Personal loans in Mumbai - Features and Benefits

Mumbai is known as one of the biggest financial capitals of India. It is one of the cities popular as India’s biggest entertainment and business capital. This place witnesses go-getting attitudes, and suburban trains that ferry millions of commuters to and from work. A city that draws people from across the country with their dreams of a better life. This is the reason that being a Mumbaikar, sometimes managing finances in a bustling and fast-paced city can be challenging. Read here to know about process to apply for Personal loans in Mumbai.

Features and benefits of getting an instant personal loan in Mumbai

·        Loan Amount Eligibility: Rs 25000 - Rs 25 Lakh

·        Easy and simple loan application

·        Flexible loan Tenure- 1- 5 years

·        We offer customized interest rates that would be suitable for every individual customer depending on their profile.

·        The lowest personal loan Interest rate in Mumbai starts at @10.25%

·        Minima and online documentation

·        Easy EMIs

The eligibility criteria to apply for an Instant Personal loan in Mumbai

Nationality: Must be a citizen of India

Age – Minimum age is 21 years, and the maximum is 60 years

Credit Score: You should have a good credit score, 700 or above

Monthly Income requirement: Rs 20,000 per month

Work Experience

Salaried

Employed at the current company for at least 6/12 months

Self-Employed

Business tenure of at least 3 years (continuous)

ITR of last 3 years

Self-Employed

·        Business tenure of at least 3 years (continuous)

·        ITR of last 3 years

The documents required to apply for an Instant Personal loan in Mumbai

Standard KYC documentation such as Aadhar card, drivers’ license, PAN card, etc.

·        At least 2 months of salary slips, for company employed applicants, or 2 months of income proof, for self-employed applicants

·        At least 6 months of bank account statements - salary account for salaried individuals, or current account, for self-employed individuals.

IndiaLends is a one-stop solution for all your financial needs when you are looking forward to applying for online personal loan in Mumbai. We try to provide you with the best services that are hassle-free and quick in processing. For personal loans in Mumbai, we provide you with a comparative analysis of what different banks are offering and help you in picking up the best.

Our experienced financial IndiaLends team has collaborated with the top banks and NBFCS to takes care of your credit needs and finds a good personal loan offer for you. We evaluate your profile and match them against the eligibility criteria of various financial institutions. After the careful analysis of available offers, we pick the best.

Whether you need funds for paying off medical bills, for home renovation, for meeting wedding expenses, or any other financial emergencies, apply for an instant personal loan in Mumbai, meet all your immediate financial requirements instantly offering you the best interest rate and flexible tenure to repay your loan in easy EMIs.