Thrissur is a beautiful and major city in Kerala. It may also be a great place to start a business or settle down for a living. As a result, there are many individuals in Kerala looking for a Personal Loan in Thrissur. However, the intricacies of a Personal Loan are often complex for a layperson to understand. This article explains everything about getting a Personal Loan in Thrissur.
To be eligible for a Personal Loan in Thrissur, you will have to meet these essential criteria.
Age - You must be of a minimum age of 25. Whereas you can apply for a Personal Loan only up to 58 years of age.
Salary - The minimum salary that you have to be currently earning must be between Rs. 25,000 - Rs. 35,000. This value depends on the city you reside in.
Citizenship - The applicant should be an Indian citizen.
Profession - The applicant must be a salaried employee in an MNC, private limited company, or public limited company.
Here is a list of documents you need to submit to avail a Personal Loan in Thrissur. Ensure to keep them handy so that you can accelerate the disbursal process of your Personal Loan.
Employee ID Card
Income Proof such as salary slips of last three months, bank account statements of your salary account for the last three months
Address Proof such as utility bills, Voter ID, Driver’s License, etc.
Identity Proof such as PAN Card, Driver’s License, Aadhar Card, etc.
Usually, applying for a Personal Loan can involve plenty of time and effort to arrange for the requirements of the loan and then further processing the same. But, you can now apply for a Personal Loan in Thrissur with Bajaj Markets through a simple process.
Step 1: You have to enter your basic details such as your name and your date of birth.
Step 2: Once you fill in your basic details, you will have to fill in your PAN Card number.
Step 3: Enter the loan amount and repayment tenure as per your requirement, once you are eligible.
Step 4: Get the money in bank account, post the entry of some additional details and verification of your application.
Availing a Personal Loan in Thrissur with Bajaj Markets has several benefits. Here are some key benefits to keep in mind.
Once you enter your personal and professional details, you can get an approval in just 3 minutes.
You can pay back the EMIs between 12 and 60 months depending on your financial capacity to repay the loan.
You need not risk your collateral for the sake of a Personal Loan. You can get a Personal Loan of up to Rs. 50 Lakhs without collateral.
With Bajaj Markets, you can save up to 45% on your EMIs as you have the option to pay interest-only monthly installments.
Availing a Personal Loan can come in handy for several financial reasons. In addition, you can also check the EMI you have to pay using the Personal Loan EMI Calculator. Moreover, ensure that you are eligible for the loans and keep all of the required documents ready so that the loan is disbursed at the earliest.