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Personal Loans in Delhi

Personal Loans in Delhi

Personal loans in Delhi can be easily obtained as many financial institutions and NBFC offers them at a decent interest rate starting at 10.75%. It is the best way for all the inhabitants of Delhi to get a quick financial solution if they do not have an asset to provide as collateral.
We all know that the people of Delhi are used to the cosmopolitan lifestyle with expensive tastes and would not mind spending a large part of their income on the purchase of luxury items. Most of the money is spent on the comforts of life due to the constant desire to have a high standard of living.
Therefore, the biggest challenge we face is the inability to save money and stick to a budget, especially for a middle-class man. In times of liquidity shortage when the need for a lump sum arises, the solution is to apply for a personal loan.

Here are the common reasons for applying for a personal loan by Delhi residents:

  • The personal loan is obtained for various purposes, Personal Loans in Delhi such as paying medical bills, home renovation, wedding expenses, durable personal property, travel expenses, or any other financial emergency.
    • Work well as debt consolidation loans. A personal loan can help you save a certain amount, as interest rates are lower than most forms of debt, such as credit cards.

Special features:

  •  Easy and simple loan application
  •  Flexible loan Tenure- 1- 5 years
  •  Loan Amount Eligibility: Rs 25000- Rs 25 Lakh
  •  Low-interest rate loans with several attractive features
  •  Minimal documentation
  •  Easy EMIs

Eligibility criteria to apply for a Personal loan in Delhi

  • Nationality: Must be a citizen of India.
    Age – Minimum age is 21 years, and the maximum is 60 years.
    Credit Score: You should have a good credit score, 700 or above.
    Monthly Income requirement: Rs 20,000 per month.
    Work Experience.

Salaried
Employed at the current company for at least 6/12 months.

Self-Employed
• Business tenure of at least 3 years (continuous).
• ITR of last 3 years.

Personal Loans in Delhi You can also check your loan eligibility by visiting our website. In addition, we have an efficient personal loan EMI calculator that will help you get an idea of the loan amount to borrow. Additionally, you can also take advantage of our free credit reporting service before applying for a loan, which offers an in-depth analysis of your credit history.

The documents required to apply for a Personal loan

  •  At least 2 months of salary slips, for company employed applicant, or 2 months of income proof, for self-employed applicants.
  •  At least 6 months of bank account statements – salary account for salaried individuals, or current account, for self-employed individuals.
  •  Standard KYC documentation such as Aadhar card, drivers’ license, PAN card, etc.

How IndiaLends can help in getting a Personal loan in Delhi

IndiaLends is a one-stop solution for all your financial needs. We try to provide you the best service that is hassle free and fast in processing. For personal loans in Delhi, we give you a comparative analysis of what different banks offer and help you choose the best.

The main benefits of availing of our services are:
• Convenience
• 100% transparency
• Real-time customer support
• We get you the lowest interest rate loan offers from multiple Banks and NBFCs
• Compare offers online
• We handle everything for you ranging from documentation to disbursal.
Our experienced financial team takes care of your financial needs. We evaluate your profile and match them against the eligibility criteria of various financial institutions. After a careful analysis of available offers, we pick the best.
Instead of visiting a bank, natives of Delhi can take advantage of the online services of FinTech companies like IndiaLends.
A quicker way is to click the “Apply now” button on the top right corner and fill in the online application and supply the soft copies of all the documents. Post all verification checks and loan approval, the loan amount will be disbursed to your account.
Our services are completely free, and you can get some of the best personal loan offers in Delhi.