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    Personal Loan in Madurai

    Airtel Finance offers Flexi Credit up to ₹9 lakh for personal loans in Madurai. You can easily meet your financial needs with the best loan offers, low interest rates, instant approval, and EMI options. The application process is completely digital, and loans are disbursed instantly.

    Purpose And Uses

    Discover how our personal loans can be tailored to meet your specific needs. Whether you need money for travel, education, emergencies, or any other purpose, find the right loan option to fit your unique situation.

    Benefits of Personal Loan in Madurai

    Get a loan on your terms. Choose from flexible EMI and tenure options.

    100% digital process

    Submit all your details and documents online.

    Personal Loan in Madurai approval

    Get your Loan application approved!!

    Flexible EMIs and tenure

    Choose the loan tenure and EMI amount as per your need.

    Why Choose a Personal Loan in Madurai?

    A personal loan in Madurai can boost your finances without the need for collateral. Without restrictions on how to use the loan amount, you can easily fulfil your personal goals or address unexpected expenses. Opting for a personal loan in Madurai provides financial flexibility and convenience.

    How to apply for a personal loan in Madurai?

    Follow the simple steps mentioned below

    Open Airtel Thanks app

    Find Shop > Airtel Finance

    Select Flexi Credit

    Fill in your basic details

    Get best offer

    Basis profile verification

    Complete the KYC

    Link your bank account

    Personal Loan in Madurai EMI Calculator

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

    Loan Amount ₹50,000
    ₹50,000
    ₹50K₹10L
    Interest Rate 10%
    10%
    5%20%
    Tenure 1 Year
    1 Year
    1Y5Y
    Get Instant Personal Loan in 30 Mins*!

    Features of Personal Loan in Madurai

    With Airtel Finance, you get

    Personal loan amount

    ₹10,000 to ₹9,00,000

    Interest rates

    Starting from 11.5% p.a.

    Personal loan tenure

    03 to 60 months

    Credit disbursal

    Within 24 hours

    No paperwork

    100% online

    Low processing fee

    2% to 4% + GST

    Personal Loan in Madurai Eligibility Criteria

    To be eligible for a Personal Loan in Madurai, 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 Madurai.

    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 Madurai.

    FAQs on Personal Loans in Madurai

    Personal Loan Lending Partner - Airtel Flexi Credit

    Get a Personal Loan in Madurai

    Personal loans in Madurai 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. It aims to provide comprehensive information to help you make an informed decision.

    Eligibility Criteria for Personal Loan in Madurai


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

    • Age: Usually between 21 and 60 years.

    • Employment Status and Income Stability: Proof of stable employment and income is required.

    • Credit Score and Credit History: A score of 720 and above is preferred.

    • Madurai Residency Proof: Proof of residency in Madurai is required.


    How to Apply for a Personal Loan in Madurai?


    Applying for a personal loan in Madurai is a straightforward process, and you can do it through various channels. Here are the steps:

    Via Airtel Thanks App:

    • Download the Airtel Thanks App.

    • Log in using your mobile number.

    • 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 personal details (name, DOB, etc.).

    • Fill in the employment details, including the PAN and Aadhaar numbers.

    • 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 finalize the application.

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


    Key Features and Benefits of Personal Loans in Madurai


    Personal loans in Madurai offer several advantages, including:

    • Quick Approval and Disbursal: Fast processing and fund disbursement.

    • Flexible Repayment Tenure: Various repayment options.

    • No Collateral Required: Unsecured loans do not need security.

    • Competitive Interest Rates: Attractive rates offered.

    • Multiple Uses: Funds can be used for emergencies, education, home renovations, or debt consolidation.


    Key Documents Required to Apply for a Personal Loan in Madurai


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

    • Identity Proof: Aadhar card, passport, driving license.

    • Address Proof: Utility bills and rental agreement.

    • Income Proof: Salary slips, bank statements.

    • Employment Proof: Company ID, employment letter.


    Fees and Charges for Personal Loans in Madurai


    When taking a personal loan in Madurai, 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 Madurai


    Interest rates for personal loans in Madurai vary based on your credit profile, loan amount, tenure, and lender policies. Comparing rates from different lenders is essential to secure a competitive rate that meets your financial needs.

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