Personal Loan
Personal Loan: Personal loan is type of unsecured loan offered by banks requiring minimal documentation and no collateral. This loan is offered based on eligibility criteria such as employment status, credit history, income level, repayment history and capacity.
Eligibility criteria
If you meet the five basic criteria mentioned below, you are eligible for a personal loan
- Nationality should be Indian.
- Minimum age: 21 years and Maximum age: 67 years
- Employed with Public, private or MNC.
- CIBIL score should be 750 or higher.
- Monthly salary should be starting from Rs. 22,000 (Based on the city you are living in)
Documents required
Below are the documents required for completing your application process
- KYC documents (Aadhar card / Voter's ID / Passport / PAN card).
- Salary slip of last 3 months.
- Employee ID card.
- Bank account statements of last 3 months.
Loan EMI
66,736
Loan EMI
66,736
Principal Amount
50,50,000
Interest Amount
29,58,335
Total Payable Amount
80,08,335