A personal loan provides individuals with the financial flexibility to cover various expenses, whether consolidating debt, funding home improvements, managing unexpected medical bills, or fulfilling other financial needs. These loans typically offer fixed or variable interest rates and flexible repayment terms, allowing borrowers to choose a plan that suits their budget.
Required Salary
The minimum salary required for a Personal Loan is ₹12,000.
And Get Upto 50 Lakhs Loan Instantly
Location
"Access hassle-free loans across India with our Pan India loan providing service. Explore diverse loan options and get personalized financial solutions that cater to your needs, spanning every corner of the country. Secure your desired loan easily, wherever you are in India."
Required Documents
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Adhar Card
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Pan Card
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Photo
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Salary Slip (Letest 3 Month)
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Bank Statement (6 Month)
Personal Loan Features & Benefits
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No end-usage restriction
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Loan amount of up to Rs. 50 lakh, which can exceed depending on lenders' discretion
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Repayment tenure usually ranges between 1 year and 5 years, with some banks/NBFCs offering longer tenures
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Minimal documentation
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The interest rates usually start from 10.49% p.a. with some PSU banks offering lower interest rates
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Quick disbursals
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Applicants having excellent credit profiles may also qualify for preapproved/prequalified personal loans with instant disbursal