Collateral-Free Financing

Personal Loan Solutions

Q: Can I prepay or foreclose my personal loan early?

Yes. Most private banks and NBFCs allow part-prepayment or full foreclosure after completing an initial lock-in period (typically 6 to 12 months). Prepayment charges are defined in your lender sanction agreement.

Q: Does inquiring through Loans Streets Solutions hurt my credit score?

No. Initial eligibility consultations and parameter comparisons on our platform do not trigger hard credit inquiries. A hard check occurs only upon formal submission to a lending institution.

Q: How quickly are funds credited upon approval?

Following document verification and e-mandate setup, partner lenders typically disburse funds within 24 to 48 business hours.

Multi-purpose, collateral-free financing designed for planned goals and urgent requirements.

Indicative Rates10.50% – 16.00% p.a.

Repayment Tenure12 to 84 Months

Borrowing LimitUp to ₹75 Lakhs

Check Eligibility for Personal Loan Compare Partner Lenders

Product Brief

Understanding Personal Loan

A personal loan provides unsecured borrowing flexibility for urgent lifestyle, medical, home improvement, or debt consolidation needs without mortgaging any assets.

Through Loans Streets Solutions, explore personalized eligibility criteria across top private banks and premier NBFCs, ensuring transparent processing fees and clear repayment terms.

Enjoy complete freedom in how funds are utilized, accompanied by end-to-end guidance from our dedicated loan consultation team.

Key Advantages & Terms

Zero Collateral Required

Borrow purely based on your income profile, repayment history, and financial stability.

Flexible Tenures

Choose repayment schedules between 1 and 7 years tailored to fit your cash flow.

Predictable Monthly EMIs

Fixed interest rates ensure your installment amount remains constant throughout the tenure.

Swift In-Principle Approval

Digital verification allows leading partners to evaluate and sanction funds quickly.

Borrower Profile

Who is this loan suited for?

Salaried professionals needing immediate liquidity for medical emergencies or family events

Borrowers looking to consolidate high-interest credit card debt into a single predictable monthly EMI

Individuals planning major home renovations, international travel, or higher education expenses

Professionals with a steady monthly income and a credit score of 700 or above

Underwriting Standards

Eligibility Criteria

Requirements vary slightly by lender, but the parameters below reflect baseline criteria across our private banking network.

Salaried Professionals

Corporate & Public Sector Employees

Age between 21 and 60 years at loan maturity

Minimum net take-home monthly salary of ₹20,000 (varies by city tier)

Minimum 1 year of continuous employment, with at least 6 months at current organization

CIBIL credit score preferably 700+ for best interest rate tiers

Self-Employed Borrowers

Business Owners, Traders & Professionals

Age between 24 and 65 years

Minimum 2 years of continuous operational business vintage

Annual turnover demonstrated through verified GST or ITR filings

Healthy banking transactions with consistent minimum average balance

Documentation Checklist

Required Verification Records

Having clear copies of these records prepared significantly accelerates your loan processing and sanction turnaround.

Identity Proof

• Aadhaar Card
• PAN Card
• Valid Passport or Voter ID

Income Records

• Latest 3 months salary slips
• Latest 6 months bank statements showing salary credits
• Latest Form 16 / ITR

Address Proof

• Utility Bill (Electricity/Water/Gas)
• Rent Agreement (if applicable)
• Aadhaar Card with updated address

Personal Loan Estimator

Calculate Your Personal Loan EMI

Simulate loan installments based on indicative rates for Personal Loan.

Personal Loan Installment Calculator

Adjust parameters to estimate monthly installments and total repayment breakdown.

Loan Amount

₹

₹50,000₹50 Lakhs₹1 Crore

Interest Rate (% p.a.)

7.0%12.0%22.0%

Loan Tenure (Years)

Yrs

1 Year15 Years30 Years

Monthly Installment (EMI)

₹16,310 / month

Principal Amount:₹5,00,000

Total Interest Payable:₹87,160

Total Repayment:₹5,87,160

Principal (85%)Interest (15%)

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Support & Answers

Personal Loan FAQs

Everything you need to know about Personal Loan underwriting, processing, and eligibility.

What is the typical interest rate for a personal loan?

Indicative interest rates range between 10.50% and 16.00% p.a. depending on your credit profile, monthly income, employer reputation, and chosen partner lender.

Can I prepay or foreclose my personal loan early?

Does inquiring through Loans Streets Solutions hurt my credit score?

How quickly are funds credited upon approval?

Ready to explore your Personal Loan options?

Check your eligibility across our vetted private lenders with zero credit impact. Speak directly with an experienced credit advisor.

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