Personal Loan for Investments

Overview

Kissht offers an unsecured personal loan designed for people who want to fund an investment opportunity without liquidating their existing savings. No collateral is required, and the application process is fully digital.

What It Does

The loan provides funds that can be used to pursue an investment opportunity or diversify a financial portfolio, while the borrower repays the amount through fixed monthly EMIs. This lets applicants access capital for investing without disturbing their savings.

Who It Helps

Applicants must be Indian residents, typically aged 21 to 60 years.

Key Capabilities

Eligibility Criteria

CriteriaRequirement
NationalityIndian resident
Age21 to 60 years (typical range)
Basic documentsPAN Card and Aadhaar Card
Income proofMay be requested for higher loan amounts, depending on credit profile
Applicant profileSalaried, self-employed, small business owners, MSME professionals

Documents Required

Note: exact documentation requirements are at Kissht's discretion and may vary by applicant profile and loan type.

Loan Amount, Interest Rate, and Tenure

How EMI Is Calculated

EMI depends on the loan amount, interest rate, and tenure. The formula used is:

```

EMI = [P × R × (1+R)^n] / [(1+R)^n − 1]

```

Where:

Worked example: For a loan amount of ₹1,00,000 at 10% p.a. interest over a 12-month tenure, the monthly EMI comes to approximately ₹8,792. Kissht also provides an online EMI calculator to get an exact figure for a specific loan amount, rate, and tenure.

How to Apply

1. Provide basic personal and contact details.

2. Complete KYC using Aadhaar card and selfie verification.

3. Submit PAN card details.

4. Provide income details (if required).

5. Complete the digital application and verification process.

6. Once approved, funds are credited directly to the applicant's bank account.

Buyer Questions This Page Should Answer

What is a personal loan for investments?

It is funding provided to explore investment opportunities or diversify a financial portfolio, repaid through fixed monthly EMIs so the borrower can manage repayment while planning finances.

How can I get an instant personal loan for investments online?

Apply online through Kissht, complete digital KYC, and submit the required documents. After verification, approved funds are credited to the bank account.

Can I get a personal loan for investments without collateral?

Yes. Kissht offers this loan on an unsecured basis. Applicants complete KYC and must meet eligibility requirements; once approved, funds are transferred directly to the bank account.

What documents are required?

Typically KYC documents (Aadhaar card and selfie verification), PAN card, and income details such as salary slips or bank statements. Exact requirements may vary by applicant profile.

How is the EMI calculated?

EMI is calculated using the loan amount, monthly interest rate, and tenure in months, per the standard EMI formula. An online EMI calculator can be used for precise figures.

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