Education
College admission, tuition, hostel fees or coaching for a competitive examination.
Quick help, when you need it
Personal Loan
An unsecured loan for the things life does not schedule in advance.
Overview
Not every need can wait for a property valuation, and not every family has gold to pledge. A personal loan is unsecured credit assessed on your income and repayment record — simple to apply for, quick to decide, and repaid in fixed monthly instalments you can plan around.
There is no restriction on how you use the funds, provided the purpose is lawful and disclosed at application. Members commonly use this loan for education fees, a wedding in the family, medical treatment, home repairs or clearing a costlier borrowing.
Because there is no security behind it, the rate on an unsecured loan is higher than on a gold or property loan. If you own either, we will say so and let you compare — a smaller total cost matters more to us than a larger sanction.
No collateral required
Nothing to pledge and no security documents to arrange.
Easy, short process
A compact document set and a decision that does not take weeks.
Fixed monthly instalment
The same amount every month for the full tenure, so budgeting is straightforward.
Flexible tenure
Choose a shorter tenure to pay less interest, or a longer one to ease the monthly load.
Common uses
What members use this loan for
Marriage & family events
Meet planned expenses without disturbing long-term savings or pledging assets.
Medical & emergencies
Cover treatment costs immediately and repay in comfortable instalments.
Before you apply
Eligibility & documents
Final eligibility is always confirmed after appraisal, as per prevailing Government norms.
Who can apply
- Indian resident, generally 21 years or above at application
- Regular verifiable income from salary, business or profession
- Minimum period in current job or business as per our policy
- Satisfactory repayment record on existing borrowings
- Valid KYC and an active bank account
Documents to keep ready
- Aadhaar and PAN
- Recent passport size photograph
- Address proof
- Bank statement for the last 6 months
- Salary slips for the last 3 months, if salaried
- Business proof and income records, if self-employed
Plan your instalment
Estimate your EMI
The sliders start at a typical figure for this product. Move them to match your own plan.
₹10,000₹1 Cr
6%26%
6 months20 years
Monthly EMI
₹0
Principal₹0
Total interest₹0
Total payable₹0
Instalments0 months
Indicative only. Rates shown are illustrative and are not an offer. Your actual rate, fees and eligibility are confirmed at sanction as per Government norms.
Apply with these figures
Questions
Personal Loan — frequently asked
Do I need a guarantor?
Depending on the amount and your profile, a guarantor or co-applicant may be required. We tell you at the enquiry stage, not after you have submitted everything.
How is the instalment fixed?
Your EMI is calculated from the sanctioned amount, the rate and the tenure. Use the calculator on this page to see the effect of each before you apply.
Can I foreclose the loan?
Yes. Foreclosure terms and any applicable charge are set out in your sanction letter.
Will a missed instalment affect my record?
Yes — delayed payment attracts additional interest and is reported as part of your repayment history. If you anticipate difficulty, contact us before the due date.
Ready to apply for your personal loan?
Send us your details and a member of our team will call you back to confirm eligibility and the exact documents you need.