ujjivan small finance bank personal loan
Ujjivan Small Finance Bank offers personal loans at attractive interest rates to help you meet your financial needs. Whether you need money for a wedding, a vacation, or home improvements, a Ujjivan personal loan can help make it happen.
What is Ujjivan Small Finance Bank?
Ujjivan Small Finance Bank is a bank that provides personal loans to individuals. The loan can be used for any purpose, including medical expenses, home improvement, or other expenses. The loan is typically repaid over a period of time, with interest.
What are the products offered by Ujjivan Small Finance Bank?
Ujjivan Small Finance Bank offers a wide range of products and services to its customers. These include personal loans, business loans, savings accounts, credit cards, and more. The bank also offers a number of value-added services such as financial planning, investment advice, and insurance products.
How to Apply for a Personal Loan from Ujjivan Small Finance Bank?
Applying for a personal loan from Ujjivan Small Finance Bank is a quick and easy process. All you need to do is meet the eligibility criteria and submit the required documents. Here’s a step-by-step guide on how to apply for a personal loan from Ujjivan Small Finance Bank:
Eligibility criteria:
-You should be between 21 and 60 years of age.
-You should be an Indian resident with a regular income.
-You should have a good credit history.
Documents required:
-Identity proof: PAN card, Aadhar card, passport, etc.
-Income proof: bank statements, payslips, etc.
-Address proof: utility bills, rental agreement, etc.
-Credit score: you can check your credit score for free on websites like CIBIL, FreeScore360, etc.
Once you have all the required documents, you can apply for a personal loan from Ujjivan Small Finance Bank online or offline. If you apply online, you will need to fill out an application form and submit it along with the required documents. Once your application is approved, the loan amount will be dis
Documents Required
When you apply for a Ujjivan Small Finance Bank Personal Loan, you will need to submit certain documents in order to have your application processed. These documents include:
-A completed loan application form
-Proof of identity (such as a passport or driver’s license)
-Proof of income (such as payslips or tax returns)
-Proof of address (such as a utility bill or bank statement)
Once your application is received, a loan officer will review your documents and determine if you are eligible for a personal loan. If you are approved, you will receive the loan funds in your account within a few days.
Interest Rates
Ujjivan Small Finance Bank offers personal loans at very competitive rates. The interest rate on a Ujjivan personal loan starts from as low as 12.99% per annum. This makes Ujjivan one of the most attractive options for availing a personal loan.
The interest rate on a Ujjivan personal loan is determined by several factors such as the applicant’s credit score, income, employment history, etc. Hence, it is advisable to check your eligibility and compare the various interest rates before applying for a loan.
Ujjivan also offers several other benefits like flexible repayment tenure, minimal documentation, doorstep service, etc. which makes it a preferred choice for availing a personal loan.
Eligibility Criteria
You can apply for a Ujjivan Small Finance Bank Personal Loan if you are:
-A resident of India
-At least 21 years old
-Employed with a regular income
-A salaried individual with a minimum monthly income of Rs. 15,000
-Self-employed with a minimum annual income of Rs. 2,00,000
If you meet all of the above criteria, you can apply for a Ujjivan Small Finance Bank Personal Loan online or at a branch near you.
Repayment tenure
When it comes to personal loans from Ujjivan Small Finance Bank, repayment tenure is flexible and can be customized according to the borrower’s needs. This makes it an ideal option for those who are looking for a loan with a repayment period that suits their financial situation.
Processing Fee
Ujjivan Small Finance Bank charges a processing fee of 1% to 2% on personal loans, depending on the loan amount. This fee is charged upfront at the time of availing the loan.