Instant Personal Loan Online

  • Posted By : reliancesmartmoney.com
  • Wednesday Jul 10, 2019

What are Personal Loans

Personal Loan is an unsecured loan taken by an individual to meet current financial needs. An individual can apply to a bank or a non-banking financial company (NBFC) for a personal loan without pledging any security or collateral. There can be multiple reasons for which one would need a Personal Loan. This amount can be used to take care of any personal financial need that – from travelling, renovating your house to setting up a business and more.

Why you may need a personal loan

Some of the most popular types of personal loans where money can be used to great effect are:

  • Personal Loan for Wedding

    Marriage Loan to manage all expenses of a family wedding. To take care of the wedding clothes, jewellery, catering, decorations, venue rent, gifts and many more expenses to be paid in a wedding

  • Personal Loan for Vacation

    Your dream vacation to a domestic or international destination can be taken care by a personal travel loan to take care of expenses for traveling to the destination, hotel stay, food expenses, shopping for souvenirs and other local expenses

  • Personal Loan for House Renovation

    To finance your home renovation project which can be just doing up the interior or restructuring the entire house

  • Personal Loan for Child's Education

    Some minor expenses of your child’s education while you have already made arrangements for the big ones, can be taken care by a personal loan; this can include and not be limited to tuition fees, fees of online learning platforms etc.

  • Personal Loan for Festival

    To celebrate all festivals in a diversified country like India, you may sometimes need additional budget over and above your planned expense. To take care of unplanned festive celebrations

  • Personal Loan for Consumer durables

    To equip your home with modern day consumer goods for a fully furnished house. To buy television, microwave, refrigerator, geyser, laptop or computer, food processor, air conditioner etc. to fulfill their day to day needs that are quite expensive

Eligibility Criteria for Personal Loans

Eligibility criteria can be different for different banks or NBFCs. Depending on where you apply for a Personal Loan the criteria may vary.
At reliancesmartmoney.com you can apply for a personal loan via Kotak Bank, HDFC Bank.

Documents required for Online Personal Loan application process are:

Documents required to apply for a Personal Loan are as follows:

  • PAN Card
  • Salary Slip (Latest)
  • Latest Bank Statement with Salary Credit
  • Photograph
  • Address Proof – Utility Bill, Passport, Voter ID, Driving License, Aadhaar Card
  • Employee Badge

Related Articles

Load More

Invest in our products customised for your needs.