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Loan Eligibility Criteria
Should be an Indian resident
Salaried Employee
Need to be Savings Bank Account Holder
Above 25 years of age is mandatory
Should have required documents
Documents Required
Your personal loan application should be completely filled with your current photograph
PAN Card is required
Residence proof – Driving Licence, Voter ID, Passport, Utility Bills (Electricity/Water/Gas), Post-paid/Landline Bill
Last 3 months' bank statements of the salary account
Last 3 months' Salary Slips
Rates and Fees
Monthly Interest Rate
2.9166
Offered Annual Percentage Rate (APR)
35% (Fixed)
Tenure/Repayment Period
2.9166
Minimum-Maximum Loan Amount
INR 10,000- 5,00,000
Processing Fee
2%
GST on Processing Fee (Exclusive)
18%
Representative Example
| Loan Amount | APR | Tenure | Processing Fee | GST on Processing Fee | Amount Disbursed | EMI | Total Repayment Amount | Total Interest |
|---|---|---|---|---|---|---|---|---|
| ₹ 50,000 | 35% | 12 Months | ₹ 1,000 | ₹ 180 | ₹ 48,820 | ₹ 4,998 | ₹ 59,978 | ₹ 9,978 |
Company Accreditation
We are registered under the name AVINASH CAPITAL MARKETS PRIVATE LIMITED, a registered NBFC (non-banking financial institution), approved by RBI.
