Personal Loan Saiha

Having financial constraints? Or want to expand your business? Fulfill your desires with BestLoanDeal. With us, you can have easy access to loans.


What is Personal Loan Saiha?

Personal Loan is an unsecured loan that provides financial aid to the customers at affordable interest rates. To get a Personal Loan, the applicant needs to have a rigid and excellent source of income and has a good credit history. Furthermore, there is no end use restriction on the use of the personal loan amount. You can use this loan amount anywhere you want to do. BestLoanDeal have been taking care of its customer’s dreams for a long time and now they are in your city as well.


Personal Loan Saiha 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.


Documents required for a personal loan Saiha

It is an essential step in the process of sanctioning a personal loan. Always ensure that the documents you provide are genuine because most of the rejections are based only on fraud documents that people offer.
Documents required in case of a salaried applicant:
1. Salary slips of last three months
2. Bank statements that are six months old
3. PAN Card is a must
4. Aadhar Card is also required
5. Residence proof (self-owned or rented or company provided) is necessary
Two passport size photographs
*NOTE: In case of people living in rented apartments, rent agreement is required and must be attached along with other documents.


Documents required in case of a self-employed applicant:

Identity proof: One should have these following documents with him(Passport/Id card/voter card/driving license/Aadhar 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/Aadhar 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


How to calculate your monthly EMI?

Now with fewer efforts and with a single click, you can calculate your personal loan EMI with the help of personal loan EMI Calculator. You are now independent of knowing that what will be the fixed amount you will pay to the bank every month after taking a loan.


Why BestLoanDeal?

BestLoanDeal is a platform where you can compare the best banks in India regarding a personal loan. We help you with the deals and offers by different banks across the country. Our customer relationship managers will get in touch with you as soon as you finish filling the application form that is displayed on our website. They will provide you the most relevant information that you require.


About Saiha

Siaha is a census town in Siaha district in the Indian north-eastern state of Mizoram. You can easily avail Personal Loan in Saiha via BestLoanDeal.


Basic FAQs about Personal Loan

Whenever a person is interested in taking a personal loan, many questions come in his mind. So the questions and answers below might help you in solving your queries.

Who can apply for a Personal Loan?

A self-employed or a salaried person can opt for this type of loan.

What is the tenure of a personal loan?

This type of loan is available for a minimum period of 1 year to a maximum period of 5 years.

How do I escape from rejection on my mortgage?

If a person provides original documents and everything goes well with the verification of the person, then he can escape from rejections on loan.

What happens when an applicant fails in repaying his loan amount?

In that case, your CIBIL Score is affected a lot.

Can I take more than one Personal Loan at a time?

No, you cannot take more than one personal loan when you are already undergoing one loan.


Personal Loan Interest Rates: Updated

Bank Interest Rates


 10.99% to 18%


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%