All Types of Loans - Complete Guide
Expert Guidance | Quick Approval | Low Rates | Pan India
Personal Loan
Personal Loan is unsecured funding for any personal need - medical emergency, wedding expenses, home renovation, travel, debt consolidation or other requirements. No collateral needed.
📊 Loan Parameters
| Parameter | Details |
|---|---|
| Loan Amount | ₹50,000 to ₹25,00,000 |
| Interest Rate | 10.50% to 24% per annum |
| Tenure | 12 to 60 months |
| Processing Fee | Up to 3% of loan amount |
| Pre-payment | Nil after 6 months |
✅ Eligibility
- Age: 21-60 years | Employment: Salaried (1 yr) or Self-employed (2 yrs)
- Monthly Income: ₹15,000+ (Salaried) | ₹25,000+ (Self-employed)
- Credit Score: 650 or above preferred
📄 Documents Required
- Identity Proof: Aadhaar Card, PAN Card, Passport, Driving License
- Address Proof: Aadhaar Card, Passport, Utility Bills
- Income Proof: Last 3 months Salary Slips or Last 2 years ITR
- Bank Statements: Last 6 months
- Passport Size Photographs
✓ No collateral | ✓ 24-48 hrs approval | ✓ Flexible EMI | ✓ Any purpose | ✓ Balance transfer
Business Loan
Business Loan for working capital, equipment purchase, business expansion, inventory management or any business requirement. Available for all business types.
📊 Loan Parameters
| Parameter | Details |
|---|---|
| Loan Amount | ₹1,00,000 to ₹50,00,000 |
| Interest Rate | 11.50% to 22% per annum |
| Tenure | 12 to 84 months (7 years) |
| Processing Fee | 2% to 4% of loan amount |
| Collateral | May be required for loans above ₹10 lakhs |
✅ Eligibility
- Business Vintage: Minimum 2 years | Annual Turnover: Minimum ₹10 lakhs
- Age: 25-65 years | Credit Score: 700 or above
- Business Type: Manufacturing, Trading, Services - all accepted
📄 Documents Required
- KYC: Aadhaar, PAN Card of all partners/directors
- Business Registration: GST Certificate, Shop License, Udyam Certificate
- ITR: Last 2-3 years of business
- Bank Statements: Last 6-12 months (Current Account)
- Financial Statements: Balance Sheet, P&L Account
✓ High loan amounts | ✓ Flexible tenure | ✓ Quick disbursal | ✓ Overdraft facility
Home Loan
Home Loan for purchase, construction, renovation or extension. Tax benefits under Section 80C & 24. Long repayment tenure up to 30 years.
📊 Loan Parameters
| Parameter | Details |
|---|---|
| Loan Amount | ₹5,00,000 to ₹5,00,00,000 (up to 90% LTV) |
| Interest Rate | 8.50% to 11.50% per annum |
| Tenure | Up to 30 years (360 months) |
| Processing Fee | 0.50% to 1% of loan amount |
| Tax Benefits | Principal: ₹1.5L | Interest: ₹2L per year |
✅ Eligibility
- Age: 21-65 years (at loan maturity) | Income: ₹25K+ (Salaried) ₹50K+ (Self)
- Credit Score: 750+ | Property: Must be bank approved
📋 Home Loan Types
| Type | Purpose |
|---|---|
| Home Purchase | Buy ready-to-move house/flat |
| Home Construction | Build house on owned plot |
| Home Extension | Expand existing house |
| Home Improvement | Renovation/Repair work |
| Plot Purchase | Buy residential land |
✓ Tax benefits ₹3.5L | ✓ 30 yrs tenure | ✓ Low rates | ✓ Balance transfer
Loan Against Property (LAP)
Get substantial funds by mortgaging residential or commercial property. Higher amounts at lower rates than personal loans. Retain property ownership and usage.
