top of page

Personal Loan

A personal loan is a collateral-free loan, that you do not have to provide any asset as security to the bank/NFBC. The loan amount is quickly dispersed within 48 hours of loan approval. Interest rate starts at 10.99%, which is much cheaper than other unsecured loans like credit cards, where rates can be as high as 36%. The tenure is flexible, between 1 year and 5 years. The loan application process is completely online and there is only minimal paperwork involved.

Building Better
Financial Future

The ultimate goal of saving is to reach financial independence

 

 

 

ELIGIBILITY PARAMETERS

Business Loans up to ₹ 2 Crore

Fast Business Loan Processing

Fast Turnaround Time

No collateral required

Flexible Repayments

Extended Loan Tenure

SELF - EMPLOYED

CRITERIA

Age

25 - 65

Annual Income

Rs. 1 Lac P.A

Annual Turnover

Years In Business

Rs. 1 cr

1 Yr

  • Proprietorship company
    Passport size coloured photograph ( applicant and co-applicant ) Photo Identity Proof ( applicant and co-applicant ) Pan Card* Adhaar Card* Passport Driving License Voter ID Applicant Residence Address Proof & Office Address Proof: Any one from the following Latest 2 months Landline telephone bills Latest 2 months Post paid Mobile bills Gas bill with bond Banker’s verification/ Passbook with stamp on photograph along with applicant’s signature Valid rental agreement & latest agreement bill Property ownership proof: Any one from the following Property Documents Electricity Bill Water Bill Tax paid receipt Water Bill Tax paid receipt Business Existence proof: Vat Registration license Or Service Tax Registration License + GST Registration Certificate. ( Minimum should be 3 years). GST Monthly 3B Returns ( Latest 6 months or 1 year to till date) Income Proof: ( IT returns complete set of latest 2 years along with 3CB & 3CD) Bank statement: All savings banks statements of the applicant (6 months - till date) Company All current a/c’s bank’s statements (6 months - till date, C C A/C, OD A/C) C C A/C & OD A/C sanction letter DETAILS OF ALL EXISTING LOANS: Please submit sanction letter, Payment Track Record.
  • Partnership Company
    Passport size coloured photograph ( applicant and co-applicant ) Photo Identity Proof ( applicant and co-applicant ) Pan Card* Adhaar Card* Passport Driving License Voter ID Company Pan Card Partnership Deed Residence and Office Address Proof: Any One from the following ; Latest 2 months Landline Telephone bill Latest 2 months Post Paid Mobile Bills Gas Bill with Bond Banker’s Verification/ Passbook with stamp on photograph along with applicant’s signature Valid rental agreement and latest electricity bill Property Ownership Proof: Any One from the following: Property Documents Electricity Bill Water Bill Property Tax paid receipt Business Existence Proof: Vat Registration License or service Tax Registration License + GST Registration Certificate. ( Minimum should be 3 years old) GST Monthly 3B Returns. ( Latest 6 months or 1 years to till date ) Income Proof: ( IT returns complete set latest 2 years along with 3CB & 3CD with Audit Report.) Bank Statement: All savings banks statements of the applicants ( 6 months - till date) Company All current a/c’s bank’s statements ( 6 months - till date, C C A/C, OD A/C.) C C A/C, OD A/C: sanction letter DETAILS OF ALL EXISTING LOANS: Please submit sanction letter, Payment Track Record.
  • Private limited company
    Passport size coloured photograph ( applicant and co-applicant ) Photo Identity Proof of all directors: Any two from following: PAN Card* AADHAR Card* Passport Driving License Voter ID Company PAN Card. Incorporation certificate with MOA & AOA. Latest form 20B and share holding patterns. Applicant Residence Address Proof & Office Address Proof: Any One from the following; Latest 2 months Landline telephone bill Latest 2 months Post Paid Mobile Bills. Gas Bill with Bond Banker’s Verification/ Passbook with stamp on photograph along with applicant’s signature. Valid rental agreements and latest electricity bill Property Ownership proof of all directors: Any one from the following: Property Documents Electricity Bill Water Bill Property Tax paid receipt Business Existence Proof: VAT Registration license Or Service Tax Registration License + GST Registration Certificate. ( Minimum should be 3 years old ) GST Monthly 3B returns. ( Latest 6 months or 1 year to till date) Income Proof : Company IT returns & individual ITR of all directors, complete set of latest 2 years along with 3CA & 3CB and Annexure ‘A’ schedules required Bank statement: All savings banks statements of the applicants ( 6 months - till date) Company all current a/c’s bank’s statements ( 6 months - till date, C C A/C, OD A/C) C C A/C, OD A/C sanction letter DETAILS OF ALL EXISTING LOANS: Please submit sanction letter, Payment Track Record. Visiting card.

INTERESTED IN LEARNING MORE?

Enter your email below to learn more

Thanks for submitting!

bottom of page