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Shivmalhar Co-op Credit Society Ltd.

Our People, Our Institution

Personal Loan

Unsecured Loan No Collateral Required Quick Approval

What is a Personal Loan?

Personal Loan is an unsecured loan for personal use which doesn't require any security or collateral and can be availed for any purpose, be it a wedding expenditure, a holiday or purchasing consumer durables, the personal loan is very handy & caters to all your needs.

As per eligible

As per eligible

Period

36 Months to 60 Months

Rate of Interest

15.50% per annum

Loan Amount

As per eligibility criteria

Purpose of Loan

House Repairing
Education
Medical
Marriage
House Articles and Furniture Purchase
To repay money lenders proof

Required Documents

Address Proof
  • Ration Card
  • Light Bill / Electricity Bill
  • Telephone Bill
Identity Proof
  • PAN Card
  • Driving License
  • Aadhar Card
  • Voter ID
Income Proof
For Salaried Person
  • Salary slips of last 3 months
  • Form 16 or Income Tax Returns for last 2 years
  • Bank statement of last 6 months
For Self Employed
  • Financial Statements (Profit & Loss, Balance Sheet)
  • Income Tax Returns for last 2 years
  • Business proof (GST Registration, Shop License, etc.)
  • Bank statement of last 12 months
Additional Requirements
  • 2 Recent Passport Size Photographs
  • 1 Guarantor (with their identity proof)
  • Guarantor's PAN Card / Aadhar Card
  • Guarantor's Address Proof
  • Guarantor's Income Proof (if applicable)

Key Benefits

Quick Processing

Fast approval and disbursal within days

Minimal Documentation

Simple documentation process

Flexible Tenure

Choose repayment tenure from 36 to 60 months

Personal Loan Scheme