Personal Loan

Personal Loan can be used for fulfilling all dreams, be it home renovation, children’s education, marriage expenses, going on dream vacation etc. As everyone has varied needs, this loan can be customised to meet every individual’s requirement. Obtaining a Personal Loan is quick, easy and hassle-free. One should have an existing relationship with Community Finance or choose to make a balance transfer from any other recognized financial institutions.

Features & Benefits

Higher Loan Amount Against the Market Offering

Up to Rs. 1 lakh where other players in the market offer only up to a maximum of Rs. 50,000.

Instant & On-the-spot Approval

No branch visits required. No waiting for days. Just some basic data and get instant provisional approval subject to completion of documentation and verification.

Dedicated relationship

Relationship officers analyse and understand needs and give the best suitable financial offering at every stage of life.

Minimal Documentation

Few essential documents like photo ID proof, residence proof, one passport size photograph and one cancelled cheque in case of NACH/NEFT for the applicant and co-applicant is required.

For details about Personal Loan Agreements, Terms and Conditions or have any questions, you can refer to our Personal Loan FAQs or can contact us at a nearest Community Finance office.

Eligibility & Documents

Individual must be between 21-60 years* (salaried/self-employed) *Age at the time of completion of the loan

As an Applicant and Co-applicant one must have:

• Photo ID Proof

• Residence Proof

• One Passport Size Photograph

• Cancelled Cheque in case of NACH/NEFT

Fees & Charges

Please refer to the ‘Interest Rate Matrix’ section for detailed Fees and Charges related to our product offering

How to Apply

Applying for a Personal Loan with Community Finance is quick, easy and completely hassle-free. Read on to know more about how to apply for the same:

• Contact our relationship officer

• Visit our nearest branch office


Personal loan is a short-term credit facility provided to the customer to fulfil their dreams.

Customers who have an existing relationship with Community Finance or who can choose to make a balance transfer of the existing obligation from any other recognized financial institutions.

For renovating the house, educating the children, marriage expenses, going on a dream vacation etc.

The loan offers competitive interest rates as against the market offerings and it would vary as per each person's eligibility criteria.

The eligibility for personal loan depends on several factors. Visit the nearest branch or contact the relationship officers for more details.

The loan tenure is bundled with the existing loan and the balance tenure remaining for the existing loan serves as the tenure for personal loan.