No end-usage restriction

Loan amount of up to Rs. 40 lakh, which can exceed depending on lenders' discretion

Repayment tenure usually ranges between 1 year and 5 years, with some banks/NBFCs offering longer tenures

Quick Disbursal . Minimum Paperwork . Minimum documents · Superfast processing · Apply online ·

The interest rates usually start from 10.50% p.a. with some PSU banks offering lower interest rates

Applicants having excellent credit profiles may also qualify for preapproved/prequalified personal loans with instant disbursal Personal Loan Eligibility

Age: 18 - 60 years

Income: Minimum Rs 15,000/month for salaried applicants

Credit Score: Preferably 750 and above as having higher credit scores increase the chances of your loan approval at lower interest rates