How to Get 25 Lakh Loan?

Hi there. I was looking to take a personal loan for my wedding. I applied at Kotak Mahindra Bank and got the loan amount disbursed instantly, because I was eligible for a pre-approved personal loan. So, I can help you with I need 25 lakhs urgently with a personal loan.

How to Get 25 Lakh Loan?

There is an eligibility criteria you need to pass and submit a set of documents to get a Rs. 25 lakh personal loan. 

1. The applicant must be employed with a Public Limited, MNC, or Private Limited Company.

2. A good CIBIL score is needed to meet the creditworthiness criteria for the personal loan. A safe score is 750.

3. You must have a minimum of 1 year of experience in the current workplace.

4. You must have a minimum net monthly income, which is:

   1. For Kotak Bank Employees: Minimum net monthly income of Rs. 20,000

   2. For a Kotak Bank Salary Account holder: Minimum net monthly income of Rs. 25,000.

   3. For a non-Kotak Bank Salary Account holder: Minimum net monthly income of Rs. 30,000

5. For a loan amount above Rs. 5 lakhs, additional documents will be needed for approval.

1. A valid government-issued ID proof: PAN, Aadhar, passport, voter ID or driving licence.

2. Around 2 to 3 recent passport size photographs.

3. Last three months’ salary slips. 

4. Address proof in the form of Aadhar, driver’s licence or passport.

So, meet the eligibility criteria and submit the documents to avail of the loan. I hope you now know all about I want 25 lakh rupees loan.