01/10/2022
*Cholamandalam Personal & Business Loan New Policy Highlights.!!*
⭐
*Personal Loan :-*
👍🏻Min Net Salary >25K for Jaipur & Jaipur spoke >22K
👍🏻 Min. Cibil - 675 to 725 for upto 5L
👍🏻 Cibil - Above 725 for > upto 10L max
👍🏻 Min. Age 23 to 53 at the loan application
👍🏻 We are Funding only Pvt Ltd, Public Ltd & Govt Employees (Listed & Non-Listed as well)
👍🏻Loan Amount- 1 Lac to 10 Lac
👍🏻 Tenure- 12 month to 60 months
👍🏻 FOIR- 55% to 70% (Company Category wise)
👍🏻*New to credit- Not Allowed (-1/0 cibil score not allowed)*
👍🏻Own House is *not mandatory*
👍🏻*BT - Not Allowed*
👍🏻Login to Disbursal TAT 48Hrs for FTR cases.
Documents required for login:-
1. Adhaar, PAN
2. Latest 6 months net banking (PDF) statement
3. Address proof (Aadhaar, Voter I'd, Driving License, Passport)
4. Live Photo
*SELF EMPLOYED :-*
👍🏻(Banking ABB & GST)
👍🏻 *Min. Cibil - 675 to 725 upto 10L*
👍🏻 Cibil - 725 & above >10L
👍🏻 Min. Age 25 to 60 at the loan application
👍🏻 We are Funding only *PROPRIETORSHIP FIRM*
👍🏻Minimum *3 Years Experience* is must
👍🏻Loan Amount- 3Lac to 20Lac
👍🏻 *Tenure- 12 month to 60 months*
👍🏻 FOIR- ABB : 25% & GST : 65%
👍🏻*New to credit- Not Allowed (-1/0 cibil score not allowed)*
👍🏻*BT - Not Allowed*
👍🏻 We are not counting *Gold Loan & Credit Card obligations*.
👍🏻Login to Disbursal TAT 48Hrs for FTR cases.
Documents required for login:-
1. Adhaar, PAN
2. Latest 6 months net banking (PDF) statement Saving or Current Account/OD/CC
3. Address proof (Aadhaar, Voter I'd, Driving License, Passport)
4. Live Photo
5. BCP Proof 3 Years Old ( GST, SSC, SHOP ESTIC license, Export & Import license, 3 years old ITR for business only filled in business category)
6. Office Address Proof ( GST,SSC,SHOP ESTIC, IMPORT & EXPORT, MOBILE & E BILL)
7.ownership proof office/residence
*SELF EMPLOYED PROFESSIONAL (Doctor/CA/CS) :-*
👍🏻Non Income Program (Only Degree & Registration)
👍🏻 *Min. Cibil - 675 to 725 upto 5L*
👍🏻 Cibil - 725 & above for >20L
👍🏻 Min. Age 25 to 60 at the loan application
👍🏻Minimum *3 Years Experience* is must
👍🏻Loan Amount- 1Lac to 20Lac
👍🏻 *Tenure- 12 month to 60 months*
Documents required for login:-
1. Adhaar, PAN
2. Latest 6 months net banking (PDF) statement Saving or Current Account
3. Address proof (Aadhaar, Voter I'd, Driving License, Passport)
4. Live Photo
5. 3 years old (Registration Certificate)