About Personal Loan

A personal loan refers to money that is borrowed from a financial companies, for personal (not professional or business) use. In opposition to large and long-term loans, personal loans are taken for shorter period of time. Generally personal loans are taken to fulfill short term .This type of loan is used by many to resolve their current financial needs. The Rate of Interest of personal loan can be anywhere between 11.29% to 35%.

Why Choose Financerz To Apply For Personal Loans?

Financerz is going to be Navi mumbai’s fastest growing financial distributors. With experience in the loans industry, we strive to help our customers get the best offers and deals on instant personal loans.

Banks offer personal loans to customers who fulfill their designed eligibility. The eligibility :

    Particulars Salaried Borrowers Self-Employed Borrowers
    Age 21 years to 60 years 23 years to 60 years
    Income Rs. 15,000 (Rs. 20,000 in metros) Turnover of minimum Rs. 24,00,000 (differs for professional and non-professional
    Minimum Loan Amount Approved Rs. 75,000 Rs. 75,000 to Rs. 3,00,000
    Maximum Loan Amount Approved Rs. 15,00,000 Rs. 15,00,000 to 20,00,000
    Loan Tenure 12-72 months 12-48 months