Personal Loan in Odisha

Overview of Personal Loan in Odisha

Personal Loan in Odisha is an ideal financial option at times of any financial emergencies. With the help of Personal Loan in Odisha, you can meet your medical expenses, wedding costs, vacation expenses, home renovation and much more. Personal Loan in Odisha requires no security to keep with the bank so, it is an unsecured Personal Loan in Odisha. Very minimum documentation and loan processing time ease up the process of Easy Personal Loan in Odisha. You need to have a good credit score with adequate income and minimum applying age to avail urgent Personal Loan in Odisha at the lowest interest rate. But low cibil score Personal Loan in Odisha is charged a higher interest rate. You can avail online Personal Loan in Odisha up to Rs. 25 lakhs which you can repay with easy EMI with a loan tenure up to 1 year to 5 years.

Why you should opt for Personal Loan in Odisha?

Odisha was earlier known as Orissa is one of the progressive economies mainly focusing on the agricultural sector. But gradually the state is developing towards industrial and service-based sector thus improving the economy attracting huge population. With the industrial expansion, the need for personal finance increased thus the need of Personal Loan Odisha increased manifold. For Instant Personal Loan in Odisha, you need to have a decent CIBIL score with a good source of income.

Here are some reasons as to why you should opt for Personal Loan in Odisha-

• Unsecured Personal Loan in Odisha requires no collateral to keep with the financial institutions.
• Online Personal Loan in Odisha eases up your loan process and you can easily apply for it sitting in your home or office.
• Instant Personal Loan in Odisha can be easily available at an attractive interest rate.
• Personal Loans in Odisha charges low processing fees with no hidden charges.
• With simple paperwork and easy loan approval, Personal Loan in Odisha can be repayed with easy EMI.
• Before applying for a loan, you can compare personal loan interest rates in Odisha of different banks and NBFCs.

Eligibility Criteria for Personal Loan in Odisha

Very minimum eligibility criteria need to be satisfied for Personal Loan in Odisha. You need to have a decent income, minimum CIBIL score of at least 750 or above to get easy Personal Loan in Odisha at low interest rate. Moreover, if you pay off all your debts before applying for the loan, then you can get low interest Personal Loan in Odisha.

Following are the eligibility criteria that you must satisfy to apply for Personal Loan in Odisha-

Documents required for Personal Loan in Odisha

You need to submit the following important documents when you are applying for Personal Loans in Odisha-

• Passport size photo
• ID proof- PAN Card, Ration Card, AADHAR Card
• Address Proof- Driving License, Any kind of Utility Bills like- Water, Electricity or Gas Bills, Passport
• Application form for Personal Loan

• For Self-Employed

• Verified copy of Partnership Deed/Memorandum and Articles of Association/Sales Tax Certificate/Trade License
• Last 3 years details of ITR
• Copy of Profit & Loss statement of the last 2 years and Balance Sheet of last 2 years

• For Salaried

• Salary slip of the past 3 months.
• Statement of an updated bank a/c of past 6 months.
• Copy of Form 16.

Personal Loan Interest Rates in Odisha of different Financial Institutions

You can go for easy Personal Loan in Odisha by comparing Personal Loan interest rates in Odisha of all banks and NBFCs-

*Interest rates change time to time.