{"id":159,"date":"2020-07-31T09:53:33","date_gmt":"2020-07-31T09:53:33","guid":{"rendered":"http:\/\/magicloans.in\/?p=159"},"modified":"2020-07-31T09:53:33","modified_gmt":"2020-07-31T09:53:33","slug":"personal-loan-kakinada","status":"publish","type":"post","link":"https:\/\/magicloans.in\/personal-loan-kakinada\/","title":{"rendered":"Personal Loan Kakinada"},"content":{"rendered":"<p><span style=\"font-size: 21px;\"><strong>All about Personal Loan Kakinada<\/strong><\/span><\/p>\n<h3>What is Personal Loan?<\/h3>\n<p>A personal loan is an unsecured loan which helps you to meet your current financial crises. You don&#8217;t need to pledge any security or collateral while applying for a personal loan and the financial institution provides you with the flexibility to use the funds as per your need. Apply Online for the Personal Loan in Kakinada via <a href=\"https:\/\/magicloans.in\">magicloans.in<\/a> and get instant approval.<\/p>\n<p><strong><em>Read more about <\/em><\/strong><a href=\"https:\/\/www.magicloans.in\/personal-loan-rajahmundry\/\"><em>Personal Loan in Rajahmundry<\/em><\/a><\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone wp-image-9590 size-full\" src=\"http:\/\/magicloans.in\/wp-content\/uploads\/2019\/12\/download.jpg\" alt=\"Personal Loan Kakinada\" width=\"216\" height=\"233\" \/><\/p>\n<h3>What is the minimum Interest Rate of Personal Loan Kakinada?<\/h3>\n<p>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\u2019s need as higher the loan amount lesser will be the interest rates.<\/p>\n<p><strong><em>More About:\u00a0<\/em><\/strong><a href=\"http:\/\/www.magicloans.in\/personal-loan-interest-rates\/\"><em>Interest Rates on Personal Loan<\/em><\/a><\/p>\n<h3>What is the Eligibility Criteria for Personal Loan Kakinada<\/h3>\n<p>Both Self-employed and Salaried applicants can avail a personal loan, but the criterion is different for both applicants.<\/p>\n<h4>For Salaried:<\/h4>\n<ul>\n<li>Firstly, the borrower should be an Indian citizen.<\/li>\n<li>Secondly, the applicant\u2019s age should be at least 21 years.<\/li>\n<li>Next, the applicant\u2019s age should not be above 60 years.<\/li>\n<li>After that, the borrower should be working in a company from the last three months.<\/li>\n<li>Lastly, minimum salary of the customer should be Rs 18,000 per month.<\/li>\n<li>Also, the person needs to have a minimum CIBIL Score of 700.<\/li>\n<\/ul>\n<h4>For Self-Employed:<\/h4>\n<ul>\n<li>Firstly, the borrower should be an Indian citizen.<\/li>\n<li>Secondly, the applicant\u2019s age should be at least 25 years.<\/li>\n<li>Next, the applicant\u2019s age should not be above 65 years.<\/li>\n<li>After that, the person should be carrying his\/her business for at least three years.<\/li>\n<li>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.<\/li>\n<li>Also, the person needs to have a minimum CIBIL Score of 700.<\/li>\n<\/ul>\n<p><strong><em>To know more about:\u00a0<\/em><\/strong><a href=\"http:\/\/magicloans.in\/personal-loan-eligibility\/\"><em>Personal<\/em><\/a><a href=\"http:\/\/magicloans.in\/personal-loan-eligibility\/\"><em>\u00a0Loa<\/em><\/a><a href=\"http:\/\/magicloans.in\/personal-loan-eligibility\/\"><em>n<\/em><\/a><a href=\"http:\/\/magicloans.in\/personal-loan-eligibility\/\"><em>\u00a0Eligibility<\/em><\/a><\/p>\n<h3>Foreclosure Charges of Personal Loan Kakinada<\/h3>\n<p>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.<\/p>\n<h3>What are the Documents Required for Personal Loan Kakinada?<\/h3>\n<p>The borrower doesn\u2019t require too many documents for availing a personal loan. Some necessary documents are needed, and they are mentioned below:-<\/p>\n<ul>\n<li><strong>Identity Proof<\/strong> \u2013 An Aadhaar card\/ Passport\/ PAN card\/ Ration card\/ Voter card.