Personal Loan/Unsecured loan

Unplanned or emergency expenses can crop up at any time in our life. It’s a loan offered by a bank to cater to your personal PRESENT needs, whether it’s for a family wedding, a shopping trip, a dream vacation, educational loan, medical emergency loan or anything else. It does not require any security and can be availed with ease unlike other loans.

Similarly unsecured loan is also given to corporates for short term of upto 3 years to meet urgent business requirement so that you don’t lose any business opportunity

Personal and unsecured loan can be disbursed in 5 to 7 working days and it is without any security.

Apply for loan

ELIGIBLITY CRITERIA

Your eligibility is determined after looking at the following:

Your current income

Years of work experience/business.

Nature of your job and the company you work for

Your current obligations

i.e. the other installments (EMIs) you are currently paying, the number of credit cards and credit limits you have or use

Your past credit history

Is likely the most important determinant in being able to get a personal loan

Your CIBIL Score

Documents Required

Your loan application form must be accompanied by:

Identity Proof – Passport / PAN card / Voter’s Identity Card / Driving License / Identity Card with applicant’s photograph issued by Government, Aadhar Card.

Address Proof – Passport / Voter’s Identity Card / Driving License / Latest Utility Bill (electricity, telephone, postpaid mobile phone, piped gas and water bill) / Property Tax Receipt / Bank or Post Office Savings Bank Account Statement etc.

Income Proof: For Salaried Individuals –

1. 3 Months Salary Slip for salaried employees or Salary Certificate
2. Copy of last 2 years Form 16 or IT Return
3. Bank Statement for the last 6 months of the Salary Account
4. Appointment / Confirmation Letter if current job tenure is less than 1 year
5. Any other documents if required

Income Proof: For self-employed individuals –

1. Copy of IT Return, Computation of Income, CA Certified Balance Sheet and Profit & Loss Account, Tax Audit Report,26AS, all for the last 2 years.
2. Bank Statement for the last 6 months of the Business Accounts
3. Office Address Proof
4. Copy of Degree Certificate in case of Professionals
5. Any other documents if required.

APPLY NOW

Submit your Loan requirements by filling below application form

Personal Loan

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