Loanfasttrack personal loan email id

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Loanfasttrack how to get a personal loan in 5 easy steps in Thane, Mumbai, Navi Mumbai

What is Personal Loan ?

It Is A Loan That Establishes Consumer Credit That Is Granted For Personal Use, Usually Unsecured And Based On The Borrower's Integrity And Ability To Pay.

Personal Loans Typically Dont Require Any Guarantor Or Security. It Requires Only Minimal Documentation And Is Available For Both Salaried And Self Employed.

Way toward personal loan in Thane, Mumbai, Navi Mumbai

Tenure and EMIs

Minimum 1 year — maximum 5 Years. If it is a shorter duration loan; the EMIs will be higher and vice versa.

Late Payment Penalties

If there is a delay in paying off the monthly EMIs, banks will levy a late payment fee with the EMI. It usually is in the range 2—3 percent.


Personal Loan Documentation

Salaried Employees

Self Employed/Professionals

1 Age Proof (PAN Card, Passport, Any other Certificate from Statutory Authority) Age Proof (PAN Card, Passport, Any other Certificate from Statutory Authority)
2 Residence Proof (Passport, Driving License, Telephone Bill, Ration Card, Election Card, Any other Certificate from Statutory Authority) Residence Proof (Passport, Driving License, Telephone Bill, Ration Card, Election Card, Any other Certificate from Statutory Authority)
3 Latest Salary-slips for 4 months Certificate & Proof of business existence along with Business Profile
4 Form 16 for last 2 years Last 3 years Income Tax returns (self and business) with Profit & Loss Account & Balance Sheets duly certified/audited by a Chartered Accountant
5 Processing Fee Cheque in favour of bank. Last 12 months Bank Account Statements (self & business)

Personal Loan Eligibility Criteria

  1. Age: Should be minimum 21 years and maximum 58-60 years
  2. Income: Minimum Net income of INR. 15,000/- to 20,000/- per month
  3. Work Experience: Overall 3 years of work experience with a minimum of one month experience in the current organization
  1. Age: Minimum age of 23 or 25 years with a maximum age of 65 years
  2. Income: Minimum income of INR 2-2.5 Lakh per annum
  3. Work Experience: Minimum of 3 years experience in the same business

Why Choose Loanfasttrack ?

Loanfasttrack is a free service provider. To secure your dream house, Loanfasttrack has a dedicated professional team which helps you to arrive at a smarter decision evaluating the attractive offers and best discounts from multiple banks.