Funds for your dreams. Whether it's a wedding, medical emergency, or dream vacation. **Approval in 24 Hours**.
A Personal Loan is an unsecured loan provided by banks and NBFCs based on your income level, employment history, and credit score (CIBIL). Unlike home or car loans, there is no restriction on how you use the money.
Whether you are a Salaried Employee or Self-Employed Professional, PraFintech helps you compare offers from 20+ banks to get the lowest interest rate.
| Criteria | Salaried | Self-Employed |
|---|---|---|
| Age | 21 - 58 Years | 25 - 65 Years |
| Minimum Income | ₹15,000 / month | ₹3 Lakhs / year (ITR) |
| Work Experience | Min 1 Year (6 months in current co.) | Min 3 Years Business Vintage |
| CIBIL Score | 700+ | 700+ |