Ajit Samal

HDFC Bank personal loan 2021 with minimum documentation and quick approvals, making it simple for people to get money when they need it. You can avail the maximum loan amount up to Rs. 25 lakhs that you can repay over a period of 12 to 60 months.   Features of HDFC Bank Personal Loan  HDFC Bank personal loan 2021 amounts ranging from Rs. 1 lakh to Rs. 25 lakhs.  A tenure that can be changed: Individuals can choose between 12 and 60 months for their HDFC Bank personal loan, depending on their repayment ability.  Personal loan applications from HDFC Bank require minimum documentation, making them quick and easy to complete.  Personal Loan Security: Sarv Suraksha Pro can be used to acquire a personal loan from HDFC Bank. The advantages are as follows:  Accidental Death/Permanent Disablement insurance of up to Rs. 1 lakh.  Credit Shield Cover equal to the outstanding loan amount  Loans for Individuals Transferring the Balance: Low and improved interest rates can be obtained by shifting your existing personal loan to HDFC Bank. The following are some of the advantages of transferring a personal loan balance:  On the existing loan amount transferred, interest rates as low as 12.50 percent are available.  There is a one-time processing cost of Rs. 1999.  HDFC Bank provides insurance coverage: If you have a personal loan with HDFC Bank, you can get the following benefits:  Personal Accident Insurance with a limit of Rs. 8 lakhs and for a little fee, you can get critical sickness coverage up to Rs. 1 lakh.  At the time of disbursement, the premiums for these plans will be deducted from the loan amount.  Interest Rates on HDFC Personal Loans  The interest rate on a personal loan issued by HDFC Bank starts at 12.50 percent per annum. However, the interest rate charged on a personal loan is determined by a number of factors, including the borrower's credit score, age, occupation, repayment history, and current debt.  Criteria for Eligibility  You must be a salaried doctor, a chartered accountant, a private limited company employee, or a public sector employee from the federal, state, or local government.  You must be at least 21 years old and no older than 60 years old.  You should have a minimum of two years of work experience and stay with your present workplace for at least one year.  Your monthly income should be at least Rs. 25,000.  Documents Needed to Apply for a Loan  Proof of identity: A copy of your passport, voter ID card, driver's license, or Aadhaar card  Proof of address: A copy of your passport, voter ID card, driver's license, or Aadhaar Bank statement from the preceding three months is required (Passbook of previous 6 months)  Two most recent pay stubs/currently dated pay certificates, along with the most recent Form 16  How to apply for HDFC Bank Personal Loan?  Fill out the online form on Afinoz with important information such as your income, the quantity of money you need, your locality, and your phone number.  Examine offers from several banks, which are graded according to the likelihood of approval.  Choose your preferred lender or contact Afinoz for help.  Submit your application, and it will be delivered to the lender of your choice.  Upload papers and set up a time for them to be picked up.  The bank's management will make a verification call.  Approval and payment  Learn everything there is to know about HDFC Bank's Instant Personal Loan.  Why Apply for a Personal Loan with Afinoz?   Top Lender Offers: Afinoz has worked with over 40 banks, NBFCs, and fintech to provide you the finest loan offers from a variety of lenders in one spot.  With the click of a few buttons on Afinoz, you can review and compare personal loan offers from India's major banks, NBFCs, and fintech on your screen.  Customized solutions and assurance of approval: Personal loan offers will be ranked according to your credit score and other eligibility variables on Afinoz. This will assist you in selecting the best offer and provide you with the assurance that your loan will be approved.  Loans that have been pre-approved: Once you've joined the Afinoz ecosystem, you'll occasionally receive personalized pre-approved personal loan offers based on your credit score. Low processing costs, low-interest rates, and very no documentation are all features of these loans.  Unbiased Advice: If you have any questions or require assistance, Afinoz's team of professionals will walk you through each stage, coordinate with lending banks/NBFCs, and assist you in obtaining the best personal loan for your needs.  Afinoz.com, as a digital-only company, offers you totally digital processes that allow you to obtain personal loans from the comfort of your own home with minimal to no paperwork and a wholly digital experience.  Afinoz staff will pick up documents from your home/office on a mutually agreed date and time after you apply for the loan if physical paperwork is required. You won't have to go to the lender to submit your documentation since Afinoz will take care of everything for you — for free.  End-to-end Team Afinoz remains with you and works in the background with the lenders to give you a fantastic experience, from browsing for a loan option to receiving the sanctioned loan amount in your bank account.  Important Things to Think About When Getting a Personal Loan   Loan Amount: The less you borrow, the more readily and conveniently you will be able to repay it. Remember to borrow just what you can afford to repay, as borrowing more than you can repay might lead to debt traps.  Credit score: Your credit score is based on your payback history for loans and credit cards. As a result, having a good credit score can help you get approved for a personal loan.  Interest Rates and Interest Payout: Interest rates affect your monthly payment. As a result, in order to have reasonable EMIs, you must choose a bank with the lowest interest rate. On Afinoz, you may compare interest rates from numerous banks.  Keep in mind, however, that a longer-term will result in a greater interest payment throughout the life of the loan.  Other costs and fees: Aside from the interest rate, a personal loan comes with a slew of other fees and taxes. Processing costs, late payment fees, foreclosure charges, part prepayment fees, and so on are examples of these. To avoid any future surprises, it's crucial to ask your lender about all of these fees.  Conclusion:  To conclude, HDFC Bank offers various loan schemes includes HDFC Doctor Loan and others. You can get the best loan options of HDFC personal loans from Afinoz as well.   

