• A personal loan is an unsecured loan, which means you don't need to pledge collateral to receive funds. You can use the money for any personal expense.
• The following people are eligible to apply for an Instant Personal Loan:
1. Individuals between 21 and 60 years of age.
2. Individuals who have had a job for at least 1 year.
3. Employees of private limited companies, employees from public sector undertakings, including central, state and local bodies.
4. Those who earn a minimum of Rs. 15,000/- net income per month.
• Usually, the required credit score for a Personal Loan is 650 or more.
• Commonly, the required CIBIL score for a Personal Loan is 650 or more.
• Yes, you can apply for a personal loan in our NBFC Partners by buying our Premium Membership.