A personal loan is an unsecured loan that can be required for many different reasons such as for medical treatment, wedding purposes, travel, home renovation, or for any other urgent financial requirement.
A personal Loan from lonar helps you meet your diverse financial needs during an emergency. Our instant personal loan is available for multiple purposes for both, salaried and self-employed individuals. Avail of your personal loan now.
You can also transfer your existing Personal Loan and enjoy amazing benefits, including affordable rates and the amount that you are comfortable repaying each month for the chosen tenure. Now Fulfil your every dream with Lonar.
Focus on the biggest day of your life while being adequately prepared for it financially with lonar Personal Loan.
Lonar provides complete financial support to your beloved ones during their higher education.
Take your much needed holiday break with your beloved ones and see new places, meet new people with our holiday loans.
Manage immediate funding during medical emergencies for unforeseen medical expenses.
Here is a list for your quick reference.
To avail a personal loan, you must meet the following eligibility criteria –
A Personal Loan is an unsecured loan that helps you in times of financial need. Since it requires no collateral, you can get a personal loan online at attractive interest rates and flexible tenure options.
You can apply for a Personal Loan online, anywhere and anytime without having to travel to any of our branch. It saves a lot of time. You can instantly get to know the loan amount that can be availed based on your eligibility and documentation.
The documents required are KYC Documents + Income Documentation.
EMI is short form “Equated Monthly Instalment” or the amount that is payable per month if you take a personal loan of a certain amount for a certain period. The calculation of EMI depends on 3 main factors:
- Personal Loan Amount – The Rupee value of the loan that you take
- Personal Loan Interest Rate – The interest rate that the bank will charge for the Personal Loan
- Tenure of Personal Loan – The period for which you take the Personal Loan
There is no need for security or collateral required for a personal loan.
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