loan Interest Rates and Charges in Durg
Before applying for a personal loan in Durg, it’s important to understand the applicable charges. Shriram Finance provides loans at competitive interest rates starting from 11%* p.a. The final rate is determined based on factors such as income, credit score, and repayment capability. Other charges include processing fees, prepayment charges, and penalties for delayed payments. However, all costs are communicated transparently, ensuring no hidden charges.
| 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
Managing finances effectively starts with proper planning. If you are considering a personal loan in Durg, use Shriram Finance’s EMI calculator to estimate your monthly instalments. This calculator is available online. Just enter the loan amount, interest rate, and repayment tenure, and the tool will instantly display your EMI. This helps you assess affordability and plan your repayments accordingly.
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 Durg
To qualify for a personal loan in Durg from Shriram Finance, make sure 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 Durg
Applying for a personal loan in Durg 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 usually takes less than 24 houStep 5
Upon approval, funds will be disbursed directly to your bank account.
Our Personal Loan Branches in Durg
For residents of Durg, Shriram Finance offers easy access to personal loans. Our team is available to guide you through the process, answer your queries, and help with your loan application. If you need personalised assistance, you can visit our branch. Use our online branch locator to find the nearest location. We aim to simplify the borrowing experience and help you achieve your financial goals without any complications.
Locate Us
Personal Loan Customer Care in Durg
For any questions or assistance regarding personal loans in Durg, Shriram Finance provides dedicated customer support. You can contact us via phone or visit the nearest branch for guidance.
Personal Loan Status in Durg
Tracking your personal loan status in Durg is quick and simple with Shriram Finance:
- Online Status Check: Visit the official website and enter your application reference number.
- Customer Assistance: Contact our support team for real-time updates on your loan status.
Shriram Finance ensures a seamless borrowing experience with competitive rates and flexible repayment options. Check your loan status today!
Personal Loan in Major Cities in India
FAQs
What are the eligibility criteria for a personal loan in Durg?
To apply, you must be an Indian resident aged between 21* to 60* years at loan closure. A good credit score and stable income are essential. Documents like identity proof, address proof, and financial statements are required.
What is the interest rate on a personal loan in Durg?
Shriram Finance offers competitive interest rates starting from 11%* p.a. The final rate depends on various factors, including your credit profile and repayment capacity.
Is a personal loan in Durg secured or unsecured?
It is an unsecured loan, meaning you don’t need to provide collateral. However, approval depends on your creditworthiness.
Can I prepay or foreclose my personal loan in Durg?
Yes, you can prepay or foreclose your loan. Applicable charges will be detailed in your loan agreement.
Can I apply for a personal loan online in Durg?
Yes, you can apply online through the Shriram Finance website. The process is simple, and approval is quick.
How can I check my personal loan status in Durg?
You can track your loan application online using the reference number or contact customer support for updates.
What is the minimum income requirement for a personal loan in Durg?
Your income should be sufficient to cover the EMI payments. The exact amount varies depending on the loan amount and Shriram Finance’s criteria.
Are there hidden charges on a personal loan in Durg?
No, Shriram Finance follows a fully transparent process, and all applicable fees are communicated upfront.
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.