What is a Personal Loan?

A personal loan is an unsecured loan that a person borrows from banks or NBFCs (Non-banking financial companies) to fulfill immediate and personal needs. An unsecured loan does not need any collateral. It is also called a signature loan and can be applied by just using a person’s financial details and creditworthiness.

PS Mudra helps you to get an urgent personal loan in India in a minimal time, reducing the path between you and your dreams. We are assisting the needful in getting a personal loan online and offline with the lowest interest rate as per your requirement.

Personal Loan Eligibility Criteria

It’s important to understand personal loan eligibility and know what matters the most to the lenders. Below mentioned are the personal loan eligibility and documentation that must be fulfilled before applying for a personal loan online.

1. CIBIL Score: Check the credit history of your finance, you must have a credit score of more than 700 to qualify for a personal loan at a low-interest rate.

2. Age: 21 years – 68 years

3. Employment Status: Borrower must be employed for at least 2-5 years or you must have been a running business for 2-5 years.

4. Monthly Income: Rs.20,000

5. Tenure: The time period of the loan is between 5-7 years.

How to apply for Personal Loan

1. PS Mudra provides multiple options for an eligible person to apply for a Personal Loan. Online loan apply personal loan or apply immediate personal loan offline through their Phygital process. Give us a call on our number.

2. Our agent will give you a call to guide you through the process of a Personal Loan.

3. Get your documentation complete within hours. Apply personal loan online for instant approval over your mail.

4. The loan shall be disbursed to your account.

5. You can track the status of your Personal Loan through the PS Mudra portal.

We're on a mission.

Welcome to PS Mudra, your trusted destination for hassle-free and accessible loan solutions. We understand that financial needs can arise unexpectedly, and finding the right loan option can be overwhelming. That’s why we are committed to providing a user-friendly platform and personalized services to help individuals and businesses find the perfect loan to meet their needs.