Personal Loan Solutions with OBS Fin Solution
At OBS Fin Solution, we understand that financial needs can arise anytime—whether it’s for a wedding, medical emergency, education, travel, home renovation, or debt consolidation. Our Personal Loan solutions are designed to give you quick access to funds with minimal paperwork and maximum flexibility.
With strong partnerships across leading banks and NBFCs, we ensure you get the best offers, competitive interest rates, and fast approvals. Our process is simple, transparent, and fully customer-focused, so you can borrow with confidence.
- Loan amounts up to ₹50 lakh (depending on eligibility)
- Flexible repayment tenure (12 to 60 months or more)
- Quick disbursal with minimal documentation
- No collateral or security required
- Doorstep assistance & dedicated support
Frequently Asked Questions (FAQs) on Personal Loan
A personal loan is an unsecured loan offered by banks and NBFCs to meet your personal financial needs, such as medical emergencies, weddings, education, travel, home renovation, or debt consolidation. It does not require collateral or security.
Any salaried employee, self-employed professional, or business owner with a stable income and good credit history can apply for a personal loan.
The loan amount depends on your monthly income, repayment capacity, credit score, and the lender’s policies. Typically, you can avail a loan ranging from ₹50,000 to ₹50 lakh.
Personal loans usually come with flexible repayment options, ranging from 12 months to 60 months (1–5 years), depending on the lender.
Identity Proof (Aadhaar, PAN, Passport, Voter ID, etc.)
Address Proof (Utility Bill, Aadhaar, Passport, etc.)
Income Proof (Salary slips, Bank statements, ITR, etc.)
Employment Proof (Offer letter, Employment certificate, etc.)
Passport-size photographs
Most lenders prefer a CIBIL score of 700 or above. A higher score increases your chances of approval at lower interest rates.
With OBS Fin Solution’s fast processing and tie-ups with top banks & NBFCs, you can get approval and disbursal in as little as 24–48 hours, provided all documents are in order.
Yes, most lenders allow prepayment or foreclosure of personal loans. However, some may charge a small foreclosure fee. It is advisable to check terms with your lender before applying.
Generally, personal loans do not offer tax benefits. However, if the loan is used for specific purposes like home renovation or education, you may be eligible for deductions under certain sections of the Income Tax Act.
Yes, you can apply for a personal loan even if you already have another loan, provided your repayment capacity and credit score meet the lender’s requirements.
