Maha Finance India Credit offers personal loans at low interest rates to eligible borrowers. Our online application process enables salaried individuals to apply for a personal loan from the comfort of their homes. Our customised solutions and transparent procedures have enabled us to serve millions of customers across India.
Here are a few of the benefits of an Maha Finance Personal Loan :
• One can apply for a personal loan online with a 100% paperless process
• Collateral-free loans at affordable rates, with minimal documentation and flexible repayment tenures
• One can use the funds obtained through a personal loan for any purpose, including home improvement, wedding arrangements, business requirements (for self-employed), family vacation, debt consolidation, or medical emergency
1. Eligibility criteria To know the maximum amount you may be able to get based on your income and existing monthly obligations, you can simply click on our. Before calculating the eligibility, select the appropriate option for you from ‘Salaried’ or ‘Self-Employed’.
Age : 18 - 60 years
Income : Minimum Rs 15,000/month for salaried applicants.
Credit Score : A credit score of 720 or above is preferred if you want to qualify for an expected loan amount. Anything lower than that might reduce your chances of getting a personal loan.
Employment status : You need to be an employed/salaried individual to be eligible.
2.Documents required for Personal Loan : The following documents are required to apply for a Personal loan.
• A filled-out and signed loan application form with a passport-size photo.
• KYC documents (Aadhaar card, passport, driver's licence, or voter ID)
• Age proof (Aadhaar card, passport, driver's licence, birth certificate, school leaving certificate, or PAN card)
• Signature proof (passport, PAN card, or banker’s verification)
• One-year employment proof
• Salary slip from the past 3 months
• Bank statement from the past 6 months