The eligibility criteria for loans on Loanzbazar are based on the following factors:
However, there are some loan provider who don't require credit checks and they may approve your loan application. You can find these provider on the internet or by asking family or friends.
Personal loans from Loanzbazar offer benefits like:
We have a plethora of offers for you to choose from with Loanzbazar. Whether you need a personal loan or want to compare car loans, we will help you find the best deal.
The repayment period of a personal loan is the time duration in which the borrower has to repay the loan. Loanzbazar offers loans with different repayment periods of 12, 24, 36, 48 months.
You have to pay back your loan in monthly instalments over the course of your chosen repayment period. For instance, if you borrow Rs 10 lakhs and opt for a 12-month repayment period, you will have to repay Rs 10 lakhs in 24 monthly instalments at an interest rate of 18%.
Loanzbazar offers an easy and quick application process to get approved in just 3 minutes. They also offer loans up to Rs. 1,000,000 without any collateral.
They offer personal loans at affordable rates to make sure that you can afford your monthly payments.
They are also one of the few lenders that approve borrowers with bankruptcy or foreclosure on their record. This is because they understand how hard it is to get approved by other lenders when you have bad credit history.
The higher your score, the more likely it is that you will qualify for a personal loan. Personal loans are typically used to consolidate debts or make large purchases such as houses and cars.