Personal Loan

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Personal Loan

Personal Loan Real time Approval

Bada Finance provides immediate soft approval for personal loans executed within 48 hours from multiple banks, and other NBFCs. Enjoy the fastest process, front door service, transparent processing, simple and easy-to-understand documentation, and the most competitive interest rates.

Personal Loan Interest Rates 2022

Please read the personal loan interest rate comparison table below. Bada Finance has integrated all current interest rate information in one place. This loan comparison will certainly help when applying for a personal loan. Please continue to visit this section for the latest information.

 

Comparison chart for the rate of interests and loan amount

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Personal Loan - Eligibility

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

Minimum Age

Minimum age of Applicant : 21 years

Maximum Age

Maximum age of Applicant at loan maturity : 60 years

Income

Minimum Net Monthly Income : Rs. 15,000 per month

Offers and Schemes

Personal loans with the lowest interest rates from various financial companies.
  • We are here to help all our clients to get special offers from all banks/NBFCs on interest rate quotes in various ways (e.g. monthly diminishing interest rate, permanent). Just looking at the value of the interest rate may not give you a true picture of the best personal loan quote for you. You need to check the EMI. Processing fees should also be considered when comparing loan quotes.
  • If you need a personal loan urgently, simply compare the average time it takes banks to disburse a personal loan.
  • Compare each bank’s customer satisfaction ratings and choose the best one, as the application process is different for each bank.
  • You can get help comparing the best deals from the Bada Finance team for free.
  • Personal loans are available from us at Bada Finance in amounts ranging from Rs 30 Thousand to Rs. 20 Lakh, with minimum repayment term: 1 year to maximum repayment term: 5 years.

Documents Required

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

Quick Approval

Easy Repayment

100% Transparency

Processing Fees and Charges

  • Banks typically charge a fee of 2% to 3% of the loan amount, depending on your credit profile.
  • If you repay your personal loan earlier than the agreed-upon time, other major lenders will also charge an early penalty fee or default penalty of about 4% of the previously closed loan.
  • The minimum loan term is six months, which means you can’t get your loan for six months.

FAQ

Loan Form

Service List

Need Help?

  • 7304149954
  • servicedesk811@gmail.com
Bada Finance is one of the country’s fastest growing financial distribution platform, using technology and analytics tools to analyze and process customer loan applications and allow customers to deposit money into their accounts within 48 hours with minimal documentation.
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Contact

  • Mumbai
  • customer.service@badafinance.in
  • +91 7304149954
  • Mon - Fri : 09:00 AM - 6:00 PM
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