Instant Personal Loan Apply: If you are in dire need of money then worry about how can I get an instant loan? There is no need to ask any friend or relative because today we are going to tell you about a bank that can give you 8 lakh rupees on the basis of Aadhaar card, Aadhaar card and mobile number. How can you tell us how much money you will have to pay for the loan?
This loan is only for Punjab National Bank customers Can I get a loan on PhonePe if you need money in an emergency? That bank can lend you up to ₹8. We tell you how you can take advantage of it. Instant Personal Loan Apply
Get loan by mobile number
Apply Instant Personal Loan Yes You Can Get Loan By Mobile Number If You Are Punjab National Bank Customer This Loan Is Only For You And If You Want Personal Loan Facility On This You Must Have Aadhaar Card Aadhaar Card Personal Loan Aadhaar card is required personal loan will be given. number and mobile number. You will get the loan instantly. The bank has given this information through tweet. Instant Personal Loan Apply
Apply online from here
- instant loan without documents
- instant personal loan
- instant loan without documents online
- instant loan app
- instant loan on aadhar card
- instant loan without cibil
- instant loan online india
- small instant loans
Taking a loan from the bank is now as easy as ordering food, tweeted Punjab National Bank. If you are looking for a personal loan at a low interest rate, then you can apply for Punjab National Bank Insta Loan. For details, you can visit the website by clicking on the link Tinyurl.com/t3u6dcnd . This means that the loan will be available at the click of a button. Instant Personal Loan Apply
Personal Loan Charges
Banks offer personal loans at competitive interest rates. Existing customers can enjoy additional discounts on personal loan interest. Opt for personal loan from your bank if possible.
Loan processing charges : Banks and NBFCs charge processing fees on personal loans. This is a non-refundable charge which you pay when applying for personal loans.
Most banks charge a processing fee of 1-2% on personal loan amount. Personal loans are short tenure loans, and processing fees are a sizeable amount. Compare processing charges on personal loans, before short listing the bank.
Documentation charges : These are charged for documentation charges on personal loan.
Part Prepayment charges : If you part pre-pay personal loans, there are part pre-payment charges. You would have to pay around 2% plus applicable taxes on part pre-payment amount. Some banks charge 1-5% on principal outstanding + GST.
Common charges on personal loan
- Payment dishonor charges
- Duplicate statement charges
- Cheque swapping charges
- Duplicate no dues certificate
- Duplicate amortization schedule charges
- Loan re-booking charges
- Loan cancellation charges
- Legal charges
- Stamp Duty
- CIBIL Report.
Amortization means repaying debt through fixed payment over a specified tenure. An amortization schedule is a detailed table of recurring loan payments which show the principal component and interest component in the personal loan EMIs. Personal Loan EMIs are of the same amount. Earlier installments comprise of higher interest and lesser principal. As each installment passes, proportion of interest in the EMI reduces and the principal portion increases.
Preparing Amortization Schedule
Prepare amortization schedule using basic loan information like loan tenure, personal loan interest, total number of periodic payments and personal loan monthly installments.
Let us consider a personal loan amount of Rs 6 Lakhs, rate of interest of 12% and tenure of 5 years. The Personal Loan EMIs work out to be Rs 13,347.
We now calculate the interest portion in first month’s EMI. You must multiply the loan amount with interest rate. You have to divide the interest rate by 12 to calculate the monthly interest.