Personal Loan Gobindgarh

What is Personal Loan Gobindgarh?

Personal Loan is an unsecured loan, issued by the bank to its applicants. Moreover, these loans are for the applicants who are either salaried or self-employed. For taking the Loan, the CIBIL score of the applicant is also taken into consideration. To take the Loan in the present as well as in the future, the applicant must maintain a good CIBIL score.  The CIBIL of the applicant must be minimum 650. Here all the information will be provided to you that you may need to take Personal Loan Gobindgarh. In addition to all, these loans can be availed by the customer for business purpose, to repay a loan, for marriage, etc.

Features of Personal Loan Gobindgarh

  1. Multi-purpose Loan: You can take a personal loan for a variety of purposes such as for conducting a family wedding, supporting your child’s education, renovate your home, or even pay back an existing loan.
  2. No collateral: If you are eligible, you can take a personal loan without putting up any of your assets as collateral.
  3. Minimal paperwork: A personal loan requires very little paperwork when compared to other types of loans.
  4. Easy repayment: Our Personal Loans come with a host of repayment options such as post-dated cheques, ECS, online payments of EMI, and so on.
  5. Affordable interest rates: Our Personal Loans come with competitive interest rates that are easily affordable.
  6. Quick: quick and easy documentation process for short-term personal loans. The Loan gets disbursed within 72 hours.

Interest Rate and Other Charges

  1. Firstly, the interest rate on personal Loan starts from 11.49% to 19.5%
  2. After that, the processing fees charged by the bank on personal Loan is 2 % to 5 % per annum.
  3. The prepayment charges for personal Loan starts from 2 % to 5%.
  4. Lastly, the Loan can be availed for a period of 12 months to 60 months.

Documentation For Personal Loan

The applicant can use these documents for claiming a Personal Loan

List Of Documents For Salaried
1. Firstly, Proof of Identity:- Passport or Driving License or Voters ID or PAN Card (any one).
2. Then, Proof of Residence:- Aadhar Card, Pan Card, Passport, Electricity Bill, Rental agreement
3. Another is the Latest 3 months Bank Statement (where salary or income is credited).
4. Also, Salary slips for last 3 months.
5. Lastly, Two Passport Size photographs.

List Of Documents For Self-Employed

  1. Firstly, Proof of Residence:- Aadhar Card, Pan Card, Passport, Electricity Bill, Rental agreement
  2. Furthermore, Income proof (audited financials for the last two years). Latest 6 months Bank statement.
  3. Likewise, Office address proof.
  4.  Also, Proof of residence or office ownership.
  5. Similarly, Proof of continuity of business.
  6. Lastly, KYC Documents: Proof of Identity; Address proof; DOB proof.

Eligibility Criteria For Personal Loan

For Self-Employed

  1. Age: 23 years (self-employed individuals) and 25 years (for doctors); Maximum age – 65 years.
  2. Minimum Turnover: Rs. 40 lakh for non-professionals; Rs. 15 lac for professionals; as per audited financials.Minimum Profit After Tax: Rs. 2 lac for Proprietorship Firm/Self-employed Individuals and Rs. 1 lac for non-professionals as per audited financials.
  3. Business Stability: In current business for at least 5 years and a minimum of 3 years for doctors.
  4. Existing relationship with the bank: Minimum 1-year liability relationship (current or savings account) or Asset relationship (Loan) either live or closed in the last 36 months; repayment track as required.

For Salaried

  1. Firstly, the age should be in between 21 to 70 years.
  2. Next, total years in job or profession: 2 years.
  3. Moreover, years in current residence: 1 year (One day if in a Super A Company).
  4. Lastly, the minimum salary for taking a personal loan is Rs. 15,000.

How to apply through Bestloandeal?

  1. First of all visit our website
  2.  Then fill there the Gold Loan Application Form.
  3. Lastly, you can get further details from our representatives.

About Gobindgarh

Gobindgarh is a town located in district Fatehgarh in the state Punjab, India. It is also referred to as the Steel City of Punjab as a large number of steel factories are situated here.