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Personal Loan Bhubaneswar

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    All About Personal Loan Bhubaneswar

    As the name suggests, Personal Loan is nothing but a financial product in which you take the loan amount from the bank for your personal loan use. As a result, you are free to use the loan amount in any way you like. You can use it for paying your uncertain medical expenses, or you can use the loan amount for establishing a new business. Avail your Personal Loan in Bhubaneswar and turn your dreams into reality.

    Interest Rates of Personal Loan in Bhubaneswar


    Many NBFCs and banks provide personal loans at different rates. Generally, personal loans are offered at 10.75% annually. The interest rate varies according to the customer’s need as higher the loan amount lesser will be the interest rates.

     

    Eligibility Criteria for Personal Loan Bhubaneswar:


    Both Self-employed and Salaried applicants can avail a personal loan, but the criterion is different for both the customers.

    For Salaried:

    Firstly, the borrower should be an Indian citizen.

    Secondly, the applicant’s age should be at least 21 years.

    Next, the applicant’s age should not be above 60 years.

    After that, the borrower should be working in a company from the last three months.

    Minimum net salary of the customer should be Rs 15,000 per month.

    Minimum gross salary of the customer should be Rs 17,000 per month.

    For Self- Employed:

    Firstly, the borrower should be an Indian citizen.

    Secondly, the applicant’s age should be at least 25 years.

    Next, the applicant’s age should not be above 65 years.

    After that, the person should be carrying his/her business for at least three years.

    Next, the customer should be filing his/her Income Tax Returns at least for three years with a minimum amount of Rs. 2.5 lakhs.

    Foreclosure of Loan:


    A foreclosure facility is available for the applicant if he/she wants to close the loan before the date of tenure. The banks charge a very nominal amount as foreclosure charges.

    Documents Required to get Personal Loan Bhubaneswar:


    The borrower doesn’t require too many documents for availing a personal loan. Some necessary documents are needed, and they are mentioned below:-

    Identity Proof – An Aadhaar card/ Passport/ PAN card/ Ration card/ Voter card.

    Residence Proof – Aadhaar card/ Ration card/ Voter card/ PAN card/Passport/rent agreement on the name of the applicant/ Utility bills on the name of the applicant.

    A salaried person should have salary slips of at least the last three months.

    A self- the employed person should have Income Tax Returns of at least last three years.

    Two coloured passport size photographs.

    Know more: Documents Required for Personal Loan

     

    How to Apply Online for Personal Loan Bhubaneswar?


    First of all, you have to visit our website, i.e. lendingwale.com .

    Secondly, you should fill your details on the form.

    Once you are done with formalities, all you need to do is relax. Our relationship manager will contact you.

    After that, our relationship manager will select the best loan scheme for you.

    At last, once you have decided from which bank you want to avail the loan, our relationship manager will help you to get your loan disbursed.

    Benefits of taking Personal Loan Bhubaneswar:


    Personal Loan Bhubaneswar

    First of all, the applicant doesn’t have to pledge any security.

    Secondly, the process is speedy.

    Next, it requires minimum documentation.

    A personal loan gets quickly approved.

    After that, the customer doesn’t need any guarantor.

    Besides all these, the loan disbursal is speedy.

     

    Why Personal Loan Bhubaneswar?


    Firstly, we don’t require mortgaging any asset against the loan amount.

    After that, the process of loan approval is quick and hassle-free.

    It requires very minimal documentation for loan approval.

    At last, we won’t require any guarantor for loan approval.

     

    About Bhubaneswar


    Bhubaneswar is an ancient city in India’s eastern state of Odisha, formerly Orissa. It’s one of India’s greenest cities. For more information, please visit lendingwale.com