PERSONAL LOAN

PERSONAL LOAN FORM

What is Personal Loans?

Personal debt is a part of unsecured debt because no security is required against it. This is the best loan to meet your current financial needs. Personal loans are ideal for those who need credit quickly and easily with manageable interest rates and minimal documentation.

How to apply for Personal Loans?

Apply Online

Fill simple application form

We process

Your application for loan

Rates

We get the best rates for you

Approval

Loan is approved and amount credited

Advantages of Personal Loans

  • No security required
  • No tracking of its use

Minimum Requirements for Personal Loans

For Salaried

Income Proof

Income Proof specifying the income of the person buying the policy

Passport Size Photo

To have a record of the insured person’s identity for future references

For Self Employed

Income Proof

Income Proof specifying the income of the person buying the policy

Passport Size Photo

To have a record of the insured person’s identity for future references

Documents required for Personal Loans

For Salaried

ADDRESS PROOF

AGE PROOF

PAN CARD

We proceLAST 2 YEARS ITR

FORM 16

LAST 6 MONTHS BANK STATEMENT

For Self Employed

ADDRESS PROOF

AGE PROOF

PAN CARD

LAST 2 YEARS ITR

LAST 6 MONTHS BANK STATEMENT

LAST 2 YEARS PROFIT & LOSS STATEMENT

BALANCE SHEET OF LAST 2 YEARS

PROOF OF BUSINESS EXISTENCE

FREQUENTLY ASKED QUESTIONS

The best way to get a personal loan in financial emergencies can be to issue your stress. LegalRaasta provides personal loans in the easiest and convenient way.

Personal loans are like any other loan. This loan is best suited for salaried people. Like any other loan you will have to pay back your loan in monthly, fortnightly or weekly repayment for an agreement with the lender. You need a personal loan to meet your short term and long term financial needs. Then you have to evaluate your suitability for the loan where you apply for the loan, and if the approved lender will send you the funds for the loan. Repayment will include main loan amount fee and interest linking. If you make a payment as stipulated in your loan contract, the total loan will be repaid at the end of your tenure.

Offcorse No, at LegalRaasta you do not have to provide any security, collateral or guarantee to obtain a personal loan. We will give you loan on your financial basis.

The best way to pay monthly installments is through ECS. You don’t have to draw cheques every month or every fortnight. The amount that will be fixed during the implementation of ECS is automatically removed from your bank account.

The cost of Personal Loan depends on following ways:

  • How much is your salary if you are employed or how much are you earning if you are self-employed
  • How much Loan do you need
  • The tenure of the loan
  • What is your credit score of your company