Disclaimer: North East Small Finance Bank is not a Paisabazaar partner and all content herein is strictly informative in nature. Paisabazaar is not affiliated with, sponsored by or in any way connected to North East Small Finance Bank for personal loans. No offers/services from North East Small Finance Bank are being provided by Paisabazaar for personal loans. For further information about North East Small Finance Bank for personal loans, users are required to reach out directly to North East Small Finance Bank.
|
North East Small Finance Bank Personal Loan Highlights |
|
| Interest rates | 22%-33% p.a. |
| Loan amount | Depends on the applicant’s credit profile |
| Tenure | Up to 5 years |
| Processing Fees | 2% of the loan amount |
Note: Rates as of 20 November 2024
North East Small Finance Bank Personal Loan Interest Rates
The interest rates of North East Small Finance Bank personal loan ranges between 22%-33% p.a. The final interest rates offered to their applicants depend upon monthly income, job profile, age, employer’s income, credit scores, loan repayment history, etc.
Apply for Personal Loan At Lower Interest Rates Click Here
Fees and Charges for Availing North East Small Finance Bank Personal Loan
| Particulars | Charges |
| Processing fees | 2% of the loan amount |
| Bounce charges | Rs 500 |
| Late repayment | 2% per month of unpaid EMIs |
| Swapping charges | NIL |
| Foreclosure Statement | NA |
| Foreclosure/Prepayment Charges | 2% on the outstanding loan amount |
| Document Retrival Charges | Rs 500 |
| Amortization Schedule Charges | NA |
| Statement of account | Free once a year, Rs 100 for additional statement |
| Duplicate NOC | Rs 500 |
| All other NOC | Rs 500 |
| Stamp Duty | Actuals as per state law |
| Loan Cancellation | NIL (processing fee, if any, would be retained) |
| Legal/Repossession & Incidental Charges | NA |
| Valuation Charges | NA |
| Duplicate List of Documents | Rs 500 |
| Duplicate Statement Issuance Charges | Rs 100 |
| Documentation Charges | Rs 100 + GST for loans Rs 50,000 to Rs 2 lakhs Rs 200 + GST for loans above Rs 5 lakhs |
North East Small Finance Bank Personal Loan Eligibility Criteria
North East Small Finance Bank offers personal loan to salaried individuals only. As the bank has not stated the eligibility criteria based on credit score, income, etc, prospective borrowers can check personal loan eligibility criteria set by top lenders to get a fair understanding of the eligibility conditions.
Apply for Personal Loan with Quick Disbursal Click Here
North East Small Finance Bank Personal Loan Documents Required
The bank has not disclosed the list of personal loan documents required for its application. Most lenders usually ask their applicants to submit KYC-related documents such as proof of address, identity, income, etc.