Pre – Approved Personal loans

Hi! How can we help You?

Pre Approved Personal loan

FINVASIA offers Pre-approved Personal loans on the basis of your credit history and to cater to your financial requirements  

Features

  • Pre-approved offer – Negligible paperwork
  • Faster processing
  • Flexibility of usage of funds
  • Geographical outreach- PAN India
  • Age : 21-58 years
  • Tenure : 12 to 360 months
  • Loan amount : Rs 50,000/- to Rs 1,00,000/-
  • Interest type : Fixed (to be serviced monthly)
 

 

Charges 

Type of Charge 

Amount 

Pre-closure charges 

3% (+GST) of outstanding 

Processing Fees 

2% of loan amount + GST, not exceeding Rs 2499/- + GST 

Penal Charges 

2% of the amount in default (overdue amount), on non-repayment of EMI. 

Documentation charges 

 Rs 500/- + GST 

ENACH Bouncing charges

 Rs 500 (+GST) per occasion. 

Eligible Customer segment

 
  1. 1. Personal Loan to salaried Individual :
    • Eligibility: All Confirmed/permanent employees of State/Central/ PSU/ Departments, Multi-National Companies, Listed Companies, and Reputed Pvt Ltd Companies with or without existing relationship with FINVASIA.
    • Minimum Salary: Net payout of Rs. 15000/- per month
    • The existing loan account holders with a minimum 12 months and with clear repayment track records will be elligible for a top-up facility
    •  
  2. 2. Personal Loan to self-employed Professionals and Non-Professionals:
  3. Minimum salary : Rs 2,00,000 /- annum
  4. The existing loan account holders with minimum of 12 months and with a clear repayment track records will be eligible for top-up loan facility