Personal Loan is a kind of loan that establishes consumer credit that is granted for personal use. Personal Loan Amalsad based on the borrower’s integrity and ability to pay. A personal loan is unsecured loan. It helps you meet your current financial needs. You don’t usually need to pledge any security while availing a personal loan and your lender provides you with the flexibility to use the funds as per your need.
Personal Loan Amalsad interest rate
The borrower can get the best loan depending upon his/her capacity to pay back and the company you are working with. Tahe lowest interest rate for availing a personal loan is 10.75%per annum, which is even less than 1% per month. Higher the amount of loan, lesser will be the interest rates.
Personal Loan Amalsad eligibility
Not everyone can get a personal loan. There are some criteria on the basis of them the bank provide a personal loan to the applicants. Let us discuss them.
First of all, the age of the applicant should be more than 21 years. After that he/she should be earning Rs. 18000 per month at least. After that, the applicant should have the work experience of 3 years at least. After that he/she should be getting the salary in his/her bank account. The credit history of the applicant should be good.
The age of self- employed applicant should be 25 years at least. He/she should be filing ITR for last three years at least. His/her CIBIL score should be good. The ITR should be of Rs. 2.5 Lakhs per annum at least.
Benefits of Personal Loan Amalsad
The approval of the personal loan is speedy and hassle-free. It is an unsecured loan, so there is no need to pledge any collateral. The approval of the loan is within 30 minutes. Personal loan requires minimal documentation. The disbursal of personal loan requires only 24 hours. The interest rates are low. The applicant can use the loan amount anyway he/she likes.
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.
Documents required for Personal Loan Amalsad
An Identity proof is required. (Passport/Id card/voter card/driving license) Two passport size colored photos. (Applicant should not be wearing glasses) Bank statement of the last six months and salary slip of last three months needed. Residence proof can be the Aadhar card, voter card, and passport (Passport/Id card/voter card/driving license). Electricity and water bill for the last three months because these are the proofs that you are residing in that particular place. Last three months salary slips of the applicant are required.
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. Then, he will compare different loaning schemes according to your eligibility.
Simultaneously, select the best loaning scheme for you.
Tenure of Personal Loan Amalsad
The applicants are free to choose the mandate of the Loan according to their convenience. It can be from 1 to 5 years.
Amalsad is a small town in Gujarat, India. It is a prominent rail junction on the Mumbai-Vadodara line of the Western Railway (India). The three closest localities to Amalsad are Gandevi, Kachholi, and Billimora. It has a total population of 7572, and absolute no. of houses are 1682.
For more information, please visit www.lendingwale.com.