Dena Bank personal loan is most useful to pay for your expenses, arising out of any cause. There is no restriction as to how you utilize the funds. The bank offers a personal loan to people who draw a regular monthly income. One can avail the loan to cover medical expenditures, wedding expenses, vacations, education expenses, etc. there is only one type of personal loan offered by the bank which is called the Dena Suvidha Personal Loan. The Dena Suvidha Personal Loan is one of the best comprehensive loans provided by the bank.
Our website, Loanbaba.com will provide you all details about personal loan Dena Bank.
|Dena Bank Personal Loan Details Updated on|
|Loan Amount||Between Rs. 15 thousand and Rs. 1 lakh|
|Loan Tenure||Up to 36 months|
|Interest Rate||13.00% to 14.00%|
The following key points will help you understand the features and benefits of the personal loans:
The minimum amount of credit given to the applicants is Rs 15,000 while it can go up to Rs 1 lakh. In order to calculate the maximum amount of loan that can be granted, the following criteria are used:
The maximum loan repayment period is 36 EMIs.
The balance gets reduced consistently in order to charge interest. The actual costs will depend on the current rates prevailing at the bank. Thus, it is advisable to check the interest rates before applying for the personal loan.
The loan amount can only be used for legal purposes. However, there is no restriction on how you use the amount till it’s for a legitimate purpose.
Dena Bank has personal loan schemes for professionals and salaried individuals. The amount taken as loan can be used for either multiple or specific purposes.
Loanbaba provides comprehensive information about personal loan schemes by Dena Bank. Keep a note of this page to stay updated with recent information on this bank loan scheme. You can also quickly apply for this loan online on the financial institution's official website without having to visit the bank branch. It is simple and easy, and you can upload all the required documents online. Disbursal is done at the soonest, and you can keep a track of your loan application on the website.
Personal Loan Dena Bank interest rate is between 13.00% and 14.00%, but varies as per individual profile. Keep a check on this page to note the updated Dena Bank Personal loan interest rate for the current year.
Personal loan eligibility may differ from one candidate to another. You can also use free-of-cost Dena Bank personal loan eligibility calculator at Loanbaba.com. The eligibility criteria for Dena Bank personal loan are discussed below:
Below provided are important questions about personal loan Dena Bank.
The eligibility criteria for personal loan Dena Bank are as follows:
The fees and charges for personal loan Dena Bank are mentioned below:
Disclaimer: Information is gathered from secondary sources and meant for reference only. Loanbaba is not a channel partner of Dena Bank.
Personal loan by Dena bank was perfect, but the turnaround time is something they can work upon.
I had applied my personal loan in Mumbai at Dena bank. I was in dire need of funds and fortunately got the loan amount soon.
Taking personal loan in Gujrat by Dena bank through online portal of loanbaba was after all not a bad idea. This way I could communicate with the Dena without having to come over to their branch. All by documentation was sorted and I got the loan in decent time.
The Dena bank has disbursed the loan amount required and I am satisfied with it. The interest rate and the charges are average.
Ajeet G. Pathak