Working with one of the leading IT firms always comes with an added advantage. Well, here I am talking about Aditi Technologies, a company which is one of the most renowned IT firms. For it, the employees are its biggest asset, and the Aditi Technologies company has left no stone unturned to keep Aditi Technologies employees happy and maintain a healthy work culture. Did you know that Aditi Technologies is one of the top ten IT service company as per 2016 revenue report? Aditi Technologies has spread its wings in various areas like business consulting, pharma, aerospace, defence services and is now working in the area of Blockchain. Apart from offering innovative services and business solutions, Aditi Technologies makes sure that its employees are satisfied and have a proper work-life balance.
Did you know that Aditi Technologies is the largest IT service company as per 2016 revenue report? Aditi Technologies has spread its wings in various areas like business consulting, pharma, aerospace , defence services and is now working in the area of Blockchain. Apart from offering innovative services and business solutions, Aditi Technologies makes sure that its employees are satisfied and have a proper work-life balance.
|Bank Name||Personal loan Interest Rates for Aditi Technologies Employees|
|Union Bank of India||13.40% per annum for salaried individuals.|
|Standard Chartered Bank||Starts at 11.99% p.a.|
|Bajaj Finserv||11.49% per annum|
|Bank of India||12.40% to 14.40% per annum|
|ICICI Bank||11.49% to 22.00% per annum|
|Canara Bank||MCLR + 5.45% per annum|
|State Bank of India||12.50% to 16.60% per annum|
|United Bank of India||14.85%|
|IndusInd Bank||11.25% to 26.00% per annum|
|Kotak Mahindra Bank||11.5% to 24% per annum|
Special companies offer special leverages to its employees. Aditi Technologies offers a seamless process of loan sanction and approval. There is a minimal paperwork and quick approval, but there is some basic criteria that the Aditi Technologies employees need to fulfil to get a loan.
Personal Loan for Aditi Technologies Employees Documents –
Personal loan for Aditi Technologies Employees Eligibility –
Eligibility criteria varies across lenders depending on the borrower’s profile and relationship with the bank. General requirements for Personal loan for Aditi Technologies Employees are outlined below:
|Particulars||Eligibility Aditi Technologies Employees Personal Loan|
|Age||23 years minimum to 58 years maximum|
|Income||Rs.17,000 (Rs.25,000 for tier I cities)|
|Credit Score||Above 750|
|Minimum Loan Amount||Rs.75,000|
|Maximum Loan Amount||Rs.20,00,000|
The approval of the loan includes various kinds of fees which apply to everyone, even on the Aditi Technologies employees.
Here are some of the fees that the Aditi Technologies employees are subjected to pay :
Processing fees– This fees are usually charged by the banks to press your application. It may be a bit lower for the IT employees, but they are also subjected to pay processing fees. These fees depends on the loan amount.
Pre-Payment Charges: This amount is usually charged by the lender in case the borrowers wish to prepay the loan before the closings tenure.
Payment Delay Charges: This is the penalty which is charged from the people in case they are not able to pay the loan amount on time.
|Bank or Financial Institution Name||Interest Rate||Processing Fees||Loan Amount||Tenure||Pre-Closure Fees|
10.99% – 25%
|NIL||20 Lac maximum||1-6 years||0|
10.99% – 21.25%
|Up to 2.5%( Charged one time)||40 lac||1-5 years||Pre-closure fee = 4% of principal outstanding (plus applicable tax) in 2nd year.|
11.00% – 18.25%
From .75% (min. ₹999 + applicable tax)
(Charged one time)
|20 lac||1-5 years||5% of principal outstanding|
|Bank of Baroda||
11.35% – 16.35%
1,000 to ₹10,000
(Charged one time)
|1L – 10L||1-4 years||Nil pre-closure fee after 6 months|
|Bank of Maharashtra||
1% (min. ₹1,000)
(Charged One Time)
|1.5L Max||1-3 years|
1% + applicable tax
(Charged One Time)
|50K – 10L||1-5 years||Optional Pre-closure|
|YES BANK||14%Fixed||NIL||20 lac maximum||1-5 years||Conditional pre-closure only after 6 months|
|Axis BANK||15.50% to 24%||1.50% to 2.00% + GST as applicable||Min. Rs. 50,000/Max. Rs. 15 lacs||Up to 5 years||NIL|
|SBI||Personal Loans Scheme (SBI Saral Scheme): 8. 50% above Base Rate floating||2.02%-3.03% of the loan amount.||25 lac||5 years|
|Bajaj Finserv||13.99% to 18.00%||Up to 2.25% of loan amount plus GST||1 lac-18 lac, the upper limit of personal loan can reach up to 25 lac based on applicant income||1-5 years||
The lower of the two amounts given below: 1) 5% of principal outstanding or 2) Interest outstanding for the unexpired period of the loan.
Personal Loan for Aditi Technologies Employees EMI Calculator –
EMI calculation is a must for everybody irrespective of how much you earn. It is important to calculate the EMI first for your loan and then to decide for yourself as to how much you can pay from your salary. Loanyantra has every calculator which show you a graphical representation about your EMI once you enter your details. This helps in making your decision clear w.r.t how many years, how much interest rate, how much EMI and which bank.
Even the minute discount in interest rate reduces the EMI and vice versa the minute increase in Your EMI will reduce the tenure of your loan.
For example, if you want a loan of 5 lakhs, the interest rate for personal loan is 11.5%, the tenure is 5 years, then the emi stands for 10,599.
Loanyantra’s Tip – Increase your EMI to Rs. 11,00o, it reduces your tenure to 54 months from 60 months resulting in Rs.60,000 saving from paying to Bank. Become a customer and manage your loan through Loanyantra’s tips by the experts.
Personal Loan for Aditi Technologies Employees Credit Score –
How to check whether you are eligible for loan or not. Well, whether you are working in Aditi Technologies or no, banking and financial institutions have certain set parameters which one must fulfil to avail the personal loan. This involves complete documentation, falling in the eligibility criteria specified by the banks and finally the credit score.
A good credit score is a must for anyone to apply for a loan to get it approved. Credit score showcases your credit health and your financial position to repay the loan on time. Thus, it is always advisable that you must check the credit score before applying for personal or any other type of loan. The minimum credit score for a personal loan for Aditi Technologies employee is 750. Always check your credit score before applying for the loan. Otherwise, applying for loan and rejection from bank will again adds for bad credit score. If you have a bad credit score, pay your bills, insurance premiums and other EMIs on time for 6 months. Check the score after 6 months and for sure you find an improvement in your score. Apply for loan to experience a complete process.
Loanyantra’s Tip on Credit Score – Too many times checking your credit score also will reduce your credit score.
Loanyantra matches your credit and demographic profile to the lender’s criteria such that your application gets shortlisted in no time from the suitable lender. Loanyantra also does the pre-screening of the application as per the specifications of the bank.
So, if you are looking for a personal loan and are worried about the entire process, connect with Loanyantra for offers and the best advices ever and solutions. Our range of services covers all aspects of the loan process right from the application, finding the banks providing the lowest interest rate. We also help you with the preparation of entire documents that would be required at the time of loan application. Connect with us today for more information.