Here are some of the important features of the TurboLoan:
Here are the details of the TurboLoan Personal Loan:
|Interest Rate||15% p.a. onwards|
|Processing Fees||3% of the loan amount plus applicable taxes|
|Loan Tenure||12 to 48 months|
The eligibility criteria for the TurboLoan are as given below:
|Age limit||21 – 60 years|
|Type of Employment||
|Credit Score||A good credit score|
It helps to understand exactly how much your Equated Monthly Instalment (EMI) will be on your Turbo personal loan as this will help you plan your finances and ensure that your EMIs are repaid on time. You can calculate your personal loan EMI by using the free EMI calculator. All you have to do is adjust the scale on the page to your required loan amount and tenure and enter the values for the interest rate and processing fee. On clicking "Calculate" your EMI details and amortisation table will be instantly displayed on the page.
You can get in touch with Cholamandalam Finance for any questions or support regarding your TurboLoan personal loan through any of the following ways:
|Customer Care Toll-Free Helpline / Customer Grievance||1800-102-4565 (available from 9 am to 7 pm)|
|Customer care email email@example.com|
No, there is no need for any documentation to avail the Turbo Loan from Chola & BankBazaar.
Yes, you will be eligible for the Turbo Loan because there is no requirement for a guarantor.
The minimum age to be eligible for the Chola & BankBazaar Turbo Loan is 23 years of age.
The maximum age on completion of the loan should be 55 years.
No, partial prepayments are not allowed on the TurboLoan.
Yes, foreclosure is allowed on the TurboLoan with applicable foreclosure charges as decided by the bank.
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