Fulfilling Financial Needs of Every Indian
CapitalCow serves Indian individual and business customers by providing all kind of financial products an services such a Unsecured Loan, Secured Loan, Credit Cards, Insurance and other banking and financial services since 2015.
Learn what is a Personal Loan and how a Personal Loan can help you
What is a Personal Loan?
Personal Loans Online can be availed for a wide range of purposes including car purchase, education and medical expenses, home improvement projects, debt consolidation and other personal needs. The objective behind offering a Personal Loan is to help customers fulfill their immediate as well as long term financial requirements at lower interest rates and flexible repayment periods.
Different type of Personal Loans you can avail for different loan needs
What Are The Uses of Personal Loan?
A personal loan is a type of unsecured loan. The purpose of taking out a personal loan can be either for consumption or productive use. If you are an entrepreneur, you can use a personal loan to expand your business by adding inventory or making the down payment for new office premises, etc. If you are an individual who needs extra money for medical emergencies and such, you could also opt for a personal loan.
What CIBIL Score or Credit Score is required to apply for Personal Loan
CIBIL Score for Personal Loan Eligibility
Your credit score is a number from 300 to 900 assigned to you by credit bureaus. The higher the score, the better chances of your loan application getting approved. If you have a high credit score, you may also get a higher loan amount or lower loan rates. However, if your score is below 650 it is advisable to try and find out why your credit score is low. It could be due to past behavior such as consistently missing or delaying past EMIs, excessive purchases made on credit and applying for loans or credit cards with many banks etc.
Which documents are required to get a Personal Loan Online in India
Documents Required for Personal Loan
A Personal Loan is an easy way to access funds for immediate personal loan requirements, without having to pledge your assets as security. As it offers a collateral-free personal loan and you can repay the personal loan in easy monthly installments, a personal loan is ideal for meeting basic expenses or meeting special requirements such as home renovation or wedding plans.
Documents required for a Personal Loan:
1. KYC Documents: Aadhaar Card, Pan Card and others (if available)
2. Income Proofs: Salary Slip/Salary Certificate, 12-month Bank Statement
When a Personal Loan can help individuals fulfill money needs
When Should One Take Personal Loan?
If you have an urgent need for funds and you can’t wait for them to be transferred from your savings or if you need short-term loan for a major expense, then a personal loan will be ideal. Because of the nature of this loan, you can use it to fund any kind of need. There are different types or kinds of personal loans depending on what the borrower intends to use it for. But usually, there is only one type of personal loan available in which the borrower can use the funds however they want.
Numbers Speak
The numbers are growing with every instant personal loan disbursal
Customer Testimonials
What Client Says
Applied for a personal loan of Rs.2 lakhs and got instantly while I was in an emergency situation at 4 a.m. in the morning but CapitalCow Instant Personal Loan saved me.
Manasi Sinha
Instant Personal Loan
Needed an instant personal loan of Rs.5 lacs at the lowest interest rates and got in 1 hour from the best lender instantly, thank you CapitalCow Personal Loan team.
Roshan Seth, Ahmedabad
Online Personal Loan