Apply for Personal Loan Now!
A personal loan is a loan that does not require collateral or security and is offered with minimal documentation. You can use the funds from this loan for any legitimate financial need. Like any other loan, you must repay it accordance to the agreed terms with the bank. Normally this can include a few months to a few years in easy equated monthly instalments.
You are free to use the funds you get from a personal loan any way you wish – fund a holiday, buy a gadget, pay for medical treatment, use on home renovation, spend on a wedding, finance your children’s education, etc.
A personal loan works pretty much the same way as most loans. You apply for a loan, submit the documents, the bank checks your credit worthiness and makes a loan offer. If you accept it, the funds are transferred to your bank account, and you can use them any way you like.You must repay the loan in equated monthly instalments (EMI), which will depend on factors such as loan amount, tenure and interest rate.
Anyone having his own Identity proves i.e. Adhaar Card, Pan Card, Voter Card, Income Proof i.e. Payslip, Salary Statement, Bank account statement of Salary account, Contact details i.e. Phone, Mail, Photo, Job stability proof, etc can apply for Personal Loan. Your monthly income should be Min.12000.
You can get a personal loan very quickly. It will take Max.4-5 Working Days. Some banks and finance companies also complete their process within 48 Hours.
Interest rates can range will depend on your credit history, tenure, income, occupation etc. Basically Interest rate is min. 6% to Max 25% per annum.
Mostly a loan applicant can get 24 Months to Max. 76 Months depends on client profile, Loan amount etc.
Getting a personal loan from FinoFriend is easy, especially if you have your documents are in order and you have a good credit track record. You have to just fill-up our Personal Loan application, then all processes will be completed by our side.