• Phone:

    +91 7860010011

  • Email:

    contact@relookcapital.com

  • Office Address: B-2 , 2/91, Vibhuti Khand.
    Gomti Nagar.Lucknow-226010. UP

  • Registered Address : 204, Prem Vihar . Sector 62. Noida. Pin -201309. UP

Personal Loan

A Personal Loan is a type of unsecured loan designed to help individuals meet their personal financial needs without requiring any collateral or security. It is one of the most flexible borrowing options, making it suitable for a wide range of purposes — from funding weddings, travel, or education expenses to managing medical emergencies or consolidating debt.

One of the key advantages of a personal loan is the quick processing and hassle-free approval, often based on the applicant’s income, credit score, and repayment capacity. Since no collateral is required, it provides instant access to funds with minimal documentation.

Personal loans also come with flexible repayment tenures, usually ranging from 1 to 5 years, allowing borrowers to choose an EMI plan that best suits their budget. The loan amount can be utilized for any personal requirement, making it a convenient and versatile solution to achieve financial goals or handle unexpected expenses with ease.

0.25% to 2% of Loan Amount

Loan Processing Fees

Nill

Loan Cancellation

As per actual

Legal Fees

Nill to 4% (According to bank /NBFC)

Foreclosure

Features and Benefits of Our Personal Loan

  1. Unsecured Loan:
    1. Relook Personal Loans are completely unsecured, meaning you don’t need to pledge any collateral or security to access funds, making it simple and stress-free.
  2. Quick Approval & Disbursal:
    1. Enjoy hassle-free application, minimal documentation, and fast loan approval. Funds are credited quickly, so you can meet urgent needs without delay.
  3. Flexible Tenure:
    1. Choose from repayment tenures ranging from 1 to 5 years, giving you the flexibility to plan EMIs according to your income and budget.
  4. Multi-purpose Usage:
    1. Whether it’s debt consolidation, home renovation, medical emergencies, education, travel, or any other personal need — Relook Personal Loan can be used without restrictions.
  5. Competitive Interest Rates:
    1. We offer attractive interest rates based on your profile, income, and credit history, ensuring affordability and savings over time.
  6. Builds Credit Score:
    1. Timely repayment of your Relook Personal Loan helps strengthen your credit score, opening doors to better financial opportunities in the future.

Eligibility Criteria for Personal Loan

At Relook Leasing & Finance Pvt. Ltd., we provide easy and flexible Personal Loan solutions to meet your financial needs. To qualify, please review the eligibility requirements below:

Age:

The applicant must be between 21 to 60 years at the time of loan application.

Income:

For salaried applicants, the minimum net monthly income should be ₹15,000. For self-employed individuals, yearly transactions must be at least ₹20 lakhs.

Credit Score:

A credit score of 650 or above is required. A higher score improves the chances of approval and better loan terms.

Debt-to-Income Ratio:

Your monthly debt obligations should be manageable in proportion to your income, ensuring repayment capacity.

Employment Stability:

Salaried individuals must have a stable job history, while self-employed applicants should demonstrate consistent business income for a minimum period (generally 1–2 years).

Credit & Repayment History:

Applicants with a good repayment track record and no defaults on previous loans/credit cards are more likely to qualify.

Nationality:

The applicant must be a Resident Citizen of India with valid identity and address proof.

Check Eligibility Now

Documents Required for Personal Loan

To process your Personal Loan application at Relook Leasing & Finance Pvt. Ltd., please ensure the following documents are submitted:

  • Proof of Identity
    • Aadhaar Card / PAN Card / Passport / Voter ID / Driving License
  • Proof of Residence / Address
    • Passport / Voter ID / Driving License / PAN Card / Aadhaar Card
    • Utility Bills (Electricity / Telephone) or Ration Card
  • Age Proof
    • Passport / Voter ID / Driving License / PAN Card / Aadhaar Card
  • Income Proof
    • Last 1 year’s Bank Statements
    • Latest 3 months’ Salary Slips (for salaried applicants)
  • Employment Proof
    • Employment Certificate
    • Office Address Proof
  • For Self-Employed Applicants
    • GST or VAT Registration
    • Business Registration Documents (Partnership Deed / MOA / AOA etc.)
  • Photographs
    • Recent Passport-size Photographs
  • Income Tax Returns
    • ITR Documents of the past 2–3 years (for salaried and self-employed)

Frequently Asked Questions

Most lenders consider a credit score of 650 or above to qualify for a personal loan. For lower interest rates and better terms, some lenders may require a score of 700 or higher.

In India, most lenders require a minimum salary of ₹15,000 per month to qualify for a personal loan.

Yes, pensioners with a pension account at a leading bank may be eligible. Some lenders impose age restrictions or require proof of pension income.

Yes, but eligibility depends on income and credit score. If a student has no income, a co-signer may be required.

Yes, but lenders will assess your repayment capacity considering your existing home loan and other obligations.

Yes, you can apply using other documents like bank statements, ITR, Form 16, or an employer certificate. However, loan terms may vary.

Yes, personal loans are often used for wedding expenses. Ensure you can manage repayments to avoid credit score impact.

EMI Calculator

Monthly EMI:
₹0
Principal Amount:
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Interest Payable:
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Total Payable:
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