CreditMantri Finserve Private Limited
Door No.3, Block B, No. 147, 2nd Floor, Workeasy Space Solutions, RK Swamy Centre, Hansa Building, Pathari Road,Thousand Lights, Chennai, Tamil Nadu600006
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Get personal loans in India that are best matched to your credit profile
Currently not available! for similar products
personal loans are an excellent credit option. They provide flexibility and convenience, and they can assist you in meeting your financial objectives. They are also one of the most difficult loans to obtain since they are unsecured, which means they do not require any collateral or guarantee. Lenders have strict eligibility criteria to process a personal loan.
They look at your credit score and other factors, in addition to your income, to determine your
personal loan interest rate and other loan terms. As a result, people with low credit scores, as well as young earners and self-employed individuals, have a difficult time obtaining a personal loan when they need it the most. That is why MyMoneyMantra's low-interest personal loans may be a better fit for you.
MyMoneyMantra is a large network of banks and NBFCs that offer various credit facilities to individuals and businesses. Established in 1989, MyMoneyMantra has disbursed more than 50 lakh loans to eligible applicants.
MyMoneyMantra platform allows you to choose and compare loans and credit cards from different lenders and apply for them on the platform itself. The platform also offers other useful tools like Personal Loan Eligibility calculator,
Personal Loan EMI Calculator, Loan Prepayment Calculator, and other comparison tools to find the best personal loan for your needs.
Here are the popular personal loan products available from MyMoneyMantra -
11.25% - 16%
Up to 2.50%
10.50% - 19%
Up to 2.25%
IDFC First Bank
10.49% - 24%
Up to 2%
3.99% to 6%
9.80% - 12.30%
Up to 1.50%
10% - 24%
Kotak Mahindra Bank
10.99% - 24%
Up to 2% + GST
Up to 4.13% + GST
9.99% - 14%
Up to 1%
1.50% to 2% + GST
9.80% - 14.65%
Up to 1% + GST
10.49% - 17.99%
Up to 3%
Bank of Baroda
9.20% - 16.55%
11.65% - 14.30%
Up to 0.50%
Central Bank of India
9.85% - 10.05%
Up to Rs. 500
9.40% - 9.90%
Fixed By Bank
10.65% - 10.90%
Bank of India
11.25% - 13.25%
South Indian Bank
11% - 18.5%
2% + GST
9.50% - 14%
Up to 1% + taxes
11.90% - 15.70%
Up to 2.5%
Min. Work Experience
Maximum Loan Amount
IDFC FIRST Bank
Indian Overseas Bank
You can apply for a personal loan from MyMoneyMantra if you satisfy these eligibility criteria –
The personal loan application is completely online. Once you fill in the required details, a representative from MyMoneyMantra will contact you for next steps –
Registered Rent Agreement
Income Documents - Salaried
Salary slips for the last 6 months
IT Return along with Form 16 for the past 2 years
Bank account statements of previous 3 months that reflects your salary credits and other income
Employment certificate from current employer
Income Documents - Self-employed
Financial statements that include Balance Sheet and Profit and Loss Statement
IT Returns for the last 2 years
Proof of continuity of business income such as Bank Account Statement
Business documents, like GST Registration
Duly filled personal loan application form
Recent passport-sized photographs
Cheque for the Processing fee
1. Does MyMoneyMantra still offer Covid personal loans?
Covid-19 personal loans were available until July 31, 2020, to help with covid-related financial stress. Many banks provided these loans. They are, however, no longer available in India.
2. What is the average interest rate on personal loans available through MyMoneyMantra?
The interest rate for personal loans is currently averaging between 9.9% and 24%. You can compare various personal loan lenders on the MyMoneyMantra platform before applying.
3. What is the benefit of applying for a personal loan via the MyMoneyMantra platform?
When you apply through MyMoneyMantra, you can compare offers from more than 100+ lenders across India. You can get an instant online application and a swift response on your application.
4. How much CIBIL™ score do I require to apply for a personal loan on MyMoneyMantra?
You will need a minimum CIBIL™ score of 700 to apply for a personal loan.
5. Can I add a co-applicant on my personal loan application?
Adding a co-applicant will increase your chances of loan approval.
CreditMantri will never ask you to make a payment anywhere outside the secure CreditMantri website. DO NOT make payment to any other bank account or wallet or divulge your bank/card details to fraudsters and imposters claiming to be operating on our behalf.