A personal loan is an unsecured loan offered by financial institutions to individuals without putting up any collateral against it. These loans can be taken to cope with a wide variety of personal needs such as home renovations, medical emergencies, credit card consolidation, family needs, etc. Personal loans are generally sanctioned based on several criteria like income level, employment history, credit history, repayment capacity, etc.
The documents that you need to get a personal loan in Amroha as on 18 April 2024
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Age proof
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Proof of Identification
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Proof of residence
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Bank statement - 6 months from the current date
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If you are salaried
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Current salary slips for three months
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Tax returns
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Form 16 provided by the employer
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If you are self-employed
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Tax returns for the last three years
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Computation of taxable income for last three years
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Certified or Audited balance sheet and Profit and loss statement for last three years
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As of 18 April 2024, you can get cheap personal Loans in Amroha from the following
- HDFC bank personal loans in Amroha
- ICICI bank personal loans in Amroha
- AXIS bank personal loans in Amroha
- SBI personal loans in Amroha
- CITIBANK bank personal loans in Amroha
- Bank of Baroda personal loans in Amroha
- Allahabad bank personal loans in Amroha
- PNB personal loans in Amroha
- RBL bank personal loans in Amroha
- UCO Bank personal loans in Amroha
- Bank of Punjab personal loans in Amroha
- Standard Chartered Bank personal loans in Amroha
- IndusInd Bank personal loans in Amroha
- Dena Bank personal loans in Amroha
- Tata Capital personal loans in Amroha
- Kotak Mahindra Bank personal loans in Amroha
- Fullerton India personal loans in Amroha
- Oriental Bank of Commerce personal loans in Amroha]
- Andhra Bank personal loans in Amroha
- IDBI Bank personal loans in Amroha
- Indian Overseas Bank personal loans in Amroha
- State Bank of India (SBI) personal loans in Amroha
- Aditya Birla personal loans in Amroha
- Vijaya Bank personal loans in Amroha
- Bank of Maharashtra personal loans in Amroha
- ING Vysya Bank personal loans in Amroha
- The Bank of Rajasthan personal loans in Amroha
- Syndicate Bank personal loans in Amroha
- Punjab National Bank personal loans in Amroha
- Corporation Bank personal loans in Amroha
- Karur Vysya Bank personal loans in Amroha
FAQs for Personal Loans in Amroha
The personal loans amounts are sanctioned based on your financials and the policies of the banks. As of 18 April 2024 the range of personal loan amount is from Rs.50,000 to Rs.15,00,000.
This depends on the financial institution that you have taken the loan from. Some financial institutions allow you to prepay and others don't. If you have seasonal income, it may make sense for you the check the prepayment conditions with the lender before you borrow the money.
As of 18 April 2024 the majority of the lenders do not require a guarantor for a personal loan in Amroha. There are a few lenders who might require that, based on their product policy and your financial conditions. However, if they require it, they will let you know that during the application process.
As of 18 April 2024 the time to get the money in your account varies from 2 days to 7 days. However, in certain conditions, you might be able to get the loan faster than 2 days.
A lot of lenders allow the borrower to pre-pay the loans after 6 months. However, as of 18 April 2024 not all lenders allow you to pre-pay your loan. Therefore, it makes sense for you to check with your lender on the prepayments policy that they have.
