What are the modes of repaying my loan?

Given below are the modes through which you can repay your loan: EMI, NACH/Standing Instruction and Postdated cheques.

How quickly can I avail the loan in DCB Bank?

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.

What should by my minimum work experience in order to be eligible for a personal loan from DCB?

You must have a minimum work experience of 3 years in order to be eligible for a personal loan from DCB.

Do I need to provide any reference in order to avail a personal loan from DCB?

Yes, you will have to provide two references subject to the following exceptions: The reference should not share a blood relationship with you & The reference should not reside with you at the same address.

Will I have to pledge any security or collateral in order to avail a personal loan from DCB?

No, you will not be required to pledge any security or collateral in order to avail a personal loan from DCB.

DCB Bank Personal Loan

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.

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Benefits of DCB Bank Personal Loan

Minimum documentation
No collateral or security required
Attractive rates of interest
Quick processing of personal loan

DCB Personal Loan: Key Highlights

Loan Amount	Contact the bank for details Rs. 1 lakh - Rs. 5 lakh
Interest Rate (Floating)	At the discretion of the bank
Processing Fees	3% of loan amount + GST
Loan Tenure	Contact the bank for details 1 year to 5 years

How to Apply for a DCB Bank Personal Loan?

Visit the official website of DCB.
Click on the 'Loan' section of the page.
Under that click on 'Personal Loan'. You will be able to locate the 'Leave your number' option where you can provide your mobile number along with other details such as your name, email ID, state and city of residence, etc.
Authorise the bank to contact you and click on 'Submit'. A representative from the bank will get in touch with you and will help you with the process of applying for a personal loan.

You can call on any one of the numbers 022 6899 7777 or 040 6815 7777 if you wish to apply for a personal loan from Development Credit Bank. A representative of the bank will take you through the application process.

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.

Other Fees and Charges of DCB Bank Personal Loan

Particulars	Fee
Loan processing fee	3% 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.750 per event
Collection charges	In the event that you fail to repay loan dues, the Bank will charge 'Collection Charges' of Rs.100 plus applicable taxes per call and Rs.250 plus applicable taxes per visit made to recover these debts, with the cost borne by you. These Collection Charges are subject to change at the discretion of the Bank

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Eligibility to Apply for DCB Personal Loan

You should be an employee of private/public limited companies, multinational companies, reputed partnership firms, other bodies where you are being paid a regular salary, or a government employee
Minimum age of 25 years at the time of sanctioning of the personal loan
Maximum age of 60 years at the time of loan maturity

Your Development Credit Bank Personal Loan amount eligibility is also based on these factors:

Minimum income required: Rs. 1 lakh per annum
Maximum allowed personal loan: Rs. 5 lakhs
EMIs of other loans lower your eligibility

Increase your eligible Development Credit Bank Personal loan amount by these steps:

Pay off your credit card bills
Choose longer tenure loan up to 5 years

Documentation Required for DCB Personal Loan

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:

Latest salary slip
Current dated salary certificate with the latest Form 16

6. Documentation for self-employed applicants:

Latest Bank statement

Latest ITR or Form 16

Contact DCB Bank for Personal Loan Support

Given below are the numbers you can use to get in touch with a DCB customer care executive:

For Resident Indians	Call Toll Free: 022 6899 7777 or 040 6815 7777 1800 123 5363 / 1800 209 5363 Email: customercare@dcbbank.com Email for Loan account queries: loans@dcbbank.com
For NRIs	Call: 91 22 61271000 India Toll Free: 022 68997777 1800 123 5363 / 1800 209 5363 Email: nri@dcbbank.com

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A good credit score can help you secure lower interest rates on loans and credit cards.

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FAQs on DCB Bank Personal Loan

What are the modes of repaying my loan?
Given below are the modes through which you can repay your loan: EMI, NACH/Standing Instruction and Postdated cheques
How quickly can I avail the loan in DCB Bank?
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.
What should by my minimum work experience in order to be eligible for a personal loan from DCB?
You must have a minimum work experience of 3 years in order to be eligible for a personal loan from DCB.
Do I need to provide any reference in order to avail a personal loan from DCB?
Yes, you will have to provide two references subject to the following exceptions: The reference should not share a blood relationship with you & The reference should not reside with you at the same address
Will I have to pledge any security or collateral in order to avail a personal loan from DCB?
No, you will not be required to pledge any security or collateral in order to avail a personal loan from DCB.

Important Personal Loan Pages

Personal Loan Eligibility by Banks

Personal Loan Interest Rates by Bank

Personal Loan EMI Calculator by Bank

Personal Loan Customer Care by Bank

Personal Loan Status Track by Bank

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