How to Apply for a Personal & Business Loan
Check Your Loan Eligibility in 5 mins & Apply Now
Top Features and Benefits of Personal Loan
Flexible Loan Amount
Choose any loan amount starting from Rs. 50,000 upto Rs. 25 lakhs.
24 Hour Disbursal
Once approved, your loan amount will be credited to your account within 24 hours.
Collateral Free Loans
To apply for a personal loan through Ujjwal Finance, you don’t have to pledge any asset or
arrange for a guarantor
Affordable Interest Rates
We understand how important interest rates are as they determine the EMI amount to be paid.
At Ujjwal Finance, the interest rate starts at just 0.75% per month
Our 100% paperless process simplifies the loan application & provides instant approval within a few hours!
Steps to Apply for a Personal Loan
Check your Eligibility
Register on the Ujjwal Finance website and provide the following -
- First and last name according to your PAN card
- Income
- Age and date of birth
- Location and area code
- Gender
- Purpose of availing said loan
- PAN number
- Mobile number
And any other requested details.
Once this is done, sit back and relax while we calculate your eligibility within 2 minutes
Select a Loan Plan
Based on the information provided & your credit profile, an eligible loan amount will be displayed.
Select the loan amount as well as repayment tenure of your choice that suits your requirements
Complete KYC & Income Verification
The next step is to upload all the required documents such as ID proof, address proof, and income proof.
You will also be required to take your Selfie & upload images of your PAN Card. The entire process is
100% online and does not require any physical copies.
Loan Approval & EMI-Auto debit
Once your documents are verified, your loan will be instantly approved. You’ll now be required to enable
the EMI-auto debit or NACH mandate using Netbaking/Debit card or NACH Form. This step ensures that the
auto-debit facility for your bank account is activated for easy monthly EMI payments.
Loan Disbursal
Once the EMI-auto debit is enabled, you’ll be sent a Loan Agreement with details like your loan amount,
interest, applicable fees & tenure etc. Kindly review the same & submit. Once submitted, the loan amount
will be transferred to your bank A/c within 1 business day.
In five quick and easy steps you can now avail an instant personal loan from Ujjwal Finance.