📊 Loan Parameters
| Parameter | Details |
|---|---|
| Loan Amount | ₹10,00,000 to ₹10,00,00,000 (65% of property value) |
| Interest Rate | 9.00% to 14% per annum |
| Tenure | Up to 15 years (180 months) |
| Processing Fee | 1% to 2% of loan amount |
| Property Type | Residential or Commercial - both accepted |
✅ Eligibility
- Age: 25-70 years | Employment: Salaried or Self-employed
- Property: Free from legal disputes | Credit Score: 700+
📄 Documents Required
- KYC: Aadhaar, PAN Card, Passport
- Income: Salary Slips/ITR/Business Financials
- Bank Statements: Last 6-12 months
- Property: Title Deed, Sale Deed, Encumbrance Certificate, Tax Receipts
- Property Valuation Report by bank-approved valuator
✓ High amounts | ✓ Lower rates | ✓ Flexible use | ✓ Retain ownership
New Car Loan
Finance your dream car from authorized dealer. Up to 100% funding with attractive interest rates and flexible EMI options. Available for all car brands.
📊 Loan Parameters
| Parameter | Details |
|---|---|
| Loan Amount | Up to 100% of on-road price (max ₹1,00,00,000) |
| Interest Rate | 8.75% to 12% per annum |
| Tenure | 12 to 84 months (7 years) |
| Processing Fee | Up to 2% of loan amount |
| Down Payment | 0% to 20% (depends on profile) |
✅ Eligibility
- Age: 21-65 years | Income: ₹20K+ (Salaried) ₹30K+ (Self-employed)
- Credit Score: 700+ | Valid driving license mandatory
📄 Documents Required
- Identity & Address: Aadhaar, PAN, Passport, Driving License
- Income: Last 3 months Salary Slips or Last 2 years ITR
- Bank Statements: Last 6 months
- Car Quotation/Proforma Invoice from authorized dealer
- Passport Size Photographs
✓ 100% funding | ✓ Quick approval | ✓ Flexible EMI | ✓ All brands
Used Car Loan
Purchase pre-owned car with easy financing. Competitive interest rates for cars up to 10 years old. Finance from dealer or individual seller.
📊 Loan Parameters
| Parameter | Details |
|---|---|
| Loan Amount | Up to 80-90% of car value (max ₹25,00,000) |
| Interest Rate | 10.50% to 15% per annum |
| Tenure | 12 to 60 months (5 years) |
| Processing Fee | 2% to 3% of loan amount |
| Car Age | Not more than 10 years at end of loan tenure |
✅ Eligibility
- Age: 21-60 years | Income: ₹15K+ (Salaried) ₹25K+ (Self-employed)
- Car Age: Max 10 years at loan closure | Credit Score: 650+
📄 Documents Required
- KYC: Aadhaar, PAN Card, Driving License
- Income: Salary Slips/ITR
- Bank Statements: Last 6 months
- Car: RC Book, Insurance, Seller KYC
- Car Valuation Report & Photographs of car
✓ Finance cars 10 yrs old | ✓ Fast approval | ✓ Dealer/individual | ✓ Flexible terms
Gold Loan
Instant loan by pledging gold jewelry, coins or bars. Your gold remains safe in bank lockers with insurance. Get it back after full repayment. No income or credit check required.
📊 Loan Parameters
| Parameter | Details |
|---|---|
| Loan Amount | ₹10,000 to ₹1,00,00,000 (up to 75% of gold value) |
| Interest Rate | 9.50% to 18% per annum |
| Tenure | 3 to 36 months |
| Processing Fee | Minimal or nil |
| Gold Purity | Minimum 18 carats (some banks accept 14 carats) |
✅ Eligibility
- Age: 18-70 years (no maximum age limit)
- Gold Purity: Min 18 carats | Type: Jewelry, coins, bars accepted
- No income proof or credit score check required
📋 Gold Loan Calculation
| Gold Weight | Gold Rate (22K) | Loan Amount (75%) |
|---|---|---|
| 10 grams | ₹60,000 | ₹45,000 |
| 50 grams | ₹3,00,000 | ₹2,25,000 |
| 100 grams | ₹6,00,000 | ₹4,50,000 |
| 500 grams | ₹30,00,000 | ₹22,50,000 |
📄 Documents Required
- Identity: Aadhaar Card, PAN Card, Passport, Voter ID
- Address: Aadhaar Card, Utility Bills, Passport
- Passport Size Photographs
- Gold ornaments/coins/bars to be pledged
- Purchase invoice (if available)
✓ Instant 30 min approval | ✓ No income/credit check | ✓ Gold safe in bank | ✓ Part payment allowed
Education Loan
Study in India or abroad. Cover tuition fees, accommodation, books, equipment, travel and all education-related expenses. Tax benefits available under Section 80E.
