headercom

Did You Know?

We serve loans, the best way you can borrow

Great Place to Work

Introduction to Personal Loans in Delhi

At lendingplate, we offer personal loan in Delhi solutions to help you get money fast. You can borrow between ₹10,000 to ₹2,50,000 for any need you might have. Our team works hard to get you funds within 30 minutes after approval. We know that life brings many costs like weddings, festivals, medical bills or buying new things.

Our instant loan in Delhi gives you the money to handle these costs without stress. You can apply from anywhere using our app or website. We check your details quickly so you get money in your account the same day. Our customers love how fast and simple we make the loan process. Maximum people in Delhi trust us for their money needs. So, we at lendingplate care about your experience – so that you can get the best rates possible.

Features and Benefits of Personal Loans in Delhi

lendingplate

Quick Approval Process

We at lendingplate approve your personal loan in Delhi application within minutes. You only need to fill in basic details and share your online banking information. We use our special credit system to check your details right away.

lendingplate

Flexible Loan Amounts

You can choose how much money you want to borrow based on what you need. Our loan starts from ₹10,000 and goes up to ₹2,50,000. You pick the amount that works for your situation.

 

lendingplate

Minimal Documentation

We only ask for the most important papers to give you a loan. You need to show your ID proof, address proof and income details. We don't make you collect lots of extra papers or fill out many forms.

 

lendingplate

Fully Digital Process

Apply for your loan from anywhere using just your phone or computer. The entire process happens online from start to finish. You don't need to visit any office or meet anyone.

 

Eligibility

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.

  • Age above 21 years
  • Monthly income of at least ₹20,000
  • Indian citizen living in Bangalore
  • Regular employment or business
  • Active bank account for transactions
  • A good credit history is always appreciatable

 

Documents

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.

  • Identity Proof (Aadhaar Card / PAN Card / Voter ID / Driving License)
  • Address Proof (Aadhaar Card / Utility Bills / Rent Agreement)
  • Income Proof (Salary Slips / Bank Statements / Form 16 / ITR)
  • Photograph (Recent passport photo)
  • Bank Account Statement (Last 3 months)
  • An email ID and a valid phone number

How to Apply for a Personal Loan in Delhi?

lendingplate

Fill Basic Details

Complete our short application form with your personal information and banking details through our website or mobile app.

lendingplate

Submit Documents

Upload your identity, address and income papers through our app for quick verification of your loan application.

lendingplate

Get Verified

Our team checks your details and papers right away to make sure everything is correct for loan approval.

lendingplate

Receive Approval

After successful verification, we approve your loan request and prepare to send money to your account.

lendingplate

Get Money Fast

We send the loan amount to your bank account within 30 minutes of final approval.

Interest Rates and Charges on Personal Loans in Vadodara

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]

Frequently Asked Questions

You need to earn at least ₹20,000 per month to qualify for a loan from lendingplate. We look at your monthly salary to check if you can pay back the loan comfortably. This income limit makes sure you don't take a loan that would be hard to repay. We might ask for your salary slips or bank statements to confirm your income.

Yes, you can apply for our loan even if you don't have a credit score or have a limited credit history. We use our own system called social loan quotient that looks at many factors beyond just credit score. New earners who have never taken loans before can still get approved. We might look more closely at your income stability and other financial details. First-time borrowers might get smaller loan amounts until they build a payment history with us.

Our loan gets processed much faster than traditional bank loans. The whole process, from application to money in your account, takes just 30 minutes if all your papers are correct. You apply online, so there's no waiting in lines. Our system checks your details right away using technology. The verification happens automatically in most cases. Some applications might need extra checks that take a bit longer.

Missing payments on your loan results in late fees and might hurt your credit score. We charge extra money on delayed payments as per our loan agreement. Your credit score can go down – making future loans harder to get. We send reminders before due dates to help you remember. If you know you'll miss a payment, contact us beforehand to discuss options. We sometimes offer payment plans for customers facing temporary money problems.

Our loans don't give direct tax benefits like home loans do. The loan amount you get is not counted as income – so it's not taxable. You cannot claim tax deductions on the interest you pay for general personal loans. However, if you use the loan for business purposes, you might claim tax benefits under certain sections. Keep proper records if you plan to use the loan for business. Always consult a tax expert about your specific situation.

NRIs can apply for our loan if they have an Indian bank account and valid income proof. You need to show your NRI status and foreign income details. We might ask for additional papers compared to resident Indians. The loan amount gets paid to your Indian bank account only. You must follow all RBI rules for foreign exchange when repaying the loan. Interest rates might differ slightly for NRI applicants based on risk factors.

The highest loan amount we offer is ₹2,50,000 based on your income and credit profile. Your monthly income plays a big role in deciding your loan limit. We typically approve up to 10 times your monthly salary (depending on other factors). Your credit score and payment history influence the final amount. People with excellent credit records might qualify for the maximum amount. First-time borrowers usually start with smaller loan amounts.

You can check if you qualify for our personal loan in Delhi through our website eligibility calculator. Enter basic details like your age, income and employment information. The tool instantly tells you if you likely qualify and estimates your loan amount. This check doesn't affect your credit score at all. You can try different loan amounts to see what works best. For more exact results, call our customer service team – who can help assess your situation.

Personal Loan as per Budget

Select the loan details you want to know

Personal Loan as per Salary

Select the loan details you want to know

Instant Personal Loan For Various Purposes

Planning your perfect wedding shouldn't be limited by money worries. Book the perfect venue, hire top photographers and order those gorgeous outfits today. A marriage loan covers everything from venue bookings to catering services. Our marriage loans bring you flexible repayment options and fast approvals. Start planning your special celebrations with the support of instant financing.

Learn More

Want to explore new places, but your savings are falling short? A travel loan brings your dream holiday closer, letting you book flights and hotels right away. Pay in simple monthly instalments that match your salary. No need to touch your savings or miss those limited-time travel deals. Create wonderful memories now with our fast-track travel loans.

Learn More

Multiple debts causing stress? Say goodbye to financial stress as you work steadily to become debt-free with simplified money handling. Stop juggling multiple payments and high interest rates. Get one loan to clear all your debts with lower monthly payments. Track your progress easily as you move steadily toward becoming debt-free with simplified money management.

Learn More

Make your living space better without emptying your savings account. Fix that leaky roof or build the kitchen you've always wanted. Get competitive interest rates and flexible repayment options. Quick approvals mean you can start work fast. Smart interest rates and easy EMIs help you create better living spaces with peace of mind.

Learn More

Getting urgent medical care shouldn't depend on your bank balance. Medical emergency loans give you quick access to funds when health issues strike. We care about your health with instant medical loans. Get started with minimal paperwork and receive money in your account within hours. Easy repayment terms let you concentrate on recovery while managing your finances sensibly.

Learn More