How to obtain funds of Rs 1 lakh? - PowerPoint PPT Presentation

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How to obtain funds of Rs 1 lakh?

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Small personal loans are in great demand in India. These loans can come handy in taking care of urgent needs, whether it is shopping for an expensive item, paying utility bills, or financial emergencies like paying fees for higher education and availing medical treatment. – PowerPoint PPT presentation

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Title: How to obtain funds of Rs 1 lakh?


1
How to obtain funds of Rs 1 lakh?
2
Monthly earnings
01
02
  • They also check your employer's credibility.
  • The lender assesses your income to evaluate your
    repayment capacity.

3
Debt-to-income percentage
  • A DTI of less than 50 is preferable.

4
Creditworthiness
  • The lender examines your credit report to learn
    about your credit history.

5
Age
  • Age
  • You are eligible for funds if your age is between
    21 and 58.

6
How to determine the EMI of a Rs 1 lakh loan?
  • You may calculate it using an EMI calculator or
    applying a manual formula.

7
The step-by-step calculation for a personal loan
EMI
  • 01
  • 02
  • 03
  • Enter the fund value
  • Select interest rate
  • Choose repayment tenure

8
Herofincorp
  • Obtaining Rs 1 lakh is not difficult if you meet
    the criteria listed above.

9
Thanks!
Would Love to hear from you.
Hero Fincorp Limited
09, Basant Lok, Vasant Vihar, New Delhi - 110057
Tel 18001024145
Email customer.care_at_herofincorp.com
Website https//www.herofincorp.com/
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