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About Personal Loan

A personal loan is an unsecured loan. It is a short term loan availed to meet medical emergencies. It is also used to accomplish the different purposes in the life time including wedding, house renovation, holidays, children education, business operations, buying household essentials, and for other reasons.

Applying for personal loans at Loan King is hassle-free, simple, easy, and speedy. Moreover, applicants can make application online at his/her comfortable time. A customer can apply personal loan in Mumbai online at Loan King 24x7.

Why waste time visiting different banks when a customer can apply personal loan online in Mumbai or other cities anytime using Loan King online loan platform from offer, home or other place of comfort. Visit us right now to apply.

Advantage of Personal Loan

Fulfill your different short term financial needs with a Personal Loan. Apply at Loan King for speedy approval.

Medical Emergency

Medical emergency can arise anytime and for the same, Personal loan is recommended. Personal loan is the best. Avail personal loan in Delhi at low interest rate to meet your medical emergency expenses.

Wedding Purpose

You can manage your deram marriage day with our personal loan option. Have the wedding celebration of your dreams. Apply now personal loan for wedding purpose.

Abroad Travel

Get the funds for the expenditure involved in going abroad for taking up employment. Manage your personal with Borrow Company for fulfill your travelling to abroad.

Child Educations

Do not compromise with your child education of higher education in India or abroad. Raise personal loan in Mumbai with instant approval.

Raise fund for your various needs instantly inquire now

Key Benefits of Personal Loan

Personal loan has become the first choice of millions today. It is because of the below advantages it provides to the applicants.

Easy & Simple

Personal loan can be applied online at Loan King in just a few simple steps. It is easy and there is no collateral required.

Great flexibility

Personal loan amount and term can be chosen by the applicants. Moreover, the raised personal loan can be used to fund emergency medical expenses, planned hospitalization, operation, education, travel, wedding, and more.

Competitive Rates

Personal loan customers at Loan King can compare with different banks to enjoy the benefit of low rate of interest. Banks offers personal loan at attractive interest rate.

Choice of Tenure

Personal loan provides the option of choosing the tenure for repayment. A customer can choose the repayment year from 3 to 5 years. The shorter the tenure, higher will be your EMI, the longer the tenure, lower will be your EMI for the personal loan raised from a lender.

Eligibility for Personal Loan

A salaried individual employed in a private or public sector organization can apply personal loan online 24x7. Self-employed and government sector full-time employees are also eligible to avail a personal loan.

Age Limit

60 year is the maximum age of personal loan applicant at maturity

Income Proof

Rs.15,000 a month is the minimum net income proof required

Credit Score

Applicant should fulfill the minimum credit score requirement by a bank

Frequently Asked Questions

An applicant having a question in mind can seek the clarification from our authorized experts and representatives.

Yes, a customer availing a persona loan has the option to pay off personal loan early subject to certain terms defined by a lender. For detail, a customer can refer the term of the lending bank.

A personal loan can be raised from a private or public sector bank. It can also be availed from NBFCs. The rate of interest depends on the applicant profile and the lender. There are many banks that facilitate the option of refinancing. A customer can take the benefit of it in the time of need.

A customer fulfilling the eligibility criteria can apply personal loan online in Delhi at Loan King 24x7. Individual residing in any part of India including Bangalore, Hyderabad, Mumbai, Kolkata, and other places can take the advantage of refinancing facility.

A personal loan applicant needs to fulfill the minimum eligibility criterion.

Below are the eligibilities for a personal loan

  • He/she should have a government approved identity proof
  • A valid proof of residence
  • The minimum net income for a salaried is Rs. 15,000
  • The maximum age at the loan maturity should not be more than 60 years
  • The personal loan applicant need to have the required credit score

Loan King is a loan solution provider based in Mumbai. We have a dedicated online platform developed to connect lenders and borrowers staying in the different corners of the country. Customers can apply for the varied types of loans to accomplish various personal and professional purposes in life.