Personal Loan Assistance
We fulfill your personal financial needs promptly and efficiently—whether for a wedding, medical expenses, or a dream vacation.
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Loan types
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Guided steps
1:1
Advisor support
Service Snapshot
Personal Loans
Thetafinite helps you understand eligibility, income requirements, lender policies, documentation, repayment comfort, and approval possibilities before you apply for a personal loan.
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Quick Loan Disbursement
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Minimal Documentation
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Competitive Interest Rates
Overview
Complete guidance for your loan journey.
We recognize that individuals often require financial assistance for various personal needs, whether it's funding a wedding, managing medical expenses, or going on a dream vacation. Our personal loan services are designed to fulfill such requirements promptly and efficiently.
Quick Loan Disbursement
We understand the urgency of personal financial needs. Therefore, we ensure quick loan disbursal, enabling you to address your requirements without delay.
Minimal Documentation
Our streamlined process involves minimal documentation, making it convenient for you to apply for a personal loan.
Competitive Interest Rates
Our personal loans come with competitive interest rates, making them affordable and ensuring ease of repayment.
Flexible Loan Amount
We offer personalized loan amounts based on your eligibility and requirements, allowing you to borrow as per your needs.
Easy Repayment Options
We provide flexible repayment options for personal loans, enabling you to manage your finances comfortably.
Transparent and Reliable
We prioritize transparency in our dealings, ensuring clarity about loan terms, interest rates, and repayment schedules.
Floating / reducing rate
Floating or reducing balance: interest is calculated on outstanding principal. Confirm whether the bank quotes flat or reducing rate.
Fixed / flat comparison
Flat rate vs reducing: if flat rate is 10% per year, equivalent reducing is approximately 10% × 1.75 = 17.5% per year. Prepayment: some banks offer nil prepayment charges; compare with normal loans and choose based on your repayment plan.
Security structure
Personal loans are typically unsecured. No asset is pledged as collateral. Most banks provide unsecured personal loans only to employees of Private Ltd, Limited and Multinational Companies.
Eligibility & Documents
Prepared files make approvals smoother.
Eligibility and document lists vary by lender. We help you arrange the right papers before the application reaches the bank desk.
Eligibility
Salaried
Indian citizen; age 21–55 years.
Minimum 6 months in current company; 3 years overall (relaxed for Cat A).
Salary account mandatory; min take-home Rs. 15,000–20,000 (depends on employer).
Min education 12th pass.
Residence: owned, rented or company provided; if rented, permanent address proof required.
Employer: usually Pvt Ltd, Limited, MNC only; not Proprietorship, Partnership, small NGO/Trust/Club.
Class 4 and blue-collar in govt/others may not be funded.
Self Employed
Business minimum 3 years old.
Turnover above Rs. 25 lakh.
Current account 1 year old; average bank balance equal to proposed EMI.
Loan amount as per DSTR; max typically 2× average ITR of last 2 years.
Business registration required: Shop Act, VAT, CST, GST, Udyam Adhar Certificate, Gumasta (Ghumashthadhara).
ITR and turnover must be increasing.
No EMI bounce in last 3 months (1 allowed in last 6).
Either residence or office must be owned (both rented not valid).
No recent loan in last 6 months.
Surrogates (Car / Home Loan)
Car surrogate: 12–18 EMIs completed on existing car loan; multiple up to EMI × completed × 1.5, max Rs. 7.5 lakh.
Home surrogate: 12 EMIs completed on home loan; multiple up to 18; ECS-cleared EMIs.
Existing loan from approved banks/NBFCs only.
3-year business proof may be required (self-employed).
No recent loan in last 6 months; either residence or office must be owned.
Common documents
Personal Loan – Required Documents (Applicant + Co-applicant)
1 passport size photo (applicant + co-applicant)
PAN and Aadhaar (applicant + co-applicant)
Latest residence light bill & Property Tax Bill (ownership proof)
Rent agreement (if rented)
3 months latest salary slip
6 months salary bank account statement
Company appointment letter
Last two years Form 16
3 years job proof (old appointment letter, Form 16, relieving letter)
Welcome letter of all live loans (if any)
Visiting card
Office I-card
Exact list may vary by bank. We help you arrange and verify documents.
Simple Process
From requirement to approval guidance.
Every stage is built around clarity: compare the right lenders, prepare documents, answer queries, and move toward sanction.
01
Enquiry – Compare – Select
Share your profile, loan amount and purpose with us. Attend calls and talk to consultants; share any negative points so we can suggest the right option. Choose the option that suits your profile and is advised by your consultant.
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Documents & Application
Prepare all required documents, verify with your lender, and sign the application form. Ensure documents are complete as per bank policy.
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Application Login – CIBIL & Query
After submission you receive an application number from the bank. Track status online. Resolve any document or CIBIL query at this stage so the application can move ahead.
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Verification – Personal Discussion
Verification may visit office and residence. Some banks do telephonic or in-person personal discussion to assess your profile, purpose, credit history and financial stability. Clear this to move to approval.
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Approval – Sanction – Agreement – Disbursement
After approval, sign the agreement and submit security cheques in favour of the bank. Once the agreement is submitted, funds are typically disbursed via RTGS or DD within 48 hours.
Approval Factors
Salaried Profile
Company type, take-home salary, stability, age, education, designation and employer category. Most banks fund only Pvt Ltd, Limited and MNC employees.
Credit & Conduct
CIBIL score and history, existing EMIs and bounce behaviour. Balance transfer and special schemes can offer better rates for eligible profiles.
Best Tips for Personal Loan
Always get quotations from multiple vendors and banks, then analyse and select the best. Listen to each vendor—you may learn something new. Do not hide your negative points; it helps us provide the right option. Discuss your full credit history so we can give you the best result without rejection. Prepare all documentation and security cheques before you apply to save time. Stay in touch with your consultant until you get a clear status and follow your application number on the bank's website to stay on track.
Do not make a rude attitude to vendors—it makes the relation temporary and less profitable for you. A cooperative approach helps get the best deal and keeps the process smooth till disbursement.
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