Personal loan in Chennai
One of the emerging metropolitans of India is the capital of Tamil Nadu state, Chennai. It is one of the biggest economic, cultural and educational centres of India, situated on the Coromandel Coast off the Bay of Bengal. It is the base of several large-scale national as well as international companies, contributing to the GDP of India. It is the 3rd largest contributor to the GDP of the country. It is also well-known for its rich automobile industry and is one of the technical centres.
The city is growing exceptionally well and has been ranked in the top 120 cities in the world in the 2025 City Competitive Index by The Economist. Chennai is diverse and a cosmopolitan city, with young and enthusiast working professionals.
The instant personal loan market is growing rapidly in Chennai compared to the traditional institutions. The banks might not be able to cater to all the loan-takers due to its long assessment process. Personal loan in Chennai can be used for multiple financial needs like Debt consolidation, Travel or marriage expenses, and Medical bills, paying off credit card bills, paying monthly instalments or buying any large assets.
Instant money loan involves less paperwork and as the name suggests it is quick and easy to get. One must be a resident of India to be eligible for a personal loan in Chennai. His or her age should be above 21 years along with valid identity proof and an operational bank account.
The documents required for applying for an instant money loan are quite simple. Below is the list of documents you will require to submit for the application process.
Documents required for salaried individuals:
Identity proof: Pan card, Driving license, Voter ID, Passport
Address proof: Passport, Bank statement, Voter ID
Date of birth proof: Pan card, Passport
Bank statements: Last 3 to 6 months
Proof of Income: Salary slips from the latest employer
One can get a personal loan in Chennai starting from Rs. 9,000 up to 3 lakhs. The application for a personal loan can be done online via the instant money loan apps like CASHe. The documents can be submitted from your smartphone online. They offer loan to salaried individuals with great social footprints. The process of the application is simple and takes 15 to 20 minutes. Once applied for a loan, your request status is reflected on the app. The duration of the loan can be 62 days to 1 year. Once the loan is approved, the loan amount is then transferred in your personal savings account. The loan amount can be repaid via bank transfer or cheque deposit.