How a DCB Bank Personal Loan Helps Pay Debts of Credit Cards?

Are you in a high debt of credit cards and don't know how to solve it? Then in this situation, only a DCB bank personal loan can help you. The bank offers you a loan amount up to INR 5 lakh at an interest rate of 12.00% per annum. You can pay the credit card bills, and after that pay the loan amount in equated monthly installments. Read the article and know why DCB personal loan is preferred for credit card payment.

Reasons for the DCB personal loan!

The loan is beneficial because you don’t need to provide any collateral to the bank for the loan amount. And with the help of it, you can reduce the burden of debts without getting obliged to high EMIs. Using the DCB bank personal loan, you can pay the borrowed amount and charge interest in 60 months EMI. And the user can prepay the loan or close the loan early if he/she meets with a good financial year.

Also, the affordable interest rate on the borrowed amount helps in making the loan burden lighter for you. Like every other bank, DCB also charges a prepayment or foreclosure fee for early prepayment. And the 5% of the outstanding amount is your prepayment fee. But, the borrower can prepay after 12 months of EMI

What are the advantages of the DCB Bank personal loan?

The list of DCB personal loan benefits for a customer is mentioned below have a look at them and apply for it now.

1. Improve your CIBIL score, you can get your low score stable with the DCB bank personal loan. If your score gets low due to the credit card debts then the personal loan helps you with it.

2. Build your credit history stronger with timely payment. When the credit history of the borrower lowers because of the credit card debts, you can use the DCB loan to pay the debt amount. And with the EMI payment can improve your credit history.

3. Can use the loan for personal needs rather than debt payment such as medical emergency or financial crisis.

Get your DCB Bank personal loan online!

You can apply for a DCB loan, online by using the online banking service. Just visit the DCB Bank loan portal and select a personal loan. Click the apply now button and fill up your details and provide your income proof. After the approval of the loan it takes a maximum 7 days to get the loan amount disbursed to your account. And the payment of the loan can be done via the ECS, PDCS or NACH banking methods. For the processing of the DCB bank personal loan, you need to pay 2% of the loan amount. After the payment of the processing fee and disbursement of the loan, it would be easier to pay off your credit card debts to get rid of them.

So, get a personal loan from DCB Bank and meet all your financial crises in a short duration. Whether your fund problem are related to wedding expenses, medical emergencies or credit cards all can be managed with a single loan by DCB Bank.