If you want instant disbursement on the personal loan in Pune, and a low-interest rate, Roopya is the ideal option for you. A personal loan in Pune from Roopya can be the best solution when you are struggling to get cash during times of uncertainty.
The thriving city of Pune is an industrial hub and a home of youngsters. The abundance of metropolitan amenities and blessings of city life, Complements the cultural capital of Maharastra.
To meet all your dreams you might need adequate resources. In such situations, a personal loan in Pune can save you from the desperate need for cash amounts.
How to apply for a personal loan in Pune?
Applying for a personal loan is very easy with Roopya. To apply for a personal loan online, you need to follow the below steps-
- Visit: Roopya
- Go to the “Personal Loan” option and click on “Apply Now” for loan application.
- Then follow the steps accordingly and fill in all the details such as name, address, PAN Card details, phone number, email id, etc.
- After completion, the representative from the respective organization will call you for further verification and other details.
Apply Now: Personal Loan Application Form
Benefits of Instant Personal Loan in Pune
An instant personal loan can meet all your financial needs. While a home loan or car loan can meet the exact requirements, a personal loan can save you from any financial emergencies. We are offering instant personal loan in Pune with low-interest rates.
Quick Ref: Compare Personal Loan Interest Rates
If you are a salaried individual in a corporate sector, your corporate identity number can help you to generate the loan amount instantly. Moreover, if you meet the eligibility criteria you can approve the loan amount even if you are not a Pune resident.
No collateral security
When you are in an emergency and need immediate cash for critical treatment, it is difficult for you to find out collateral against the loan amount. A personal loan is an unsecured loan that offers immediate cash without any collateral.
Requires Minimal documentation
when you open an account in a reputed bank, you need certain documentation. in case, you are applying for a personal loan, the lenders can access your background from the existing documents and offers the loan amount immediately. Basic KYC is enough to apply for a personal loan Pune
Borrowers get Instant approval
Applying for a personal loan in Pune is simpler than opening a bank account. It generally takes 24 hours to get the amount from any financial institution. If you come across any financial crisis, you can simply submit the required documents and apply for a personal loan online.
Easy access to credit
Online personal loan application processing and funding speeds vary, but many money lenders advertise same- or next-day funding. So, if you’re facing unexpected auto repair costs or emergency travel needs, a personal loan may be feasible. However, if you need funds in a hurry, carefully research the entire loan application process.
Offers Low-interest rate
Interest rates on this loan amount, as compared to the repayment of Credit Card or Credit Card Loan is significantly lower. This is especially true in the case of larger amounts.
Has Flexible repayments
You can pay off your personal loan in Pune in easy installments or EMIs. The payment terms are usually flexible, and you can choose a tenure that allows you to optimize your monthly outgo according to your needs. Different Banks offer tenures of 12 to 60 months with EMIs as low as Rs 2,162 per lac.
Quick Ref: Calculate EMI
Why apply for a personal loan in Pune?
If you can afford repayment personal loan is a great boon to meet diverse financial needs. This thriving city poses many challenges and a sudden economic downfall can change your fate upside down. You can ease out your financial burden with us by applying for a personal loan. With such a financial option at your hand, you can fulfill all your dreams and responsibilities quite easily. Because we meet your financial needs with our efficient and hassle-free way of borrowing and lending.
With Roopya, you can quickly get access to funds as we are India’s first app-based private finance center, offering money quickly in the form of personal loan in Pune.
You can use it for almost everything
Personal loan in Pune is a popular financing option. Moreover, it is one of the versatile ways, to provide required financial assistance. Hence, you can use them to cover all your financial needs. So, if you are concerned about the expenses you are going to have for your daughter’s wedding, you can opt for a personal loan. Or, if you need extra money for your small business, instead of borrowing money from your close relatives and neighbors.
Acceptable loan uses might vary by lenders. However, most private finance companies or banks allow borrowers to use the funds for personal purposes. It is expected not to use the personal loan amount in any illegal activities. That’s the reason, some lenders have put certain restrictions concerning the usage of loans. Apart from the exceptional cases, you can use the funds to purchase a home or pay for post-secondary education or to start a new business.
Get competitive interest rates
The most advantageous benefits of personal loans are it offers very low-interest rates flexible loan tenure. Typically, personal loan annual percentage rates range between #% to 36%. I hope you are wise enough to choose the meager amount. However, there are some factors also that impact the personal loan interest rate.
Interestingly, the most competitive rate is reserved for the high potential candidates. Many applicants can qualify for upper-range rates as per their standard credit information. However, if you consult loan specialists they would definitely advise going for a secured personal loan. In that case, you can consider waiting for the approval of the top-quality lenders, to minimize the interest rates.
Get Flexible borrowing limits
Borrowing limits and loan tenure both are flexible for personal loans. The rate of highest borrowing limits varies by bank. However, personal loans are available between 50,000 to 5,00,000. This is the reason, personal loans can be customized to meet the exact need of the applicants. Here, you have to keep in mind that, getting a 5,00,000 loan is comparatively easy than getting the approval of a smaller amount.
Having said that, you should not avoid the interests and other changes (Processing fees). Considering all potential aspects you should go for a reliable institution if you don’t qualify for reputed banks. Alternatively, you can plan to finance small purchases, a credit card may be a better option.
