All about personal loan Mohali
Do you live in Mohali 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.
CATEGORY Lowest Interest Rates Processing Fee Tenure of Loan Amount of Loan Part Prepayment Charges Pre-closure Charges
Digital Application Credit Range Dependable Tailored and Flexible Passport, PAN Card, Aadhaar card, Voter ID, Driving license or Government issued Identity cards. 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. 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. PAN card, Passport, Driving License, Voter ID, Birth certificate, Employee ID card (only for PSU/ Government employees), School/ college leaving certificate.
Income SALARIED: A net salary of minimum Rs.18,000/-* per month. SELF-EMPLOYED: Turnover of at least 20-25 lakhs, more or less. Minimum education Stability Job Stability SALARIED: Minimum work experience of one year is required. SELF-EMPLOYED: Company should be registered for 3 years minimum. Credit score *varies from city to city
1. Are there any foreclosure and part-prepayment charges? Yes. 2. How do I repay the Loan? You can pay through E.M.I.s using Electronic Clearance Service. Also through post-dated charges. 3. What is a secure fee for an online application? Also, what if I don’t pay the secure fees online? 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. 4. How secure is the information provided by me? It is secure. 5. Do I have to give any security? No 6. Is it safe to use my debit card on this site? Yes
*Not from Mohali? Or looking for a specific bank? We’ve got you covered! Find below links to major banks and cities offering personal loans.Interest Rates
You want to consider the rate of interest coupled with other fees.
SALARIED
SELF-EMPLOYED
11.99%
14.00%
1.50% to 3%
Up to 2% of loan amount
24 months to 60 months
12 months to 48 months
Rs.1 Lakh up to Rs.25 Lakh
Rs.5 Lakh up to Rs.30 Lakh
Allowed after 1 EMI. 2%
Allowed after 1 EMI. 2%
Allowed after 1 EMI. 4%
Allowed after 1 EMI. 4%
Benefits and Features
There are many reasons why you should think about getting your personal loan Mohali in online.
Online application from the comfort of home.
Rs.50,000 to Rs. 50,00,000 based on your income and other factors.
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.
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 for Personal Loan Mohali:
Identity proof
Residential Proof
Income Proof
Age Proof
Eligibility Criteria
Make sure to check eligibility criteria for Personal Loan Mohali.
The applicant should be a Graduate.
Moreover, applicant should be living in a city for at least one year.
Maintain a credit score of 750 or more. As a good CIBIL improves your application.
FAQs
Mohali