Personal Loan

Udit India offers instant soft approval for Personal Loan which further gets disbursed in 48 hours from our in-house NBFC, multiple banks & other NBFCs. Enjoy the fastest process, door step services, transparent processing, simple & easy documentation and competitive lowest interest rate.

Personal Loan Eligibility

The personal loan eligibility criteria for salaried employee is as follows.

  • Minimum age of Applicant : 21 years
  • Maximum age of Applicant at loan maturity :  60 years
  • Minimum Net Monthly Income : Rs. 15,000 per month (minimum Rs. 15,000 – Rs. 20,000 in some banks according to their loan eligibility criteria)

Documents Required for Personal Loan

For Salaried Customers

  • One valid Identity proof
  • Latest six months Bank statements
  • Latest Residence proof
  • Latest three month Salary slip
  • If required guarantors & their same set of documents

For Self Employed Customers

  • Three years ITR if more than 5 yrs in same business
  • Profit & Loss Account , Balance Sheets & Audit report
  • If company is Pvt ltd then MOA
  • Shop act / Partnership Deed & other mandatory documents etc.
  • KYC of individual / company
  • Six month bank statement

Business Loan

Avail Business Loan up to Rs. 2 Crore from 40+ Banks and NBFCs. ✓ loan application and approval ✓Minimum documentation ✓No collateral ✓No guarantor required ✓Compare Interest Rates for a business loan ✓Affordable interest rates ✓Calculate your monthly Business Loan EMIs. ✓Flexible loan tenure upto 180 months.

Business Loan Eligibility

Self Employed Professionals
This type of category include, allopathic doctors, chartered accountants, company secretaries, & architects etc. This is subject to the applicants who have the proof of qualifications & are practicing their profession.

Self Employed Non Professionals:
This type of category includes traders & manufacturers.

Who can avail Business Loan?

Following entities can avail the business loan:

  • Proprietorship
  • Partnerships

  • Closely Held Limited Companies

  • Private Limited Companies

  • Limited Liability Partnerships

Applicants have to fulfil following criteria in order to be eligible for business loan:

  • No Minimum Turnover

  • Min 3 years experience in the current business

  • Min 3 years of business experience

  • Business should make profit for last 2 years

  • Min Annual Income is Rs.1.5 Lacs

  • Min age of applicant is 21 years

  • Max age of applicant is 65 years at a time of loan maturity

Home Loan

Udit India provides the lowest rate of the market. You can compare all the loan providers offer under a single roof. A home loan can be used to buy a new property like flats, bungalow, and row houses also. Banks generally provide 80% to 90% of the property value as a home loan.

Documents Required

  • Colour Photo

  • PAN Card Copy

  • Last 6 months bank A/C statement

  • Passport size photograph of the applicant & co-applicant

  • Age proof of co-applicant

  • Residence Address Proof

Loan Against Property

Get instant soft approval from the loan against the property by mortgaging your residential or marketable commercial property. Get up to 100% loan amount on your property’s value within seven working days. Interest rate starts from 8.50% from over 40 Banks & NBFCs.

Process

The loan against property goes through the following stages.

  • Application for Loan.
  • Processing of Application.
  • Loan Documentation.
  • Initiation for Verification / Valuation of property.
  • Credit Sanctioning of the Loan.
  • Disbursement of Loan.

Documentation Required for Loan Against Property

  • Identity Proof

  • Residence Address Proof

  • 6 month Bank Statement

  • 3 month salary slips

  • Previous or current job experience proof

  • Form 16 for previous employment / ITR for self employed

  • Property Document

Car Loan

Udit India is one of the largest loan service portal and we have tie ups with the leading banks & financial institutions providing the car loans.

Eligibility Criteria for Car Loan

Eligibility for car loans differ based on a various criteria set by the lender considering the borrower’s profile. Some of them are as follows.

Age Minimum 21 Years and Maximum 65 Years
Net IncomeRequirement Upwards Rs.10,000 p.m
Employment-
Type
Stability
For Salaried or Self-employed
3 years total experience or years in business or profession, 2 years in the current post or business or profession
Car Type Old vs. New : affect the loan amount
Car Value Affect the loan amount
Car Model Approved model
Residence-
Area
Stability
Urban or Semi urban or Rural
1 year stay at the current residence

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