- May 9, 2020
- Posted by: Ganeshcbani
- Category: Blog
Apply for a Personal Loan
A bank or NBFC Personal Loan will help you meet a wide range of financial needs-be it basic holiday funding, swift funds to pay for last minute wedding, medical emergencies or just the money to buy a gadget.
It is immediate, seamless and paperless and up to Rs. 60 lakhs of loan can be used. Everything else? Get good rates, flexible loan tenures and convenient options for repayment of loans. Check your qualifications and apply for a personal loan.
Eligibility
Are you eligible for an individual loan? Here’s what you need to know about qualifying for personal loans.
| Age | Minimum 21 years Maximum 58 years at the time of Loan Maturity |
| Occupation | Salaried or Self Employed |
| Income | Minimum of INR 25,000 per month |
The processing fees and other charges are highly competitive, making your Personal Loan more affordable.
| Interest Rates | 10.75% to 24% |
Charges & benefits
When you make use of a personal loan, a one-time fee and related taxes will be paid. You will also have to pay EMI per month on your personal loan over the repayment tenor. The interest rate and processing fee depends on your qualifications. This will appear on your computer when your eligibility is reviewed. Other charges can include late payment, part payment and foreclosure.
