FINSOL MARKETING is a top class organization in rendering loan services and giving assistance in all kind of professional finance

matters like investment, loan etc. We are pleased to introduce our-self as Finance & Investment advisory firm commences services to company or individual. We are giving you all the information you need about Loan & Investment.Our goal is to provide best services at a very affordable price to our clients. We have more than 12 years of working experiences in the field of Loans and Investments service. We believe in quality service which can bring full customer satisfaction and we can achieve our goal.Our Team assists all the loan seekers to get the most competitive loan quotes as possible. We guide our clients how to overcome from the tax burden.

Personal Loan Information

Personal loan is a loan which can be taken for any personal purpose like wedding, purchasing property, Holiday expenses, consumer goods etc. It doesn't require and guarantor that's why it is also called unsecured loan also. The amount of loan varies from bank to bank and also your eligibility criteria. It is very easy to get a Personal Loan as it requires very less paperwork and is the best option when you are in urgent need

of money. Once you are eligible for the loan it takes only about three to four working days to get the loan amount disbursed to you. The rate of interest depends on various criteria in India. The major point is your income level, company where you work, experience etc. Different banks have different criteria based on interest rates are calculated. Why Us To avail a personal loan from the financial institution or banks, requirement of a professional service is becoming very important now days. Since personal loan is an unsecured loan then every people needs assistance to get the personal loan easily. Finsol Marketing has tied up with multiple banks in India in regards of personal Loan. We guide you in getting hassle free Personal Loan in a very competitive rate. Finsol Marketings expert team assists you in the following area: We ensure that the customer to get most competitive interest rates from the various banks. Assists you in documentation part and loan application. Help you in getting higher loan amount. Easy repayment option with convenient EMIs Maximum loan tenure.

List of Documents Required For Personal Loan

The documents needed by the Banks or financial institutions are as below:

PAN Card Copy Current Residence Proof, In case it is on rent then rent agreement along with your permanent residence proof(Latest Electricity Bill, Index II, Ration Card, Postpaid Mobile Bill Copy) 3 Months Salary slip 6 Months Bank statements with salary reflection Passport Size color Photograph All papers should be self attested Copy of Detailed Mobile postpaid Bill Copy Of I-Card. All papers should be self attested All you have to provide supporting documents so that the Personal Loan process can start moving forward.

Personal Loan Process

Enquiry with a banks or financier You just need to provide us the all the details which has been asked at the time of apply on line for personal loan. Then we will just get in touch with you with the best deal for you. We will get you more than one bank along with their current offers to you. Choose the best offer among all the banks and then you can select your bank based on the information you have in front of you. Collection of Documents. After selecting your bank, we will send a document executive to your place along with application form for collecting documents and signing the application form. Also you can collect the visiting card from him on account of confirmation that he has came to you on behalf of M/s Finsol

Marketing and then you can handover him the supporting documents like proof of income, residence proof, bank statement, identity proof and other relevant documents etc. These documents vary from bank to bank. Verification & Investigation After submitting the documents in day or two, all should get verified by either visiting your residence or work place from the bank side. This is compulsory that you are present during this visit to make loan get confirmed otherwise your application can get rejected by the bank. PD (Personal Discussion) After the all above process done by the bank and get the required reports on file. Credit manager of the bank will do the PD (Personal Discussion) it is all about to know more about you and find out the todays financial situation of the customer and find out the end use of this loan amount. Loan approved If everything going fine and the bank is satisfied with the verification, PD etc the loan is approved. The bank then disburses the amount through cheques, direct credit the amount of your account or demand drafts.

Personal Loan FAQ

1. What is mean by Personal loan? Personal Loan is called as An unsecured loan. This implies that you dont have to give any security, , not even guarantors. More advantages are minimum documentation and speedy process (within three to seven

working days from the application date). And there is no monitoring of 'end use' -- you can use the loan for any purpose you like, except speculative purpose. 2.How can I get the Personal Loan? You can always start by checking out with different banks offering you the loan for the best offers like interest rate, Processing Fees and tenor. Also find out the eligibility criteria and the documents required to submit before you apply. 3. How to calculate my loan eligibility? Loan eligibility calculation is depends upon various factors which differ from banks to banks. The main factor of course, is your ability to repay the loan. Also your profile, in terms of residence and the place you work in also matters. Do make sure to check all such other eligibilities before applying. 4. How much personal loan that I can avail? As on date every bank has maximum limit of personal loan that is 15 Lacks for a salaried person and some bank can go up to 25 lacks also, and Loan eligibility depends upon various factors. The main factor is your ability to repay. The bank would like that the installment you pay should not exceed more than 50% of your net salary. 5. What will be the rate of interest that will be charged on my loan? The interest rate varies from bank to bank. And usually it varies from 14%-26% depending upon your profile and company where you work. 6. What is the minimum and maximum tenure of a personal loan? The time frame for most personal loan repayments ranges from 1 year (12 months) to 5 years (60 months), but a select few financial institutions offer 7 year tenures as well.

7. What are the processing fees and charges payable for a personal loan? There is usually a fee of about 1% to 3% of the loan amount charged when you apply for a personal loan. However, this varies from bank to bank and is also based on the credit profile of the borrower. 8. What are the documents required to apply for a personal loan? Documents that need to be provided for a personal loan differ according to the profile of the applicant and the bank. However the standard documents that are usually needed or required by the bank are as below: --ID Proof --Residence Proof --Income Proof. --Bank statement 9.does prepayment charge mean? Does it matter while comparing loans? A personal loan is repaid to the lender within a fixed time frame, which is usually 1 to 5 years and some cases it could be 7 years. In case you want to clear the loan payment earlier than the agreed time frame, the bank levies a prepayment penalty or foreclosure charge. This could be up to 4% of the outstanding loan amount but can vary according to the bank and the credit profile of the borrower. Make sure the interest saved by pre-paying exceeds the prepayment fee paid. This is one of the factors to keep in mind while comparing loans.