These days get up to 50 lakh loans is not a tough job. You can get up to 50 lakh personal loans easily.
What is Personal Loan?
A personal loan is one that you can get depending on your credit score and income. Because no collateral is usually required to get a personal loan, it is referred to as an unsecured loan.
Get a personal loan within 48 hours for medical expenses, home renovation, or personal use. Also, use getloanoffer’s personal loan EMI calculator.
Learn how to get an instant personal loan & eligibility. Just a few steps away.
Personal Loan Details
Loan Amount: Up to 50 Lakh
Interest Rate: 8% to 30%
Loan Tenure: Up to 10 years
Processing Charge: 3% – 5% of the loan amount (Depend on Bank)
Personal Loan Eligibility
|Criteria||Salaried Person||Self Employed|
|Age||21 years to 58 years||22 years to 55 years|
|Net Monthly Income||Rs. 15000||Rs.20000|
|Cibil Score||Above 700||Above 700|
|Minimum Loan Amount||Rs. 50000||Rs.50000|
|Maximum Loan Amount||Rs. 25 lakh||Rs. 30 lakh|
Documents Required for Personal Loan
|Salaried Person||Self Person|
|3 Month Salary Slip||2-year Income Tax File|
|6 Month Bank Statement||6 Month Bank Statement|
|Pan Card||Pan Card|
|Aadhaar Card, Voter Card||Aadhaar Card, Voter Card|
|Current Electricity Bill||Current Electricity Bill|
|———-||2-year Trade Licence|
Documents Required for Personal Loan (NRI Customer)
- Copy of your Passport
- Visa Copy
- Your official Email ID
- 6 Month Bank Statements
- Salary slips
- Last six months’ NRO/NRE bank statements
- Identification, resident, income, and assets proof
- Photographs of yourself and the guarantors took recently in passport size
Personal Loan EMI Calculator
Calculate your EMI in advance using Getloanoffer‘s personal loan EMI calculator to better plan and manage your budget. You may use a personal loan calculator to check your loan eligibility and compare loans from different institutions.
All you have to do now is fill out the loan application, which includes the loan amount, interest rate, term, and processing fee.
How to increase the chance of getting a Personal Loan quickly?
Maintain Credit history: Always try to maintain credit history on time. If you pay EMI on time, your credit history improves automatically.
Don’t Borrow Unnecessary: This day easily you can get a loan on products or instant loans from apps. But, don’t borrow too much amount. If the bank sees you are already active too much borrower, the bank not going to give you a loan.
Maintain Bank Statement: Maintain your bank statement healthy. Bank will see your account transaction before giving a loan. It’s better to shift your transaction online through Paytm of phone pay.
Some Important Topic: Get Instant Personal Loan up to 5 lakh
Apply For Personal Loan
|Bank||Apply for Loan|
|ICICI Bank Personal Loan||Apply Now|
|HDFC Bank Personal Loan||Apply Now|
|HOME CREDIT Personal Loan||Apply Now|
|Fullerton Personal Loan||Apply Now|
|KreditBee Personal Loan||Apply Now|
|Kotak Bank Personal Loan||Apply Now|
|MoneyTap Personal Loan||Apply Now|
|Citi Bank Personal Loan||Apply Now|
|SBI Bank Personal Loan||Apply Now|
FAQs of Personal Loan
How to get a personal loan easily?
Fulfill basic documents like IT files, Salary slips and maintain your cibil score healthy to get the loan easily.
What is the needed basic income for a personal loan?
Your net salary needs a minimum of Rs. 15000/- to get a personal loan. Also, you can get up to a 6 lakh loan through your 15000/- salary. But also you need to maintain a good cibil score.
What is a pre-approved loan?
A pre-approved loan is one in which the client may apply for a loan without having to submit papers or go through the verification procedure since he or she already has a good connection with the bank and has a good payback history.
What is the highest amount of a personal loan I can get?
If you have a high income & good credit history, you can get up to 25 lakh loans easily. But you have a low income then you can up to a 7 lakh loan.
What is a good cibil score to get up to a 10 lakh loan?
You need a minimum 800 cibil score to get the loan of 10 lakh. Also, you need a minimum 20-25000 salary or 2 years IT file for self-employed.