Personal Loan

Documents Required

Applicant Guarantor
Passport Size Photo - 2
Passport Size Photo - 2
PAN Card
PAN Card
Aadhar Card
Aadhar Card

Resident Proof

(Light Bill/Vera Bill/Rent Agreement)

NA

Business Proof

(Light Bill/Vera Bill/Rent Agreement)

NA

IT Return/Form No. 16

Last 3 Years

NA

Salary Slip

Last 6 Months

NA
Bank Statement (12 Months)
NA
SOA/Welcome Letter (Existing Loan)
NA
Cheque (7)
NA

Interest Rates & Charges

Charge Type Charge

Rate of Interest (Reducing)

@ 24% to 29%

Loan Processing Charges

@ 2% + G.S.T

Cheque/ECS Bounce Charges

Rs. 750 + G.S.T

Cheque Swap Charges

Rs. 500 + G.S.T

Statement of Account Charges

0%

Foreclosure Charges

0%

Duplicate Sanction Letter

Rs. 250 + G.S.T

Duplicate Repayment Schedule

Rs. 250 + G.S.T

Duplicate NOC

Rs. 500 + G.S.T

Photocopy of Loan Agreement/Documents

Rs. 250 + G.S.T

Stamp Duty Charges

As Per State Stamp Act

*(Subjest to change as per NBFC discretion from time to time)

*(GST as Application will be levied)

Eligibility

Eligibility
> Personal Loan Upto 3 Lacs.
> Business turn over increase in last 3 years.
> Year in Business: Minimum 1 Years in Business and 3 Years total Business Experience.
> Business must be profit making from last 3 years
> Minimum tax paid in ITR.
> Age of Director: Minimum age 25 years and maximum 58 years at the time of loan maturity.