A Brief Overview of the Financial Landscape in Chennai
Chennai, the capital of Tamil Nadu, is an iconic city in India, steeped in culture and tradition. With its number of job opportunities and solid infrastructure, Chennai emerges as a highly desirable place to reside. However, like in other tier-I cities, living expenses in Chennai can be rather steep.
For their residents to fulfill their different financial needs, we provide personal loans in Chennai.
Convenient Process
100% Digital and No Paperwork
Apply on the Go
PAN India Serviceable
Lightning Fast
Disbursal Within 2 Hours
Secure Transactions
Global Standards of High-level Data Encryption
Unique Features of Personal Loans in Chennai
Instant Approval: Experience fast approval processes, ensuring urgent financial needs are met promptly.
Flexible Repayment Options: Choose from a variety of repayment schedules to suit your monthly finances in Chennai. You can either pay on EMI basis or in one go.
RBI-registered NBFC-P2P: InstaMoney RBI-registered Non-Banking Financial Company Peer-to-Peer lending platform.
Less Documentation: Your application process needs minimal documentation requirements.
Eligibility Criteria for Personal Loan in Chennai
- The monthly income of applicants must be Rs. 12,000 or more.
- Applicants need a Credit score of 600.
- When submitting your bank details, please ensure to provide the account information where you receive your income
- Applicants must be aged between 21 and 55 years.
Documents Required for Personal Loan in Chennai
Identity Proof | Address Proof | Income Proof |
PAN Card is the primary ID proof required. If it is rejected due to image quality issues or other reasons, please try again. | Aadhaar Card | If you are self-employed, provide the last 3 months of bank statements. OR If you are a salaried, provide the last 3 months’ bank statements of your salary account |
How to Apply for Personal Loan in Chennai
1. Check Eligibility
Visit the InstaMoney website or download the app, enter all the necessary details, and you will receive your eligibility status within 2 minutes.
2. Choose Loan Duration
Select your preferred loan amount and repayment period from the available options.
3. Upload Documents
Upload all the required documents online for verification.
4. Loan Amount Disbursed
Once your documents are verified and the loan agreement is submitted, the approved amount will be transferred to your bank account within 2 hours.
Personal Loan by Amount
Personal Loan by Needs
Personal Loan Types
Personal Loan Location
Customer Support Information:
Feel free to contact us if you have any questions or concerns. Contact us for more details cs@instamoney.app