Personal Loan is a type of loan used by the people for meeting the needs of the family members and also for their requirements for example: To pay personal expenses, to go on a vacation, purchase any precious asset, etc. Personal Loan Ahmedpur are specially designed for people who don’t want to go through the hassles of providing security.
The interest rates for availing a personal loan are not very much. Generally, the interest rate starts from 10.75%. However; it can be changed from time to time and as per the customer requirement. Approval of a personal loan depends on various factors like the income of the applicant, the amount of Loan the applicant requires, and the company in which the customer is working. However, it can be changed from time to time and as per the customer requirement.
Personal Loan Ahmadpur eligibility
A personal loan is available to both salaried and self-employed persons, and both have different eligibility criteria.
For salaried persons
First of all, residency: the person should be a permanent resident of India.
After that, the minimum age: the person should be 21 years.
Maximum age: The maximum age of the applicant should be 60 (at the completion of the loan).
Credit score: The minimum credit score of the applicant should be 700.
Salary: The salary of the applicant should not be less than 18000.
First of all, citizenship: he should be an Indian.
Secondly, the age: applicant should be between 25 – 65 years.
ITR file: The applicant should be filing ITR minimum of Rs. 2.5 lakh annually for the last three years.
Business: He/ she should have been running his business from the last five years.
Is Personal Loan secured?
It falls under the category of unsecured loans, so there is no need to pledge any collateral security to the bank to get a personal loan and, is also beneficial to meet the urgent financial requirement of the applicant.
Benefits of Personal Loan Ahmadpur
Personal loan gets quickly approved within 30 minutes.
Approval of a personal loan requires minimal documentation.
As it is an unsecured loan, so there is no need to pledge any collateral.
The applicant can use the loan amount anyway he/she likes.
Disbursal of personal loan requires only 24 hours.
Interest rates are low.
Documents required for Personal Loan Ahmadpur
Identity proof: Aadhar card, pan card, voter card, passport, and driving license.
Residence proof: utility bills and rental agreement in the name of the applicant.
Photographs: Two latest colored passport size photographs are required.
Bank details: The Applicant should have proper Bank account details of the last six months.
How to apply for Personal Loan Ahmadpur online?
In the first place, you need to visit our website, i.e., www.lendingwale.com.
Afterwards, you need to fill your necessary information.
Now, our relationship manager will contact you as soon as possible.
Immediately, our relationship manager will compare different loaning schemes according to your eligibility and will simultaneously, select the best loaning scheme for you.
At last, your loan will get disbursed within 24 hours.
Tenure of Personal Loan Ahmadpur
Applicants are free to choose the mandate of the Loan according to their convenience. It can be from 1 to 5 years.
Ahmedpur is a city in the Latur district of Indian state Maharashtra. Its total population is 35786, out of which 18,900 are males, and 16886 are females.
Personal Loan interest rates
|Bank||Interest Rates||Processing Fees|
|HDFC Bank||10.99% to 18%||2% to 2.5%|
|ICICI Bank||13.99% to 18%||2%|
|Fullerton India||17.25% to 32%||2% to 3%|
|Bajaj Finserv||13.99% to 16.75%||2% to 3%|
|Axis Bank||15.50% to 24%||1.5% to 2%|
|Standard Chartered Bank||15.75% to 22%||2% to 3%|
|Kotak Mahindra Bank||13.75% to 19%||2%|
|Andhra Bank||13.50% to 22%||0.5% to 1.5%|
|Bank of Baroda||13.50% to 19%||2%|
|Vijaya Bank||13.75% to 22%||1.5% to 2%|
|Corporation Bank||14.50% to 20%||1.5% to 3%|
|Allahabad Bank||13.70% to 20%||1.5% to 2%|
For more information visit www.lendingwale.com.