Bank Name Max. Loan Amount Rate of Interest Processing Fee Tenure
Apply for Loan
25lac 10.99 -18% 0.99 - 2% 1-5 Years  Apply for Loan

Features

Document
  • KYC-PAN, address & ID proof
  • Income proof, bank statement
  • Colored one photograph
Eligibility Criteria
  • Age at least 23 and less than 60 for Salaried/Self-Employed
  • For salaried persons, they should be working in a reputed firm or government organization
  • For Self-Employed, any person filing ITRs for the past 2 years can apply
  • Be earning at least Rs.16,000 per month net income
Perks
  • Door step service, E-approval
  • Pre-Closure charges nil after one EMI
  • Part-payment available,Top-up loan available
  • No guarantor required
  • Balance transfer
Apply for Loan
30lac 10.99 -21% 0.75 - 3% 1-5 Years  Apply for Loan

Features

Document
  • KYC-PAN, address & ID proof
  • Income proof, bank statement
  • Colored one photograph
Eligibility Criteria
  • Age at least 21 and less than 60 for Salaried
  • Age at least 21 and less than 65 for Self Employed
  • Be earning at least Rs.18,000 per month net income
Perks
  • Part Payment Available
  • Door step service
  • E-approval available
  • No guarantor required
  • Balance transfer
Apply for Loan
30lac 12 -18% 1 - 2% 1-5 Years  Apply for Loan

Features

Document
  • KYC-PAN, address & ID proof
  • Income proof, bank statement
  • Colored one photograph
Eligibility Criteria
  • Age at least 22 and less than 58
  • Your minimum incomes needs to be Rs.22,000 per month
Perks
  • E-approval, Part-payment available
  • Door step service
  • Top-up loan available
  • No guarantor required
  • Balance transfer
Apply for Loan
50lac 11.25 -24% 1 - 3% 1-5 Years  Apply for Loan

Features

Document
  • Address Proof, ID Proof, Pan card
  • Colored Passport Size Photograph
  • last 6 months salary credit bank statements required at the time of filling application form
  • Latest 2 months salary slips or Form 16
Eligibility Criteria
  • Minimum age at loan sanction – 23 years.
  • Maximum age at loan maturity – lower of 60 years or retirement age.
  • Minimum 1 year work experience at current job and 3 year total.
Perks
  • No security or collateral required
  • Simplified and quick documentation
  • Easy monthly repayment
  • Enjoy the convenience of doorstep service

What is Personal Loan?

Personal Loan

A Personal Loan is Describe as his Term “Personal” it means The Loan is related To Individual, It is a Type of Unsecured Loan and that helps you to meet all your current financial needs. This is a flexible loan, In Personal Loans, you can use Loan Amount as per your needs, for example, If You Have a Requirement of Money For Marriage, Holidays Vacations and Home renovation etc. This Unsecured Loan doesn’t require any collateral guarantee and It is offered with Minimum Documentation and Available for Both Salaried And Self employed, They Can Apply Online Here.

Personal Loan Key features/benefits/Advantages

 

  • Multipurpose loans
  • NO Collateral required
  • Minimal paperwork
  • Easy repayment
  • Affordable and lowest Interest Rates
  • Balance transfer with ease and less ROI.
  • Quick Check Eligibility & Disbursal.

 

How Personal Loan Is Beneficial Compared to Others Loan?

This Unsecured Loan have More Features as Compared To Other Loans like as Minimal documents Required, Low Rates of interest, No Collectral Required and Turn Around Time(TAT) is very fast, We require very fewer Documents in a way if compared, Quick Approval And faster Disbursal and fulfill all the needs of customers, That’s why Personal loans is better than any other loans and you can now available personal loan for an amount up to 50 lakhs* at an attractive interest rates. You can apply online by just a single click.

Personal Loan Eligibility (Salaried and Self-Employed):

There are Some Main Criteria and Factors Specify by banks and NBFCs That Helps to Check your Eligibility For Both Salaried And Self-Employed, that are-


Age:

Minimum 21 years

Maximum 65 years


Nationality:

Indian

 

Employment Type:

Salaried or Self-employed

 

Employment status:      

Employed/Self business for Min. 2 yrs. and at least 12 months with current employed/Business.

 

Minimum Income:

Rs.10, 000 - Rs.20, 000/Month (It May Vary According to Cities and Area)

 

Maximum Loan Amount:

Rs.50 lacs (Based on your repayment capability)


Tenure (Duration of Loans):       

 1-5 years


These are the main criteria For Personal Loan They help you for your loan to be approved. These criteria will change for banks to banks.

Documentation needed to apply for a personal loan

 

  • Pan card
  • Aadhar card
  • 2 Photographs
  • 3 months latest salary slip.
  • 90 days complete salary A/c. banking with 3 salary credit
  • Current address proof
  • Company I Land

 

Why apply for a personal loan by bankrupya.com

Apply for Personal Loan on Bankrupya.com as Here You will get much more Benefits Like as

 

  • Get Transparent Deals
  • Check and compare All Banks by yourself
  • Minimum documents Required
  • Provide Door Step Services
  • Lower interest rates
  • High Loan Eligibility
  • Get your disbursal in 48 hrs.

 

How to avoid your personal loan rejection?

In Personal Loan, There are Some Points That really matters. All Banks Are Checked That Points Before Approve Your Loan If You aren’t eligible on it they Rejected your application. These Points Are-   

Your Credit score: It also Known As CIBIL Score, Maintain your Credit Advisable to have credit score more than 750. So you have a good chance of getting it approved so if you have less CIBIL score improve your score to at least 750 to avoid rejection.

Insufficient Income If you have insufficient fund in your account or you aren’t paying your monthly obligation on time than also you have high chances of getting it rejected.

 Income Detail on Your Credit Report and application form make sure the information and personal detail you filled is accurate. Then should not be any mistake regard your Pan card, address Proof and Name or any other details on your Application Form.

Existing Loan Obligation: if you already have Number of Loans running than lender then if you are able to pay another EMI or able to repay. Then apply once you have paid some of your loans to avoid rejection.

Too Many Applications in a short time. Frame if you apply for loans from multiple sources with a shorter period of time. So It also Have A Chance of get reject.