Get first access to cash
Even though the processing and funding speed varies, there are many banks to offer the funds within 24 hours. Hence, if you come across major financial or medical emergencies and want immediate cash in hand, there is no better alternative than a personal loan. Moreover, it also has a feasible loan disbursal process where you can simply apply for the loan online.
Whereas, in the case of other loans, it typically takes 5-6 working days to approve the fund.
A chance to build a good credit score
Hold on, I am misleading you to take a personal loan just to build a good credit score. Well, let me explain the trick. Whenever you take a loan it impacts your credit score (good/bad). If you repay the fund before the tenure you are likely to score well.
Hence, no matter what loan you take (home loan, car loan, or education loan) everything will be recorded in the credit information. So, when you take a personal loan, with its low-interest rates, it is easier for the customers to repay the amount. Hence, it contributes positive numbers to your credit score. Furthermore, next time when you need another loan, the previous records facilitate your journey to approve the loan swiftly.
Check your CIBIL, here.
Get to pay for purchases over time
Lenders are ready to offer a lump sum upfront as personal loans in Pune. Hence, you can use it to purchase or pay off another debt. This helps the borrowers to fulfil their dreams. If you have already spent a large amount on necessary purchases, you can use this strategy to pay off the EMIs. However, it is recommended to not fall into the vicious cycle of loans and repayment. On the other hand, frequent loan actions can impact your credit score negatively.
Documents Required for Personal Loan in Pune
After you check the eligibility criteria, you must also know about the documents to avail consumer durable loan. First, you need to provide the basic details and then you need to submit the following documents:
You will need these documents for age proof or identity proof-
- PAN Card
- Adhaar Card
- Birth Certificate
- Voter ID Card
- Recent passport size photograph
These are the documents that your require for residence proof with your application-
- Driving License
- Voter ID Card
- Electricity or Utility Bills
- Ration Card
For income proof, here are the following documents listed below-
- Latest Bank Statements
- Salary Slips of Past 3 months
- PAN Card or Form 16
- Income Tax Return of past 3 years.
- Audited Balance Sheet of past 3 years.
- Bank Statements of past three years.
Personal Loan Interest Rates in Pune
The interest rate of the personal loan in Pune varies from bank to bank. While the State bank of India offers the lowest interest rate, Yes bank’s interest rate is pretty much high. Of course, you choose the bank or financial institutions that suit your financial capabilities. Let’s take a look at the different banks and their offered interest rates. Additionally, apart from the interest rate, some banks also charge processing fees.
- State Bank Of India (9.60% – 15.65% p.a.)
- ICICI Bank (11.25% – 21% p.a.)
- HDFC Bank (10.75% –
- 21.31% p.a.)
- Yes Bank (13.99% p.a. – 16.99% p.a.)
- CitiBank (10.50% – 17.99% p.a.)
- Kotak Mahindra Bank (10.50% – above)
- Axis Bank (12% – 24% p.a.)
- Bank of Baroda (10.50% onwards)
- Tata Capital (11.25% onwards)
P.S: The processing fee cost from 0.5% to 3%.
If it sounds good to be true, please give us a call and clear your doubts. Or you can simply click here to request a query.
Quick Links: Personal Loan in Bangalore | Personal Loan in Hyderabad | Personal Loan in Gurgaon
How can I get a loan in Pune?
If you want to apply for credit loans or personal loans online, you will have different options to choose from. Ideally, you have fill out the application form and submit the important documents to get the loan approval. If you meet all the eligibility criteria, the money will be credited to your account within 24 hours.
Which bank gives loans easily?
At Roopya, we offer a simple and instant personal loan program. Customers can simply apply for a personal loan from our official website.
Where can I find someone to lend me money?
When it comes to lending money, it is always better to go for a trusted company. A credible organization will always assist customers like you with the lowest interest rates. Lenders demand a few documents ants before they pay the funds.
How can I get a loan from private finance?
If you want to apply for a personal loan from private finance, you need to follow certain guidelines. Once you match all the eligibility criteria given by the private finance, they credit the money instantly.
Can a private employee get a loan?
Of course! If you have a corporate identity number and meet all the criteria of private finance, you will get an easy personal loan.
How much loan can I get if my salary is 20000?
The maximum loan approval rate is up to 5.40 Lakhs if your monthly income is 20,000. However, the amount of loan may differ from one company to another. Any financial institution follows a strict guideline to approve the personal loan amount. You can check our separate eligibility criteria for a hassle-free process.
Which private bank is best for a personal loan?
At Roopya, you will get an optimum opportunity to apply for an easy personal loan. You need to submit the documents required and met the eligibility criteria, to get the approval of the loan amount.
How do I get a mini cash loan?
A mini cash loan is taken for a short tenure. If you need a small amount personal loan immediately, you can request your proposal just by clicking the related links. Submit all the documents required for a personal loan in Delhi and get your approval instantly.
How can I get a 5000 RS loan?
If you are 21 years of age or above, you can request 5000 rs. Instant personal loans. In order to request the loan process, you have to select your employment type and submit the required documents.
Do banks offer unsecured loans?
Yes, many private finance companies and banks do! The process is very simple. You need to provide bank account details and identity proof, salary proof, to get the approval of the loan amount.
How do borrowers qualify for an unsecured loan?
Customers do not require to submit any collateral to avail this loan. Depending on the good credit history and CIBIL score, financial stability, bank statement you will qualify for a loan .
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