Personal Loan > Personal Loan in Coimbatore
We at rupeezone are online financial resource for the people looking for personal loan in Coimbatore with best interest rates and flexible EMI options over the specified period of time. With the innumerous online lenders getting the personal loan becomes easy. So choosing the right personal loan product to meet your personal goals can be a quite difficult one and we are assisting people who are finding it difficult to get the personal loan at a decent rate.
Personal is best option, when you need a helping hand in managing your personal finance. Personal loan can be used to cover variety of personal needs for medical emergencies, family vacation and debt consolidation, much more. As it is an unsecured loan, it does not need any collateral like home, car as asset in getting the loan approved.
Personal loan interest rates in Coimbatore:
Interest rates 11.49% to 20%
Loan processing charges: Up to 2.5% of the loan amount, Minimum of Rs.1000
Personal loan factors
If you are using any credit cards, you need to avail less than 30 percentage of total credit available which is ideal for lenders. You are managing credit cards well and paying bills on time, chances are high for getting good interest rate for your personal loan. If people work for multinational companies then banks give them personal loan with best interest rate as the risk factor is less for banks. If you are working on company which is started recently and not famous then rate of interest go up for personal loan as banks look in to stability of company how long they have been?
Personal loan benefits
Personal loan can be used for any purposes and to get out of your financial Problems & difficulties.
Flexible EMI options: 12 to 60 months
Personal loan interest rate fixed
Though the interest rate varying from person to person based on your profile, credit score and other factors, Interest remain fixed during tenure of loan
Competitive interest rate
No Collateral required
Eligibility criterias for personal loan salaried people:
Personal loan eligibility
Age limit 21 to 60 years
Minimum net take home after all deductions Rs: 15000
Total work experience 3 years and above
Current work experience with the organization: Six months and above
Documents needed for personal loan:
Identity proof: Driving license, Voter’s Id, Passport
Address proof: Passport, Ration Card, Utility Bill
Bank statement for last 3months
Last three months pay slip
Eligibility for self employed people:
Age criteria: Minimum 25 to 60 years
Personal loan interest rate for the self employed people varies from 11.99 to 20%
Documents required for personal loan
Date of birth proof:
Income proof for the last two years
Last six months bank statements
Business continuity proof
Profit and loss statement
If you have any queries regarding personal loan in Coimbatore, get in touch with us.