Apply for Lowest Personal Loan Interest Rate | Personal Loan in Mumbai

Personal Loan in Mumbai

Mumbai serves as the financial capital of India and is also one of the largest cities in the country, having a population of over 13 million. The city is a home to large banks, NBFCs and financial institutions that offer personal loans at low interest rates in Mumbai. Various financial institutions in the city provide loans and other financial services to both salaried and self-employed professionals aged between 21-60 years. With low interest rates, flexible EMI tenures and digital processing, availing a personal loan in Mumbai is hassle-free and a convenient process. With rising cost of lifestyle and increasing population, surviving in the city of dreams can be difficult due to which people can find it difficult to sustain in the city. However, with Credit Fair one can now easily cater to financial emergencies in an easy way without having to be dependent on friends and families to get access to money. With zero processing fee and low interest rates, getting quick access to funds is possible with Credit Fair. 

Eligibility criteria for getting personal loan in Mumbai

  • You should be aged between 18-65 years

  • You should be a resident of India

  • You should have minimum salary of Rs. 15,000

  • You should be self-employed or salaried professional

  • You should have a minimum credit score of 600 or -1

Documents required for getting personal loan in Mumbai

  • Identity proof: PAN card/ Aadhar card

  • Address proof: Utility bill, passport, rent agreement, sale deed

  • Bank statement of past 6 months reflecting salary credit

Reasons to get personal loan in Mumbai

At Credit Fair, we understand how difficult it can get for an individual to get quick access to funds in Mumbai. For this, we provide our customers with hassle-free and quick application service that makes it easy for them to plan their finances and cater to financial emergencies in an easy way. The loan amount availed from us can be utilized to take care of various occasions that require financial assistance. With loan amount ranging from 10,000-20 lakhs, you can easily handle any expenses without having to ask for any financial help from your friends and family.

You can get a personal loan in Mumbai for below reasons:

  • Financing a wedding in the family

  • Taking care of your child’s or your educational expenses

  • Personal loan for travel purpose

  • To handle emergency medical expenses

  • Taking the loan for vehicle repairs, vehicle down payment

  • Debt consolidation or paying off credit card outstanding dues

  • Upgrading or replacing home appliances, laptop or mobile

  • Personal loan for home renovation purpose

  • Personal loan for starting a new business

Credit Fair Personal Loan Benefits in Mumbai

  • Collateral-free loans

  • Minimal documentation

  • Instant approval and disbursal

  • Flexible tenures ranging from 6-24 months

  • Zero processing fees

  • Low interest EMIs

  • Utilize the loan amount for any purpose

  • Loan amount of Rs. 10,000- Rs. 20 lakhs

Apply for personal loan in Mumbai with Credit Fair

In Mumbai, you can cater to your urgent financial needs easily by applying for a personal loan with Credit Fair. Simply follow the below process:

  • Download the Credit Fair app from Google Playstore

  • Fill in the application form

  • Submit KYC details

  • Submit bank statement

  • Get loan approval

  • Submit additional details

  • Get loan disbursed within 24-48 hours

Personal Loan in Mumbai FAQs

  • What is the minimum and maximum tenure for which I can get a personal loan in Mumbai with Credit Fair?

With Credit Fair, you can get personal loan in Mumbai for tenure of upto 36 months.

  • Does Credit Fair offer loans at ZERO COST EMIs?

Yes, we at Credit Fair do offer ZERO COST EMI loans.

  • Can I get a personal loan from Credit Fair for starting a new business?

Yes, if you have documents like business existence proof and another income source then you can get a personal loan from Credit Fair for
starting a new business. 

  • Does Credit Fair offer personal loans to self-employed professionals in Mumbai?

Yes, we at Credit Fair do offer personal loans to self-employed professionals.