Personal Loan EMI and Interest Rates

Check your Personal Loan Eligibility and EMI



Apply for Personal Loan @ 12.99%



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Personal Loan

Thinking 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.

Benefits

  • Wide range of product to choose from
  • Guidance throughout the process.
  • Doorstep service at your comfort.
  • Simple documentation
  • Sanction without having selected a property
  • Flexible repayment options
  • Insurance options for Personal loan at attractive premium

Personal Loan Eligibility

Banks provides you with personal loan to fulfill your dreams with minimum documentation.

For 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 residence1 Year (One Day if in a Super A Company).

For Self Employed Individuals

Age3 years (self employed individuals) and 25 years (for doctors); Maximum age – 65 years

Minimum Turnover– Rs. 40 LAC 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.

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.
  • Residence proof or office ownership.
  • Proof of continuity of business.

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