There are several types of personal loans to choose from, including debt consolidation loans, medical loans and wedding loans.
Personal loans are usually taken so that it can cover personal expenses. It varies when it comes to interest, Repay amount & fee for the application.
How to apply for the personal loan?
Here is a 5 step on how to get a Personal Loan. From documents required to how to apply for a Personal Loan,
- Finalise the amount how much you need as per the requirements.
- Once you finalise the amount, You need to check your eligibility (Cibil score) for proceeding. Few documents seem to be important to check the cibil score like Addhar card, Pan Card. If you successfully pass the stage 2 with required cibil percentage. Cibil score will also be the same whenever bank approaches the RBI, But the cibil score eligible criteria differs from bank to bank.
- After completing step 2, You need to calculate the No of years you are planning to complete the loan. You can modify the interest rate & tenure period based on your income.
Pride society has a friendly interest EMI & offering Personal loans. - You can apply for the personal loan by visiting the nearby branch with the above-mentioned points & documents.
- Mainly carry your bank statement (Last 6 months), Payslip or IT returns filed proof), Address & ID proof.
When your personal loan is paid off, the credit line is closed. You will no longer have access to it.
That’s how to get a Personal Loan in 5 easy steps! Make your dream come true with the above 5 steps.
Pride society gives you a personal loan with minimal interest rate & also approves loan within a few mins based on the cibil score. We have a streamlined application process which makes your process hassle free.
