What are eligibility requirements for a personal loan? - Letsdiskuss
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shane robert

Manager | Posted 11 Oct, 2019 |

What are eligibility requirements for a personal loan?

Rohan Kumar

Student | |Updated 06 Mar, 2020

Hi,

Every bank and NBFC’s has its own set of criteria when evaluating a personal loan application. And doing fair research on it, got to now about MyFi Services. They have an online platform that functions as an intermediary between lending institutions and customers seeking Personal Loan.


So to apply for a personal loan through MyFi, here are eligibility requirements:

Profession Type - Salaried Only

Nationality - Indian

Minimum Age - 21 Years

Maximum Age - 58 Years

Minimum Work Experience - 1 Year

Minimum Net Monthly Income - INR 20,000

Method of receiving Income - Bank Transfer Only.