Do you live in Bhainsa and need a personal loan?
Be sure to check out all the details mentioned down below and apply with bookmyloans.in to get a fair deal on personal loans.
- Interest Rates
- Benefits and Features
- Documentation
- Eligibility Criteria
- FAQs
Interest Rates
You want to consider the rate of interest coupled with other fees.
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CATEGORY
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SALARIED |
SELF-EMPLOYED |
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Interest Rates
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11.99%
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14.00%
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Processing Fee
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1.50% to 3%
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Up to 2% of loan amount
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Tenure of Loan
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24 months to 60 months
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12 months to 48 months
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Amount of Loan
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Rs.1 Lakh up to Rs.25 Lakh
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Rs.5 Lakh up to Rs.30 Lakh
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Part Prepayment
Charges
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Allowed after 1 EMI.
2%
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Allowed after 1 EMI.
2%
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Pre-closure
Charges
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Allowed after 1 EMI.
4%
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Allowed after 1 EMI.
4%
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Benefits and Features
There are many reasons why you should think about getting your personal loan in Bhainsa online.
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Digital Application
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Online application from the comfort of home. |
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Credit Range
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Rs.50,000 to Rs. 50,00,000 based on your income and other factors. |
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Dependable
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Quick money in hand can play the most important part in your life. Fortunately, no security is required. Hence, you do not have to worry about any asset. |
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Tailored and Flexible
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Additionally, banks allows for schemes whereby they bring in all segments of the socio-economic society. |
Documentation
Now, the list below shows options for documents:
| Identity proof |
Passport, PAN Card, Aadhaar card, Voter ID, Driving license or Government issued Identity cards.
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| Residential Proof |
Passport, Driving License, Voter ID card, utility bills such as Electricity/ Telephone/ Mobile bill, bank statement (not more than 3 months old) or similarly a Leave and License agreement.
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| Income Proof |
SALARIED: Last 3 months’ salary slip, last 6 months’ bank account statement showing salary credit and Last 1-2 years Form 16.
SELF-EMPLOYED: Income Tax Returns of at least 3 years.
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| Age Proof |
PAN card, Passport, Driving License, Voter ID, Birth certificate, Employee ID card (only for PSU/ Government employees), School/ college leaving certificate.
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Eligibility Criteria
Make sure to check eligibility criteria.
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Income
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SALARIED: A net salary of minimum Rs.15,000/-* per month.
SELF-EMPLOYED: Turnover of at least 20-25 lakhs, more or less.
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Minimum education
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The applicant should be a Graduate. |
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Stability
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Moreover, applicant should be living in a city for at least one year. |
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Job Stability
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SALARIED: Minimum work experience of one year is required.
SELF-EMPLOYED: Company should be registered for 3 years minimum.
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Credit score
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Maintain a credit score of 750 or more. As a good CIBIL improves your application. |
*varies from city to city
FAQs
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1. Are there any foreclosure and part-prepayment charges?
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Yes.
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2. How do I repay the Loan?
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You can pay through E.M.I.s using Electronic Clearance Service. Also through post-dated charges.
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3. What is a secure fee for an online application? Also, what if I don’t pay the secure fees online?
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The secure fee is a charge for the submission or processing of your application. In response to the second part, you lose the benefit of instant approval.
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4. How secure is the information provided by me?
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It is secure.
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5. Do I have to give any security?
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No
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6. Is it safe to use my debit card on this site?
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Yes
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Find below links to major banks and cities offering personal loans.