Overview of Personal Loan in Alwar, Rajasthan

Personal loans in Alwar, Rajasthan, provide flexible financing for emergencies, weddings, travel, or debt consolidation. With Alwar’s growing economy, personal loans in 2025 offer quick disbursal, with interest rates starting at 10.75% p.a. Lenders like ICICI Bank, Kotak Mahindra, and Bajaj Finance provide loans up to ₹25 lakh, with tenures up to 5 years. Loanpao simplifies the process for Alwar residents by offering online comparisons, eligibility checks, and a seamless application process.

Eligibility Criteria for Personal Loan in Alwar

Criteria Details
Age 21–60 years
Income Minimum ₹25,000 monthly (salaried) or ₹3 lakh p.a. (self-employed)
Credit Score Minimum 700; higher scores improve terms
Employment Minimum 1 year (salaried) or 2 years (self-employed)
Residence Valid Alwar address proof

Documents Required for Personal Loan in Alwar

  • Identity Proof: Aadhaar, PAN Card, or Voter ID.
  • Address Proof: Utility bill, Aadhaar, or rental agreement (Alwar address).
  • Income Proof: Salary slips (last 3 months), ITR (last 2 years).
  • Employment Proof: Appointment letter or business registration.
  • Bank Statement: Last 6 months’ bank statements.

Benefits of Personal Loan in Alwar

  • Loan amounts up to ₹25 lakh for personal needs.
  • Competitive interest rates starting at 10.75% p.a. in 2025.
  • Flexible repayment tenures up to 5 years.
  • No collateral required for Alwar applicants.
  • Quick disbursal within 1–3 days for approved loans.

Factors Affecting Personal Loan in Alwar

Interest Rate

Rates range from 10.75% to 22% p.a., based on credit score and income.

Loan Amount

Up to ₹25 lakh, depending on income, repayment capacity, and credit profile.

Credit Score

A score above 700 ensures better rates; lower scores may increase costs.

Income Stability

Stable monthly income in Alwar enhances loan approval chances.

How to Apply for a Personal Loan in Alwar

Follow these steps to apply for a personal loan in Alwar through Loanpao:

  1. Visit loanpao.in and select "Personal Loan in Alwar, Rajasthan."
  2. Fill out the online application form with details (name, Alwar address, income).
  3. Upload required documents (Aadhaar, salary slips, bank statements).
  4. Compare offers from top Alwar lenders like ICICI Bank, Kotak Mahindra, and Bajaj Finance.
  5. Get approval and funds disbursed within 1–3 days in Alwar.

Loan Eligibility for Personal Loan in Alwar

Check your eligibility for a personal loan in Alwar with Loanpao’s tool:

  • Enter your monthly income (minimum ₹25,000 for salaried).
  • Provide your credit score (preferably above 700).
  • Specify employment details (minimum 1 year for salaried).
  • Include your Alwar address for localized offers.

Loanpao will assess your eligibility and suggest the best personal loan offers in Alwar.

Check Eligibility Now

Track Your Personal Loan Application in Alwar

Loanpao provides a seamless tracker for your personal loan application:

  • Submit your application ID on the Loanpao Tracker page.
  • Get real-time updates on status (e.g., under review, approved, disbursed).
  • Receive notifications for disbursal updates in Alwar.
  • Contact Loanpao support for assistance with delays in Alwar.
Track Application Now

Personal Loan Comparison in Alwar

Compare personal loan offers from top lenders in Alwar:

Lender Interest Rate Loan Amount Tenure Processing Fee
ICICI Bank 10.75% p.a. Up to ₹25 lakh Up to 5 years 1% of loan amount
Kotak Mahindra 11.0% p.a. Up to ₹20 lakh Up to 4 years 1.5% of loan amount
Bajaj Finance 11.5% p.a. Up to ₹25 lakh Up to 5 years 2% of loan amount

Frequently Asked Questions

A minimum monthly income of ₹25,000 (salaried) or ₹3 lakh p.a. (self-employed) is required.

Personal loans in Alwar are disbursed within 1–3 days after document verification.

The maximum loan amount is up to ₹25 lakh, based on income and credit profile.

No, personal loans in Alwar are unsecured and do not require collateral.

Missing an EMI may incur late fees and negatively impact your credit score.

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