Personal Loan for NRIs

A personal loan for NRIs provides a convenient and affordable financial solution with interest rates starting from 9.99% p.a. You can borrow up to ₹50 Lakhs to meet various needs, such as education, medical expenses, or home improvements. With a repayment tenure of up to 96 months, the loan ensures flexibility and manageable EMIs. Minimal documentation and quick approvals make this loan an efficient option for NRIs looking to address their financial requirements with ease

To qualify for a personal loan, the following requirements must be met:

• Applicants must be of an Indian citizenship

• They must either be salaried professionals or self-employed individuals

• The minimum age for eligibility criteria for personal loans is 18 years

• A monthly income of ₹10,000 or higher is mandatory

• Applicants need at least one year of professional work experience

• A CIBIL score of 600 or above is required for loan approval

To apply for an instant loan, ensure you have the following documents:

• A valid identity proof such as PAN card, Aadhaar card, voter ID, passport, or driving licence

• An address proof document, including options like Aadhaar card, voter ID, passport, driving licence, electricity bill, or telephone bill

• Recent bank statements or salary slips from the last three months to verify your income

• Two passport-sized photographs for documentation purposes

You can get a personal loan online for an NRI by following these simple steps:

1. Select the ‘Check Eligibility’ option to begin the process

2. Provide your personal details by completing the application form

3. Specify the loan amount and repayment tenure that best suits your financial needs

4. Submit the completed form for verification purposes

After submission, a representative will contact you to guide you through the remaining steps of the application process.