Navratri is an auspicious festival in India known for its personal devotion and cultural richness. The annual festival is celebrated with zeal around the country and people celebrate it by spending on clothes, gifts or home renovation. Hence, with the idea of helping the people with ample funds to help Navratri shoppers and celebrators, we have come up with a Navratri personal loan by PayMe.
Why Navratri is the Best Time for Personal Loans
Navratri, a nine-night festival celebrated with great fervor in India, is not only a time for spiritual devotion but also an opportune moment to secure personal loans. To make your festival more attractive PayMe offers exclusive discounts, attractive interest rates, and other enticing offers during this auspicious period.
Whether you are planning home renovations to create a festive ambience, or want to purchase gifts or new outfits for the celebrations. You can get a personal loan obtained during Navratri can provide the necessary financial support at low interest rates.
Benefits of Our Navratri Personal Loan Offers
Here are some of the benefits offered by PayMe for those looking to avail of the personal loans for Navratri.
- Quick Loan Approval
PayMe is known for its quick loan approvals for your sanctioned limit happen instantly. This means that after submitting disburse the loan amounts mostly within 24 to 48 hours post-approval.
- Low-Interest Rates
With PayMe personal loans, one can enjoy low interest rates. The interest rate for personal loans here starts from 1.5% per month making it a steal deal during festivals.
- Flexible EMI Options
By choosing PayMe for Navratri personal loan, you can avail of repayment flexibility and choose the flexible payment option. This is a great way to financial planning for those who do not have a lot of resources.
- No Collateral Required
The personal loans offered by PayMe are without any collateral. This means that even if you are seeking to get an unsecured loan then you can get it without the need to provide any asset or security.
How to Apply for the Navratri Personal Loan
If you are looking to apply for a Navratri personal loan, then here are the step-by-step guidelines to do so:
Navratri Personal Loan Eligibility Criteria
If you are looking to avail of a personal loan by PayMe then you must meet the following eligibility criteria:
- Age Limit: The minimum age limit for a salaried employee is 21 years while for a self employed is 22 years to avail of a festive loan offer.
- Salary: The applicant should have a net monthly income of Rs 15,000 if they are salaried employees. Whereas, those who are self-employed must have a minimum income of Rs 25,000.
- The applicable credit score to avail of a Navratri personal loan is 700 for both salaried and self-employed.
Step-by-step process for applying online or via mobile app
Here’s a step by step detailed process of applying for a personal loan online or via a mobile app:
- Visit the top of the page and click “Apply Now” button or download the PayMe app on your mobile phone
- Now, enter your mobile number on the homepage and then move to the next page.
- Next, upload all the required documents to complete the KYC process.
- After this, upload your income proof (bank statement, salary slip, or an ITR depending on your employment type).
- Finally, after submitting the personal loan application form, you have to wait for atleast 24 hours for the amount to be credited to your bank account.
Use Cases for Personal Loans During Navratri
Here are some of the ways in which personal loans can be used during Navratri festivities.
Home renovation or redecorating for the festive season
Navratri Personal loans by PayMe can be utilised to fund home renovations and decorations. This includes painting or doing a quick furniture upgrade. In this way, you can make your festival more auspicious.
Purchasing gifts, outfits, or electronics
Personal loans by PayMe during Navratri can be utilized to purchase gifts, outfits and electronics. You can buy thoughtful gifts like a fridge, or stylish outfits thus elevating the relevance of the festivals.
Managing wedding or festival-related expenses
Personal loans can alleviate the financial burden associated with such celebrations. You can utilise the funds to cover expenses of catering, decorations and venue rentals.
Conclusion
On an ending note, Navratri is a time of celebration and new beginnings, making it an auspicious time to take a personal loan. One can enjoy several benefits like exclusive deals, discounts, and low interest rates, making it a fair deal. The personal loan can be utilized wisely to finance festive purchases, home renovation or other financial needs. So, don’t miss this opportunity to leverage the benefits of a personal loan from PayMe to make your Navratri memorable.
