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011 35742201
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A personal loan is an unsecured loan that does not require the applicant to pledge any assets as security. With a Personal Loan, there are no restrictions on how you can use your funds.
An applicant can apply for a personal loan with minimal documentation such as Identity proof, address proof, and proof of income.
Personal Loan has a repayment period of up to 7 years, with some banks/NBFCs offering longer periods.
With a mortgage or car loan, the funds can only be used to purchase a home or car. The funds obtained from a personal loan can be used for any purpose. The loan duration is from 12 to 60 months depending on your preference.
There are many instant loan disbursement systems where lenders will give you your money within hours. Your loan amount depends on many factors, including your ability to repay and your source of income.
The personal loan amount ranges from Rs 10,000 to hundreds of Rupees.
Check out the Eligibility criteria for our Personal Loan.
To be eligible for a Shivay Financial Consultant’s personal loan, specific criteria must be met. Key aspects considered by lenders in determining your qualification for a personal loan include:
1. Age: 21-60 years
2. Income: Minimum Rs 15,000/month for salaried applicants
3. Credit score: 750 or above is preferred as the higher the credit score, the more likely you are to be approved for a loan at a lower interest rate
4. To qualify for a personal loan, you must: Must be between 21 and 60 years old. What is the minimum credit score to apply for a personal loan? A minimum credit score of 650 to avail a personal loan. Credit scores may vary from bank to bank.
5. The following people can apply for a personal loan:
The following documents are required in order to apply for a personal loan from Shivay Financial Consultant:
Photo Identity Proof (Any one):
Address Proof (Any one):
Proof of Income:
For Salaried Professionals:
An EMI calculator is an essential tool for personal loan applicants, offering accurate monthly repayment estimates, clear visibility into total costs, and the ability to compare different loan options swiftly. Shivay Financial Consultant’s EMI calculator empowers borrowers to make informed decisions, plan their finances effectively, and choose terms that align with their budget and financial goals.
The fees and charges of Personal Loan usually vary from lender to lender and from case to case. The aforementioned table will give you a fair idea of the fees and charges related to Personal Loan:
| Particulars | Charges |
|---|---|
| ROI | Starting from 10.35% |
| Loan Cancellation | Rs. 3000 plus applicable taxes |
| Stamp Duty Charges | Payable as per the state law |
| Penal Charges | 2% on the delayed payment |
Other fees and charges that lenders may levy on your personal loan include documentation charges, verification charges, duplicate statement charges, NOC certificate charges and swap.
I can't thank the loan company enough for their prompt and efficient service. From the moment I applied, the team guided me through the process seamlessly. The quick approval time exceeded my expectations, and their commitment to customer satisfaction is truly commendable.
Choosing this loan company was a game-changer for me. Their transparency in explaining terms and conditions was refreshing. The interest rates were fair, and there were no hidden fees. It's rare to find a lending partner that prioritizes honesty and integrity. I'll definitely be recommending them to friends and family.
The loan company stood out for its personalized approach. The team took the time to understand my financial needs and offered a range of flexible options tailored to my situation. The communication was excellent, and they made the entire process stress-free. I appreciate your dedication to customer satisfaction and will be a returning client in the future.
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+91 9650232300
011 35742201
Call @ 9:30am to 7.00pm
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