There are two broad categories of personal loans i.e. secured personal loan and unsecured personal loan. The former is secured against mortgage of gold, insurance policies etc. while the latter does not require any mortgage from the customer.
‘Smart Loan India’ help you avail quick and easy finance at your doorstep.
Worried about your children’s wedding in the family? Want to send your child abroad for further studies? Want to be rent free and build your own house? Yes, Personal Loans is the answer to all these queries.
Eligibility(for) loan amount is dependent on several key factors such as your profession, work profile, ballpark expenditure, rate of interest, size of the family, residence ownership tenure of the loan among others.
As a standard practice, certain % of your monthly income is usually counted as EMI.On the basis of your monthly income, the eligibility calculator defines an approximate figure of finance.
Personal loans are usually incurred for higher studies, renovation of the residence/work place, marriage of a loved one, high end consumer products, abroad vacations, medical emergencies etc.
Some basic eligibility factors are as follows:
Please note that the documents proof may vary from individual to individual. We take pride in ourselves on keeping up an active & responsible relationship with our customers throughout the process from applying till disbursal.