If you are musing to borrow from your friends yet. Don’t consider it anymore as HDFC personal loan 2021 is here to be your financial back! The Bank offers various personal loan schemes and offers at affordable interest rates to eligible customers. HDFC Bank consumer personal loan eligibility is determined on the basis of factors such as occupation, age, salary, and credit score. You can avail of personal loan from HDFC Bank, albeit you're salaried or self-employed. The eligibility criteria, however could also be slightly different for self-employed. A detail information on these elements are stated below:  HDFC Bank Personal Loan Eligibility Criteria  The following are some core eligibility requirements that applicants got to qualify in order to avail of a HDFC Bank Personal Loan: Your age should be at least 21 years old and your maximum age should not exceed 60 years at the time of loan application. You should be an employee of a Pvt. Ltd. company or employee of a public sector undertaking that has central, state, or local body. You should be functioning with your current employer for at least 1 year and must have a total working experience of at least 2 years at the time of loan application. Your minimum income of per month must be Rs. 25,000. HDFC Personal Loan Eligibility Calculation Personal Loan Eligibility calculator available on Afinoz.com helps you to figure out if you are eligible for HDFC Bank personal loan from the comfort of your home or office. The personal loan eligibility calculator is quite simple to use and asks for nominal information such as monthly income, mobile number, current city, occupation type, loan amount, etc. so as to check your eligibility with the bank. HDFC Personal Loan 2021 offers Amazing Benefits With HDFC Bank, you can avail of the best Personal Loan in India at an attractive rate of interest which can range from 11.99% p.a. HDFC Personal Loan from self employed and individuals are popular as compared to other loans in India since the bank extends a multitude of appealing features and benefits. You also get the pliability of paying off your Personal Loan within a tenure between 1 year to 5 years. The loan amount can be availed of as high as Rs. 40 lakhs counting on your eligibility, which may support you to achieve your goals easily. Below are the best reasons why you should think about a loan from HDFC rather than asking for funds from your friends: Instant Approval - HDFC Personal Loan offers quick in-principal approval for online applications. Within a matter of 4 hours of ultimate authorization (which takes place post successful verification checks), the funds are credited into your registered bank account if you meet the HDFC Personal Loan eligibility. Personal Loan Eligibility Calculator - Personal Loan eligibility differs from individual to individual. The most significant criterion is income. Your credit score should additionally be healthy. Other elements such as your age, nature of employment, repayment capacity, etc. also are taken into consideration. HDFC Personal Loan eligibility calculator renders you a transparent idea of the utmost loan amount you can be eligible for. Personal Loan EMI Calculator – HDFC Personal Loan EMI calculator renders a fair picture of your monthly outlay. You are only required to key in your loan amount, repayment tenor, and rate of interest. In a few seconds, you can avail of an estimated amount of your monthly outflow. Online Application – You can apply for Personal Loan from HDFC online. It is a simple process. Simply visit the HDFC’s official portal and submit the Personal Loan application after duly filling it in and do not forget to attach the required documents along with them. You can specify the loan quantity and repayment tenure, upload the requested documents, and then submit it. As soon as the verification happens, the loan amount gets disbursed directly into your account within a matter of hours and within seconds in case of a pre-approved loan offer. Smooth Documentation – HDFC Personal Loan 2021 documentation is quite simple. It just consists of loan application filling and submitting along with the necessary documents. KYC documents & Permanent Account Number (PAN) Salary slips of last 3 months Statements of bank accounts of last 6 months The Bottom Line To sum up, borrowing from your friends or family can help you temporarily but it may also ruin your priceless relation with them. Thus, it is not a wise decision to get fund facilitation from them. Instead, consider a Personal Loan which is not affect anything on your relation.   HDFC Bank stands out from others as it offers great deals on Personal Loans. Yet, you should consider studying the loan product thoroughly and wisely and then finalize accordingly.

