Personal Loan for Salaried

In order to avail a personal loan, you don’t have to pledge any collateral or security unlike a home loan or a Loan against property. To apply for a personal loan, you need to submit minimum documents. Based on an individual’s repayment history, monthly income, age, profession, employer and other such factors, lenders offer personal loans of an amount as low as Rs. 10,000 to as high as Rs. 40 lakh. The amount may vary from lender to lender.