From Plans to Possibilities — Personal Loans Made Simple
Shubhdhanam offers fast and flexible personal loan solutions with quick approvals, competitive rates, and a seamless digital process.
Personal Loan Overview
At Shubhdhanam, we believe that financial support should be accessible, transparent, and empowering. Life can present both exciting opportunities and unexpected challenges, and having the right financial partner can make all the difference. Our Personal Loan offering is thoughtfully designed to meet the diverse financial needs of individuals, whether you're managing unforeseen expenses or planning something important for yourself or your loved ones. We understand that every financial journey is unique, and our goal is to provide reliable solutions that help you move forward with confidence and peace of mind.
With Shubhdhanam, securing a personal loan is a smooth, straightforward experience. We've simplified the application process to ensure minimal documentation and quick turnaround times, so you can focus on what truly matters — whether it's organizing a family function, managing medical bills, consolidating debt, or fulfilling personal goals. Our digital-first approach allows you to apply from anywhere with ease, while our experienced team ensures that your application is handled with the utmost attention and care.
Choosing Shubhdhanam for your personal loan means choosing a partner who prioritizes your financial well-being. We don't just disburse loans — we build relationships based on trust, integrity, and a shared commitment to your growth. Whether you're looking for immediate assistance or planning long-term, Shubhdhanam stands by your side, offering solutions that are not only practical but also empowering. Let us help you take the next step with confidence, clarity, and complete support.
Features & Benefits of Personal Loan
No Collateral Required
Enjoy complete peace of mind with 100% unsecured loans — no need to pledge property or assets.
Fast Approval & Quick Disbursal
Experience a seamless journey from application to disbursal, with most loans credited within 24–48 hours.
Flexible Repayment Options
Choose a tenure that fits your lifestyle — from 12 to 60 months, tailored to your financial comfort.
Attractive Interest Rates
Competitive and transparent interest rates designed to make your EMIs affordable and stress-free.
Minimal Documentation
Say goodbye to lengthy paperwork. Our simplified process requires only basic documentation for swift processing.
Multi-purpose Use
Whether it's a wedding, vacation, medical emergency, or debt consolidation — use the funds however you need.
Personal Loan Eligibility Criteria
To apply for a personal loan with Shubhdhanam, please ensure you meet the following criteria. The below list outlines the basic eligibility requirements for a smooth loan application process:
- Age — Applicant must be between 21 to 60 years at the time of application.
- Employment Status — Only salaried individuals are eligible. Must have a minimum of 1 year of total work experience and have completed at least 1 year with the current employer.
- Income Criteria — Minimum monthly income of ₹15,000 or more. Must provide valid proof of income (salary slips, bank statements, or income tax returns).
- Credit Score — A CIBIL score of 700 or above is preferred for better loan approval chances.
- Existing Liabilities — Applicant should not have multiple existing loans that may affect repayment capacity.
- Loan Amount — Loan available from ₹50,000 to ₹1 Crore, based on eligibility.
- Rate of Interest — Interest rate ranges from 10.75% to 20.00% per annum.
- Loan Tenure — Repayment tenure ranges from 12 to 96 months, offering flexible EMIs.
- Loan Disbursement — Fast disbursal within 24 to 36 hours after approval and document verification.
Documents Requirement for Personal Loan
- ID Proof (Any one): PAN Card / Aadhaar Card / Voter ID / Driving License / Passport
- Residential Proof (Any one): Aadhaar Card (Self/Spouse/Parents) / Voter ID (Self/Spouse/Parents) / Passport / Latest Electricity Bill (ownership – last 3 months) / 6-month-old Rent Agreement (if Notarized, light bill also required; if Registered, light bill not required) / 6-month-old Savings Account / Latest Gas Receipt (last 3 months)
- Bank Statement: Last 6 months' salary account statement
- Salary Proof: Last 3 months' salary slips or salary certificate
- Photo: 1 Passport-size photo
Fees and Charges for Personal Loan
At Shubhdhanam, we believe in complete transparency, and our goal is to ensure that our customers are fully informed about the costs associated with their personal loan. Below are the key fees and charges that may apply when you avail a personal loan with us:
- Processing Fee: A one-time fee charged for processing your loan application. This fee typically ranges between 1% to 2% of the loan amount, depending on the loan terms and the applicant’s profile.
- Prepayment/Foreclosure Charges: If you choose to repay the loan before the agreed term, a nominal prepayment or foreclosure fee may be charged. This fee is generally 2% to 3% of the outstanding loan amount, depending on the loan agreement.
- Late Payment Fee: In case of delayed payments, a penalty will be charged. The late payment fee is usually ₹500 or a percentage of the outstanding amount, whichever is higher.
- Interest Rate: The interest rate for a personal loan depends on various factors, including the applicant's credit score, loan amount, and tenure. Our rates typically range between 10.75% to 20.00% per annum.
- EMI Bounce Charges: In case of insufficient funds in your account for EMI deductions, a charge will be levied for each failed attempt. This fee is typically around ₹1,000 per failed transaction.
- Document Handling Fee: For the verification of documents and other administrative tasks, a nominal handling fee may apply. This charge is generally between ₹200 to ₹500.
- GST Charges: Goods and Services Tax (GST) will be applicable on all fees and charges as per the prevailing tax laws.
How Personal Loan is Calculated
At Shubhdhanam, we ensure transparency in how your personal loan is calculated. Your loan amount, interest rate, and tenure all influence your monthly EMI (Equated Monthly Installment). Below is a quick breakdown:
Loan Amount: The total amount you borrow, based on your eligibility.
Interest Rate: Typically ranges between 10.75% to 20.00% per annum and is based on factors like your credit score and income.
Loan Tenure: The duration of your loan, typically between 12 to 96 months, which affects your EMI size.
Total Repayment: The total amount paid over the loan tenure (EMI × number of months).
Total Interest: The difference between the total repayment and the principal loan amount.
EMI = [P × r × (1 + r)^n] / [(1 + r)^n − 1] where P = Principal amount, r = Monthly interest rate, n = Loan tenure (in months)
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FAQs
A personal loan is an unsecured loan that you can use for various purposes like medical expenses, travel, weddings, or debt consolidation — without the need for collateral.