Know more about Personal Loan for Salarised - Zavron Finserv
Personal loans are without guarantee loans enlarge by the banks to person who are met by unexpected charges or are in need of some funding in order to meet such spontaneous expenses. These loans are published without collateral and hence, are also known as unsecured loans.
A personal loan for salaried or self-employed can be presented for meeting different expenses such as:
- Medical expenses of self or loved ones
 - Vacations
 - Wedding expenses
 - Funding down payment of a new house
 - Purchase of home appliances
 - Debt consolidation
 
Salaried people are usually required to submit the following documents:
- Salary slips issued over the past three months.
 - Bank statements of the past six months
 - Latest income tax return form.
 - Employment letter
 
Personal Loan for Salaried Persons - Features
- Salaried individuals can avail personal loans under 2 categories-Xpress Credit Loan and Xpress Power.
 - The interest is computed on daily minimize balance.
 - You don’t have to provide a guarantor or security to avail the loan.
 - Offers an option to avail a second loan provided that you make regular EMI payments on your first loan.
 - There are no hidden costs associated with the loan.
 
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