- Gold Price
Gold | 24k (999 Purity)
Silver | 24k (999 Purity)
- Profile IconRegister / Login
Notifications5
Terms and Conditions
Personal Loan in Sikar
Sikar is known for its rich history and is a city that blends tradition with modernity. Located in Rajasthan, it is famous for its beautiful havelis and temples, attracting visitors from all over. But as the city develops into an economic hub, the demand for financial services is on the rise. Residents in Sikar are increasingly on the lookout for quick access to funds for diverse needs.Personal loans can provide the financial flexibility needed to achieve these goals. Shriram Finance offers tailored personal loan options that allow residents of Sikar to access funds quickly and efficiently. Whether you are planning a wedding or going on a family vacation, trust Shriram Personal Loan to meet your specific needs with ease.
Personal Loan Types in Sikar
We provide a variety of personal loan options in Sikar to cater to different requirements:
Features and Benefits of Personal Loans in Sikar
Opting for Shriram Finance for your personal loan comes with several advantages. We have discussed a few of them below for your understanding:
Flexible Repayment Options
Competitive Interest Rates
No Collateral Required
Fast Approval
Seamless Digital Experience
On-time EMI Alerts
Personal Loan Interest Rates and Charges in Sikar
Understanding the costs associated with your Shriram Personal Loan can help you make informed borrowing decisions:
| Type of Fees | Applicable Charges |
|---|---|
| Interest Rate | Starting from 11%* p.a. |
| Processing Fees | Up to 5%* |
| Prepayment Charges | Up to 5%* |
| Late Payment Fees | 36%* p.a. |
These charges ensure transparency and affordability.
How to Use the Personal Loan EMI Calculator
Utilise our EMI calculator in just a few simple steps to manage your EMIs and interest outgo effectively. Enter the loan amount, interest rate, and tenure to estimate your monthly payments and plan your instalments well ahead of time.
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 Sikar
To qualify for a personal loan in Sikar from Shriram Finance, ensure you meet these criteria:
Eligibility Criteria:- Employment Status: Employed individuals with reputable companies or self-employed professionals
- Nationality: Must be an Indian citizen.
- Credit Score: A minimum score of 700 is typically preferred.
- Age: Applicants should be aged between 21* to 60* years (at loan closure).
- Income: Minimum income requirements vary depending on the requested loan amount.
- Required Documents:
- Identity Proof
- PAN Card
- Passport
- Driving License
- Voter ID
- Address Proof
- Passport
- Driving License
- Utility Bill (like a gas or water bill)
- Other Documents
- Income proof documents for the last three months
- Bank statements for the last six months
- One cancelled cheque along with an ACH form for Electronic Clearing Mandate (eNACH)
- Recent passport-size photographs
Step-by-Step Application Process for Personal Loan in Sikar
Follow these simple steps to apply for a personal loan in Sikar with Shriram Finance:
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 Sikar
With multiple branches all over Sikar, Shriram Finance provides convenience for customers looking to apply for or manage their loans. Key locations include:
Locate Us
Personal Loan Customer Care in Sikar
Shriram Finance is here to resolve all your queries on your personal loan application. You can reach out to our dedicated customer service via phone or visit any branch for personalised support.
Personal Loan Status in Sikar
Here how you can check your personal loan application status.
- Visit our website and enter your application reference number
- contact customer care for updates.
Choosing Shriram Finance means you can enjoy a seamless borrowing experience tailored to meet your financial needs in Sikar.
Personal Loan in Major Cities in India
FAQs
What are the eligibility criteria for a personal loan in Sikar?
You must be an Indian citizen aged between 21* to 60* years at the time of loan closure to apply for a personal loan from Shriram Finance. You will also need valid identity proof and address documentation along with recent income statements and bank statements.
What is the interest rate on a personal loan in Sikar?
The interest rates for personal loans from Shriram Finance in Sikar start at 11%* p.a. But you must also remember that these rates can vary based on factors such as your credit score and income level.
Are personal loans in Sikar unsecured?
Yes, personal loans offered by Shriram Finance in Sikar are unsecured. This means that no collateral must be pledged. But having a good credit score is essential for approval.
Can I prepay or foreclose my personal loan in Sikar?
Yes, you can prepay or close your personal loan with Shriram Finance in Sikar. Just keep in mind that prepayment charges may apply as outlined in your loan agreement.
Can I apply for a personal loan online in Sikar?
Certainly! You can easily apply online through the Shriram Finance website or the Shriram One mobile app. The process is designed in a way that you can complete it from home.
How can I check the status of my personal loan application in Sikar?
Visit our website and enter your application reference number to check the status of your loan application. You can also contact customer care for further assistance regarding your application.
What is the minimum income required for a personal loan in Sikar?
The minimum income requirement varies depending on the desired loan amount and individual eligibility criteria, like credit score and income level. Check our section on eligibility criteria for more clarity.
Are there any hidden charges for personal loans in Sikar?
All applicable fees will be clearly communicated during the personal loan application process with Shriram Finance. We believe in open communication and transparency. And as a customer you need not worry about hidden charges.
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.