Private Finance Loans in Chennai
Many borrowers need an urgent cash loan for an immediate emergency. When they apply for a loan with a big bank or an NBFC, the find out that they are not accepted for a loan because of a low CIBIL score, poor credit history or because of another reason. LoanSumo can help you in such a case by giving you access to our Private Finance Lending providers. You can apply for a Private Finance loans in Chennai through our LoanSumo.
Private Loan Lenders are usually more flexible with their lending policies to accommodate situations like this. Pvt Finance Lenders give both personal loans and business loans like SME and MSME loans. Across India, there are many private lenders from many years who have been servicing alternative lending market. The Marwari and Baniya community have been very active in this space for a long time. They usually come with their own set of eligibility criteria and application forms. Loans from private finance usually tend to come with higher interest and short-term loans.
Private Personal Loans from Money Lenders in Chennai
LoanSumo is a private personal loan platform that provides borrowers access to instant loans in India. If the customer need requires it, we partner with private finance companies to provide cash loans. Chennai is one of the primary cities LoanSumo operates in. These private personal loan in Chennai are usually suited for people who do not qualify for credit from banks and NBFC’s.
- Easy Application Process with Minimal Documentation
- Unsecured Loans – Where in No Guarantee Required
- Large Lender Network
- Responsible Lending (Fair, Transparent, and Easy to Understand Terms)
- Immediate Cash Loans (Quick, Fast & Easy)
- Low CIBIL Score accepted for Personal Loans
What can you use a Private Finance Loan for?
Our borrowers use loans from LoanSumo for many different use cases. While some might borrow to pay it for their Marriage expenses, some others do it to meet Emergency and Immediate expenses before the next payday. Small Hand Loans for some are important in meeting these urgent expenses.
- Debt Consolidation when you need it for Credit Card Consolidation
- Two-wheeler & Bike Loan
- Salary Advance Loans
- Short-term Loans
- Early Payday Loans
- Same Day Loans
- Unsecured Personal Loans
- What can you use our Instant Online Cash Loans for?
- Marriage & Wedding Expenses Loan
- Travel, Vacation & Holiday Expenses
- Health Emergency
- Used Car Loan
- Home Renovation Loan
- Personal Loan Balance Transfer
Eligibility Requirements & Documents – Private Finance in Chennai
We need the following documents from borrowers to service our private finance loans in Chennai such as:
- Aadhaar Card
- Proof of Residence (Electricity/Telecom/Gas Bill)
- PAN Card
- IT Return Documents
- Proof of Employment (Offer Letter)
- Proof of Income for last three months prior to application
- Form 16
- Bank Statement Copy for last six months to one year