A personal loan to
Thinking of renovating your house, buying a new laptop, marriage expenses or your child's higher education? A personal loan is your one-stop shop for any financial need — without security or a guarantor.
- No security
- Ex-banker credit team
- Multi-lender comparison
Personal Loan, explained simply
A personal loan is given without any security or guarantor, on the basis of your net income and existing repayment track. It covers any legitimate personal need.
The amount you can get depends on how much of your income can go towards EMIs (lenders call it FOIR). Check your eligibility below, then let us match you to the lender most likely to say yes at the best rate.
- No collateral, no guarantor
- Any personal purpose: wedding, travel, education, renovation, medical
- For salaried and self-employed individuals
- Fixed EMIs and quick processing
- Balance transfer to a lower rate
- Debt consolidation of costly card dues
Know your numbers before the bank does
Loan eligibility (FOIR) ASDC method+
EMI capacity = income × FOIR − existing EMIs · Max loan = EMI × [(1+r)ⁿ − 1] ÷ [r(1+r)ⁿ]
You areIndicative estimate using standard lending formulas and editable default rates. Final amount, rate and terms are decided by the lender after appraisal.
EMI Saver — balance transfer & consolidation ASDC tool+
Consolidated EMI = EMI(total outstanding, new rate, new tenure) · Monthly saving = current EMIs − consolidated EMI
Indicative estimate using standard lending formulas and editable default rates. Final amount, rate and terms are decided by the lender after appraisal.
Prepayment saver Save interest
Interest saved = scheduled interest − interest after a lump-sum part-payment (tenure reduces, EMI unchanged)
Indicative estimate using standard lending formulas and editable default rates. Final amount, rate and terms are decided by the lender after appraisal.
Who qualifies
Salaried Criteria
- Employee of a public / private limited company, MNC or government
- Salary by cheque or bank transfer
- Minimum 3 years of continuous employment
- Age 23 minimum; repayment before retirement
Self-employed Criteria
- Proprietor, partner or director
- Business at least 3 years old, 1 year at the same place
- Profitable with ITRs for the last 2 years
- Age 23 minimum; repayment before 65
What you'll need
- Photograph of all applicants
- KYC: PAN card + Aadhaar / Passport / Driving Licence
- Residence proof: Passport / Voter ID / Driving Licence / recent electricity or telephone bill
- Office proof: GST registration / Udyam certificate / utility bill of the premises
- Income proof: last 2 years ITR with computation of income and financials
- Bank statement: last 6 months of the main business account
- Constitution proof: MOA–AOA / partnership deed (for companies and firms)
- Existing loans: repayment schedules / sanction letters of all running loans
- Photograph of all applicants
- KYC: PAN card + Aadhaar / Passport / Driving Licence
- Residence proof: Passport / Voter ID / Driving Licence / recent utility bill
- Employment proof: Employee ID / appointment letter / Form 16
- Income proof: last 3 months' salary slips
- Bank statement: last 6 months of the salary account
- Existing loans: repayment schedules of all running loans
Tip: use our document checklist builder to tick off what you have and send the pending list to us on WhatsApp.
When this loan is the right tool
From first question to disbursal, in four steps
Check eligibility
Use a calculator or the 3-step check. No effect on your credit score.
Share documents
Our checklist tells you exactly what's needed — send it on WhatsApp or drop it at our office.
Ex-banker pre-check
Our in-house credit team reviews your file and selects the lenders most likely to approve at the best rate.
Sanction & disbursal
We follow up with the lender until the money is in your account — and stay for after-sales support.
Personal Loan: your questions answered
Lenders cap your total EMIs (existing + new) at a share of your net monthly income, commonly 50–60% (FOIR). Our eligibility calculator turns your income and existing EMIs into an indicative loan amount.
No. Personal loans are unsecured and need no guarantor.
No. Using our calculator does not touch your credit report. A lender's formal check happens only when you apply.
Yes — with a business at least 3 years old, profits and ITRs for the last 2 years.
Yes. Paying off high-interest card dues with a personal loan usually reduces your monthly outgo substantially. Try the EMI Saver.
Floating-rate loans to individuals carry no prepayment charge. Most personal loans are fixed-rate, where the lender's terms apply — we will show you these upfront.
With complete documents, personal loans are among the fastest products to sanction and disburse.
KYC, 3 months' salary slips, 6 months' salary account statement, employment proof and existing loan schedules.
Borrowers who looked at personal also explored
Business Installment Loan
A Business Installment Loan (BIL) helps your business take giant strides — working capital, expansion, or that once-in-a-lifetime opportunity — from…
Unsecured LoansUnsecured Overdraft Limit
An unsecured overdraft gives your business a ready limit for day-to-day financial requirements — without collateral. Draw, repay and draw again,…
Car Loan
Suitable for everyone who wants their own vehicle — given on the value of the car and your repayment capacity, for individuals and businesses…
Apply for personal loan with an ex-banker on your side
One conversation, many lenders. We pre-check your file, negotiate the rate and stay with you after disbursal.
- WhatsApp+91 98717 48555
- Office011-45123555
- Emailsandeep@bhavyaa.com
Not sure which loan fits?
Answer four quick questions and we'll match you to the right product.
