Personal loans are unsecured loans preferred for meeting the short term money requirement. They are helpful in fulfilling the monetary needs during any emergency situation. Getting loan directly from bank includes a whole process of documentation, profile checks and approvals. However, at Credit Nation, we try to make the personal loan process simple.
Our relationship managers assist you at various steps including application, documentation, till the approval process. Two types of borrowers are eligible for personal loan. One is salaried and other is self-employed. The eligibility for personal loan is different for both.
If you fulfill the above mentioned eligibility, then you can easily apply for personal loan.
1. Minimum age of Applicant 21 years
2.Maximum age at loan Maturity58 years
Minimum period in current job1 year
Minimum Monthly Income above INR 17,500
1. Minimum age of Applicant25 years
2.Maximum age at loan Maturity65 years
Minimum period in current business3 years
Min. Profit After Tax
Professionalabove INR 2 Lakh
Non-Professionalabove INR 1 lakh
Job Continuity Proof: Any one
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