Reliance money personal loan is offering loans at cheaper rates. In the rapidly progressing Indian economy, every individual plays a crucial role in driving growth.
But despite the commendable contribution to the Nation’s economy, a majority of Indians do not get access to formal sources of funds. We are here to enable the growth of every individual who empowers the growth of the nation.
We have committed ourselves to the mission of making India independent, in its true sense by enabling every Small and Medium Enterprise (SME) & retail consumer realize their true potential and become self-reliant entities.
For the last 9 years, through our customised and convenient financial solutions, we have helped create success stories out of over 4,00,000 MSMEs across the country and disbursed over Rs 88,000 crores to them.
By empowering our customers and helping them realize their business dreams, we hope to power India’s journey towards self-reliance.
Retaining the core values of Reliance Commercial Finance Ltd., we have now adopted a new brand name to signify our wide range of financial solutions that cater to our customer’s evolving financial needs.
Reliance Commercial Finance is now re-branded as Reliance Money.
The growth of a nation is directly proportional to the progress of its Small and Medium Enterprises (SMEs). That’s why at Reliance Money, we have made it a mission to be with our SMEs, in every capacity and empower them with our Business Expansion Loans / SME Loans to achieve organic growth through self-reliance
Life is full of uncertainties. You never know when you might end up needing funds immediately for business, education, family wedding, travel, home renovation or even medical needs. At such critical points in life, a Personal Loan enables you to be self-reliant and take charge of the situation.
We, at Reliance Money, offer instant personal loans to both salaried and self-employed professionals. Our collateral-free personal loans with simple documentation process, quick disbursal, and competitive interest rates help you to meet your demand for urgent funds.
Now you know. The next time you need funds immediately, take a Personal Loan and get it done!
Features
No income proof required
Convenient loan repayment option of 12 to 48 months
Simplified and quick documentation
Attractive interest rates
Hassle-free loan sanction and disbursal procedure
Documentation
Identity Proof – Any one (e.g. Voter ID / Driving License / Passport)
Address Proof – Any one (e.g. Voter ID / Driving License / Passport / Telephone Bill / Electricity Bill / Registered Lease Deed or Sale Agreement)
Passport Size Photographs
Any other valid Photo ID card issued by central or state government
Fees & Charges
Cheque Bounce Charges Rs 600/-
Cheque Swapping Charges Rs 500
Overdue Interest 26% p.a.
Apply online from the official website “Click here”
Who can avail Personal loan of Reliance Commercial Finance?
Salaried Individuals, Self Employed Professionals, & Self Employed Businessmen
What are the lending rates?
The best possible rate, as per the eligibility of the individual.
What are the loan tenure options?
12-48 months
Which Personal Loans can be financed?
Travel, Marriage, Renovation, Education, work expansion, and other personal uses.
How is the interest charged/calculated?
Interest is calculated on a monthly reducing balance basis.
What is a Monthly Reducing Balance?
In the case of the monthly reducing balance method, the principal gets reduced at the end of every month and the interest is calculated on the outstanding principal at the end of the month
Do I have to pay any additional charges?
Please refer Fees & Charges Schedule.
Can I use the Personal Loan for Commercial Usage?
Yes
How long will it take to process the loan?
Loan approval will be done on the spot if all requisite formalities are complied with. Disbursal will be within 3 days from the date of completion of documentation.
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