A personal loan is a type of unsecured loan that is available to both salaried and self-employed individuals. A personal loan for self-employed people is perfect for both personal and business purposes, such as buying new equipment or machinery, renovating your home, paying medical expenses, going on vacation, getting married, and so on. A self-employed person can easily apply for a personal loan online and pay it back whenever he wants.                                     Features and Advantages of a HDFC Self-Employed Personal Loan The application procedure is simple: A self-employed person can apply for a HDFC personal loan on the lender's official website or through financial platforms such as Afinoz. The application process is simple to follow and can be done from the convenience of your own home or workplace. Loan amount:HDFC Personal loans for self-employed people start at Rs. 50,000 and can go up to Rs. 40 lakh, allowing them to deal with a variety of financial difficulties. Minimum papers: A self-employed person can apply for a personal loan online by uploading a few basic documents such as identification, address, and proof of income.This saves you the trouble of lugging loads of paperwork to the bank. Flexible tenure: All personal loan lenders give self-employed borrowers the option of choosing the length of their loan based on their repayment abilities. The length of the contract is usually between 12 and 60 months. Quick disbursement: Once a self-employed personal loan is approved, money is disbursed to your bank account in 3 to 5 business days. Interest Rates on a Personal Loan for Self-Employed People Personal loan interest rates for self-employed people start at a minimum of 10.75 percent and vary depending on credit score, loan amount, age, repayment ability, and other factors. Criteria for Eligibility You must be a self-employed person. You must be at least 21 years old to participate. Your annual income should meet the bank's eligibility requirements. Your company should have been in operation for at least two years. Required List of Documents ID Proof: Aadhaar Card, PAN Card, Voter ID Card, Driving License, Passport. Ration cards, utility bills (electricity bills, phone bills, etc. ), PAN cards, Aadhaar cards, voter ID cards, and so on are all acceptable forms of proof of address. Proof of Business Existence, Certificate of Incorporation, and Certificate of Registration with Appropriate Registration are all examples of business proof. ITR from the previous two years, as well as a certified profit and loss statement. Self-employed Personal Loan with: Credit Score Issues- When you apply for a new loan, one of the first things a prospective lender looks at is your credit score. This is true not only for self-employed borrowers but also for salaried borrowers seeking a personal loan. A low credit score makes it more difficult for a self-employed person to obtain a personal loan. Furthermore, if a self-employed individual with a low credit score gets authorized for a personal loan, such offers frequently have a higher interest rate than those offered to those with higher credit ratings. As a result, self-employed applicants should verify their credit score before applying for a personal loan and take action to maintain a good credit score to receive the best personal loan There is no proof of income- A lender considers repayment capability as one of the primary variables (together with credit score) when analyzing a personal loan application. The lender examines both the applicant's income and his or her previous debt when determining an applicant's repayment capability. While salaried candidates can easily produce a pay stub or a salary certificate together with Form 16 as proof of income, self-employed people do not have this option. In the case of an unsecured loan, such as a personal loan, income proof documents are also required. As a result, a self-employed person cannot obtain a personal loan without providing proof of income or other financial documents. For the past 2 to 5 years, key examples of such documentation include P&L statements, acknowledged Income Tax returns, verified Balance Sheets, and so on. Interest Rates for Self-Employed Personal Loans are Influenced by a Variety of Factors Banks assess an individual's credit score, which is a reflection of his payback history, before issuing a personal loan. As a result of your strong credit score, lenders are more willing to offer you a cheaper interest rate because you have been consistent with your payments. Income: The higher your income, the more likely you are to get approved for a personal loan with low-interest rates. This is because a larger income indicates that you will be able to return the loan promptly. Firm tenure: If your business has been profitable for at least two years, you can acquire a personal loan with a low-interest rate because of its stability. Relationship with the bank: If you currently have a checking or savings account with the bank, or if you have an existing loan that you have been paying off on time, you may be eligible for a personal loan at a lower interest rate. Aspects to Consider Before applying for a personal loan, a self-employed applicant should think about the following: Credit score: Before approving a personal loan, all lenders look at your credit score. As a result, a low credit score may result in your personal loan being denied or being authorized for a high-interest personal loan. As a result, if you plan to take out a personal loan, be sure you have a strong credit score. Before you buy, compare: Personal loan offers from different lenders may have varying interest rates, and it is not practical to visit multiple websites to compare them. The simplest method is to check all the lenders' personal loan interest rates on Afinoz, compare them, and then choose the lender with the lowest interest rate. Examine the loan's total cost: A personal loan comes with a number of fees and charges, including processing fees, foreclosure fees, late payment fees, and so on. As a result, before applying for a personal loan, think about the entire cost of repayment. Ability to repay: Before deciding on a loan amount, consider if you will be able to manage your monthly expenses after paying the EMI dues. If not, it's a good idea to borrow less than you can afford to repay. Conclusion: To conclude, HDFC personal loans for self-employed can be easily availed at Afinoz at a low rate of interest. All you need is to visit the Afinoz’s site and get in touch with their expert team.

