DCB Bank offers products to individuals, small and medium businesses, rural banking and corporates in selective regions. One of the products you can avail is a personal loan at attractive rates of interest and flexible repayment tenure.
| Loan Amount | Rs. 1 lakh – Rs. 5 lakh |
| Interest Rate (Floating) | 13% p.a. - 25% p.a. |
| Processing Fees | 2% of loan amount + GST |
| Loan Tenure | 1 year to 5 years |
| Particulars | Fee |
| Loan processing fee | 2% of loan amount + GST |
| Prepayment charge | 5% of the outstanding loan amount |
| Penal interest | 3% p.m. of the irregular or overdue amount on account of delay in payment of interest / repayment of loan amount |
| Cheque/ECS swap charge | Rs.500 per event |
| Cheque bounce charge | Rs.500 per event |
Your Development Credit Bank Personal Loan amount eligibility is also based on these factors:
Increase your eligible Development Credit Bank Personal loan amount by these steps:
1. Signed application form with photograph
2.Copy of passport/Voter ID card/driving license
3. Processing fee cheque
4. Last 3 months bank statement/6 months bank passbook
5. Documentation for salaried applicants:
6. Documentation for self-employed applicants:
You can also visit the BankBazaar website and apply for a personal loan from Development Credit Bank by providing the required details and submitting the necessary documents.
You can also apply for a personal loan from Development Credit Bank offline as well. You can visit the nearest branch of the bank along with the necessary documents where a representative from the bank will further assist you with the process of applying for a personal loan.
You can contact the customer service and get in touch with a customer representative who will help you with the process of applying for a loan.
Given below are the numbers you can use to get in touch with a DCB customer care executive:
| For Resident Indians |
|
| For NRIs |
|
| You can send your letter and couriers to the address given below: |
DCB Bank Limited, P.O. Box No. 7643, Malad (West), Mumbai 400064, India |
Given below are the modes through which you can repay your loan:
It will take the bank at least 3-4 days to review your documents. If they are found to be correct, the loan amount will be immediately disbursed to your bank account.
You must have a minimum work experience of 3 years in order to be eligible for a personal loan from DCB.
Yes, you will have to provide two references subject to the following exceptions:
No, you will not be required to pledge any security or collateral in order to avail a personal loan from DCB.
A GST rate of 18% will be applicable on banking services and products from 01 July, 2017.
Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. Display of such IP along with the related product information does not imply BankBazaar's partnership with the owner of the Intellectual Property or issuer/manufacturer of such products.
