Since we all attempt to live our life to the fullest so we often face challenges to fulfil a specific financial need or desire beyond our capacity. Personal Loans can be used for plenty of purposes! Whether you are planning for a vacation, renovating your home or arranging a dream wedding for yourself or somebody special in the family. We at Bitola Capital ensure that you have the perfect opportunity to make all your dreams come true. Also, you can transfer your existing high interest Personal Loan as well. With a quick approval on Personal Loans, turn your dreams into reality!
Personal Loan Features & Benefits
Personal Loan Eligibility Criteria
A Personal Loan helps in financing your needs without having to wait for capital to accumulate. Here is some eligibility criteria for a Personal Loan based on few simple parameters.
- PAN CARD
- ADHAR CARD
- ADDRESS PROOF
- 3 MONTH SALARY SLIP
- LAST 6 MONTH BANK STATEMENT
- 2 YEARS FORM 16
- OFFICE ID CARD
- MINIMUM SALARY REQUIRED 25000/-
A personal loan is the best option if you need funds for an urgent need or a short period. Bitola Capital helps in providing personal loan personal loan can be availed for any of your personal leave. Since it is an unsecured loan, the lender approves the loan basis the applicant’s details such as age, income, existing liabilities, and credit score, among others. No time is spent in the assessment of the collateral unlike in case of a secured loan such as gold loan or loan against securities or loan against property. There could be different types or kinds of personal loans depending on the end-use. But usually, a personal loan is of only one type and it can be availed of for any kind of requirement.
You can use personal loan for any of your personal needs. For example, you could borrow a loan for buying a high-end home theatre system, for a medical emergency if your health insurance falls short, for a foreign holiday with your family, etc. If you are an entrepreneur a personal loan can come in handy for expanding your business, such as adding more inventory or making the down payment for new office premises, etc.
A wedding is a once-in-a-lifetime event and everyone wants it to be memorable. If you are falling short of funds to celebrate your wedding, you can apply for personal loan to make up for the deficit.
Surgery or prolonged hospitalisation could set you back by a few lakhs, given the rising medical costs. If you need additional funds despite having a health cover, you can easily borrow a personal loan. There is no need to produce any medical reports or hospital bills for the same.
If you have exhausted your term loan limits allowed by your bank but still need funds for your business, you can apply for personal loan. The loan will be sanctioned based on your individual credit history but can be used for your business.