Dreaming of a vacation, a perfect wedding, home renovation or a much desired gadget, you no longer need to wait to realize your dreams. Make life picture perfect with a Personal Loan.
Banks provides you with personal loan to fulfill your dreams with minimum documentation:
For Salaried Individuals
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
Years in current residence
1 Year (One Day if in a Super A Company)
For Self Employed Individuals
23 years (self employed individuals) and 25 years (for doctors); Maximum age – 65 years
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
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
List of documents for Salaried
KYC Documents : Proof of Identity; Address proof; DOB proof.