Smart, transparent loan guidance for India

In today’s fast-moving world, financial needs can arise anytime—be it for medical emergencies, education, travel, weddings, or even to consolidate existing debts. While savings help, they often fall short in covering large, unplanned expenses. This is where personal loans play a vital role…

What is a Personal Loan?

A personal loan is an unsecured loan offered by banks, NBFCs, and fintech lenders. It requires no collateral and can be used for any legitimate purpose. Lenders evaluate your income stability, credit score, and repayment capacity.

Why are Personal Loans Popular in India?

• No collateral required
• Fast disbursal with digital KYC
• Use anywhere: medical, education, weddings, travel
• Build credit with on-time EMIs
• Wide availability across banks/NBFCs

Key Features

• Loan amount: ₹50,000 to ₹50 lakh
• Tenure: 12–60 months
• Interest: ~10%–24% p.a.
• Fees: processing ~1%–3%
• Prepayment/foreclosure: usually allowed post lock-in

Eligibility & Documents

• Age 21–60; salaried or self-employed; ₹20,000+/month income
• CIBIL ideally 700+
• Docs: Aadhaar, PAN, address proof, salary slips/ITR, bank statements

Process with Kredistar

1. Requirement analysis
2. Eligibility check
3. Application & KYC
4. Lender shortlisting
5. Approval & disbursal

Use Cases & Watch-outs

• Medical, debt consolidation, education, weddings, travel, business needs
• Avoid over-borrowing; read fees; keep EMIs on time to protect your score.

FAQs

How long to approve? Often 24–48 hrs if docs are in place.

Self-employed? Yes, with ITR/financials.

Impact on CIBIL? Positive with on-time EMIs; negative if delayed.

Conclusion

Personal loans are versatile and fast. Kredistar helps you compare lenders, secure competitive rates, and finish the journey with clarity.

For most Indians, owning a home is more than a financial move—it’s a lifelong dream. With prices rising, a home loan becomes essential. At Kredistar Finserv Pvt Ltd, we simplify your journey end-to-end.

What is a Home Loan?

A secured loan where the property acts as collateral. Repay through EMIs over a fixed tenure.

Types

• Home Purchase • Construction • Renovation • Plot • Balance Transfer • Top-Up

Key Features

• Loan amount: ₹5 lakh to ₹5 crore (profile/property dependent)
• Tenure: up to 30 years
• Interest: ~8%–10% p.a.
• Tax: Section 80C (principal) & 24(b) (interest)
• Flexible prepayment/part-payment

Eligibility

• Age 21–65; income ₹25,000+/month
• Employment: salaried/self-employed
• CIBIL ideally 750+
• LTV: typically 75%–90%

Documents

• KYC, address proof, income proof (salary slips/ITR), bank statements, property papers

Choosing the Right Lender

• Compare rates, fees, tenure, charges, and digital experience
• Kredistar shortlists best-fit offers across banks/HFCs/NBFCs

EMI Example

₹50 lakh • 20 years • 8.5% p.a. → EMI ≈ ₹43,391; total interest ≈ ₹53.1 lakh; total repayment ≈ ₹1.03 crore.

Pro Tips

• Maintain 750+ CIBIL
• Keep EMI-to-income < 40%
• Choose longer tenure initially; prepay with income growth
• Avoid multiple parallel applications

FAQs

Low CIBIL? Possible, but expect higher rates. Better to improve first.

Max loan? Up to 90% LTV depending on profile and ticket size.

NRIs? Yes—additional docs apply.

Kredistar Advantage

Faster approvals, competitive rates, and guided documentation through our partner network.

Whether you’re a retailer, D2C brand, trader, or manufacturer, the right business loan helps you grab growth without starving operations.

Types of Business Finance

• Term Loan – Capex/machinery/expansion
• Working Capital (OD/CC) – Cash-flow gaps
• Invoice/Receivables Finance – Unlock cash tied in invoices
• POS/QR-based Loans – Based on digital collections
• Secured Loans – Property/collateral-backed; lower rates
• Unsecured Business Loans – Faster, smaller ticket; higher rates

Typical Features

• Ticket size: ₹1 lakh – ₹5 crore
• Tenure: 12–84 months (product-wise)
• Rates: ~10%–24% p.a.; lower for secured
• Repayment: EMI, daily/weekly (POS), or bullet for invoice finance

Eligibility Snapshot

• Vintage: 12–24 months+ (younger ventures may use alt-products)
• Bank statement turnover & cash-flow stability
• GST/ITR where applicable; digital collections help
• CIBIL/Credit history of promoters

Documents

• KYC, business proof (GST/Udyam), ITR/financials, bank statements, rent/ownership proof
• For secured: property papers, valuation, NOC

Cash-Flow Tips

• Keep DSCR ≥ 1.2 and EMI-to-income sensible
• Digitize collections to evidence turnover
• Reduce cheque bounces; maintain average balances
• Separate personal vs business spends

Kredistar Advantage

We align your need to the right instrument (term/OD/POS/invoice), negotiate rates across partners, and streamline documentation for faster sanctions.