Looking for a reliable personal loan product that can help you achieve your financial goals? Look no further than 1kcr. Our personal loan product is designed to provide hassle-free financial assistance with flexible repayment options.
Loan Amount and Tenure
- Our personal loan product offers loan amounts ranging from Rs. 50,000 to Rs. 1 crore.
- Loan tenure ranges from 1 month to 60 months, giving you the freedom to choose a repayment schedule that fits your needs.
Eligibility
To be eligible for our personal loan product, you must:
- Be an Indian citizen between 21 and 60 years of age.
- Have a minimum monthly income of Rs. 15,000.
- Have been employed for at least 2 years, with a minimum of 1 year with the current employer.
Documentation
Minimal documentation is required to avail our personal loan product, including:
- Identity proof / address proof (copy of passport/voter ID card/driving license/Aadhaar Card)
- Bank statement of previous 3 months (Passbook of previous 6 months)
- Two latest salary slip/current dated salary certificates with the latest Form 16
Interest Rates and Charges
- Interest rates start from 10.0% up to 30%.
- Government taxes and other levies as applicable will be charged over and above the fee and charges.
- Delayed instalment payment charge: Subjective per annum plus applicable government taxes on overdue instalment amount.
- Post loan disbursement charges: Subjective according to the financer.
- Loan cancellation charges: Interest charged from date of disbursement till the date of loan cancellation will be borne by the customer. Processing fee, stamp duty, other statutory charges and GST are non-refundable charges and would not be waived/refunded in case of loan cancellation.
- Rebooking charges: Rs. 2100/- + applicable government taxes.
- Premature closure charges: Applicable on principal outstanding post cooling off/look-up period. Other charges are subjective according to the financer.
Eligible Borrowers
Our personal loan product is available to:
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- Employees of private limited companies
- Employees from public sector undertakings, including central, state and local bodies.
- At 1kcr, we understand the importance of financial stability, and our personal loan product is designed to help you achieve your financial goals. Apply for our personal loan product today and take the first step towards financial stability with 1kcr.