Life is uncertain. It often happens that after you take out a loan, you need to avail another one soon. Nevertheless, there are only a few who understand the fact that this is not a handy way to get additional funds. Instead, they consider a top up loan. A Top up loan is an additional amount that you can avail of on a prevailing loan after you have made a few EMI payments. Top-up loan is frequently availed across personal loans. In this post, we will stringently focus on the significant factors that one should know in case musing to avail of top-up on personal loans. Who Can Avail? One can avail of a top up loan if he/she possesses an existing personal loan. So, having a personal loan works as a plus point once you are trying to find a second. Borrowers who have already availed of a loan from a particular financial lender can apply for a personal loan top-up. A top-up personal loan stands out to be a good option for such borrowers to beat their additional financial concerns.  What do you need to keep? At the day-end, any loan holds some risk for the lender. Consequently, they need to be convinced. To be eligible for a Personal Loan top up, the interested borrower has got to satisfy the lender for the same. As an applicant, you'll be required to keep a suitable repayment history. The lender also will carry out a few verification checks. Do not worry in case the lender asks you why you would like to avail of a top up Personal Loan. Acceptable Reasons for applying There are many who are aware that what Personal Loan top up is, but even they are not fully aware of the various scenarios in which it can be availed. One among the most significant reasons is home renovation. Another use might be personal in nature, such as settling some old debt. You can also avail of a Personal Loan top up facility so as to get a plot of land, to acquire another property, or to buy consumer durable products. Businessmen can also avail of a top up loan to fulfil any business requirement. Parents can get it with the aim to meet the expenses associated with their children’s education or marriage. In several events, such loans also are also availed for the purpose of paying off the medical expenses. Features & Benefits of top-up personal loan  When you avail of a top-up facility on personal loans, you are entitled to relish some appealing features and benefits. Let’s take a look at some of them: Attractive rate of interest  The rates of interest for a top up Personal Loan are generally slightly above the prevailing loan. Top up facility on personal loan can be unsecured in nature as usual personal loan is; this means 1 or 2% extra rate of interest will be offered to you. Given the fast approval and disbursal, borrowers relish an abundance of benefits on availing a personal loan top up facility. Tax benefits Many do not possess the knowledge that a top up Personal Loan can cause a tax break. Yes! This can be benefited on top up loans provided the quantity sanctioned by the lender is employed for the acquisition of a house (principal and interest). You can also attain tax benefits if the funds are being taken into usage to renovate your home. No collateral required Personal Loans are unsecured in nature. This signifies that you are not required to submit any collateral so as to avail of a Personal Loan. This rule applies to top up loans too. By charging you a slightly extended interest rate, the financial lender takes care of the matter of collateral. Therefore, if you do not possess any security, don't worry. Adequate loan amount Typically, a top up Personal Loan is often 70% - 80% of the prevailing personal loan which is quite a good sum and will be adequate to fulfil many of your needs. Do bear in mind that you simply cannot borrow an amount within the top up loan as it is needed to have a prevailing loan for a borrower. The bottom stroke To wrap up, top-up facility on personal loans is a smart option and a smart decision if you choose it in case you need further fund facilitation after an existing personal loan. This will not only mitigate your stress of performing extensive research, remembering multiple due dates of different credit facilities but also you will get better deals than availing a new loan. Moreover, out of many HDFC Bank personal loan top-up stands out to be a great option as it offers top-facility of up to Rs. 40 lakhs without taking any collateral from you and if you are seeking a new loan, you can download the Afinoz loan app from the Google Play Store, compare multiple loan offers and apply for the one that suits as per your requirements and situation.  

When people are availing of personal loans in India, the first bank that comes to mind is SBI. The State Bank of India has been a preferred choice for ages when people want to avail of a personal loan for their use. SBI offers facilities such as zero prepayment, minimum processing fees, low SBI personal loan interest rate, and more. Thus, people are also applying for SBI personal loan through its online application process.  SBI personal loan details:  Particulars Eligibility criteria Interest rates  12.15% to 15.15% Processing fees It must be 1% of the loan amount + GST Prepayment charges  Nil  Repayment tenure  Should be up to 5 years  Maximum loan amount  Up to Rs. 15 lakh  Loan approval time  Approve within 10 minutes  SBI personal loan interest rates (Updated as of 20 November 2020) SBI personal loan interest rates come under various categories and different schemes are as follows:  Eligibility criteria  SBI Xpress Bandhan loan  Xpress credit personal loan  SBI pension loan  Interest rate  12.15% - 15.15%  11.65% - 14.65%  11.60%  Applicants  Xpress Credit loan (for IT employees)  This loan is for salary package account holders  Non-permanent employees (NPEs) Types of loans  Jai Jawan pension loan  Pension loans to coal mines PF  Clean overdraft loan  Interest rate  11.60%  11.60% 16.70%  Loans  OD for E-commerce purchase Loan against shares Loan against NSC/KVP Interest rate  13.75% 10.65%  12.80% List of documents required for SBI personal loan  For salaried employees  Eligibility  Loan amount  Documents required  Resident of India  Minimum- Rs 24,000 in metro and urban centres and Rs 10,000 in rural/semi urban centres.  Maximum: 12 times net monthly income (salaried and pensioners)  Submit passport size photograph.  Identity proof  Office address must be submitted for self-employed and professionals. The documents required such as shop/establishment certificate, lease deed, or telephone bill  Submit salary slip and Form 16 for salaried person.  Types of personal loan offered by State Bank of India  State Bank of India (SBI) offers personal loan schemes under four categories: SBI pension loan, SBI Xpress Credit personal loan, SBI Saral personal loan, and Festive Season loan. Compare the loan schemes with other personal loan bank’s interest rates.    SBI Xpress Credit personal loan    State Bank of India offers loans up to 24 times of net monthly income for salaried individuals and pensioners. The maximum limit for a personal loan is Rs. 15 lakh.  Minimum EMI per lakh Rs. 2,616 and maximum EMI per lakh Rs. 2,765 for 4 years.  