A personal loan is a short term unsecured loan that you can use to meet current personal financial needs.
It is commonly used to meet expenses related to debt restructuring, to meet Wedding Expenses, vacations, unexpected medical expenses and down payments, a personal loan may be used for practically any type of expense.
Tenure of a personal loan is shorter as compared to a mortgage. Unlike mortgage, a personal loan is commonly for between one and five years.
  • Experienced and well-qualified personnel to ensure smooth and easy processing.
  • Stage wise updating on applications status.
  • Transparency in all dealings.
  • Counselling and advisory services while deciding on right loan which suits you.
  • Efficient and quick processing of loans.
  • Branches across 30 cities in India.
  • Dedicated relationship managers.

There's no limit to the number of ways a personal loan can be used. It can be taken for any personal reason, such as:

  • Renovation of your house
  • To meet wedding expenses.
  • To buy a new Cell Phone
  • To plan and spend holidays with the family
  • To simply pay off credit card bills or other debts.

Most banks have similar guidelines for documentation requirement for personal loan. The list of documents you need for a personal loan are:

  • A copy of latest salary slips or salary certificate.
  • Form 16 and a copy of ITR for the last two years.
  • Copy of the appointment letter or an employment certificate to prove job continuity.
  • Last 6 months' salary account statements.
  • Proof of employment certificate.
  • Proof of employment certificate.