Personal Loan in Coimbatore
If you're looking for financial assistance in the form of a personal loan in Coimbatore to manage an emergency, fund a big purchase, or consolidate debt, it could be the right solution for you. Coimbatore, known as the "Manchester of South India," is a bustling city that offers various opportunities for both businesses and individuals. However, the financial needs of its residents can vary, and sometimes a personal loan is essential to meet those needs.
Paperless
15 minute disbursal
No collateral
Personal Loan Amount Limit
You are eligible for Loan AmountFeatures & Benefits of Personal Loan in Coimbatore
Low EMI’s
Enjoy lower EMIs with interest charged on the reducing balance method. As opposed to a Flat rate of interest, reducing balance ensures the EMI amount remains low.
Quick Disbursal
Enjoy the convenience of fast processing and quick approval, with funds directly credited to your bank account.
Flexible Loan Amount and Tenure
Choose a loan amount and repayment tenure that best fit your needs and financial capabilities.
Personal Loan Assistant
Please write to your loan assistant at makeiteasy@finnable.com for any support. We aim to provide you with a seamless and hassle-free experience.
Why Choose Finnable for a Personal Loan in Coimbatore?
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Quick Disbursal: Get your loan amount credited within 24–48 hours of approval.
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100% Digital Process: Apply online with minimal documentation—no need for physical visits.
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Loans up to ₹10 Lakhs: Tailored loan amounts to meet varied financial needs.
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Repayment Tenure: Choose a convenient tenure ranging from 6 to 60 months.
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No Collateral Needed: Completely unsecured loans—no asset pledging required.
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Competitive Interest Rates & Transparent Charges: Starting from 16% p.a. based on your eligibility. No hidden fees; all charges are clearly communicated upfront.
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Prepayment Option: Flexibility to pre-close the loan after 6 EMIs with minimal charges.
Who Can Apply for a Personal Loan in Coimbatore?
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Age Requirement: Applicants must be between 21 and 55 years old.
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Employment Status: Only salaried individuals are eligible.
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Minimum Monthly Income: A net in-hand salary of at least ₹15,000 is required.
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Work Experience: A minimum of 12 months of total work experience is necessary.
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Credit Score: A credit score of 700 or above is preferred, though applicants with lower scores may also be considered.
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Residency: Applicants must be Indian citizens residing in India.
How to Apply for a Personal Loan with Finnable in Coimbatore
Customers looking for a personal Loan in Coimbatore need to follow the below steps
Setup Profile
Sign up with your name, email, and mobile number. Verify your mobile number with an OTP and fill in your address and job details.
Choose Your Loan
Pick the loan amount you need, select the product, and choose a repayment period that suits you.
Upload Documents
Upload your ID proof, income proof, and address proof. Make sure the documents are clear, then submit them for verification.
