Rattan India Finance Personal Loan is offered to both salaried individuals and self- employed professionals so that they can deal with any financial emergency. A personal loan amount of upto Rs. 25 lakh is offered by Rattan India Finance and once approved, the amount is disbursed within a few hours. You can easily repay the personal loan with flexible tenure upto 72 months.
| Eligibility Criteria | Conditions |
| Citizenship | Must be an Indian citizen |
| Age | · Must be aged between 23 years to 60 years of age (for a salaried person)
· Age must be between 28 years to 65 years (for a self-employed person) |
| Credit Score | Must have a good credit score of making timely repayments of past or existing loans or credit card repayment |
| Employment | · Must be either self-employed, working for at least two years
· For a salaried person, must be a long-time employee of the company |
Rattan India Finance Personal Loan – Eligibility
Paisabazaar offers an online Personal loan Eligibility Calculator, which can be used to check your eligibility for Rattan India Finance personal loan. You would be asked necessary details like date of birth, monthly income, desired loan amount, profession, etc. and from the comfort of your home you will come to know if you are eligible for Rattan India Finance personal loan.
Factors Affecting Rattan India Finance Personal Loan Eligibility
- Employment type: Although Rattan India Finance offers a personal loan to both salaried or self-employed, there is more relaxation for a salaried persons as they have fixed earnings
- Credit Score: Basically, banks want to ensure the loan repayment capacity of a customer. So if your credit score is higher than 750, the chance of loan rejection is less
- Work Experience: Banks prefer to check on work experience. Longer the experience, the higher is the chance of loan approval
How to Improve Your Rattan India Finance Personal Loan Eligibility Criteria?
- Clear all the previous loans and credit cards before applying for a new one
- Try to improve the credit score by making timely payments
- Do not change business or job frequently
- Include a spouse’s income in IT returns
FAQs
Q. What is the tenure of Rattan India Finance personal loan?
A. The tenure ranges from 12 months to 72 months, i.e. 1 year to 6 years.
Q. What are the charges of interest rate and processing fee?
A. The interest rate varies according a personal’s credit score, age, income, etc. The processing fee is 2% of the loan amount plus applicable taxes.
Q. Is it possible to foreclose my Rattan India Finance personal loan?
A. Yes, you can foreclose your personal loan after paying the 6 EMIs.
Q. How do I get in touch with customer care of Rattan India Finance personal loan?
A. You can call on 1860-2581-000
You can send an email on wecare@rattanindia.in
You can visit the registered and corporate office at 5th Floor, Tower-B, Worldmark 1, Aerocity, New Delhi -110037