Bangalore is one of the most happening metropolitan cities in India. It is considered to be the biggest IT hub of the country emerged since the earlier days of the IT industry in India. People from all corners of the country come here in search of jobs and hence it boasts a cosmopolitan population. In case you are a part of that and need a Short Term Personal Loan in Bangalore then you must know the following.
• You must be a resident Indian citizen.
• You must be aged between 23 years to 65 years.
• You must be either a salaried or, a self-employed individual.
• A minimum CIBIL score of 650
• Government recognised address proofcard.
• Government recognised identity proof
• Government recognised age proof
• Recent passport-sized photographs
• The last 3 month’s bank statement
• The minimum eligible salary is 45K per month.
• 1 year of work experience with proof of at least 6 months completed under your current employer is required.
• The last 6 month’s salary slips.
• The annual turnover is required.
• The audited copies of yearly balance sheets and annual profit statements after-tax are required.
• A processing fee of 2% of the total loan amount is applicable.
• You need to pay at least 3 to 6 EMIs before you apply for a loan foreclosure.
Hope this helps you to get a smooth Short Term Personal Loan In Bangalore .
