sonal Loan Agashi

Personal Loan Agashi

Do you want to spend your vacations abroad or do you want your daughter to get married but do not have the money? Well now your problem is solved. Now you can easily get the money with personal loan Agashi.

Personal loans are unsecured loans which help you in immediate financial requirement. You can easily get the loan without any use of collateral. Also, there are no restrictions on the loan amount which is to be borrowed.

Eligibility criteria for Personal Loan Agashi

Personal loan have a certain eligibility criteria. You either need to be salaried employee or self-employed.

Salaried Employee

Salaried employee requires:

  1. To have a minimum salary of Rs.18000 per month.
  2. He should have a high CIBIL score which should be more than 700.
  3. His age should be minimum 21 years and maximum 60 years.
  4. Applicant must have 3 years working experience in total and 1 year experience for current job.
  5. Also, he require his salary slips for proof.

Note*: Those with salary in cash are not eligible for personal loans.

Self- Employed Individuals

All the self-employed requires:

  1. The age should be between 25-65 years.
  2. He should have a high CIBIL score which should be more than 700.
  3. ITR for 3 years must be filed by the applicant.
  4. Also, he must have filed ITR of Rs. 2.5-3 lakhs.
  5. For residence proof, one must own an office or house of his own.
  6. Also, he needs to have the working experience of last 3 years.

Personal Loan Agashi Documentation

Firstly, 2 colored photographs, passport size are required.

To get the personal loan he must have some documents for identity proof, Residential proof and Income proof.

For identity and residential proof one of the following documents are required:

PAN card or Aadhar card or Voter Id card or Driving license or Passport.

For Income Proof, you can include your bank statement and salary slip of last 6 months. If you are self-employed then you need to have ITR statement of the last 3 years.

Personal Loan Agashi Interest Rates

Usually, the interest rate of personal loan is 10.75% p.a. But it may vary due to various factors like income, amount of loan, etc.

Pre-closure Charges

When the customer is in need of closing the loan before the completion of loan’s tenure then this is called pre-closure. Personal Loans comes with Pre-closure but it has some penalty charges which are nominal and rages between 0-2%.

Tenure of Personal Loan Agashi

One can choose the tenure as per his need. It can be anything from 1 year to 5 years.

Methods of Repayment

Personal loans can be repaid in 3 ways.

Term loan: Term loan facilitate from bank for a specific amount which has a specific repayment period and the interest rate can be fixed or floating. Under this customer pays the bank interest every month and in end he will pay the principal also.

EMI- EMI is equated monthly Installments. Under this the bank makes the installment of a part of interest rate and principal after which the customer need to pay it per month.

Overdraft- OD or Overdraft benefits the customer which allow them to pay only for the used amount for that particular time. There are no interest charges in this method.

Features of the Personal Loan Agashi

  1. Personal Loans are easy and quick to apply. You can visit our website at: www.bookmyloan.
  2. The application can be sent via offline and online mode. However, applying online can be done within 2 minutes.
  3. It do not require any collateral which makes personal loans best.
  4. It only requires the basic documents.
  5. Also, the time period of personal loan is very flexible. One can choose the period from 1-5 years as per his need.
  6. Moreover, there are no restrictions upon the use of loan amount.

Where can the Personal Loan amount be used?

Personal loan amount can be used for various purposes. Personal loan can be applied and used for number of purposes as per the will of the applicant. For example one can apply for wedding which involves huge amounts, education for quality education, travel expenses, medical emergency and many more.

About Agashi

Agashi is a village in the district Thane of Maharashtra, India. The village belong to konkan region and Marathi is their local language.