Simfi Salaried Loan Service

Salaried Loan Service

Personal Loans are the quick monetary solution for your financial needs. The Personal Loans are the instant helping hands to the people who are in deep financial crunch situations. The best part of the personal loan is it being unsecured in nature.

Formally, for any urgent cash requirement, we prefer personal loan. It can be taken for any general purposes like education, reconstruction of property/home renovation, a wedding expense, vacation etc. Most of the finance companies or other banks offer Personal Loan up to Rs. 40 lacs for salaried customers. Normally, it can be repaid over a period of 12 months to 60 months. Some of the banks are funding more than that.

However, a customer cannot take a personal loan for any kind of bad investment or expense which is not approved by the banks or by the law.

Do you know?

  • Salaried employee having salary of 15000 are eligible for personal loan
  • Banks typically have capped the monthly payment (EMI) on your loan to about approximately 60% – 70% of your monthly take home income.
  • Be sure Personal Loan carries a processing fees and foreclosure charges
  • Application for Personal Loan may impacts your Credit Score.



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