Personal Loan Mangalore
What is Personal Loan?
Be it a loan for a holiday abroad, your child’s education loan, a loan for home renovation, a loan for a marriage or repayment of an existing loan or even buying that precious gift for your loved one, with LendingWale apply easy for a Personal Loan and make your dream come true.
About Mangalore:
Mangalore (or Mangaluru) is an Arabian Sea port and a major commercial center in the Indian state of Karnataka. It’s home to the Kadri Manjunath Temple, known for its bronze statues, and the 9th-century Mangaladevi Temple. Its Catholic sites include Milagres Church, dating to the 17th century, and St. Aloysious Chapel, which features interior paintings. Tannirbhavi Beach is popular for its sunset views.
Features
- Minimal paperwork
- Guidance throughout the process, making process hassle free
- Doorstep service at your comfort
- Simplified documentation
- Flexible repayment options
- Apply Online and Get Quick Approval
- Loan disbursal in 72 hours after submission of documents
- Check your Personal Loan Eligibility.
Personal Loan Eligibility
For Salaried Individuals
Criteria*
|
Salaried
|
Age
|
22 years – 65 years.
|
|
Salaried individuals with minimum monthly income Rs.15,000 (Rs.20,000 for applicants residing in Mumbai & Delhi; Rs.18,000 for applicants residing in Chennai, Hyderabad, Bangalore, Pune & Kolkata; For Others Rs. 12,000)
|
Total years in job/profession
|
2 Years
|
Years in current residence
|
1 Year (One Day if in a Super A Company)
|
For Self Employed Individuals
Criteria*
|
Self Employed
|
Age
|
23 years (self employed individuals) and 25 years (for doctors); Maximum age – 65 years
|
Minimum Turnover
|
Rs. 40 lakh for non-professionals; Rs. 15 lac for professionals; as per audited financials
|
Minimum Profit After Tax
|
Rs. 2 lac for Proprietorship Firm/Self employed Individuals and Rs. 1 lac for non-professionals as per audited financials
|
Business Stability
|
In current business for at least 5 years and minimum 3 years for doctors
|
Existing relationship with the bank
|
Minimum 1 year liability relationship (current or savings account) or Asset relationship (loan) either live or closed in the last 36 months; repayment track asrequired
|
Personal Loan Documents
List of documents for Salaried
- Proof of Identity:- Passport / Driving License / Voters ID / PAN Card (any one)
- Proof of Residence:- Leave and License Agreement / Utility Bill (not more than 3 months old) / Passport (any one).
- Latest 3 months Bank Statement (where salary/income is credited).
- Salary slips for last 3 months.
- 2 Passport Size photographs.
- List of documents for Self-Employed
KYC Documents : Proof of Identity; Address proof; DOB proof.
- Proof of Residence:- Leave and License Agreement / Utility Bill (not more than 3 months old) / Passport (any one).
- Income proof (audited financials for the last two years).Latest 6 months Bank statement.
- Office address proof.
- Proof of residence or office ownership.
- Proof of continuity of business.