Personal Loans

What is a personal loan?

Personal loans are loans for all your personal needs including healthcare, education and training, debt consolidation, household expenses, wedding, travel and leisure. Personal loans are unsecured and are used for a variety of needs.

Who can apply?

Salaried and self-employed individuals who are 21 to 65 years old and residents of India can apply.

Is a guarantor required?

A guarantor is not mandatory. However, the existence of a co-borrower or a guarantor increases the chances of the loan getting sanctioned.

What is the maximum funding?

The maximum funding is ₹ 10,00,000/- with tenures extending up to 60 months.

What are the documents required?

  • KYC documents issued by the government for proof of identity and address
  • Form 16, salary slips for the last 3 months
  • Bank statements for the last 6 months
  • Income tax returns for last 3 years and proof of continuity of employment