personal loan in panipat


Personal Loan in Panipat by Top Banks and Financial Institutions

Partner with Singroha Associates for Hassle-Free Personal Financing Since 2020

Fulfill Your Financial Needs with a Personal Loan in Panipat

Whether it’s funding a wedding, medical expenses, travel, or debt consolidation, a personal loan in Panipat from Singroha Associates can help you achieve your goals. Since 2020, we’ve been assisting residents of Panipat, the historic “City of Weavers,” with quick and flexible financing solutions. Our expert team partners with top banks and financial institutions to offer competitive interest rates, instant approvals, and a seamless loan process.

At Singroha Associates, we prioritize your financial freedom, ensuring you get the best personal loan in Panipat tailored to your needs. Let us guide you to hassle-free financing today!

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Why Choose Singroha Associates for Your Personal Loan in Panipat?

Since our establishment in Panipat in 2020, Singroha Associates has earned a reputation for trust and efficiency in personal financing. Here’s why we’re the preferred choice for a personal loan in Panipat:

  • Extensive Network: We collaborate with leading banks like HDFC Bank, ICICI Bank, SBI, Axis Bank, and NBFCs like Bajaj Finserv and Tata Capital.
  • Low Interest Rates: Access personal loans starting at 10.25% p.a., based on your eligibility.
  • Instant Approvals: Get quick loan approvals, often within 24-48 hours, with minimal paperwork.
  • Flexible Solutions: Customized loan options for salaried individuals, self-employed professionals, and small business owners.
  • Local Expertise: Our deep understanding of Panipat’s financial landscape ensures the best deals.

Top Providers for Personal Loan in Panipat

Explore the best personal loan in Panipat options from our trusted partners. Compare key providers below:

Institution Interest Rate (p.a.) Loan Tenure Loan Amount Processing Fee
HDFC Bank 10.50% – 21.00% 1-5 years ₹50,000 – ₹40 lakh Up to 2.5% of loan amount
ICICI Bank 10.75% – 19.00% 1-6 years ₹50,000 – ₹50 lakh Up to 2.25% of loan amount
State Bank of India 11.00% – 15.00% 1-5 years ₹25,000 – ₹20 lakh 1% of loan amount
Axis Bank 10.49% – 22.00% 1-5 years ₹50,000 – ₹15 lakh Up to 2% of loan amount
Bajaj Finserv 11.00% – 18.00% 1-7 years ₹1 lakh – ₹25 lakh Up to 3.99% of loan amount
Tata Capital 10.99% – 19.50% 1-6 years ₹75,000 – ₹35 lakh Up to 2.75% of loan amount

Note: Rates and terms are indicative and subject to change. Contact us for the latest personal loan in Panipat offers.

Loan Amount is 30000
No. of Month is 30
Rate of Interest ROI is 10
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Eligibility Criteria for a Personal Loan in Panipat

Qualifying for a personal loan in Panipat is straightforward with Singroha Associates. Here are the general requirements:

  • Age: 21-60 years (salaried) or up to 65 years (self-employed).
  • Income: Minimum ₹2 lakh p.a. (salaried); ₹3 lakh net profit (self-employed).
  • Employment: 1 year of work experience (salaried); 2 years in business (self-employed).
  • Credit Score: 750+ preferred for better rates.
  • Residence: Valid proof of residence in Panipat.

Documents Required for a Personal Loan in Panipat

To apply for a personal loan in Panipat, submit the following documents:

  • Identity Proof: Aadhaar, PAN, Passport, or Voter’s ID.
  • Address Proof: Electricity Bill, Rent Agreement, or Driving License.
  • Income Proof: 3-month salary slips, Form 16 (salaried); ITR, P&L statement for 2 years (self-employed).
  • Bank Statement: Last 6 months.
  • Photographs: Two passport-size photos.

Our Hassle-Free Personal Loan Process in Panipat

We make securing a personal loan in Panipat simple with these steps:

  1. Consultation: Discuss your financial needs and goals with our experts.
  2. Loan Comparison: We find the best personal loan in Panipat options.
  3. Documentation: We assist with minimal paperwork for a smooth process.
  4. Approval: Get instant loan approvals for quick disbursal.
  5. Fund Your Goals: Access funds to fulfill your financial needs!

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Frequently Asked Questions About Personal Loans in Panipat

What is the minimum credit score needed for a personal loan in Panipat?

A credit score of 750 or above is preferred for securing a personal loan in Panipat with competitive interest rates. However, Singroha Associates can assist applicants with lower scores by exploring suitable lenders.

How long does it take to get a personal loan approved in Panipat?

With Singroha Associates, personal loan approvals in Panipat typically take 24-48 hours, depending on the lender and your documentation. We expedite the process for instant disbursal.

Can self-employed individuals apply for a personal loan in Panipat?

Yes, self-employed individuals can apply for a personal loan in Panipat. You’ll need to provide ITR, profit & loss statements for 2 years, and a minimum of 2 years in business, along with other standard documents.

What is the maximum loan amount for a personal loan in Panipat?

The maximum loan amount varies by lender, with some offering up to ₹50 lakh, as shown in our comparison table. Your income, credit score, and repayment capacity determine the approved amount.

Are there any prepayment charges for a personal loan in Panipat?

Prepayment charges vary by lender. For instance, HDFC Bank may charge 2-4% of the outstanding amount, while some lenders like ICICI Bank offer zero prepayment penalties after 6 EMIs. Contact us for details.