Personal loan is a loan that is issued and supported by organisations for salaried customers basis their monthly income and expenditure, The eligibility is based on the monthly salaries, expenses, type of employer and job stability. These are highly flexible loans that can be used to take care of the personal needs. Typical tenure of such loans is 12-60 months.
MudraCircle has kept the eligibility requirements to the bare essentials in order to process personal loans faster.
- 1 Years of Job Experience.
- Salary to be paid in account via transfer or cheque.
We do not require too many documents or unnecessary paperwork that can hold-up the loan approval process.
- KYC- Pan card, Adhar Card.
- Six months bank statement PDF.
- Job experience – appointment letter.
- Last 3 months salary slip.
- Latest form 16 or latest ITR.