Personal Loan Services in Delhi

What is a Personal Loan?

A personal loan is an unsecured loan provided by financial institutions to meet various personal financial needs. Unlike home or car loans, these loans do not require any collateral or security. They are approved based on the borrower's creditworthiness, income, and repayment capacity.

Whether you need funds for a medical emergency, wedding, education, or debt consolidation, Taxcrafted Solutions helps you navigate the loan process smoothly. We connect you with top lenders and negotiate the best terms for your financial profile.

Key Features

No Collateral Required
Flexible Usage of Funds
Quick Approval & Disbursal
Fixed Interest Rates
Flexible Repayment Tenure (1-5 Years)

Eligibility Criteria

Salaried or Self-Employed
Age: 21 to 60 Years
Minimum Monthly Income: ₹15,000+
Good CIBIL Score (750+)
Stable Employment History

Our Loan Services

End-to-end support from application to disbursal.

Application Support

Profile Evaluation
Bank Selection
Form Filling Assistance
Document Verification
CIBIL Report Check

Documents Required

Identity Proof (PAN/Aadhaar)
Address Proof
Income Proof (Salary Slips/ITR)
Bank Statements (Last 6 Months)
Passport Size Photos

Why Choose Us?

Tie-ups with Top Banks
Lowest Interest Rates
Minimal Documentation
Fast Processing
Transparent Process

Frequently Asked Questions

Common queries regarding Personal Loans.

What is the minimum CIBIL score required for a personal loan?

Most banks and NBFCs prefer a CIBIL score of 750 or above for quick approval and lower interest rates. However, applicants with scores between 650-750 may also be eligible but might face slightly higher interest rates.

Can I use a personal loan for any purpose?

Yes, a personal loan is an unsecured loan with no restrictions on end-use. You can use the funds for medical emergencies, weddings, travel, home renovation, or debt consolidation.

How long does the disbursement process take?

If your documents are in order and you meet the eligibility criteria, the loan amount is typically disbursed within 24 to 72 hours. Pre-approved customers may get instant disbursement.

Is there a prepayment penalty if I close the loan early?

Most lenders have a lock-in period (usually 6-12 months) before you can foreclose the loan. Foreclosure charges typically range from 2% to 5% of the outstanding principal amount plus GST.

What documents are required for salaried employees?

Standard documents include identity proof (PAN/Aadhaar), address proof, the last 3 months' salary slips, and the last 6 months' bank statements showing salary credits.