Personal Loans are ideal for any individual requirements. Personal Loan comes in handy during the financial crisis and allows you to get some financial help. This loan is unsecured in nature and can get approved within 48 hours.

Eligibility Criteria for Personal Loan Begusarai

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 the applicants.

Salaried

Self-employed

There are different criteria for both categories. Let us see both of them one by one.

Salaried

  1. First of all the age of the applicant should be more than 21 years.
  2. After that he/she should be earning Rs. 18000 per month at least.
  3. After that, the applicant should have the work experience of 3 years at least.
  4. After that he/she should be getting the salary in his/her bank account.
  5. The credit history of the applicant should be good.

Self-employed

  1. If the applicant is self-employed than his/her age should be 25 years at least.
  2. He/she should be filing ITR for last three years at least.
  3. His/her CIBIL score should be good.
  4. The ITR should be of Rs. 2.5 Lakhs per annum at least.

A personal loan can be taken for different needs. If you need finance, you can borrow from financial institutions. There are different rules and criteria to get a personal loan. One must check its eligibility for getting loan amount. Personal loans are multipurpose finance options. There are various benefits of taking a personal loan online. You can avail a good deal by comparing offers and finalizing the best one as per your needs.

 

Required Documentation for availing Personal Loan Begusarai

 

Salaried Individual

Self Employed People

Latest 2 month salary slips

Last 2 years Balance Sheet

Last 2 year Form 16

Last 2 Years ITR

Latest 6-month bank statements

Photocopy of Pan Card

Residence & Address Proof

2 passport size photographs

 


Benefits of Personal Loan

  1. A Loan without any collateral or security: A Personal Loan is not a secured loan. Banks don’t ask for any security or collateral. So, there is no need of pledging collateral or security. It is purely given as per the customers' income.
  2. Simple Documentation: Personal Loans are simple and easy. You can get it with minimum documentation with a quick process. Banks need some basic documents of a borrower like identity proof, address proof, income proof, etc.
  3. Loan Amount: The amount can be ranging from Rs. 50,000 to Rs. 20 lakh.
  4. Quick Loan Approval: It is easily sanctioned within 48-72 hours without any hassle. After getting the documents, banks will do the verification of the given details and the loan will get disbursed within 24 hours of verification.
  5. Multipurpose finance: Personal loan can be used for various purposes i.e. in paying old bills, home improvements, wedding shopping, financing trips and many more.
  6. No Third party involvement: The loan is directly given to the borrower without the involvement of the third party. It is a relationship between the borrower and the lender.
  7. Hassle free: Getting a personal loan is now a hassle-free process. Online loan portals have made it more convenient and easy. You can get the loan amount in your account without stepping out of your place.

 

Rate of interest of Personal Loan In Begusarai
Rate of Interest 11.49% - 19.5%
Processing Fee Rs 999/- - 2.5%
Personal Loan Amount Rs.50,000 - Rs.20,00,000

 

Best Offer @11.49 % - Check your Eligibility (Apply Online / Call Us)

Personal loan

Call us on +91-98789-81166


Begusarai is a major city in the state of Bihar, India. It is one of the fastest growing and developing city in Bihar. Major industries in Begusarai are Thermal power station- Barauni, Indian Oil Refinery- Barauni and Hindustan Fertilizer Limited -Barauni,etc.

Call us at +91-98789-81166 to know more about schemes in Begusarai personal loan segment.

Other Leading Personal Loan Providers in Begusarai (Click to Apply)

  1. HDFC Personal Loan
  2. Axis Bank Personal Loan
  3. PNB Personal Loan
  4. ICICI Bank Personal Loan
  5. Bandhan Bank Personal Loan
  6. Fullerton India Personal Loan
  7. Personal Loan from Other Banks