Personal Loan

The Personal Loan is just what you need to address your diverse financial needs – be it your child’s admission fee or upgrading your home appliances, you can now look forward to getting the financial support you need, without any hassles.

  1. Get approval for loans up to  50 Lacs.
  2. No guarantor or security is required.
  3. Requires minimum documentation.
  4. Repayment tenure ranges from 12 months to 60 months.
  5. Repayment can be made through checks, electronic clearing services, account debit.
  6. Best interest rates.
Age above 23 years
Minimum Income Requirement Rs 25,000/- per month
Profiles covered This category includes salaried doctors, CAs, employees of private limited companies, employees from public sector undertakings including central, state and local bodies.
Total work experience 2 years and above
Note: Eligibility criteria may change from case to case.


For Salaried 

  • Loans are tenable in a wide range i.e. 1 lac to 50 lacs
  • Easy and simple documentation
  • Flexible repayment options which can stretch between 12 and 60 months

For Self Employed

  • Loans are tenable in a wide rage of 1 lacs to 50 lacs
  • Easy and simple documentation
  • Flexible repayment options which can stretch between 12 and 60 months

 Balance Transfer your exiting personal loan

. Enjoy lower EMI’s and SAVE on your interest payments

  • Interest rates as low as 11.49%* on the existing loan transfer
  • Flat processing fee of only Rs. 1499 + GST
  • To transfer your loan balance
Fee Amount to be Paid
Rack interest rate Salaried – 13.50% to 20%
Loan processing charges Up to 2.50% of the loan amount subject to a minimum of Rs. 1,000/- & Maximum of Rs. 25000/- for Salaried Customers.
Prepayment Salaried – No pre-payment permitted until repayment of 12 EMIs
Pre-payment charges Salaried – 13-24 Months – 4% of Principal Outstanding,
25-36 Months – 3% of Principal Outstanding
>36 Months – 2% of Principal Outstanding
No Due Certificate/No Objection Certificate (NOC) NIL



    Job Continuity Proof: Any One from the following:-

    • Current Job Appointment letter (if it is less then 1 year)
    • Experience Certificate (including your previous job certificate or appointment and relieving letter)
    • Latest passport size photo

    Income Proof:-

    • Last 2 months salary slip
    • FORM-16 (Last 2 years)
    • Last 6 months bank statement where the salary has been credited
    • Last 12 month personal loan statement (In case of balance transfer)