Personal Loan

A Personal Loan is a non-secured loan granted to earning individuals, both salaried & self employed.

Personal Loan - Fast Track Money

This can be obtained from a bank or NBFC for all purposes. This comes in handy as the funds can be availed at short notice, with minimal paperwork, without the requirement of any guarantor or collateral. The rate varies from 13.75% to as much as 49% fixed. Processing fee attracted can vary between 0.5% and 5% of the loan amount, depending upon the same and existing relationship with the lender. Prepayment charges vary between 1.5% and 5%. The tenure varies from 1 year to 7 years.

Why Apply for a PL with FTS

Widest range of lenders available for your choice with customized offers.
Most experienced and empowered personnel to ensure smooth & easy processing.
Customized offers with Accurate Calculation of eligibility
Fantastic Rewards Platform as an added advantage
Transparency: Aimed at helping you make the right choice, we provide objective and transparent information about your loan options.
Privacy: Your application is sent only to the lender you choose, and is never shared with anyone else.

DOCUMENTS REQUIRED FOR LOAN PROCESSING:

For Salaried:

Photo(2 each of all applicant and co-applicants)
PAN card copy (of all owners)
Residence address-proof of yours & relationship proof with the co-owners (Passport/ Driving license/ Landline or mobile bill etc.)
Latest 3 months' salary slips
Latest 6 months' bank statement reflecting 6 salary credits and existing EMI credits.
Last 2 years' Form 16 / IT Return
Existing loan EMI sanction letters & repayment track / Emi reflected bank statement of last 12 months(if applicable) Initial Processing Fee cheque in favour of chosen bank.

For Self-employed:

Photo(2 each of all applicant and co-applicants )
Residence address proof of applicant & relationship proof with the co-owners (Passport/ Driving license/ Landline or mobile bill etc.)
Last 3 years’ personal ITR & balance sheet
Last 3 years’ company ITR & balance sheet with P/L a/c along with auditor's report and shedules
Office address proof(trade license copies)
Last 6 months' personal savings & current a/c statements
Any other loan EMI details & repayment track of last 12 months(if applicable)
Processing fee cheque in favor of whichever bank you choose.