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Easy documentation and quick processing
Speedy approvals and disbursals
Loan amounts range from Rs 50,000 to Rs 15 lakhs.
Loans for salaried & self-employed individuals. Flexible tenure of up to 5 years making repayment easier
Interest Rate starting at 9.5% p.a.—depending on your credit history and other factors
Over-the-Counter loans are available with lenders based on certain conditions
Facility to apply online with most lenders
Special offers for existing customers like a reduced interest rate, no loan processing charges, etc.
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The loan applicant must be a resident Indian of age from 21 years to 65 years.
The minimum net monthly income shall be Rs 15,000 for urban areas and Rs 10,000 for rural areas.
The applicant must be in regular employment, have at least one year of experience, or have a regular source of income.
Personal loans are available to self-employed individuals like doctors and chartered accountants as well.
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Proof of Identity – Aadhar card, Voter ID, Driving licence, Passport
Proof of Address/Proof of address of office – Aadhar, Passport, Utility bills
Proof of continuity of business – Rental agreement, Bank statements
2 Passport size photographs
Proof of Income
Individuals in regular employment – Last 3 months’ pay slip, Last 3 years' Income Tax return
In the case of self-employed individuals – financial statements for 3 years, Income Tax returns of the past 3 years
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Click on “CHECK ELIGIBILITY”
Fill in your basic identity details like email ID, Mobile number, city, employment details, and info about any loans that you may already have.
Tick all checkboxes for agreement terms.
Click on “Submit”
Enter the OTP from your registered mobile number.
Proceed with the rest of the application for instant processing
Online Apply Via Bank’s Website
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Visit the official website of the bank.
Provide your registered mobile number, employment, and income details.
If you are already an existing customer, your application will be processed instantly.
Else, the authorised representative of the banker will keep in touch for further steps.
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Telephone
Email
Visiting the bank
Mailing the bank
Contacting nodal officers
2:I’m a photographer. Can I get a personal loan?
Yes. Personal loans are available for self-employed professionals as well. 3:Can I prepay my personal loan? Yes. You can prepay your personal loan with relevant foreclosure or pre-closure charges as per your loan agreement.4:How to pay the personal loan EMIs?
The most common method is Electronic Clearing System or ECS. You can also opt for post-dated cheques, NACH clearing, and debit mandates according to the preference of your lender.5:What are the different types of personal loans?
Wedding, educational, medical, travel, pensioners, and festival loans are the most popular types of personal loans.