INDIA SALES FINANCE WALAH - Loan Services Detailed
INDIA SALES FINANCE WALAH - Loan Services Detailed

Loan Offerings with Details

Personal Loan

Unsecured loans for weddings, medical emergencies, travel, gadgets, home renovation with easy documentation and quick approval.

Required Documents:
  • Identity Proof: Passport, Aadhaar Card, Voter ID, Driving License
  • Address Proof: Utility bills, Passport, Aadhaar Card
  • Income Proof: Last 3 salary slips, Bank statements last 3 months, Form 16
  • Photographs: Recent passport-sized photos
ROI (Interest Rate): 10% - 24% per annum
CIBIL Score: Minimum 650 recommended for approval

Business Loan

Loans for working capital, expansion, and inventory funding with minimal documentation backed by banks and NBFCs.

Required Documents:
  • KYC Documents of Owners/Directors
  • Business Registration Documents (GST, Shops Act, etc.)
  • Financial Statements of last 2 years
  • Bank Statements for last 6 months
  • Income Tax Returns for last 2 years
ROI (Interest Rate): 12% - 20% per annum
CIBIL Score: Minimum 700 recommended

Property Loan

Loans for purchase, construction, or renovation of property with competitive interest rates and long repayment tenure.

Required Documents:
  • Identity and Address Proof
  • Property Papers (Title Deed, Agreement, etc.)
  • Income Proof: Salary slips, ITR, Bank Statements
  • KYC and Employment Proof
ROI (Interest Rate): 7% - 12% per annum
CIBIL Score: Minimum 750 recommended

Car Loan

Loans for new or used cars with attractive interest rates, flexible EMI options, and quick processing.

Required Documents:
  • Identity Proof
  • Address Proof
  • Income Proof (Salary slips, Bank Statement, ITR)
  • Car Invoice/Quotation
ROI (Interest Rate): 8% - 15% per annum
CIBIL Score: Minimum 700 recommended

Instant Loan (NBFC)

Fast and easy instant loans offered primarily through leading NBFCs with quick approval and minimal documentation.

Popular NBFCs:
  • Bajaj Finserv
  • Mahindra Finance
  • Aditya Birla Finance
  • Fullerton India
  • Muthoot Finance
ROI (Interest Rate): Typically 10% - 24% per annum
CIBIL Score: Minimum 650 recommended

MUDRA Loan

Government-backed loans for small and micro enterprises to promote entrepreneurship.

Required Documents:
  • KYC Documents
  • Business Plan/Project Report
  • Bank statements (if applicable)
  • Proof of ownership or rent agreement
ROI (Interest Rate): Around 8% to 12% per annum
CIBIL Score: Preference to good credit history

MSME Loan

Loans designed for Micro, Small and Medium Enterprises to support business growth and working capital.

Required Documents:
  • Business Registration Certificates
  • KYC of promoters
  • Financials and bank statements
  • Project report (if applicable)
ROI (Interest Rate): 9% to 16% per annum
CIBIL Score: Minimum 700 recommended

PMEGP Loan

Prime Minister Employment Generation Programme loan aimed at promoting new employment opportunities by setting up micro enterprises.

Required Documents:
  • Identity and Address Proof
  • Project report for proposed enterprise
  • Loan application form
  • Bank account details
ROI (Interest Rate): Subsidized rate, approx. 8-12%
CIBIL Score: As per lending norms

Top Banks

  • State Bank of India (SBI)
  • HDFC Bank
  • ICICI Bank
  • Punjab National Bank (PNB)
  • Axis Bank

Frequently Asked Questions (FAQ)

Identity proof, address proof, income proof (salary slips or ITR), and bank statements for the last 3 months.

ROI (Return on Investment) or interest rates vary based on lender’s policies, credit score, loan amount and tenure.

Generally, a CIBIL score of 700 or above is considered good for loan approval.

Processing time can range from a few minutes to a few days depending on loan type, documents submitted and lender process.