Loans for every small profit.
Instant Personal Loans Upto 50 Lakhs
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How It Works
Check Eligibility
Enter basic details to find your approved limit in 2 minutes.
Upload Documents
Complete your KYC online with Aadhar and Pan securely.
Instant Transfer
Money is credited to your bank account within 30 minutes.
Why WeCredit?
Super Fast
Approval in 30 seconds
100% Secure
RBI Registered process
Lowest ROI
Starting at 1.5% p.m.
No Hidden Cost
Full transparency
Eligibility Criteria for Personal Loan
Eligibility criteria for a personal loan may vary from lender to lender, but these are some basic requirements.
Age : 21 to 60 years old for self-employed and pensioners it may go up to 70.
Employment: You must be either a salaried or a self-employed.
Credit Score : 720+ Recommended
Salary : Usually Rs. 20,000 - 30,000 a month
Income : 3 Lakhs annually (For self-employed person)
Documents Required for Personal Loan
Basically it depends on the lender how they verify the customer, here are some common documents required for personal loan application.
PAN Card, Aadhaar Card, etc.
Utility bills, Rent Agreement, etc.
Last 3 months salary slips and 6 months bank statement.
Loan Repayment Terms
Repayment Period: Minimum 3 months, Maximum 60 months.
APR Range: 2% to 33%, with a maximum APR of 20%, depending on loan amount and repayment period.
Representative Example: For a ₹10,00,000 loan with an 18% APR over 60 months, the monthly repayment is ₹29,351, totaling ₹17,81,079 with interest and processing fees.