Capital First - Instant Loan Approval

An Instant Personal Loan refers to money that is borrowed from a financial institution, for personal (not professional or business) use. In opposition to larger and long-term loans, personal loans are taken into relatively short to medium terms. Generally personal loans are used to pay for one-time or short term expenses where a borrower (the person who is getting the loan) doesn't normally require disclosing the specific reason for the loan. This type of loan is used by many to resolve their current financial needs. An Instant Personal Loan is taken for tenure of one to five years. Also these require lowest formalities and no collateral or security.

It is a type of unsecured loan which can be availed on the basis of various criteria. Level of income, employment history, credit score and scope for repayment are those specific criteria. Considering these criteria and lender, the APR (Annual Percentage Rate) of personal loan can be anywhere between 11.29% to 35%.

Why Should You Take A Personal Loan from Capital First?
In every individual's life there comes a moment where you urgently need a specific amount of money which can't be covered by your savings. The amount can be needed for any personal reason like home or vehicle repair, to pay unexpected medical bills, for wedding, travel, credit card outstanding balance transfer etc. Here the option of getting this desired amount via Instant Personal Loan comes extremely handy. Capital First Limited, listed in NSE and BSE, is a leading Indian financial institution, specializing in providing debt financing to MSMEs and Consumers in India. The company enjoys the highest long term credit rating of AAA. It is the leading financial institution in India to give away Instant Personal Loan.

Why Choose My Mudra To Apply For Personal Loans from Capital First?

My Mudra is India's fastest growing financial distributors. A comprised team with mammoth experience in finance and internally developed highly proficient Loan Calculator algorithm, we are pledged to offer solutions to all your financial needs. Borrowers can apply for capital first's Instant Personal Loan with My Mudra' latest online application process. We help you borrow right.

Hassle free process
We have developed an efficient, smooth and easy process for our consumers to get a capital first personal loan. Our easy to use online procedure allows consumers to upload documents quickly. Our highly proficient Loan Calculator also guides the consumers to embark on a hassle free process.

Benefits of applying with us
We value our consumers and are always on our toes to give them benefits of our expertise. Applying for a capital first personal loan with us, gives you a chance to avail the best offers and deals from capital first.

Privacy policy
We, at My Mudra understand the value of your documents and keeping them safe and private. Your loan applications are processed electronically with complete privacy and transparency..

Free expert guidance and advice
Our financial experts are always ready to give you the perfect advice. These highly trained professionals in finance know the back and forth of the industry. Our dedicated team of experts will help you at any given time, without charging a dime.

What are the Eligibility Criteria to avail a Personal Loan?
Banks offer personal loans to customers who fulfill their designed eligibility. The eligibility criteria changes from bank to bank and the profile of the borrower. But there are some commonalities which you have to follow or acquire to get a personal loan from any bank. Banks give personal loans by dividing their customer's profession and their income history. You can refer the following table for a gross understanding of bank's eligibility criteria:

- Age
- Income
- Minimum Loan Amount Approved
- Maximum Loan Amount Approved
- Loan Tenure

Salaried Borrowers
- 21 years to 60 years
- Rs. 15,000 (Rs. 20,000 in metros)
- Rs. 75,000
- Rs. 15,00,000
- 12-72 months

Self-Employed Borrowers
- 23 years to 60 years
- Turnover of minimum Rs. 24,00,000 (differs for professional and non-professional)
- Rs. 75,000 to Rs. 3,00,000
- Rs. 15,00,000 to 20,00,000
- 12-48 months

What are the Documents Required to avail a Personal Loan?

- Identity Proof
- Address Proof
- Bank Statement
- Additional Documents

Salaried Borrowers
- Passport, Driving License, Voters ID or PAN Card
- Passport or utility bills
- Salary slips for last 3 months,2 year employment continuity document

Self-Employed Borrowers
- Passport, Driving License, Voters ID or PAN Card
- Last 6 months
- Proof of highest professional degree,Latest Income Tax Return Balance sheet,Profit and Loss for last 3 years certified by CA

Apply for Personal Loan
*Company Name
Firm Name (as per PAN Card)
Company Type
Annual Turnover
Loan Amount
Office Type
House Type
My CIBIL Score
*City of Residence
*Full Name (as per PAN Card)
*Email Address
*Mobile Number
Date of Birth