All About Personal Loan Barabanki
Personal Loan Barabanki is an unsecured loan advanced based on your credit history and ability to repay the same from your income. It is a multi-purpose loan used by the people for meeting the immediate needs. E.g., if you wish to renovate your house, buy a gadget or buy a car or need some funds for a vacation or your wedding Then Personal Loan would be a reliable instrument to source some funds.
Personal Loan Interest rates:
The borrower can get the best Loan depending upon his/her capacity to pay back and the company you are working with. The lowest interest rate for availing a personal Loan is 10.75%per annum, which is even less than 1% per month. Higher the amount of Loan, lesser will be the interest rates.
Personal Loan Barabanki eligibility:
Not everyone can get a personal Loan. There are some criteria on the basis of them the bank provide a personal Loan to the applicants. Let us discuss them.
There are two categories of applicants.
Salaried & Self-Employed
Salaried:
First of all, the age of the applicant should be more than 21 years.
After that he/she should be earning Rs. 15,000 per month at least (Net-Income).
After that, the applicant should have the work experience of 3 years at least.
After that he/she should be getting the salary in his/her bank account.
The credit history of the applicant should be good.
Self-employed:
If the applicant is self-employed, then his/her age should be 25 years at least.
He/she should be filing ITR for last three years at least.
His/her CIBIL score should be good.
The ITR should be of Rs. 2.5 Lakhs per annum at least.
Benefits of Personal Loan Barabanki:
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.
Personal Loan requires minimal documentation.
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.
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.
Documents required:
One Identity proof is required. (Passport/Id card/voter card/driving license)
Two passport size colored photos. (Applicant should not be wearing glasses)
Bank statement of the last six months and salary slip of last three months needed.
Residence proof can be the Aadhar card, voter card, and passport (Passport/Id card/voter card/driving license). Electricity and water bill for the last three months because these are the proofs that you are residing in that particular place.
The applicant is required to have salary slips of last three months.
Foreclosure facility;
Foreclosure of your personal Loan will be allowed any time during the entire Loan tenure after at least 1 installment is paid by the borrower. You have to pay 3% of the Loan amount that is outstanding after the payment of the EMIs along with taxes before closing your personal Loan as Foreclosure charges.
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 of Personal Loan:
The applicants are free to choose the mandate of the Loan according to their convenience. It can be from 1 to 5 years.
About Barabanki
Barabanki is a city in the state of Uttar Pradesh in India. It is the administrative headquarters of Barabanki District. The town is about 20 km east of Lucknow, the state capital.
For more information, please visit www.lendingwale.com.