Introduction

A personal loan is a versatile financial tool that allows you to meet a wide range of financial needs, from consolidating debt and financing a wedding to covering medical expenses or making a major purchase. At Aryafin, we offer personalized solutions tailored to your specific requirements, ensuring a seamless borrowing experience with competitive rates and flexible terms.

Aryafin Personal Loan Features with Example

Aryafin Personal Loans come with a host of features designed to provide maximum convenience and benefits to borrowers:

• Loan Amount: Borrow up to ₹25 lakhs based on your eligibility.
• Flexible Tenure: Choose a repayment period ranging from 12 to 60 months.
• Quick Disbursal: Receive funds in your account within 24 hours of approval.
• Minimal Documentation: Simple and hassle-free application process.

Example: If you need a ₹5 lakh loan to fund a home renovation project, you can repay it over a period of 36 months with competitive interest rates, ensuring affordable EMIs.

Benefits of Aryafin Personal Loans

• Fast Approval and Disbursal: Quick processing ensures timely access to funds.
• Competitive Interest Rates: Enjoy lower interest rates based on your credit profile.
• No Collateral Required: Unsecured loans eliminate the need for collateral.
• Flexible Repayment Options: Choose a repayment schedule that suits your financial situation.
• Top-Up Facility: Option to increase your loan amount during the tenure.

Personal Loan EMI Calculator

Use our intuitive Personal Loan EMI Calculator to determine your monthly installments. Simply enter the loan amount, interest rate, and tenure to get an instant estimate of your EMIs, helping you plan your finances better.

Personal Loan Rates and Charges

• Interest Rates: Starting from 10.75% per annum.
• Processing Fee: Up to 2% of the loan amount.
• Prepayment Charges: Nil to 4% of the outstanding principal amount, depending on the loan tenure.
• Late Payment Fee: 2% per month on the overdue amount.

Pre-approved Personal Loan Offers

Aryafin offers pre-approved personal loans to existing customers, ensuring instant approval and quick disbursal with minimal documentation. Check your eligibility and enjoy exclusive offers with lower interest rates and faster processing.

How To Apply For Personal Loans?

• Online Application: Visit the Aryafin website and fill out the online application form.
• Submit Documents: Upload necessary documents for verification.
• Verification: Our team will verify your documents and eligibility.
• Approval and Disbursal: Once approved, the loan amount will be credited to your account.

Personal Loan Eligibility Criteria

a. For Salaried Employees working in an organisation:

• Age: 23 to 58 years
• Minimum Income: ₹25,000 per month
• Employment: At least 2 years of work experience with 1 year in the current organization

b. For Self-Employed Individuals:

• Age: 25 to 65 years
• Minimum Income: ₹2 lakh per annum
• Business Tenure: Minimum 3 years in the current business

Tips to Keep in Mind While Applying for a Personal Loan

• Check Your Credit Score: A higher credit score can help you secure better interest rates.
• Evaluate Your Repayment Capacity: Ensure that you can comfortably manage the EMI payments.
• Compare Offers: Look at different lenders to find the best terms and interest rates.
• Read the Fine Print: Understand all terms and conditions before signing the agreement.
• Avoid Multiple Applications: Too many loan inquiries can negatively impact your credit score.

Loan Process in Less Than 5 Minutes

Experience a swift and efficient loan process with Aryafin:

1. Apply Online: Quick online application form.
2. Instant Eligibility Check: Immediate assessment of your eligibility.
3. Minimal Documentation: Upload basic documents.
4. Fast Disbursal: Get funds credited to your account in under 5 minutes post-approval.

Personal Loan FAQs