You can now get a PSB loan in 59 minutes. You can avail a bank for the amount Rs.1 lakh to Rs.5 crore. The loan scheme is special as the turnaround time comes down to 59 minutes from the normal 7-8 days that a company may take to process.
|Unique||The platform from which you can avail the personal loan is in sync with the banking processes laid down by the lenders in India.|
|Convenience||You have the option of applying for loans from multiple lenders at one go.|
|Secured||The whole gateway of you providing important information in order to avail the loan to the lender disbursing the loan amount is highly secured.|
|Banker interface||The user banks have the option of creating their own customised loan products as per their credit policies.|
|Technological integration||There are various technological integrations which provides a certain ease to credit decision making.|
|CGTMSE Coverage||With the integration of CGTMSE, there is a possibility of MSME borrower being able to avail a collateral free loan.|
No, you don’t have to pay any registration fee in order to avail a personal loan from PSB.
The reason that you will be asked to upload the details of your bank statement, IT returns, and GST is so that the bank can check the authenticity of the person applying for the loan and look for factors such as credit score and check if the applicant is eligible for the personal loan or not.
If you are unable to provide any of the following details as required by the lender, then unfortunately, you won’t be able to apply for a personal loan from PSB as you do not meet the eligibility criteria.
You will be required to provide the details of you being GST and IT compliant in a digital format. If you do not have the details, you will have to ensure that you collect the necessary data. You only have to registered once before applying for a personal loan. You can log out of the portal at any time you desire. Once you have collected all the required details, you can log in to the portal and submit the necessary details. In case you are still facing problems, you can call on the number 079-41055999 for further assistance.
The data provided by you will determine whether you get the in-principle approval or not. The bank after providing the in-principle approval will conduct further research in order to determine whether you will be eligible to get your loan approved or not. In all probability, the final decision rests at the discretion of the bank.
Once you have applied for a loan, you can always visit the official website of PSB and log in to the portal using the credentials in order to check the status of your application.
Yes, you can give an estimate of your net worth. The exact figure will be verified on due diligence.
No, you will have to submit the details of the IT returns for the latest financial year in order to be eligible for the approval of your loan.
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