Indicative List of Documents Required for Loan processing
- Proof of Identity (Passport / Voters ID card/ Driving License/PAN Card)
- Address Proof (Ration card Tel/ Electricity Bill/ Lease agreement/ Passport)
- Copy of PAN Card.
- Latest Passport size photo of the applicant (2 copies)
Also, does Federal Bank provide personal loan?
Federal Bank
| Federal Bank Personal Loan Highlights | |
|---|---|
| Interest rate | 10.49% p.a. onwards |
| Loan Amount | Up to Rs. 25 lakh |
| Loan Tenure | Up to 72 months |
| Salary | Expected Personal Loan Amount |
|---|---|
| Rs. 40,000 | Rs. 10.80 lakhs |
| Rs. 50,000 | Rs. 13.50 lakhs |
| Rs. 60,000 | Rs. 16.20 lakhs |
Besides, how can I get a 50000 instant loan?
Borrowers can avail an instant loan of Rs. 50,000 via the SimplyCash personal loan app. If you fall correctly in the eligibility criteria and own the right set of documents, an instant loan of Rs. 50,000 is approved and disbursed within 24 hours.
Which bank gives personal loan easily?
Money in bank within 24 hours*
Bajaj Finserv offers the fastest personal loans in India – with disbursal in just 24 hours* of your loan getting approved.
What is the minimum salary to get personal loan?
Although, individuals with minimum monthly income of Rs. 25,000 are preferred more by the banks. And for self- employed individuals, a gross annual income of minimum Rs. 5 lakh is usually needed to qualify for a personal loan.
How can I pay my federal bank loan?
How it works
- Enter your Loan Account Number or Savings Account Number in the column provided. You will receive an OTP to your registered mobile number.
- Click on ‘Pay Rs….’ And you will be guided to the available options – Net Banking, Debit Card, UPI.
- Select the option and complete the payment.
How can I get instant loan from federal bank?
Documents Required
- Proof of Identity (Passport / Voters ID card/ Driving License/PAN Card)
- Recent Passport size photograph.
- Address Proof (Ration card Tel/ Electricity Bill/ Lease agreement/ Passport/Trade license /Sales Tax certificate)
How do I qualify for a personal loan?
Individuals who can take a Personal Loan:
- Salaried Employees. Salaried doctors. Employees of public and private limited companies. …
- Minimum age of 21 years.
- Maximum age of 60 years at the time of maturity of the Personal Loan.
- Minimum net monthly income – Rs. 15,000.
Which type of loan is cheapest?
To know
| Car Loan Lender | Interest Rate (in per annum) |
|---|---|
| ICICI Bank | 9.30% – 12.85% |
| HDFC Bank | 7.70% – 13.55% |
| Bank of India | 7.35% – 7.95% |
| IDBI Bank | 8.10% – 8.70% |
How much personal loan can I get if my salary is 15000?
HDB Financial Services offers personal loans of up to Rs. 20 lakh to individuals who earn a minimum income of Rs. 15,000.
How much loan I can get if my salary is 25000?
Most lenders determine the maximum loan amount up to 10 times of your monthly salary. If you earn Rs. 25,000 per month, you may become eligible for up to Rs. 2.5 Lakhs.
How can I get a 20000 instant loan?
How To Apply For Personal Loan With Salary Less Than Rs.
- Share your phone number.
- Enter your email id.
- Specify your personal loan amount.
- Check the ‘I authorize’ tick-box.
- Click on ‘Apply Now’.
- Have our customer care representative get in touch with your offer details.
How much are payments on a 50000 loan?
15 Year $50,000 Mortgage Loan
| Loan Amount | 2.50% | 5.50% |
|---|---|---|
| $50,000 | $333.39 | $408.54 |
| $50,050 | $333.73 | $408.95 |
| $50,100 | $334.06 | $409.36 |
| $50,150 | $334.39 | $409.77 |
Can I get a personal loan for 50000?
If you want to qualify for a personal loan of $50,000, your credit score should be 650 or higher. … If you have excellent credit, you have nothing to worry about. Get started by inserting your $50,000 loan amount and credit score into Credible’s tools to see rates from 4.99% fixed APR.