A large number of Banks and NBFCs offer attractive options for personal loan in Trivandrum.A Personal Loan is an amount of money borrowed from a Bank or any other Financial Institution. The loanee can use the amount for a variety of personal purposes. He or she can consolidate debt, meet expenses for home renovations, plan for a dream wedding or holiday, meet the expenses for unexpected personal emergencies, etc. Thanks to the various available options, we are able to pick the best offer for those who are looking for a personal loan in Trivandrum.
- A Personal Loan can be used to cater for a number of personal expenses.
- Generally salaried individuals can apply for a personal loan.
- Personal Loans can vary substantially when it comes to their processing fees, amount, repayment terms and interest rates.
- A Bank or Financial Institution may restrict the ways in which a loanee can use the amount. For instance, banks and Financial Institutions don’t allow the loanee to use the amount for purchasing equity shares.
Necessary Documents For Personal Loan
Resident Intividual
- Valid Address Proof
- PAN Card copy
- Salary slip for latest three months
- Bank account statement for latest six months
- Latest passport size colour photograph
- Copy of company ID card
Normally, personal loans are available for salaried individuals in normal resident Indian status. But some banks offer personal loans in Trivandrum for Non-resident salaried individuals too. A normal resident individual co-applicant is needed to support the loan application. The co-applicant could be either of the parents or spouse for availing NRI personal loan in Trivandrum.
Non Resident Individual
Non Resident Individual
- PAN card copy of the primary applicant.
- Aadhaar card copy or copy of any other address proof of the primary applicant
- Passport copy including visa page and latest exit-entry page
- Offer letter from the employer
- Salary slips for latest three months.
- NRE account statement for last seven months.
- Overseas bank account statement for last six months.
- PAN card copy of the co-applicant.
- Copy of any address proof of the co-applicant.
- Proof of relationship with the co-applicant. (Copy of Ration card or passport will do)
- Bank statement of the co-applicant for last six months.
- Passport size colour photograph of both primary applicant and co-applicant.