📊 Loan Parameters
| Parameter | Details |
|---|---|
| Loan Amount | ₹50,000 to ₹1,50,00,000 (100% education cost) |
| Interest Rate | 9.00% to 13.50% per annum |
| Repayment Tenure | Up to 15 years after course completion |
| Moratorium Period | Course duration + 6 months to 1 year |
| Tax Benefits | Interest deduction under Section 80E - no limit |
✅ Eligibility
- Student Age: 16-35 years | Co-applicant: Parents/Guardian mandatory
- Admission: Must have secured admission in recognized institution
- Course: Graduate/Post-grad/Professional/Diploma | Study: India or Abroad
📋 Education Expenses Covered
| Expense Type | Coverage Details |
|---|---|
| Tuition Fees | 100% covered as charged by institution |
| Hostel/Accommodation | Full accommodation expenses included |
| Books & Equipment | Up to ₹2 lakhs for study materials |
| Travel (Abroad) | Airfare & travel expenses included |
| Insurance | Health & travel insurance covered |
| Computer/Laptop | Included if required for course |
✓ 100% funding | ✓ Moratorium period | ✓ Tax benefits 80E | ✓ India/abroad | ✓ 15 yrs tenure
Micro Finance Loan (Mudra)
Micro Finance Loan for small businesses, entrepreneurs, shopkeepers, vendors. Three categories - Shishu, Kishor, Tarun. No collateral required with easy documentation. Government-backed scheme.
📊 Loan Categories
| Category | Loan Amount | Purpose |
|---|---|---|
| Shishu | Up to ₹50,000 | Start-up & working capital for micro enterprises |
| Kishor | ₹50,001 to ₹5,00,000 | Business establishment & growth |
| Tarun | ₹5,00,001 to ₹10,00,000 | Business expansion & equipment purchase |
✅ Eligibility
- Age: 18-65 years | Business: Manufacturing, Trading, Services - all types
- Purpose: Business start-up or expansion | Plan: Required for new business
- Collateral: Not required for any loan amount
📊 Loan Parameters
| Parameter | Details |
|---|---|
| Total Loan Amount | ₹50,000 to ₹10,00,000 |
| Interest Rate | 8.00% to 12% per annum |
| Tenure | 12 months to 60 months |
| Processing Fee | Minimal or nil |
| Collateral | Not required for any category |
📄 Documents Required
- Identity: Aadhaar Card, PAN Card, Voter ID
- Address: Aadhaar Card, Utility Bills
- Business: GST/Shop License (if existing business)
- Business Plan/Project Report (for new business)
- Bank Statements: Last 6 months
✓ No collateral | ✓ Min docs | ✓ Quick approval | ✓ Govt scheme | ✓ Low interest
Instant Loan
Quick access to funds within 24 hours for any emergency or urgent requirement. 100% digital process with minimal documentation. Approval in minutes, money credited same day. No physical visit required.
📊 Loan Parameters
| Parameter | Details |
|---|---|
| Loan Amount | ₹10,000 to ₹5,00,000 |
| Interest Rate | 12.00% to 24% per annum |
| Tenure | 3 months to 36 months |
| Processing Fee | 2% to 5% of loan amount |
| Disbursal Time | Within 24 hours of approval |
| Approval Time | Within minutes (digital process) |
✅ Eligibility
- Age: 21-60 years | Employment: Salaried or Self-employed
- Monthly Income: Minimum ₹15,000 | Credit Score: 650 or above
- Bank Account: Min 6 months old | Active mobile number mandatory
📄 Documents Required (Minimal)
- Aadhaar Card (Mandatory for KYC verification)
- PAN Card (Mandatory for identity proof)
- Bank Statements: Last 3-6 months or Recent Salary Slips
- Passport Size Photograph
- Cancelled Cheque or Bank Account Details
✓ Instant approval in minutes | ✓ 24 hrs disbursal | ✓ 100% online | ✓ Min docs | ✓ No physical visit
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