• Duly filled and signed application form Proof of identity
• Proof of Identity
• Proof of address
• Proof of Age
• Salary slips for the last three months (for salaried)
• Bank statement for the last six months Income tax returns or form 16
• Income Tax Returns or form 16
• Proof of Income/financial statements (for self-employed) For more details, check out our personal loan documents page.

Age: 21 to 60 years**

Employment: Salaried or Self-employed

Minimum Income: Minimum Salary – INR 20,000 – 25,000**

Credit Score: 750 or above, with good credit history

Nationality: Resident Indian

Work Experience: Overall work experience of 1+ years

Purvaja offers competitive interest rates on all its quick personal loans. A number of factors like credit score, age of applicant, employer, repayment capacity, previous relationship with our company, and occupation, determine the personal loan interest rates. Apart from interest rates, there are minimum processing fees and prepayment charges that are nominal in nature.

Interest rates: Starting from only 11.99%* per annum

Processing fees: Upto 6% of loan amount.

Prepayment charges: Upto 7%* of loan amount.

An instant personal loan can be of several uses. Here are the top 6:

• Personal Loan for Medical Emergencies: Get a Personal loan if you need a lump sum amount of cash urgently for an unexpected medical emergency, or to manage medical expenses that may not be covered by insurance.
• Personal Loan for Used Cars: A Personal loan can help you buy a second-hand car for your family that comes up with low interest rates and a flexible tenure
• Personal Loan for Debt Consolidation: If you are struggling with multiple unsecured loans, then using a personal loan to combine all of them into a single loan is a much smarter option.
• Personal Loan for Higher Education: Professionals seeking to upgrade their skills with certification courses or part-time courses can achieve their academic dreams with an online personal loan.
• Personal Loan for Wedding: Enjoy the best day of your life with a personal loan to finance the arrangements or your dream honeymoon.
• Personal Loan for Home Renovation: Give your home a new look by redesigning it, upgrading the appliances or furniture – finance your plans with a personal loan from Purvaja.