Personal Loan Palwancha

A Personal Loan is a credit which is offered by the financial institution or banks for fulfilling any needs. In Personal Loan Palwancha, there is no need to pledge any asset as collateral with the bank, and they provide the credit at affordable prices. One can use these funds for home renovations, paying off debts, going for a vacation, wedding expenses, and so on.

Personal Loan Palwancha Interest Rates


Different banks offer different Interest rate according to there policies. Usually, they provided a Personal loan interest rate of 10.75% per annum.

More About: Interest Rates on Personal Loan

Why Personal Loan Palwancha?


First of all, we don’t need to pledge any asset against the loan amount.

Secondly, the process of loan approval is fast and without any hassle.

Next, it requires less or very minimal documentation.

After that, we won’t require any guarantor for loan approval.

Besides that, the loan disbursal is quick.

Personal Loan Palwancha Eligibility Criteria


Eligibility for both the applicant depends upon several factors such as your credit score, monthly income and on other factors.

Salaried Individuals:

First of all, the individual should be a citizen of India or the Permanent Resident.

Secondly, the minimum age of the applicant should not less than 21 years.

Next, the applicant’s maximum age should not more than 60 years.

After that, the applicant should be working for at least three months in the organisation.

Minimum salary of an individual should be at least Rs. 18,000 per month (Net-Income).

The applicant should get his salary in his bank account.

Self Employed Individuals:

First of all, the individual should be a citizen of India or the Permanent Resident.

Secondly, the minimum age of the applicant should be not less than 25 years.

Next, the individual maximum age should not be more than 65 years.

After that, the applicant carrying his business from at least the past three years.

Next, the applicant filing his Income Tax Returns from at least past three years with a minimum amount of Rs. 2.5 lakhs.

Personal Loan Palwancha Documents


The applicant doesn’t require a lot of documents for availing a Personal Loan. Some necessary materials are needed, and they all are listed below:-

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

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

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

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

Two coloured passport size photographs.

Why your decision of choosing lendingwale is the right decision?


Firstly, lendingwale answers to the borrowers query very quickly.

Besides that, we offer a competitive rate of interest.

Furthermore, here, you can easily compare the interest rate of different banks or other financial institutions.

Besides that, you will get further information from our relationship manager.

If you apply on the lendingwale, you will get a document pickup facility from your doorstep.

How to Apply for Personal loan Palwancha?


  1. First of all, search for the lendingwale website.
  2. After that, the form opens up.
  3. Besides that, fill the required necessary details.
  4. Lastly, you can contact us for further queries.

About Palwancha


Palwancha is a town in the district Bhadradri of Telangana state, India. It is beneficial for the customers to take the personal loan from us; all you have to visit a lendingwale website.

Personal Loan Interest Rates: Updated


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