Capital First India - Personal Loans
Capital First is a leading financial institution in India that offers a wide range of financial products and services, including personal loans. Personal loans from Capital First are designed to meet the diverse needs of individuals and provide them with the funds they need to fulfill their dreams and aspirations.
Features of Capital First Personal Loans:
- Quick approval process
- Competitive interest rates
- Flexible repayment options
- No collateral required
- Loan amounts up to INR 25 lakhs
- Easy online application process
Eligibility Criteria:
To apply for a personal loan from Capital First, individuals must meet the following eligibility criteria:
- Age between 21 and 58 years
- Minimum monthly income of INR 25,000
- Good credit score
- Proof of residence and identity
Documents Required:
- Recent passport-size photographs
- Proof of identity (Aadhar card, passport, PAN card, etc.)
- Proof of residence (utility bills, rental agreement, etc.)
- Income proof (salary slips, bank statements, etc.)
- Any other documents as required by the lender
How to Apply:
Individuals interested in applying for a personal loan from Capital First can do so online through the lender's official website or by visiting their nearest branch. The application process is simple and straightforward, and applicants will need to provide the necessary documents and information to complete the process.
Conclusion:
Capital First India offers competitive personal loans with attractive features and benefits to help individuals meet their financial needs. With a quick approval process, flexible repayment options, and no collateral required, Capital First personal loans are a popular choice among borrowers in India.
Frequently Asked Questions
1. What are the eligibility criteria for a personal loan from Capital First?
Applicants must be Indian citizens between the ages of 23 and 58, with a minimum monthly income of Rs. 25,000.
2. What documents are required for a personal loan application?
Applicants need to provide KYC documents, income proof, and bank statements.
3. How long does it take for loan approval?
Loan approval can take as little as 30 minutes, depending on the completeness of the application and documents provided.
4. What is the maximum loan amount available?
Capital First offers personal loans up to Rs. 10 lakh.
5. What is the tenure for repayment of a personal loan?
The repayment tenure ranges from 1 year to 5 years.
6. Is there a prepayment penalty for personal loans?
No, there are no prepayment penalties for personal loans from Capital First.
