A Personal Loan is an unsecured loan that can be used to meet various personal financial needs, from medical expenses to travel.
Personal Loans are suitable for expenses like home improvement, weddings, education, or emergencies.
Salaried and self-employed individuals aged 21-60, with verifiable income, are eligible.
Commonly required documents include recent bank statements, salary slips, and KYC documents.
Tenures range from 12 to 60 months (Maximum), depending on the loan amount and borrower profile.
Yes, prepayment is allowed. Check for applicable charges based on your loan agreement.
Interest rates vary depending on tenure and borrower creditworthiness.