Personal Loan offers for Dell India Employees

A personal loan is a collateral-free multipurpose loan that can be applied by one who fits into the eligibility criteria of the lender. There are various other benefits of a personal loan that can be availed especially for those who work with a reputed organization like Dell India. Dell is one of the largest technological corporations across the world. Many banks, NBFCs, and financial institutions have come with lucrative offers of personal loan for Dell India employees. The chances of loan application approval are higher of a personal loan for Dell India employees. Below are some of the banks and instant loan Apps listed that are providing personal loans to the Dell India employees.

• Union Bank of India 

Union Bank of India is one of the biggest names of banks in India. It provides a personal loan to Dell India employees who need funds to meet their urgent requirements. Customized personal loan schemes for the Dell India employees offer by Union Bank of India. 

• A high loan amount of Rs. 10 lakhs* can be availed by Union Bank of India. 

• Flexible loan repayment is offered up to 60 months (5 years).

• Minimum documents are required for Union Bank of India's loan.

• An attractive rate of interest is offered.

• Quick disbursement of the loan amount.

• HDFC Bank 

HDFC is among the banks to have come up with customized schemes of personal loan for Dell India employees. The bank has designed a personal loan scheme with an attractive interest rate and additional benefits for the Dell India employees. Let us look into other features and benefits that HDFC is offering with a personal loan for Dell India employees:

• Online loan processing is quick and simple.

• The low processing fee is offered by HDFC Bank. 

• Free DD (Demand Drafts) of Rs. 25000 payables at HDFC Bank locations. 

• The simple documentation process is involved in loan processing.

• The rate of interest starting from 10.75%.

• Free transferring of online funds using NEFT/RTGS via NetBanking

• Shubh Loans

Shubh Loans is a simple instant loan application that was developed by a group of bankers, data experts, and technologists. The primary aim of this application is to help users to get easy access to the credit score and provide easy loans to meet your financial requirements. 

• Shubh Loans disburses the loan amount directly in the applicant’s bank account.

• The Shubh loans amount can be used for any purpose anywhere.

• A top-up loan option is also available after repayment of 50% of the current loan. 

• The loan process hardly takes few minutes based on the information.

• A loan amount ranges from Rs. 25000 to Rs. 5 lakhs can be availed.

• Shubh Loans also comes with a range of repayment tenures up to 4 years.

Features of a Personal Loan

• Multipurpose Loan: This means you have the complete freedom of using this loan amount for whatever reason or purpose you are willing to. 

• Unsecured Loan: Personal loan keeps the borrower free from the risk of losing any asset in case of default of the loan amount.

• Flexible Repayment Term: Almost all the instant personal loan lenders offer personal loans with a flexible repayment tenure. Due to this, you can choose the convenient repayment tenure among the offered term.

Thinks to check before choosing the personal loan lender

• Look beyond the interest rate: Every lender’s processing fee varies based on the many factors.

• Ensure the security of the information: A borrower should be ensuring that the digital footprint is imperative. 

Documents Required for Personal Loan

• Passport-sized photograph

• PAN card – for Company/Firm/Individual.

• Identity proof (any of the following):

• Aadhaar Card.

• Passport.

• Voter's ID Card.

• PAN Card.

• Driving License.

• Address proof (any of the following)

• Aadhaar Card.

• Passport.

• Voter's ID Card.

• Driving License.

• Bank statement of the previous 6 months.

• Last 2 years ITR along.

• Audit Report.