401-4th Floor,K.C.Complex,
Opp. Daulat Bagh, Ajmer (Raj)

1800-180-6014
1800-123-2090

Mon - Sat 10.00 - 18.00
Sunday CLOSED

Overview

What exactly is personal loan?

A personal loan is a short-term loan to facilitate you with your finances. This payday loan is secured against a future paycheck. These loans have become quite popular today, and now this is the main way to get financial benefit in the form of a cash advance. A personal loan is a type of debt which is made for personal, family, or household use, and which is neither a business loan nor a long-term mortgage loan. The lender loans money to the borrowers. The borrowers pay back this amount, usually but not always in regular installments.

Merits/Pros

Use for a variety of purchases

Consolidate debt

Smooth your cash flow

Boost your credit score

Minimal Documentation

Fast Processing

Documents Required

Proof of individual’s identity (We also require same KYC of co-applicant)

ID Proof, (if any)

  • PANcard compulsion
  • Aadhar Card
  • Voter ID
  • Driving License

Residential Proof (any of two)

  • Ration Card
  • Electricity Bill (latest)
  • Water Bill (latest)
  • Landline Bill (last three months)

(Relationship proof to be taken, in case of no separate residential proof available).

Income Documents

  • Latest 1 month salary slip
  • Last 1 year form-16
  • 4 months salary slips in case of variable salary

Banking Documents

  • Last 6 months banking showing salary credit.
  • Banking of other accounts from where EMI of loan are being repaid.

Compulsory Documents

  • Office addresses proof to be taken as per policy.
  • 2 Passport size photographs.