Overview
Get Instant Approval on a Personal Loan
Handling unexpected financial needs has never been easier! With Loanwala Solutions, you can secure a Personal Loan without the need for collateral. Borrow up to ₹50 Lakh at competitive interest rates starting as low as 8.50%* p.a.
Whether you’re renovating your home, managing medical expenses, or consolidating debt, our Personal Loan is designed to give you financial freedom to achieve your goals. Experience a seamless process from application to disbursal with minimal paperwork and quick approvals.
Take control of your finances today with Loanwala Solutions. Apply now and unlock the possibilities!
Personal Loan Eligibility Criteria
All applications are assessed based on 5 main eligibility criteria:
- Age: Applicants should be at least 21 years old at the time of loan application and a maximum of 60 years old at the time of loan maturity.
- Citizenship: Applicants must have Indian citizenship.
- Employment: TApplicants must have a full-time job at Central Govt, PSU, MNC, Listed, Unlisted Public Ltd, Pvt Ltd, LLP, or companies listed internally.
- Work Experience: Applicants must have at least 1 year of job experience and at least 1 month of stable employment at the current job.
- Monthly Income: Monthly net take home salary of at least ₹30,000.
Features of a personal loan
Unsecured Loan (No Collateral Required)
Personal loans do not require you to pledge any security or collateral, making them accessible to a wide range of applicants.
High Loan Amounts
You can avail of a substantial loan amount, typically up to ₹50 Lakhs, depending on your creditworthiness and financial profile.
Flexible Usage
Personal loans can be used for various purposes, such as medical emergencies, home renovation, travel, wedding expenses, education, or debt consolidation.
Quick Approval and Disbursal
Most personal loans come with a swift approval process, often completed within 24-48 hours, and the funds are disbursed directly to your account.
Flexible Tenure
Borrowers can choose repayment tenures ranging from 12 to 60 months, allowing them to manage EMIs conveniently.
Competitive Interest Rates
Lenders offer attractive interest rates, starting as low as 9.50%* p.a., depending on your credit score and financial history.
Minimal Documentation
The application process typically requires basic documents such as ID proof, address proof, income proof, and bank statements, ensuring a hassle-free experience.
Online Application and Management
Most lenders provide an online application process, enabling you to apply, track, and manage your loan conveniently from anywhere.
List of Documents Required for Personal Loan
There is no tedious paperwork involved. While applying for a loan, you need to submit the following documents:
| Document Category | Personal Loan Documents Required |
|---|---|
| KYC Documents | PAN Card/Aadhaar Card/Driving license/Voter ID/Passport |
| Current Address Proof | Passport/ Utility bills/ Rent Agreement |
| Income Documents | Latest salary slips for the last 3 months |
| Financial Documents | Bank Statement for the last 3 months |
| Employment Proof | Official mail ID confirmation /Employee ID Card (in case official mail ID confirmation is not possible) |
Why Choose Loanwala Solutions for Your Personal Loan?
When it comes to personal loans, Loanwala Solutions stands out as your trusted financial partner. Here’s why we are the right choice for your financial needs:
High Loan Amount
Competitive Interest Rates
Fast Approval and Disbursal
Flexible Repayment Tenure
No Collateral Required
Simple and Minimal Documentation
Transparency and Trust
Personalized Support
Our Satisfied Clients
Testimonial
Excellent service! The team was professional and guided me throughout. I received the funds quickly without any hassles. Thank you, Loanwala Solutions!
Ravi Hooda
Loanwala Solutions offered flexible repayment options and a smooth process. The team was knowledgeable and very helpful. I highly recommend their services!
Shashi Ahlawat
Quick funding with minimal paperwork! Loanwala Solutions provided me with the perfect solution for my business needs. Fantastic experience!
Sunil Lohia
The best loan provider I’ve worked with! Loanwala Solutions offers reliable service, clear communication, and fast disbursement. Truly a great experience.
Himanshu Satish Sharma
I was impressed by the transparency and customer service at Loanwala Solutions. They truly care about their clients. I’m very satisfied with their support.
Rishi Prakash Sharma
Loanwala Solutions made the loan process so easy and stress-free. Their quick approval and flexible EMIs were exactly what I needed. Highly recommended!
Krishan Gaur
I needed a business loan, but due to some document issues, most lenders rejected my application. Loanwala stepped in and made it happen! Their team was professional, supportive, and ensured a smooth process. Highly recommended for hassle-free loan solutions!"
Ayush Aggarwal
I was struggling to get a personal loan due to my low CIBIL score, but Loanwala made it possible! The process was smooth, quick, and hassle-free. Highly recommend their services!"
