about personal loan
Personal Loan is a short to medium term unsecured loan, which does not require any collateral/security for disbursal. They are generally disbursed in a few hours to a few days with minimal or no paper work at all. A key feature of personal loan is its flexible end-use. Thus, this unsecured loan can be used to meet a variety of needs ranging from emergency medical expenses to planned expenditures such as home renovation, wedding, etc.
140
Years of Experience
32900
No: of Client
Type of Personal Loan
Fresh Personal Loan
Personal Loan Top Up
Personal Loan Balance Transfer
Apply For Loan
Personal Loan is a short to medium term unsecured loan, which does not require any collateral/security for disbursal. They are generally disbursed in a few hours to a few days with minimal or no paper work at all. A key feature of personal loan is its flexible end-use. Thus, this unsecured loan can be used to meet a variety of needs ranging from emergency medical expenses to planned expenditures such as home renovation, wedding, etc.
Top up personal loan is a facility provided by financial institutions to customers that allows you to borrow a certain amount of money over your personal loan. The interest rate for a top up loan is slightly higher than the regular personal loan.
Enhanced Rate of Interest: The first advantage of a Personal Loan balance transfer facility is that the rate of interest is decreased, which in turn lowers the borrower’s interest burden through lowered EMIs. Generally, the new lender will offer a lower rate of interest on the loan transfer.
Eligiblity Criteria
Minimum eligiblity to obtain a personal loan
Age :- 23 – 57 Years old.
Net Monthly Income must be more than Rs. 20,000
No defaults in the last 6 months
Cibil Score Minimum 700+ or with a good credit or cibil score history.
Experience in current organization Minimum 6 month and total 2 years experience
Loan up to 50 Lacs depending of the credit profile and the applicant profile.
