Why Opt for a Personal Loan in Meghalaya?

Meghalaya, with its rolling hills and rising urban centers like Shillong and Jowai, is witnessing growing demand for accessible credit options. A personal loan is one of the most convenient ways to get instant funds without pledging any collateral.

Here are a few reasons why people choose personal loans in Meghalaya:

• ✅ No security or collateral required
• ✅ Minimal documentation and fast approval
• ✅ Flexible repayment options (tenure from 12 to 60 months)

✅ Use the funds for any personal need: travel, education, medical, home repairs, weddings, or even debt consolidation

Here’s what you typically need to submit while applying:

• ✅ ID Proof: Aadhaar Card, PAN Card, Voter ID
• ✅ Address Proof: Utility Bill, Rent Agreement, or Aadhaar
• ✅ Income Proof: Salary slips, bank statements, ITR (for self-employed)
• ✅ Passport-size photographs
• ✅ Business proof (for self-employed applicants)

📝 Step-by-Step Guide:

1. Check Your Eligibility
• Use online EMI calculators or eligibility checkers on bank/NBFC websites.
2. Choose the Right Lender
• Compare interest rates, processing fees, and prepayment charges.
3. Submit Application
• Apply online with flexiloan.
4. Document Verification
• This can happen digitally or physically, depending on the lender.
5. Loan Approval & Disbursement
• Get funds directly into your bank account within 24–72 hours.