Personal Loan Finance

Features

• Allow quick funds

• Borrower can pay in easy installments upto 24 months

• It’s collateral free, so no pressure on buyer to pledge any personal or commercial property

• Ease on the process and fast approval

Benefits

• Quick Approval

• 100% Digital Process
• Minimal documentation

• – Your age must be between 21 to 60 years (on the loan maturity)
• – You must be self-employed and should have retail outlet of the category product we are dealing with.
• – You must have valid KYC documents, including mandatory and non-mandatory documents
• – Monedo representative may ask for other documents for income eligibility like Latest Salary Slip, Bank Statement, Bank Passbook, Post-paid Mobile bill, GST Returns.

Documents required to avail Personal Loan

• (a) PAN Card (mandatory); and
• (b) either of the following documents containing your address (mandatory): Aadhaar card(masked), Valid Driving License, Valid Passport or Voter ID; and
• (c) Further, the Company may also ask for the following additional documents (wherever applicable): Latest Salary Slip, Bank Statement, Bank Passbook, Post-paid Mobile bill, Landline or Broadband bill, Rent Agreement, Property Tax Receipt, Water Bill, Ration Card, LPG Connection Receipt, Gas Bill (LPG/PNG), or any other document.

Processing fees : Upto 3% + Applicable Taxes of the loan amount

Bouncing Charges : Rs.295 per bounce (Including GST)

Penal Charges : 0.067% per day (24.46% per annum)