Various commercial banks and NBFC’s provide a Personal Loan. Personal Loan in Chandgad Loan is a scheme in which there is no need to pledge any security to the banks. It is an unsecured loan. The Loan is available to both salaried and self-employed individuals. To avail, Personal Loan Chandgad there is no need of any guarantor. The credit history of the applicant plays a vital role in getting a Personal Loan.
Personal Loan Chandgad interest rate
Various NBFC’s and commercial banks provide personal loans at different interest rates. Generally, a personal loan is offered at 10.75% per annum, which is less than even 1 % per month. The interest rate varies according to the person’s need as higher the loan amount lesser will be the interest rates.
Eligibility for availing Personal Loan Chandgad
Both salaried and self-employed applicants can get a personal loan, but the criterion is different for both the applicants.
For Salaried:-
First of all, the applicant should be an authorized citizen of India/ Permanent Resident.
Secondly, Minimum age of the applicant should be 21 years.
Next, the applicant’s maximum age should not be more than 60 years (at the completion of the loan.)
After that, the applicant should be working in an organization for at least 3 months.
Minimum salary of the applicant should be at least 18,000 per month.
The applicant should be getting his salary in the bank account.
For Self- Employed:-
First of all, the applicant should be an authorized citizen of India/ Permanent Resident.
Secondly, Minimum age of the applicant should be 25 years.
Next, the applicant’s maximum age should not be more than 65 years (at the completion of the loan.)
After that, the applicant should be carrying his business for at least 3 years.
Next, the applicant should be filing his Income Tax Returns at least for three years with a minimum amount of Rs. 2.5 lakhs.
Tenure of Personal Loan Chandgad
Generally, the tenure of Personal Loan is 1 – 5 years, but it depends on the customer and his paying capacity.
Foreclosure of Loan
The applicant can avail foreclosure facility if he is having enough funds and doesn’t want to pay the future installments. The applicant can avail the foreclosure facility to close the loan before the tenure. The banks and NBFC’s charge very nominal amount as foreclosure charges.
Documents required for Personal Loan Chandgad
The applicant doesn’t require a lot of documents for availing a Personal Loan. Some basic documents are required, and they all are listed below:-
Identity Proof – Aadhaar card/ PAN card/ Ration card/ Voter card/ Passport.
Residence Proof – Aadhaar card/ PAN card/ Ration card/ Voter card/ Passport/ Utility bills on the name of applicant / rent agreement on the name of the applicant.
A salaried applicant should have salary slips of at least the last three months.
A self- the employed applicant should have Income Tax Returns of at least last three years.
Two latest colored passport size photographs.
Online application of Personal Loan Chandgad
Firstly you have to visit our website i.e., www.lendingwale.com.
Secondly, you should fill your necessary information on the form.
Once you are done with all the formalities, relax and chill. Our relationship manager will soon be in touch with you.
After that, our relationship manager will compare and select the best loaning scheme for you.
At last, you decide from which bank you want to avail the loan; our relationship manager will help you to get your loan disbursed.
Personal Loan Chandgad benefits
First of all, there is no need to pledge any security.
Secondly, the process is straightforward and speedy.
Next, it requires minimal documentation.
The loan gets quickly approved.
After that, the applicant doesn’t require any guarantor.
Besides all these, the disbursal of the loan amount is fast.
About Chandgad
Chandgad is a city and tehsil headquarters in Gadhinglaj, which is a subdivision of Kolhapur district that is in the Indian state of Maharashtra.
For more information please visit www.lendingwale.com.