Live Your Dreams with a Personal Loan
With 24×7 Achha Hoga Financial Advisory Pvt. Ltd., achieve your dreams effortlessly! Our flexible personal loans provide the financial boost you need for any milestone or daily needs. Trust us to support your journey—apply today and turn your goals into reality!
4.9 Google Rating
Large Network of Banks and NBFCs
Years of Experience in Financial Planning
Customer-Centric Approach
Building Trust and Reliability
Key Features of our Home Loan
New Offers Available
Multiple Variants
Tenure upto 5 years
No Guarantor / collateral
No Hidden Charges
Personal Loan Eligibility Criteria
To be eligible for a personal loan, certain criteria must be met. Here are the key factors that lenders assess to determine your qualification:
- Age: Applicants must be between 21 and 60 years.
- Income Requirements: For salaried or self-employed individuals, a net monthly income of at least ₹15,000 is required, with a minimum annual transaction total of ₹20 lakhs.
- Credit Score: A credit score above 650 is essential.
- Debt-to-Income Ratio: Your existing debt obligations relative to your income should be manageable.
- Employment Stability: Consistent employment history is preferred.
- Credit Behavior: A strong credit score and a clear repayment history are necessary.
- Residency: Applicants must be Indian residents.
Documents Required to Apply for a Personal Loan
To complete your personal loan application, ensure you have the following documents ready:
- Identity Proof: Passport, Voter ID, Driving License, PAN Card, Aadhaar Card
- Address Proof: Passport, Voter ID, Driving License, PAN Card, Aadhaar Card, Electricity Bill, Telephone Bill, Ration Card
- Age Proof: Passport, Voter ID, Driving License, PAN Card, Aadhaar Card
- Income Proof: Last 1-year bank statement, 3 months of salary slips
- Employment Proof: Employment certificate, proof of office address
- GST/VAT Registration: Required for self-employed individuals
- Photograph: Recent passport-size photos
- Business Proof: For business owners, provide registration documents like the partnership deed, Memorandum of Association (MOA), Articles of Association (AOA), etc.
- Income Tax Returns: Past 2-3 years of income tax returns to verify income and tax history
This table provides an overview of the typical fees and charges associated with personal loans, though they may vary by lender and individual case.
| Particulars | Charges |
|---|---|
| Loan Processing Fees | ₹4,999 to 5% of Loan Amount |
| Loan Cancellation | ₹3,000 to 5% of Loan Amount |
| Stamp Duty Charges | ₹150 to ₹300 |
| Legal Fees | As per actuals |
| Penal Charges | 2% per month |
| EMI / Cheque Bonus | ₹499 to ₹599 |
Advantages and Highlights of Our Housing Loan
Debt Consolidation
Simplify your finances by combining multiple debts into one loan with a lower interest rate. Save on interest and manage your debts more easily.
Home Renovation
Upgrade your living space and increase your home’s value with a personal loan for renovations, repairs, or improvements.
Medical Expenses
Cover unexpected medical costs, like emergency treatments or hospital stays, without the stress of upfront payments.
Emergency Expenses
Handle sudden expenses, such as car repairs or urgent needs, to avoid financial strain and ensure peace of mind.
Get in Touch to get the best Personal Loan Advice
Ready to explore your financing options? Contact us today to schedule a consultation or get more information about our services. Let Achha Hoga be your trusted partner in achieving your financial dreams.