Personal Loan in Delhi

Eligibility Criteria for Personal Loan in Delhi

1. Age Requirement: You need to be between the age of 21 to 60.


2. Employment Status: Consistent employment is an important criterion. A constant job history is required for salaried persons, while a steady revenue flow is required for self-employed individuals.


3. Salary Criteria: It is important to look at your salary to guarantee you can repay the loan. This includes examining pay stubs, bank statements, and other financial information.


4. Credit Score: A strong credit score is essential since it represents your creditworthiness. A higher score enhances the likelihood of loan acceptance and may result in better loan conditions.


5. Indian Nationality: You must be a resident of India to apply for a personal loan in Delhi.

How to apply for personal loan in Delhi?

•     Step 1: Download the Airtel Thanks App.


•     Step 2: Login using your mobile number.


•     Step 3: Fill in your PAN details.


•     Step 4: Enter your bank details to receive the loan amount.


•     The loan amount will be credited immediately!

•     Step 1: Visit the Airtel Personal Loan website.


•     Step 2: Scroll down to find the QR code to initiate your loan application.


•     Step 3: Scan the QR code.


•     Step 4: The QR code will redirect you to Airtel Personal Loan application page.


•     Step 5: Start your application by entering your personal details like name, DOB, etc.


•     Step 6: Fill in the employment details with PAN and Aadhaar number.


•     Step 7: Confirm the details that you have entered.


•     Step 8: If you are eligible, you will instantly see the loan offers you are eligible for. If not, your online instant personal loan application will be rejected.


•     Step 9: Choose one of the loan offers and proceed with the application.


•     Step 10: Complete the KYC.


•     Follow the instructions shown on the screen and complete the personal loan application online.


•     Post approval, the loan amount will be credited to your account within 24 hours.


•     Open the Airtel personal loan page on your smartphone.


•     Click on the ‘apply for Airtel personal loan’ button.

Key Features and Benefits of Personal Loans in Delhi

•     Flexi credit of ₹10,000 to ₹9,00,000.


•     Rate of interest starting from 11.5%.


•     Personal loan tenure of 3 to 60 months.


•     Credit disbursal within 24 hours.


•     No paperwork is needed.


•     Low processing fee of 2% to 5% + GST.

•     Flexibility to choose your loan amount, tenure, and even the EMI amount as per your needs.


•     Immediate money transfer to your account.


•     Quick and cashless process.

Key Documents Required to Apply for a Personal Loan in Delhi

•     Name, address, PAN card number, Aadhar Card number.


•     Employment details.


•     Bank details.


•     Following these you need to complete your online KYC process.

Fees and Charges for Personal Loan in Delhi

Understand Personal Loan Interest Rate in Delhi

Things to Avoid while applying for a Personal Loan in Delhi

•     Not maintaining your credit card bills: If you have other loans or a credit card with a large balance, your loan application will almost certainly be denied. Other EMIs and credit card expenses lower your take-home pay. For personal loan approval, maintain your credit use to a minimum.


•     Ignoring your loan repayment capacity: Make sure that the total reduction in interest expenses considerably surpasses any prepayment fees imposed by your lender, if applicable.