Equitas Small Finance Bank (ESFB) today announced the launch of its Digital Personal Loan offering, designed for salaried professionals. With the festive season witnessing a surge in demand for credit, the bank is enabling customers to access instant, paperless personal loans at competitive interest rates starting from 10.49% p.a., with a nominal 1% processing fee.
The new offering ensures a seamless, transparent, and fully digital borrowing experience¡X empowering its customers to apply on-line and receive in-principle approval on real time basis.
Key highlights of Equitas Digital Personal Loan: „h
- 100% online application with real time in-principle approval based on credit profile „h
- Exclusive for salaried professionals with net take home pay of ₹40,000 and above „h
- Available for applicants with a credit score of 730 and above. „h
- Loan amount starting from ₹2 lakhs, with flexible tenures up to 5 years. „h
- Attractive interest rates starting from 10.49% p.a.