Apoorv Chaudhary

ZipLoan is a non-banking financial company that provides loans to small and medium-sized businesses (SME). ZipLoan Business Loan app is preferred by various business users due to its attractive interest rate, repayment tenure, and eligibility check according to suitable choice.   Overview of ZipLoan  The RBI-registered NBFC "Blue Jay Finlease Limited," which was established in 1996, is known as Ziploan. On the other hand, it was founded in 2015. This FinTech lender aims to provide unsecured Working Capital to small business owners in India through the internet. The Ziploan technology-backed lending network provides SMEs with all-around assistance in obtaining Business Loans in as little as three days. The entire lending process is simple and straightforward.  Small businesses face a fundamental lack of funding, which Ziploan addresses by supplying quick cash when they need it. Ziploan is currently available in Delhi NCR, Lucknow, Indore, and Jaipur.  Features of ZipLoan Business Loan   The Ziploan Business Loan can be used to meet the business's working capital needs, inventory build-up, funds for day-to-day activities, and to pay critical bills and wages. A company may also get money to upgrade equipment, buy new machinery, and repair old and outdated machinery, among other things. You receive funding for all of this, which enables you to start your company.  Loan amount: Small Business Loans are available in amounts ranging from one lakh to five lakhs, depending on the business's eligibility and needs.  Repayment tenure: Repayment duration is flexible, ranging from 12 to 24 months.  Collateral Security: This is an unsecured loan, so there is no need to put up any collateral.  Interest: Depending on the credit score of the company and the business owner, interest rates vary from 23 percent to 29 percent a year (on reducing balance).  Zip Score: Ziploan does not use the CIBIL Score to determine a borrower's creditworthiness. They do, however, have Zipscore, which is a comprehensive credit rating system.  Processing Fee: A processing fee of 3% of the loan amount is charged.  Pre-Closure and Part-Payment Costs: There are no pre-closure or part-payment charges.  Why are people choosing ZipLoan Business Loan?   Small business owners choose ZipLoan to solve their fundamental issues of availability. Some benefits that help the user to for using ZipLoan includes:   It is a technology-enabled lending network that provides real-time funding.  The method of lending is characterized by its pace and simplicity.  Simple paperwork is needed.  The interest rate on the business loan is competitive.  There are no additional fees.  They don't need a company's or firm's balance sheet to determine eligibility.  The entire process of obtaining a Business Loan is completed electronically, and the customer is not required to meet in person to obtain loan approval.  Eligibility Criteria for ZipLoan Business Loan   ZipLoan uses the following parameters to assess the loan eligibility are as follows:   The Ziploan Business Loan is available to self-employed professionals and non-professionals, proprietorship and partnership firms, and limited companies.  A minimum turnover of ten lakhs is required.  For amounts greater than 2.50 lakh, the previous year's ITR must be filed.  Either a residential or commercial property should be owned by the owner.  The company location should not be the same as the apartment.  The company should have been in operation for at least two years.  The creditor must have a Zipscore of at least 70. Ziploan uses a one-of-a-kind credit rating system.  The applicant must be over the age of 25.  Documents ZipLoan Business Loan   The following documents are required for ZipLoan Business Loan are as under:   PAN Card  IT Returns after 2 Years  Proof of Business Address  Proof of Address at Home  Current 12 months' bank statement  How to apply for the ZipLoan Business Loan app?   While applying for the ZipLoan Business Loan app, there are some following steps which are listed below:   The Google Playstore is where you can get the Android version.  Complete and apply the online business application form with accurate details.  To expedite the processing of needed documents, upload PDFs of them.  Their agent will process the documents and submit email and SMS updates on the status. You may also apply for a Ziploan via Afinoz and receive free loan assistance. We work with creditors before the funds are transferred to their accounts.  How to increase the ZipLoan Eligibility?   A Good Credit History: A good credit history is needed to obtain bank loans. Always pay off your credit card bills and loan EMIs on time, particularly if you plan to take out more credit in the future. A strong credit history raises the credit score and lowers the lending institution's chance of default.  Loan Tenure or Period: In the beginning, choosing a longer loan tenure is preferable because it lowers the monthly EMI payment. Part prepayments may be used to reduce the loan term later, depending on the cash flow of the company.  Credit Worthiness: The CIBIL Score is a scale that is used to assess a person's creditworthiness. As a result, you can still keep track of your credit score. For Ziploan business credit approval, a credit score of 700 or higher is needed. Your Zipscore, on the other hand, would be taken into account by the lender.  Factors affecting ZipLoan Business Loan App  Increased Unsecured Loans- It's important to strike a balance between secured and unsecured loans. An excessive number of unsecured loans indicates the applicant's inability to secure funds. As a result, having a larger number of unsecured loans will lower your credit score.  Multiple Loan Applications- Visiting various banks in search of a loan would show up on your credit report as loan inquiries. If there are so many of these inquiries, the credit score will suffer.  Delayed Payments- Maintaining a high credit score requires prompt repayment of credit card balances and current loan repayments. If you miss payments on your bills or loan payments, your credit score will suffer, making it more difficult to get a loan approved.  Credit Limits- A credit card is a mechanism that can be used to make high-end transactions when cash is not readily available. It can only be used sparingly and never for anything and anything. If one draws a line up to 60% of credit card use, the credit score would speak for itself. Using the credit card to the full limit or above would lower the credit score.  Conclusion   The above information helps you to get the complete information of the ZipLoan Business Loan app for availing business loans at a low interest rate than other applications available in the market. You can also apply for a business loan through Afinoz.      

