{"id":167,"date":"2020-07-31T09:53:33","date_gmt":"2020-07-31T09:53:33","guid":{"rendered":"http:\/\/magicloans.in\/?p=167"},"modified":"2020-07-31T09:53:33","modified_gmt":"2020-07-31T09:53:33","slug":"personal-loan-asansol","status":"publish","type":"post","link":"https:\/\/magicloans.in\/personal-loan-asansol\/","title":{"rendered":"Personal Loan Asansol"},"content":{"rendered":"<p style=\"text-align: justify;\"><span style=\"font-size: 24px;\">All about Personal Loan Asansol<\/span><\/p>\n<p style=\"text-align: justify;\">A Personal Loan is that loan which is provided by the various banks or NBFCs or online lenders to meet needs or unplanned emergencies. It can be taken by any person- by salaried persons or self-employed persons. The Personal Loan Asansol is provided to the individuals on the basis of their monthly source of income like salary or from a business.<\/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 Asansol\" width=\"216\" height=\"233\" \/><\/p>\n<h2 style=\"text-align: justify;\"><strong>Personal Loan Asansol Eligibility Criteria<\/strong><\/h2>\n<ul style=\"text-align: justify;\">\n<li>Firstly, the minimum age of the candidate applying for a loan should be at least 21 years for salaried person, and the same is 25 years for self-employed.<\/li>\n<li>Likewise, the maximum age is 60 years for the salaried person, and for a self-employed person, the maximum age must be 65 years.<\/li>\n<li>Furthermore, if the applicant is claimant, he\/she must receive his\/her salary in his\/her bank account.<\/li>\n<li>In addition to that, the claimant should have a proper source of income.<\/li>\n<li>Also, the monthly salary for a salaried person should be more than Rs.20,000.<\/li>\n<li>If the salary of a candidate is not up to Rs. 20,000; then he or she is not applicable to avail this loan.<\/li>\n<li>Besides that, for the self-employed borrower, ITR of Rs. 2.5 Lacs should have been paid for the last three years.<\/li>\n<li>Likewise, he\/she has to be an authorized citizen of India.<\/li>\n<li>Similarly, to avail this loan, your minimum Credit Score has to be at least 700.<\/li>\n<\/ul>\n<h3 style=\"text-align: justify;\"><strong>Personal Loan Asansol Interest Rates<\/strong><\/h3>\n<p style=\"text-align: justify;\">It depends on a lot of things which includes the income of the person, and the category of the company, the amount of loan needed etc. Regularly, the usual rate of interest in the personal loan is 10.75% per annum. Though, it can change with respect to time and in concern with different credit scores of the applicants.<\/p>\n<ul style=\"text-align: justify;\">\n<li>The candidate has an option to choose the time period of the loan.<\/li>\n<li>It can range from 6 months to 5 years, as per the borrower\u2019s convenience.<\/li>\n<li>If the applier wants to close the loan before the completion of the time period of his loan, then there is an option available to him of pre-closure.<\/li>\n<li>For pre-closure feature, the charges are around 0-2% depending on bank to bank and region to region.<\/li>\n<\/ul>\n<h3 style=\"text-align: justify;\"><strong>Documentation Required for Taking Personal Loan Asansol<\/strong><\/h3>\n<p style=\"text-align: justify;\">The documentation procedure for availing this loan is hassle-free and very easy to understand. Since a personal loan is a very insecure loan; therefore, the bank or other lenders need to assure themselves by checking all the documents of the applicant of the loan.<\/p>\n<ul style=\"text-align: justify;\">\n<li>Initially, two colored passport size photographs are a must.<\/li>\n<li>Further, one income proof is also needed which includes \u2013 salary slips and bank statement of last 6 months for salaried person.<\/li>\n<li>Likewise, one proof of identity is needed, which includes &#8211; Aadhar Card\/ Passport\/ Driving License\/ Voter Card\/PAN Card.<\/li>\n<li>Moreover, one residence proof is a must which includes &#8211; Aadhar Card\/ Voter Card\/ \/ Passport PAN Card \/ Ration Card\/ Utility bills of last three months in the name of the applicant \/ Rental Agreement.<\/li>\n<li>Most importantly, for a self-employed individual, income proof is ITR of the last 3 years, and it should be at least of Rs.2.5 lacks.<\/li>\n<\/ul>\n<h3 style=\"text-align: justify;\"><strong>Methods of Repayment of Loan amount<\/strong><\/h3>\n<p style=\"text-align: justify;\">There are basically 3 methods of returning money:<\/p>\n<ul style=\"text-align: justify;\">\n<li>EMI (Equated Monthly Installments) \u2013 In this you need to pay a fixed amount of money every month.<\/li>\n<li>Term Loan- This is most suitable for small businesses. The loan is provided for a specified period of time, usually at a fixed rate of interest.<\/li>\n<li>OD (Over Draft) \u2013 Under this, you pay interest only for the amount that you have credited, and once you debit that amount, then you do not have to pay any interest on it.<\/li>\n<\/ul>\n<h3 style=\"text-align: justify;\"><strong>How to apply Online?<\/strong><\/h3>\n<p style=\"text-align: justify;\">Now, you have all the information related to personal loan and want to apply for the loan then visit <a href=\"http:\/\/www.magicloans.in\">www.magicloans.in<\/a><\/p>\n<ol style=\"text-align: justify;\">\n<li>First of all, fill the online application form with the required fields.<\/li>\n<li>After that, you will get a call from loan experts within 5 minutes.<\/li>\n<li>The expert will explain to you the procedure, which is very simple and easy.<\/li>\n<\/ol>\n<h3 style=\"text-align: justify;\"><strong>Pre-closure Charges<\/strong><\/h3>\n<p style=\"text-align: justify;\">It may be possible that you want to close your loan before the completion of the tenure of the loan and for those lenders provide a feature called pre-closure. In pre-closure, there are some nominal penalty charges. Generally 0-2% that applicant have to pay.<\/p>\n<h3 style=\"text-align: justify;\"><strong>Tenure of Personal Loan<\/strong><\/h3>\n<p style=\"text-align: justify;\">There is no restriction, and you can choose the tenure of the loan from 6 months to 2 years according to your convenience.<\/p>\n<h3 style=\"text-align: justify;\"><strong>About Asansol<\/strong><\/h3>\n<p style=\"text-align: justify;\">Asansol is a town in Asansol Block of Bardhaman District in the state of West Bengal, India. Asansol has its Pin code as 713302, and the postal head office of this area is Railpar (Bardhaman). Kulti, Chirkunda, Barakar are the nearby cities to Asansol. Bengali is the provincial language used here.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>All about Personal Loan Asansol A Personal Loan is that loan which is provided by the various banks or NBFCs or online lenders to meet needs or unplanned emergencies. It can be taken by any person- by salaried persons or self-employed persons. The Personal Loan Asansol is provided to the individuals on the basis of&hellip;&nbsp;<a href=\"https:\/\/magicloans.in\/personal-loan-asansol\/\" class=\"\" rel=\"bookmark\">Read More &raquo;<span class=\"screen-reader-text\">Personal Loan Asansol<\/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\/167"}],"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=167"}],"version-history":[{"count":0,"href":"https:\/\/magicloans.in\/wp-json\/wp\/v2\/posts\/167\/revisions"}],"wp:attachment":[{"href":"https:\/\/magicloans.in\/wp-json\/wp\/v2\/media?parent=167"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/magicloans.in\/wp-json\/wp\/v2\/categories?post=167"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/magicloans.in\/wp-json\/wp\/v2\/tags?post=167"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}