Apply for Personal Loan

Preliminary Information
Personal Details ( Please enter your name as per PAN card )
Permanent Address (Same as above)
Employment Details

Dena Bank Personal Loan Interest Rate -

Particulars Salaried
Interest rate Fixed Rate of 13% p.a. under Corporate Salary Scheme tie-up.
Fixed Rate of 14% p.a. for others.

Loan Amount Minimum: Rs.15000/-
Maximum: Up to 9 times of gross monthly income subject to a maximum of Rs.1 lakh.

Loan Tenure Maximum up to 3 Years 
9 times of NMI: 3 Years 
6 times of NMI: 2 Years
3 times of NMI: 1 Year 
*NMI stands for Net Monthly Income.

Lowest EMI It is Rs.506/- per month for those confirming to the Corporate Salary Scheme tie-up scheme and for others, it is Rs.513/- per month. (As calculated for the minimal loan amount and for longest tenure enabled at the lowest interest rate available.)

Processing Fee 1% of the loan amount sanctioned.

Age Minimum: 22 years old
Maximum: 55 years old
Prepayment/Foreclosure Charges None

The personal loan interest rates of Dena Bank from the past few years have been varied within 1%-2%. RBI, on the other hand by making certain modifications in the repo rate has resulted in the interest rate getting critically low. Moreover, the personal loan interest rates could be as high as 15% or as low as 12% as per June 2015, and for both self-employed and salaried individuals, it is applicable. The interest rate depends on the type of customer, and different customers avail different interest rate schemes.

Dena Bank Personal Loan Interest Rates Key Points:

The salaried individuals can easily avail the benefits of Dena Bank Personal Loan, but they have to fulfill the required eligibility criteria.

  • The rates of interest for personal loans offered by Dena Bank are liable to change according to the Repo Rate set by the RBI.
  • The rates of interest for personal loans offered by Dena Bank are not floating but fixed and are among the lowest available rates.
  • The most of the Dena Bank Personal loans don't require any collateral and the interest rate attached to it won’t be affected.
  • Dena Bank will consider your credit score when you approach for a personal loan. And depending on your credit score, the interests may vary.