Star Mitra Personal Loan

Age

• Age: Maximum age 70 years at the time of final repayment

CIBIL Score

• A CIBIL score of 730 or above is generally considered good for approving a personal loan.

Required Documents

• Proof of identity (any one) - PAN/Passport/Driver Licence/Voter ID
• Proof of Address (any one) - Passport/Driver Licence/Aadhar Card/ Latest Electricity Bill/Latest Telephone Bill/Latest Piped gas bill
• Proof of Income (any one) - For salaried: Latest 6 Month Salary/Pay Slip and One year ITR/Form16 For Self-employed: Last 3 years ITR with CA certified Computation of Income/Profit & Loss Account/Balance Sheet/Capital Account Statement
• Doctor’s certificate regarding the extent of handicap and need of equipment.

Nature of Employment

• Individuals: Salaried/Self-employed/Professionals

Loan Processing Charges

• Nil

Features

• EMI starts from Rs.2130/- per lakh
• Maximum quantum up 15 times the net monthly salary or 100% of net annual income for self-employed
• Maximum repayment tenure up to 60 months
• Quick disposal of the loan (Very less turn around time)
• Nil processing charges.
• Clean loan facility available without pledging of any security
• Easy documentation
• Special Scheme for differently abled.
• To purchase durable and sophisticated aids/ appliances to promote their physical and social rehabilitation.
• No Processing charges
• Low rate interest starting from 10.85% p.a., (for DRI case 4%.)
• Maximum limit upto Rs. 2.00 lakhs
• No prepayment penalty