Personal Loan in Kerala

Following are the key features and benefits of urgent cash loan in Kerala:

• Get online personal loan in Kerala with instant online application, processing, and disbursal of loan.
• Personal loans are multipurpose and can be used for any purpose.
• Personal NRI loan in Kerala can be availed to meet the financial needs of NRIs.
• No collateral, guarantor or security is required for personal loans as they are unsecured in nature.
• You can get an instant cash loan in 1 hour in Kerala disbursed to your bank account on successful approval.
• You can avail of a loan amount of as high as Rs. 40 lakhs subject to meeting the eligibility norms.
• The borrowed Kerala loan amount can be easily repaid in EMIs within 1 to 6 years tenure.
• Personal loan interest rate in Kerala is highly affordable.

• Applicants should be Indian citizens, residing in Kerala to get a personal loan or marriage loan in Kerala.
• Salaried employees as well as self-employed professionals and non-professionals with a regular source of income can apply.
• Applicant’s age should be minimum 21 years (for salaried) and 25 years (for self-employed) at the loan application.
• Applicant’s age should not be more than 60 years when the loan matures. The maximum age requirement for self-employed applicants is up to 65 years to get a personal loan in Thrissur or other cities of Kerala.
• Self-employed applicants must have a minimum annual turnover of Rs. 15 lakhs and minimum Profit After Tax (PAT) of at least Rs. 2 lakhs as per audited financials.
• Salaried applicant’s monthly income should be minimum Rs. 25,000 to get a personal loan in Trivandrum or other city in Kerala.
• Salaried applicants must have a minimum work experience of 1 year, with 6 months served with the existing employer.
• Self-employed applicants must be in the current profession for at least the last 3 years.
• Applicant’s minimum credit score should be 750 or above to get a mini cash loan in Kerala.

• Recent 2 passport size photographs of applicants and co-applicants (if any) are reequird to avail of personal loan Ernakulam or other areas in Kerala.
• Identity proof, such as Passport, Driving License, Aadhaar Card, Voter ID, or PAN Card (any one).
• Residence proof, such as Leave & License Agreement, Electricity Bills, Gas Bills, Postpaid Mobile Bills, Passport (any one).
• Bank statements of salary account of the last 3 months for salaried.
• Salary slips of the last 2 months are needed for salaried applicants to get private finance in Kerala.
• Bank statements of savings or current account of the last 6 months for self-employed.
• Audited financials of the last 2 years, business continuity proof, office address proof and office ownership proof required for self-employed applicants.

Here are some tips to get the lowest interest rate personal loan in Kerala:

• Conduct a thorough research to get the list of Best Personal Loan App in Kerala.
• Compare all loan offers based on their interest rates, processing fees, charges, tenure, loan amount, and other essential features.
• Apply for a loan with a co-applicant who has high income and excellent credit score.
• Get a secured personal loan against collateral if you have any asset. You can opt for Personal loan against cheque in Kerala, loan against fixed deposit, LIC, and so on.
• Opt for a shorter repayment tenure to reduce the interest cost.
• Lower your credit utilization ratio and debt-to-income ratio.
• Improve and maintain an excellent credit score to get a personal loan Kochi or other city of Kerala.

• Visit mymoneymantra.com and select Personal Loan given under the Loans tab to get the instant loan in Kerala.
• Fill in the online form by entering a few mandatory details.
• Verify your details by entering the OTP received on your mobile number.
• Enter your employment details.
• Enter some more details and then click on the “Submit and View Offers” tab.
• Select the preferred lending partner and click on the Econnect button beside it.
• Our personal loan team will contact you to complete the process for easy personal loan in Kerala.