What is personal loan full details?
PERSONAL LOAN DETAILS A loan that does not require collateral or security and is offered with minimal documentation. You can use the funds from this loan for any legitimate financial need. Like any other loan, you must repay it accordance to the agreed terms with the bank.
What is eligibility for personal loan?
Individuals between 21 and 60 years of age. Individuals who have a job for at least 2 years and they have one year of employment of that company. Those who earn a minimum of 25,000 net income per month.
What the main documents needs for this loan?
Documents required
- Identity proof (copy of passport/voter ID card/driving license/Aadhaar)
- Address proof (copy of passport/voter ID card/driving license/Aadhaar)
- Bank statement of previous 3 months (Passbook of previous 6 months)
- Two latest salary slip/current dated salary certificate with the latest Form 16.
What is minimum limit of personal loan?
These loan amounts range from Rs. 50,000 up to Rs. 50 lakhs. The loan amount is determine based on these factors like, your age, income, credit score and job type.