Contact us

Personal Loan

Personal Loan:

Our Personal Loan provides quick, collateral-free financial assistance for a variety of needs, including medical emergencies, weddings, travel, or home renovations. With loans up to ₹75 Lakhs, competitive interest rates, and flexible repayment options, we ensure a hassle-free borrowing experience. The approval process is fast and requires minimal documentation, giving you the financial freedom to meet your goals.

Key Features:

  1. Flexibility of use:
    A Personal Loan can be used for financing a wedding, travel, education, medical expenses; purchase jewelry, electronic gadgets, etc. It’s an easy way for you to get out of the cash troubles that you face. 
  1. Quick Disbursal:
    The time for disbursal depends on the BANK or NBFC but it’s generally within 24 hours to 72 hours depending on the Bank of NBFC once all the required documents are submitted.
  1. Fewer Documents: 
    Only a limited number of documents are required. KYC & Income Documents.
  1. Flexible tenure: 
  2. Avail a Flexible repayment tenure as per your convenience from 12 Months to 72 Months.
  1. Collateral Free: 
    You will not need Collateral to avail a Personal Loan.
  1. Attractive Interest Rates:
    Personal loans come with attractive interest rates and fixed EMI
  1. Part payment & Prepayment:
    Pay a lump sum of your idle amount towards the Outstanding Principal to reduce the EMI or Tenure. And also avail the option of repaying the entire outstanding before the actual EMI end date.
  1. Balance Transfer:
  2. Transfer your Personal Loan from your existing Bank or NBFC to another with better interest rate at minimal cost.
  1. Over Draft Facility :
    You will be given a pre-sanctioned limit that lets you withdraw and repay funds as per your convenience. The best part is that you need to pay interest only on the amount utilized

Frequently Asked Questions:

You need to be a salaried individual working for a company to avail a personal loan. It also depends on the company a person is employed with,  his/her credit history and other factors as per the Policy of the Bank/NBFC.

The minimum Loan amount is 50,000/- and the maximum is 60 Lacs subject to the eligibility and criteria prescribed by the Bank/NBFC.

Interest rates are fixed in Personal Loans. Your EMI amount remains fixed therefore every month during the loan tenure, you will pay the exact same amount as EMI.

Personal loans usually have no tax benefits,

The part payment charges usually ranges between 1% to 2%   & Pre closure charges between 2% to 5%  of the principal outstanding; however, some banks offer Nil Charges on Part Payment and Preclosure on Loan Amount above 10Lacs after 12 Months of EMI payment.

Get in Touch

Facebook-square Instagram Youtube

Useful Links

Our Products

Get In Touch

Copyright © 2024 @Dial4Lonz, All Rights Reserved.

Design and Developed by Galaxy Tech Solutions