Eligibility of personal loan in Vijaya Bank relies upon different factors but the most important factor is your ability to repay the loan. The main factors on which the eligibility of an applicant depends are
Age: Age plays an important role to know your eligibility and repayment capacity. Vijaya Bank offers personal loan to salaried individuals who are atleast 21 years old at the time of loan approval and maximum 55 years at the time of loan maturity.
Income: personal Loan calculator calculates your eligibility based upon your income. Usually bank set minimum levels of income to apply for personal loan. Vijaya Bank asks for net monthly income of minimum Rs. 20,000.
Job stability and Profession: Job stability is important to improve your status and eligibility for personal loan from Vijaya Bank. In case you are salaried, you must be in a full time job for at least 0 months of which not less 0 month must be with your current company. If you are working with a reputed company, probability of getting personal loan from Vijaya Bank increases as the income is considered to be more stable and bank offers low interest personal loan to the employees of reputed companies.
CIBIL Score: Your past CIBIL history and repayment record of existing loans and credit cards has direct impact on your personal loan eligibility. If you have a poor repayment record, then you may not get the loan but on the other side, a regular repayment record increases your personal loan eligibility.
Loan Amount: Vijaya Bank gives you personal loan depending upon your income. Vijaya Bank gives you an amount ranging from Rs. 50,000 to Rs. 600,000. To improve chances of approval, apply for a loan amount that you can comfortably service.
Filled up loan application form
Passport Size Photo
Income Tax PAN Copy
Identity Proof - Driving License/ PAN/ Passport/ Voter ID
Residential Address Proof - Registered Rent Agreement/ Passport/ Leave and License/ Utility Bill (upto 3 months old)
Income Documents - 2 years Form 16, 3 month pay slip, 3 months bank statement showing salary credit and any EMI debit
Home Extension Loan is useful when you want to add more space to your existing home. We make it easy for you to extend your existing residential property as per your requirements. You often renovate your home to suit your changing needs. This loan can be used to carry out repairs / improvements within your existing owned residential properties.
Personal loans are taken primarily for fulfilling your personal aspirations such as vacation, a perfect wedding, home renovation or a much desired gadget. In addition to being relatively easy to apply for, personal loans are unsecured loans which means that you don't need any collateral to take this loan. They are one of the simplest form of loans with customer-friendly repayment terms.
A sudden requirement of funds is an unavoidable circumstance of business or personal life. Whether a personal necessity (hospitalization, child's marriage) or a professional one (expanding business operations on a priority basis), every person requires immediate financial backing at key moments.
In this context, it is pertinent to consider an invaluable alternative source of finance known as Loan Against Property (LAP). This is a loan borrowed by placing one's owned property as collateral. The funding may be given by financial institutions after scrutinizing the validity of the said property and its current market value.
Running a business is not easy. You have to constantly think of ways and means to keep it going and growing. As a part of the growth plan, you require financing for expanding operations or to buy new equipment or inventory or simply increase the working capital. To help you with your financing needs we offer Business Loans that will help your business grow.
LaonMoney is an Authorized Direct Selling Agents of various National, Multinational and Non Banking Financial Companies for promoting their sales for asset division. Feel free to contact us at firstname.lastname@example.org or +91-8130 222 111 for Transparent and Fastest Processing of Loan.
# Secured and unsecured Fundings
# Over 21 bank and other financial institutions.
# CORPORATE Direct Associates of All MNC, Pvt Banks, NBFC.
# Personal Loans, Loan Against Property, Home Loans, Business Loans
# Team of expert CA , Ex Bankers, Field Support
LoanMoney deals in ..
# Home loans - Residential/ Commercial/ Industrial - Purchase /Reconstruction / Plots
# Loan Against Property - Residential / Commercial / Industrial
# Business Loans - Unsecured Overdraft / Term Loan / Against Credit Card Swipe
# Personal Loan - Against Salary /Professional Receipts Doctor/ CA/Engg
# Working Capital for SME - Overdraft/ Cash Credit / Term Loan /Export Funding/ Non Funded
# Machinery / Equipment Loans - Medical/ Construction/ Vehicles
# Educational/ Hospital Institutions Loans to Trust/ Society