Frequently Asked Questions About Loans and Loan Assistance

Almost any genuine personal need: medical bills, a wedding, education, travel, home repairs or paying off costlier debt. Lenders may ask about the purpose, and some uses, such as speculation, are not allowed.

No. A personal loan is unsecured, so you do not pledge property or gold. Approval rests on your income, credit score, existing EMIs and the lender’s policy.

It depends on your monthly income, the EMIs you already pay, your credit history, your job stability and the tenure you choose. Our eligibility calculator assumes your total EMIs stay within half of your net monthly income, but each lender sets its own limit.

Yes. Self-employed professionals and business owners can apply. Lenders usually ask for ITRs and bank statements instead of salary slips, and the amounts and terms on offer can differ from salaried loans.

It depends on how complete your documents are, the lender’s credit and verification checks and its own process. Having every paper ready is the best way to avoid delays. We help with that, but we cannot promise a fixed timeline.