A Personal Loan:

FEATURES OF PERSONAL LOAN
S.No. Features
1 Provided without any specific purpose
2 No collateral or guarantor required
3 Attractive Rate of Interest
4 Shorter term loans compared to other loans (i.e 3 to 5 years)
5 TAT for Personal Loan is 48 hours
6 Personal loan ranges from Rs.50,000 to Rs.50 Lakhs approximately and are typically repaid in tenures ranging from 1 to 5 years
7 Higher Loan Amount + Least Loan Tenure = Low Interest Amount
DOCUMENTS REQUIRED
S.No. Documents
1 KYC – PAN Card and Aadhar Card
2 Company’s ID Proof
3 Residence Electricity Bill
4 3 Month’s Salary Slip
5 Bank Statement of Last 6 Months
6 2 Years of Form 16