Unsecured · No Collateral
A personal loan for whatever life is asking of you right now.
Weddings, medical bills, travel, home renovation, or simply breathing room — borrow ₹50,000 to ₹40,00,000 with no collateral and no restriction on end-use.
Loan Terms
The entry, plainly written.
| Loan amount | ₹50,000 – ₹40,00,000 |
|---|---|
| Interest rate | 10.5% – 24% p.a. |
| Tenure | 12 – 60 months |
| Processing fee | 0.5% – 2.5% of loan amount |
| Collateral | None required |
| Disbursal time | 24 – 72 hours post-approval |
Eligibility
Who typically qualifies.
- Salaried or self-employed, age 21–58 years
- Minimum net monthly income of ₹20,000 (varies by city and lender)
- Indian resident with a valid PAN and Aadhaar
- Credit score of 700+ preferred for the best rates
- At least 1 year in current job or 2 years in current business
Documentation
What you'll need to attach.
Most applicants upload these digitally — no branch visit required for the vast majority of approvals.
Identity
PAN & Aadhaar
Government-issued photo ID and address proof, used for e-KYC verification.
Income
Salary slips or ITR
Last 3 months' salary slips (salaried) or 2 years' ITR and bank statements (self-employed).
Banking
6-month bank statement
Used to assess repayment capacity — pulled digitally where your bank supports it.
Questions
Before you apply.
Once your documents are verified and the offer is accepted, most lenders disburse within 24–72 hours. Straightforward, well-documented profiles are often fastest.
No. Comparing offers through Bank Tree uses a soft eligibility check, which doesn't impact your credit score. A hard inquiry only happens once you formally accept an offer.
Yes, most partner lenders allow part-prepayment or full foreclosure after a minimum lock-in (commonly 6–12 months), sometimes with a small foreclosure charge.
You can still apply — some NBFC and fintech partners cater specifically to thinner credit files, typically at a higher interest rate to offset risk.
Ready to see your rate?
Takes under 3 minutes. No paperwork upfront, no impact on your credit score.