Personal loan 2024: Get the loan amount of rupees 50,000 even with low Cibil score, Check Eligibility & Application Procedure.Personal loan is very important feature of banks and financial companies which is used by their customers in any emergency case or any instant need of money. If your CIBIL score is more than 750 then you will get instant loan from any bank with low interest rates. However many of the customers manage their CIBIL scores and get personal loan usually. But there are few people who are not able to manage their CIBIL score at this time and want get instant loan, So if you are also one of them then you can check the eligibility criteria and application procedure for without CIBIL score or low CIBIL score personal loan to get up to 50000 rupees instantly in this article.
Personal loan 2024 without CIBIL score
Credit information bureau of India- CIBI prepare and manage CIBIL score of the citizens in India. Any bank or financial company check the CIBIL score of the application before providing the approval of the loan application of their customers. The CIBIL score is rent between 300 to 900 and more than 750 is considered good CIBIL score and this customers do not feel any trouble while getting personal loan. But if you have a low CIBIL score which is less than 650 then you may get difficulties. Small financial companies are introducing loan without CIBIL score to their customers which can be accessible through online mode by installing their mobile application in your smartphone.
So if you do not want to share your CIBIL score due to bad status then you can apply in these companies. However CIBIL score is very important factor and impact on the interest rates and loan amount, so these companies are providing up to 50000 rupees instantly by using their mobile applications without showing the CIBIL score, but if you are applying first time on their platform then you will get high interest rates loan ranged between 18% to 38%.
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Eligibility criteria for Personal loan 2024
- The age of the applicant should be more than 21 years old at the time of applying online and should not be more than 60 years while submitting the last EMI.
- Applicant should have a regular source of income either they are working for monthly salary or getting profit through self employment.
- The bank account also applicant should be linked with Aadhar card pan card and mobile number which is using for the registration
- You have to prepare yourself to pay higher interest rate of 38% maximum.
- You are applying for first time then you will get a little amount of loan and once you pay the loan amount the bank will increase loan amount for your application in future.
Important documents for Personal loan 2024
- Aadhar Card of the applicant
- PAN Card
- Bank account number with IFSC code
- Mobile number which is linked with PAN card and Aadhar card
- Selfie should be uploaded at the time of completing the KYC
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Application name for Personal loan 2024
Hero Fin corp loan application
Hero Fin corp is small Finance Company which is of a loan amount to the new customers without checking the CIBIL score for first time. You can get maximum 3 lakh loan amount from this mobile application. However at the initial time applicants will get little amount of the loan.
Pay sense loan App
Paysense mobile application is providing Rs 50000 loan amount to the customers where you will get sufficient interest rates charges but if your CIBIL score is very low then the charges may high. The application will automatically calculate the loan amount according to your information and you can get the loan amount if you are agree with the terms and conditions.
Rapid rupee loan application
If you want to get instant loan for a little loan amount such as 20000 rupees loan without visiting the branch then you can download Rapid rupee mobile application in your mobile phone and after that apply online.
Application procedure for Personal loan 2024 without cibil score
All the mobile applications will ask you to register yourself on the application by entering personal details and mobile number after that you have to complete the KYC by providing Aadhar Card and PAN Card details and upload your selfie. Once you complete the KYC verification you will receive you even amount and loan offers from the company instantly so you can get loan according to your need.
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FAQ’S: Personal loan 2024
What is the minimum age required to apply for Personal loan 2024?
The age of the applicant should be more than 21 years old at the time of applying online.
Name the loan app which is providing the maximum loan amount of rupees 3 lakh?
Hero Fin corp loan application.
Can an applicant apply for Personal loan 2024 with low cibil score?
yes, an applicant can apply for Personal loan 2024 even with low cibil score.