UNITED MAHILA MULTISTATE CREDIT CO-OPERATIVE SOCIETY NAYA BAZAR, MAIN ROAD, DHANBAD, JHARKHAND – 826001 (If You Educate a Women , You Educate a Nation)
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Personal Loan

Features and Benefits of Personal Loan:

A planned or unplanned financial expenditure can occur at any point in your life. Be it any medical expenses, wedding, education, dream vacation, shopping, home renovation or any other purpose, an instant personal loan can help you with all your financial needs.

A quick personal loan from United Mahila Multistate Credit Co-Operative Society is the one stop solution for any individual seeking financial assistance. We offer collateral free personal loans at attractive interest rates with flexible repayment tenure. Our unsecured loans also allow you to apply for top up loan to meet your financial requirements. Experience a hassle-free documentation process, quick processing and speedy loan disbursal.

Our personal loan serves multi-purpose for both, salaried and self-employed individuals. Salaried individuals can get instant loan or pre approved personal loan for home renovation, planning a holiday or dream vacation, for wedding preparation and more. Self-employed individuals may use the personal loan for a new investment, short term working capital needs and or any other personal need. We also offer personal loan balance transfer at low interest rate to ease your financial burden.

Availing Personal Loan from United Mahila Multistate Credit Co-Operative Society can have a lot of benefits for you.

  • Personal Loan up to Rs. 5 Lakh

    • Based on your eligibility, you can get easy personal loans up to Rs. 5 Lakh. At United Mahila Multistate Credit Co-Operative Society, we try to match your financial requirements.

  • Attractive personal loan interest rates

    • Get the advantage of best low interest personal Loans from United Mahila Multistate Credit Co-Operative Society. These attractive personal loan interest rates are specially customized based on your need and repaying capacity.

  • Flexible Repayment Tenure

    • United Mahila Multistate Credit Co-Operative Society offers repayment tenure ranging from 12 to 60 months when availing a personal loan. You can pay the EMIs without any worry of financial burden.

  • Hassle – Free Documentation Process

    • Experience a minimal and quick documentation with our quick personal loan application process. When online personal loan application is made, the entire process is paperless and all you need to do is upload soft copy of the documents to get you started.

  • Quick Processing and Speedy Disbursal

    • Based on your documentation and personal loan eligibility, the loan amount gets approved instantly and quickly disbursed to your bank account. This ensures you get an instant loan without having to wait for long to use your funds.

  • No Collateral or Guarantors Required –

    • Being an unsecured loan, there is no requirement to submit any collateral or guarantor stand-ins to get a personal loan.

    Apply for an instant online loans by visiting your nearest United Mahila Multistate Credit Co-Operative Society branch and avail the best offer based on your financial profile.

    Personal Loan Eligibility Criteria

    Salaried Individuals include Salaried Doctors, CAs, employees of select Public and Private limited companies, Government Sector employees including public sector undertakings:

    Eligibility Criteria
  • Minimum age of applicant: 21 years
  • Maximum age of applicant at loan maturity - 60 years or retirement, whichever is earlier) (65 years for Government Employees. Conditions Apply)
  • Minimum employment - Minimum 1 year in employment with at least 1-month salary credited from the current organisation
  • Minimum Net Monthly Income - ₹20,000 for Metro Locations (Ahmedabad, Bangalore, instant loan Chennai, Delhi, Hyderabad, Kolkata, Mumbai & Pune) & ₹15,000 for All Other Locations.

    • Personal Loan for Self employed (Professionals) include self-employed Doctors, Chartered Accountants, Architects, and Company Secretaries.

    Eligibility Criteria
  • Minimum age of Applicant: 22 years
  • Maximum age of Applicant at loan maturity: 65 years
  • Years in business: Minimum 3 years

    • Minimum Annual Income - ₹100000/- p.a. for Metro Locations & ₹75,000/- p.a. for non-metro locations.

    Personal Loan for Self employed (Individuals) include self-employed - Sole proprietors, Partners & Directors in the Business of Manufacturing, Trading or Services.

    Eligibility Criteria
  • Minimum age of Applicant: 22 years
  • Maximum age of Applicant at loan maturity: 65 years
  • Years in business: Minimum 4 years with minimum 2 years in the same Business
  • Minimum Annual Income: ₹ 100000/- p.a. for Metro Locations & ₹ 75,000/- p.a. for non-metro locations.

    • Self-employed (Pvt. Co. and Partnership Firms) include Private Companies and Partnership firms in the Business of Manufacturing, Trading or Services

    Eligibility Criteria
  • Minimum age of Applicant: 22 years
  • Maximum age of Applicant at loan maturity: 65 years
  • Years in business: Minimum 4 years with minimum 2 years in the same Business
  • Minimum Annual Income: ₹ 100000/- p.a. for Metro Locations & ₹ 75,000/- p.a. for non-metro locations.
  • Business must be profit making for the last 2 years

    • Documents Required for a Personal Loan

    Salaried Individuals include Salaried Doctors, CAs, employees of select Public and Private limited companies, Government Sector employees including public sector undertakings:

    Documents required:
  • Proof of Identity & Address Proof - Passport/Voters ID/Driving License/PAN Card*/Aadhar or Proof of possession of Aadhaar number (no Voluntary basis) /Photo Image/Job card issued by NREGA duly signed by an officer of the State Government/Letter issued by the National Population Register containing details of name and address/Utility Bill (anyone which is not more than two months old of any service provider - electricity, telephone, post-paid mobile phone, piped gas, water bill/Registered Rental Agreement/Letter of allotment of accommodation from employer/leave and license agreements with employers allotting official accommodation
  • Proof of Date of Birth - Driving License / PAN Card / Passport / Birth Certificate / 10th / 12th mark sheet bearing date of birth
  • Bank Statements - Latest statements / Bank passbook (updated within 90 days)
  • Latest 3 Months Salary Slip along with latest Form 16 / ITR / Appointment Letter.

