Short-term loans are those loans that have a quick repayment period. The funds are disbursed speedily and you need to repay on a weekly/monthly basis. You can opt for them in case of an extreme emergency!
A personal loan is a type of loan that aims to help you in any situation in which you are burdened with out-of-pocket expenses. Such loans usually have fixed rates, fixed monthly payments, and no collateral.
What can you gain from us?
In the recent Covid scenario, we provide a safe secure digital platform to debit quick money for emergency situations. Your acceptability is based on your creditworthiness and no collateral is required. We offer advance salary loans for emergencies when you do not have enough cash as a financial backup or to meet unexpected expenses/losses.
A secure and fast loan disbursement process is our forte.
You do not need to worry about the long and cumbersome paperwork/waiting process for availing of the loan. Just a digital upload of the required documents will suffice and upon scanning, we will approve and transfer your loan in 15 minutes.
We can help you meet more than one unexpected expense at a time; whether it's home/vehicle repairs, medical bills, housing, utilities, weddings, or other family emergencies. We have an easy application process with no upfront fees or charges.
A disclaimer before you apply
RELATIVELY HIGH INTEREST RATE
The rates are somewhat higher as compared to long-term loans like automobile loans from banks.
RESIDENTS ONLY
We only serve Indian citizens.
SALARY-BASED LOANS
This is a brief loan service designated solely for employed individuals with a monthly income surpassing INR 30,000/-.
By clicking "I agree" or "I accept," or by downloading, installing, or using the services, you are indicating your agreement to the terms and conditions outlined in this document. If you do not agree to these terms and conditions, please refrain from clicking "I agree", downloading, installing, or using the services. This is a legally binding agreement between SOLOMON CAPITAL PRIVATE LIMITED and yourself.
Read More...Should be an Indian resident
Salaried Employee
Need to be Savings Bank Account Holder
Above 21 years of age is mandatory
CIBIL Score Should be Fair
Your personal loan application should be completely filled with your current photograph
PAN Card is required
Residence proof – Driving Licence, Voter ID, Passport, Utility Bills (Electricity/Water/Gas), Postpaid/Landline Bill
Last 3 months' bank statements of the salary account
Last 3 months Salary Slips
Maximum Monthly Interest Rate
2.9%
Maximum Annual Percentage Rate (APR)
35% (Maximum)
Tenure/Repayment Period
61 Days and Above
Loan Amount Range
₹5,000 to ₹5,00,000
Processing Fee
10%
GST on Processing Fee (Exclusive)
18%
| Loan Amount | APR | Tenure | Processing Fee | GST on Processing Fee | Amount Disbursed | EMI | Total Repayment Amount | Total Interest |
|---|---|---|---|---|---|---|---|---|
| ₹ 20,000 | 35% | 3 Months | ₹ 2,000 | ₹ 360 | ₹ 17,640 | ₹ 7,247 | ₹ 21,740 | ₹ 1,740 |
We are registered under the name SOLOMON CAPITAL PRIVATE LIMITED , a registered NBFC (non-banking financial institution), approved by RBI.
Fill out the easy loan approval form online. Your information is safe and secure with us. Be rest assured.
Make sure that you have filled all the details correctly and in their correct meaning. The faster and accurately you complete the formalities, the faster we will provide you the funds!
Your clear and recent live selfie is required for identity verification and security purposes during the loan application process.
Aadhaar Card, PAN Card is mandatory to be with you!
Any one of the following will reassert your residence proof: Voter ID, Driving License, Passport, Postpaid/Landline Bill, Utility Bill (Electricity/Water/Gas).
Last 3 months bank statement (must be a salaried account) and last three months salary slips requisites.