Loan Amount

₹50,000 to ₹40 Lakhs

Interest Rate

Contact for latest rates

Tenure

1 to 5 Years

Processing Fee

0.5% - 2% (Zero fee offers available)

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Personal Information

Address Details

Employment Details

Loan Details

Eligibility Criteria

Age

21 to 60 years

Income

Minimum ₹15,000/month (Salaried)
Minimum ₹2 Lakhs/year (Self-Employed)

Credit Score

650+ preferred (varies by lender)

Employment

Minimum 6 months in current job/business

Required Documents

For Salaried Individuals

  • Identity Proof (PAN Card, Aadhaar, Passport, Driving License)
  • Address Proof (Aadhaar, Utility Bill, Rent Agreement)
  • Salary Slips (Last 3 months)
  • Bank Statements (Last 6 months)
  • Employment Certificate
  • Form 16 (if available)

Personal Loan FAQs

What is the maximum loan amount I can get?

You can get a personal loan up to ₹40 Lakhs depending on your income, credit score, and eligibility. The loan amount is typically 10-20 times your monthly income.

How long does it take to get approval?

Personal loans can be approved within 24-48 hours after submission of all required documents. Some lenders offer instant approval for pre-qualified customers.

Can I prepay the loan?

Yes, most lenders allow prepayment. Some may charge a prepayment penalty (usually 2-4% of outstanding amount) if prepaid within the first year.