Personal Loan Bahadurpur

Personal Loan at 10.75% p.a

Apply & Get Instant Approval

Personal Loan Bahadurpur is conveniently available. It is the best option in financial crisis hits. Also, it does not include any asset as collateral. Also, there is fast documentation processing.
A personal loan is available to you for completing your financial desires. Now, you can renovate your house, or you can marry your daughter or any other personal financial issue. 

 

Eligibility criteria for Personal Loan Bahadurpur

The applicant needs to fulfill some criterion. You are eligible to get the personal loan if you are a salaried employee or a Self Employed. Further, you need to perform the following requirements:
Firstly, the applicant needs to be 21 years for salaried person and for self-employed, then it is 25 years.
Also, the applicant should be a citizen or permanent resident of India.
The maximum age for the entire salaried applicants should be 60 years at the time of maturity and 65 years for the self-employed applicant.
Moreover, the applicant needs to have a minimum Credit Score 700.
Applicant should have a rigid source of income.
Also, the salaried applicants should receive a salary in his bank account.
The self-employed applicants should pay at least for the last three years an ITR of Rs. 2.5 Lacs.
Lastly, the monthly income of the salaried applicant should be Rs. 18000 minimum.

 

Personal Loan Bahadurpur Documentation

First of all, you need 2 coloured passport size photographs.
Also, you need 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 is given as proof.
Further, income Proof is needed to provide like bank statement or your salary slips of the last 6 months. For a self-employed, you need to add your income tax return statement of the previous 3 years.

 

Personal Loan Bahadurpur Interest Rates

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

 

Pre-closure Charges

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

 

Tenure of Personal Loan Bahadurpur

The applicants are free to select the tenure of their loan from 1 year to 5 years. It depends upon the applicant’s convenience.

 

Methods of Repayment

Personal loan repayment is made in 3 ways:
Term Loan- The customer pays the bank per month interest rate, and in the end, also he will pay the principal amount.
Overdraft- Overdraft facility provides the customer to pay only the used amount for that particular time of the loan. No interest is charged.
EMI- EMI in which the bank makes the instalment of a part of interest rate and principal after which the customer need to pay it per month.

 

Features of the Personal Loan Bahadurpur

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

 

Where can the Personal Loan amount be used?

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

 

About Bahadurpur

Bahadurpur is a village in district Shaheed Bhagat Singh Nagar of Punjab State, India. The nearest station is Nawanshahr railway station.

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