Consumer loan granted for personal (medical), family (education, vacation), or household (extension, repairs, purchase of air conditioner, computer, refrigerator, etc.) use, as opposed to business or commercial use. Such loans are either unsecured, or secured by the asset purchased or by a co-signor (guarantor). Unsecured loans (called signature loans) are advanced on the basis of the borrower's credit-history and ability to repay the loan from personal income. Repayment is usually through fixed amount installments over a fixed term. Also called consumer loan.
You can apply for this loan from any part of the world
Our personal loan has a fixed interest rate of 6.5%, same with all other types of loan. We loan a minimum of $5,000 (USD) and a maximum of $7,000,000 (USD), but you can apply for the loan in any currency.
Personal loan is a type of loan collected for personal reasons, you can take the loan to solve personal problems or collect it on behalf of a friend or family member. So whatever your needs are, we will be ready to assist you.
|Age Limit||The applicant should be min 21 years & max. 65 years.|
|Income||Business should be profit making at least for the past 3 years|
|Turnover||$5000 p.a. should be the minimum annual income|
|Co-applicants||Business should be profit making at least for the past 2 years|
|Audited||We accept only audited financials by CA.|
|Cash flow||On the other hand, we denounce with righteous indignation.|
|Type of the Business||Proprietorship, Partnership, Pvt.Ltd. or Public Ltd.|