Can a student get a Personal Loan?

Disclaimer - This story is for information purpose and not any financial advise, please check concerned bank site for more details.

As a student you can avail loan but you need to have an income.

Benefit of a Personal Loan

1. Flexible Loan Amount 2. You can quickly check eligibility 3. Collateral Free


1. Generally you should have a salary of Rs 13,500 2. CIBIL Score of 600 or more 3. Age - 21 years and above

Documents Required

1. ID Proof - Aadhar, Passport etc 2. Address Proof - Aadhar, Passport  3. Income Proof

Interest Rates

Generally starts from 1.33% per month

Loan Processing Charges

2% to 8% of loan amount, it may vary bank to bank.

Overdue Charges

2% per month on the overdue EMI, may vary bank to bank.