Answers to common questions about loan applications and eligibility.
You can apply by completing the online application and uploading your documents. Some lenders may offer in-person or app-based options too.
You'll usually need identity proof, address proof, income statements, and bank account details. Some loans may need additional documents.
Most personal loans are approved within 24–72 hours. Business or home loans may take longer due to extensive verification.
Common loan types include personal loans, home loans, education loans, business loans, and vehicle loans.
Yes, some lenders offer loans without a credit score, especially if you have a regular income or a guarantor.
Interest rates depend on the loan type and your creditworthiness. They typically range from 8% to 24% per annum.
You must be 18+ years, have a valid ID, and a regular source of income. Some loans may require specific credit scores or collateral.
Check for processing fees, prepayment charges, and late payment penalties. All charges should be disclosed by the lender upfront.
Missing payments may attract penalties and affect your credit score. Contact your lender immediately to discuss your options.
Most lenders allow early repayment, but some may charge a prepayment penalty. Always check the loan terms.