    • Self-employed (Professionals) include self-employed Doctors, Chartered Accountants, Architects, and Company Secretaries.

    Documents required:
  • Proof of Identity & Address Proof: Passport / Voters ID / Driving License/PAN Card*/Aadhar Card or Proof of possession of Aadhaar number(on Voluntary basis) Photo/Driving License/ Voter ID/ Utility Bill (anyone which is not more than two months old of any service provider - electricity, telephone, post-paid mobile phone, piped gas, water/Registered Rental Agreement / Letter of allotment of accommodation from employer/ leave and license agreements with employers allotting official accommodation
  • Date of Birth Proof: Driving License / Pan Card* / Passport Copy / Birth Certificate / 10th / 12th mark sheet bearing date of birth
  • Bank Statements: Latest statements / Bank passbook (updated within 90 days)
  • Latest ITR along with computation of income, B/S & P&L a/c for the last 2 years certified by a CA

    • Self-employed (Individuals) include self-employed - Sole proprietors, Partners & Directors in the Business of Manufacturing, Trading or Services.

    Documents required:
  • Proof of Identity & Address Proof: Passport / Voters ID / Driving License/PAN Card* of the Proprietorship Firm and Proprietor/Aadhar Card or Proof of possession of Aadhaar number(on Voluntary basis) /Photo/Driving License/ Voter ID/ Utility Bill (anyone which is not more than two months old of any service provider - electricity, telephone, post-paid mobile phone, piped gas, water bill)/Registered Rental AgreementLetter of allotment of accommodation from employer/ leave and license agreements with employers allotting official accommodation/Registration Certificate
  • Date of Birth Proof: Driving License / Pan Card / Passport Copy / Birth Certificate / 10th / 12th mark sheet bearing date of birth
  • Bank Statements: Latest statements / Bank passbook (updated within 90 days)
  • Latest ITR along with computation of income, B/S & P&L a/c for the last 2 years certified by a CA
  • Proof of continuation: Trade license /Establishment /Sales Tax certificate
  • Other Mandatory Documents - For the Proprietorship Concern any two of the following documents should be obtained(Registration certificate, Certificate/license issued by the municipal authorities under Shop and Establishment Act, Sales and income tax returns, CST/VAT/ GST certificate (provisional/final), Certificate/registration document issued by Sales Tax/Service Tax/Professional Tax authorities, IEC (Importer Exporter Code) issued to the proprietary concern by the office of DGFT/ Licence/certificate of practice issued in the name of the proprietary concern by any professional body incorporated under a statute, Complete Income Tax Return (not just the acknowledgment) in the name of the sole proprietor where the firm's income is reflected, duly authenticated/acknowledged by the Income Tax authorities, Utility bills such as electricity, water, and landline telephone bills.)

    • Self-employed (Pvt Cos and Partnership Firms) include Private Companies and Partnership firms in the Business of Manufacturing, Trading or Services

    Documents required:
  • Proof of Identity & Address Proof: Passport / Voters ID / Driving License and PAN Card* of all Partners /Directors/ each authorized signatory /Aadhar Card or Proof of possession of Aadhaar number(on Voluntary basis) / Photo/Utility Bill (anyone (anyone which is not more than two months old of any service provider - electricity, telephone, post-paid mobile phone, piped gas, water bill) / Registered Rental Agreement/Letter of allotment of accommodation from employer/ leave and license agreements with employers allotting official accommodation
  • Date of Birth Proof: Driving License / Pan Card / Passport Copy / Birth Certificate / 10th / 12th mark sheet bearing date of birth
  • PAN CARD of the Partnership Firm or Private Ltd Company. (Mandatory)
  • Registration Certificate for Partnership firm
  • Bank Statements: Latest statements / Bank passbook (updated within 90 days)
  • Power of Attorney granted to a partner, managers, officers or an employee of the firm or a company to transact business on its behalf.
  • The complete Income Tax return (not just the acknowledgment) in the name of the Partnership Firm where the firm's income is reflected, duly authenticated/acknowledged by the Income Tax Authorities.
  • Proof of continuation: Trade license /Establishment /Sales Tax certificate/ SSI Registration
  • Other Mandatory Documents (Sole Prop. Decl. Or Cert. Copy of Partnership Deed (to be verified against original), Certified true copy of Memorandum & Articles of Association (Certified by Director) & Board resolution (Original).)

    • For Pvt Ltd. Companies. – Following required additional
  • 1 a) Certified Copy of Certificate of Incorporation and an updated Memorandum and Articles of Association (certified either by Company Secretary / Director);
  • Certified Copy of Resolution of the Board of Directors to open an account and identification of those who have authority to operate the account duly signed by two directors or a company secretary;
  • Form 32 / DIR 12 duly filed with Registrar of Companies - Only in cases where the list of directors are not original subscribers to MOA & AOA, and
  • Certified copy of the Form 18 / INC 22 filed with Registrar of Companies.- Only in cases where the address is different from document listed in 1 a)