What is Personal Loan?
Personal Loan is an unsecured loan that provides financial assistant to the borrower in consideration of an affordable rate of interest. Furthermore, there is no restriction on the usage of the personal loan amount the borrower can use the funds for any purposes.
Personal Loan Vaijapur Interest Rates
The interest rates in Personal Loan depends upon the company’s profile and salary of a person. The interest rate of personal Loan starts from 10.75% per year.
More About: Interest Rates on Personal Loan
Why Personal Loan Vaijapur?
The processing fee is up to 2% of the loan amount.
The loan tenure ranges up to 5 years.
The lowest EMI per lakh is Rs 2,162.
The prepayment charges are NIL up to 5 percent.
Personal Loan Vaijapur Eligibility Criteria
Eligibility for Loan depends upon several factors such as your credit score, monthly income, and several other ongoing EMIs, etc. There are two categories of applicants:
- Salaried Applicant
- Self-employed Applicant
There are various eligibility criteria for both applicants:
- Salary: Rs 18,000 (Monthly).
- Minimum Age: 21 Years.
- Maximum Age: 60 Years.
- Work Experience: Should be Overall, three years and must have 1-year experience in the ongoing job.
- CIBIL Score must be more than 700.
- A person who gets his/her salary in cash is not eligible for availing Loan
Self Employed Individuals:
- Minimum Age: 25 Years.
- Maximum Age: 65 Years.
- Should be filing for an annual ITR of 2.5 to 3 lakh.
- Residence: Must be having an Office or Home.
- The business should be running for the last three years.
- CIBIL Score must be more than 700.
Personal Loan Vaijapur Documents
Identity proof: One should have these following documents with him(Passport/Id card/voter card/driving license/Aadhaar Card) any one of them will work.
Residence proof: The documents needed as proof of residence are: (Passport/Id card/voter card/driving license/Ration Card/Aadhaar Card). And if the applicant is living in a rented apartment, then he has to submit, electricity bill on his name and the address of the owner and his rental agreement.
KYC formality: The applicant has to provide his PAN card.
Salaried applicant: The applicant has to submit his bank statements of the last six months and the salary slip of the previous three months.
Self-employed: The person applying for a personal loan should file ITR for the last three years, and the business should be registered.
Colored photograph: applicant must have two passport size photograph
Why your decision of choosing lendingwale is the right decision?
Firstly, lendingwale responds to the customer’s queries very quickly.
Besides that, the interest rates we offer are minimum as compared to other competitors.
Furthermore, here, you can easily compare the rate of interest with other financial and non-financial institutes.
Moreover, after that, here, you will get proper guidance for the personal loan.
At last, If you apply on the lendingwale, you will get a document pickup facility from your doorstep.
How to apply for Personal loan Vaijapur?
- Search for www.lendingwale.com on google.
- First of all, a form will open up.
- After that, fill the required information.
- Besides, you will get more information from us.
Vaijapur is a city in the district Aurangabad of Maharashtra state, India. It is very beneficial for an individual to take a personal loan, all you have to do is to visit lendingwale website.
Personal Loan Interest Rates: Updated
|HDFC Bank||10.99% to 18%|
|ICICI Bank||13.99% to 18%|
|Fullerton India||17.25% to 32%|
|Bajaj Finserv||13.99% to 16.75%|
|Axis Bank||15.50% to 24%|
|Standard Chartered Bank||15.75% to 22%|
|Kotak Mahindra Bank||13.75% to 19%|
|Andhra Bank||13.50% to 22%|
|Bank of Baroda||13.50% to 19%|
|Vijaya Bank||13.75% to 22%|
|Corporation Bank||14.50% to 20%|
|Allahabad Bank||13.70% to 20%|