A personal loan offers individuals financial flexibility to address a range of expenses, such as consolidating debt, financing home improvements, handling unexpected medical bills, or meeting other financial requirements. These loans generally come with fixed or variable interest rates and adaptable repayment terms, enabling borrowers to select a plan that aligns with 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 personalised financial solutions that cater to your needs, spanning every corner of the country."
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