Ujjivan Bank Personal Loan

1. Tenure: 12 to 60 months

1. Interest Rate: Starts at 11.49% p.a.

1. Security: No collateral required

1. Documentation: Minimal & contactless

1. Application: Fully online process

Eligibility Criteria for Ujjivan Personal Loan for salaried individuals

1. The applicant should be a salaried individual with a regular source of income.
2. The minimum age of the borrower for the loan is 22 years and the maximum age is 58 years.
3. Minimum work experience of 2 years and minimum net monthly income of Rs.15,000 required.

Documents Required to Apply for an Ujjivan Personal Loan for salaried individuals

1. Proof of address such as Aadhaar, driving license, etc.
2. PAN Card
3. Company ID card
4. Proof of income such as salary slips for the previous 3 months, bank statements of salary bank account or main active bank account for the previous 6 months
5. Passport size photographs

Key Features of Ujjivan Personal Loan for self-employed individuals

Loan amount: One can avail a loan amount ranginge between Rs.50,000 and Rs.15 lakh based on their eligibility.

Loan repayment tenure: The repayment tenure for Ujjivan Personal Loans can vary from 12 months to 60 months.

Online application process: The application process can be done online from the comfort of your home.

Security: You will not be required to submit any security or collateral for availing of personal loan from Ujjivan Small Finance Bank.

Rate of interest: The rate of interest for personal loan for self-employed individuals start at 11.49% p.a.  

Contactless documentation: The documentation process is minimal, hassle-free, and contactless.

Eligibility Criteria for Ujjivan Personal Loan for self-employed individuals

1. Self-employed allopathic doctors who are practicing independently can apply for a personal loan from Ujjivan Small Finance Bank.
2. Minimum work experience of 3 years and a minimum net monthly salary of Rs.30,000.
3. Should hold a degree in BDS or MBBS and must have a valid MCI accredition.
4. The doctor must own their own nursing home, clinic, or hospital.
5. The doctor must draw income from their own consultancy.

Documents Required to Apply for an Ujjivan Personal Loan for self-employed individuals

1. Proof of address such as Aadhaar, driving license, etc.
2. PAN Card
3. Company ID card
4. Proof of income such as salary slips for the previous 3 months, bank statements of salary bank account or main active bank account for the previous 6 months
5. Proof of qualification
6. Passport size photograph
7. Certificate of practice
8. MCI registration certificate

Step-by-Step Guide to Apply for Ujjivan Bank Personal Loan on BankBazaar

You can easily apply for an Ujjivan Personal Loan at BankBazaar.com within a few minutes. The steps for the application process are as detailed below:

• You should first update the loan eligibility form with accurate personal details. This includes income details, liabilities, personal information, etc. After the submission of the form, the online tool will check your eligibility for the loan. Following this, personalised personal loan options are displayed on the screen.
• From the list of options provided, you can compare the loan details and choose the one that best suits your needs.
• The final step is the e-approval process from BankBazaar.com. Once the personal loan application is submitted online successfully, you will receive the e-approval instantly.

Apply for Ujjivan Bank Personal Loan on the Official Website

1. Click on the link https://ujjivansfb.rupeepower.com/personal-loan
2. Select whether you are existing customer or not. If you are an existing one then provide your customer id, mobile number, and enter the text given into the box. Click on 'Submit'. Once you log in, follow the instructions given to apply for a personal loan.
3. If you are a new customer, then you will have to provide a host of information such as your name, mobile number, email ID, city in which you reside, type of employment, etc. Tick the box where you authorise a representative from the bank to contact you for application for a personal loan.
4. In the next step, click on 'Proceed'. A bank representative will get in touch with you.

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