Get Instant Loans at Lowest Interest Rates

For a personal loan, you typically need:

• KYC documents (PAN card and Aadhaar card)
• Last 3 months/12 month bank statements
• Salary slips for last 3 months (if salaried)
• Proof of employment
• Address proof (utility bill, rental agreement, etc.)

Self-employed individuals will need additional documents like business registration proof, IT returns for last 2 years, and business financials.

HISTERS acts as your financial advisor with several advantages:

• We have partnerships with multiple banks and NBFCs, giving you access to more options
• Our experts analyze your profile to match you with the most suitable lender
• We help optimize your application to improve approval chances and get better rates
• We handle all the paperwork and follow-ups with lenders
• You get personalized advice throughout the process

This saves you time and often results in better loan terms than applying directly.

The minimum credit score requirements vary:

• Most banks/NBFCs: 650+ CIBIL score
• Some NBFCs: May consider 600-650 with higher interest rates
• Below 600: Very difficult to get approved, but we can suggest credit improvement strategies

If your score is borderline, we can help strengthen your application with additional documentation or suggest lenders more likely to approve your case.

The timeline varies by loan type:

• Personal Loans: 24-48 hours for approval, 3-5 days for disbursal
• Business Loans: 2-3 days for approval, 5-7 days for disbursal
• Car Loans: 1-2 days for approval, disbursal upon vehicle selection
• Loan Against Property: 5-7 days for approval, 10-14 days for disbursal

These are typical timelines assuming all documents are in order. We expedite the process by pre-verifying your documents.

Prepayment policies vary by lender:

• Most banks: Allow prepayment after 6-12 months with 2-5% charges
• Some NBFCs: No prepayment charges after 1 year
• Floating rate loans: Typically have lower prepayment charges

We specifically negotiate prepayment terms to ensure flexibility. Always confirm prepayment terms before finalizing your loan.

We have solutions for various income situations:

• Low salaried income: We can consider other income sources or show future earning potential
• Self-employed/irregular income: We average your income over 12-24 months
• Seasonal businesses: We use peak season income as the benchmark
• New businesses: We may consider promoter's experience and projections

Our specialized lenders understand different business models and can structure loans accordingly.

Our fee structure is transparent:

• Advisory service: Completely free for applicants
• Success fee: Paid by the lender upon disbursal (no cost to you)
• Processing fee: Charged by the lender (typically 1-3% of loan amount)

There are never any hidden charges or upfront fees. You only pay standard processing fees to the lender as per RBI guidelines.

Yes, we have options for first-time borrowers:

• Special first-time borrower programs with select lenders
• May require additional documentation like educational qualifications
• Can consider secured loans (like car loans) to build credit
• May need a co-applicant or guarantor initially
• Typically start with smaller loan amounts

We've helped many first-time borrowers establish their credit history successfully.