Loan against Salary is a special personal loan, which is an option for salaried people to meet their self and family exigencies, such as, medical emergency, higher educational expenses of children, house renovation, tour or wedding expenses etc.
Peerless Finance introduces Loan against Salary (Unsecured Personal Loans). Now… neither you have to hop across banks for getting money nor beseech for advance against salary. You can get money at your doorstep when you stand a need.
So what are you waiting for? Take advantage of your salary today
Interest rate starting from 11.50 % p.a.
Unsecured Personal Loans upto Rs.7 Lakhs
Choice of repayment up to 60 months
No Pre-Payment Penalty if Prepaid anytime
Top up facility available on review post 6 months
Exposure upto 15 times of net pay
Minimum 24 years - Maximum 55 years.
Net pay minimum Rs.20,000, if employer agrees for check off facility and Rs. 35,000, without check-off facility.
Minimum 3 years at current organisation.
A ‘Resident Indian’ of minimum 1 Year at current residence including rental arrangements, if any.
Rate of Interest starts at 11.5% p.a.
You can apply either through our website or can directly contact us at 033 4062 2525 for personalised assistance .
Cases of self and family exigencies, financial needs like meeting educational expenses of your children, house renovation, planning a travel or wedding expenses etc.
In case of exigencies or other financial needs like higher education of your children, reconstruction of house, planning a travel or wedding expense etc.
Collateral is only needed above Rs. 15 lacs.
You can apply from minimum Rs. 100000 upto Rs. 15 lacs (Unsecured Loan).
Flexible Tenure for period up to 60 months.
Yes, you can apply with a low CIBIL Score but the sanction of the same will depend on the ability of repayment. However, you have an option to take a joint loan with your immediate family member, or keep a guarantor.
Generally it takes around 2 to 3 working days for the process. However in emergency cases, if you have all your documents ready it can possibly be processed in a day also.
Yes, you can apply for the top up facility after six months of your existing loan.
You can repay the loan in monthly or quarterly basis.
No. there is no prepayment penalty charges.
Flexible and Customisable
Zero Pre-closure Charges
Collateral Free Loans
(Unsecured Personal Loans)
Experience hassle free check off/NACH facility