Ujjivan Small Finance Bank

Ujjivan Small Finance Bank offers personal loans to help with your financial needs. You can borrow between Rs. 50,000 and Rs. 1.5 lakh at a great interest rate.

Ujjivan Small Finance Bank
First-Time Borrowers
100% Paperless Approval
✖
Loan Amount
Up to ₹30L
Interest Rate
11.49% - 16.49%
Tenure
3 Years
Processing Fee
2.00%
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Fees & Eligibility
Fees & Charges
  • Preclosure fee = Within 1 year - 2%; After 1 year - 1%
  • Part-payment fee = No part payments
Eligibility Criteria
  • Age - 22 to 58 years old
  • The person must have a monthly income of Rs. 20,000 and above
  • For salaried, minimum 2 years overall experience is required.
Documents
  • KYC-PAN, address & ID proof
  • Income proof, bank statement and one photograph
Features
What you'll love
  • No guarantor required
  • New-to-credit customers are eligible
Loan Benefits
- Loan amount: Rs. 50,000 to Rs. 15 lakh
- Apply online from home
- No collateral required
- Interest rate: Starts at 11.49% p.a.
- Hassle-free, contactless documentation

Ujjivan Personal Loan Features for Salaried Individuals

  • Loan Amount: Loans range from Rs. 50,000 to Rs. 15 lakh, based on eligibility to cover financial needs.
  • Repayment Period: The loan can be repaid over 12 to 60 months, depending on your repayment capacity.
  • Interest Rate: The starting interest rate is 11.49% per year for salaried individuals.
  • No Security Required: No collateral or security is needed to apply for a personal loan.
  • Simple Documentation: The documentation process is easy, contactless, and minimal.
  • Online Application: You can apply for the loan online with ease.

Ujjivan Personal Loan Features for Self-Employed Individuals

  • Loan Amount: Borrow between Rs. 50,000 and Rs. 15 lakh, depending on your eligibility.
  • Repayment Period: You can choose a repayment term between 12 to 60 months.
  • Apply Online: The loan application can be completed online from the comfort of your home.
  • No Collateral: No security or collateral is required for the loan.
  • Interest Rate: The starting interest rate for self-employed individuals is 11.49% per annum.
  • Contactless Documentation: The documentation process is hassle-free and contactless.
Proof of identity
PAN Card, Company ID card
Proof of address
Proof of address such as Aadhaar, driving license, etc.
Other documents
- Proof of income such as salary slips for the previous 3 months, bank statements of salary bank account or main active bank account for the previous 6 months
- Passport size photographs
- Proof of qualification (For Self Employed)
- Certificate of practice (For Self Employed)
- MCI registration certificate (For Self Employed)

Eligibility Criteria for Salaried Individuals

  • The applicant should be a salaried individual with a regular source of income.
  • The minimum age of the borrower for the loan is 22 years and the maximum age is 58 years.
  • Minimum work experience of 2 years and a minimum net monthly income of Rs.15,000 required.

 

Eligibility Criteria for Self-Employed Individuals

  • Self-employed allopathic doctors who are practicing independently can apply for a personal loan from Ujjivan Small Finance Bank.
  • Minimum work experience of 3 years and a minimum net monthly salary of Rs.30,000.
  • Should hold a degree in BDS or MBBS and must have a valid MCI accreditation.
  • The doctor must own their own nursing home, clinic, or hospital.
  • The doctor must draw income from their own consultancy.