Personal Loan

Features & benefits

Why choose our personal loan?

A personal loan from Assetra Associates puts cash in your account for whatever life throws at you — a dream wedding, an overseas trip, a medical bill that can't wait, or simply rolling costlier debts into one easy EMI. There's nothing to pledge and no explanation needed for how you spend it; we just match you with the lender offering the fastest sanction and the lowest rate for your profile.

Borrow up to ₹50 Lakhs, no collateral required
Pricing starts at 10.5% p.a. for strong credit profiles
Repay over 1 to 5 years — your call on the pace
Use it for anything: wedding, travel, medical, debt consolidation
Sanction decisions inside 24 hours of document upload
Fully unsecured — your assets stay yours

Apply for Personal Loan → Check Eligibility →

₹0 Lakhs

Maximum loan amount

0% p.a.

Starting interest rate

0 hrs

Quick approval

Key benefits

Personal loan advantages

Same-Day Decisions

Most applications get a sanction call within 24 hours — no week-long waiting games.

Paperwork You Already Have

Just ID, address and income proof — most borrowers upload everything from their phone in one sitting.

Rates That Reward Good Credit

Pricing starts at 10.5% p.a., with the sharpest rates reserved for strong scores and stable income.

Tenure That Fits Your Budget

Spread repayment from 12 to 60 months — shorter to save on interest, longer to ease the EMI.

Flexible by design

What you can use it for

One loan, every life plan — there's no restriction on how you spend it, and no questions asked.

Assetra mascot flying between cloud islands holding a ring, heart, house, paper plane, gift, and growing savings — every life goal a personal loan can fund

Wedding Expenses

Venue, catering, jewellery, outfits — fund the celebration without draining your savings.

Travel & Vacations

Book the trip now, pay it off in easy EMIs instead of waiting years to save up.

Home Renovation

Repaint, remodel or furnish — small-ticket home upgrades that don't need a home loan.

Medical Emergencies

Fast sanctions mean funds can land in your account in time for urgent treatment.

Debt Consolidation

Roll multiple high-interest credit card or loan dues into one lower, simpler EMI.

Any Other Life Need

Gadgets, courses, a big purchase — it's your money to use however suits your plan.

Requirements

Eligibility criteria

Who Can Apply

Salaried employees, self-employed professionals and business owners are all eligible — no single employment type is preferred.

Age Window

Between 21 and 60 years old at the time the loan matures.

Minimum Income

₹15,000/month for salaried applicants, ₹25,000/month for self-employed — verified via bank statements and tax filings.

Work History

At least 2 years of overall experience, including a minimum of 6 months with your current employer or business.

Documentation

Required documents

Identity Proof (any one)

Aadhaar Card
PAN Card
Passport / Voter ID / Driving License

Address Proof (any one)

Aadhaar Card / Passport
Utility bill (not older than 3 months)
Rent agreement / bank statement with address

Income Proof

Salaried: last 3 months' salary slips, Form 16/ITR (2 yrs), 6-month salary bank statement
Self-employed: ITR (2 yrs), business/GST registration, 6-month bank statement

Photographs

2-4 recent passport-sized photographs

Loan details

Interest rates & charges

Interest Rates

Our competitive interest rates help you get the best deal.

From 10.5% p.a.

Rate based on credit score
Fixed for entire loan tenure

Processing Fee

Transparent and reasonable processing charges.

Up to 2%

Minimum ₹1,000
Maximum ₹15,000

Other Charges

Additional charges that may apply to your loan.

2–3% p.m.

Prepayment charges: up to 2%
Late payment fee: 2-3% p.m.
Cancellation fee: ₹500–1,000

Plan your finances

Personal loan EMI calculator

Estimate your monthly EMI based on loan amount, interest rate, and tenure.

Apply Now →

Questions & answers

Frequently asked questions

Anything — that's the point of an unsecured loan. There's no end-use restriction like there is with a home or mortgage loan, so it's equally suited to a wedding, a trip, medical bills, or paying off a costlier credit card balance.

Sanction decisions typically come within 24–48 hours of submitting complete documents. Once a bank approves you, the amount is usually credited within 1–3 business days, depending on the lender and how quickly your verification clears.

Up to ₹50 lakhs through Assetra Associates, though your actual eligible amount depends on income, credit score, existing obligations and repayment capacity — we confirm the real number after reviewing your profile.

Most banks allow prepayment but charge a fee, usually 2–5% of the outstanding balance, and some require a handful of EMIs to be paid first. We'll flag the exact prepayment terms for your specific lender before you sign.

Not necessarily. A score above 750 gets you the best rates with almost any lender; 650–750 still gets approvals, just at a slightly higher rate. Below 650 is harder, but we work with NBFC partners who weigh income stability and banking behaviour alongside the score.

Yes. The process is the same, just with a different document set — business proof, 2 years of ITRs, and bank statements showing business transactions in place of salary slips.