Piramal Finance Personal Loan

Loanmani- Piramal Finance

It's a subsidiary of Piramal Enterprises Limited, and it offers various financial solutions including corporate and real estate financing. Please note that specific details about Piramal Finance's services, offerings, and current information might have changed since then.

13.00 %

Advertised Rate

60 Months

Available Terms


Credit Score

1 L - 12 L

Loan Amount

Piramal Finance Eligibility Criteria

Credit Score: A higher credit score generally increases your chances of being eligible for a personal loan. Lenders use your credit score to assess your creditworthiness and ability to repay the loan.

Income and Employment: Lenders typically require borrowers to have a stable source of income to ensure repayment of the loan. They may have a minimum income requirement.

Age: Most lenders have a minimum and maximum age requirement for personal loan applicants.

Residential Status: Some lenders might require you to be a resident of a specific country or area where they operate.

Debt-to-Income Ratio: Lenders assess your debt-to-income ratio to determine how much of your monthly income goes towards paying off existing debts. A lower ratio is often preferred.

Employment History: A stable employment history can positively influence your eligibility. Lenders may require a minimum period of employment with the current employer.

Documentation: You'll likely need to provide documents such as proof of identity, address, income, and employment.

Collateral: Depending on the type of loan, some lenders may require collateral as security for the loan.

Loan Amount and Tenure: The loan amount you're applying for and the repayment tenure can also influence your eligibility.

Piramal Finance Required Documents

Proof of Identity:

  • Passport
  • Driver's license
  • Aadhar card (in India)
  • Other government-issued photo ID

Proof of Address:

  • Utility bills (electricity, water, etc.)
  • Rental agreement or lease agreement
  • Voter ID
  • Bank statements

Proof of Income:

  • Salary slips or pay stubs
  • Income tax returns
  • Form 16 (in India)
  • Bank statements showing regular income deposits

Employment Verification:

  • Employment verification letter
  • Offer letter from the employer

Bank Statements:

  • Recent bank statements showing your financial transactions and savings

Credit History:

  • Credit report from credit bureaus (some lenders may pull this themselves)


  • Passport-sized photographs for application processing

Other Documents:

  • Depending on the lender and your specific situation, you might need additional documents such as business ownership proofs, partnership deeds, etc.

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