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The once princely state of Gwalior in Madhya Pradesh still holds its regal charm. This is evident from its forts, palaces and temples. This has also resonated in the way people live here and in their standard of living.
So, if they need funds to fulfill an aspiration or pay for expenses without creating a hole in their pocket, they will not be hesitant to take a personal loan in Gwalior.
Finnable disburses quick instant loans to the residents of Gwalior at affordable personal loan interest rates.
A personal loan is an unsecured loan. Unlike secured loans, you will not be asked to pledge any security against the loan amount. The paperwork required to get a personal loan is minimal as well. All you need is your KYC and income proof. Moreover, you can get a loan of up to Rs. 10 lakhs at personal loan interest rates starting at 16% with a tenure of up to 60 months.
One of the advantages of taking a personal loan in Gwalior is that the entire process is online. You can get an instant personal loan by applying via Finnable’s personal loan app.
The eligibility for a personal loan includes:
These documents will need to be submitted when you apply for the loan:
To get an instant personal loan online, you will first need the personal loan app. This is available on the Android Play Store as well as the App Store. Once the download is complete,
You will have to check all your data as well as documents before you hit ‘submit’. This will also be verified by Finnable. Only once the verification is done, the funds will be credited into your bank account.
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It takes 6 hours post the completion of document verification for the personal loan to get disbursed.
Yes, you can pay more EMI than the stipulated personal loan EMI. This amount gets adjusted against you pending payments.
6 months to 60 months is the personal loan repayment tenure offered by Finnable.
The important factors that are used to calculate the personal loan EMI are the principal loan amount, the Tenure of the personal loan, and the personal loan interest rate applicable.
Once the personal loan EMI is decided between you and the lender, you will be asked to sign an e-mandate. This e-mandate is an electronic registration that will state that the lender has been given the authorisation to debit the loan EMI from your bank account. This e-mandate is valid till the entire loan is repaid in full.
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Finnable is one of the fastest growing financial technology (Fintech) start-up with an NBFC license from RBI providing hassle free loans. Our mission is to make Personal loans available in less than 24 hours
Example of Personal Loan for Salaried Professionals✓ Loan Amount from ₹50,000 to ₹10,00,000✓ Repayment period (loan tenor) options vary from 6 to 60 months ✓ Annual Interest Rate (APR) is 16% to 26% (on a reducing balance basis) + processing fees of 3 to 4% on the principal loan amount ✓ For Example – a loan of ₹1,00,000 with an APR of 16% (on a reducing balance basis), repayment tenure of 12 months, processing fee of 3%. The processing fee will be ₹3,000 + ₹540 GST with monthly EMI will be ₹9,394. The total loan amount will be ₹1,03,540. Total interest payable over 12 months will be ₹9,191. Total loan repayment amount is ₹103540 + ₹9191 = ₹1,12,731 *These numbers are for representation only and the final interest rate or processing fee may vary from one borrower to another depending on his/her credit assessment.✓ Loan Prepayment Charges: 3 to 6% charge + 18% GST on the remaining principal amount (allowed after 6 EMI payments)Why is Finnable the best personal loan app?Instant Loans within 48 hours: Gone are the days when you had to wait weeks & months to get a loan approved.Completely Digital/Paperless: Finnable instant loan app offers a complete digital service to help save time as well as paper!
Contact Us: Drop us an email: email@example.comAddress: IndiQube Lakeside, 4th Floor Municipal No. 80/2 Wing A, Bellandur Village Varthur, Hobli, Bengaluru, Karnataka 560103Responsible LendingFinnable has partnered with RBI authorised & regulated NBFCs/Financial Institutions.Our policies and services are fully regulated and legally compliant.
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