Personal Loan

If you don’t have a perfect credit score or the time to wait for a mortgage loan to process, a bank might not be your best option but we are.

What is Personal Loan?

Personal Loan from Bhala Finance Pvt Ltd will help you borrow for expenditures of a personal nature - whether you want to borrow money for an emergency, for education, for a vacation or any other need like a wedding in the family. You can avail Loan ranging from Rs. 1 lakh to Rs. 5 lakh with flexible tenures ranging between 6 months and 3 years.*
*Subject to conditions.

Do I need to provide any security or collateral to apply for Personal Loan?

Personal Loan are not secured by any collateral or security and are disbursed at the discretion of Bhala Finance Pvt Ltd based on the creditworthiness of the borrower.

Who can apply for Personal Loan?

Bhala Finance Pvt Ltd provides Personal Loan for both self-employed and salaried individuals. In order to determine your Personal Loan eligibility, you have to meet certain parameters. Bhala Finance Pvt Ltd will base your eligibility on your credit score and your existing liabilities, which will be used to ascertain your creditworthiness.

I have a question regarding something that is not listed here, what should I do?

We will be glad to help you with any questions regarding the Personal Loan from Bhala Finance Pvt. Ltd. Please feel free to contact our customer representative at 01412371137 or email us at info@bhalafinance.com.

Documents Required

Bhala Finance Pvt Ltd has made the documentation process simple for availing a Personal Loan. Please provide a self-attested copy of any one document from each category, from the list given below:

Photo Identity Proof: Passport, PAN Card, Voter ID Card, Driving License, Aadhaar Card
Address Proof: Ration Card, Passport, Driving License, Voter ID Card, Bank A/C Statement, Electricity/Telephone Bill, Aadhaar Card, Sale Deed/ Property Purchase Agreement (For Owned Properties)

Please provide a self-attested copy of relevant documents from each category, from the list given below:

Income Proof: For Salaried Individuals: Last 3 months’/6 months’ bank statement (dependent on scheme) showing salary credits, Latest Salary Slip
For Self-Employed Individuals: 2 years’ ITR, P&L and Balance Sheet for the last 2 years, Last 6 Months’ Bank Statement
Business proof: for Self- Employed Individuals: Qualification Certificate/Certificate of Practice (COP), Shop Act License/ MOA & AOA/ Sales Tax/ Vat registration/ Partnership Deed

*Requirement of Personal Loan documents might vary from case to case.

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