Skip to content

Personal Loan Azamgarh

Personal Loan Azamgarh

Personal Loan Azamgarh is your lifeline which is now available to you in most easiest ways. Unlike, home loans and the education loan, a personal loan is available for multiple purposes.
Also, Personal Loan Azamgarh is an excellent option in your financial emergencies. So wait for what? Apply now for Personal Loan Azamgarh.


Eligibility criteria for Personal Loan Azamgarh

The applicant needs to fulfill a specific standard. If you are a salaried employee or a Self Employed, you are eligible to get the personal loan. Further, you need to fulfill the following requirements:
Firstly, the applicant requires to be 21 years for salaried person. If you are self-employed, then it is 25 years.
Also, one should be a citizen or permanent resident of India.
The maximum age at the time of maturity for the entire salaried applicants should be 60 years and 65 years for the self-employed applicant.
Furthermore, the applicant needs to have a minimum Credit Score 700.
Applicant should have a rigid source of income.
Also, the monthly income of the salaried applicant must be Rs. 18000 minimum.
Lastly, for the self-employed applicants should have paid ITR of Rs. 2.5 Lacs for the last 3 years.


Personal Loan Azamgarh Documentation

First of all, you need 2 colored passport size photographs.
After that, you must have some documents for identity proof, Residential proof and Income proof.
For Identity and Residential Proof- PAN card or Aadhar card or Voter Id card or Driving license or Passport are required. One of these documents can be presented as proof.
Furthermore, bank statement or your salary slips of the last 6 months is required. For a self-employed, you need to add your income tax return statement of the previous 3 years.


Personal Loan Azamgarh Interest Rates

Basically, the interest rate of personal loan is 10.75% p.a. But it changes time to time due to various factors like the amount of loan, bank, etc.


Pre-closure Charges

Personal Loans is available to the applicant with the Pre-closure facility, but it includes some penalty charges. Generally, these charges are 0-2%.


Tenure of Personal Loan Azamgarh

The applicants choose the tenure of their loan from 1 year to 5 years freely. It depends upon the applicant’s wish.


Methods of Repayment

A personal loan has 3 repayment ways:
Term Loan- The customer pays the bank per month interest rate, and in the end, also he will pay the principal amount as well.
Overdraft- Overdraft facility provides the customer to pay only the used amount for that particular time of the loan. No interest charges are there.
EMI- EMI in which the bank makes the installment of a part of interest rate and principal after which the customer need to pay it per month.


Features of the Personal Loan Azamgarh

It is more convenient and easy to Apply. The applicant can apply online in 2 minutes. Moreover, the Personal Loan is available offline as well, but applying online is hassle-free.
You can visit our website,
Also, personal Loan doesn’t involve any asset. Applicants get the personal loan as per their income or salary.
The applicant does not have any rules on the end use of loan amount.
Also, the tenure of the loan is flexible.
It takes merely 30 minutes for the approval of Personal Loan only if the applicant is eligible.


Where can the Personal Loan amount be used?

The personal Loan is for multiple uses. But still, the reasons are to be specified.
Wedding – a personal loan can be used for wedding purposes. But it involves a large number of funds. For such purposes, a person can quickly get a Personal Loan.
Education –Personal Loan can help have quality education for yourself or your child.
Medical – You never know when you meet with an accident, and you get out of cash. Personal Loan is the best option to get financial aid in such situations.
Vacations – Everyone wants to have fun and enjoyment in their lives and what is better than going on Vacations. But this can add to your expenses. So in such scenario, the personal loan provides you a boost up. It’s totally based on the applicant’s will.


About Azamgarh

Azamgarh is a city in Uttar Pradesh state, India. The city is also known as the land of the sage Durvasa.

Leave a Reply

Your email address will not be published. Required fields are marked *