At Paisabazaar, you can search and compare from lending banks and NBFCs offering pre-approved loans to eligible customers without documents at preferential interest rates. Here you can choose from various personal loans offered from 30+ lending institutions, such as Axis Bank, Tata Capital, HDFC bank, Kotak Mahindra bank, ICICI bank, Yes bank, Bajaj Finance, Aditya Birla Capital, IDFC First bank, Federal bank, etc. and apply online.
Lenders set interest rates on personal loans on the basis of their applicants’ credit profile (including credit score, income, repayment capacity, etc.). Without income proof documents, such as salary slips, Form 60, ITR and bank statements, lenders will not be able to determine their applicants’ income and repayment capacity, which are some of the most important factors that lenders consider while setting personal loan interest rates.
