A Step-by-step Guide to Getting Unsecured Personal Loans - PowerPoint PPT Presentation

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A Step-by-step Guide to Getting Unsecured Personal Loans

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Since most of his savings are invested in mutual fund schemes, he is looking for an unsecured personal loan in Bangalore to fund the renovation. However, with limited knowledge of financial products, he is not sure of how to go about it. Tarun is not alone. Many people like Tarun find it difficult to comprehend financial products in terms of features, benefits, eligibility requirements, and needed documents. – PowerPoint PPT presentation

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Title: A Step-by-step Guide to Getting Unsecured Personal Loans


1
A Step-by-step Guide to Getting Unsecured
Personal Loans
2
What do you mean by an unsecured personal loan?
  • Funds are available without pledging any security
    as collateral.

3
Unsecured personal loan benefits
  • You can use the funds for any legitimate purpose.
  • Funds are available without any collateral.
  • Flexible repayment terms and minimal
    documentation.

4
Qualifying conditions for unsecured personal loans
  • Applicants must be salaried or self-employed.
  • Age should be between 21 and 58 years.
  • Minimum monthly income of Rs 15,000 necessary.

5
Unsecured personal loan documentation
  • Application form along with passport size
    photograph.
  • Identity and address proofs.
  • Income and occupation proofs.

6
Unsecured personal loan application method
  • You can apply online through the lender's
    website.
  • You can also apply by visiting the lender's
    branch.

7
When to opt for an unsecured personal loan?
  • For consolidating your high-interest debts.
  • For meeting medical emergencies or paying
    childrens higher education fees.
  • For covering wedding-related expenses.

8
Points to consider before opting for an unsecured
personal loan
  • Check the lenders qualifying criteria.
  • Know your EMI beforehand.
  • Check the disbursal time and associated loan
    charges.

9
  • To obtain an unsecured personal loan, simply
    follow the quick guide outlined above.

10
THANKS!
Would Love to hear from you.
Hero Fincorp Limited
09, Basant Lok, Vasant Vihar, New Delhi -
110057
Tel 18001024145
Email corporate_at_herofincorp.com
Website https//www.herofincorp.com/
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