Personal Loan Chennai

Personal Loan at 10.75%*

Apply & Get Instant Aproval

All About Personal Loan Chennai

If the applicant needs some financial help, then Personal Loan is beneficial. Many commercial banks and non-banking financial institutions provide this loan facility to the borrowers. To avail Personal Loan in Chennai, there is no need of any guarantor. The applicant can apply quickly as the process is, and it requires minimal documentation. To avail best personal loan scheme, vist lendingwale.com

Interest Rates of Personal Loan Chennai:


Many NBFCs and banks provide personal loans at different rates. Generally, personal loans are offered at 10.75% annually. The interest rate varies according to the customer’s need as higher the loan amount lesser will be the interest rates.

To know more: Personal Loan Interest Rates

 

Eligibility for availing a Personal Loan Chennai:


Both Self-employed and Salaried applicants can avail a personal loan, but the criterion is different for both the customers.

For Salaried:

Firstly, the borrower should be an Indian citizen.

Secondly, the applicant’s age should be at least 21 years.

Next, the applicant’s age should not be above 60 years.

After that, the borrower should be working in a company from the last three months.

Minimum net salary of the customer should be Rs 18,000 per month.

Minimum gross salary of the customer should be Rs 20,000 per month.

For Self- Employed:

Firstly, the borrower should be an Indian citizen.

Secondly, the applicant’s age should be at least 25 years.

Next, the applicant’s age should not be above 65 years.

After that, the person should be carrying his/her business for at least three years.

Next, the customer should be filing his/her Income Tax Returns at least for three years with a minimum amount of Rs. 2.5 lakhs.

Foreclosure of Loan:


A foreclosure facility is available for the applicant if he/she wants to close the loan before the date of tenure. The banks charge a very nominal amount as foreclosure charges.

Documents Required for  getting a Personal Loan Chennai:


The borrower doesn’t require too many documents for availing a personal loan. Some necessary documents are needed, and they are mentioned below:-

Identity Proof – An Aadhaar card/ Passport/ PAN card/ Ration card/ Voter card.

Residence Proof – Aadhaar card/ Ration card/ Voter card/ PAN card/Passport/rent agreement on the name of the applicant/ Utility bills on the name of the applicant.

A salaried person should have salary slips of at least the last three months.

A self- the employed person should have Income Tax Returns of at least last three years.

Two coloured passport size photographs.

 

How to Apply Online for Personal Loan Chennai?


Visit our website, i.e. lendingwale.com .

Fill your details on the form.

Once you are done with formalities, all you need to do is relax. Our relationship manager will contact you.

After that, our relationship manager will select the best loan scheme for you.

Once you have decided from which bank you want to avail the loan; our relationship manager will help you to get your loan disbursed.

Benefits of taking Personal Loan Chennai:


Personal Loan Chennai

The applicant doesn’t have to pledge any security.

The process is speedy.

Requires minimum documentation.

Gets quickly approved.

The customer doesn’t need any guarantor.

Besides all these, the loan disbursal is speedy.

 

Why Personal Loan Chennai?


We don’t require mortgaging any asset against the loan amount.

The process of loan approval is quick and hassle-free.

It requires very minimal documentation for loan approval.

We don’t require any guarantor for loan approval.

 

About Chennai


Chennai, on the Bay of Bengal in eastern India, is the capital of the state of Tamil Nadu.  For more information, please visit lendingwale.com