Interest rate is starting from 11.65% - 14.65% per annum.  Security is Nil  Processing fees for 1% of loan amount + applicable taxes.  Part-payment charges are starting from 6 months to 60 months (or residual service period whichever is less)  Minimum salary must be Rs. 7,500.   SBI Pension loan   Features and benefits of SBI pension loans are: Interest rates on SBI pension loans are 11.60% per annum.  Low processing fee, less hidden charges, no pre-payment charges.  Family pensioner can avail a loan but the applicant should not be more than 76 years.  Borrowers can avail of a maximum 50% amount of pension is considered for availing the loan.  SBI charges a processing fee of 0.51% of the loan amount (+applicable tax) with a minimum of Rs 500. Including this, the processing fee is not charged from SBI Defence pensioners.    SBI Saral personal loan    SBI Saral personal loan is available for the applicant to those personal working in the corporate sector, self-employed, engineers, doctors, architects, chartered accountants, MBA of a minimum of two years of employment.  SBI Saral personal loan eligibility  The borrowers are eligible for SBI Saral personal loan if they are:  Salaried and working with any leading corporate house  Self-employed such as engineer, doctor, architect, chartered accountant, and MBA for a minimum value of Rs. 2 years of experience.  The minimum loan amount for SBI Saral personal loan is Rs. 24,000 in metro and urban cities and Rs. 10,000 in rural/semi-urban cities.  It offers loans up to 12 times of net monthly of salaried individuals and pensioners. The maximum limit for a personal loan is Rs. 10 lakh.  The security is nil  The repayment period will be 48 EMIs.  Compare SBI personal loan interest rates with other banks in India  You can compare and choose other banks for applying for a personal loan based on your financial needs. Here is the list of the banks mentioned under:  Bank  Interest rates  ICICI Bank  10.99% up to 16.50%  Standard chartered  11.50% up to 18% Bajaj Finserv  1.99% onwards  IndusInd bank  Above 11.25% HDFC Bank  10.75% up to 20.75%  Bajaj Finserve 11.99% Citibank  10.99% Tata Capital  Minimum 11.25% 19%  Fullerton India  11.99% up to 26% SBI personal loan top-up  Borrowers can apply for SBI personal, they will get top-up on a personal loan if they have a regular repayment track record for applying for the personal loan. The top-up loans are available for the users at similar interest rates that are on your existing personal loan. The current interest rate on SBI personal loan top up is starting from 9.60%.  SBI personal loan EMI calculator  You can simply figure out how much EMI for the loan amount you have to pay; otherwise you can use this EMI calculator tool. To calculate the repayment amount, you can just enter your loan amount, interest rate & tenure, you will get the complete details of your loan.  Loan amount  ROI  Tenure in years  Monthly EMI  Total Interest 2 lakh  12.45%  3 Rs. 6,686 Rs. 40,693 2 lakh 14.95%  4 Rs. 5,561 Rs. 66,932 2 lakh 16.55%  4 Rs. 5,725 Rs. 7,4778 To conclude:  The above information explains SBI personal loans eligibility, documents required, SBI personal loan EMI calculator, personal loan interest rates, list of banks offering personal loans, and the types of loans offered by SBI. You can either apply for SBI personal loan or can compare other bank’s interest rates for loan applications. It depends on you for choosing the types of loans and apply for the same and get benefits to fulfill your needs.

If you are reading this blog, it means that you are curious about the safety of your funds and you give it a priority and that’s undoubtedly appreciable and great! Well, no single bank can be stated as the best bank in India since every bank has one or some distinct points that make them best in the banking space. Although, we have drawn the list of top 10 banks in India that can be stated as the safest banks since they have proved it several times not to us but to its customers and the banking community. Here these are: State Bank of India Without any doubt, on the top of the list, SBI stands out as the best and safest bank in India. The State Bank of India is also the leading bank in India when it comes to the branch network, ATMs, total assets managed, market cap, etc. With an employee tandem of around 3 lakhs, SBI holds around 20% of the Indian banking industry. The bank has its corporate office in Mumbai; alongside 14 local head offices and 57 zonal offices are situated at major cities spread across the nation. The bank possesses more than 24,000 branches and over 59,000 ATMs across India. SBI is the leading among the largest banks by assets in India; it manages assets worth over 500 billion USD which is about to cross 600 billion USD by the end of 2020. Consequently, last year in 2019, SBI has got 236th rank in the Fortune Global 500 list of the largest corporations in the world of 2019. Alongside this, it also received the award of ‘best transaction bank & best payment bank in India’ in the same year. Therefore, undoubtedly, if you possess an account in SBI, be rest assured for the powerful safety. HDFC Bank Another safest bank in India is HDFC Bank and you will be amazed that it has got India’s No.1 Bank title in Forbes’ world’s best bank report. The bank has around 1 lakh permanent employees and also possesses its presence in foreign, like Bahrain, Hong Kong and Dubai. The Bank is also known as the largest private sector bank in India by assets which is over 200 billion USD. Alongside, it is also the largest bank in India in market capitalisation view at present. Corporation bank Corporation Bank is another bank on the list of safest banks in India. The bank is a public-sector banking entity which has its headquarter in Mangalore, India. With over 2,500 branches, 3000 ATMs and 4700 branchless banking units across the country, the bank has a Pan-India presence. The Bank also received the award of “Best MSME Bank-Winner” in the year 2018 during the 6th ASSOCHAM SMEs excellence award ceremony held by the associated chambers of commerce & industry of India (ASSOCHAM). ICICI Bank ICICI holds the 2nd rank when it comes to total assets managed by a bank in India. Besides, ICICI Bank is also the 2nd largest bank in India with regards to assets and market capitalisation. ICICI Bank is a leading and one of the safest private sector banks in India. The Bank possesses a total asset of over 10 trillion at present. With a network of over 5,000 branches and 15,000 ATMs across India, ICICI Bank provides Pan-India service. Punjab National Bank PNB stands out as the 3rd largest bank in India. It is one of the leading Indian banks which has its roots dispersed across the globe. PNB has its headquarter in the national capital city - New Delhi, India. Additionally, PNB possesses a strong customer base of over 80 million; alongside around 7,000 branches and 10,700 ATMs across the nation makes it a reliable and a safe bank option. Bank of Baroda Bank of Baroda is the 4th largest bank in India in terms of total asset management. As per market