Personal Loan

Overview

A personal loan is a loan that does not require security and is offered with minimal documentation. You can use the funds for any financial or personal need. Like any other loan, you must repay it accordance to the agreed terms with the banks or NBFC's.

Eligibility

Personal Loan Eligibility Criteria

The borrowers do not need any hefty eligibility criteria to avail a car loan. The minimum eligibility criteria are given below:

The Applicant should be age between 21 to 55 years.
The Applicant income should be minimum 15000 pm
The Applicant should be current employment for at least 1 year.
The Applicant Should be holding Account at least 3 months.
The Applicant Should be required at least 1 year and above in current residence with own house anywhere in india.

Documents

KYC

Identity Proof - Pan Card, Valid Passport, Permanent Driving license, voters ID Card etc.
Address Proof - Aadhar Card, Valid Passport, Light Bill, Rent Agreement, Company Letterhead.