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Small Finance loan in Cash for your daily Needs

Due to their ease of access, small finance loans, also known as short-term loans, are growing in popularity. They also provide fairly advantageous terms and conditions for borrowers. Both self-employed people and salaried workers are eligible to apply for small personal loans. First-time borrowers can also avail yourself of them.

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Eligibility Criteria to Get Small Loan

• Indian residents are eligible to apply for a small loan.
• An employee receiving a salary or a self-employed worker
• While applying for the loan, you must be at least 21 years old.
• Make at least Rs. 10,000 per month (actual amount may differ depending on lender).
• Need to own an official identification card

Features and Advantages of Small loan

Loan application

Documents Required for small Finance

Enrolling in a small finances loan requires the following:
• Proof of identity (Voter ID, passport, Aadhaar card, or PAN card)
• Proof of age (driver’s license, passport, voter ID, or Aadhaar card)
• The last six months’ worth of bank statements
• Photos the size of a passport
• Proof of income (pay stubs from the last three months, income declaration statement, or ITR from the previous year)
• Absence of collateral