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Personal Loan Services

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Personal Loan – Flexible and Affordable Financing Options

Andromeda Sales and Distribution Pvt. Ltd. offers personal loans from leading government and private banks to meet your immediate financial needs. A personal loan is an unsecured credit option that can be used for a wide range of purposes such as weddings, home renovation, travel, education, medical expenses, and more.

With no restriction on the usage of borrowed funds, a personal loan provides the freedom to manage your finances as required. Moreover, timely repayments can help you improve your credit score faster compared to other forms of credit.

In short, a personal loan is a reliable solution to overcome any temporary financial crunch.

Benefits of Personal Loan

  • •    Covers a wide range of personal expenses
  • •    No collateral required
  • •    Hassle-free and minimal documentation
  • •    Flexible and pocket-friendly repayment options
  • •    Quick approval and instant disbursal

Personal Loan Eligibility

Personal loans are offered by most banks and NBFCs, but eligibility requirements may vary. However, some basic criteria remain common across all institutions. Below are the standard eligibility requirements for both salaried and self-employed individuals:

Eligibility Criteria

  • •    Age: 21 years – 60 years
  • •    Employment Type: Salaried or Self-Employed Professionals
  • •    Credit Score: 700+ with a stable credit history
  • •    Loan Amount: Up to ₹50 Lakhs (based on credit profile)
  • •    Minimum Monthly Income: ₹20,000 or above

Personal Loan Required Documents

To apply for a personal loan, please ensure the following documents are ready:

  • Aadhaar Card
  • PAN Card
  • Latest 3 Months Salary Slip
  • Latest 6 Months Bank Statement (PDF)
  • Company ID Card (Both Sides)
  • Current Address Proof (Rent Agreement + Electricity Bill)
  • Permanent Address Proof

For further assistance or inquiries, please contact us.

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