Personal Loan Thrissur

The loan can be for fulfiling any personal needs like child’s education, daughter’s marriage, medical issues etc. Personal Loan is the easiest and convenient method of getting cash instantly. The quick assessment of loan amount is based upon the applicant’s credit profile.

Personal Loan Thrissur Interest Rates

Different banks offer different Interest rate according to there policies. Usually, they provided a Personal loan interest rate of 10.75% per annum.

More About: Interest Rates on Personal Loan

Why Personal Loan Thrissur?

First of all, we don’t need to pledge any asset against the loan amount.

Secondly, the process of loan approval is fast and without any hassle.

Next, it requires less or very minimal documentation.

After that, we won’t require any guarantor for loan approval.

Besides that, the loan disbursal is quick.

Personal Loan Thrissur Eligibility Criteria

Eligibility for both the applicant depends upon several factors such as your credit score, monthly income and on other factors.

Salaried Individuals:

First of all, the individual should be a citizen of India or the Permanent Resident.

Secondly, the minimum age of the applicant should not less than 21 years.

Next, the applicant’s maximum age should not more than 60 years.

After that, the applicant should be working for at least three months in the organisation.

Furthermore, the Credit score of the applicant should be more than 680.

Minimum salary of an individual should be at least Rs.20,000 per month.

The applicant should get his salary in his bank account.

Self Employed Individuals:

First of all, the individual should be a citizen of India or the Permanent Resident.

Secondly, the minimum age of the applicant should be not less than 25 years.

Next, the individual maximum age should not be more than 65 years.

After that, the applicant carrying his business from at least the past three years.

Furthermore, the Credit score of the applicant should be more than 680.

Next, the applicant filing his Income Tax Returns from at least past three years with a minimum amount of Rs. 2.5 lakhs.

Personal Loan Thrissur Documents

The applicant doesn’t require so many documents for getting a Personal Loan. Some necessary required documents are needed, and they all are listed below:-

For Salaried Applicant:

1. 1. • Identity Proof
      • Current Address Proof
      • Last six months bank statements
      • Latest three months salary slips
      • PAN Card Copy
      • Two Colored Photographs

For Self-Employed Applicant:

1. 1. • Identity Proof
      • Current Address Proof
      • Recent one year Bank Statement
      • Previous two years ITR
      • PAN Card Copy
      • Two Colored Photographs

Why your decision of choosing magicloans is the right decision?

Firstly, magicloans answers to the borrowers query very quickly.

Besides that, we offer a competitive rate of interest.

Furthermore, here, you can easily compare the interest rate of different banks or other financial institutions.

Besides that, you will get further information from our relationship manager.

If you apply on the lendingwale, you will get a document pickup facility from your doorstep.

How to Apply for Personal Loan Thrissur?

1. First of all, search for the magicloans website.
2. After that, the form opens up.
3. Besides that, fill the required necessary details.
4. Lastly, you can contact us for further queries.

About Thrissur

Thrissur is a city in the Kerala state, India. It is known as the cultural capital of Kerala. It is beneficial for the customers to take the personal loan from us; all you have to visit a magicloans website.

Personal Loan Interest Rates: Updated