Welcome to Loanswale

Your Trusted Source for Personalized Financial Solutions

At Loanswale Personal Loan Partner, we understand that life’s financial needs can arise unexpectedly. Whether you’re planning a dream vacation, covering medical expenses, or consolidating debt, we’re here to provide you with the support and resources you need to achieve your goals. With our flexible personal loan options and dedicated customer service, we make borrowing simple, transparent, and convenient.

Explore our range of personal loan services and take the first step towards realizing your financial dreams today.

Personal Loans Starts from 10.75%

Personal Loan is an unsecured credit provided by financial institutions based on criteria like employment history, repayment capacity, income level, profession and credit history. Personal Loan, which is also known as a consumer loan is a multi-purpose loan, which you can use to meet any of your immediate needs

Types of Personal Loans in India

Weddings in India are usually considered a costly affair and tend to be more expensive than expected. Shedding all of your savings on marriage shall not be a good idea. Therefore, you can apply for marriage loans to meet all the marriage-related expenditures. Wedding loans can be repaid with flexible repayment options as per the tenure.

personal loan interest rate for higher education can be availed to fund all the aspects of studying abroad for yourself, your children or your spouse. Higher education loans can be used to cover the expenses, such as paying off school/college fees, flight tickets, visas, accommodation, living expenses, etc

Just in case, if you do not have medical insurance for yourself or your family member and require finance to meet the urgent medical requirements. You can certainly opt for a medical loan that can be of great help in times of emergencies or cash crunch situations.

Home renovation has no end to it. You can invest as much as you want for maintenance, reconstruction, refurnishing, décor and much more. Personal loan can be availed to meet all home renovation requirements as per the budget.

Personal loan can be availed to arrange a vacation or holiday trip abroad with your family. Travel loans can also be availed to manage domestic destinations, honeymoon trips, as well as cruises.

Affordable EMIs can be arranged and paid for debt consolidation purposes. All your loan or credit card debts can be arranged collectively into one and can be adjusted as per your convenience.

Personal loan eligibility differs across lending institutions and loan schemes. However, a common set of housing loan eligibility criteria is given below:

Nationality: Indian Residents, Non-Resident Indians (NRIs) and Persons of Indian Origin (PIOs)
Credit Score: Preferably 750 and above
Age Limit: 21 – 60 years
Work Experience: At least 2 years (for salaried)
Business Continuity: At least 3 years (for self-employed)
Minimum Salary: At least Rs. 18,000 per month (varies across lenders & locations)

The fees and charges of personal loans usually vary from lender to lender and case to case. Some of the common fees and charges related to personal loans are as follows:

Loan Processing Fees
Pre-payment/part-payment or Foreclosure charges
Verification charges
Documentation Fees & Stamp Duty

Proof of Identity & Age: Copy of any one (PAN Card, Passport, Aadhaar Card, Voter’s ID Card, and Driving License)

Proof of Residence: Copy of anyone (Bank Passbook, Voter’s ID, Ration Card. Passport, Utility Bills (Telephone Bill, Electricity Bill, Water Bill, Gas Bill) and LIC Policy Receipt

Note: The above list is indicative and your lender might ask for additional documents.

Enter personal information as well as the details related to your loan requirements.

Apply for the personal loan interest rate offer that suits your loan requirements the best.

Once your application is successfully submitted, you will get a confirmation of your Personal loan application. Next, our loan expert will call you within few hours.