Personal Loan Palpur

Demands are never-ending, but the salary is limited, so in such situations, what must a person do to meet his needs? The answer is to take credit. A Personal Loan is the best among all as the feature of not mortgaging any property against is beneficial for those who don’t have one.

What is Personal Loan?

Personal Loan is an unsecured finance, that means it does not require any collateral. Borrower did not need to deposit any mortgage or security. You can get a Personal Loan based on your eligibility like monthly income, banking history, CIBIL score, employment profile, etc. You can use this loan amount anywhere you want to do.

Personal Loan Palpur 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.

More About: Interest Rates on Personal Loan

Why Personal Loan Palpur?

First of all, they charge very less processing fees.
Secondly, they require less or minimal documents.
Next, the process of approval is quick and hassle-free.
And, there is no cosigner required.
Also, it provides an affordable rate of interest.
The loan given by them is Collateral free.

Personal Loan Palpur 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:

  1. Salaried Applicant
  2. Self-employed Applicant  

There are various eligibility criteria for both applicants:

Salaried Individuals:

  1. Salary: Rs 18,000 (Monthly).
  2. Minimum Age: 21 Years.
  3. Maximum Age: 60 Years.
  4. Work Experience: Should be Overall, three years and must have 1-year experience in the ongoing job.
  5. CIBIL Score must be more than 700.
  6. A person who gets his/her salary in cash is not eligible for availing Loan

Self Employed Individuals:

  1. Minimum Age: 25 Years.
  2. Maximum Age: 65 Years.
  3. Should be filing for an annual ITR of 2.5 to 3 lakh.
  4. Residence: Must be having an Office or Home.
  5. The business should be running for the last three years.
  6. CIBIL Score must be more than 700.

Personal Loan Palpur 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 bestloandeal is the right decision?

Firstly,bestloandeal 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 bestloandeal, you will get a document pickup facility from your doorstep.

How to apply for Personal loan Palpur?

  1. Search for www.bestloandeal on google.
  2. Please, it is essential that the applicant provide their correct contact details.
  3. Now once you fill the form, all the work is done.
  4. Then, our relationship manager will call you within 30 minutes and provide you the best offers and deals that you can get from near your location.
  5. Also, you don’t need to worry about paying anything as we provide free expertise to you.

About Palpur

Palpur is a village in tehsil Vijaypur in the district Sheopur of Madhya Pradesh State, India. It is very beneficial for an individual to take a personal loan, all you have to do is to visit www.bestloandeal.

Personal Loan Interest Rates: Updated

Bank Interest Rates
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%