Personal Loan
About Personal Loan
Personal Loan Products
Achieve all your goals and aspirations; with the right kind of help, exactly when you need it.
Medical Emergency
Borrow Loan Company offers you personal loan for your unexpected medical emergency.Get instant personal loan for your all kind of medical emergency expenses.
Wedding Purpose
You can manage your deram marriage day with our personal loan option. Have the wedding celebration of your dreams. Apply now personal loan for wedding purpose.
Abroad Travel
Get the funds for the expenditure involved in going abroad for taking up employment. Manage your personal with Borrow Company for fulfill your travelling to abroad.
Child Educations
We provides child loan for pursuing higher, We given the right tools to every potential child. Also, grant personal loan for your child higher education.
Get financing for whatever you need now
Features of Personal Loan
All loans are not created equal, personal loan has become a great option for people to use.
- Faster Loan – For funding medical expenses, hospitalization, surgery, No collateral required. Sedegetaccumsanjusto. Nullamnisl nisi.
- Choose your amount – All charges are communicated up front in writing along with the loan quotation uisqueeuismdolor at tinciduntloremsipusm is simple.
- Enjoy the best rates – Our loan rates and charges are very attractive loremipsumssitametuerseipsum. Curabitulectusmattis vitae.
- Decide your tenure – Our loan rates and charges are very attractive loremipsumssitametuerseipsum.Curabitulectusmattis vitae.
Personal Loan - Eligibility
Any salaried, self-employed or professional Public and Privatcompanies, Government sector employees including Public Sector is eligible for a personal loan.
Age – Maximum age of applicant at loan maturity: 60 years
Income – Minimum Net Monthly Income: Rs 15,000
Credit Rating – Applicant should have the bank specified credit score.
Personal Loan
Frequently Ask Questions
You must have a regular source of income to avail a personal loan whether you are a salaried individual, self-employed business person or a professional. A person’s eligibility is also affected by the company he/she is employed with, his/her credit history his/her residential location and other factors as per the lender’s criteria.
If you have a question that deals with clients, customers or the public in general, there is bound to be a need for the FAQ page.
Yes, personal loan can be applied either by yourself singly or together with a co-applicant jointly.The co-applicant needs to be a family member like your spouse or parents. By getting a co-borrower, your loan application will be processed in a higher income bracket, enabling you to avail a larger loan amount. However, keep in mind that if either you or your co-applicant have poor credit history, the chances of success of your loan application may be adversely affected.
If you have a question that deals with clients, customers or the public in general, there is bound to be a need for the FAQ page.
Though the documentation requirements of personal loans vary from one financial institution to another, some of the key documents that you would need to provide with your personal loan application include: Income proof ( Salary Slip for salaried/recent acknowledged ITR for self-employed ) Address Proof Documents Identity Proof Documents and others Certified copies of degree/license ( in case of self-employed professional ) and others as per the lender’s criteria.
If you have a question that deals with clients, customers or the public in general, there is bound to be a need for the FAQ page.
Approval of loan is at the sole discretion of the loan sanctioning officer who bases his/her decision on the basis of the criteria specified by the bank/ financial institution. The entire process can take from about 48 hours to about two weeks’ time. Once all the necessary documents are submitted and the verification process is completed, the loan, if sanctioned, is disbursed within seven working days by the bank. In order to avoid delays in loan processing and disbursement, do keep all necessary documents ready along with the postdated checks PDC and/or signed Electronic Clearing System form.
If you have a question that deals with clients, customers or the public in general, there is bound to be a need for the FAQ page.