TSL Financial Loan Services

Personal Loan

A personal loan is an unsecured loan that can be used for a number of things, including significant purchases, home renovation, debt consolidation, and medical costs. Personal loans do not need collateral, in contrast to mortgages and auto loans, which are backed by real estate or other assets. To determine whether to authorize the loan, the lender considers a number of variables, including your income and creditworthiness.

Apply Now Check Your File

Features:

Loan amount tailored as per borrower’s income and repayment ability
Unsecured loan with no collateral required
Loan disbursal within 15 working days
Flexible repayment tenure from 1 year up to 20 years
Fixed monthly installments (EMI) for easy budgeting
File Security Money of ₹3,920/- applicable, out of which ₹3,000/- is refundable upon loan closure DOCUMENTARY FEES:- 920(NON- REFUNDABLE)

Eligibility & Documents Required

Indian resident between 21 to 60 years of age
Stable source of income (salaried or self-employed)
Documents required include Valid ID proof (Aadhar, PAN, Passport, etc.), Address proof (utility bills, ration card, etc.), Income proof (salary slips, bank statements for last 6 months), PAN card, and recent passport-sized photographs

Interest Rate

Fixed interest rate of 6.25% per annul applicable on the loan amount Interest rates are fixed and non-negotiable.

Loan Tenure

Loan repayment tenure ranges from 1 year to 20 years, depending on loan amount and borrower’s preference.

Processing Responsibility

Any delay or interruption in the loan application or disbursal process arising from the customer’s or agent’s side will be beyond the company’s control and responsibility.