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Product Features
- 100% Digital Journey with minimal documentation.
- Tenure - 12 months to 48 months
- Rate of Interest - 12% to 24%
* Ticket size - 50k to 7 Lakhs (Enhanced)(Self Employed)
* Ticket size - 50k to 2 Lakhs (Only CIBIL based)
- Decision under 2 minutes.
- Only PAN Card ,Aadhaar number, and 1 current address Proof required.
- Video KYC
L&T Fees Charges (Know More)
Basic Eligiblity Criteria
- CIBIL greater than 730
- First and Last Name required.
- No.of Enquiries should be less than 2 in last 30 days.
- No.of Enquiries should be less than 4 in last 5 months
- Customer needs to process journey on his Phone ,Internet and Location.
- No Write Offs, No Suit Filled, No Restructuring, No Settlement ever.
- Only 1 Active gold loan allowed in last 6 months.
- Age 23-54
- Don't Punch cases of North East , Assam and J&K.
- CC utilisation should be less than 75%
- 0-6 months , no DPD
- Rs 50,000 Approval needs bank statement through aggregator or Net banking
- Active Tradelines for good approval - Home Loan 25L , Auto Loan 3L, Big Personal Loan 1 Lakh, CreditCard 1 Lakh.
- ₹40,000 Salary in Tier 1 city
- ₹30,000 Salary in Tier 2/3/4
- Self Employed ABB ₹50,000 in Banking.
- Salary Loan ratio 70% and Self Employed Loan ratio 30%
Documents
- Passport
- Voter ID
- Driving licence
- Rent Agreement ( INR 100 stamp paper (Older than 3 months) with utility bill.) date should be less than 60 days from current date.
- Electricity bill ( date should be less than 60 days)
- Water Bill (date should be less than 60 days)
- Mobile Bill (date should be less than 60 days)
- Municipal or Property tax receipt (current FY)
Tags
Personal Loan