The cost of running a business is sometimes higher than what we expect. In those times, if you need additional funds, there is no better option than business Micro loans. These loans are quickly processed, do not require collateral, and have a flexible tenure.   In this short post, we will explore some business loans that could help you out. The lenders are reliable, have trust in the market. After reading about them, you can choose one of them to get the loan.   IDFC First Bank Business loan  IDFC First bank is one of the primary banks in India offering a business loan. It offers Micro loan, unsecured business loan and many others.   IDFC First Bank offers a loan amount from Rs 3 lakhs to Rs 75 lakhs.   The IDFC Business loan interest rate is 19% onwards  P.A  The loan tenure is from 1 year to 5 years.   The processing fee is up to 3.5% of the loan amount.   The pre-closure is allowed after 6 EMIs at 4% or 5% charge of the outstanding loan amount.   It does not require collateral.   Lendingkart Business loan  Lendingkart business loan especially focused on MSME and SME businesses. The Micro loan is aimed at providing easy access to finance to entrepreneurs.   Lendingkart offers a loan amount from Rs 2 lakhs to 2 crores for eligible SMEs.   The business loan rate of interest is from 15% to 27% per annum.   The loan repayment tenure is up to 3 years.  The pre-payment charge is NIL allowed after 6 EMIs.   The penal interest rate is 2% monthly.   The processing charge is between 1% to 2%, a minimum of Rs 1000.  It does not need collateral.   Bajaj Finserv Business loan  Bajaj Finserv Business loan is focused on all-around requirements. Whether you need to buy new machinery equipment or need a customized Micro Business loan, it Is available.   Bajaj Finserv offers business loans amount up to Rs 45 lakhs.   The business loan interest rate starts at 18% per annum.   The loan tenure is up to 1 year to 4 years.   The processing charge is up to 3% of the loan amount.   The pre-payment charge is allowed after 6 EMIs been paid.  The prepayment charge is 4% of the principal loan amount.  The penal interest is 2% monthly.   Now, we have explored the basic details. It is essential to know to figure out which one you would prefer. Let’s move on to the eligibility criteria.   IDFC First Bank Business loan eligibility criteria  The applicant age should be between 23 years and 68 years/   Self-employed individuals, partnership firms, or sole proprietors are eligible to apply for its business loan.   The business should be running for a minimum of 3 years.   Eligibility criteria for Lendingkart Business loan  Any partnership firm, private ltd company, LLP is eligible to apply.   The age should be between 21 years and 65 years.   The business should be established and running for at least 3 years.   The business turnover should be a minimum of Rs 10 lakhs.  The applicant should have a minimum of 2 years of work experience.   The applicant should have an ideal CIBIL score.   Bajaj Finserv Business loan eligibility criteria  Self-employed professionals, sole proprietorship first, private ltd companies, trusts, and societies are eligible to apply for this Micro loan.   The applicant's age should be from 25 years to 55 years.   The applicant should have at least 2 years of work experience.   The applicant venture should be running for more than 3 years.   The applicant should have filed ITR for at least 1 year.  The applicant should have a good credit score  Required documents for these lenders business loan   The documents mentioned are the basic ones. Every lender will need them when you apply for their business loan. They may or may not ask for additional documents.   Loan application form  Passport size photographs  Identity proof – Aadhar card, PAN card, Driving license, Voter ID card  Address proof - The electricity bill, utility bill, telephone, bill,    Business existence proof  Business ownership documents  Bank statement   Income statement  ITRs  Memorandum of Association  List of shareholders and directors Documents for any other documents   Again, a lender might require additional documents.   Comparing these lenders business loan with other lenders  Here is a list of few other lenders Business loans with interest rates and processing fees.   Bank  Business Loan Interest Rates  Processing Fee  SBI Business Loan  11.20%  From 2% to 3%  HDFC Bank Business Loan  15.65%  from 0.99% to 2.50%  ICICI Bank Business Loan  16.49%  from 0.99%, Up to 2%  RBL Bank Business Loan  16.25%  1.80-2.20%   Tata Capital Business Loan  21.00%  From 1.50% to 2.50%  How to apply?   So, we have three promising lenders, IDFC First bank, Lendingkart, and Bajaj Finserv business loan. To apply, you can download their respective app from the Google play store or visit their website. The instruction are simple, clear, and quick to follow.   Conclusion  These lenders offer a reliable Micro loan, which you can, utilized to run or start a business. However, as a precaution, you should read the loan documents before you finally sign on them.  

There are plenty of personal loan providers to choose from. And while this has provided loan applicants with more options to choose from, it has also made it more difficult to choose the best personal loan lender for them. To make things a little easier for you, in this article we'll talk about Bajaj Finserv personal loan, one of the most well-known and well-respected personal loan lenders in the sector who also caters to almost all of the loan seekers need.    Life can be described as a journey full of surprises; often we love and enjoy them, but there are other times when they cause us anxiety. A personal loan from Bajaj Finserv can be considered the best and most suitable choice in this situation.  Unsecured Loan: Bajaj Finserv's loan is an unsecured loan, which means there is no collateral or guarantor needed to secure the loan. Both salaried and self-employed borrowers may apply for a personal loan from Bajaj Finserv.   Flexible Repayment Period: Personal loans from Bajaj Finserv have a 5-year flexible repayment period. A personal loan with a flexible repayment period and low monthly payments are available to you.   Perfect for Emergencies: We budget our monthly and annual expenses, but there are periods when unexpected financial obligations arise. A personal loan from Bajaj Finserv might be the ideal solution to meet your immediate cash needs. Another advantage of applying for a personal loan from Bajaj Finserv is that you do not need to explain why you are taking a personal loan to someone.   It Saves Time: You want fast cash, and Bajaj Finserv provides it to you flawlessly.   Flexible repayment tenure: Bajaj Finserv provides a flexible repayment tenure of up to 60 months, allowing you to select the best fit and most convenient loan repayment tenure for you. As a result, you would not need to change your needs during the tenure because they can be changed according to your needs and convenience.   Managing the Loan Online: As previously mentioned, a personal loan from Bajaj Finserv can be obtained via online loan processing, which has given great convenience to the loan seeker with features such as online loan management. For example, if you applied for a personal loan in Gujarat and then relocated to another city, you can easily manage and monitor the status of your loan from wherever you are.   Easily accessible: Bajaj Finserv has been providing financial services for nearly a decade. It has spread its influence all over the place during this period. Especially with the advancements in online loan processing technology.   Enhanced Convenience: Bajaj Finserv's loan online services have made it easier for you. It's as simple as filling out the online loan application form, attaching all relevant documents, and ensuring that you meet the Bajaj Finserv credit score eligibility criteria.   Multi-Purpose Loan: A Bajaj Finserv personal loan can be used for a variety of purposes, such as purchasing a two-wheeler or a four-wheeler, paying off wedding expenses, and so on.    Criteria for applying for a Bajaj Finserv Personal Loan  The applicant must be a salaried employee with a steady stream of income.  A personal loan from Bajaj Finserv is also available to self-employed and salaried applicants.  To be eligible for a Bajaj Finserv personal loan, the borrower must be at least 23 years old and no older than 60 years old.    Here are a few tips to help you improve your loan eligibility.  Choose a longer repayment period In general, if you want a longer repayment period, your loan eligibility improves significantly. That a longer-term demonstrates the willingness to repay a loan for a certain period in the future. To prepare your EMIs and make an educated decision, you can always use the online personal loan EMI calculators.    Keep a high credit score If you have a good credit score for a long time, lenders would see you as a reliable applicant rather than a risk.    On-time payment of credit card bills When it comes to making payments, timely payment of credit card bills portrays you as a disciplined creditor in the eyes of the lender. This will help you become more qualified and have a positive effect.    Rental Income (Residential or Commercial) When applying for a loan, having an additional source of income in the form of rentals is a positive addition to your current financial situation.    Bajaj Finserv Personal Loan Documents Needed  A copy of your passport/Voter ID card/Driving license/Aadhaar card,  A completed personal loan application form.  Address evidence (copies of passports, voter ID cards, driver's licenses, and Aadhaar cards).  A bank statement from the previous three months (Passbook of the past 6 months).  The most recent pay stub.  A salary certificate with the most recent date.  16th Form  Returns on investment    Conclusion:  Lastly, availing of a personal loan from Bajaj Finserv is much easier as it comes with easy eligibility criteria in a short time. 

A personal loan is one of the few loan types that does not require you to provide any collateral to the lender. It is beneficial to those who need funds in the event of an emergency. In this region, Fullerton India is very aggressive. Let's take a look at some of the main features of a Fullerton India personal loan.  Fullerton Personal Loan Benefits  With a strong presence in both rural and urban areas of India, Fullerton works to provide complete financial solutions. By making Fullerton India personal loan processing easier, they hope to provide financial assistance while maintaining high ethical standards. The borrowers will take advantage of a variety of features and benefits offered by Fullerton's loan. The following are some of the benefits of a Fullerton India personal loan:  A short, fast, and hassle-free loan process is provided with the bare minimum of documentation.  The Fullerton India personal loan comes with a 5-year flexible repayment period. Fullerton India personal loan can be used for a variety of items, including car purchases, higher education, dream marriages, debt reduction, and even a lavish holiday.  Based on eligibility, a maximum loan sum of Rs. 25 lakhs can be obtained from Fullerton India. If an applicant is a current Fullerton client, he or she may be eligible for additional benefits.   Fullerton India Personal Loan Interest Rate  The Fullerton India personal loan interest rate is much higher than other loans because it is an unsecured loan. The interest rate on a Fullarton India personal loan is adjustable, starting at 12.99 percent for salaried customers. The rate of interest offered varies depending on a number of factors, including Fullerton's policy at the time of application and the applicant's profile and needs. Personal loan interest rates at Fullerton India are one of the highest value rates available to meet the needs of customers at various stages of life. After six months of operation, the borrower with a Fullerton India loan has the option of prepaying the loan.  As previously mentioned, the interest rate you will be charged for a personal loan from Fullerton India will vary depending on a number of factors, one of the most significant of which is your employer (for whom a borrower is working). If a borrower is self-employed and has a technical degree in the same sector, he or she may get a personal loan at a lower interest rate than a businessman.  The ability to obtain a Fullerton India personal loan is also influenced by credit history and credit score.    Documents Needed for a Fullerton India Personal Loan   The documentation requirements vary depending on a number of factors. The following is a list of generic documents that an applicant must send in order to be considered for a Fullerton India loan:   Identity Evidence  Proof of Residence  Processing Fee Cheque  Last 3 months' pay stubs Statements of Accounts A borrower must apply a payslip, as well as income proof such as bank statements and the most recent Form-16 for salaried borrowers. Profit and loss account statements, as well as a balance sheet for self-employed individuals. ITR for the previous three years    Methods for obtaining a Personal Loan with a Low-Interest Rate   Keep a good credit score. Full repayment of all prior loans Rental Income (Residential or Commercial) Pay your credit card bills on time. Fair Variable Pay    Let's take a look at these suggestions in more detail.   Maintaining a high credit score is important.  If you maintain a high credit score over time, lenders will view you as a trustworthy borrower rather than a risk.   Collection of Credit Card Bills on Time  When it comes to making payments, regular payment of credit card bills represents you as a disciplined and responsible applicant for a personal loan.   Rental Income (Residential or Commercial)  If you rent a residential or commercial home, the rent you receive from it is known as rental income, and it can help you qualify for a low-interest personal loan.   Eligibility for a Fullerton India Personal Loan is based on a set of conditions.   Employment: Applicants must be either self-employed or salaried employees of a private or public-sector organization (including central, state, or local bodies).   Age: At the time of registration, an applicant's minimum age should be 21 years old and the maximum age should be 60 years old.   Job Experience: A borrower must have at least two years of work experience and must have worked in the same company for the previous year.   Income: An individual must have a net monthly income of Rs. 15,000 to be considered.   Conclusion:  Before applying for a personal loan, it is always a good idea to carefully consider all of the considerations and associated costs. Apart from the interest rate, there are also other expenses that can be associated with a personal loan. 

Whenever a financial emergency occurs, the first thing a person thinks about is money. But, how to make sure there is no shortage of funds to tackle the situation. In these situations, one would contact friends and family to seek assistance. However, they may or may not be able to lend a hand.  In case they are unable to help, the person has to think of other options. One of those options is taking an instant personal loan. But there are so many lenders, a borrower would quickly get confused in choosing a reliable lender. This is why we brought the two best lenders.    The two lenders are Shubh Loans and EarlySalary loans.  We will begin with the Shubh loan.    Shubh loans  Shubh Loans, a financial platform created by experienced bankers, has become widely popular. The aim of the app is straightforward. They are providing borrowers with instant loans to tackle any financial situation with quick credit available. If you need the money to hurry, Shubh loans should be your go-to lender.    The loan is available based purely on the borrower's credit score. There is no need for collateral to get the loan. It requires minimal documents and has transparent processing.    Shubh Loans offers an instant personal loan from ₹25,000 to ₹5,00,000.   The interest rate begins from 26% to 44%, depending upon the borrower's credit score and the loan repayment tenure.  The loan tenure is from 6 months to 4 years.   The eligibility criteria for Shubh loans  The borrower's age should be between 21 years to 60 years.  The borrower's minimum salary should be at least ₹12,000 per month.  The borrower should be working in the current organization for at least 3 months.  Documents needed to apply   Passport size photographs  Aadhar card   PAN Card  Form 16 and salary slips  Address proof document  Bank statement for the last 6 months  How to apply for a personal loan at Shubh loans?   First, head to the google play store to download the Shubh loans app.   Sign up on the app with your mobile number.   Fill out the application form.   Upload a photo of the PAN Card  Upload the necessary documents.   Once the details are verified, you will be able to apply for the loan. After applying, it will take 1 to 2 working days to process the loan.   The first part of Early Salary instant personal loan vs. Shubh loans is completed. Now, let's move on to the second part, checking out the Early Salary loan details.    EarlySalary instant personal loan   EarlySalary personal loan is focused on those people who are waiting for their salary. It is a smartphone-based lender offering the loan via the app.  Early Salary motto is to ensure that the borrower's life is uninterrupted, expressive, and happier with their personal loan.  For a ₹10,000 loan, the rate of interest would be ₹9 a day.   Earlysalary offers a personal loan from ₹8,000 to ₹2 lakhs.    The rate of interest begins at 2% to 2.5% monthly.   The loan repayment tenure is from 90 days to 1 year.   The processing fee is from 0% to 4% of the loan amount.   There is no pre-payment charge. The interest rate is only on the usage amount.   The eligibility criteria for EarlySalary instant personal loan   The borrower should be an Indian citizen.   The borrower should be a salaried individual or self-employed professional.  The minimum borrower age should be at least 23 years old.  The borrower's minimum salary should be at least ₹25,000 per month.  Documents required to apply?   Passport size photographs  Identity proof (Aadhar card, PAN Card)   Address proof (Rent agreement, electricity bill)   Bank statement and salary slips for the last 6 months  Why should you choose an EarlySalary personal loan?   Early salary does not restrict the usage of the loan.  There is no need for collateral.   The repayment terms are flexible.   It requires minimal documentation.   How to apply for an EarlySalary loan?  First, download the official EarlySalary app.  Sign up, fill up the required details.   Once it is approved, upload the necessary documents.   After verification, the loan amount is available.  The Earlysalary is for those who are waiting for the payment to get credited. When the salary comes, they could repay the loan. Both parts of Earlysalary instant personal loan vs. Shubh loans are now completed. You have read about both of them. It is up to you, Which lender will you choose?  

There is a large number of banks and financial institutions that offer personal loans at attractive interest rates and flexible repayment tenures. The biggest demand for Personal Loans is for their low-interest rate. However, top banks offer personal loans in Mumbai. You can also check out the personal loan interest rate which starts from 10.75% offered by HDFC Bank or Kotak Mahindra Personal Loan interest rate starts from 10.50%.  Benefits of personal loan in Mumbai  A personal loan in Mumbai comes with numerous features and benefits which are offered to the applicants when they apply for a personal loan. Some of the features are as follows:   Get approved instantly.   Get the amount within 24 hours after the verification process of your documents, thus you can get the personal loan disbursed easily.   The applicant can easily borrow money as they need to repay it when the applicant can Flexi loan facility.   It helps to meet your eligibility criteria for a personal loan and submit your basic documents to avail of the loan.   Best personal loans in Mumbai   Here you will find top banks offering personal loans in Mumbai at low-interest rates, flexible tenure period, and loan amount according to the customer’s requirements.   Bank Name   Interest rate   Loan amount   Loan tenure   HDFC Bank   10.75% up to 21.50%  Up to Rs. 40 lakhs   1 year to 5 years  Tata Capital   11.25% up to 2.75%  Up to Rs. 20 lakhs   1 year to 6 years   PaySense   18% up to 36%  From Rs. 1 lakh up to Rs. 5 lakhs  Up to 5 years   Kotak Mahindra Bank   10.50% up to 16.99%  From Rs. 50,000 up to Rs. 25 lakhs.   Starting from 1 year to 5 years  Citibank   10.50% up to 17.99%  Up to Rs. 30 lakhs   From 1 year to 5 years   Yes Bank   20% up to 22%   From Rs. 50,000 up to Rs.2 lakhs  From 1 year to 3 years   Aditya Birla Capital   11% to 13.75%   Up to Rs. 30 lakhs   From 1 year to 5 years   ICICI Bank   10.99% up to 16.25%  Up to Rs. 20 lakhs   From 1 year to 5 years   IDFC Bank   12.50% up to 18%   Up to Rs. 2.5 Lakhs   From 1 year to 4 years   Fullerton   11.99% up to 25%   Up to Rs. 25 lakhs   1 year to 5 years   Now, if we discuss Mumbai then, the leading cosmopolitan metropolis city, which is also a state of Maharashtra offers a personal loan to their customers for higher education, home renovation, wedding planning, and more. If you need to get financial assistance for your personal purposes then, a personal loan is available in the city of Mumbai at attractive interest rates.    Documents required for a personal loan   Here is the list of some generic documents required for personal loan users:   There must be a photo ID and age proof is submitted for the documentation process.   The application form must be signed with a photograph.   The residential proof is submitted.   The last 6 months’ bank statement must be attached.   Documentation for salaried employees:  Last 3 months’ salary slips   Form 16 or Income Tax Returns   Documentation for self-employed individuals   Submit last 3 years Income Tax Returns with computation of Income.   Submit last 3 years CA Certified/Audited Balance Sheet and Profit & Loss Account.   Mumbai Personal Loan Interest Rates   Interest Rate (Monthly reducing balance)  13.49% - 34%  Processing Fees  0.5-2.5%  Loan Tenure  1 year to 5 years  Pre-closure Charges  2% - 5%  Guarantor Requirement  No guarantor required  How to get a personal loan at a low-interest rate in Mumbai?  The interest rate is decided by the lender on the personal loan amount after considering several factors. These days, the market condition, banking trends, and the interest rates offered by lenders. Some of those factors in fixing personal loan interest rates. However, applicants can follow some essential steps to make sure they can get the lowest interest rate:  Clearing existing debts: It can be easy to clear off your existing debts before applying for a personal loan. If you are having less debt, it improves your creditworthiness and portrays you as a responsible borrower according to the lender.   Get a co-signer: Your monthly income is an essential part of deciding the interest rate on personal loans offered to individuals. It considers by adding your spouse or a family member as a co-signer on a personal loan. It increases the income and your repayment capacity and gets a low-interest rate.   Clear your credit card bill: Consider paying off the outstanding amount on your credit card. If you are unable to pay the full amount, try to make a partial payment.  Conclusion:   The above-listed information will help you to compare and choose the bank for applying for a personal loan. You can also check the loan amount, tenure period, interest rate, and essential documents required. Choose the best personal loan offered by banks and NBFCs such as HDFC Bank, Tata Capital, Citibank, Yes Bank, Aditya Birla Capital, ICICI Bank, and IDFC Bank for a personal loan.  

Today the banks and lending companies have started providing the best business loans in the form of various types of secured and unsecured. As per the requirement of borrowers, they are offering various types of secured and unsecured options. The borrowers have many choices to choose from, but one of the most reliable and beneficial options is the Kotak Mahindra Bank Business Loan procedure. With the help of this procedure, the borrowers can easily get a suitable Kotak Mahindra Bank business loan.  Kotak Mahindra Bank Business Loan Interest Rate  First of all, you should know that a total business loan is the best type of loan that can be obtained by the borrower. Besides the fact that it provides a higher amount of money than any other type of loan, it is also the secured one. In other words, the total borrower has to pledge his or her property as collateral to the lender. But if you are ready to place your property for collateral, then you will get the best deal.  Loan Amount  Starting from Rs. 3,00,000/- up to Rs.75,00,000/-  Tenure  Starting from a minimum of 12 months to a maximum of 60 months  Kotak Mahindra Bank Business Loan Interest Rate  Starting from 11% up to 18%  Loan Processing Charges applied   Up to 2% of the loan amount  Prepayment  No pre-payment permitted until repayment of 12 EMIs  Pre-payment charges  5% of Principal Outstanding loan amount as per reducing balance method on the date of repayment  Charges for late payment of EMI  3% of Overdue Amount, compounded monthly    Benefits of Kotak Mahindra Business Loan   A business loan is starting from Rs. 3 lakhs up to Rs. 75 lakhs.   The Kotak Mahindra Bank loan procedure is simple and easy.   A business loan with no collateral.   A business loan with quick approval and hassle-free processing.   Business loans are offered with flexible repayment options.  Applicants can get doorstep services from here.   The loan package that you will get will be beneficial to your business because of the reasonable interest rate and the long repayment duration.   The repayment duration will also be in your favor as you will be easily able to pay off the loan amount.  Eligibility criteria of Kotak Mahindra Business Loan   If you planning to avail of a business loan then, browse Kotak Mahindra business loan with certain points mentioned below:   The applicant should be a minimum of 25 years and a maximum of 65 years at the time of loan maturity.   The borrower has to be in business for the last 3 years with a minimum turnover of Rs. 40 lakhs.   The business must have generated profit for a minimum of 1 year.   The borrower should be a sole proprietor/ partnership firm/ Private Ltd. Company/ Trust/LLP involved in the business of manufacturing, trading, or services.   Documents required for Kotak Mahindra Business Loan   Once you are getting prepared for the loan application, you should gather all the necessary documents.   You have to provide details about your current income, employment, and financial standing.   You also have to provide some information related to your business and the loan amount.  Besides all these documents, you also have to submit some papers related to your business.  These papers will help the loan officer in understanding the nature of your business.   How to apply for Kotak Mahindra Business Loan?   If you want to apply for Kotak Mahindra Business Loan, you can apply for a loan through the online process. Now, there are a number of ways in which you can apply for a Kotak Mahindra Bank Loan and get the loan approval easily. Following are the ways to apply for the loan:   One way is to apply through the online method.   In this method, you have to fill an online application form which is quite easy and simple.   All you have to do is just click on some buttons and you will soon be receiving the application email from the loan company.   Once the email is received, you just have to visit the particular site of the lender where you have applied for the loan and sign the loan.  Conclusion:  You can also go for the telephonic method. In this method, you will have to give a phone call to one of the authorized people in the Kotak Mahindra company and then the lender will call you back. This is considered to be quite a convenient and fast way to obtain a Kotak Mahindra Bank Loan. The lender will inform you about all the necessary details of the loan. After this, you just have to sign an agreement and you will be able to access the money that you need for your business. For more details contact Kotak Mahindra Customer Care Executive or visit the official site of Kotak Mahindra.     Read More: Fast Cash with the Help of MoneyTap Personal Loan    

You will not find it hard to avail SBI doctor loan. This is one of the most trusted banking products in India. The lender will never fail to offer you the best interest rates and best loan terms. SBI has many loan products that suit your needs. We will get to know the best of SBI Doctor loans vs HDFC doctor loans.  Let’s begin with SBI. There are several advantages of approaching SBI for doctor loans. It gives you maximum flexibility and convenience. You can apply for an SBI doctor loan online as well. The online method is more convenient, faster, and saves your time. Interest Rate 11.20% Processing Fee 2.00% - 3.00% Loan Tenure 12 Months - 48 Months Loan amount Up to Rs 15 lakh Features of SBI Doctor Plus Scheme State Bank of India offers straightforward loans to professionally qualified doctors, holding a degree, and the ones UN agency are wanting forward to fix a replacement clinic or look to get new medical instrumentation for the prevailing set-up and numerous different functions. Here are a number of the key options of the Doctor and Scheme;  Maximum quantum of loan up to ₹ five crores.  Flexible reimbursement tenor ranging from three-seven years Card facility out there Increased quantum for Corporate/Partnerships/Individuals Repayment supported money accruals of the set-up  Applying for a doctor loan through online mode is very easy. You just need to fill and submit the application form with some of your necessary details. Your personal, as well as your professional information, will be taken into consideration by the lender. After collecting all the required details from you, the lender starts the process of loan sanction. At the same time, the SBI lender also takes some essential steps that enable the safe and quick processing of your application.  The Eligibility Criteria Age: Min 21 years and Max 65 years Job Stability (Years) 2 Years Minimum Credit Score  650+ Loan Amount ₹ 5 Lakhs to ₹ 15 Lakhs Loan Tenure 12 Months to 48 Months Interest Rate 11.20% to 16.60%   There are various factors, which determine the rate of interest for a doctor loan. One of the major factors is the loan amount. A higher loan amount means a higher rate of interest. In this way, it is advisable to consider your immediate financial requirements before you go shopping for an SBI lender. So, take your time and go for the best deal available for you. SBI doctor loan can be used for any of your requirements. You may need it to meet various expenses including medical treatment. As per your requirement, you can choose either a fixed or variable rate of interest. Fixed-rate of interest will be the same throughout the loan.  Whereas the variable rate of interest changes according to current market trends. This is the first SBI doctor loan vs HDFC Doctor loan. Now, let’s check out the next.  HDFC Doctor Loan HDFC Doctor Loan Eligibility is that the quantity of loan you'll be able to avail supported Associate in Nursing assessment of your reimbursement capability also as your financial gain. it's vital to calculate eligibility for a loan from the bank. you'll be able to calculate your loan eligibility mistreatment the My Loan Care Doctor Loan Calculator to urge a reasonably correct estimate of your potential eligibility subject to the knowledge provided by you. You can additionally use the on-line HDFC Doctor Loan Calculator to calculate loan EMIs. EMI may be a fastened quantity that you just ar needed to pay monthly towards the reimbursement of your loan until the tip of tenure.  The EMI calculator helps you to calculate your monthly EMI at a completely different rate of interest and additionally check and compare the lowest EMI per large integer on loan to doctors. SBI doctor loan vs HDFC Bank Doctor Loan application depends upon multiple factors like loan quantity, rate of interest, and loan tenure: Loan Tenure 12 Months - 60 Months Loan Amount ₹ 50,000 - ₹ 50 Lakh Age 25 Years - 65 Years Part Prepayment Charges Not Allowed Pre- Closure Charges 2%-4% foreclosure charges Interest Rate 12.50% onwards Processing Fee 0.99% - 2.50%  HDFC Doctor Loan Eligibility Criteria Age: Min 25 years and Max 65 years Job Stability (Years) 1 Year Minimum Credit Score 650+ Loan Amount ₹ 50,000 lakhs to ₹ 50 Lakhs Loan Tenure 12 Months to 60 Months Interest Rate 12.50% to 15.65%  Documents Requirement Filled Application Form Identity Proof - Passport, Driving License, PAN Card, Banker’s sign verification Qualification Proof - Graduate or Post Graduate qualification certificate, IMA (Indian Medical Association) membership number, or any other registrations allowed by the Indian Government Filled Application Form How to apply for an SBI Doctor loan or HDFC doctor loan?  Check your banking concern of Bharat Doctor loan eligibility with the private loan eligibility calculator at its official website. fill during a kind which needs straightforward details and find a definite and correct assessment of your consumer loan eligibility in but a second Check your banking concern consumer loan EMI. This can permit you to urge details relating to the quantity you'd got to pay monthly because the reimbursement of your loan ou can conjointly check the small print regarding the essential demand of documents for your Doctor and theme application. Whether or not you're a salaried doctor or a self-practitioner, applying with the right set of documents can enhance your possibilities of obtaining your loan approved within the least doable time Conclusion Both SBI doctor loan Vs HDFC doctor loan is also beneficial for the graduate as they can finance their education at lower rates of interest and can opt for a repayment option after completing a doctorate degree. You can also get an SBI doctor loan for your child through the parent loan program.

A personal loan for a pensioner is a great option for a person who is looking to have extra cash despite their low salaries. Personal loans for pensioners are also known as personal unsecured loans or personal loans.  They are available in two forms, secured and unsecured. A secured personal loan is one in which collateral is required to obtain the loan. An unsecured personal loan is one in which there is no collateral. There are several reasons why people apply for personal loans for a pensioner. First, most people who retire do not have a savings account. Therefore, they require money to meet certain basic requirements such as clothing, food, and housing.  Another reason for applying for a personal loan for a pensioner is that the interest rates on such loans are usually low. Also, some lenders will waive the closing cost or processing fee. Now, let’s; look at two lenders' details.  PNB Personal Loan Scheme for Pensioners The personal loan for pensioners from PNB  bank is obtainable to senior voters drawing pension via a PNB account. The loan quantity may be accustomed meet emergency medical expenses of pensioners likewise as alternative monetary necessities. Eligibility All pensioners drawing pension via any PNB branch Quantum of Finance Minimum – Rs. 25,000   For pensioners aged up to 70 years: Rs. 10,00,000 or 18 times the net monthly pension (20 times the net monthly pension for defense pensioners) For pensioners aged from 70 to 75 years: Rs. 7,50,000 or 18 times the net monthly pension (20 times the net monthly pension for defense pensioners) For pensioners aged above 70 years: Rs. 5,00,000 or 12 times the net monthly pension Processing charges Zero Documentation charges Rs. 500 + GST Rate of Interest Base Rate + 2.5% Security/Collateral Guarantee of earning children, spouse eligible for family pension or third-party guarantee Repayment Tenure Maximum of 60 months-for pensioners aged above 75 the maximum repayment tenure is 24 months Central Bank of India personal loan for pensioner It’s a personal loan scheme from the Central Bank of India for pensioners. It’s available both as a term loan and an overdraft facility.  Eligibility All pensioners/family pensioners drawing pension via any Central Bank of India branch. Pensioners who receive their pension via the Treasury or DPDO (Defence Pension Disbursing Office) Pensioners receiving a pension from the Central Bank of India. Loan amount For pensioners aged up to 75 years: 18 months pension to a maximum of Rs. 5 lakhs For pensioners aged above 75 years: 12 months pension to a maximum of Rs. 2 lakhs  The applying process Applying for a personal loan for a pensioner is simple. First, the applicant fills up an application form with the lender. The form may be obtained from the personal loan website or from any bank, where one has an account.  Lenders will generally request a couple of personal details. These include the personal identification number (PIN), age proof, social security number, employer and payroll records, bank account details, and source of income. Next steps Once these details are received, the loan process is easy. A personal loan for a pensioner is granted in just a few hours. If necessary, personal loans can also be faxed directly to the lender. Some online lenders even offer a self-direct deposit facility so that the borrower will never miss a payment. When applying for a personal loan for a low salary it is important to ensure the details submitted are accurate. This ensures the money is not stolen and the loan is not misused. It is advisable to ensure that the information is correct and complete before submitting it for approval.  Some websites will offer an online feedback service for clients who have applied for personal loans. Users can use this feedback mechanism to report any inaccuracies or omissions. Interest rate, disbarment timeline Even though the interest rate charged on personal loans for a pensioner is normally higher than most personal loans, the amount approved is much faster. Within 24 hours of application, one can usually get a personal loan for a pensioner. Therefore, there is no need to spend more time waiting for days or weeks. One can repay the personal loan in installments. However, a personal loan for a pensioner does require some discipline. One must make all payments on time and keep repaying the loan on time. Delinquent payments can lead to legal action being brought against the borrower. Therefore, one must always repay the loan in full to avoid such complications. Also, one must always be aware of the repayment schedule and pay off the loan early to minimize penalties. What are the advantages?  There are many advantages associated with personal loans for a pensioner. The convenience of the process, the speed at which the loan is approved, and the amount lent at a low-interest rate make personal loans a good choice for those who need personal cash.  Anyone who knows that they may need additional cash in the future will welcome this option. For employers, this is an easy way to ensure that a worker has enough funds to cover unexpected costs. No matter what the reason for obtaining personal loans for a pensioner, one must remember that the loan must always be repaid in full. Will you need collateral?  One of the best things about personal loans for low-salary earners is that they do not carry any type of collateral. This means that there is no risk involved for the lender. They also have very flexible repayment terms so that they can easily be tailored to meet the needs of the borrowers.  This flexibility can mean that personal loans can often be renewed at the end of the repayment period. This is another advantage over secured personal loans, as it is often easier to arrange for renewal with a personal loan than it is with a secured personal loan. Of course, to find personal loans for a pensioner that suit his or her needs, it is important to shop around. Many traditional financial institutions do not offer this type of personal loan. Instead, many online lenders specialize in offering personal loans for a pensioner. These companies tend to be much more convenient and may offer better loan terms than the traditional banks. Therefore, looking online may be the better option if one does not have a lot of options with regards to personal loans for a low-salary earner. Conclusion As with anything, it is important to make sure that one fully understands the terms and conditions that come with any personal loan. In addition to fully understanding the loan agreement, it is also important to look into the interest rate that is attached to the personal loan. This interest rate should be reasonable, especially for personal loans for a pensioner.  The last thing that a pensioner wants is to be paying out more money than he would on investment because of an inappropriate interest rate. This is especially important when one considers how sensitive these funds are