Pune is a lively metropolis in India that is also known as the Oxford of the east because of the city’s high education system. Pune has gradually emerged as one of the smart cities of India and not only has a high literacy rate but also has a high per capita income. Pune has a well established IT and automotive industry and is abundant with ancient architecture along with modern high-rise buildings and offices.

Personal Loan Popularity In India

Personal loans are quite common in India as they do not need any collateral and offer instant approvals with least documentation. Personal loan can be taken if you need a loan for a marriage, medical emergency, house renovation, or other valid reason. They’re a dynamic supply of instant funds whenever you’re in want of economic help.

In India, both government and private banks offer personal loans and because of the competitive market, they offer personal loans at low interest rates and provide many offers and schemes. Banks during the festival seasons provide personal loans to meet your festival needs and low EMI schemes, zero processing fees, etc. are some of the offers that you will find during this season. Personal Loans mostly start from Rs. 50,000 and go higher upto Rs. 25,00,000.

Personal Loans In Pune

To get a personal loan in Pune, you need to have a decent salary that can suffice the EMI every month along with your monthly expenses and have a good credit history. All the major banks in India provide personal loans in Pune and have plenty of branches and customer support system for borrowers to rely on.

Personal Loan Eligibility in Pune

  • The minimum age should be 21 years and the maximum 60 years.
  • Banks desire a secure income and good credit rating.
  • Must earn atleast Rs. 15,000 per month in Pune.
  • Must be residing at the current place for atleast an year.
  • Your work experience in total should be a minimum of two years with the last one-year with the current organization.

Documents Required For A Personal Loan in Pune

  1. Address Proof
  2. IdentityProof
  3. PAN Card copy
  4. Proof of Age and latest photographs with duly filled application form
  5. Proof of Income
  6. Company Offer Letter, Form 16
  7. Additional documents as necessary by the bank

Personal Loans Interest Rates in Pune

Rate of interest for personal loans differ for each bank. In general, the interest rates fall anywhere between 11.49 percent to 21.05 percent as per the bank and an individual’s eligibility.

Personal Loans in Pune@ Letzbank

 Make your Personal Loan in Pune application swift and stress-free by applying directly at Letzbank website in a matter of a few clicks. Letzbank is a website that offers loans for various products and has strong ties directly with leading banks to offer its customers the best loan offer. What’s more, all-online applications that are submitted and processed via Letzbank website get the benefit of application fee waiver. The website is designed in a way that is extremely user friendly and allows you to make comparisons on different loans so that you can make a wise decision all by yourself. For more details, please visit Letzbank and get instant approvals for personal loans now!

 

 

 

 

 

 

 

 

 

 

 

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