Personal Loan



Personal Loan:

A personal loan is framed to meet the unexpected incidents we come across in our life. It may be  for multiple purposes expenditure which encompasses- wedding, Vacations, Honeymoon, home renovation projects, Fees for School or colleges, Purchase of consumer durables, Short Term Working Capital, or any other immediate financial needs. Applying for a personal loan is a bit easier, quick and convenient task. If you go with the right guidance and at the right time by leveraging the offers.

Personal loan Eligibility

  • Age limits 21 Years to 58 Years.
  • Per Month income minimum of Rs.20000 in Metro cities needed.
  • Per Month income minimum of Rs.15000 needed in other cities like Tier 1, 2 & 3.
  • Average Interest rate for Personal Loan 15%. Minimum 10.99% and maximum 35%
  • Minimum Loan amount Rs.50,000/- Maximum loan amount Rs.30,00,000/-
  • Min Job Stability should be more than 6months for salaried with latest 3 months payslips.
  • Minimum business stability should be more than 3years with latest 2 years I.T.R.

Benefits of personal loan:

  • Easily Available
  • No Agent or Middleman Involved
  • Unsecured Loan
  • Less Processing Time
  • All Purpose Loan
  • Minimum Paperwork
  • Schemes and Offers
  • Amount and Tenure
low interest rates personal loans

Personal Loan Blogs

Documents for Salaried

One color photo

Permanent address proof

Latest 3 months payslips

Latest 4 months bank statement

Latest year form-16

3 Years of job experience letters.

List of documents for Professionals

Two color photos

I.D proof

Address proof with present residence

Permanent address proof

3 years I.T.R or 3 months payslips

Latest 6 months bank statement

Qualification certificate/registration certificate

Experience certificates

List of documents for Self Employees

Two color photo

I.D proof

Address proof with present residence

Permanent address proof (Own house proof)

3 years I.T.R

6 months bank statement

Business proof


Personal Loans F.A.Q