Personal Loan in Aurangabad

With Airtel Finance’s Flexi Credit, you can easily apply for a personal loan of up to ₹9 lakh in Aurangabad. Benefit from the best loan offers, low interest rates starting from 12.75% per annum, instant credit approval, and flexible EMI repayment options. The fully digital application process ensures quick loan disbursal, empowering you financially.

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Why Choose a Personal Loan in Aurangabad?

Opting for a personal loan in Aurangabad can significantly boost your finances without the need for collateral. With no restrictions on how you utilise the loan amount, a personal loan offers the flexibility to meet your diverse financial needs, be it for personal or professional purposes.

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Personal Loan in Aurangabad EMI Calculator

Estimate your monthly EMI for a personal loan in Aurangabad with the Airtel Finance EMI calculator. Input the loan amount, tenure, and interest rate for quick results.

Personal Loan EMI Calculator

Estimate your monthly EMI for a personal loan with the Airtel Finance EMI calculator.
Input the loan amount, tenure, and interest rate for quick results.

Loan Amount ₹5,000

₹5K₹10L

Interest Rate 10%

5%20%

Tenure 3 Months

3M5Y

Loan Amount

Total Payable

Monthly EMI

Get Instant Personal Loan in 30 Mins*! Get Instant Personal Loan in 30 Mins*!

Personal Loan in Aurangabad Eligibility Criteria

To be eligible for a Personal Loan in Aurangabad, borrowers need to meet some criteria:

Age Criteria

The borrower must be between the age group of 21-60 to be eligible for a Personal Loan in Aurangabad.

Stable Income Source

The borrower must have a stable source of income, such as a salary or business income.

Minimum Credit Score

The borrower should have a decent credit score to be eligible for a Personal Loan in Aurangabad.

FAQs on Personal Loans in Aurangabad

To be eligible for a personal loan in Aurangabad, you must meet certain eligibility criteria, such as being at least 21 years old, having a stable income (either salaried or self-employed), and maintaining a decent credit score. Lenders will assess your eligibility based on these factors.

Applying for a personal loan in Aurangabad is a simple, digital process. You can apply via the Airtel Thanks App or the Airtel website. Just provide your personal, employment, and bank details, submit the required documents online, and get instant approval and disbursal within 24 hours.

When applying for a personal loan in Aurangabad, you generally need to submit your PAN card, Aadhaar card, bank statements, salary slips (for salaried individuals), and proof of business income (for self-employed individuals). The specific documents required may vary depending on the lender.

Getting a personal loan in Aurangabad with a low credit score can be challenging, as most lenders prefer applicants with good credit scores. However, some lenders may offer personal loans to those with lower credit scores, albeit at higher interest rates. It’s best to check with multiple lenders and compare their offerings.

The time taken for personal loan approval and disbursement in Aurangabad varies from lender to lender. With Airtel Finance, you can get instant approval and disbursal within 24 hours, thanks to their 100% digital application process. Other lenders may take longer, ranging from a few days to a week or more.

Prepayment charges for personal loans in Aurangabad vary from lender to lender. Some lenders may charge a prepayment penalty, while others may allow you to prepay your loan without any extra charges. It’s essential to check with your lender about their prepayment terms before applying for a personal loan in Aurangabad.

To calculate your EMI for a personal loan in Aurangabad, you can use an online EMI calculator. Simply enter the loan amount, tenure, and interest rate, and the calculator will instantly show you the EMI amount, along with the total interest payable and the total amount payable over the loan tenure. This helps you plan your repayment better.

Get a Personal Loan in Aurangabad

Personal loans in Aurangabad are available from various financial institutions to meet urgent cash needs. This guide covers the process, personal loan, eligibility criteria, application procedures, key features, required documents, fees, and charges. Whether you need funds for emergencies, education, home renovations, or debt consolidation, a personal loan can provide you with the necessary financial support.

Eligibility Criteria for Personal Loan in Aurangabad

To qualify for a personal loan in Aurangabad, you must meet certain eligibility criteria. Here are the key requirements:

Age: Usually between 21 and 60 years

Employment Status: Stable employment with a regular income source

Credit Score and Credit History: A good credit score (typically 720 and above) is preferred

Residency Proof: Proof of residency in Aurangabad is required

Meeting these criteria increases the chances of loan approval and favourable terms.

How to Apply for a Personal Loan in Aurangabad?

You can apply for a personal loan in Aurangabad through various channels, including online and offline methods. Here are the steps:

Via Airtel Thanks App:

Download the Airtel Thanks App

Enter your PAN details

Provide your bank details to receive the loan amount

The loan amount will be credited immediately

Via Airtel Website:

Visit the Airtel Personal Loan website

Scroll down and scan the QR code

The QR code redirects you to the application page

Enter your details (name, DOB, etc.)

Fill in employment details, including PAN and Aadhaar number

Confirm the entered details

If eligible, view available loan offers; if not, the application will be rejected

Select a loan offer and proceed with the application

Complete the KYC process

Follow the on-screen instructions to finalise the application

After approval, the loan amount will be credited within 24 hours

Key Features and Benefits of Personal Loans in Aurangabad

Personal loans in Aurangabad offer several advantages, including:

Quick approval and disbursal of funds

Flexible repayment tenure options

No collateral required (unsecured loans)

Competitive interest rates

Multiple purposes: emergencies, education, home renovations, debt consolidation, etc.

Key Documents Required to Apply for a Personal Loan in Aurangabad

To apply for a personal loan in Aurangabad, you will typically need to provide the following documents:

Identity proof (Aadhaar card, passport, driving licence)

Address proof (utility bills, rental agreement)

Income proof (salary slips, bank statements)

Employment proof (company ID, employment letter)

Accurate and timely document submission is crucial for a smooth application process.

Fees and Charges for Personal Loans in Aurangabad

When taking a personal loan in Aurangabad, you should be aware of the following fees and charges:

Processing Fee: Charged by the lender for processing the loan.

Prepayment Charges: Fees for repaying the loan early.

Late Payment Fees: Charges for delayed payments.

EMI Bounce Charges: Fees for bounced EMI payments.

Foreclosure Charges: Costs for closing the loan early.

Understand Personal Loan Interest Rate in Aurangabad

Interest rates for personal loans in Aurangabad vary based on your credit profile, loan amount, tenure, and lender policies. Comparing interest rates from different lenders is essential to secure a competitive rate that meets your financial needs. A higher credit score and stable income can help you qualify for lower interest rates.

Airtel Finance

Personal Loan in Aurangabad

Purpose And Uses

Benefits of Personal Loan in Aurangabad

100% digital process

Personal Loan in Aurangabad approval

Flexible EMIs and tenure

Why Choose a Personal Loan in Aurangabad?

How to apply for a personal loan in Aurangabad?

Open Airtel Thanks app

Select Flexi Credit

Get best offer

Complete the KYC

Personal Loan in Aurangabad EMI Calculator

Personal Loan EMI Calculator

Monthly EMI

Features of Personal Loan in Aurangabad

Personal loan amount

Interest rates

Personal loan tenure

Credit disbursal

No paperwork

Low processing fee