Personal loan is a type of unsecured loan offered by various banks and NBFCs in India. People take a personal loan to fulfill their various personal and professional needs. A tenure for personal loan ranges from 5 to 7 years where as the interest rate starts from 10.99%. The approval and disbursal of personal is a very quick process. Many lenders approve a personal loan within 48 working hours* after submitting the documents.
The documents required to submit for your personal loan application are very minimum as it does not require any collateral. Here is a list of documents you will require to submit to get a quick personal loan.