EASY APPLICATION PROCESS

Zaroorat aapki Loan Humaara

Now nothing can hold back your aspirations. Instant Personal Loans with attractive EMIs

Personal Loan

What is a Personal Loan ?

Loankarao customised personal loans are designed around your capital requirements with a hassle-free application process. This quick personal loan can accomplish your plans such as marriage, vacations, home renovation and much more. With Loankarao’s best personal loan in India, you do not have to compromise on your bucket list! Loankarao’s personal loan comes with attractive, affordable, and lowest interest rates to help you raise funds instantly. When you apply to get an instant personal loan, it is approved in less than 5 minutes without any extensive documentation. Personal loan EMIs are flexible and allow for better liquidity and easy achievement of set personal goals. Apply for a personal loan online today with Loankarao and fulfil your dreams!

Personal Loan Features & Benefits

Loankarao’s home loans require minimal documentation and provide ease of applying online.

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Easy documentation

Obtain an instant personal loan with simple documentation, quick processing and speedy disbursal.

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Flexi Personal Loan tenure

Apply for personal loan and choose a comfortable loan tenure between 1 to 6 years.

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Best-in-class features

Enjoy the convenience of doorstep service, low personal loan interest rates, no stress of collaterals or guarantors and lots more!

There are no collaterals required on the loan application. As one of the leading loan providers in India, Loankarao offers personal loan with low interest rates & flexible tenure. Apply online to submit your loan application for quick processing.

Why LoanKarao

Apply in few
minutes

Fast Approval

Tenure up to 60 months

No Branch Visit

An ISO certified company

Get money in 2-4 working days

Eligibility Criteria for Personal Loan

Loankarao’s personal loans require minimal documentation and provide ease of applying online.

AGE OF APPLICANT

The age of the applicant always plays an important role in the rate of interest as well as the tenure of the Personal Loan and the minimum age should be 21 Years and the maximum age decided is 60 Years.

INCOME OF APPLICANT

the loan amount is decided by the income of the applicant and the income should not be less than Rs.15,000/- per month some banks do consider an in-hand salary of Rs.13,000/- per month as well.

CIBIL SCORE

it was always recommended to have a CIBIL score of 700 and if your CIBIL score is no less than 650 then you’re also eligible for the loan amount.

CONTINUITY OF JOB

this differs from different bank policies and requires a minimum 3-month job or more.

OCCUPATION

the eligibility is different, but the applicant who is salaried employees, self–employed professionals, self–employed nonprofessionals, and private limited companies are applicable.

CO-APPLICANT

The Co-applicant must have a regular and reliable source of income

Steps to apply loan

Loankarao’s home loans require minimal documentation and provide ease of applying online.

Visit Our Website

For the first step, you will have to visit our website to explore the loan options that fit your needs.

Select and Apply

Once you shortlist the loan you have been looking for, apply for it, and proceed with the further process.

Submit Your Document

One of the most important steps. Now you will have to submit all the required documents digitally.

Enjoy Your Financial Freedom!

Once your application is approved based on your eligibility, you will have your loan amount disbursed to your bank account.

Types of Personal Loan

There are no hidden fees or charges, and we will explain everything to you upfront.

Personal Loan for Home Renovation

Give your home a facelift by renovating it to perfection with hassle free Instant Personal Loan.

Personal Loan for Wedding

Make that dream wedding a reality with instant online application process.

Personal Loan for Education

Fulfil the education-related goals in your life with hassle-free Instant Personal Loan.

Personal Loan for Travel

Turn your travel aspirations into reality with low interest Instant Personal Loan.

Personal Loan for Medical Expenses

Face unexpected situations with a smile with the low interest Instant Personal Loan.

Personal Loan for Debt Consolidation

Combine multiple debts and streamline your finances with our low interest Instant Personal Loan.

Fees & Charges

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₹30,000 - 50 Lacs

Loan Amount*

*Loan Amount will be in the range of 30,000 to 50 Lacs.

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Upto 3%

Processing Fee**

**Processing Fee – Upto 3.00%

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Starting from 10.49%

*** Terms and Conditions apply.

*** Terms and Conditions apply.

Faq

A Personal Loan is an unsecured term loan provided by the bank that an individual can use as per his/her personal need. A personal loan unlike a home or car loan do not require lock in of any collateral by the applicant.

The minimum eligibility for an instant Personal Loan is:
a) An individual should be 21 years of age at the time of application.
b) The minimum net monthly income should be at least Rs. 25,000.
c) Completed minimum of two years in employment and one year in the current organization.
d) Completed minimum one year of stay at the current residence, if rented.

You can choose to avail an instant Personal Loan with tenure from 12 to 72 months.

Follow the steps below to apply for an instant Personal Loan online:

  • Visit our Personal Loan page and provide few basic details like your mobile number, PAN card number etc. to get started
  • Verify your address details
  • Check out your Personal Loan offer and complete your video KYC
  • Provide your bank account details for disbursement 

At Loankarao, you can avail an instant Personal Loan with rate of interest starting as low as 10.49%. Terms and conditions apply.

A processing fee of up to 3% of the loan amount and requisite documentation charges are applicable, and the same is deducted from the loan amount at the time of disbursal.

You can choose to avail an instant Personal Loan with tenure from 12 to 72 months.