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Unsecured Loan

About unsecured Loan

Don’t have a collateral? The unsecured loans will be available in no time

When you apply for an unsecured loan, you don’t need to provide any security or collateral. The loan will be given to you on the basis of creditworthiness.

Applying for an unsecured loan with Loanzbazar is pretty easy. You need to submit the necessary documents and we will help you with the application process. You need to ensure that you submit the documents requested in the portal for the application of unsecured loans. Let us get through the entire thing in the coming sections.

Contact us today for your loan.

Loan Amount

25,000

25,00,000

Rate of interest

11.00%

36%

Loan Tenure

6 Months

72 Months

Calculated EMI*

Our assistant will guide you through the process of unsecured loan

Are you looking to apply for an unsecured loan? At Loanzbazar we make it easier for you to apply for a loan without any collateral. If you want to provide safety and security of your income, we will assist you in the process.

If you want to apply for our unsecured loan, you need to follow our terms and conditions. You need to prove the creditworthiness in order to get the loan. There are certain documents that we would request you for the procedure. You must submit them on the portal to apply for the unsecured loan from Loanzbazar.

Check Loan Eligibility at loanbazar

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Benefits of applying for loan from LoanzBazar

Not every lender will provide you with an unsecured loan. If you want to apply for the same, Loanzbazar can help you. Check out the benefits of securing an unsecured loan with Loanzbazar.

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Instant approval & disbursal

At Loanzbazaar, we are bringing fast and efficient solutions with easy approval. Get the loan approved in 24-36 hours.

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Flexible Repayment Option

We have flexible repayment options for your loan. Switch to the EMI of your choice with faster disbursal. You can switch your loan after 6 months.

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Higher Loan Amount

We check your eligibility and provide you the loan from Rs 50,000 to Rs 10 lacs.

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Longer Loan Tenure

The tenure for paying back the loan is pretty high. Our loan tenure will vary from 6 months to 60 months.

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Less documentation

At Loanzbazar we require very minimal documents to apply for the unsecured loan.

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Transparent Process

We help to maintain transparency of your documents. At LoanzBazar customize your loan. There are no hidden charges.

Documents to Apply for a unsecured Loan

When applying for a unsecured loan, you will need to submit the following documents:
  1. PAN Card
  2. Identity proof (Aadhaar Card, Driving licence, Passport, Voter ID, etc.)
  3. Signature Proof (Passport, PAN card, etc.)
  4. Address proof (Passport copy, Aadhaar card, driving licence, utility bill – gas or electricity bill, Voter ID ,ration card, rent agreement, etc.)
  5. Bank statements of the past 6 months
As a salaried individual, you additionally need to submit the following:
  • As a salaried individual, you additionally need to submit the following:
  • Income Tax Returns for the last 2 years
  • unsecured proof (License, registration certificate, GST number)
  • IT Assesunsecurednt OR Clearance Certificate
  • Income Tax Challans OR TDS Certificate (Form 16A) OR Form 26 AS for income declared in ITR
Please note that depending on your individual profile and Fullerton India’s policy at the time of loan application, additional documents may be requested.

Loanbazar unsecured Loan Eligibility

  • You must be a Salaried Employee
  • Age: 23-55 years old
  • Net Monthly Income must be more than Rs. 20,000.
  • No defaults in the last 24 months.
  • You must be residing in Delhi/NCR, Bangalore, Pune, Chennai,Mumbai or Hyderabad.

What does an unsecured loan cover?

With an unsecured loan, you don’t need to worry about submitting any collateral or security. Our unsecured loan will cover a wide range of the things to help businesses. We can assist you with creditworthiness and provide you a loan depending on that.

Flexible Repayment options

Final installment options for a loan will be decided based on your profile and inputs.

unsecured Loan

Repayment done via Fixed Equated Monthly Installments, where EMI=Principal + Interest. Each Installment reduces both interest and Principal amount. Ideal when: You know the precise Loan Amount needed and your income is consistent.

How to apply

Avail our personal loans through your preferred platform and enjoy unmatched convenience at your fingertips…

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Via Website

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Via Our App

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Via WhatsApp

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Via Call

Compare the unsecured loans at Mumbai, Pune, Navi Mumbai, Thane, Delhi and Bangalore.

Our unsecured loans are available across different cities of India. These include Mumbai, Pune, Navi Mumbai, Thane, Delhi and Bangalore. As long as your papers are ready, we will provide you instant approval.

Bank Name Rate of Interest for Salaried Employee
HDFC Bank 10.99% - 17.85%
Axis Bank 11.99% to 24%
ICICI Bank 10.99% - 17.85%
Standard Chartered Bank 11% - 16%
IndusInd Bank 14% - 16%
Kotak Bank 11.50% - 24.00%
Bajaj Finance 14.25% - 16.75%
HDB Finance 14% - 21%
Fullerton Finance 13.00% - 24.00%
State Bank of India 11.00% - 17.65%
IDFC Bank 10.99% - 17.85%
IDFC Bank 10.99% - 17.85%
Tata Capital 13.50% - 18%
Yes Bank 12.50% - 16.00%

FAQs

For the unsecured loans, you don’t need to provide any collateral. All you need to do is provide proof that your income will cover for the EMIs and we will help you.

The unsecured loans are available for salaried employees in Mumbai, Pune, Navi Mumbai, Thane, Delhi and Bangalore

Check the process mentioned above for applying for an unsecured loan and we will get back to you, If you are stuck, our experts will guide you through the process.

We have mentioned the information about unsecured loans in the sections above. Scroll and check it out to get details.

Yes. If you are ever stuck in an emergency situation but do not have any collateral, we can assist you in the process. Get in touch with us to know more about the unsecured loans.