One of the most accessible loan options that require minimum documents. Personal Loan in is an excellent choice to meet current financial needs.
Compared to Loan against Property, in Personal loan, you don’t have to offer a collateral to the bank or financial institute. An individual can get a loan within 24 to 48 hours on the submission of the required documents. Plus, the loan amount can be used for any purposes without any restriction. The repayment tenure of the personal loan is short; up to 5 years. Also, the interest rates are competitive, and EMIs can be selected based on your repayment capacity.
Get Set Loans have helped countless individuals secure a personal loan at the best interest rate possible. Since a personal loan is a collateral-free funding option, the process of application and the screening of the applicant is quite stringent. As such, our knowledgeable and efficient team can help make this process as straightforward as possible for you, ensuring quick approval and disbursement of money in your account.
Eligibility For Personal Loan
- The Applicant should be at least 21years of age or up to 58 years for private employees and 60 government employees .
- The Applicant should be residing at the current place of residence for a minimum of 3 years.
- Salaried employees should have at least 3 years of work experience with the current employer.
- Self-employed applicants should be in the business for at least 3 years.
Personal Loan for Salaried Individuals (Documents Required)
- Proof of Identity (PAN Card) of the applicant.
- Proof of Address (Aadhaar Card, Passport, Voter ID, Driving License, Gas bill etc.,) of residence Applicant.
- Latest 3 months salary slips.
- Form-16 issued by the current employer.
- Bank statements for the last 3months (where the salary is credited)
- Proof of Job Continuity (employment certificate, certificate of experienceor appointment letter from the current employer)
- Photo of Applicant.
Personal Loan for Self-employed Professionals (Documents Required)
- Proof of Identity (PAN Card) of residence Applicant & Co-Applicant.
- Proof of Address (Aadhaar Card or Passport) of residence Applicant & Co-Applicant.
- Business and Office Proof.
- Education Credential: degrees, diplomas, certificates, etc.
- Bank statements for last year.
- lT Returns of three years preceding the one in which loan is applied for.
- Photo of Applicant & Co-Applicant.