Personal Loan
Monthly EMI ₹
Grab the Personal Loan: Apply Online
Meeting your urgent financial needs or emergencies has now become much easier with a personal loan. It is a great boon when you require funds without pledging your property or investment as collateral. Whether you need money to study abroad, medical emergencies, renovating a home, foreign traveling, consolidating debt, or other unexpected expenses, BunnyFin provides loans to meet your desired needs. We can assist you get the loan approval and disbursal quickly within a few minutes. Our instant personal loan empowers you to get necessary funds with quick processing, a paperless process, instant approval, no collateral, rapid disbursal, and competitive interest rates. This will assist you in making the loan application process efficient and hassle-free. Get a loan up to Rs. 2 lakhs at reasonable interest rates. Enjoy the convenience by availing of a flexible loan repayment duration. Contact us to access a lump sum of funds instantly without any restrictions on its usage!
Loan up to ₹2 Lakh
Quick Approval
Quick Disbursal in Bank Account
Personal Loan Interest Rates and Charges
With the BunnyFin, you can get a loan of Rs 5,000 - Rs 2,00,000 with a repayment tenure of up to 365 days. When you apply for a personal loan online or other types of loan, you have to pay the associated administrative charges. However, when you apply with us, you have to pay the minimal loan processing charges of 2% of the loan amount.
Associated Charges
- There are no prepayment charges if paid from applicable sources.
- There is zero pre-closure charge when paid from specified sources.
- Rs. 1000 needs to be paid for cheque bounce.
- 15-31% of APR (Annual Percentage Rate).
With the EverydayLoanIndia, you can get a loan of Rs 5,000 - Rs 2,00,000 with a repayment tenure of up to 365 days. When you apply for a personal loan online or other types of loan, you have to pay the associated administrative charges. However, when you apply with us, you have to pay the minimal loan processing charges of 2% of the loan amount.
Eligibility Criteria for Applying for a Personal Loan Online
Personal loan eligibility criteria are the essential factors while applying for a personal loan where all the applicants must have an idea of all the factors of the eligibility criteria and they must know whether they are eligible for the loan or not. Multiple factors decide personal loan eligibility criteria and these are age, income, creditworthiness, terms of employment, etc.
| Citizenship : | Indian |
| Age : | At least 23 years when applying for a loan and a maximum of 65 years. |
| Employment : | Full-time job at MNC (multi-national company), private limited companies, central government, unlisted public limited companies, PSU (public sector undertakings), LLP, or companies specified internally. |
| Monthly income : | A minimum salary of Rs. 30,000 is required as monthly net income, however, it may vary based on the lender. |
| Work experience : | Minimum one year of job experience and 1 month of stable employment in the present company. |
| Ongoing EMIs for existing debts and current CIBIL or credit score (650 or above) are also required. |
How to Apply for a Personal Loan Online?
Online Application Process
Apply for your loan online from anywhere in India and at any time to start your financial journey and discover a world of possibilities. BunnyFin focuses on providing cost-effective solutions with great convenience. With our online loan process, you can get the required eligible amount disbursed in your linked bank account within a few minutes with flexible tenures. Since it is an online process, you don’t need any paperwork and collateral.
Required Documentation
We have a completely paperless process, however, you need to provide the following documents as proof of your identity, income, address, etc.
- Latest salary slips and bank statements for the last three months.
- Driving license/PAN card/ Aadhaar card/Passport/Voter ID for KYC.
- Present address proof such as rent agreement, passport, or utility (electricity) bills.
- Employee ID card or official mail ID confirmation as employment proof.
Step-By-Step Guide
You can easily apply for your loan online by following these simple steps –
Step 1:
Access the online loan application form and submit it after entering all the mandatory information.
Step 2:
Upload essential documents and get the approval done in a few minutes or hardly within some hours.
Step 3:
After successful verification, the loan amount is credited directly into your linked bank account instantly.
Benefits of Choosing Our Personal Loan Services Online
| Less documentation | Since it is an unsecured loan, it requires less documentation, streamlining the loan application process. |
| Flexible repayment tenure | Enjoy the convenience of selecting a repayment duration that best fits your financial condition and goals. |
| No security or collateral | Secure your loan without pledging your security or property as collateral. You can borrow funds online while still enjoying the ownership of your assets or investment. |
| Competitive interest rates | Benefit from cost savings by getting a loan at affordable interest rates and paying lower EMIs. |
| Quick approval and disbursement with no hassles | We understand the hassles involved with applying for a loan offline. Thus, to save you time and effort, we have designed an online loan application, approval, and disbursed process. You can get your loan approved and credited in no time. |
| Complete transparency and no hidden charges | We mention all the crucial things in our terms and conditions to maintain transparency. You would never be charged with unexpected fees. You have to pay just what you have been asked to pay. |
| No prepayment and pre-closure charges | We don’t charge anything for prepaying a loan or pre-closure. You can reduce your debt burden by prepaying a loan with no additional charges. |
Frequently Asked Questions
What is personal loan?
It is an unsecured loan offered to individuals for multiple purposes such as home renovation, travel expenses, upcoming weddings, medical emergencies, etc. It helps meet financial requirements over a short term without pledging securities.
How to get personal loan?
You can get your loan quickly, if you are eligible, after submitting an online application process and providing all the necessary details and documents. The amount is credited immediately after successful verification.
How is personal lona interest calculated?
You can use the formula (interest = loan amount x rate x tenure) to calculate interest rates. Most loan providers feature an interest rate calculator/EMI calculator to simplify the calculation.
Where to get a personal loan?
Several banks and financing companies are providing different types of loans. We at BunnyFin help you to get an instant loan online at competitive interest rates with no paperwork, flexible repayment tenure options, reasonable loan amounts, no pre-payment charges, and more benefits.
How to decide on the right loan amount?
The lender may approve your amount based on monthly income, credit score, current EMIs, etc. Examine your budget and determine how much you can comfortably repay over the tenure.
