IDBI Personal Loan
Why IDBI Personal Loan ?
- Get loan approval up to 15 Lac,depending on the Profile of the customer.
- Get quick approval within 72 hours.
- NO security or collateral is required.
- Minimum documentation.
- Loan tenure from 12 months to 60 months.
- Repayment mode can be through post dated checks, electronic clearing services, account debit.
- Low interest rates.
- Personal loans available for both salaried as well as self employed applicants.
IDBI Personal loan Documents
Documentation for Personal Loan
- Photo Identity proof.
- 3 month Bank statement.3 month salary slip for salaried along with form 16 if applicable.Last 2 years ITR for self-employed.
- Residence proof
- Signature Verification
- Guarantor (Optional)
- 2 Passport size Photographs.
IDBI Personal loan Eligibility
Eligibility for Personal Loan
For Self Employed Persons:
- Should be from Indian Origin.
- Age of the applicant should be between 23-65 years.
- Minimum income of the applicant should be between 2-2.5 Lac.
- Applicant should have a minimum 3 years working experience.
- Either Residence or office should be owned by the applicant
- Should be from Indian origin.
- Age of the applicant should be between 21-60 years.
- Minimum monthly income of the applicant should be between 15000-20000 Rs.
- Applicant should have a minimum 3 years overall experience with at least 1 month experience in the current organization.
- Residence of the applicant should be self-owned or provided by the company or it can be rented also.