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Personal Loan in Siwan
Siwan stands out as a key centre for growth and development in Bihar, celebrated for its vibrant history and cultural significance. In such a fast-moving city, whether you require funds for family celebrations, urgent medical needs, or home improvements, having quick access to financial resources can significantly help you.A Personal Loan in Siwan from Shriram Finance is designed to help you tackle these financial challenges effectively. With loan amounts reaching up to âı10,00,000/-*
Personal Loan Types in Siwan
Shriram Finance offers several types of personal loan in Siwan that are tailored to meet different financial needs:
Features and Benefits of Personal Loan in Siwan
Choosing a Personal Loan in Siwan from Shriram Finance comes with numerous advantages:
Collateral-free Loans
Flexible Repayment Options
Quick Approval Process
Competitive Interest Rates
Regular Reminders
Seamless Experience
Personal Loan Interest Rates and Charges in Siwan
Being aware of the costs associated with a Personal Loan in Siwan is crucial for making sound financial decisions. Shriram Finance provide competitive interest rates that are clear and easy to understand. Our rates start at 11%* p.a.âŻ*, but they can differ depending on factors such as your credit score, income level, and repayment capability.
- Additionally, it important to read all the terms and conditions and other costs, including processing charges that can amount to 3% of the loan value and any penalties if you choose to repay your loan early. You can select the right personal loan in Siwan that fits your needs perfectly.
| 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
Shriram Finance provides a user-friendly EMI calculator on their website. Here how to use it:Enter Loan Amount: Indicate how much money you want to borrow.Select Tenure: Choose your desired repayment period (12 to 60 months
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 Siwan
To apply for a Personal Loan in Siwan, certain eligibility criteria is important:
Eligibility Criteria:- Age: Applicants should be between 21* to 60* years old (on loan closure).
- Nationality: Must be an Indian resident.
- Income: The minimum monthly income requirement varies based on the loan amount.
- Employment Status: Salaried individuals employed with reputable organisations or self-employed professionals.
- Credit Score: A minimum score of 700 is preferred.
- 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 for 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 Siwan
Applying for a personal loan in Siwan 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 Siwan
Shriram Finance has set up several branches throughout Siwan to streamline the application and management of personal loans. We understand the importance of easy access to our services, which is why our branches are strategically located in prominent areas of the city.If you require help with your loan application, have questions about eligibility, or need more details on repayment options, our team is here to assist you at every stage. You can visit us in person for personalised support, ensuring a smooth borrowing experience.For those who find it difficult to visit a branch, we also provide an online branch locator tool on our website that allows you to quickly identify the nearest Shriram Finance branch.We are committed to delivering an exceptional experience by combining convenient access with outstanding customer service. Our goal is to make borrowing straightforward and transparent for everyone in Siwan. Visit your nearest branch today, and let us help you achieve your financial aspirations! Key locations include:
Locate Us
Personal Loan Customer Care in Siwan
If you have any questions or need help regarding a personal loan in Siwan, Shriram Finance offers dedicated customer care services. You can easily reach out by phone or visit any of our branches for personalised support.
Personal Loan Status in Siwan
To check the status of your personal loan application with Shriram Finance, we provide simple and quick options to keep you informed. Here how you can track your application:
- Visit Our Website: Go to the official Shriram Finance site and navigate to the loan status section. Enter your application reference number to receive real-time updates on your loan's progress; this way, you'll stay informed without any hassle.
- Contact Customer Care: If you prefer speaking directly with someone, our dedicated customer care team is ready to assist you by providing accurate information about your loan application status and answering any questions you might have.
At Shriram Finance, we aim to provide a smooth and stress-free borrowing experience. By choosing us, you'll benefit from competitive interest rates along with flexible repayment options and outstanding customer support. Track your application today!
Personal Loan in Major Cities in India
FAQs
What are the eligibility criteria for a personal loan in Siwan?
To qualify for a personal loan in Siwan from Shriram Finance, you need to be an Indian resident aged between 21* to 60* years at the time of loan closure. Additionally, valid identity proof, address proof, income documentation from the last three months, and bank statements from the past six months are required.
What is the interest rate on a personal loan in Siwan?
The interest rates for a personal loan in Siwan from Shriram Finance start at 11%* p.a.âŻ, depending on various factors such as credit score, income level, and repayment capacity.
Are personal loans in Siwan unsecured?
Yes, personal loans offered by Shriram Finance in Siwan are unsecured loans; this means they do not require collateral, but having a good credit score is essential for approval.
Can I prepay or foreclose my personal loan in Siwan?
Yes, prepayment or foreclosure of your personal loan in Siwan with Shriram Finance is possible; however, prepayment charges may apply according to the terms outlined in the loan agreement.
Can I apply for a personal loan online in Siwan?
Absolutely! You can easily apply online through the Shriram Finance website; this process has been designed for convenience so that you can complete your application from home.
How can I check my personal loan application status in Siwan?
You can check your application status by visiting the Shriram Finance website and entering your application reference number; alternatively, contacting customer care will also provide updates.
What is the minimum income required for a personal loan in Siwan?
The minimum income requirement varies based on both loan amount and individual eligibility criteria; generally speaking, applicants should demonstrate sufficient income to meet their repayment obligations.
Are there any hidden charges associated with a personal loan in Siwan?
Shriram Finance values transparency; therefore there are no hidden charges related to their personal loansall applicable fees will be clearly outlined 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.