Personal Loan

Personal Loans for all your financial needs
Thinking of renovating your house? Yearning to buy a new Laptop? Need financial assistance with marriage related expenses or your child higher education? Personal Loan is your One-stop-shop for all your financial needs to fulfill any of your desires.
Key Benefits of Personal Loan:
Personal Loans Loan up to 15 lacs
Personal Loans No security/guarantor required
Personal Loans Faster Processing
Personal Loans Minimum Documentation
Personal Loans Attractive Interest Rates
Personal Loans 12-60 Months repayment options
Eligibility Terms for your Personal Loan
Criteria Salaried
Age 25 yrs. – 58 yrs.
Net Salary Net annual income – Rs. 1,44,000 p.a
Eligibilty Employees of Public Ltd. companies, Private Ltd. companies, Government companies or MNCs
Years in current job / profession 1 Year
Years in current residence 1 Year
Documents required for your Personal Loan
Documents ( Pre Sanction) Salaried
Latest 3 months Bank Statement (where salary/income is credited) Yes
3 Latest salary slips Yes
Proof of Continuity current job (Form 16 / Company appointment letter ) Yes
Proof of Identity (any one)Passport / Driving License / Voters ID / PAN card / Photo Credit Card / Employee ID card Yes
Proof of Residence (any one) Ration Card / Utility bill / LIC Policy Receipt Yes
Proof of Qualification Highest Degree (for Professionals / Govt employees) Yes
Personal Loans Prepayment of the loan is possible after 180 days of availing the loan.
Personal Loans Foreclosure charges as applicable would be levied on the outstanding loan.
Personal Loans Part pre-payment is not allowed.
Personal Loans No other fees or commitment charges are levied.
Description of Charges Personal Loans
Loan Processing Charges / Origination Charges 2%  of loan amount plus service tax
Prepayment Charges Lower of the two amount given below. 4% to 5% of principal outstanding. Interest outstanding for unexpired period of the loan.