You’ll be surprised at the number of people who choose to take out a personal loan in Kolkata! And why not, it is the easiest way to borrow money when faced with unexpected expenses. And guess what! You don’t need a top-notch credit history, a good CIBIL score or any collateral security. In fact, a personal loan can be acquired with nothing more than a signature.
What is a personal loan?
A personal loan can be availed by a professional, salaried or self-employed individual from a bank or financial establishment. The funding comes with a set monthly installment for repayment of debt at an agreed rate of interest. Personal loans are typically unsecured in nature and hence come with a higher rate of interest to counterbalance the risk involved.
The amount of personal loan that can be availed varies. However, most lenders offer a minimum principal amount of Rs.30, 000. In terms of duration, a personal loan in Kolkata can be taken out for a span of 1 to 5 years.
Use of personal Loan in Kolkata:
A personal loan comes handy if you want quick money for home renovation, consumer durables, higher education, a medical emergency, a luxurious overseas vacation, a child’s wedding and much more. Also, the loan is a viable option for debt consolidation and making minimum payments if stuck with large balances on multiple credit cards.
Eligibility Criteria for Personal Loan in Kolkata:
- Indian Resident
- Must be above 21 years
- Valid identity proof
- Valid bank account
- Regular source of income
- Good credit score
- PAN Card
- Address proof
- Bank statements for the last 3 months
- Salary pay slips of the last 3 months
Antworks Money is the best choice for taking out a personal loan in Kolkata. An undeniable frontrunner in the Peer-to-Peer industry (P2P), we make the process of personal loan acquisition a breeze with minimum documentation. Armed with innovative technology and algorithms, we provide accessibility to a variety of options from leading banks and NBFCs for an easy comparison of applicable interest rates to help shortlist an offering that best meets your profile. Not to mention we are renowned for transparency, customer satisfaction and executing seamless financial operations that exceed expectations.
If you are looking for a personal loan in Kolkata register with us today! Our friendly staff at Antworks Money will readily assist you every step of the way!