Personal Loan in Kolkata

If you are looking for a personal loan finance company Kolkata, below are some of the best options:

• Instant approval, processing and disbursal on personal loan in Kolkata.
• They are multipurpose loans.
• No collateral or security required to be pledged.
• You can apply with a secured loan provider as well as an unsecured loan provider in Kolkata.
• It takes just a few days (a few hours sometimes) to get a personal loan transferred to your bank account.
• You can avail of a high loan amount up to Rs. 40 lakhs 
• The borrowed amount can be repaid within 1 to 6 years of tenure.
• You can avail of a personal loan from NBFC in Kolkata or from a bank.

• You should be an Indian resident, residing in Kolkata.
• You can either be a salaried employee or a self-employed person with a regular and steady source of income to get the best private finance in Kolkata.
• Your age should be at least 21 years (if salaried) and 25 years (if self-employed) when applying for the loan.
• You should not be older than 60 years at loan maturity. The maximum age requirement for self-employed is 65 years.
• For self-employed, most money lenders in Kolkata require the minimum annual turnover of Rs. 15 lakhs and the minimum Profit After Tax (PAT) should be Rs. 2 lakhs as per audited financials.
• Your monthly income should be at least Rs. 25,000 (if salaried) when applying for a personal loan. 
• For salaried applicants, a minimum work experience of 1 year is must, with 6 months served with the current employer. Self-employed applicants should be in the current profession for a minimum of 3 years.
• If you need personal loan in Kolkata, your minimum credit score should be 750 or above.

To apply for a personal loan at private finance companies in Kolkata, you must submit the following documents:

• 2 passport-size photographs.
• Aadhaar Card, Passport, Driving License, Voter ID, or PAN Card (any one) as identity proof.
• Leave & License Agreement, Postpaid Mobile Bills, Electricity Bills, Gas Bills, Passport (any one) as residence proof.
• Bank statements of salary account for the last 3 months if salaried and savings/current account statements of last 6 months if self-employed.
• Salary slips of the past 2 months.
• Last 2 years’ audited financials, proof of business continuity, office address proof and office ownership proof (for self-employed).

Below are the tips to get the lowest interest rate on personal loans from private money lenders in Kolkata or from banks: 

• Do your research to know who is the best loan agent in Kolkata.
• Check different offers and compare their interest rates, charges, tenure, loan amount and other features.
• Apply with a co-applicant with high income and excellent credit score.
• When looking for a personal loan in Kolkata from private lender, look for the lender who charges zero processing fee.
• Get a loan against collateral (if you have any.
• Opt for a shorter tenure to reduce the overall interest cost.
• Lower your credit utilization and debt-to-income ratio.
• Improve your credit score.

• Access our official website and select "Personal Loan" under the Loans tab.
• Log in by entering all the required details.
• Verify your details with the OTP received on your registered mobile number.
• Enter your employment and income details.
• Enter further details and click on the “Submit and View Offers” button.
• Select the desired lender and click on the Econnect button.
• Our personal loan team will get in touch with you to complete the process.