The documents required to apply for a personal loan at Moneytap that are same for both salaried and self-employed individuals, are as follows
For Salaried Applicants:
For Self-Employed Applicants:
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The documents required to apply for a personal loan at Moneytap that are same for both salaried and self-employed individuals, are as follows
For Salaried Applicants:
For Self-Employed Applicants:
We advise you to keep the following points in mind while applying for a personal loan to increase the chances of approval as well as those of getting the loan at a low interest rate.
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Paisabazaar is a loan aggregator and is authorized to provide services on behalf of its partners.
The APR (Annual Percentage Rate) of a personal loan is its annualised cost of borrowing, which includes the interest rate as well as the processing fees, documentation fees and other fees charged during the loan origination. The APR is expressed in the form of a percentage and thus, allows personal loan applicants to detect personal loan schemes offered at lower interest rates but with higher processing fees and/or other charges.
The APR of personal loans usually ranges between 11.29% to 35%. For example, assume that you have availed a personal loan of Rs. 5 lakhs @ 10.50% p.a. with a repayment tenure of 5 years. The processing fee charged for this loan is 1.5% of the loan amount, which amounts to Rs 7,500. Therefore, the total borrowing cost of your personal loan will be Rs 1,52,317 and its APR will be 11.16%.
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Get up to ₹50 Lakhs starting at 9.98%*
Get up to ₹50 Lakhs starting at 9.98%*

Get up to ₹50 Lakhs starting at 9.98%