The age of the applicant always plays an important role in the rate of interest as well as the tenure of the Personal Loan and the minimum age should be 18 Years and the maximum age decided is 75 Yea
The loan amount is decided by the income of the applicant and the income should not be less than Rs.20,000/- per month
At least 1 year of employment with the current employer
It was always recommended to have a CIBIL score of 700 and if your CIBIL score is no less than 650 then you’re also eligible for the loan amount.
The eligibility is different, but the applicant who is salaried employees, self–employed professionals, self–employed nonprofessionals, and private limited companies are applicable.