Personal Loan is an unsecured loan. It is the best way to get financial aid from the banks and non-banking financial companies in case of financial problems. Besides this, the amount of personal Loan can be used in anyway according to the needs of the borrower. Personal Loan Akkalkuwa is a loaning scheme provided to customers by banks and non-banking financial companies to fulfill their various needs. The approval of the personal Loan is based on the income of the applicant. Besides this, the Credit history of the applicant also plays an essential role in availing a Personal Loan.
Personal Loan Akkalkuwa interest rate
The rates of interest of the personal Loan depend on the various factors like the income of the applicant, the amount of Loan the applicant requires, and the company in which the customer is working. Generally, the basic rate of interest in the personal Loan is 10.75% per annum. However, it can be changed from time to time.
Personal Loan Akkalkuwa eligibility
A personal loan is available to both salaried persons and self-employed persons. And the criterion for both the applicants is different.
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?
The personal loan 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. It is also beneficial to meet the urgent financial requirement of the applicant.
First of all, a personal loan gets quickly approved within 30 minutes.
Then there is no need to pledge any collateral as it is an unsecured loan.
The process is convenient and hassle-free.
The applicant can use the loan amount as he/she likes.
Moreover, the loan gets quickly disbursed within 24 hours.
The interest rates of a personal loan are low.
Identity proof- Aadhar card, pan card, voter card, passport, driving license.
Residence proof- utility bills and rental agreement in the name of the applicant.
Photographs – two latest colored passport size photographs.
Bank details – the applicant should have proper Bank account details of the last six months.
How to apply online?
First of all, you need to visit our website, i.e., www.lendingwale.com.
After that, you need to fill your necessary information.
Make sure you fill your correct information so that we can contact you.
Now, once you are done with the formalities, all you need to do is sit and chill, our relationship manager will contact you as soon as possible.
Our relationship manager will compare different loaning schemes according to your eligibility and select the best loaning scheme for you.
At last, your loan will get disbursed within 24 hours.
The applicants are free to choose the mandate of the Loan according to their convenience. It can be from 1 to 5 years.
Akkalkuwa is a town in Nandurbar district in Maharashtra state. Akkalkuwa lies in the Satpuda range of hills, with Narmada river forming northern boundary. This taluka has no Nagarpalika. The population of this town is 17,840(2011).
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.