Short-Term Loan Overview

Apply Personal Loan Online

Upto 40 Lacs* @ 10.99%* P.A

Enter Your Monthly Salary!

Salary should be Minimum Rs.15,000!

Salary should be Maximum Rs.10 Crore!

Enter Your Turnover!

Minimum Turnover Should Be Rs. 3Lakhs!

Your Turnover Limit Exceeded!

Enter Loan amount!

Minimum Loan amount is Rs.15,000 !

Maximum Loan amount is Rs. 75 Lakhs!

Please Enter Your Company Name

Please Enter Valid Company Name

Please Enter PAN Card No

Please Enter Valid PAN Detail

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Please Enter Your Name !

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Name Must Contain Only Alphabets !

Please Enter Your Email Id

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Please Enter Your Mobile No.

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Short-Term Loan is a kind of loan people take for short tenure which is less than one year. These short-term loans are really helpful when you are planning for your anniversary or planning for your birthday. The interest rate is not so high. Most of the time Short-Term Loans are provided by private finance companies.

How to apply for Short-Term Loans?

You can apply online easily for short-term loans in India. There are so many lenders who offer short-term loans online. Before applying for any short-term loans you should check some thinks below we will discuss those and how you can apply online for a short-term loan.

  • The most important thing before taking any loan is to compare the interest rate from online. If you are planning to avail a short-term loan you should check the interest rate, processing fees, late repayment charges and how good customer service is.
  • Before applying online for a short-term loan to a particular lender first make sure that you can match the eligibility criteria that the lender is offering.
  • You must fill the application form online. You have to write the key details in your forms like the loan tenure, loan amount and your contact details.
  • Once you have submitted your short term loan application you have to wait for lenders approval. The lender needs to verify your application.
  • If your short-term loan gets approved you will receive the fund in your bank account.

Eligibility Criteria for Short-Term Loans

  • You should be a resident of India if you are availing a short-term loan.
  • You must be a salaried individual or self-employed individual.
  • You should be over 18 years.
  • For a short term loan must have a savings bank account.
  • Your monthly income should be at least Rs.15,000
  • If you are a salaried person you must have an experience of two years.
  • If you are self-employed then you should have a business at least for one year.
  • DOCUMENTS REQUIRE to IDFC Personal Loan Eligibility Criteria

KYC DOCUMENTS to fulfill IDFC Personal Loan Eligibility Criteria

  • Pan Card
  • Adhaar Card
  • Voter’s ID
  • Passport   Size Photo

INCOME DOCUMENTS to fulfill Short-Term Loans

  • Salaried: Last 3 years of PAYSLIPS, 6 months’ salary account bank statement.
  • Self – employed: IT files of the last 2 years, Financial Documents, last 6 months primary account statement of the company.
  • Installments applicant is currently paying, all the numbers of credit cards and credit limit applicant has.

PROOF OF EMPLOYMENT / BUSINESS CONTINUITY to fulfill Short-Term Loans eligibility criteria

  •  Salaried: Form 16 or appointment letter of 2 years earlier.
  • Self Employed: Tax registration certificate of dated 2 years or an earlier period.
  • Property Documents (HL/LAP) to fulfill Short-Term Loans eligibility Criteria
  • If the property is under construction proof of booking amount or allotment letter.
  •  If the property is ready Sale deed, Property tax paid certificate (latest).

Enter Loan amount!

Minimum Loan amount is Rs.15,000 !

Maximum Loan amount is Rs. 75 Lakhs!

Proceed

Enter Your Monthly Salary!

Salary should be Minimum Rs.15,000!

Salary should be Maximum Rs.10 Crore!

Enter Your Turnover!

Minimum Turnover Should Be Rs. 3Lakhs!

Your Turnover Limit Exceeded!

Proceed
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Please Enter Your Company Name

Please Enter Valid Company Name

Please Enter Your City Name

Please Enter Valid City Name

Proceed
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Please Enter PAN Card No

Please Enter Valid PAN Detail

Proceed
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Please Enter Your Name !

Please Enter Valid Name !

Name Must Contain Only Alphabets !

Please Enter Your Email Id

Please Enter Valid Email Id

Please Enter Your Mobile No.

Please Enter Valid Mobile No.

Invalid Mobile No.

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