capitalisation, BOB is undervalued. Moreover, it serves more than 82 million customers across 22 nations. With a network of over 5500 branches, Bank of Baroda remains among the most reliable and safest banks in India. Canara Bank With over 3,200 branches and 4,000 ATMs, Canara Bank remains trustworthy and safe to maintain your funds. The bank manages over Rs. 7 trillion assets. Axis Bank Another bank in the list of top safest banks in India in is Axis bank which also comes 3rd in the list of private sector banks in India. The bank possesses over 2200 branches, 12,000 ATMs, 40,000 employees. Furthermore, the bank maintains total assets of over 54 billion USD. Bank of India Bank of India possesses over 5,000 branches across India including specialized branches. The bank is a commercial bank with its headquarter located in the commercial capital of India - Mumbai and it also holds the name among the top 5 banks in India among many articles spread over the internet. IDBI Bank Last but not the least in the list of the safest banks in India is IDBI Bank. The bank possesses over 1,100 branches and 2,000 ATMs throughout the nation. Additionally, the bank has over 15,000 employees which shows that the bank is dedicated to serve its customers. It manages total assets of over 42 billion USD. Final StrokeThere are several popular banks in India but this will not be fair to state one as the safest bank in India, although, above is the list of top 10 banks in India which remains positive and safest, so, even if you don’t possess your account among any of the above-mentioned banks or possess your account in a foreign bank in India, there is no need to worry, you can still check out multiple aspects of the bank such as total branches, total managed assets, market cap., etc.

UAN stands for Universal Account Number; it is a 12-digit number which is allotted by Employees' provident fund organisation (EPFO) to each member of the EPFO via which he/she can manage his/her PF accounts. This specific number is issued by the Ministry of Employment and Labour under the Government of India. If a member already possesses his/her UAN then he/she needs to provide the same on joining the new organisation so that the employer can put the new allotted member ID number to the already allotted UAN. The number is compulsory for all the employees. It not only helps in managing the EPF account but also PF transfer and withdrawals becomes much smoother and simpler than before. Bear in mind that in most of the cases, the employer extends the UAN and the employee just has to get it activated by rendering the appropriate KYC documents to the employer. It is a one-time permanent number which remains the same across one's career. On joining a new establishment, the foremost thing you have to do is to ask your employer for a ‘new form no. 11 declaration form’ to provide the existing UAN and if you don't possess a UAN number then you can just provide your last PF number along with the date of leaving from your last job. How to generate UAN online? Are you seeking How to generate UAN? Then don’t look anymore, here is your answer. You can self-generate your UAN via Employees' Provident Fund Organisation (EPFO) official website by simply using your Aadhaar card. As this is process gets enable with a one-time password (OTP) process, only those who have linked their phone number with Aadhaar will be able to self-generate their UAN. With the use of this facility, you will receive an OTP on your registered phone number and post verification, the system will fetch fundamental information like name, date of birth, etc. and the same will be demonstrated on your screen. After the verification and submission of your form, your UAN gets generated. Here we have compiled and brought the step-by-step process so that you can self-generate your UAN using Aadhaar: Visit the unified portal (member) of the Employees' Provident Fund Organisation (EPFO). Click on ‘Online Aadhaar Verified UAN Allotment’. Enter your Aadhaar Number and click on "Generate OTP". Put the received OTP on your registered mobile number. Accept the disclaimer given therein by clicking on the box and click on "Submit". Enter basic information available against your Aadhaar. Verify your details and enter all the important information in the mandatory fields provided on the screen. Enter the captcha and click on ‘Register’. Once you click on "Register" button, you will receive the UAN through SMS. Ways to check your PF balance Being an employee, you have the right to access your PF balance in accordance with your need. Take a look at the different ways of checking your PF balance with UAN. EPFO portal Once you know your UAN You can view your PF balance with the help of the official portal of the EPFO. All you are required to do is, log onto the EPFO website. Click on ‘our services’ option under ‘employees’ section from bar menu then click on the ‘Member Passbook’ link and you can access your balance information by entering your UAN and password now. Missed call Another easy way to make your PF balance check with UAN number and to check the details of your latest PF contribution is to make a missed call to the number: 011-22901046. In the interest of availing this facility, you will need to link your UAN with your bank account number, PAN or Aadhaar number. SMS Once you know your UAN number, you can also get the information about your last PF contribution and balance via the SMS service. All you need to do is to SMS to 7738299899 from your registered mobile number. The body of the message should be: “EPFOHO UAN”. UMANG app You can also find out your PF balance via the UMANG app. The app is available on the Android and iOS Play Store for free. Simply download the app on your mobile phone and access all your EPF details directly from your phone. Benefits of Universal Account Number (UAN) With the help of Universal Account Number (UAN), it has become smooth and easy to track the PF. It facilitates the EPFO to track the changes in jobs of every employee associated with it. You can connect a new PF account with the UAN number on joining a new establishment. Therefore, the EPFO can keep track of updated details of where the person is employed at present. Moreover, UAN enables people to make excessive EPF withdrawals on changing jobs. Some of the major benefits that you can relish of having a UAN are as follows: UAN enables employees to withdraw PF via online medium. UAN enables transfer PF from old to a new account easily. UAN enables checking on EPF balance through EPFO online portal and SMS too. UAN enables employees to manage their PF accounts online. UAN enables employees to keep track of the deposits made each month in relation to PF deductions. The bottom line The UAN number comes along numerous benefits for the employees. There is no disturbance of employer in PF withdrawals. Further, there is no requirement of transferring funds on changing jobs. SMS alerts make it simple to control the fund's account. The UAN number eventually improves the effectiveness of the employee pension scheme and benefits the employee related taxes and future savings.

