Our services
Personal Loans
Life is full of opportunities and unexpected events. Whether you’re planning a dream wedding, funding your child’s education, renovating your home, or facing a medical emergency, a Personal Loan from Ganga Finance provides the immediate financial support you need.
As your trusted financial facilitator, we connect you with India’s top banks and NBFCs to offer flexible, collateral-free loans with a simple, digital application process. We ensure you get the funds you need quickly, so you can focus on what matters most.
Loan Features
- Competitive Interest Rates: We work with a network of lenders to find you competitive interest rates, ensuring your loan is affordable.
- Funds for Any Purpose: There are no restrictions on how you use the loan amount. Use it for travel, home renovation, medical bills, education, or any other personal expense.
- Minimal Documentation: We believe in a hassle-free experience. Our digital application process requires only a few essential documents, making it fast and convenient.
Cost
of Work
A Personal Loan is an unsecured loan that you can use for any personal financial need. It does not require any collateral and is repaid in fixed monthly installments (EMIs) over a set period.
The loan amount depends on your eligibility, which is determined by your income, credit history, repayment capacity, and the lender’s policies. Through our partners, you can apply for loans ranging from ₹50,000 up to ₹40 lakhs or more.
The repayment tenure for personal loans is flexible, usually ranging from 12 months (1 year) to 60 months (5 years). A longer tenure means lower EMIs, but a shorter tenure means you pay less in total interest.
Features and Benefits of our Personal Loan
A personal loan is an unsecured loan that is not backed by collateral or security. This makes it a flexible financing option, as there are no limitations on its use.
The followings are the ways a personal loan can be useful:
- Debt consolidation: Combining multiple debts into a single loan with a lower interest rate to save money on interest payments and make it easier to manage debts.
- Home renovation: Using a personal loan to fund home renovation projects can increase the value of your home and improve your living conditions.
- Medical expenses: If you have unexpected medical expenses, such as emergency surgery or hospitalization, a personal loan can help cover the costs.
- Emergency expenses: A personal loan can help cover unexpected expenses like medical emergencies or car repairs to avoid financial hardship.
Personal Loan Eligibility Criteria
To qualify for a personal loan, you have to meet certain criteria. Below are the important factors that lenders take into consideration to decide your eligibility for a personal loan.
- Age should fall under the range of 21 years to 60 years
- Net monthly income should be 15,000/- for salaried and self-employed, yearly transactions should be a minimum of 20 lakhs
- Credit score must be above 650
- Debt-to-income ratio
- Employment stability
- Maintained a good credit score
- Clear repayment history
- Must be a Resident Citizen of India
Documents required to apply for Personal Loan
- Identity Proof – Passport, Voter’s ID, Driving License, PAN Card, Aadhaar Card
- Proof of Residence or Address Proof – Passport, Voter’s ID, Driving License, PAN
Aadhaar Card, Electricity Bill,Telephone Bill, Ration Card
- Age Proof – Passport, Voter’s ID, Driving License, PAN Card, Aadhaar Card
- Income Proof – 1 year Bank statement, 3 months Salary Slips
- Employment Proof – Employment Certificate, Office address proof
- GST or VAT Registration for Self-employed
- Photograph – Passport-size photographs
- Business proof – Business registration documents such as a partnership deed, Memorandum of Association (MOA), Articles of Association (AOA), etc.
- Income tax returns – Documents of the past 2-3 years to verify income and tax payment history
EMI Calculator for Personal Loan
An EMI calculator is a useful tool that can help you estimate the monthly installments you will have to pay towards your personal loan within a specific period. By using the Ruloans Personal Loan EMI calculator, you can calculate your EMI beforehand, which can help you plan your finances better. Additionally, you can check your eligibility and compare different loan options using Ruloans Personal Loan calculator.
Fees and Charges for Personal Loan
The fees and charges of personal loans usually vary from lender to lender and from case to case. The aforementioned table will give you a fair idea of the fees and charges related to personal loans:
Particulars
Charges
Loan Processing 0.15% to 5% of Loan AmountLoan CancellationUsually 3000 to 5% of Loan AmountStamp Duty Charges150/- to 300/-Legal FeesAs per actualsPenal ChargesUsually 2% per monthEMI / Cheque Bounce ChargesApprox 499/- to 599/-
Other fees and charges that lenders may levy on your personal loan include documentation charges, verification charges, duplicate statement charges, NOC certificate charges and swap.
Your Local Loan Expert.
Call expert
+91-7496077883
Write email
gangafinanceservices@gmail.com
Visit office
Gali no.2 ,Budha Baba basti
,Bhiwani Road Jind 126102
