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Personal Loan







Welcome to Mpower CredCure
Personal Loan Application!


At Mpower CredCure, we provide a conprehensive range of financial solutions, including Personal Loans, Home Loans, Business Loans, and Loan Against Property, all tailored to meet your specific financial requirements.

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Various Types of Personal Loans:




Personal Loan Features:
  1. Unsecured Loan: Personal loans do not require collateral which basically means that they are unsecured type of loans.
  2. Instant Approval: Our personal loan applications are processed quickly, and approved applicants can receive their funds in as little as 24 hours.
  3. Flexible Repayment Terms: Our personal loans come with flexible repayment terms, allowing customers to choose a repayment period that suits their budget.
  4. Lower Interest Rates: Our personal loans come with lowest interest rates, making them an affordable option for those in need of funds.
  5. No Prepayment Penalty: Our customers are allowed to pay off their loans early without any fear of incurring any additional fees as we do not charge any prepayment penalties.

Eligibility Criteria:
  1. Age: Applicant should be 18 years old.
  2. Residency: Applicant has to be a resident of India.
  3. Income: Applicants should have a regular income source.
  4. Credit Score: Applicants should have a decent credit score.
Documents Required:
  1. ID Proof: Copy of a government-issued ID such as a passport, PAN card, or Aadhaar card.
  2. Address Proof: Copy of a recent utility bill or bank statement as proof of address.
  3. Income Proof: Copy of recent salary slips or a bank statement showing salary credit.
  4. Bank Statement: Copy of the applicant's latest bank statement.

FAQ:
A personal loan is an unsecured loan that can be used for a variety of purposes, including unexpected expenses or making a major purchase.
The amount you can borrow with a personal loan will depend on your income and credit score
Our personal loan application process is designed to be fast and efficient, and approved applicants can receive their funds in as little as 24 hours.
No, our personal loans come with no hidden fees or charges.
Yes, our personal loans do not have any prepayment penalties, allowing customers to pay off their loans early without incurring any additional fees.


KEY ADVANTAGES OF PERSONAL LOAN OFFERED BY MPOWER CREDCURE



No Collateral
Loan approval is based upon the repayment history, credit score, credit report, other criteria’s thus there is no mortgage or collateral involved in the approval process.
Felxible Tenure
Repayment of the loan is flexible ranging from a period of 12 months and 72 months.
Minimal Documentation
The only documents required for a personal loan are - Proof of Residence or address, Identity proof, Income proof.

Instant Disbursal
Once approved, the personal loan is instantly disbursed within a few hours. Incase of a pre-approved loan, the loan will be disbursed within minutes.
Flexible Loan Amount
The loan value is determined by factors such as repayment history, monthly income, age, employer reputation etc.


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