Instant Personal Loan in Patna

Patna, the capital and largest city of Bihar, is booming each day with more employment and business opportunities. This has led to a growing demand for better education, improved healthcare facilities and an expanded range of leisure activities. Known for being a city with the most rapid growth and development, Patna is home to many working professionals and aspiring entrepreneurs. But living in this city also means getting to experience their rich heritage and culture. You can take part in a diverse range of activities like visiting museums, exploring wildlife, attending cultural events, indulging in the Bihari cuisine, and shopping in the Patna markets.

If you’re staying in a city that has such a remarkable pace of development, the need for cash can come out of nowhere. And while the people of the city are known for their warm hospitality, it’s important to keep a backup ready when it comes to finances.

Considering a loan provider in Patna? We have the perfect option for you. With Zype, you can get an instant loan anytime, anywhere, in a few taps. Just install the app from PlayStore/AppStore and apply for a loan of up to ₹5 lakhs with no documentation or paperwork. Meet an easy eligibility criterion and get approved for a loan in 60 seconds!

Features and Benefits of Taking a Personal Loan from Zype in Patna

There might be many finance companies in Patna available to meet your financial needs. But with Zype, you won’t only be able to apply for a loan from any corner of the world but also get the best terms for borrowing. And that’s not all! Here are some ways in which you can also get the best loan experience:

High Loan Amount:

Whether you’re caught up with last-minute expenses, want cash for venturing around the city or want to invest in your business, you can get a personal loan of up to ₹5 lakhs.

Affordable Interest Rate:

Taking a personal loan from Zype won’t leave a hole in your wallet as the interest rate starts at just 1.5% interest per month.

No Collateral:

All Zype personal loans are unsecured loans. This means you don’t have to provide any collateral to get instant access to money.

Instant Approval:

After you have completed your application in less than 5 minutes, you can get approved for a personal loan in 60 seconds!

Quick Disbursal:

Get the money you need directly into your registered bank account within 24 hours after you have accepted your loan offer.

Documents Required for a Personal Loan in Patna

When applying for a loan with any loan provider in Patna, you have to submit some important documents and information. But when it comes to taking a personal loan from Zype, you can complete your application without any document upload or paperwork. Keep the following information handy and complete your application in less than 5 minutes.

Mandatory documents

PAN and Aadhaar number to complete your application and your KYC. (Physical copy not required)

Real time selfie verification

A real-time selfie verification to activate your credit limit.

Proof of Income (Optional)

Bank statement for the previous 4 months only when you want to increase your loan offer.

Eligibility Criteria for Personal Loan in Patna

With an easy eligibility criterion, Zype has made instant credit accessible to millions of Indians. Here are the simple criteria you need to meet to get approved for a personal loan of up to ₹5 lakhs.

Age

Applicants must be at least 18 years old

Citizenship

Indian with a valid PAN & Aadhaar card

Work experience

Salaried individual

Monthly Salary

Monthly income of at least ₹15,000

Interest Rate on Personal Loan in Patna

When you take a personal loan from any finance company in Patna, you have to pay it back with the applied interest charges and processing fees. These applicable charges are different for different lenders. Your credit score, monthly income and repayment history are key contributors that determine these charges.

With Zype, you get 100% transparency about all the charges associated with taking a personal loan in Patna.

Minimalist Table

Fees & Charges	Amount Chargeable
Interest Rate	Starting at 1.5% (monthly)
Loan Processing Charges	Processing fees from 2% to 6% on every loan
Penalty on Overdue EMIs	Penal interest and late fees will be charged to your total outstanding loan on a daily basis

Step-by-Step Guide to Apply for an Instant Personal Loan in Patna

Complete your personal loan application in less than 5 minutes in these 6 simple steps:

1) Download the Zype app from PlayStore/AppStore or simply click on the “Apply Now” button on this page. Create your account by doing your mobile OTP.

2) Complete a quick application process by entering your basic information like name, PAN, employment details, etc.

3) If you meet Zype’s loan eligibility criteria, you can get approved for a loan in less than 60 seconds.

4) Complete a real-time selfie verification along with an Aadhaar-linked mobile OTP to activate your approved limit.

5) Choose the amount you want to transfer along with the repayment tenure that fits your budget.

6) You will receive the loan directly into your registered bank account within 24 hours.

Frequently Asked Questions

How Do I Qualify For The Personal Loan In Patna?

You can get a Personal Loan in Patna from Zype by fulfilling this simple eligibility criteria:

Age: 18 years or above

Citizenship: Indian with a valid PAN & Aadhaar card

Work experience: Salaried individual

Monthly salary: Monthly income of at least ₹15000

What Is The Maximum Loan Tenure For A Personal Loan In Patna?

The loan tenure for a personal loan in Patna can range from anything between 3 months to 5 years depending on the lender. With Zype, you can repay your loan in 3, 6, 9, or 12 EMIs.

How Much Can I Borrow And For How Long In Patna?

You can get a personal loan of up to ₹500000 from Zype and choose among repayment options of 3, 6, 9 or 12 EMIs, depending on your budget.

What Factors Can Influence My Personal Loan Approval In Patna?

Factors like your credit score, repayment history, monthly income, etc. play a crucial role in determining your personal loan approval in Patna.

What Is The Minimum And The Maximum Amount That Can Be Availed Of Through Zype Personal Loan Patna?

On Zype, you can get a personal loan ranging between ₹1000 to ₹500000.

What Can A Personal Loan In Patna Be Used For?

Since Zype personal loans are unsecured, there’s no restriction on the end use of this loan. Whether you need cash during an emergency, want to fund your educational course or even invest in your business, you can use this money anywhere you like.

When Can I Opt For A Zype Personal Loan In Patna?

You can opt for a Zype Personal Loan in Patna anytime you find yourself in a situation where you need cash.