Worried about your children’s wedding in the family? Want to send your child abroad for further studies? Want to be rent free and build your own house? Yes, Personal Loans is the answer to all these queries.

Eligibility loan amount is dependent on several key factors such as your profession, work profile, ballpark expenditure, rate of interest, size of the family, residence ownership tenure of the loan among others.

As a standard practice, certain % of your monthly income is usually counted as EMI. On the basis of your monthly income, the eligibility calculator defines an approximate figure of finance.

Personal Loans are usually incurred for higher studies, renovation of the residence/work place, marriage of a loved one, high end consumer products, abroad vacations, medical emergencies etc.

Some Basic Eligibility Factors are as Follows:

• Age: 21-60 years.
• Employment: Have had a job for at least 2 years, and a minimum of 1 year with your current employer
• Earning: Minimum income: Rs. 12,000/– per month net income.
• Personal loan disbursal as fast as 2 working days
• Transparent procedure
• Loans are offered across segments like Salaried, Self employed etc.
• No requirement of a guarantor or security deposits of gold/policies etc.
• Loan can be taken up to 30 Lakhs
• Easy documentation
• Reduced interest rate
• Competitive pricing
• Personal Loans covers various needs of an individual
• Nil or part payment options

By opting for this facility, the individual simply transfers the existing Personal Loan to another financial institution which in turn helps the individual to save more.

Key Features

• Attractive interest rate
• Reduced EMI
• Simplified documentation
• Additional funds
• Quick Approvals

While credit card benefits are plenty, one needs to be extremely cautious in terms of the card outstanding and interest rate. Personal Loans for credit card allow you to convert your credit card outstanding into a Personal Loan. The individual saves money on the overall interest helps in consolidation of debit, easy to manage and opens of credit limit.

Your Credit card spends need to be cleared as per the Payment cycle Else the interest rate charged will be 36% yearly. Unless the principal amount is cleared, your debts could steadily mount up. This could further affect your Credit ratings. Apply For a Personal Loan & clear your credit Card Bills. Pay in equated installments at half the rate of Interest, Also your credit card limit will be re instated.

Your Rate if Interest will depend upon

• Your monthly income
• The present company you are working for.
• Tenure available is from 12 to 60 months,
• Processing fees chargeable up to 2% of the loan amount

• Form 16 or IT returns – last 2 years
• Salary slips for last 3 months

For Self-Employed

• Income Tax Returns
• Turnover proof/service tax returns
• Proof of business continuity
• Balance sheet for the last 3 years
• Address proof of the work place
• Qualification or registration proof required for Self-employed Professionals

Please note that the documents proof may vary from individual to individual. We take pride in ourselves on keeping up an active & responsible relationship with our customers throughout the process from applying till disbursal.

Details of the previous loans and A/c Statement for last 1 year, if any.