A personal loan is an underlying demand for today. A Personal Loan can be taken to fulfill any own need ranging from your child’s education to your daughter’s marriage, or any medical issues running in your family, etc. could be taken care of by accessing a personal loan.
Personal Loan Guwahati Interest Rates
Many NBFCs and banks provide personal loans at different rates. Generally, personal loans are offered at 10.75% annually. The interest rate varies according to the customer’s need as higher the loan amount lesser will be the interest rates.
To know more: Personal Loan Interest Rates
Eligibility for availing a Personal Loan Guwahati
Both Self-employed and Salaried applicants can avail a personal loan, but the criterion is different for both the customers.
For Salaried:
Firstly, the borrower should be an Indian citizen.
Secondly, the applicant’s age should be at least 21 years.
Next, the applicant’s age should not be above 60 years.
After that, the borrower should be working in a company from the last three months.
Minimum salary of the customer should be Rs 20,000 per month.
For Self- Employed:
Firstly, the borrower should be an Indian citizen.
Secondly, the applicant’s age should be at least 25 years.
Next, the applicant’s age should not be above 65 years.
After that, the person should be carrying his/her business for at least three years.
Next, the customer should be filing his/her Income Tax Returns at least for three years with a minimum amount of Rs. 2.5 lakhs.
To know more: Personal Loan Eligibility
Foreclosure of Loan Personal Loan Guwahati
A foreclosure facility is available for the applicant if he/she wants to close the loan before the date of tenure. The banks charge a very nominal amount as foreclosure charges.
Documents Required for Personal Loan Guwahati
The borrower doesn’t require too many documents for availing a personal loan. Some necessary documents are needed, and they are mentioned below:-
Identity Proof – An Aadhaar card/ Passport/ PAN card/ Ration card/ Voter card.
Residence Proof – Aadhaar card/ Ration card/ Voter card/ PAN card/Passport/rent agreement on the name of the applicant/ Utility bills on the name of the applicant.
A salaried person should have salary slips of at least the last three months.
A self- the employed person should have Income Tax Returns of at least last three years.
Two coloured passport size photographs.
Know more: Documents Required for Personal Loan
How to Apply Online for Personal Loan Guwahati?
First of all, you have to visit our website, i.e., www.magicloans.in .
Secondly, you should fill your details on the form.
Once you are done with formalities, all you need to do is relax. Our relationship manager will contact you.
After that, our relationship manager will select the best loan scheme for you.
At last, once you have decided from which bank you want to avail the loan; our relationship manager will help you to get your loan disbursed.
Personal Loan Guwahati Benefits
First of all, the applicant doesn’t have to pledge any security.
Secondly, the process is speedy.
Next, it requires minimum documentation.
A personal loan gets quickly approved.
After that, the customer doesn’t need any guarantor.
Besides all these, the loan disbursal is speedy.
Why Personal Loan Guwahati?
Firstly, we don’t require mortgaging any asset against the loan amount.
After that, the process of loan approval is quick and hassle-free.
It requires very minimal documentation for loan approval.
At last, we won’t require any guarantor for loan approval.
About Guwahati
Guwahati is a city beside the Brahmaputra River in the northeast Indian state of Assam. For more information, please visit www.magicloans.in .