Skip to main content


 A personal loan is a type of unsecured loan that helps you to make the unstable the current monetary necessities. You don’t have to mortgage security while applying for a personal loan. You can use money or funds in any way. It can satisfy your dreams to deal with your outing expenses and marriage uses or any clinical emergency, private redesign, obligation solidification, and others.

Eligibility Criteria of Personal Loan

It is the best way to satisfy your dreams into reality with a Personal Loan. You can check the EMI and utilize the EMI calculator of Personal Loan to ascertain your month to month spending route before you will apply for an advance and have a detailed calculation of your monthly costs well ahead of time on the off chance that you are a salaried individual.

"Personal Loan For salaried Persons"

Individuals can take a Personal Loan:

● The applicant must be a Salaried Employee.

● Employees including government and Public Sector that Undertakings,

The criteria are-

● The minimum age should be 21 years or more

● Maximum period will be 60 years (maturity time of the Personal Loan)

● Applicant's minimum net monthly income will be Rs. 22,000

Steps to Apply for a personal loan 

If you are keen to apply for a personal loan, but still confused about "How To Get Personal Loan". Here are some main points

1. Firstly, check your CIBIL score: - A CIBIL assessment plays a significant role in fitting in any type of loan. Moneylenders don't reveal what the rating they are searching for is; obviously, they generally lean toward exceptional or fantastic credit.

2. Secondly, order your written summary:- Your CIBIL score assessment signifies your reliability; it doesn't display you the full impression. To know more in detail, request an accessible composition of your credit rundown. You can likewise get a free report once in a year from these 3 credit departments: Equifax, Transunion what's more, Experian. It will demonstrate any remarkable commitment, alongside your past of repayment also, different variables that can influence your CIBIL Rating  

3. Thirdly you need to pay your bills on time

If your credit score is not good, you can attempt to improve it by billing the past bills.

4. You need to submit a joint petition with a creditworthy co-applicant.

The documents required for a personal loan-

Identity proof of applicant must be valid and authorized by the government

Applicant should have valid address proof

Your Bank statement for the last three months

Your last salary slips with a current dated salary receipt.

Form 16 is also required for this.


A personal loan is very easy to get. Any person who is having regular income proof with him can apply for a personal loan. You can apply for a personal loan by visiting the Bank physically or online from their website. You are required to upload all the above-mentioned documents. If all the documents are valid then you will get the personal loan in just 48 hours. 


Popular posts from this blog


In India, being a developing country every year many start-ups are launched and operated successfully. There are really a great number of young people who come up with an excellent business ideas every year. But most of businesses fail and the main reason behind it is the lack of funding. Nowadays, banks and other financial institutions become more stringent in the eligibility criteria to sanction a business loan. And to "Make Your Business Loan Successfulyou need to provide a stack of documents to the lender. Then the lender verifies your documents and takes 30 to 40 days to disburse the loan. So the parallel way of business funding is ShubhBank. Our aim is at funding your dying business but our way of functioning is different from other traditional lenders. We provide easy business loans for small and medium-scale enterprises with progressive vision.
ShubhBank have different process of gauging the loan eligibility than traditional banks and financing companies. Lenders d…


Nowadays, the coronavirus outbreak has affected our lives in countless ways. The deadly virus has made its presence felt in everyone’s personal and professional way such as from shopping groceries, socializing with people or commuting to workplace. It has also a negative impact on the country’s economy leading to widespread layoffs and pay cuts that have taken a toll on salaried individuals. If you are also a salaried employee and facing a loss of income then ShubhBank have stepped in with few options to guide you that how to overcome a money crisis amid "Covid-19 Lockdown". We are happy to help you over this financial crunch by offering Loan against Insurance Policy and online Personal Loan to raise funds.

Online Personal Loan:
many banks and NBFCs have rolled out many personal loan offers for existing customers and who hold salary as well as pension accounts in their financial institutions in this lockdown period. You could also take the advantage of "Online Perso…


Credit Cards epitomize modern lifestyle in terms of convenience a d have emerged as one of the fastest ways of carrying out transactions. Those days are gone when having a magic plastic card and flaunting it among your relatives and friends was a symbol status. With a view to increased acceptance, many banks and NBFCs have been offering various additional rewards and benefits with credit cards. As the cashless transaction becoming more and more common, everyone has a credit card, either a middle class man or a high net worth individual. There are host of card options available in the market having variety of features linked to them. The most popular and reliable ones are entertainment credit cards, shopping cards, fuel cards, cash-back cards, premium cards and business credit cards. They provide rapid access to money anytime and anywhere, so are the handiest asset you can have. They has emerged as viable alternative to currency notes providing access to covering expenses on the go and…