I heard from a friend that the ESAF personal loan interest rate is between 12.19% and 20% p.a. This rate varies based on the credit score of the applicant, source of income, tenure and other factors. Let me share everything I know about this bank.
What is the Current ESAF Bank Personal Loan Interest Rate?
The ESAF Small Finance Bank Personal Loan Interest Rate is between 12.19% and 20% p.a. Some other aspects that you must know about ESAF personal loan are:
Aspect |
Details |
Repayment tenure |
12 to 35 months |
Loan Amount |
Rs 50,000 - Rs 5 Lakhs |
Timeline for credit decision on submission of all the required documents |
2 days |
Co-applicant/ Guarantor |
Spouse or close blood relative as a co-applicant |
Documents required for salaried applicants |
ID and address proof; salary slips for 3 months or 6 months; evidence of salary credit |
Documents required for pensioners |
Pension book, pensioner's ID card, and bank account statements for 6 months evidencing pension credit. |
You can easily apply for the ESAF Personal Loan online on the
ESAF
website. All you have to do is
Click on the Apply Online option
Enter your name, mobile number, email and other details
Select the checkbox against- I declare that information….
Tap on Submit and then proceed
It will just take a few minutes to complete the process and apply for a personal loan.
Enjoy Instant Approval and Disbursement of Your Personal Loan through NoBrokerRead More:
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Authors Of The Question
What is ESAF Bank Personal Loan Interest Rate?
Tuhin
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33 days
2024-08-07T08:55:16+00:00 2024-08-07T08:55:16+00:00Comment
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