The following criteria of people who
would be Eligible for Personal loan from
Banks/NBFCs.
Personal Loan
Eligibility In Chennai:
·
Avail Personal Loan through quick and easy process
·
Get attractive interest rate on Personal Loan
·
Know your Loan Eligibility with simple steps
·
Basic Eligibility Criteria
for Personal Loan in Chennai Salaried Professionals:
·
Net Monthly Salary should be more
than Rs 20,000
·
·
Salary should be received through an Account Transfer .
No cash salary.
·
·
Should be working in Pvt Ltd or Ltd Company (Not
in partnership or proprietorship company)
· Aged between 21-60 years
Personal Loan Basic
Documents Required:
- Passport Size Photographs
- Identity proof: (passport,
voters ID, driving license or pan card).
- Address proof: (voters ID,
driving license or passport).
- Latest 3 months’ Bank
statements
- Latest 3 months’ salary
slips
Factors Deciding Personal Loan Eligibility
Lenders look for many
criteria before sanctioning any loan for its customers. Few never missed
factors are here.
·
Age Criteria: Age should be between 23 to 55 years
- Employment Stability: This is a very crucial aspect for personal loan consideration.
Unless you are salaried and employed for more than 2 years in the current
profession or if self-employed minimum 5 years of total tenure of
earnings.
- Credit Rating: Having good credit rating increases the probability of getting
loan with more flexible option on tenure, amount, EMI and interest rates.
- Financial Situation: It’s not always about the present, the past financial records will
also have a great call on deciding whether you are eligible for a personal
loan or not.
- Employer: The employer with whom the applicant is working with is the best
way to gauge the credibility of the applicant.
Here are some Basic Eligibility Criteria
for Personal Loan in Chennai and Business Loan Self-Employed Professionals:
·
Turnover more than 50 lakhs
·
Profits more than 5 lakhs
·
Age should be between 23 to 55 years
·
Should have a PAN Card
·
ITR for Latest 3 years
and Business/Company should be in existence for at least 3 years(Govt
Proff: SSi, Tin, Or Vat Registration Proof
