Instant Personal Loan in Chennai Loans up to ₹5,00,000 Get multiple loans Same-day loan disbursal Apply Now Home Personal Loan Personal Loan in Chennai The cultural capital of South India, Chennai is an ancient city with great historical and cultural significance. This manufacturing hub is well-known for its infrastructure, continuous development, and affordable accommodation. With so much scope for growth in the city, you might find yourself in a situation where you’re short of cash. For example – You might need money to buy a laptop, enrol in a course to upskill or buy a two-wheeler to commute to work. The easiest and fastest way to solve this problem is to get instant personal loan. You can easily get an personal loan up to ₹5,00,000 in Chennai by downloading the Zype app. The loan application process takes less than 8 minutes and your credit line offer will be generated within 60 seconds. You don’t have to pledge any collateral or submit any physical paperwork since the loan process is online and app-based. Also, you get the loan amount in your bank account on the same day of the loan application. Apply Now Benefits of Taking a Personal Loan in Chennai from Zype Loan Without Collateral You don’t have to pledge anything to get instant loan from Zype. Instant Approval And Disbursal Your personal loan offer will be generated in less than 60 seconds and you can get same-day disbursal of your loan. Convenient EMIs Zype gives the option to repay in 3, 6, 9 and 12 EMIs. You can choose the one that aligns with your budget. Competitive Interest Rates If you want a personal loan in Chennai with low interest, download the Zype app right away. The interest rate at Zype starts at 1.5% per month. Apply Now Personal Loan EMI Calculator Loan Amount (in rupee) 10,000 5,00,000 Interest Rate (in %) 1 34 Loan Term (in months) 1 72 Total Interest Payable Total Payment (Principle + Interest) Your EMI is Apply Now Eligibility Criteria for Instant Personal Loan in Chennai Every lender uses a set of criteria to evaluate a borrower’s loan eligibility. It usually involves individuals’s age, salary, employer details, credit score, citizenship, work experience and documents. If you need an urgent cash loan in Chennai, we have a very basic personal loan eligibility criteria for salaried individuals. Read the same below to see if you meet them – Age 18 years or above Citizen of India Valid PAN & Aadhaar card Work Experience Salaried individual Monthly Salary Monthly income of at least ₹15,000 Documents Required for an Personal Loan in Chennai There are many reasons why lenders ask for required documents like identity verification, fraud prevention and risk assessment. One of the best things about taking loans from Zype is that you don’t have to upload documents or submit any physical paperwork. The entire process is app-based and online. You only need these to complete your loan application – Photo Identity Proof You will need to take an online selfie during the application process to verify your identity. Mandatory Documents We only ask for PAN and Aadhaar number. Income Proof (Optional) You can get an urgent cash loan in Chennai from Zype without income proof. Zype only asks for your bank statement of the last four months if you want to upgrade your credit line. Personal Loan Interest Rates in Chennai Interest rates are determined by factors like an individual’s credit score and repayment history. One can avail a personal loan in Chennai with low interest on the Zype app. You can enter your basic details like your mobile number and PAN to know your personalised interest rate offer. Personal loan Interest rate and other information of the Zype loan app – Minimalist Table Loan Amount ₹1,000 to ₹5,00,000 Interest Rate Starting at as low as 1.5%(monthly) Loan Processing Charges Processing fees from 2% to 6% on every loan Interest on Overdue EMIs Penal interest & late fees will be charged to your total outstanding loan on daily basis Loan Tenure 3-12 months Steps to get a personal loan in Chennai from Zype You need to complete these simple and quick steps to get a loan from Zype – 1) Download the Zype app and enter your name, mobile number, PAN and employment details. 2) As soon as you do this, Zype will show you your credit limit offer in less than a minute. 3) Now you will need to take an online selfie and enter your Aadhaar number to complete the KYC process. 4) This will unlock your credit line. Now you can select the loan amount and repayment tenure to transfer the money to your bank account. 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