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Explore our wide range of Personal Loan Options designed to fit your unique requirements.
Delhi, a Union Territory of India and National Capital Territory and city, encloses New Delhi the capital of India. With the second-highest GDP per capita in India after Goa, Delhi has the second highest number of millionaires and billionaires in India. This ancient 'City of Indra' earlier known as 'Indraprastha' has developed into the largest commercial centre of North India. Information Technology, telecommunications, hotels, banking, media and tourism, construction, power, and health industries employ a majority of the workforce in Delhi. Delhi Metro, the tenth largest metro system in terms of length transports millions of passengers every day.
Living and working in Delhi, there may be times when you may require comprehensive fiscal guidance to see you through a desperate financial condition. Crunch expenditure, a medical and wellbeing expense, or a crisis travel overhead could have you worried. Such spells of hardships can be tackled with the support of a RULOANS Personal Loan in Delhi on practical terms. We at RULOANS are here to guide you in your times of stress at no extra cost.
Available as a loan that requires no collateral, you can avail a personal loan easily on the basis of your income. A personal loan has many end uses, some of which are listed below.
An emergency personal loan to finance sudden and unforeseen expenses
A personal travel loan that covers expenses while on vacation or a holiday
Meet marriage related expenses with a personal wedding loan for a special occasion
Pursue higher studies with a personal education loan to cover your expenses
Pay off old debts and reduce interest payments with a personal debt consolidation loan
Pay off old debts and reduce interest payments with a personal debt consolidation loan
A personal home renovation loan to upgrade and improve your residence
The term Loan Eligibility in broad terms refers to your ability or capacity to avail a personal loan from a Bank or a NBFC. Lenders use Eligibility Criteria as a benchmark to decide the quantum of funds to be lent on the basis of your financial credentials such as your income, other obligations, additional source of income, etc., subject to your age, which decides your personal loan tenure. Income and age are not the only criteria for determining loan eligibility. Combinations of other factors such as your employment, your CIBIL score, etc., are also used to determine personal loan eligibility. Eligibility Criteria required are as listed below.
Your age becomes an important criterion as a measure of your ability to repay a Personal Loan. As a rule, you will not be denied a personal loan should you be a person aged between 21 to 60 years.
Should you be a salaried individual, you are eligible for a personal loan.
Your term or period of employment becomes a measure of your reliability to repay a loan in time. A Personal loan for salaried employees dictates that you must be working for an MNC, or a Private, or Public Limited Company, with a minimum work experience of 2 to 3 years.
The minimum salary or income required for a personal loan for eligibility differs from lender to lender. You as a salaried person should have a minimum salary of Rs. 15,000 per month.
Lenders assess your creditworthiness or ability to repay a personal loan by accessing your credit score, which derives from your credit history in your credit report. Your credit score affects the loan amount, period of credit, interest rate, and terms that you are offered. Your Credit Score (CIBIL) should be above 650.
We at Ruloans are committed to making your borrowing process smooth. Documents required for a personal loan are minimal. We request you to submit correct information and papers so that your personal loan application can be processed in the shortest possible time. Documents required are as listed below.
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Step 1
Online Application
2
Step 2 : Apply
Click On Apply Now
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Step 3: Fill
Fill In Personal And Financial Details
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Step 4: Submit
Submit Application
Bank Name
Interest Rate
Processing Fees
HDFC Bank
10.8%
5899
ICICI Bank
11.10%
4999
Axis Bank
11.25%
0.75
Yes Bank
12%
4999
Kotak bank
10.99%
4999
Tata Capital
11.25%
0.75
IDFC bank
10.99%
1
Incred
16%
2
Fullerton
16%
1
ABFL
14%
1
Hero
14%
1.50
Finnable
18%
1
Paysense
18%
1
Bajaj
13%
1
L&T
13%
2
Bhandhan Bank
13%
1
Fibe
15%
3
Prefer
15%
2.5
Most banks and lending institutions offer Personal Loan Interest Rates to a loan applicant after weighing factors such as his credit score, monthly income, occupation profile, etc. Hence, personal loan interest rates offered by as many lenders as possible, based on the credit scores and other aspects of your credit profile. Consider the following to avail a personal loan at the lowest interest rate available.