Overview
Want a Personal Loan for attending to multifarious needs? With Loan Mitra's Personal Loan, you can get the funds you need for any purpose – Home Renovation, Family Vacation, Upcoming Marriage & more; at attractive interest rates and with several benefits. We aim at being a one stop Personal Loan Provider with the fastest turnaround time and the most hassle-free process.
Features And Benefits
The key features and benefits of our Personal Loan for Salaried Professionals are as follows
Loans up to Rs. 50 lakhs
Loan Mitra offers one of the highest personal loan amount up to Rs. 50 lakhs which can be repaid at your convenience by selecting tenure ranging in between 12 months to 36 months.
No Collateral Required
We do not ask for any security or collateral when it comes to approving your personal loan.
Attractive Interest Rates
Loan Mitra strives to offer the attractive interest rates to customers which help to lower the monthly burden on their pocket.
Flexible Repayment Options
Loan Mitra offers flexible repayment options which you can choose as per your convenience so that repayment does not become a burden.
Minimal Paperwork/Documentation
Minimal documents are required, which needs to be provided online
Higher Loan Eligibility for Applicants
Loan Mitra seeks to offer higher loan eligibility in order to help personal loan applicants get their desired amounts approved and sanctioned without any unnecessary delays.
Get funds within 2 working days
You can expect to have your loan amount disbursed within just 2 working days post the completion of the verification procedure. This ensures quick funding to meet your needs without having to go through a lengthy and cumbersome procedure.
Swift Online Application Process
With Loan Mitra's unique digital lending platform, you can easily apply for Personal Loan online by clicking here. The online application process is fast and hassle-free. It will barely take up a few minutes of your time!
Eligibility And Documents
Eligibility For Personal Loan
- Salaried professional aged between 21-45 years
- Minimum Net Monthly Salary of Rs. 25,000 and above
Documents Required
The documents required include the following
Application form with 2 photographs
KYC Documents:
- Address Proof (Passport/Aadhar Card/Electricity Bill/Registered Rent Agreement) and Copy of PAN Card
- Income Proof- 3 Months' Salary Slips & IT Returns for Last 2 Years for Salaried Professionals/Form 16
- Bank Statements for last 6 months of main operational/salary bank account
- Details of all existing loans including Sanction Letters and Loan Account Statements for the last 1 year
- Educational Qualification/Degree Certificates
Based upon the requirement, applicants may be required to provide other documents at any stage of the application procedure.
How To Apply
You can now apply for Personal Loan through the following steps:
- Click here to apply online
- Scan and upload documents online
- Verification & assessment
- Get Fund Disbursement in 2 working Days
Contact Us
In case you have any query or need any kind of assistance, please call us on (+91) 9881902174 or email us at info@loan-mitra.com. We would be delighted to answer any questions that you may have.By logging onto loan-mitra.com, you can save both time and money, while simultaneously getting the latest information on the financial products you seek.
Faqs
A Personal Loan is a specialized unsecured funding solution offered by Loan Mitra for taking care of multifarious requirements. Loans are offered at really competitive interest rates for salaried personnel with several benefits.
You can get Personal Loan max up to Rs. 50 lakhs.
There are several flexible repayment options that you can choose as per your convenience.
There are no pre-payment penalties* that you have to incur.
No. At Loan Mitra, we provide Personal Loans without taking any collateral security so you do not have to put up the same whatsoever.
We disburse funding for Personal Loans within 2 working days post verification.
You have to be between 21-45 years of age and a salaried professional with a net monthly salary/income of Rs. 25,000 (minimum) and above.
You have to provide the following documents-
- Income Proof- 3 Months' Salary Slips & IT Returns for Last 2 Years for Salaried Professionals/Form 16
- Bank Statements of last 6 months for main operational/salary bank account
- KYC Documents- Address Proof (Passport/Aadhar Card/Electricity Bill/Registered Rent Agreement) and Copy of PAN Card
- Details of all existing loans including Sanction Letters and Loan Account Statements for the last 1 year
- Educational Qualification/Degree Certificates