Chennai well known as Madras is the largest metropolitan of south India. The city is the educational, cultural, and economical capital of southern India. The city bears on its east the port that serves as major centre of transportation through water. The city offers business to a several entrepreneurs and business men, and also ranks as one of the leading IT destination offering jobs to IT professionals. If you are residing in Chennai or have just moved to Chennai, and you need cash to plan your wedding or vacation we will take your from “Nowhere” to “Now here” at Letzbank. At Letzbank you can borrow personal loan from the bank of your choice irrespective of planned or unplanned rhyme or reason.

Most of us borrow personal loans to meet individuals financial demands such as wedding, vacation, tours, travels, medical emergencies, paying off debts, carry out small home repairs, etc without a hassle. Personal loans make help you cope up with any called or uncalled financial emergencies.

Loan amount that can be borrowed by any personal salaried or self employed can be upto Rs.25 lakhs which depends on the eligibility of the borrower who wants to apply for personal loan. The eligibility of the borrower to apply for personal loans is calculated on the basis of re-payment history of the borrower.

It is a myth that the rate of interest charged on the Personal Loans is very high compared to other loans. Partner banks of Letzbank offers you the best in town rate of interest starting from 12.65% the interest rate changes from bank to bank.

Another thing to consider is that you should be able to make a pre-payment or foreclose the loan without any charges levied towards it. Adequate caution should be taken while applying for personal loan to avoid additional expenditure.

Factors governing your eligibility to avail personal loans are:

☞ Age – Minimum: 21 years; Maximum 65 years/retirement age

☞Income: Salaried individuals having a work experience of 1 year in the current firm/organization; salaried individuals having an overall experience of minimum 2 years can also apply for personal loans.

☞ Self-employed professionals filing IT returns can apply for personal loans at your nearest bank.

Documents required availing Personal Loans in Chennai:

☞ A photo identity proof issued by the Government of India or the state government.

☞Proof of age issued by the govt.

☞ Residential proof issued by the govt.

☞ Application form - filled and signed by the applicant.

☞ Last six months bank statement duly stamped by the authorized signatory of the issuing bank branch.

☞ Last three months salary slips

☞ Form 16 or a valid IT return form

☞ Last three years IT return certificate along with computation of income.

☞ Last three years audited balance sheet and P&L account duly certified by a CA.

Letzbank offers the best in town Personal Loans offers to choose from. Personal loan offers are put on view on the website for you to pick and choose. Make use of Personal Loan EMI calculator to know more on the emi, interest rate and loan stages of the personal loan offer you want to pick. Service fee for clients submitting an application through online process is exempted. To know in one go all about Personal Loan offers in Chennai visit www.letzbank.com

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