Personal Loan

Personal Loan at 9.99%*

Apply & Get Instant Approval

Personal Loan Features

Eligibility Criteria Details
 Personal Loan Interest Rate 9.99% p.a.
Lowest EMI per lakh Rs 2124
Tenure 12 to 60 months
Personal Loan Processing Fee 1% to 2% of Loan Amount
Prepayment Charges Allowed after 12 Months (2 – 4 %)
Part Payment Charges Allowed after 12 Months (2 – 4 %) 
Min Loan Amt ₹ 50,000
Max Loan Amt ₹ 75 Lakh

 

What is Personal Loan?

Loan given to an individual to cater and satisfy his own personal needs is known as a Personal Loan.
Hard times are faced by everybody. In that case, it is difficult to arrange cash and difficult to ask for money from relatives. Now overcome your crises without any difficulty or borrowing from any of your friends or relatives. Apply for Personal Loan Chandigarh and avail the best offers.

About Chandigarh:
Chandigarh, the capital of the northern Indian states of Punjab and Haryana, was designed by the Swiss-French modernist architect, Le Corbusier. His buildings include the Capitol Complex with its High Court, Secretariat and Legislative Assembly, as well as the giant Open Hand Monument. The nearby Rock Garden is a park featuring sculptures made of stones, recycled ceramics and industrial relics.

Features

  1. Minimal paperwork
  2. Guidance throughout the process, making process hassle free
  3. Doorstep service at your comfort
  4. Simplified documentation
  5. Flexible repayment options
  6. Apply Online and Get Quick Approval
  7. Loan disbursal in 72 hours after submission of documents
  8. Check your 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 as required

 List of documents for Salaried

  1. Proof of Identity:- Passport / Driving License / Voters ID / PAN Card (any one)
  2. Proof of Residence:- Leave and License Agreement / Utility Bill (not more than 3 months old) / Passport (any one).
  3. Latest 3 months Bank Statement (where salary/income is credited).
  4. Salary slips for last 3 months.
  5. 2 Passport Size photographs.
  6. List of documents for Self-Employed

KYC Documents : Proof of Identity; Address proof; DOB proof.

  1. Proof of Residence:- Leave and License Agreement / Utility Bill (not more than 3 months old) / Passport (any one).
  2. Income proof (audited financials for the last two years).Latest 6 months Bank statement.
  3. Office address proof.
  4. Proof of residence or office ownership.
  5. Proof of continuity of business.