
Coimbatore is located in the heart of Tamil Nadu. The city is popular for its flourishing industries and natural beauty. It also carries a rich cultural heritage, varied population and artistic culture. It’s a city that fulfils dreams for many.
It's a bit difficult to survive in this city with a nominal income. To fulfil your needs, you can opt for a personal loan. lendingplate offers instant personal loan in Coimbatore at low interest rates.
Whether you are planning to get your child married, want to buy a laptop or it’s a medical emergency, we offer you a personal loan which fulfils varied purposes. You can go to the lendingplate website and apply for an instant personal loan in Coimbatore. The Loan amount can range from ₹10,000 to ₹2.50,000, with a repayment tenure ranging from 3 to 15 months.
Want to plan your payments with our personal loan EMI calculator monthly? Get clear numbers in seconds to make smarter borrowing decisions.
If you are looking for an instant loan in Coimbatore, then lendingplate is the best option. A personal loan from lendingplate comes with a lot of benefits. This reduces your overall financial burden. Let’s have a look at the top features of instant personal loan in Coimbatore:
The entire loan process is online, and you don’t have to visit any physical branch. You can complete the loan process online in 10 minutes.
We offer collateral-free loans. You don’t have to provide any security for an instant cash loan in Coimbatore.
Whatever the purpose, at lendingplate you can get a loan as per your needs. Whether it's education, wedding or travel, we have the best offer for you.
If the applicant fulfils all the eligibility criteria for a personal loan, then the loan will be approved quickly. The funds will be credited to the bank account within 24 hours.
We don’t want to burden you with high instalments. Hence, we offer affordable EMIs which reduce your financial burden.
Getting a loan depends on meeting basic conditions that show you can repay. We check these factors to approve your loan application quickly and without trouble.
We keep paperwork simple so you get your personal loan in Bangalore faster without delays. These documents help us verify your details and process your application right away.
When you decide to apply for an instant personal loan in Coimbatore, you will need to check your loan eligibility. You can go to the lendingplate website and get it checked.
If you are eligible for the personal loan, then you can initiate the application online. Fill up the basic details in the online form and submit it.
Once you have initiated the loan application, the next step is uploading documents. You will need to upload the necessary documents for verification.
We have a specialised team of experts who review your loan application. After reviewing it will be decided whether to approve the loan or not.
If you meet the necessary requirements, have a good credit score, and all documents are legit, then your loan will be approved.
After the loan approval, funds will be credited to your bank account within 24 hours.
We at lendingplate maintain complete transparency with our interest rates as well as other charges mentioned below –
Charges | Details about the Charges |
Processing Fee | 1% - 5% of loan amount |
Conversion Fee | 1 - 5% of the amount |
Interest Rate | 12% - 36% per annum |
Foreclosure | 5% of the amount [Nil when prepaid on or after your] |
Mandate Return Fee | 500/- [inclusive of GST] |
You need to have a minimum income of ₹20,000 to apply for a personal loan in Coimbatore.
A minimum credit score of 750 is required to get an instant personal loan in Coimbatore.
If you fulfil all the requirements, then your loan will be approved and disbursed within 24 hours of application.
If you miss out on paying any EMI on time, then you will face penalty charges. This will negatively impact your credit score. Due to this, you will face difficulty in getting loans.
There are specific scenarios which allow you to claim tax benefits for personal loans. For example, if you opt for a personal loan for home renovation, home construction, education expenses, or starting a business, then you can claim tax benefits.
NRIs are not eligible for personal loans in Coimbatore.
The maximum loan you can get from lendingplate is ₹2.50 lakhs.
To check the eligibility of a loan, one can refer to the eligibility criteria set by the lender. One can also use a personal loan eligibility calculator to check loan eligibility.
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