Documents Required:
- 2 Recent Passport Size Photographs (Valid up to last six month captured)
- Last two month Pay Slip
- Address Proof
- I.D Proof
- Bank Statement of last Three month
A personal loan is by nature an unsecured loan that is provided to an individual based on his personal repayment capacity. There are no restrictions on the end use of this loan. It is one of the quickest ways of borrowing money. Borrower can use the money for children education, marriage in the family, medical expenses, holidays etc. Maximum amount of personal loan you are eligible for depends on the net disposable income of the person.
Personal Loan eligibility criteria is defined by various factors as mentioned below: