PERSONAL LOAN
CreditKlick offers personal loans from more than 30 banks and non-bank financial institutions suitable for different consumer segments. Consumers can compare key loan features from the best lenders and apply for the best loan option. We have also formed unique partnerships with multiple banks and NBFCs to offer pre-approved/pre-qualified personal loans with end-to-end digital processing and instant disbursement.
Minimal Documentation
The Personal Loan Documentation process at CreditKlick varies from individual to individual. The requirements are based on your profession, income and loan ...
Balance Transfer
Balance Transfer Facility to all existing Personal Loan holders running a successful Personal Loan with an external Bank: with the transfer of the Loan the applicant will benefit.
Minimum Rs50,000 Loan Amount
The best personal loan banks in India for a ₹ 50,000 loans as they offer personal loan at lowest rate of 10.49%.
Personal Loan Eligibility Criteria
The following factors are taken into consideration when a lender goes through your loan application. If you meet these criteria, you are eligible for a personal loan:
| Criteria | Salaried | Self-Employed |
|---|---|---|
| Nationality | Indian Resident | Indian Resident |
| Age | 23 to 62 years | 25 to 70 years |
| Work Experience | 3 years | 5 years of vintage with the current enterprise |
| Minimum monthly income | Rs. 30,000 to Rs. 50,000 depending on the city of residence and age | Rs. 30,000 to Rs. 40,000 depending on the city of residence and age |
- •Employment stability: Minimum two years of work experience in the same job for salaried.
- •Employment Type: Salaried workers work with reputable organisations, MNCs and private and public limited companies, and the government. Organisations, PSUs and large enterprises
- •Credit Score: Preferably 750 or higher as higher credit scores increase loan approval chances
- •Salary: At minimum Rs. 15,000 per month for salaried customers
- •Self-employed professionals must ensure their business operations can continue without interruption for a minimum of two years.
- •Income: At minimum Rs. 5 lakhs per annum for self-employed customers
Document required for a Personal Loan
Keep the following documents on hand when filling the online application form
- •KYC Documents - Aadhar card, PAN card, voter ID card, driving licence or any other government-approved KYC document
- •Address Proof - Documents such as your electricity bill, rent agreement, or passport may be used as proof of address
- •Financial Documents - Bank account statement and other financial documents
- •Employee ID Card
Note - Latest Salary Slip or Form 16, Bank account statement of the last 6 months
HOW TO APPLY
STEP 1
Click on APPLY NOW
STEP 2
Enter your mobile no. and click on 'I have read & agreed to the terms and conditions'.
STEP 3
Click on VERIFY
STEP 4
Please enter OTP sent to your mobile no. and click NEXT
STEP 5
Please enter First Name, Last Name, Email Address, City and click on CONTINUE
STEP 6
Facility to check your Loan status on the go