With so many financial institutions all around us, applying for quick personal loans has never been easier. Mobile phones having gathered popularity over all these years have made sure that paper money is never the same. Even money has become digitalized and you can even apply for loans from the comfort of your phone.
Keeping up with the changing generations, times of festivities are also associated with lots of offers and discounts. Most people wait for auspicious moments for buying any new household items. That is when the shops introduce their new schemes in attracting the crowd.
For certain items, the price of which fits your budget, you might have already had the money saved. What about commodities that are a necessity but you had not planned for? The launch of new schemes allures your mind to get your hand on the item. Either way, you might start making plans for buying the article next time or you are too worried to lose on the discount. That’s when quick personal loans come to your rescue.
What do we need a quick personal loan for?
Indians are very spiritual. We believe that buying or spending money during auspicious times is bound to be good for us. Let me list down some of the requirements for you so that you understand whether your necessity is listed below before you apply for a quick personal loan.
Redecorate your house
We should redecorate our house once in a while. The place which we call our home deserves love during the festive time. Before Diwali, special attention is paid to cleaning our house. Giving a complete makeover at that time is bound to make you feel good. What more reasons do you want if you can get a discounted rate for all the expenditure? Ready to throw a party?
Get-together and buying gifts
Who doesn’t love gifts? How happy it makes you when you receive something from someone? Greater joy comes when you make the person happier in return by gifting them. Nowadays in the fast-paced world, we hardly get time to spend with our family and friends. According to our traditions, we make sure to at least get together with friends and family for a short while and spend the time without worrying about work. That’s the best time to surprise someone with gifts. If the gift is something that the receiver needs, spending money could not have been any sweeter.
Investing in gold
Buying gold, especially during Dhanteras is considered auspicious. You can buy jewellery or gold coins. Even all the gold shops make sure to give discounts on the making charges during the festivities. They make sure that you come back to them by giving you return gifts. Even lucky draws are organized. What more motivation do you need for a quick personal loan?
Work, work, work. We have become so engrossed in securing money for our livelihood and earning for our family, that we have forgotten to spend quality time with our children, spouse or parents. Taking trips with your family not only helps in your rejuvenation but also aids in bringing your family close. You get to see them in a new light. Your homemaker deserves a break. Your parents are growing old. Your children want to discover the world, so instead of working from home, why not convert your vacation to a workation?
Most of us look forward to buying the necessary appliances or gadgets. Like I had said earlier, the discounts offered by the market have an alluring effect on us. A quick personal loan is bound to help during unexpected expenditures.
Eligibility for getting a quick personal loan
To get a quick personal loan it is important to fulfil certain criteria. Only salaried individuals who are between 21 to 60 years of age can apply. You need to have a minimum work experience of 6 months in government, public or private sector, a proprietorship concern, partnership firms, or MNCs. If your salary is more than Rs 25,000 you can go ahead and apply for a quick personal loan.
Documents required at the time of application
The applicant must have a PAN card and any other identity proof like Aadhar Card, Driving License, Passport or Voter’s Identity Card. For address proof, besides the above-mentioned documents, you can also submit Aadhar Acknowledgement, Registered Leave and Lease Agreement or Utility bills like Electricity and Telephone Bills but not older than 3 months.
For a quick personal loan, as your income proof, you need to submit the latest 1 month’s salary slip and the previous 3 months’ bank statements.
The good news for married couples, is you are eligible for a higher loan amount. In that case, you need to submit your spouse’s documents too.
Hope you have found the article useful. To get a hassle-free quick personal loan with zero pre-payment and foreclosure charges, the expert advisors at Piramal Capital & Housing Finance Limited are there at your service – just a call away. You can easily get a quick personal loan amount of 1 lakh to 10 lakhs or higher in case you are clubbing your income under the co-applicant scheme.
The personal loan pre-closure calculator helps you to choose the repayment tenure ranging from 12 months to 60 months for the particular loan amount. You can opt for the rate of interest starting from 12.99% per annum which will ensure that the monthly EMIs don’t pinch your pockets.
Once you have visited their website, feel free to browse through the other pages so that you have a clear understanding of the products and services that they provide. Who knows that for a future requirement you can always come back to them and for being an existing client, you will be entitled to receive further benefits?