Personal Loan Mohali

Personal Loan at 10.75% p.a

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Personal Loans €“ Get finance for your every need

About Personal Loan Mohali

Personal Loan Mohali

Dreaming of a vacation, a perfect wedding, home renovation or a much desired gadget, you no longer need to wait to realize your dreams. Make your life picture perfect with a Personal Loan.

Advantages of Personal Loan Mohali

  • Wide range of product to choose from
  • Guidance throughout the process, making home buying hassle free
  • Doorstep service at your comfort
    Simplified documentation
  • Sanction without having selected a property
  • Flexible repayment options
  • Insurance options for home loan at attractive premium
  • Apply Online and Get Quick Approval
  • Personal Loan online Approval in 2hrs.
  • Check your Personal Loan Eligibility.

Eligibility Criteria for Personal Loan Mohali

Banks provides you with personal loan to fulfill your dreams with minimum documentation:

For Salaried Individuals

Criteria*

Salaried

Age

22 years €“ 65 years.

Salaried individuals with minimum monthly income Rs.15,000 (Rs.20,000 for applicants residing in Mumbai & Delhi; Rs.18,000 for applicants residing in Chennai, Hyderabad, Bangalore, Pune & Kolkata; For Others Rs. 12,000)

Total years in job/profession

2 Years

Years in current residence

1 Year (One Day if in a Super A Company)

For Self Employed Individuals

Criteria*

Self Employed

Age

23 years (self employed individuals) and 25 years (for doctors); Maximum age €“ 65 years

Minimum Turnover

Rs. 40 lakh for non-professionals; Rs. 15 lac for professionals; as per audited financials

Minimum Profit After Tax

Rs. 2 lac for Proprietorship Firm/Self employed Individuals and Rs. 1 lac for non-professionals as per audited financials

Business Stability

In current business for at least 5 years and minimum 3 years for doctors

Existing relationship with the bank

Minimum 1 year liability relationship (current or savings account) or Asset relationship (loan) either live or closed in the last 36 months; repayment track asrequired

 

Documents Required for Personal Loan Mohali

Banks provides you with personal loan to fulfill your dreams with minimum documentation:

List of documents for Salaried

  1. Proof of Identity:- Passport / Driving License / Voters ID / PAN Card (any one)
  2. Proof of Residence:- Leave and License Agreement / Utility Bill (not more than 3 months old) / Passport (any one).
  3. Latest 3 months Bank Statement (where salary/income is credited).
  4. Salary slips for last 3 months.
  5. 2 Passport Size photographs.
  6. List of documents for Self-Employed

KYC Documents : Proof of Identity; Address proof; DOB proof.

  1. Proof of Residence:- Leave and License Agreement / Utility Bill (not more than 3 months old) / Passport (any one).
  2. Income proof (audited financials for the last two years).Latest 6 months Bank statement.
  3. Office address proof.
  4. Proof of residence or office ownership.
  5. Proof of continuity of business.

About Mohali: Mohali is one of the hot spot for tourism in Punjab. It is also known as the ‘twin city’ of Chandigarh. Renamed SAS Nagar in memory of Sahibzada Ajit Singh, the eldest son of Guru Gobind Singh. Mohali also known for its Cricket ground.