Features and Benefits of a Festival Loan
Competitive Interest Rates
Loan Amount & Loan Limit
Flexible Loan Tenure
Easy Documentation
Quick Disbursal of Funds
Eligibility Criteria for a Festival Loan
The eligibility criteria set for a Festival Loan are simple and make the entire loan journey hassle-free:
1. Citizenship
To be eligible for a Festival Loan, you must be an Indian Citizen.
2. Age
You must be at least 21 years and a maximum of 58 years.
3. Employment Status
You must be employed in the country's public or private sector.
4. Monthly Income
You must have a minimum income of ₹ 15,000 to be eligible for a Festival Loan.
How to Apply for a Festival Loan from Piramal Finance?
You can apply for a Festival Loan from Piramal Finance by following a few simple steps:
Step 1: Apply for Instant Loan
Step 2: Enter Pan Card Details
Step 3: Complete KYC Verification
Step 4: Update Bank Account Details
Step 5: Enter the Work Information
It is a type of personal loan offered to individuals and is designed to meet any festival-related expenditures that may arise. To avail of this loan, you must be eligible and submit certain documents just like you would for any other personal loan.
Types of Personal Loans
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Frequently Asked Questions
A Festival Loan is a type of personal loan, often availed to fund festival-related expenditures.
It would be best if you chose Piramal Finance Festival Loans because they offer the following:
You can make the payments using E-Nach (National Automated Clearing House). It is the most convenient & secure method of making payment.
A CIBIL score of 550 or below is considered a bad score, and a score above 700 is regarded as a good score to avail a loan. You can always improve a low credit score, as a good credit score will increase your chances of availing an easy loan from Piramal Finance.
