Apply for instant Personal Loan in Chennai

Welcome to Chennai, the capital of Tamil Nadu and the ancient place with civilisation, where the Bay of Bengal made it a hub of business in ancient times, and still, it is the biggest place for export and import that makes this city prominent. There are many opportunities for the students as it is the hub for science, art, commerce, technology, sports, and all. With the establishment of multiple industries and chances for small startups, it is also one of the best places for professionals and those willing to start their careers in different industries. Considering the funds requirements for the household EverydayloanIndia is there in your city with a personal loan in Chennai which is beneficial for your financial planning.

You can get it at any time for different household needs like to accomplish shopping, travelling, bill payment of credit card, school fees, etc. Since the loan process is accomplished with less consumption time, you can apply for a loan and get the disbursal shortly without wasting your time. So, the entire process of the instant personal loan in Chennai is extremely easy with the association of the advanced lending mechanism. Let’s solve your cash crunch right now.

Eligibility Criteria for Quick Loan in Chennai

The eligibility criteria for a personal loan are almost similar for the salaried person and self-employed where a salaried person must have a salary slip, bank statement, Aadhar card, PAN, address proof and other required documents. Apart from these, the self-employed must have an ITR, business record, and ID proof for the residence. The applicant must be above 22 years old and up to 65 years old. The applicant must be a resident of India. Therefore, if you have an ideal credit score and income, you are eligible to apply for a quick personal loan in Chennai.

Eligibility criteria for personal loan
Age The age of the customer must be more than 22 years old, and the maximum age should be 65 years old.
Citizenship The Applicant must be a citizen of India
Work experience. More than one year of work experience with the current employers
Types of Employment Anyone associated with a government organization, PSU, Private Limited company, or self-employed with a valid ITR.
Income Per month For the metro city is at least 25000/month

Documents required for Personal Loan in Chennai

If you want to apply for an emergency personal loan in Chennai, you need to be ready with all the valid documents so that your loan can be approved and disbursed shortly by our executives. The common documents for a personal loan are an Aadhar card, PAN, salary slip, bank statement, address proof like a rent agreement, utility bills, ITR, Business record, and address for business, especially when you are self-employed and willing to get the cash loan for multiple reasons like to pay your pending bill, shopping, travelling and many more. You must have these documents while applying for a personal loan.

• PAN Card / Aadhaar Card/ Driver’s license

• Recent passport-sized photographs.

• The last 6 month’s salary slips.

In case you are a salaried professional

As per the preference of lending, salaried persons are preferred, especially for unsecured loans and our digital lending services make it easy for you to approve and disburse your personal loan. You must have valid documents like an Aadhar card, PAN, Salary slip and bank statement for three months, and address proof like a rent agreement, electricity bills and all. These are the documents that help you get the personal loan in a few hours because once you apply for a quick loan with all the valid documents, it becomes easy for our executive to verify and disburse your loan easily.

• The minimum eligible salary is 30K per month.

• 1 year of work experience with proof of at least 6 months completed under your current employer is required.

• The last 3 month’s salary slips.

In case you are a businessman or, a self-employed individual

If you are self-employed and you have your own business, you can easily apply for a personal loan where you must have all the valid documents like ITR, Business records, valid address proof like Aadhar card, PAN, electricity bills, etc. For self-employed ITR and business records are mandatory because they help us verify and approve your loan in a few hours. However, there are certain terms and conditions, and you must agree with them to get a hassle-free personal loan. If you already have all these documents and want to apply for an instant loan in Chennai , apply now.

Fees and rates applicable for an instant personal loan

For the instant personal loan , processing fees and interest are applied and as per your loan amount the processing fees and interest are applied. However, it can be negotiable as per the credit score. While approving your instant personal loan, our executive reveals all the fees and there are no hidden charges at all on the personal loan. Since the processing fees are applicable at the time of disbursement, they must be paid before the disbursal and the interest is to be paid with the repayment amount of the short-term loan .

Benefits to apply Personal Loan In Chennai

Getting a personal loan is beneficial from different perspectives because the personal loan is not confined to any specific reason or purpose and you can apply for a personal loan for travelling, home renovation, shopping, credit card bill payments and many more reasons. It is easy to apply with minimal documentation, fast approval and disbursal, competitive rate of interest and easy repayment. Therefore, if you are willing to get instant financial support for your household needs apply personal loan in Chennai and get the loan amount in a couple of minutes.

  • No Collateral: You don’t have to keep any collateral for the unsecured loan because it is approved as per your credit score and income.
  • Instant Approval: The Personal loan is approved and distributed shortly, especially when you fulfil all the requirements.
  • Online Application:You can feel the freedom of online application from anywhere at any time.
  • Minimal Documentation: All the documents required can be submitted in soft copy only.
  • Easy Repayment: The closure of a loan or repayment is easy so that you can pay the loan amount without any obstruction.
  • Boost Credit Score: your borrowing always boost your credit score that helps you get the financial support easily in the future.
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  • Frequently Asked Questions

    How to apply for a personal loan?

    You can directly apply for a personal loan through your mobile from our Apply Now page.

    Documents required for a personal loan include Aadhar card, PAN, Salary slip, bank statement, utility bills, etc.

    Yes, you can apply for a personal loan with your ITR and business record.

    Anyone with a sufficient salary and credit score, aged between 22 to 65 years old can apply for a personal loan.

    It is disbursed in a couple of minutes and therefore you can get the instant loan shortly.