ESAF Personal Loan: Get 15 Lakh Instant Cash Loan | Quick ApprovalToday you can get a loan in many ways, but if you don’t want to take a loan from a big bank, now small finance banks also offer loans at low interest rates. Here, the loan is available to you instantly. Today we will get information about how to take personal loan from esaf small finance bank. From which you can easily take a personal loan.
ESAF Small Finance Bank provides financial services to small businesses and individual customers. ESAF Small Finance Bank is an Indian bank owned by ESAF Microfinance and Investments Pvt. Ltd. is a subsidiary of In 2016, ESAF Bank received a banking license from RBI.
ESAF Small Finance Bank offers a variety of different personal loans to suit your every financial need. You can use this loan for business, medical expenses, education, marriage, home construction, travel etc.
Through ESAF Small Finance Bank you can get loans from ₹ 10,000 to ₹ 15 lakh according to your credit score, that too at very low interest rates and through a quick process.
Benefits of ESAF Personal Loan
- Loan amount: Can range from ₹50,000 to ₹15,00,000.
- Interest rate: Starting from 10.49%.
- Instalment tenure: 1 year to 5 years.
- Processing fee: 2% of loan amount + GST.
- Prepayment charges: 2% of the balance amount + GST.
- Eligibility criteria: Minimum 21 years, maximum 58 years, proof of stable income.
- Documents required: Identity proof, address proof, income proof (salary slip, bank statement).
- Special benefits: Fast approval, flexible repayment options, no hidden charges, 24×7 customer service.
- Bank Reliability: Safe and reliable ESAF Bank.
ESAF Personal Loan Eligibility
Eligibility Criteria for ESAF Small Finance Bank Personal Loan:
- Age: Minimum 21 years, Maximum 58 years
- Credit Score: 700 or above
- Minimum Monthly Income: ₹15,000 (Salaried), ₹25,000 (Self-employed)
- Employment Type: Salaried or Self-employed
- Work Experience: Salaried – Minimum 1 year with current employer, Self-employed – Minimum 3 years in business
- Address Proof: Aadhaar Card, Electricity Bill, Rent Agreement
- Income Proof: Salary Slip, Bank Statement, ITR Filing
ESAF Personal Loan Documents
- Identity Proof: Aadhaar Card, PAN Card, Passport, Driving License
- Address Proof: Aadhaar Card, Electricity Bill, Water Bill, Rent Agreement
- Income Proof: Salary Slip (Last 3 months), Bank Statement (Last 6 months), Income Tax Return (ITR)
Special Terms:
- Preference to permanent employed persons
- Benefit of better interest rates to those with higher credit score
- Assessment of business stability for self-employed persons
ESAF Loan Interest Rate and Fees
- Interest Rate: 10.49% – 26% per annum
- Processing Fee: 2% of loan amount + GST
- Prepayment Charges: 2% of the balance amount + GST
- Late Payment Charges: 2% of the EMI due per month
- Foreclosure Charges: After first 12 months of loan tenure – 2% of the balance amount + GST
- Loan Tenure: 1 year to 5 years
- Stamp Duty and Other Charges: As per actual expenses
ESAF Personal Loan Apply Online
- Visit the website: Visit the official website of ESAF Small Finance Bank. Go to the personal loan section and get the details.
- Fill the application form: In the online application form, you have to enter your personal, employment and income information. It should contain your full name, address, contact information etc.
- Upload documents: Scan and upload the required documents like identity proof, address proof, income proof etc. online.
- Submit the application: After uploading all the required information and documents, submit the application. When the application is submitted, you will receive a reference number or request number. You can use this reference number to know the status of your application and check the message.
ESAF Personal Loan Apply Offline
- Visit Nearest Branch: Visit your nearest ESAF Bank branch. Visit the bank’s official website or call to know the branch timings and location.
- Consult Loan Officer: Meet the loan officer at the branch. They will understand your loan requirements and provide assistance.
- Fill Application Form: Fill the loan application form available at the branch. Enter the required personal and income details like name, address, employment details, income source etc.
- Submit Documents: Submit the required documents like identity proof, address proof, income proof etc. at the branch.
- Verification Process: The bank will start the verification process of your ground documents. This may include checking your eligibility and reviewing the requirements.
ESAF Personal Loan Contact Number
Here is the customer care information for personal loan from ESAF Small Finance Bank:
- Website: ESAF Bank official website (esafbank.com)
- Contact Numbers:
- Toll-Free: 1800-103-3723
- Customer Care: 044-3077-3700
- Email: customercare@esafbank.com
- Address: ESAF Small Finance Bank, Building No. VII/83, Thrissur, Kerala, India
