Unicorn Capitals Personal Loan is easy-to-get, quick and convenient. Now plan your finances confidently knowing your monthly payments will always remain the same. Loan can be used for Marriages, Children education, Functions or for any of your needs. You can get to know your loan amount instantly and get disbursal in your account in as soon as 3 business days.
Besides speedy and transparent processing, the firm offers a host of other benefits on its personal loans including flexible tenures and competitive interest rates.
These unmatched benefits make our products among the best personal loans in the market.
Eligibility:
The following people are eligible to apply for a Personal Loan:
- Salaried doctors, CAs, employees of private limited companies, employees from public sector undertakings, including central, state and local bodies
- Individuals between 21 and 60 years of age
- Individuals who have had a job for at least 2 years, with a minimum of 1 year with the current employer
- Those who earn a minimum of Rs. 15,000 net income per month
Documentation:
The following documents are required along with your Personal Loan application:
- Identity proof (copy of PAN card/passport/voter ID card/driving license/Aadhaar)
- Address proof (copy of passport/voter ID card/driving license/Aadhaar)
- Bank statement of previous 3 months (Passbook of previous 6 months)
- Latest salary slip/current dated salary certificate with the latest Form 16
Rates & Fees:
Enclosed below are Unicorn Capitals Personal Loan Interest Rates & Charges*
| Fee | Amount to be Paid |
|---|---|
| Rate of interest range | 18% to 22% |
| Loan processing charges | 1% to 2% of the loan amount subject to a minimum of Rs. 500/- |
| Pre-payment charges | < 6 Months – 5% of Principal Outstanding 7-12 Months – 4% of Principal Outstanding >12 Months – 3% of Principal Outstanding |
| No Due Certificate/No Objection Certificate (NOC) | NIL |
| Duplicate of No Dues Certificate/NOC | Rs. 100/- |
| Solvency Certificate | Not applicable |
| Charges for late payment of EMI | Rs. 500/- or 10% of unpaid EMI whichever is higher to be paid per month |
| Stamp duty & other statutory charges | As per applicable laws of the state |
| Cheque swapping charges | Rs 500/- |
| Amortization Schedule charges | Rs 200/- |
| Loan cancellation charges | NIL (However client would be charged interest for the interim period between date of loan disbursement and loan cancellation and processing fees would be retained.) |
| Cheque bounce charges | Rs. 350/- per cheque bounce |
| Legal/incidental charges | At actual |
| Collection fees | 36% of unpaid balance or Rs. 3000/- whichever is higher for every notice |
* – above charges does not include GST and is applicable as per current government policy.
The above charges and rates are under the sole discretion of Unicorn Capitals, subject to change without prior notice.