A business loan in India is a feasible method to lift funds for multiple purposes of business, for instance, obtaining new assets, purchasing new properties or making expansion, etc. and Bajaj Finserv is among the leading financial institutions in India when it comes to extending business loans. Bajaj Finserv offers business loans up to Rs.20 lakhs along with several benefits such as minimal interest rate, flexi loan facility, and flexible repayment tenors. But, prior to planning on the usage of the funds, you should be cognizant of the application procedure. Bajaj Finserv has an easy application procedure that helps you raise funds appropriately. Here is everything you need to know about how you can take out the business loan from the moneylender. Let’s plunge! Bajaj Finserv business loan eligibility criteria In order to avail Bajaj Finserv business loan, you simply need to meet the eligibility criteria as required for any kind of loan. Following are the eligibility terms that you’ll need to fulfil to avail the benefits of the loan: You must stand between 25 to 55 years to apply for a business loan. You must have a business driving for at least 3 years. You must have filed income tax returns (ITRs) of your business for at least 1 year. Documents required for Bajaj Finserv business loan Bajaj Finserv asks for nominal documents to extend business loans. Thus, you are simply required to be ready with the following documents:   Proof of Identity You need to hand over your identity proof with relevant KYC documents including PAN card, passport, driving license, aadhaar card, voter ID or any other government-issued valid document.   Proof of Address Besides KYC, documents, in particular, ration card, telephone bill, passport, electricity bill, lease agreement, trade license or certificate of trade license can be taken in use as the proof of address when applying for a Bajaj Finserv Business Loan. Applicants can also give any other government-issued document as proof of address to complete their loan application. Financial documents The typical business loan documents list that self-employed professionals and non-professionals are required to present are as follows: Copy of the ITR filed for at least 1 year. Last 6 months bank statement. Balance sheet and profit & loss statement for the last 2 years, audited by a chartered accountant. Proof of business proprietorship The need of business ownership proof for Bajaj Finserv Business Loan differs as per the type of business and your individual profile. Documents for varying business profiles are stated below:   For self-employed professionals The registration document is required in case of sole proprietors. Other business ownership proofs for self-employed professionals include documents, in particular, electricity bill, payment receipt for municipal tax, PAN card, income tax returns, etc.   For self-employed non-professionals Registration document of the sole proprietorship, individual proof of identity of the owner, income tax returns, GST return, business owner’s bank statements of at least 6 months, statement of creditor/book debt/periodic stock, etc. are needed in case of self-employed non-professionals.   For partnerships and private limited businesses The partnership agreement is needed in case of partnership firms and certificate of commencement (CoC)/Article and Memorandum of Association (MOA) in case of private limited businesses. In addition, other supporting documents for these business include ITRs, GSTRs, registration certificate under the shops and establishment act, etc. Besides, partners and directors are also required to submit individual identity proofs. Who can apply for Bajaj Finserv business loan? Following are the customer profiles which are eligible to apply for business loans from Bajaj Finserv: Customer profiles Sub-profiles Self-employed professionals Allopathic doctor, CA, company secretary, architects, etc. who are practising their profession. Self Employed Non-Professionals Traders and manufacturers, retailers, proprietors, service providers, etc. Entities Partnership, limited liability partnership (LLP), private limited and closely held limited companies. The existence of other entities relies on their profile. On the basis of your meeting with the Bajaj Finserv business loan eligibility criteria, you can avail of the funds up to a limit of Rs.20 lakhs. The lending criteria of Bajaj Finserv for business loans is rather simple and documentation requirements are also nominal which makes the loan application process simple, seamless and hassle-free for you. How to apply for the Bajaj Finserv business loan? In order to apply for the loan, you need to go through 4 steps significantly. Here these are:   Meet eligibility criteria and required documents Just as every loan has set eligibility criteria, similarly, first and foremost, you need to qualify eligibility criteria of Bajaj Finserv business loan. additionally, you need to check at your end whether you possess every required document or not, if yes then great and if no, then get those.   Opt for the mode of application You can either apply online or offline in order to avail of the loan. To apply offline, you need to SMS ‘BL’ to 9773633633, and very soon a representative from Bajaj Finserv will come into contact with you with a pre-approved offer. The online process includes filling and submitting the application form with your documents post which the representative of the financial institution will contact you. The online approach is handier if you do not have the time to visit a branch.   Enter your information and submit the documents When you are applying online for Bajaj Finserv business loan, make sure you undergo the application form entirely. Fill in your personal information, in particular, your name, date of birth, tenure and principal carefully. Once you are done with this step, submit the application online alongside the photocopies of the appropriate documents.   Get your loan post verification Post you have submitted your application; a representative will check all your documents and your loan application and if everything goes well and verified, you will get confirmation about the approval of your loan application. After the approval, the loan amount will get disbursed directly into your bank account within 24 hours. This lessens all your concern about waiting in long queues and many other hassles to get admittance to the loan amount. The End Line As a whole, with the help of the above information, you can get smart facilitation in availing the Bajaj Finserv Business Loan within the span of a short time and raise funds for the purpose of fulfilling your needs like working capital expenditures, expansion, etc.   Furthermore, to find out additional information such as with regards to Bajaj Finserv business loan interest rate you may directly visit the official portal of the moneylender. Lastly, a smart option that always plays great while availing a loan is a loan calculator, so, you can also take the help of business loan EMI calculator in order to figure out the estimate payback amount by yourself.

