Personal Loan in Indore

Personal Loan in Indore can be easily availed through Stashfin at a competitive interest rate with the loan amount ranging from ₹1000 to ₹5,00,000 for a tenure of 3 to 36 months. A Personal loan is also known as an unsecured loan where the borrowers are not required to provide any asset against the loan. It is a perfect financial solution for a salaried and self-employed individual who is in an urgent need of money for paying emergency medical bills, covering the wedding expenses; buy home appliances, travel expenses, debt consolidation loan, credit card debt, home renovation, festival shopping etc.

Indore is the largest city in the state of Madhya Pradesh. It is one of the largest commercial capital states and also considered as an education hub. Indore has been selected as one of the hundredth cities to be developed as a smart city under smart cities mission.

It is the most populated city of the state of Madhya Pradesh. It is the commercial capital of Madhya Pradesh and home to the stock exchange of Madhya Pradesh. Trade and commerce is the reason for the growth of the city.

To obtain a personal loan in Indore with ease, you must have a good credit score. A good credit score will help you to get a loan at a low interest rate. Moreover, there are other factors which you should keep in mind while applying for a loan such as your monthly income, nature of employment, meeting the minimum age requirement etc.

Features and Advantages of a Personal Loan offered by Stashfin

  • Instant personal loan from ₹1000 to ₹5,00,000
  • Flexible repayment options
  • Competitive interest rates
  • Minimal paperwork
  • 100% safe and secure process

Eligibility Criteria for Stashfin Personal Loan in Indore

  • Indian Citizenship: Proof of nationality and address is required at the time of applying for the personal loan.
  • Minimum Age Limit: An applicant must be at least 18 years old to avail a personal loan.
  • Nature of Employment: To apply for a loan, you must be salaried or self-employed professional
  • Income: Your monthly salary must exceed a minimum of ₹15,000 to avail a personal loan. The higher your income is, and more stable your job is, the greater are chances of your application being approved.
  • NetBanking Access: Since we provide instant loans using online transfers, it is imperative for the applicant to have access to net banking with their salaried bank account.
  • Good Credit History: A good credit score is an important factor in establishing creditworthiness. If your repayment ability is healthy, according to your financial profile, your chances of loan approval and provision of beneficial interest rates also increase.

Documents Required for Personal Loan in Indore

Salaried:

  • ID Proof - Pan Card
  • Address Proof - Aadhaar Card
  • Copy of cheque of salary bank account
  • 3 month salary slip and 6 month bank statement till date

Self-employed:

  • Income Tax
  • GST Returns
  • Proof of business ownership, and continuity
  • Bank statements of the past 6 months
  • Audited financials from the previous two years
  • Office address proof

Apply online for a personal loan , get instant approval and enjoy the power of instant money with the Stashfin.