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Hi, A personal loan is an unsecured loan in which you don't have to give any security. But some banks can ask for a guarantor or security. The terms and conditions varied as per lenders. The benefits are:
Minimum documents required.
Clearance is given within seven days of applying.
You can use the loan for any purpose whichever you like the most, there is no check on that.
The important factor the bank follows is your ability to repay the loan. However, it differs from bank to bank. Your residence profile and the place you work also considered by the bank. There are few conditions which need to be fulfilled:
Minimum monthly salary of Rs. 8,000
Minimum age of 21 years required
Maximum age of 60
Following can apply for personal loan:
1. Self-employed professionals
2. Salaried individuals
3. Self-employed non-professionals
Based on the person's current earnings, the amount of loan could be varied.
For more information regarding Personal Loans, I would advise you to visit creditnation.in , which is India's leading online marketplace that provides easy comparison & best interest rates on loans with great customer service. CreditNation team renders the most unbiased advice and the best deals on a wide range of loan products to empower customer to take the right decision.
Wiki User
∙ 9y ago
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What documents are required for home loan application in India?
To avail a home loan from an Indian Bank you will have to submit your personal, financial and bank account details along with ID,Age,Address proofs.
How do you choose between bank or NBFC to Apply Personal Loan in India?
NBFCs offers personal loan along with so many benefits like: a.) Less Documentation b.) Instant Approval c.) Fast disbursal process Few NBFCs like Bajaj Finserv even offer fund in account within 24 hours and they asks for very less documents. All you needed is salary slips of the last 2 months, salary account bank statement of the last 3 months, employee ID card and some KYC documents.
How to get Personal Loan in India easily?
Taking Personal loan has become quite easy in India now a days. Only thing that matters a lot is your eligibility. Means you should have all required documents (salary slips, Bank statements, employment proof and KYC), your Credit scoreshould be good and minimal salary should be in between 4k - 20k.When you have all the required things, you can easily search for popular Banks like IDBI, Indusind & ICICI and NBFCs like Bajaj Finserv.Apply online, Banks representative will collect your documents from your home and after approval, cash will be deposited within 72 hours in your Account.
How do you contact loanghar for getting home loans?
You can contact LoanGhar at info@loanghar.com or call at 91- 98 7372 0885. Their service is excellent. They help end user to understand home loan from various banks and get the best for you. They have really helped me when I was in Singapore and needed loan to buy property in India. They explained me everything over the phone from India and helped me to gather all the documents and avail hoe loan. I am their fan and ask people around to contact loan Ghar for any home loan services.Saurab Bhandari
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What documents are required for home loan application in India?
To avail a home loan from an Indian Bank you will have to submit your personal, financial and bank account details along with ID,Age,Address proofs.
How do you choose between bank or NBFC to Apply Personal Loan in India?
NBFCs offers personal loan along with so many benefits like: a.) Less Documentation b.) Instant Approval c.) Fast disbursal process Few NBFCs like Bajaj Finserv even offer fund in account within 24 hours and they asks for very less documents. All you needed is salary slips of the last 2 months, salary account bank statement of the last 3 months, employee ID card and some KYC documents.
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How to get Personal Loan in India easily?
Taking Personal loan has become quite easy in India now a days. Only thing that matters a lot is your eligibility. Means you should have all required documents (salary slips, Bank statements, employment proof and KYC), your Credit scoreshould be good and minimal salary should be in between 4k - 20k.When you have all the required things, you can easily search for popular Banks like IDBI, Indusind & ICICI and NBFCs like Bajaj Finserv.Apply online, Banks representative will collect your documents from your home and after approval, cash will be deposited within 72 hours in your Account.
