Skip to main content

Personal loans can be used to fund emergencies or any personal expenditure. You can use the loan amount for weddings, significant investments, life-changing events, medical reasons, education etc. 

Do not worry if you are a salaried professional and do not know how to apply for personal loans online. Here’s a quick guide.

Where Can Salaried Professionals Get Personal loans?

Clix Capital is an online loan provider that offers loans for personal and business reasons. They provide easy personal loans with minimum documentation and flexible repayment terms. 

They approve the loans in a short time. Remarkably, when you apply for personal loans online on Clix Capital, you get disbursal in your account minutes after approval. 

Eligibility Criteria for Applying for Personal Loans 

Before applying for personal loans at Clix Capital, you must know the eligibility requirements you should meet to apply. Listed below are the eligibility criteria to apply for personal loans online:

Age

While applying for a personal loan, you must be at least 21 years old but younger than 58.

Outstanding Payments

Another primary criterion for becoming eligible to apply for a personal loan at Clix Capital is existing loans. You must pay off all your debts and loans before applying for a personal loan because it may affect your interest rates. 

Credit Score

A credit score indicates your loan history and whether you have paid off the loans on time. You can apply for loans up to 10 lakhs depending upon your credit score. 

An Experian credit score of 630 and above is required to qualify for a personal loan.

Monthly Income

Another significant criterion for applying for personal loans online is your monthly income. You must have a minimum monthly salary of Rs 20,000 to apply for personal loans.

You must abide by these criteria to apply for personal loans online. This will help you get instant approval and quick disbursal. 

Documents Necessary to Apply for personal loans 

You must complete a loan application to apply for personal loans online at the Clix Capital website. The application form must be filled out correctly, so there are no discrepancies. Since the process is digital, it is generally seamless, and the waiting time is less too.

Listed below are the personal loan documents required to apply for a loan:

  1. Passport Size Photograph: You must upload a recent passport-size photograph. Make sure it’s clear and taken in a well-lit studio.
  2. Identity Proof: Identity proof is an important document you must upload. Any government-issued identity proof will work.
  3. Address Proof: You must provide an address proof while submitting documents. Any government-issued address proof will work. 
  4. Salary History and Proof: Salary proof is another important document you must upload while applying for personal loans online. You must upload a payslip from the previous month or the current year’s Form 16.

Application Process 

Listed below is the detailed process of how to apply for personal loans online:

  1. Fill out the application form: The first step is filling up the application form. Visit the Clix Capital website, select the personal loans option, and fill out the application form.
  2. Upload the required documents: The next step is uploading the necessary documents. The documents mentioned above must be ready when you apply for a personal loan. 
  3. Wait for their Response: After filling up the application form and uploading the documents, you will get the approval. 
  4. Decide on the Repayment options: After securing the loan, you must determine the repayment options, like the specific time you must repay the loan and the installments. 

Clix Capital is one of the best places to apply for a personal loan for salaried people. You will not need collateral, and the repayment terms are flexible enough to allow you enough time to pay back the loan with interest. 

So, if you are looking for a personal loan, Clix Capital is the right option. Head to their website to apply now!

About the Author
Amaira Sharma is finance expert and former business growth strategist who has more than 8+ years experience in the industry, now she helps others to get better financial stability and standards. She loves to write useful tips on personal finance and businesses.

monicaj

I am a professional writer and blogger. I’m researching and writing about innovation, Blockchain, technology, business, and the latest Blockchain marketing trends. Keyword Rank Tracking Software >> Hunter.io Alternatives

Leave a Reply