Personal Loan Faridabad

With the river Yamuna streaming marking its eastern borders, Faridabad has long been considered a beautiful city for its natural landscapes. Home to a thriving henna industry, Faridabad is also a bustling hub for many industrial sectors as well.

As more people head to this industrial center, financing needs in Faridabad are growing. A Personal Loan in Faridabad can be availed with minimal hassle through Bajaj Markets.

Personal Loans: Features and Benefits

The best Personal Loan in Faridabad can help you meet a range of financial needs. Read on to learn some of the features and benefits of an instant Personal Loan in Faridabad.

1. You can avail upto Rs. 25 Lakhs to pay for your children’s education or even take the family on a lavish vacation.

2. The best Personal Loan interest rates in Faridabad can be availed on Bajaj Markets, and you can get them without any collateral.

3. You can repay these unsecured loans over a flexible repayment tenure extending up to 5 years.

Eligibility Criteria for a Personal Loan in Faridabad

An instant loan in Faridabad can be yours, if you meet the eligibility criteria for availing it. Read on below to learn the eligibility criteria for availing a Personal Loan in Faridabad.

• The applicant must be an Indian citizen, between the ages of 21-63 years.

• For availing the best Personal Loan in Faridabad, applicants must be earning a salary of at least Rs. 15,000 a month.

• To avail the instant Personal Loan, applicants must have work experience of about 2-3 years.

• The applicant’s credit score must be above 600.

How to Get the Best Personal Loan Interest Rates in Faridabad

It is possible to enhance your application such that you can avail the best Personal Loan interest rates in Faridabad. Consider the tips below.

• Ensure that your CIBIL score is 600 or higher. If not, take steps to increase it like clearing all your outstanding bills, maintaining good repayment track etc.

• Reduce how much credit you avail, and maintain a low debt to income ratio.

• Assess all the lenders carefully and avoid making too many loan applications.

• Ensure you maintain a steady income so you can repay the loan easily.

Documents Required to Avail Personal Loan

Along with your application to avail an instant Personal Loan in Faridabad, you will need to submit certain documents. Read below to learn what you need to keep handy.

1. Passport size pictures

2. Proof of identity, such as Aadhaar card, passport, PAN card, etc.

3. Proof of residence, such as Aadhaar card, driver’s license, voter’s ID, etc.

4. Proof of income, such as bank statements or payslips from the previous 3 months.

Applying for a Personal Loan

Once you have your documents, you can submit your application for an instant loan in Faridabad in 4 easy steps.

1. Fill in your personal and financial details in the online form

2. Then, choose the most suitable offer from the list of Personal Loan providers in Faridabad.

3. Select the loan amount you wish to avail and choose a suitable repayment tenure.

4. Submit the application form along with the documents for verification.

Once your loan application has been approved, you will be notified and the loan amount will be disbursed quickly, into your bank account. Head to Bajaj Markets right away to avail the best Personal Loan in Faridabad. 

Once your loan application has been approved, you will be notified and the loan amount will be disbursed quickly, into your bank account. Head to Bajaj Markets right away to avail the best Personal Loan in Faridabad.