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Personal loan Abu Road

    Personal loan Abu Road Personal Loan is the best loan option to handle all expenses. A personal loan is an unsecured loan. You usually don’t need to commit any security or collateral while availing a personal loan. A personal loan is a multipurpose loan that helps you meet your current financial needs. Your lender lets you use the funds as per your requirement for many purposes. These purpose may include paying medical bills, taxes, and many more. Personal loan Abu Road eligibility criteria There are two categories of applicants: Salaried Self- employed Both categories have different eligibility criteria which are explained below. Salaried applicants: Firstly, age of the applicant should be between 21-60 years. Minimum income required is 18,000. Work experience of at least three months is necessary. In addition to this, salary should come in account only. Moreover, the CIBIL score (credit history) should be good. Indian citizenship is must. Self-employed applicants: Age of the applicant should be between 25-65 years. Should have ITR of at least three years. Furthermore, minimum ITR should be of 2.5 lakhs per annum. Again, Good CIBIL score (credit history) is required. The Business should be running from past three years. Applicant should have Indian citizenship. Documents required for Personal Loan The documentation process is very easy and simple in a Personal Loan. Though Personal Loan is a highly unsecured loan so the bank needs to be assured by checking the documents of the customer. First of all, two colored passport sized photographs are required. After that, one identity proof is required. (Aadhar Card/Voter ID Card/ PAN Card/ Passport/ Driving License). Furthermore, one residence proof is required. (Aadhar Card/Voter ID Card/ PAN Card/ Passport/ Driving License/ Ration Card/ Rental Agreement/ Utility bills of last three months by the name of the applicant). One proof of income is must in a Personal Loan. For a salaried person, it can be salary slips of the last three months. Also, the bank statement of last 6 months is also required to get a Personal Loan. For a self-employed applicant, the income proof is the ITR of last three years and it should be of at least 2.5 Lacs. Interest rates personal loan Abu Road The rates of interest of the Personal Loan vary on the basis of the income of the applicant, the amount of loan required, and the category of the company. Generally, the basic rate of interest in the personal loan is 10.75% per annum. However, it can change according to time. Pre-closure Charges If someone wants to close the loan before the completion of the tenure of the loan, then it is known as pre-closure. The Personal Loan comes with the property of pre-closure. But, there are some penalty charges, and these penalty charges are nominal. They generally range from 0-2%. Tenure of Personal Loan Abu Road The applicants can select the tenure of the loan according to their convenience. It can be from 6 months to 5 years. Methods of Repayment There are three ways of repayment of the Personal Loan Term Loan EMI OD How to apply? Visit Fill the online application form with the required fields. You will get a call from the loan experts within 5 minutes. The process is very easy, simple and hassle-free. About Abu Road Abu Road is a municipality in Sirohi district of Rajasthan state. It is situated southeast of Mount Abu, and its railway station is an essential stop on the main railways line connecting Delhi and Ahmedabad. It is 27 km up the hill from Abu Road. To apply for a Personal Loan online in Abu Road, visit