Personal Loans

Overview:

Personal loans are ideal for individuals who need quick access to funds for personal reasons such as unexpected medical bills, home improvement, education expenses, travel, or even debt consolidation. As unsecured loans, they do not require any collateral and offer a convenient way to manage short-to-medium-term financial needs.

Key Features:

Loan amounts typically range from ₹50,000 to ₹5,00,000 based on income and creditworthiness.
Repayment tenures available from 12 to 60 months, offering flexible monthly installment options.
Minimal documentation including KYC, income proof, and bank statements.
Quick approval process with disbursal within 24–48 hours in most cases.
Fixed or reducing interest rate options depending on applicant profile.

Ideal For:

Salaried individuals needing immediate liquidity for medical emergencies or large expenses.
Self-employed professionals with seasonal cash flow gaps.
Individuals looking to consolidate high-interest debts into one manageable loan.