At times savings are not good enough to fund these requirements or maybe we do not want to dip into that. SBI personal loan caters to the need of all its customers. It is among the preferred choices by the loan seekers. There are various reasons for this like a competitive interest rate, low processing charges, attractive offers, flexible repayment tenures, etc. Benefits of SBI personal loan Pocket-Friendly Interest Rate: The SBI personal loan interest rate varies depending on the applicant profile that gets generated after factoring in the aforementioned details. Easy Loan Accessibility: With a wide presence of active branches in both the urban and rural regions, SBI makes sure easy loan accessibility. Additional Benefits for the Existing Customers: SBI offers many of the special benefits for their existing clients for pre-approved personal loans. Since many people are associated with SBI and are using their commercial loan schemes or other financial products, they receive timely offers about pre-approved personal loans. Easy Loan Application Processing: SBI personal loan is easy, and you can even apply with an online loan application. The loan process is easy, simple, and includes minimal documentation and quick loan disbursal.  Instant Loan Approval: Those days are gone when a borrower has to make multiple visits but now with SBI, they can easily apply online for a personal loan. The online personal loan application involved a few working days for loan approval for the eligible applicants. Periodic Offers: SBI offers attractive seasonal discounts on the rate of interest and processing fees during festival season and from time to time. Some Features of SBI Personal Loan Quick disbursement of the loan amount. SBI offers unsecured personal loans to the self-employed and salaried professionals. SBI personal loan comes at an attractive rate of interest. A personal loan from SBI can repay via ECS/NACH. A high loan amount can be availed by applying with a co-applicant. A high loan amount can avail through various SBI loan schemes. SBI Personal Loan EMI Calculator You can get a lot of benefits from the SBI personal loan EMI calculator.   Steps required to calculate with SBI personal loan EMI, are: Step 1: Visit the official website of the SBI (State Bank of India). Step 2: Choose the option of ‘Personal Loan EMI Calculator’. Step 3: A page will open with the three fields, where the below mentioned details is required to be filled: Loan Amount Interest Rate and  Tenure in years. Eligibility Criteria of SBI Personal Loan Common eligibility to acquire personal loan from SBI differs based on the loan amount, borrower’s profile, availed personal loan scheme. Following is the common eligibility criteria for the SBI personal loan:  Xpress Credit Personal loan A borrower should have a minimum monthly income of Rs. 15,000. A borrower’s EMI/NMI ratio should not be more than 50%. The borrower is required to maintain a salary account with SBI. The applicant should be an employee of any of the following organizations: Central and state governments Central and state PSUs Educational institutions with a national reputation Xpress Power Personal Loan Having a salary account in SBI is not mandatory. An applicant should have minimum gross monthly income of Rs.50,000. Employees of the following entities can apply for this loan: Central or state governments. Defense establishments. PSUs. Educational institutions that have a national reputation. SBI Personal Loan Documents Required Duly filled loan application form  Recent passport-sized photograph. Identity proof (any of the following) PAN Card Aadhaar Card Passport Copy Driving License Voter ID Card Address Proof (any of the following) Passport Copy Rental Agreement Driving License Bank Statement or Passbook Electricity Bill Ration Card Telephone Bill Age Proof (any of the following) Passport Copy PAN Card Latest Salary Slips or Bank Statements/ Passbook Form 16 Last 3 years IT Returns SBI Personal Loan Interest Rate This massive demand for personal loans has emerged various lenders and SBI is among the best bank in India. SBI offers a wide range of financial products and a personal loan is one of the most preferred financial products.  The SBI personal loan interest rate starts at the lowest for the salaried applicants. The availed personal loan can be used for many purposes like medical treatments in case of emergencies, paying the additional debts, wedding expenses, and to meet the other personal financial requirements.         Factors Affecting Personal Loan Interest Rate Income The chances of timely repaying the loan amount is higher in the case of high salaried people. The Repayment History The repayment history plays a significant role in determining the personal loan rate of interest. When an individual makes a payment on the previous loan, additional points are added to the current score.  Organization When an individual works for a reputed company, he/she is more considerate towards the timely EMI payments.  Customer Relationship If the borrower has been an existing loyal customer with a good repayment record, the loan lender might grant some extra perks and offers. A healthy relationship with the provider can determine the interest rate on a personal loan. Mostly, customers with an existing account or credit card receive special schemes and offers. Conclusion SBI offers a low rate of interest personal loan with a flexible repayment tenure. All you need is to fit into its eligibility criteria and have a good credit score.