IndiaLends Personal Loan: Are you in need of financial assistance? Do you want to apply for a personal loan in India? Then, you might want to consider IndiaLends. In this article, we’ll take a closer look at IndiaLends personal loan, its features, benefits, eligibility criteria, and how to apply for it.
Table of Contents
- What is IndiaLends Personal Loan?
- Features of IndiaLends Personal Loan
- Benefits of IndiaLends Personal Loan
- Eligibility Criteria for IndiaLends Personal Loan
- Documents Required for IndiaLends Personal Loan
- How to Apply for IndiaLends Personal Loan
- IndiaLends Personal Loan EMI Calculator
- IndiaLends Personal Loan Customer Care
- Frequently Asked Questions (FAQs)
What is IndiaLends Personal Loan?
IndiaLends is a leading digital lending and borrowing marketplace that offers personal loans to individuals. It provides a wide range of financial products and services, including personal loans, credit cards, home loans, and insurance. IndiaLends personal loan is an unsecured loan, which means that you don’t need to provide any collateral to get the loan.
Features of IndiaLends Personal Loan
Here are some of the key features of IndiaLends personal loan:
High Loan Amount
IndiaLends offers personal loans ranging from Rs. 1,000 to Rs. 50 lakhs. The loan amount depends on various factors, such as your credit score, income, employment history, and repayment capacity.
Flexible Repayment Tenure
IndiaLends personal loan comes with a flexible repayment tenure of 3 months to 5 years. You can choose the repayment tenure based on your convenience and repayment capacity.
Competitive Interest Rates
IndiaLends offers competitive interest rates on personal loans, starting from 10.75% p.a. The interest rate depends on various factors, such as your credit score, income, employment history, and repayment capacity.
Quick Disbursal
IndiaLends personal loan offers quick disbursal of funds, usually within 2-4 days of loan approval.
Benefits of IndiaLends Personal Loan
Here are some of the benefits of IndiaLends personal loan:
No Collateral Required
IndiaLends personal loan is an unsecured loan, which means that you don’t need to provide any collateral to get the loan. This makes it easier for individuals who don’t have any assets to get a loan.
Minimal Documentation
IndiaLends personal loan requires minimal documentation, which makes the loan application process faster and hassle-free.
Flexible Repayment Options
IndiaLends personal loan offers flexible repayment options, which means that you can choose the repayment tenure and EMI amount based on your convenience and repayment capacity.
High Loan Amount
IndiaLends offers personal loans ranging from Rs. 1,000 to Rs. 50 lakhs, which makes it easier for individuals to meet their financial needs.
Eligibility Criteria for IndiaLends Personal Loan
To be eligible for IndiaLends personal loan, you need to meet the following criteria:
- You should be an Indian citizen
- You should be at least 21 years old
- You should have a minimum monthly income of Rs. 15,000
- You should have a good credit score (preferably 750 or above)
Documents Required for IndiaLends Personal Loan
Here are the documents required to apply for IndiaLends personal loan:
- ID Proof (PAN card, Aadhaar card, Passport, Voter ID)
- Address Proof (Aadhaar card, Passport, Utility bill)
- Income Proof (Salary slips, Bank statements, Form 16)