Personal Loan

A personal Loan is an unsecured Loan and one of the best loans for personal expenses, paying medical bills, planning your dream vacation or for marriage expenses. Personal Loans can act as a financial cushion for you at the time of emergency.
Key Features:

Unsecured: Personal loans are generally unsecured, meaning they don't require collateral. Unlike a mortgage or auto loan where the property or vehicle acts as collateral, personal loans are approved based on the borrower's creditworthiness.
Fixed Amount: Borrowers receive a fixed
amount of money upfront, which they repay over a predetermined period.
Fixed Term: Personal loans have a fixed
repayment period, usually ranging from one to seven years. The borrower agrees to repay the loan within this timeframe.
Use: Personal loans can be used for
various purposes, including debt consolidation, home improvements, medical expenses, weddings, vacations, or any other legitimate personal need.
Interest Rates: You can apply for a Personal Loan online from our application and meet your diverse financial needs. You can avail a Personal Loan up to Rs. 50 lakh and meet a sudden personal emergency. The process of Loan application is instant and convenient and can be done online from the comfort of your home. The instant Personal Loan approval process ensures you have a seamless and stress-free borrowing experience.

KYC of Applicant
1. PAN of the Applicant
2. Aadhaar Card of the Applicant
3. Photograph
Employment Documents
1. Appointment letter
2. Office I-Card
3. Latest six months Salary Slips
4. A copy of Form 16 issued by the company, if available
Financial Documents
1. Copy of the ITR and Computation for AY 2023-24, if available
2. Copy of the ITR and Computation for AY 2022-23, if available
3. Copy of the ITR and Computation for AY 2021-22, if available
Bank Statement
1. Bank Statement of last 12 Months
Existing Loans
1. Copy of Sanction letters of existing loans, if any

1. How can I repay my Personal Loan?
You pay the loan in equal monthly installments (EMIS) through ECS or a standing instruction given to the lender to debit your Bank account with the EMI amount.
2. Do I need to provide any security or collateral to apply for a Personal Loan?
You don't need to provide any security, collateral, or guarantor to obtain a Personal Loan from the Lender.

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