Capital First Personal Loan: Capital First offers a variety of services in the form of personal loan. Here pensioners get attractive offers. You can enjoy lower interest rates and less paperwork.
Benefits of Capital First Personal Loan
- low interest rates
- No hidden costs and administrative fees
- less paperwork
- long tenure
- Minimum income requirement
- Pensioners get attractive offers
Documents Required for Capital First Personal Loan
Following are the important documents to be submitted while applying for a personal loan from Capital First:
- Well filled application form
- 3 passport size photographs
- Identity Proof (Photocopy of Voter Card / Passport / Driving License / PAN Card)
- Residence proof (photocopy of recent telephone bill / electricity bill / passport)
- Bank account or passbook details for the last six months
- Form 16/IT Return for the last two financial years for salaried employees
- IT returns for three years for self-employed professionals
Capital First Personal Loan is the best option to meet your short-term needs, to meet the needs of different segments. You can choose the best personal loan based on your requirement.
Capital First Personal Loan Details
|Rate of interest||12% to 18%|
|processing fee||Up to 1.5% of the loan amount|
|loan tenure||1 to 5 years|
|pre-closure charges||Pre-closure is allowed after 6 months (5% of the outstanding principal will be charged)|
|guarantor required||no guarantor needed|
Key Features of Capital First Personal Loan 21 February 2022
|Age||23 to 58 years|
|CIBIL Score||750 or more|
|personal loan interest rate||10.49% p.a.|
|Lowest EMI per lakh||Rs 2,149|
|repayment period||12 to 60 months|
|processing fee||up to 3.5%|
|prepayment fee||will be decided by the bank|
|part payment fee||will be decided by the bank|
|Minimum loan amount||1 lakh rupees|
|Maximum loan amount||40 lakh rupees|
Capital First Personal Loan Eligibility Criteria
|CIBIL Score||750 or more|
|Age||21 to 58 years|
|minimum income||15,000 to 25,000 rupees|
Capital First Personal Loan interest rate and other charges
|Capital First Personal Loan Interest Rate||10.49% p.a.|
|Capital First Personal Loan Processing Fee||up to 3.5%|
How can I apply for Capital First Personal Loan?
You can either apply online or visit the nearest Capital First Loan center for a personal loan.
Will there be any charge for prepayment of Capital First Personal Loan?
There is no prepayment charge on personal loan.
Can the income of spouse be included for computing the loan amount?
Yes, your spouse’s income can be included provided he/she guarantees the loan or the loan is taken jointly.
What is the processing fee?
There is a 1.5% processing fee for a personal loan.
Do I have the option to choose a fixed or floating rate for the loan?
You have the option of taking a loan with a fixed interest rate or a floating interest rate. In case of a fixed rate loan, the interest rate on the loan will remain constant throughout the tenure of the loan, whereas in case of a floating rate loan, the interest rate may increase or decrease as per the change in the rate.