Eligibility depends on factors like -

Should be a resident customer

Age criteria – 23 years to 55 years at time of availing the loan

Salaried individual with a net take home of Rs.60000 or above

Bureau Score should be 728 or above

The interest rate varies from 11.50% p.a., to 18% p.a., based on your credit profile, loan amount and tenure.

The maximum repayment tenure for a personal loan is up to 60 months.

You can avail a loan starting from Rs. 2 Lakhs onwards

You can receive your loan disbursed within 60 minutes subject to meeting the requirements of the loan.

No you can’t top up the personal loan while an existing loan is running. You can take a personal loan just only the existing loan is closed.

Valid Aadhaar

Pan Card

Latest 4 month bank statement where salary is being credited

Processing fee is upto 3% of the loan amount plus applicable taxes.

You can foreclose your loan after 12 months of successful EMI payment.

Charges include processing fees, prepayment, part payment and late payment penalties, if any. For more details refer schedule of charges available in our website.

Currently this is a restricted service where we do not allow balance transfer from other banks. However, customers can transfer their loan to other banks after making 12 EMIs successfully.

You can get your personal loan statement from Selfe app. Alternatively, it can also be requested by contacting our customer care @ 1800 103 2977.

The repayment schedule is provided along with loan agreement. Alternatively, it can also be downloaded from Selfe loan app.or by contacting our customer care @ 1800 103 2977.

Visit our nearest Asset branch along with a valid Government id proof to place the request.

Missed EMIs can be paid either through online options or by visiting the branch. Online payment options include debit card, net banking & UPI.

Alternately CSO can also send a payment link from encollect app.

To close the loan, the outstanding balance should be paid and a ‘No Objection Certificate’ (NOC) should be obtained from the bank. It will be sent through courier. If required customer can also visit our asset branch and collect in-person.

Loan closure and NOC issuance typically takes 15 working Days.

Register a complaint through the following ways:-

Selfe loan app

Customer care helpline number 1800 103 2977

Write to customerservice@equitasbank.com from your registered mail id

You can also lodge a complaint at RBI’s Sachet Portal

EMI will be debited from Equitas Bank account only. Every month, NACH will be initiated from your salary account to Equitas bank account one day prior to EMI date. This is to ensure EMIs are paid in a timely manner & to avoid any returns.