Personal Loan

For Personal Loan

Personal loan can be taken when expenses arise like Higher education for self/children, Dream Vacation, marriage, medical emergencies, purchase of high end consumer goods etc. The only condition is that the personal loan should not be used for speculative purposes.

Personal loan is a simple hassle free process of funding your personal requirement with minimal documentation and within quick time.

Benefits of Personal Loan

  • Multi purpose loan
  • No guarantors. No collateral.
  • Fixed Rate of Interest
  • Simple Documentation,/li>

Personal Loan Eligibility

  • Should be a Indian Resident
  • Should be minimum 21 years of age
  • Should be Salaried
  • Should be a permanent employee of the organization
  • Should have continuous source of income to service the loan.

Documents Required In Personal Loan:

The documentation process in personal loan is very fast as against secured loans. Following documents are required by Banks or financial institutions to process the loan application:

  • Identity proof
  • Residence proof
  • 3 months Salary slip
  • 6 months Bank statements

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