Personal Loan Alampur

Personal loans can be a viable option in a variety of circumstances. First, let’s define a personal loan. Some loans are earmarked for a specific purchase. But a personal loan can be used for just about anything. Some lenders want to know what you will do with the money they lend you, but as long as you’ve borrowed it for a responsible and legal reason, you can do what you want with a personal loan often has no collateral—it is “unsecured”—the interest rate will probably be higher.

Personal loan Alampur interest rates

The borrower can get the best loan depending upon his/her capacity to pay back and the company you are working. Higher the amount of credit, lesser will be the amount of interest. The lowest interest rate for availing a personal loan is 10.75%per annum, which is even less than 1% per month.

Benefits of availing a personal loan

It requires minimal documentation.
The loan can be used in any way the borrower likes.
A personal loan is, and hence, the bank doesn’t need any collateral.
You can borrow money without using your valuable assets.
The loan amount gets disbursed within 72 hours.

Personal loan Alampur eligibility

Salaried

Profession: The person should be working in a government, private or MNC Company.

Eligible Age: The Minimum age to apply for a Personal Loan is 21 years, and the maximum is 60 years.

Minimum income: The person should be getting a minimum of 20,000p.m. Salary.

Work Experience: The applicant should have at least three years of working experience, and more than three months of experience in the current company.

CIBIL score and EMI percentage: The minimum CIBIL score required for Personal Loan is 650 & maximum EMI should be not more than 65% of monthly income.

Self-Employed

Profession: The Person should be professionals like Doctors, CA, CS, Architects, Lawyer or, doing his own business.

Eligible Age: The minimum age to apply for a personal loan is 23 years and, maximum is 65 years.

Minimum income:  The minimum revenue from business or the profession should be not less than 25,000p.m.

Work Experience: The person should have at least three years of his professional experience.

Is Personal Loan Secured?

The personal loan falls under the category of unsecured loans, so there is no need to pledge any collateral security to the bank to get a personal loan. It is also beneficial to meet the urgent financial requirement of the applicant.

Benefits of Personal Loan Alampur

Personal loan requires minimal documentation.
The approval of the personal loan is speedy and hassle-free.
It is an unsecured loan, so there is no need to pledge any collateral.
The loan gets approved within 30 minutes.
The disbursal of personal loan requires only 24 hours.
The interest rates are low.
The applicant can use the loan amount anyway he/she likes.

Documents Required 

Salaried

Identity Proof: Adhar Card, Passport, Voter ID card or Driving License

Address proof: Ration card, Passport, rent agreement, electricity/water bill.

Last six months Bank statement & 3 months’ salary slip

Latest form 16

PAN card

Self-Employed

Identity Proof: Adhar Card, Passport, Voter ID card or Driving License

Address proof: Ration card, Passport, rent agreement, electricity/water bill.

Last six months Bank statement.

Latest ITR along with computation of income along with P/L audited by certified CA for the previous 2 years.

How to apply online?

First of all, you need to visit our website, i.e., www.lendingwale.com.
After that, you need to fill your necessary information.
Make sure you fill your correct information so that we can contact you.
Now, once you are done with the formalities, all you need to do is sit and chill, our relationship manager will contact you as soon as possible.
Our relationship manager will compare different loaning schemes according to your eligibility and select the best loaning scheme for you.
At last, your loan will get disbursed within 24 hours.

Tenure 

The applicants are free to choose the mandate of the Loan according to their convenience. It can be from 1 to 5 years.

About Alampur

Alampur is a town located in Jogulamba Gadwal district in the Indian state of Telangana. Alampur is located on the left bank of the Tungabhadra River. It has a total area of 184 square miles in 43 villages. The official language of Alampur is Telegu. The total population of the town is 9350.

Personal Loan Interest Rates

Bank Interest Rates Processing Fees
HDFC Bank 10.99% to 18% 2% to 2.5%
ICICI Bank 13.99% to 18% 2%
Fullerton India 17.25% to 32% 2% to 3%
Bajaj Finserv 13.99% to 16.75% 2% to 3%
Axis Bank 15.50% to 24% 1.5% to 2%
Standard Chartered Bank 15.75% to 22% 2% to 3%
Kotak Mahindra Bank 13.75% to 19% 2%
Andhra Bank 13.50% to 22% 0.5% to 1.5%
Bank of Baroda 13.50% to 19% 2%
Vijaya Bank 13.75% to 22% 1.5% to 2%
Corporation Bank 14.50% to 20% 1.5% to 3%
Allahabad Bank 13.70% to 20% 1.5% to 2%

For more information, visit www.lendingwale.com.