Personal Loan Kosamba is the best loaning scheme as it requires minimum documents, and it can be used as per the wish of the customer. Both self-employed and salaried persons can avail a Personal Loan in Kosamba. The loan is used for multiple purposes like planning your wedding, going for a tour, sending your daughter abroad for higher studies and many.
Personal Loan Kosamba Interest Rates
Various banks and NBFCs provide personal loans at different rates. A Personal Loan is usually offered at 10.75% per annum by multiple banks. The interest rate varies according to the borrower’s need as higher the loan amount lesser will be the interest rates.
Eligibility for availing a Personal Loan Kosamba
Both self-employed and salaried candidates can avail a personal loan, but the criteria are different for both the customers.
First of all, the candidate should be a citizen of India/ Permanent Resident.
Secondly, the least age of the borrower should be 21 years.
Next, the age of the borrower should not be more than 60 years (at the completion of a loan.)
After that, the borrower should be working in an organisation for at least the last three months.
Minimum salary of the customer should be Rs 20,000 per month.
The applicant should be getting his/her salary in the bank account.
For Self- Employed:-
First of all, the borrower should be an authorised citizen of India/ Permanent Resident.
Secondly, Minimum age of the customer should be 25 years.
Next, the applicant’s age should not be more than 65 years (at the completion of the loan.)
After that, the borrower should be carrying his business for three years.
Next, the customer 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 Kosamba
Generally, the tenure of a Personal Loan is 1 – 5 years, but it depends on the customer and his paying capacity.
Foreclosure of Personal Loan Kosamba
The customer can avail a foreclosure facility if he is having enough funds and doesn’t want to pay the future installments. To close the loan before the date of tenure, the applicant can avail the foreclosure facility. Various banks and NBFCs charge very nominal amount as foreclosure charges.
Required Documents for Personal Loan Kosamba
The borrower doesn’t require a lot of documents for availing a Personal Loan. Some basic documents are required, and they are listed below:-
Identity Proof – Aadhaar card/ Passport/ Ration card/ Voter card/ Passport/ PAN card.
Residence Proof – Aadhaar card/ Ration card/ Voter card/ Passport/ rent agreement on the name of the customer/ Utility bills on the name of the customer / PAN card.
A salaried individual should have salary slips of last three months.
A self- the employed individual should have Income Tax Returns of the last three years.
Two latest coloured passport size photographs.
How to Apply for Personal Loan Kosamba Online?
Firstly, the customer has to visit our website, i.e., www.lendingwale.com.
Secondly, a borrower should fill his/her basic information.
Once you are done with formalities, our relationship manager will contact you.
Then, our relationship manager will compare and then select the best loan for you.
At last, once you have decided from where you want to get the loan; our relationship manager will help you in getting your loan disbursed.
Personal Loan Kosamba Benefits
First of all, there is no need for any collateral.
Secondly, the process is simple.
Next, it requires minimum documentation.
The approval of the loan is quick.
After that, the applicant doesn’t need a guarantor.
Besides all these, the disbursal is fast.
Kosamba is a town in Mangrol Taluka in Surat District of Gujarat State, India. The place is located 38 KM towards North from District head quarters Surat.
For more information please visit www.lendingwale.com.