LOw Interest Loan

Frequently Ask Questions

If you have a question that deals with clients, customers or the public in general, there is bound to be a need for the FAQ page.

What is Personal Loan?

In finance, a loan is the lending of money by one or more individuals, organizations, or other entities to other individuals, organizations, etc

What can be my loan duration option?

Again depending upon your income and experience the duration would be decided which ranges from 12 to 60 months.

What is minimum and maximum loan limit offered for personal loan ?

Generally, the minimum amount loan amount is Rs 50,000 and maximum amount is Rs 30,00,000. Higher loan amounts are dependent on a personal discussion that a bank may want to have with the borrower and then take a call on the loan amount.

Documents Required while applying for a personal loan?

One need to provide an identity proof, residence proof, last 3 months salary slip, last 6 months bank statement and a passport sized photograph. Banks may also ask for additional documents later like Form 16, appointment letter, company ID card, previous company relieving letter

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Frequently Ask Questions

What is Personal Loan?

What can be my loan duration option?

What is minimum and maximum loan limit offered for personal loan ?

Documents Required while applying for a personal loan?

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