What is a Personal Loan?
A Personal Loan is an unsecured loan designed to meet personal financial needs without requiring any collateral. It offers quick access to funds with flexible repayment options, making it suitable for short-term and medium-term financial requirements.
Purpose of Personal Loans
Personal loans can be used for:
✔ Medical emergencies
✔ Education expenses
✔ Wedding and family functions
✔ Travel and relocation
✔ Home renovation
✔ Debt consolidation
✔ Any other planned personal expenses
Eligibility Criteria : Personal loans are generally available to:
✔ Salaried individuals
✔ Self-employed professionals (subject to profile)
Minimum Income Requirement
🔹 Take-home salary starting from ₹15,000 per month
🔹 Stable income and employment continuity preferred
🔹 Credit history and repayment capacity considered
Loan Amount
🔹 Loan amount depends on:
– Monthly income
– Employment stability
– Credit profile
Existing financial obligations
🔹 Both small and higher-value personal loan options may be available based on eligibility.
Interest & Repayment Structure
🔹 Competitive interest rates based on applicant profile
🔹 Flexible repayment tenure (short-term to medium-term)
🔹 Fixed EMI structure for easier monthly planning
🔹 Prepayment and foreclosure options may be available as per applicable terms
Documents Required : Typically required documents include
✔ KYC documents (Aadhaar / PAN)
✔ Recent salary slips
✔ Bank statements
✔ Employment proof
✔ Address proof
Key Benefits of Personal Loans
✔ No collateral required
✔ Quick processing and disbursal
✔ Simple documentation
✔ Fixed EMIs for better budgeting
✔ Suitable for multiple personal needs
Our Support Services : We assist customers with
✔ Eligibility assessment
✔ Loan amount calculation
✔ Documentation guidance
✔ Application coordination
✔ End-to-end support until disbursal
Our goal is to provide smooth, transparent, and hassle-free personal loan assistance.