What is Personal Loan?
Personal Loan is an unsecured debt which helps you meet your financial needs, and there is no requirement for any security for availing a personal loan. Your lender provides you finance with the flexibility to use the funds as per their requirements. Personal Loan can serve to manage your travel and wedding expenditure as well as the costs of a medical emergency, home renovation, debt consolidation, and other needs.
Personal Loan Zainkote Interest Rates
The interest rates in Personal Loan depends upon the company’s profile and salary of a person. The interest rate of personal Loan starts from 10.75% per year.
Why Personal Loan Zainkote?
The processing fee is up to 2% of the loan amount.
The loan tenure ranges up to 5 years.
The lowest EMI per lakh is Rs 2,162.
The prepayment charges are NIL up to 5 percent.
Personal Loan Zainkote Eligibility Criteria
Eligibility for Loan depends upon several factors such as your credit score, monthly income, and several other ongoing EMIs, etc. There are two categories of applicants:
- Salaried Applicant
- Self-employed Applicant
There are various eligibility criteria for both applicants:
- Salary: Rs 18,000 (Monthly).
- Minimum Age: 21 Years.
- Maximum Age: 60 Years.
- Work Experience: Should be Overall, three years and must have 1-year experience in the ongoing job.
- CIBIL Score must be more than 700.
- A person who gets his/her salary in cash is not eligible for availing Loan
Self Employed Individuals:
- Minimum Age: 25 Years.
- Maximum Age: 65 Years.
- Should be filing for an annual ITR of 2.5 to 3 lakh.
- Residence: Must be having an Office or Home.
- The business should be running for the last three years.
- CIBIL Score must be more than 700.
Personal Loan Zainkote Documents
Identity proof: One should have these following documents with him(Passport/Id card/voter card/driving license/Aadhaar Card) any one of them will work.
Residence proof: The documents needed as proof of residence are: (Passport/Id card/voter card/driving license/Ration Card/Aadhaar Card). And if the applicant is living in a rented apartment, then he has to submit, electricity bill on his name and the address of the owner and his rental agreement.
KYC formality: The applicant has to provide his PAN card.
Salaried applicant: The applicant has to submit his bank statements of the last six months and the salary slip of the previous three months.
Self-employed: The person applying for a personal loan should file ITR for the last three years, and the business should be registered.
Colored photograph: applicant must have two passport size photograph
Why your decision of choosing BookMyLoans is the right decision?
Firstly, BookMyLoans responds to the customer’s queries very quickly.
Besides that, the interest rates we offer are minimum as compared to other competitors.
Furthermore, here, you can easily compare the rate of interest with other financial and non-financial institutes.
Moreover, after that, here, you will get proper guidance for the personal loan.
At last, If you apply on the BookMyLoans, you will get a document pickup facility from your doorstep.
How to apply for Personal loan Zainkote?
- Search for www.BookMyLoanson google.
- First of all, a form will open up.
- After that, fill the required information.
- Besides, you will get more information from us.
Zainkote is located in Srinagar district in Jammu And Kashmir, India. It is very beneficial for an individual to take a personal loan; all you have to do is to visit BookMyLoans.
Personal Loan Interest Rates: Updated
|HDFC Bank||10.99% to 18%|
|ICICI Bank||13.99% to 18%|
|Fullerton India||17.25% to 32%|
|Bajaj Finserv||13.99% to 16.75%|
|Axis Bank||15.50% to 24%|
|Standard Chartered Bank||15.75% to 22%|
|Kotak Mahindra Bank||13.75% to 19%|
|Andhra Bank||13.50% to 22%|
|Bank of Baroda||13.50% to 19%|
|Vijaya Bank||13.75% to 22%|
|Corporation Bank||14.50% to 20%|
|Allahabad Bank||13.70% to 20%|