<\/li>\n<li><strong>Residence Proof<\/strong> \u2013 Aadhaar card\/ Ration card\/ Voter card\/ PAN card\/ Passport \/ rent agreement on the name of the applicant\/ Utility bills on the name of applicant.<\/li>\n<li>A salaried person should have salary slips of at least last three months.<\/li>\n<li>A self-employed person should have Income Tax Returns of at least last three years.<\/li>\n<li>Two latest passport size coloured photographs.<\/li>\n<\/ul>\n<p><strong><em>To Know more about:\u00a0<\/em><\/strong><a href=\"http:\/\/www.magicloans.in\/personal-loan-documentation\/\"><em>Documents Required for Personal Loan<\/em><\/a><strong><em>\u00a0<\/em><\/strong><\/p>\n<h3>How to Apply Online for Personal Loan Kakinada?<\/h3>\n<ul>\n<li>First of all, you have to visit our website, i.e., <a href=\"https:\/\/magicloans.in\/\">magicloans.in<\/a><\/li>\n<li>Secondly, you should fill your details on the form.<\/li>\n<li>Once you are done with formalities, all you need to do is just relax. Our relationship manager will contact you.<\/li>\n<li>After that, our relationship manager will select the best loan scheme for you.<\/li>\n<li>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.<\/li>\n<\/ul>\n<h3>What Benefits you will get\u00a0 Kakinada?<\/h3>\n<ul>\n<li>First of all, the applicant doesn\u2019t have to pledge any security.<\/li>\n<li>Secondly, the process is speedy.<\/li>\n<li>Next, it requires minimum documentation.<\/li>\n<li>A personal loan gets quickly approved.<\/li>\n<li>After that, the customer doesn\u2019t need any guarantor.<\/li>\n<li>Besides all these, the loan disbursal is very quick.<\/li>\n<\/ul>\n<h3 style=\"text-align: justify;\">About Kakinada<\/h3>\n<p style=\"text-align: justify;\">Kakinada is a place in East Godavari district in the state of Andhra Pradesh, India. It is the second most populated town after Kakinada in the whole district. The total population of this area is 443,028 out of which 222,461 were males, and 220,567 were females, as per the report of 2011 census. The Pin Code of this area is 533002.<\/p>\n<!-- Shortcode [pl-banks-cities] does not exist -->\n","protected":false},"excerpt":{"rendered":"<p>All about Personal Loan Kakinada What is Personal Loan? A personal loan is an unsecured loan which helps you to meet your current financial crises. You don&#8217;t need to pledge any security or collateral while applying for a personal loan and the financial institution provides you with the flexibility to use the funds as per&hellip;&nbsp;<a href=\"https:\/\/magicloans.in\/personal-loan-kakinada\/\" class=\"\" rel=\"bookmark\">Read More &raquo;<span class=\"screen-reader-text\">Personal Loan Kakinada<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"neve_meta_sidebar":"","neve_meta_container":"","neve_meta_enable_content_width":"","neve_meta_content_width":0,"neve_meta_title_alignment":"","neve_meta_author_avatar":"","neve_post_elements_order":"","neve_meta_disable_header":"","neve_meta_disable_footer":"","neve_meta_disable_title":"","footnotes":""},"categories":[],"tags":[],"_links":{"self":[{"href":"https:\/\/magicloans.in\/wp-json\/wp\/v2\/posts\/159"}],"collection":[{"href":"https:\/\/magicloans.in\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/magicloans.in\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/magicloans.in\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/magicloans.in\/wp-json\/wp\/v2\/comments?post=159"}],"version-history":[{"count":0,"href":"https:\/\/magicloans.in\/wp-json\/wp\/v2\/posts\/159\/revisions"}],"wp:attachment":[{"href":"https:\/\/magicloans.in\/wp-json\/wp\/v2\/media?parent=159"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/magicloans.in\/wp-json\/wp\/v2\/categories?post=159"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/magicloans.in\/wp-json\/wp\/v2\/tags?post=159"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}