Personal Loan

Personal Loans

Personal loans are unsecured loans offered by banks and financial institutions to meet your immediate financial needs. They can be used for a variety of purposes, such as:

Medical expenses and emergencies

Education and skill development

Home renovation or improvement

Travel and vacation funding

Debt consolidation and other needs

Personal loans offer flexible repayment options, competitive interest rates, and minimal documentation, making them a convenient solution for your short-term financial goals.

Eligibility criteria and documents required

Anyone can apply for our personal loan online, as long as you meet five basic criteria mentioned below. If you meet all the eligibility criteria of our online personal loan, you will need a set of personal loan documents to complete your application process. With our online personal loan, you can get an instant approval for up to Rs. 55 lakh. Meet the easy personal loan eligibility parameters and complete your basic documentation to avail the money you need within 24 hours* of approval.

Personal Loan Eligibility criteria

Nationality	Indian
Age	21 years to 80 years.
Employed with	Public, private, or MNC.
CIBIL Score	685 or higher.
Customer profile	Self-employed or Salaried

Documents required for a Personal Loan

KYC documents: Aadhaar/ passport/ voter’s ID/ driving license/ Letter of National Population Register/ NREGA job card

PAN card

Employee ID card

Salary slips of the last 3 months

Bank account statements of the previous 3 months

Piped gas bill

Pension order

Letter of Allotment of Accommodation Issued by Employer

Property / Municipal tax receipt

Utility bill

Phone bill

Real-time image / photograph

Ration card

*You should be 80 years or younger, at the end of the loan tenure.

Features Of Personal Loan

A personal loan is a loan taken by the salaried individual to finance any personal expenses like Weddings, Home Renovations, Medical Expenses, Bill Payments, Dream Vacations, Starting a Business, and Higher Education. In a Personal Loan, the borrower has full freedom to use the money for any purpose they want.

Collateral-Free Loan
Minimal Documentation
Attractive Interest Rate
Flexible Repayment Options
Lowest Equated Monthly Installments (EMIs)
Extended Loan Tenure
Doorstep Services

Purpose for Taking Personal Loan

Wedding Expenditure

Make your wedding day more memorable by adding some extra facilities which a personal loan can provide for you.

Medical Emergencies

Fulfill your medical expenses like hospitalization bills, medical prescription bills, surgeries, etc.

Balance Transfer

Pay less rate of interest and save more by applying for Personal Loan.

Credit Card Payment

Repay the entire credit card bill in one shot and then make pocket-friendly EMIs.

Get quick, secure, and reliable loan solutions tailored to your needs. Grow your business or fulfill your personal goals with Sikka Pay.

Apply Now