Personal Loan @ 10.5%*
Personal Loan
A personal loan is an advance that is taken for guaranteed various use, When you need immediate money, it is not always possible to run to friends and family for help. The income you generate brings in a limited amount of funds. Yet for the bigger stuff, you need large amounts of money at a single time. To fulfill all of these requires lots of money. Our income and sources of income are limited, our desires are not. Today with a Personal loan as the financial solution, it is very possible to comfortably live the lifestyle we want.
Personal loan tends to be taken for any close home utilize such as marriage in the family, House renovation, Home purchase, unexpected clinical use, and so on, personal loan is an unsecured loan that you can get up to 50 Lakhs with the tenure period of 1-5 years. Moneylap is an expert in loans and helps individuals who are looking for a personal loan in Bangalore city.
The Eligibility Criteria for applying Personal Loan
Personal loan eligibility Completely depends on you, If you have maintained a good relationship with your lenders, they calculate by credit score, if your credit score is up to the satisfying grade you are eligible. Along with credit score, you need followings as well.
Nationality | Must be an Indian |
Age | 21 – 60 Years |
Monthly Income | ₹15,000/- |
Work Stability | Minimum 1 Year with current employer |
Nationality | Must be an Indian |
Age | 22 – 65 Years |
Annual Income | Minimum ₹2,00,000/- |
Business Vintage | Minimum 2 Years |
- Photograph and PAN Card xerox
- Identity proof
- Salary Slips for 3 months
- 6 months Bank statements
- Identity proof
- Appointment letter and proof of work experience.
- IT Return for 2 years
- Business Continuity/existence proof 3 years old
- Identity proof
- Education proof
- Partnership Deed & other mandatory documents
- Balance Sheets