Personal Loans are loans availed by an individual for various purposes. These loans can be used for various purposes such as travel, wedding, medical emergencies, education, home renovation and anything and everything under the roof. Personal loans can be secure loans or unsecured loans, depending on the amount of loan applied for and the risk involved. As compared to other loans (such as business loans, housing finance / home loans), personal loans repayment tenure is mostly between the range of 1 – 5 years.
There’s more — here’s what else you get with Clix
Loans from Rs. 1–5 lakhs
Easy and quick approvals
It takes only 3 minutes!
Have a quick chat with our rep.
You have a loan!
How do I avail personal loan from Clix?
Personal Loans can be availed from banks, NBFCs and the likes. Before applying for a personal loan, checking your credit score is imperative. Your credit score gives lenders an idea of your credit history, credit worthiness and credit repayment behavior. Depending on these factors, your loan approval, Annual Percent Rate, and loan interest rate may vary (individual to individual).
For example, for a personal loan of Rs. 5 lacs @ 15% interest rate, for a tenure of 3 years, your EMI will be Rs. 17,333. The interest amount here would be Rs. 123,988. However, this is just the interest rate, there are other applicable fees / charges* you may like to consider as well:
Loan processing charge @ 2-3% of your principal loan amount
Documentation charge @ Zero
*indicative figures only
At Clix, we offer personal loans up to Rs. 25 lacs, offering customized interest rates, fastest disbursement across the industry with an instant decision and minimal documentation.
What documents do I need to submit to apply for a personal loan from Clix?
We just need a few documents to make sure your application is processed smoothly:
Completed application form
Recent passport-size photographs
Identity (ID) Proof
- Aadhaar card, PAN card or Government ID (for government employees)
- Aadhaar card, In case current address is not updated in Aadhaar card, one certified copy of Official Valid Documents (OVD) is required. OVDs are: Passport, Voter’s ID, Driving License
- Latest One month Pay slip or Form 16 for the current year
*Please note that while only scans or photocopies of your documents are required while applying for a loan, you might want to carry original documents in case of verification. Approving the loan application is at the sole discretion of Clix; we might ask for further documents for a more thorough assessment of your loan.
What will be the tenure, down-payment, EMI, and interest rate for my loan?
At Clix, you can choose from customized repayment (EMI) and down payment options. But the interest rate depends on factors such as the specifics in your application such as age and income. We’ll tell you the final applicable interest rate once we go through your application form and supporting documents.
Do I need any collateral to avail the personal loan?
Not at all! We don’t need any additional collateral or guarantors for your loan.
How can I reach out to Clix for any other information on my loan?
t’s as easy as our loan applications!
Just call us on 0124-4545965 or 0124- 3817400 between 9:30am-6:30pm from Monday to Saturday (except public holidays, of course) or write to us at: firstname.lastname@example.org
Click here and Get the Personal Loan
Apply now for a simple, fast, and accessible personal loan from Clix!