Is Personal Loan a Right Choice for you?
We all sometimes face financial crises in our life. Personal Loan helps us to overcome from that face of life. Personal Loan is an Unsecured Loan availed by the applicants to fulfil their financial desire. It can be the best option for People who wants to fund their expenses.
Personal Loan helps you to face your medical bills, renovation, marriage expenses etc. As they are Unsecured Loan, there is no need for any collateral or cosigner to avail this loan.
Eligibility criteria of Personal Loan
There are some eligibility criteria for all banks. There are two categories of the applicants that are described one by one
- For the Salaried Applicants, the minimum age required is 21 years to maximum 60 years.
- Applicants of the Metropolitan city should have an income of at least 18,000.
- Applicants of the Non-Metropolitan city should have an income of 12,000.
- The salary of the applicant should come to their respective bank ac