With a personal loan now, one can think of fulfilling his desires or needs. Personal loan Apra helps people who need more money for any medical emergency, education purpose, wedding occasion or any other reason. All you need to do is provide the bank with a few personal details of yours and get comfortable and hassle-free disbursal. Personal Loans are sanctioned by various banks across the country and are available at reasonable interest rates.
Personal loan Apra 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 Apra eligibility
A personal loan is available to both salaried persons and self-employed persons. And the criterion for both the applicants is different.
Firstly, the customer should be a citizen of India/permanent resident.
After that, the minimum age should be 21 years.
The maximum age for availing a personal loan is 60 years (at the time of completion of the loan).
The minimum credit score of the applicant should be 700.
The salary of the applicant should not be less than 18000.
First of all, the borrower should be a citizen of India/ permanent resident.
Secondly, the age of the applicant should be between 25 – 65 years (at the completion of the loan).
He/she should be filing ITR minimum of Rs. 2.5 lakh annually for the last three years.
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.
Benefits of Personal loan Apra
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 applicant can use the loan amount anyway he/she likes.
Personal loan requires minimal documentation.
The disbursal of personal loan requires only 24 hours.
The interest rates are low.
The loan gets approved within 30 minutes.
Documents required for Personal loan Apra
Identity proof- Aadhar card, pan card, voter card, passport, driving license.
Residence proof- Aadhar card, pan card, voter card, passport, utility bills and rental agreement in the name of the applicant.
Two latest coloured passport size photographs.
Applicant should have Salary slips.
The Applicant should have Bank account details of the last six months.
How to apply online?
First of all, visit our website, i.e., Lendingwale
After that, fill application form.
Make sure you fill your correct information so that we can contact you.
Now, once you are done with the formalities.
Then, our relationship manager will contact you as soon as possible.
Likewise, he will compare different loaning schemes according to your eligibility.
Simultaneously, he will select the best loaning scheme for you.
At last, your loan will get disbursed within 24 hours.
Tenure of Personal loan Apra
The applicants are free to choose the mandate of the Loan according to their convenience. It can be from 1 to 5 years.
Apra is a town in Phillaur in Jalandhar district of Punjab State, India. The city is popular for gold jewelry and paddy crops. It is also known as the golden city of Apra.