New Personal Loan – Get 10,000 Rs Personal With 3% Interest Rate p.m

New Personal Loan

Personal loans are a versatile financial tool that can help individuals manage their short-term financial needs. Speel Finance offers a new personal loan product that allows borrowers to access amounts ranging from ₹500 to ₹10,000 with an interest rate of 3% per month. This guide will provide an in-depth look into the features, application process, eligibility criteria, and benefits of Speel Finance’s new personal loan offering.

Speel Finance Personal Loan: An Overview

Speel Finance’s new personal loan product is designed to cater to individuals who need quick access to small amounts of money. This loan product is ideal for those who require immediate financial assistance without the hassle of extensive paperwork and lengthy approval processes.

Loan Amount and Interest Rate

• Loan Amount: ₹500 to ₹10,000
• Interest Rate: 3% per month

Processing Fee

The processing fee for the loan depends on the loan amount:

• For loans up to ₹2,000: ₹30
• For loans between ₹2,001 and ₹5,000: ₹60
• For loans above ₹5,000: ₹120

Eligibility Criteria

To be eligible for a personal loan from Speel Finance, applicants must meet the following criteria:

1. Personal Details: Basic personal information including full name, date of birth, and contact details.
2. Verified Email: A verified email address is required for communication and verification purposes.
3. Address Proof: Aadhaar card or any other valid address proof.
4. Identity Proof: PAN card for identity verification.
5. Video KYC: A video-based Know Your Customer (KYC) verification process.
6. Age Limit: 18 to 30 years old.

Also Read… No Collateral Needed; New Loan Ranging from ₹10,000 to ₹3 Lakhs with Muthoot and SBI

Required Documents

Applicants need to provide the following documents:

1. Personal Details: Name, date of birth, contact details.
2. Verified Email: A valid and verified email address.
3. Address Proof: Aadhaar card or any other acceptable proof of address.
4. Identity Proof: PAN card or any other government-issued ID.
5. Bank Account Details: Bank account information for disbursement of the loan amount.

Application Process

The application process for a personal loan from Speel Finance is straightforward and can be completed online. Here are the steps involved:

Step 1: Sign Up

Applicants need to sign up using their mobile number. This step involves creating a user account on the Speel Finance platform.

Step 2: Upload Required Documents

Once the account is created, applicants need to upload the required documents, including personal details, address proof, and identity proof.

Step 3: Verify Profile

Applicants must verify their profile by uploading KYC documents and PAN details. This step ensures that the applicant’s identity and eligibility are verified.

Step 4: Provide Bank Account Details

Applicants need to provide their bank account details where the loan amount will be disbursed.

Step 5: Choose Loan Amount and Tenure

Applicants can choose the desired loan amount and repayment tenure based on their financial needs and repayment capacity.

Step 6: Loan Disbursement

Once the application is approved, the loan amount is disbursed directly into the applicant’s bank account.

Conclusion

Speel Finance’s new personal loan product offers a convenient and accessible solution for individuals who need quick access to small amounts of money. With flexible loan amounts, competitive interest rates, and a straightforward application process, this loan product is ideal for those looking to manage their short-term financial needs. By understanding the features, eligibility criteria, and benefits of Speel Finance’s personal loan, borrowers can make informed decisions and secure the financial assistance they need.

Disclaimer : The information provided in this essay about Speel Finance’s new personal loan product is for informational purposes only. While every effort has been made to ensure the accuracy of the details mentioned, the information is subject to change without notice and may not apply to individual circumstances.