Personal Loan
- Best Personal Loan Offers From 30+ Lenders
- Compare & Choose the Best Offer
- Check Loan Amount Eligibility
- Know your Approval Chances
Unlock Best Personal Loan Offers suitable
for your needs from 30+ Lenders
Personal Loan Features & Benefits
Minimal documentation
Quick disbursals
Collateral-free loan
No end-use restriction
Loan amount of up to Rs. 40 lakh, which can exceed depending on lenders’ discretion
Repayment tenure up to 60 months, which may exceed on case-by-case basis Top up loans for additional requirements are offered by many lenders
Personal Loan Eligibility Criteria
- Age: 18 – 60 years
- Salary: At least Rs 15,000 per month for salaried customers
- Income: At least Rs 5 lakh p.a. for self-employed customers
- Credit Score: Preferably 750 and above as having higher credit scores improve chances of loan approval
- Employment Type: Salaried employees working with reputed organisations, MNCs, Private and Public Limited Companies, Govt. organisations, PSUs, and large enterprises.
Documentation Required for Personal Loan
- Identity Proof: Passport/ PAN Card/ Voter’s ID/ Aadhaar Card/ Driving License
- Address Proof: Passport/ Aadhaar Card/ Lease/ Property Purchase Agreement/ Utility Bills (not more than 3 months old)/ Passport/ Driving License
- Income Proof For Salaried Individuals: Salary Slips/ Bank Account Statement/ Form 16
- Income Proof For Self-employed Professionals: Previous Years’ ITR/ P&L Statement and Balance Sheet/ Bank Account Statement
- Business Proof For Self-employed Individuals: Business Incorporation Certificate/ Professional Degree/ Certificate of Practice/ Partnership Deed/ GST Registration and Filing Documents/ MOA & AOA/ Shop Act License
Mybankingtips allows customers to compare personal loan offers from 30+ banks and NBFCs and apply for the best-suited offer online with ease.
Unlock Best Personal Loan Offers suitable
for your needs from 30+ Lenders
Personal Loan Features & Benefits
Minimal documentation
Quick disbursals
Collateral-free loan
No end-use restriction
Loan amount of up to Rs. 40 lakh, which can exceed depending on lenders’ discretion
Repayment tenure up to 60 months, which may exceed on case-by-case basis Top up loans for additional requirements are offered by many lenders
Personal Loan Eligibility Criteria
- Age: 18 – 60 years
- Salary: At least Rs 15,000 per month for salaried customers
- Income: At least Rs 5 lakh p.a. for self-employed customers
- Credit Score: Preferably 750 and above as having higher credit scores improve chances of loan approval
- Employment Type: Salaried employees working with reputed organisations, MNCs, Private and Public Limited Companies, Govt. organisations, PSUs, and large enterprises.
Documentation Required for Personal Loan
- Identity Proof: Passport/ PAN Card/ Voter’s ID/ Aadhaar Card/ Driving License
- Address Proof: Passport/ Aadhaar Card/ Lease/ Property Purchase Agreement/ Utility Bills (not more than 3 months old)/ Passport/ Driving License
- Income Proof For Salaried Individuals: Salary Slips/ Bank Account Statement/ Form 16
- Income Proof For Self-employed Professionals: Previous Years’ ITR/ P&L Statement and Balance Sheet/ Bank Account Statement
- Business Proof For Self-employed Individuals: Business Incorporation Certificate/ Professional Degree/ Certificate of Practice/ Partnership Deed/ GST Registration and Filing Documents/ MOA & AOA/ Shop Act License
Mybankingtips allows customers to compare personal loan offers from 30+ banks and NBFCs and apply for the best-suited offer online with ease.
Personal Loan
- Best Personal Loan Offers From 30+ Lenders
- Compare & Choose the Best Offer
- Check Loan Amount Eligibility
- Know your Approval Chances