Personal Loan Eligibility
- Normally bankers charge a processing fee of 2% to 3% of the loan amount, which may vary based on credit profile.
- If you repay your personal loan earlier than the agreed time frame, also other important part lenders charge with pre-closure or default penalty of about 4% of the pre-closed loan amount.
- Minimum of loan seasoning is six month means you cannot foreclose your loan before six month .
DealsofLoan provide a complete documents list from various lending institutions. Normally following documents are required by financial institutions to process the loan application.
- Identity proof
- 3 to 6 month bank statement
- Residence proof
- 3 month salary slip
- Experience certificate if needed