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DCB Bank Personal Loan Pre-closure Charges

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HDFC Bank
10 Second Disbursal*100% Digital Process*Quick Disbursal
Max Loan Amt.Upto 25L
Rate of Interest9.99% - 12.5%
Tenure upto1-5 Years
Processing Fee6,500
ICICI Bank
100% Digital Process*Quick Disbursal
Max Loan Amt.Upto 25L
Rate of Interest11% - 13%
Tenure upto1-5 Years
Processing FeeUpto 2%
Axis Bank
Low Processing fee
Max Loan Amt.Upto 25L
Rate of Interest9.99% - 17.15%
Tenure uptoUpto 6 Years
Processing FeeUpto 2%
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DCB Bank Personal Loan Pre-closure Charges

DCB helps its customers fulfill their business as well as personal financing needs through its Personal Loan offering, with minimum documentation and at attractive rates of interest. A customer can enjoy a host of benefits, for instance, no collateral requirement, speedy processing, attractive interest rates and easy documentation. The loan is extended for personal needs like holidays, medical expenses or special occasions like marriage.

The loan can be availed for a maximum amount INR 5 Lakh and a minimum of INR 50,000.The tenure can range from 12 months up to 48 months with easy repayment in EMIs through ECS, standing debit instructions or post dated cheques. Salaried individuals, self employed professionals as well as non-professionals, proprietors, partners & directors of pvt. ltd. companies are eligible for availing DCB Personal Loan.

*Currently, DCB Personal Loan is offered only in Delhi-NCR, Hyderabad and Greater Mumbai region.

DCB Personal Loan – Charges

DCB Bank provides personal loan to its customers at attractive interest rates. Interest rates are updated periodically and the Benchmark Lending Rates are available on DCB Bank’s website. A processing fee of 2% + GST of the loan amount is also applicable on availing a Personal Loan from DCB Bank.

DCB Personal Loan- Foreclosure charges

There is usually a prescribed lock-in period, after which foreclosure of a personal loan is allowed by the Bank. Additionally, there are also charges which are levied on pre-payment of a loan before the tenure of the loan expires. This is required as banks need to cover their loss of interest income due to the early closure of the loan account.  In case of DCB Bank as well, a customer can request for pre-closure of a Personal Loan, but only after 12 months of the Loan being disbursed. The charges applicable for foreclosure of the loan are 5% plus GST.

DCB Personal Loan- Foreclosure Process

DCB Bank has stipulated a period of 12 months, after which the customer can apply for pre-closure.  Once the 12 month period post disbursal of loan has expired, a customer can request for foreclosure of the loan by visiting a branch of DCB Bank or by calling the customer care to obtain more detailed information on the process. The customer would need to carry the relevant loan documents to the branch along with the cheque/demand draft of the balance loan amount to be paid.  Once the entire amount is paid, the bank issues an acknowledgement letter stating the date of closing the loan in full.

Conclusion

DCB Bank offers a personal loan within 3- 4 working days of loan approval. You have flexibility when it comes to choosing the loan amount and tenure. The interest rates offered are also attractive and the pre- closure process is easy.

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How Can I Apply for a Personal Loan Online?

Get up to 40 Lakh in 5 Simple Steps

Step 1: Enter your mobile number in the application form

Step 2: Provide your personal details

Step 3: Enter OTP to verify your mobile number

Step 4: Select the loan purpose and loan amount

Step 5: Compare offers and apply for the best-suited loan

Apply Now

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All Your Needs

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What our customers say

Smooth & hassle-free loan approval experience

I want to express my gratitude for your exceptional support & guidance throughout my loan application process to Aman (EW17239). Your professionalism & clear communication made the journey smooth and manageable. I appreciate how you helped during loan approval & fast-tracked the documentation. It is rare to find someone so committed to their clients. I truly value the effort you put into ensuring a successful outcome. Thanks again for your invaluable help.

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Sanjay Kumar GuptaMar 30, 2026

Exceptional guidance throughout the process

I’d like to express my sincere appreciation for Mr. Aman Kumar (EW32023) for the excellent assistance provided. His professionalism & willingness to help made the experience smooth & pleasant. Aman Kumar demonstrated patience & clarity while addressing queries and ensured that everything was handled efficiently. Such dedication & customer-focused service truly deserve recognition. Please convey my thanks and appreciation to him for his outstanding support.

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Jyotirmoy SinghaMar 23, 2026

Very helpful and easy to reach

I really wants to appreciate Mohankumar Dhandapani for closing my loan requirement in such a short time and nice manner. He is very much approachable helped me based on my requirements. He explained me all the options in very short time even one option failed immediately helped me to get other options worked. Excellent job done by Mohankumar Dhandapani all the best keep you same way approachable you will get more customers. Thanks to Paisabazar too.

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Kirubagaran GanesanFeb 24, 2026

Reliable help when i needed it most

I am writing this email to express my sincere thanks for your excellent support and guidance on Paisabazaar. My experience was very smooth and satisfying because of your help. You explained everything clearly and made the whole process easy and comfortable for me. I truly appreciate your professionalism, patience, and quick response. I am very happy with the service and would definitely recommend to others because of the great support I received from you. Thank you once again

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DharmeshFeb 22, 2026

Committed support that made everything easy

I’d like to appreciate the Paisabazar team for the excellent loan service. I especially want to recognize one of your agents, Mr. Prince Kumar, for his outstanding support. For more than a month, he continuously followed up with me and assisted me. His commitment & professionalism made the experience smooth & hassle-free. I appreciate his efforts and dedication. Kindly acknowledge his performance and consider rewarding such a sincere employee.

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BhupendraFeb 18, 2026

My Trust in Paisabazaar has Increased

I would like to take a moment to share my sincere feedback regarding the support I received from your team. The executive who assisted me was extremely professional, polite, and knowledgeable. They patiently understood my concern, explained the process clearly, and guided me step by step toward the right solution. I truly appreciate the transparency, timely responses, and genuine effort shown to help me.

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Lalit MaviFeb 12, 2026

Best Place for Taking Loans

I contacted customer care with a few queries, and I am very satisfied with the support I received. The representative was polite, patient, and explained everything clearly. My questions were resolved properly, and the overall experience was smooth and helpful. Thank you for the excellent customer service

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Kokil BarnwalFeb 12, 2026

Easy loan approval with good guidance

Thank you for the support provided for getting personal loan approval. During this process I worked with Mr. Aman Bajpai (EW17239) who was co-ordinator for this entire process of Personal loan, I was incredibly impressed by his efficiency and problem-solving skills. He went out of their way to ensure all my questions were answered and that the disbursement timeline stayed on track. His coordination was really appreciable.

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Riyaj AtarFeb 9, 2026

Apne higher education ke liye loan liya tha

Muhje higher education ke liye loan chahiye tha. Paisabazaar pe apply kiya. Got it at the right time. Quite helpful.

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Puja DanuJan 22, 2026

Sabse jada helpful log the yaha

Maine bht jagah try kiya tha personal loan ka, yaha try kiya toh helpful log mille. Har steps mai aram se samjhaya or usse muhje loan lene mai jda dikkat nhi aayi.

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Anuradha GuptaJan 21, 2026
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