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Personal Loan

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  1. A personal loan is a type of unsecured loan and helps you meet your current financial needs. You don’t usually need to pledge any security or collateral while availing a personal loan and your lender provides you with the flexibility to use the funds as per your need

Applicant Details

  1. Last three years balance sheet, copy of Income tax return, copy of Partner’s personal return , Memorandum and Article of Association in case of limited company, resolution for loan application, Pay slip of last 3 Months.
  2. Three photographs of Applicant
  3. Business proof of Applicant
  4. Applicant’s Pan card & Aadhar card
  5. Bank statement of last 2 years
  6. Applicant has to show all original documents to the bank for verification with zerox copy. Original documents will be returned to applicant after verification.
  7. Address proof – electric bill /telephone bill /Gas bill (any one) As per KYC norms.

Gaurantor Details

  1. Photograph-3 copies
  2. Last tax bill
  3. Last income tax return copy / Pay slip of last 3 Months.
  4. Address proof – electric bill /telephone bill /Gas bill (any one) As per KYC norms
  5. Photo proof – Aadhar card / Pan card / Voter card / Driving license/Aadhar card (Any one) As per KYC norms

Conditions

  1. Bank will give loan if property is having N.A.N.O.C and BU permission.
  2. Applicant has to provide two guarantors.
  3. Applicant has to take share @ 5% of the limit.
  4. The processing charges will be 1% of loan amount sanction.