Personal Loan In Guntur

Located in the heart of Andhra Pradesh, the city of Guntur is the state's third-largest metropolis. Guntur has the biggest chilli market yard in Asia and also exports cotton and tobacco. Other than a vibrant budding commercial landscape, Guntur also boasts of a rich historical and cultural heritage. Whether it is your wedding, the renovation of your home in Guntur, or life-long travel plans, you can get a Personal Loan for your needs.

Reasons to Get a Personal Loan 

Personal Loans in Guntur can be borrowed to fulfil a number of personal needs by individuals. Some of the reasons why people take Personal Loans are--

• Marriage loans help you easily meet the expenses of your wedding. With this type of Personal Loan, you can make arrangements for your big day in a hassle-free way.
• With a flexible repayment tenure, education loans help students pursue their higher education. These can be availed of with minimal documentation.
• Pay for your tickets, accommodation, food and shopping while travelling with a travel loan. Such a loan can let you pay for your travels and meet a big personal life goal.
• A Personal Loan can also act as a debt consolidation loan, allowing you to combine all your existing debt and pay it off through monthly instalments.
• Another major milestone in a person's life is to refurbish their home. This can be done through a home renovation Personal Loan.

 Eligibility Criteria 

Although the eligibility criteria for Personal Loans differs from one lender to another, here are some of the common factors—

• The applicant's minimum age should be 21 years and the maximum age should not exceed 63 when the loan matures.
• The applicant should have 2-3 years' of work experience before applying for a Personal Loan.
• The minimum monthly salary of the applicant should be Rs. 15,000.
• A good credit score of 600 or more is desirable in applicants of Personal Loans.

Get the best Personal Loan in Guntur? 

With Bajaj Markets, you can get the best Personal Loan in Guntur because of the numerous benefits offered to borrowers—

• Quick application and disbursal are possible once a borrower applies for a Personal Loan online.
• A loan amount of up to Rs. 25 Lakhs can be borrowed by applicants.
• Borrowers can get unsecured Personal Loans without pledging any collateral.
• The tenures of repayment are very flexible. Borrowers can return the amount over a tenure of 1 year to 5 years.
• Personal Loan interest rates in Guntur as low as 12% per annum are applicable on Personal Loans.

Get an instant Personal Loan in Guntur 

An applicant can get an instant loan in Guntur by following these steps—

• Fill an online loan application form with personal and financial details.
• Select the amount of loan needed and the tenure over which the loan will be repaid, after choosing the offer from your preferred partner.
• All required documents must be scanned and uploaded for verification.
• The documents needed will include identity proof, residence proof, income proof, passport-sized photos and office address proof.
• Submit the application and wait for approval. Once it is approved, the Personal Loan amount will be disbursed to your bank account.

With Bajaj Markets, residents of Guntur are offered a range of Personal Loans from a number of lenders. Apply today to fulfil your personal life goals!