Auto financing for low credit scores| Lease a car just add fuel quote
Its in such great prГЄt hypothГ©caire que vous serez could have 2,640 (enough to replace the motor if you did.
15000 auto loan calculator india,vehicle tax calculator nsw,car finance rates anz - You Shoud Know
Personal Loan for Low Income (Rs.5000-40,000) Earners, Loan Amt., Interest Rate
For high salaried individuals getting a credit card or any type of loan (personal, car, home and others) is very easy as their repayment capacity is good due to their income. Individuals from this category are typically the target customers of banks and financial institutions who are ready to offer them loan/credit card. But what about individuals with low salary? Can they get personal loan in case of any emergency such as hospitalization, marriage and others?
The answer is YES. Personal loan for low income earners with salary as low as Rs. 5,000 are available in the market. Eligibility criteria apart from the salary are: age, credit score, company worked for, work city, years staying in the current address. Also check out credit cards for poor income earners.
Listed in the below table are the personal loan and monthly salary requirement of various Indian banks along with the interest rate applicable.
Note: For latest details most importantly annual interest rate and loan amount, please contact your bank. Also remember to repay monthly EMI on time. Frequent delayed repayments will affect your CIBIL rating, which will give tough time in getting any type of credit in the future.
Not many people in India are aware of getting personal loan from peer to peer lending companies (also called PTPL or P2PL). These lenders offer loans at low interest rate and approvals are speedy. And these are best recommended for individuals with low income or poor CIBIL score/no credit or those who are in need of small credit. Check out comparison of banks and P2PL.
For verification purpose, most of the banks will ask for following documents:
- Application form and passport size photograph
- ID Proof: Passport / Driving License / Voters ID / PAN Card
- Address Proof: Leave and License Agreement/ Utility Bill / Passport
- Last 3/6 months bank statement
- Salary slip for last 3/6 months
Low income individuals can also get personal loan against fixed deposit, credit card and LIC policy.
While choosing any type of loan, always select the one available at low interest rate. Read more on when to apply for personal loan. If you are interested in earning more money then check out simple ways to do it.