A personal loan is an unsecured, collateral-free loan to help you meet your immediate expenses. We provide easy personal loans at lower interest rates, with minimal documentation. Submit your documents, meet the eligibility criteria, and your loan will be sanctioned and settled instantly.

Personal Loan FAQs

I am not a salaried employee. Am I eligible to get a personal loan?

We offer personal loans for individuals and businesses with different types of income. If you are a business owner or a sole proprietor, we provide personal loans. Check our eligibility criteria for non- salaried individuals.

What is the maximum duration allowed to repay the personal loan?

       6 years is the maximum tenure of the personal loan.

What is the cost or charges of a personal loan?

       Since our personal loan process is very simple and quick, we charge at minimal rates and it covers documentation charges.

Can I choose my own tenure as repayment to my personal loan?

       Yes, you can. You can choose the tenure from 1 year to 6 years.

What are the minimum and maximum amount I can get as a personal loan?

       The minimum amount of a personal loan is 50 thousand and you can get a personal loan as high as 25 lakhs subjected to your income range.

What are the options available to repay my personal loans?

       You can choose to repay the personal loans as Equated Monthly Instalments for specific years on monthly basis. It is paid as,

       ● Post-dated cheques

       ● ECS – electronic clearing services

How many days it will take to get my loan sanctioned?

       Our personal loan sanction process is quick and hassle-free. As soon as you submit all the documents required for a personal loan and upon verification, your personal loan will be sanctioned in no time.

Can I change my personal loan tenure?

       Yes, you have the flexibility to reduce the tenure of the personal loan by increasing the monthly EMI or by paying part pre-payment loan.

Can I pre-close the personal loan?

       You can pre-close the personal loan at any point of time during the tenure of the personal loan. You can settle the loan without incurring any additional charges.

Am I eligible to get a top-up loan on my existing personal loan?

       If you meet the eligibility terms and conditions you can avail the top-up loan. For instance, if your monthly income increased if you have paid more than half of your personal loan etc. Under these specific circumstances, you can get a top-up loan.