How to get easy personal loan approval - PowerPoint PPT Presentation

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How to get easy personal loan approval

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Personal loans can be availed in the shortest possible time making them the go-to solution for instant fund requirements. If you also want to apply for a personal loan in 2018, here are some tips and tricks which would allow you easy approval of your loan application. Apply for a personal loan here: – PowerPoint PPT presentation

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Title: How to get easy personal loan approval


1
How to get easy personal loan approval
2
Why Personal Loans?
Personal loans are a great financing option when
you need funds for personal use and you face a
financial shortfall. Personal loans can be
availed in the shortest possible time making them
the go-to solution for instant fund requirements.
3
Here are some tips for easy approval of your loan
application
4
1. Eligibility Criteria
  • Lenders have prescribed eligibility criteria for
    borrowers of personal loans. Some Common
    Eligibility Requirements -
  • Age21 to 65 Years
  • Net Monthly Income At least Rs.15, 000
  • Work ExperienceMinimum work experience 3 years
    with a stable employment

5
2. Good Credit Score
  • Lenders depend on your credit score to gauge your
    repayment capacity and creditworthiness.
  • Credit Score650 and above

6
3. Income
  • Lenders have prescribed eligibility criteria for
    borrowers of personal loans. Some Common
    Eligibility Requirements -
  • High Income, Easy ApprovalYour net monthly
    income also determines the approval of your loan
    application. If your income is higher, the
    application would be easily approved.

7
4. Documents
  • Documents usually include the following
  • Identity proofPAN Card, Aadhaar Card, Voters ID
    card, driving license, passport etc.
  • Address proofVoters ID card, utility bills,
    rent agreement, passport, etc.
  • Age ProofMinimum work experience 3 years with a
    stable employment
  • Income ProofForm 16 and salary slips from your
    employer, etc

8
Just Follow Them!
If you follow the above-listed tips, you can get
easy approval on your personal loan application.
So, remember these tips before applying for a
personal loan to get the loan instantly without
hassles. Apply Personal Loan Easily at -
https//www.myloancare.in/personal-loan/
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