Benefits of Personal Loan with Park+ Finance
Get a loan on your terms. Choose from flexible EMI and tenure options.
Flexible amount, tailored for you
Borrow anywhere from ₹10,000 up to ₹15,00,000.
Flexible repayment terms
Repay over periods of 3-60 months
Transparent pricing
Processing fee (2–5% + GST) is clearly disclosed upfront
Key Features of Personal Loan with Park+ Finance
| Flexible amount, tailored for you | Borrow anywhere from ₹10,000 up to ₹9,00,000. Whether you’re consolidating debt, renovating your home, covering medical bills, or funding a wedding or trip—Park+ adapts to your needs. |
| Competitive interest rates | Interest starts as low as 11.5% p.a., ensuring EMIs remain budget-friendly. Your rate depends on your profile and tenure. |
| Flexible repayment terms | Repay over periods of 3–60 months, choosing the EMI amount that best suits your monthly budget. |
| Instant disbursal | Once approved, funds are credited to your bank within 24 hours, for quick access when it counts. |
| 100% paperless & digital | Apply, verify, track, and repay—all through the Park+ app. No paperwork needed. |
| Transparent pricing | Processing fee (2–5% + GST) is clearly disclosed upfront. Prepayment is allowed; charges vary by lender. |
Eligibility Criteria for Personal loan
When considering a personal loan, understanding eligibility is crucial. Lenders evaluate various factors to determine whether to approve the application and what interest rate to offer.
Each lender may have different criteria, but the following eligibility parameters can get your personal loan application easily approved.
- Age: 18–65 years (varies by lender)
- Income: Requires a stable source; some plans need ₹11000+ monthly salary.
- Credit Score: Good credit (650+) improves approval chances & secure rates.
- Employment: Preferably salaried or steady income for 1+ year.
Park+ - Lending Partners
Park+ brings you flexible personal loans in partnership with top banks and RBI-approved NBFCs.
Our trusted lending partners help you choose the loan amount, repayment tenure, and EMI plan that best fits your financial goals—big or small.
Whether it’s a short-term need or a major milestone, Park+ ensures you get a personalized loan experience designed around your unique requirements.
Personal Loan Lending Partners
FAQs on Personal Loan – Park+ Personal Loan
Can I prepay without penalty?
When will I receive the funds?
What affects my interest rate?
Is Park+ loan entirely digital?
For further queries you may refer to the Grievance Redressal Policy.