Low Salary Personal Loan

Low Salary Personal Loan

Features of a Low Salary Personal Loan

The salient features of an online personal loans are as follows:

1. Instant approval

The application process for a personal loan is quite simple, you can get an instant approval. Once the documents are verified, your loan will be approved within no time.

2. Immediate disbursal

On the approval of your instant personal loan application, the amount will be disbursed in your account within 24 hours.

3. Flexible repayment tenure

You can make the payment of your personal loan EMIover a flexible tenure of up to 5 years.

4. High amount

Individuals with a low salary can enjoy a personal loan of an amount up to INR 25 lakhs.

5. Unsecured loan

The loan does not require you to pledge an asset in the form of hypothecation. You can get a loan even when you do not own any asset. This makes a personal loan an ideal option if you have a low income and do not own any major assets.

6. No hidden charges

You can apply for a personal loan without worrying about any hidden charges or fees. You will be informed about the complete terms and conditions of the loan well in advance.

Documents Required for Low Salary Personal Loan

The documentation for a personal loan is basic and minimal. To apply for the loan, you need to provide below-mentioned documents:

• Identity proof - PAN, Aadhaar, Passport, Voter ID, and driving license

• Address proof

• Passport size photographs

You can use Bajaj Finserv Personal Loan at Finserv MARKETS to meet all your financial needs. You also get a flexible tenure with ease and convenience at competitive interest rates. Make a well-informed borrowing decision by considering your monthly income and repayment capacity. For a smooth loan repayment process, you can choose to repay the loan amount in easy EMIs. To calculate the number of monthly instalments you can take the help of a personal loan EMI calculator. All you need to do is enter the desired loan amount, the predetermined rate of interest and the fixed tenure of the loan. The complete personal loan application process is carried out online, hassle-free requires minimal documentation. Once your personal loan gets approved you can have your loan amount disbursed within 24 hours.