Check Personal Loan offers with the Leading Banks
Apply for Personal Loan









    Why process your personal Loan with us ?
    Get your funds when you need them.
    A Personal Loan can be termed as finance conveniently available in times of need; Personal loans are advanced by Banks & financial institutions to salaried individuals solely on the basis of the borrower’s ability to pay back the Loan from his monthly income.
    Personal Loan Customized as per your requirement.
    Save precious time spent checking various offers, let our advisors understand your needs and give you the best solution. With the best rate of interest, minimal charges receive customised loan offers and ensure you get the Best Deal.
    Get a Door step delivery of your Personal loan/ our aim is to make you refer us & remember us again.
    We would like to change all preconceived notions about sales. Oh yes! We are completely transparent at all stages making you aware if there are in glitches updating all information and covering the gaps. Unlike other portals we will be always in touch till your requirement is fulfilled.
    Personal Loan Overview
    A Personal Loan can be termed as finance conveniently available in times of need; Personal loans are advanced by Banks & financial institutions to salaried individuals solely on the basis of the borrower’s ability to pay back the Loan from his monthly income.
    Loans are provided to applicants with minimal documentation & speedy process for easy availability of funds. Expenses incurred via Personal Loan can be for higher studies, renovation of the residence/work place, marriage of a loved one, high end consumer products, vacations, medical emergencies etc.
    Worried about sudden expenditures? A “Personal Loan “ is the answer to your immediate funding requirement.
    Your ready reckoner for a Personal loan.
    Minimum income credited to the Salary A/C 30k+
    Age of applicant 23 years to 58 years
    Vintage of employment Minimum of 12 months
    Employment type Salaried/Professionals
    Personal Loan amount disbursed ₹ 1lakhs to ₹ 40 lakhs
    Rate of Interest @reducing balance 10.5% - 17%
    Processing fees as per loan amount. nil to 2.5%
    Tenure applicable from 12 month to 60 months
    Example of the major charges for a Personal Loan
    Loan amount ₹1 lakhs
    Rate of Interest. 12%@ reducing balance
    Flat per annum 6.49%
    Processing fees 1% ₹2000/-
    Tenure 24 months
    EMI 4707.35
    [Preclosure & other charges will be applied as per actuals]
    * Your loan advisors provides services FREE for all customers

    With the representative APR of 11.25% of a personal loan for ₹ 2 lakhs to be repaid over 60 months, the EMI will be ₹ 4373.46 per month for the entire tenure.

    Connect With Us
    Quick Application Process
    Get Funding Fast
    Features
    Eligibility Criteria
    Fees and Charges
    Documents Required
    A Personal loan is unsecured loan issued with any security or guarantees to salaried individuals with the following prominent features:
    Who is eligible to apply for a Personal Loan?
    All bona fide Citizens of India above the age of 23 years can apply for a Personal loan, the maximum age till which the loan can be repaid is 60 years (or as the applicable retirement age). Educational qualifications required are Graduation and above. The applicant should be gainfully employed earning a regular income.
    What is the amount issued as a Personal loan?
    Loan amounts that can be appended as a Personal loan are from a minimum of ₹ 50k to a maximum of ₹ 30 lakhs depending on the income of the applicant the current obligations and the ability to repay the monthly instalment.
    What is the tenure applied for a Personal loan?
    A personal loan can be repaid via a flexible tenure is from 12 months to 60 months. A suitable tenure is decided by the Lender taking into account the loan amount granted and the income of the applicant.
    What can you use your Personal loan for?
    Apply for a Personal loan for all kinds of personal reasons, major usages include the following:
    Outstanding payment in credit cards has the highest rate of interest it is prudent to transfer the debt to a personal loan and save expenses.
    An illness or emergency arrives without asking, having enough to meet expenses will help you through this period of stress, and a personal loan is readily available when you need it most.
    To pay for your child’s education, the school fees, ancillary charges make sure there are no stops to giving your child the best!
    Get away from the mundane life apply for a personal loan for travel expenses or for a family holiday.
    A family celebration can exhaust your finances, having the dream wedding or festivity a Personal loan is the way out to help you have the extra needed to make things go smoothly.
    A personal loan can be used for renovating your home, buying the much needed gadgets or simply refurbishing to redecorate and give it a new look.
    FAQ’S
  • Do I need to give a guarantee or security to secure a Personal loan?
  • No security or guarantee is required to receive a Personal Loan.

  • What is the time taken to get funds via a Personal loan?
  • The average processing time for a Personal loan is 4 working days.

  • Do I need to give any payment in advance?
  • The average processing time for a Personal loan is 4 working days.

  • Will I need to visit the Bank personally to apply for a Loan?
  • Your Loan advisors give you the comfort of the Doorstep Delivery of your Personal Loan.

  • How will I receive the loan amount approved?
  • The Loan amount approved will be transferred to your salary account.

  • How do I repay the monthly installment?
  • The installement for your Personal loan will automatically deducted through ECS.

  • How is the rate of interest calculated?
  • The rate of interest for a Personal Loan is applied on a monthly reducing basis.

  • Will the Rate of Interest change anytime during the tenure?
  • The rate of interest an installement remains fixed for the entire tenure of the Personal Loan.

  • On what date will the EMI be presented to my account?
  • The rate of interest an installement remains fixed for the entire tenure of the Personal Loan.

  • Can I prepay my Personal loan before the completion of the tenure?
  • Extra amounts can be paid towards the Principal loan amount, as per the terms of Parent Bank. As per the norms there can be a lock in period and partial or complete payment of the loan before the completion of the tenure can be chargeable.

  • What is Personal Loan insurance?
  • All Banks and NBFC’S offer an insurance cover for Lending. The terms include a cover for life, accidents, illness or inability to repay EMI due to loss of employment. The charges vary as per the Loan amount.

    Blogs For You
    July 22, 2020
    5 factors influencing, approval of a Personal loan in times of...
    By Yamini Chhabra
    Read More
    April 29, 2020
    What are the advantages of a Personal loan Top Up over...
    By Yamini Chhabra
    Read More
    March 9, 2020
    What is a Personal loan Tenure? Here is a complete guide….
    By Yamini Chhabra
    Read More