हिंदी में पढ़े
|
Bharat Financial Inclusion Personal Loan Highlights 2023 |
|
| Interest rates | BFIL has not disclosed the interest rates of loan schemes offered through it. |
| Loan amount | Starting from Rs 10,000 |
Note: Data as of 29th November 2023
Table of Contents
Bharat Financial Inclusion Personal Loan Interest Rates
Bharat Financial Inclusion has not disclosed the interest rates offered for its loan schemes. However, most lenders set the personal loan interest rates of their loan applicants based on their credit scores, monthly income, occupation profile, employer’s profile, etc.
Apply for Personal Loans at Attractive Interest Rates Click Here
Compare Interest Rate for Personal Loans from Top Banks and NBFCs
| Banks/NBFCs | Interest Rates(p.a.) | |
| Axis Bank | 10.49% onwards | Apply Now |
| IndusInd Bank | 10.49% onwards | Apply Now |
| IDFC First Bank | 10.49% onwards | Apply Now |
| HDFC Bank | 10.50% onwards | Apply Now |
| ICICI Bank | 10.65% onwards | Apply Now |
| Kotak Mahindra Bank | 10.99% onwards | Apply Now |
| Tata Capital | 10.99% onwards | Apply Now |
| Bajaj Finserv | 11.00% onwards | Apply Now |
| Federal Bank | 11.49% onwards | Apply Now |
| DMI Finance | 12.00% - 40.00% | Apply Now |
| L&T Finance | 12.00% onwards | Apply Now |
| Kreditbee | 12.25% - 30.00% | Apply Now |
| MoneyTap | 13.00% onwards | Apply Now |
| Piramal Finance | 12.99% onwards | Apply Now |
| Aditya Birla | 13.00% onwards | Apply Now |
| Moneyview | 15.96% onwards | Apply Now |
| Cashe | 27.00% onwards | Apply Now |
Apply for Personal Loan at Low Interest Rates Apply Now
Fees and Charges for Availing Bharat Financial Inclusion Personal Loan
Although the company has not specified the processing fees and other charges for availing Bharat Financial Inclusion Personal Loan, most lenders charge personal loan processing fees and other charges from their personal loan borrowers.
Types of Bharat Financial Inclusion Personal Loan
Microfinance Loans
Purpose: Bharat Financial Inclusion offers unsecured microfinance loans to women under the joint liability group (JLG) model for the purpose of income generation. BFIL provides microfinance loans based on the vintage and the payment history of the loan applicant.
Loan Amount: Rs 10,000 onwards
Personal Loans
Purpose: Bharat Financial Inclusion offers personal loans to loan applicants located in the vicinity of their operations through the Bharat Money Store. BFIL approves the personal loan applications of individuals based on predefined criteria. However, BFIL has not disclosed the criterion on which it evaluates personal loan applicants.
Avail Personal Loans at Low Interest Rates Click Here
Eligibility Criteria for availing Bharat Financial Inclusion Personal Loan
The personal loan eligibility criteria set by BFIL for its personal loan schemes are as follows:
For Microfinance Loans
Bharat Financial Inclusion Microfinance Loans are offered to women under JLG for the purpose of income generation based on payment history and vintage of its loan applicants.
For Personal Loans
Bharat Financial Inclusion Personal Loans are offered to loan applicants based on a set of predetermined personal loan eligibility criteria. Although the company has not disclosed the eligibility criteria for its personal loan applicants, most lenders set their the eligibility criteria for personal loans based on their loan applicants’ credit scores, age, monthly income, occupation profile, etc.
Bharat Financial Inclusion Personal Loan Documents Required
Although the company has not provided any list of personal loan documents required for its Bharat Financial Inclusion Personal Loans, most lenders usually ask their personal loan applicants to submit KYC-related documents such as proof of identity, address, income, etc.
Apply for Personal Loans at Attractive Interest Rates Click Here