Question 1

How Personal Loan Works?

Accepted Answer

Personal loans are a form of installment credit. Unlike a credit card, a personal loan delivers a one-time payment of cash to borrowers. Then, borrowers pay back that amount plus interest in regular, monthly installments over the lifetime of the loan, known as its term.

Question 2

How Much Personal Loan Can I Borrow?

Accepted Answer

The loan amount is determined based on factors like your age, income, credit score and job type.

Question 3

Am I eligible for personal loan?

Accepted Answer

You must have a regular source of income to avail a personal loan whether you are a salaried individual, self-employed business person or a professional. A person’s eligibility is also affected by the company he/she is employed with, his/her credit history his/her residential location and other factors as per the lender’s criteria.

Question 4

What is the tenure of a personal loan?

Accepted Answer

Personal loans feature tenure of 1 year to 5 years or 12 to 60 months. In rare cases, shorter or longer personal loan tenures may be allowed by the borrower on a case by case basis.

Question 5

What are the key documents required when applying for a personal loan?

Accepted Answer

Income proof (Salary Slip for salaried/recent acknowledged ITR for self-employed)
 • Address Proof Documents
 • Identity Proof Documents and others

Question 6

How is the personal loan disbursed?

Accepted Answer

Once you get approved for a personal loan, you may either receive an account payee cheque/draft equal to the loan amount or get the money deposited automatically into your savings account electronically.

Question 7

What is the Business Loan tenure?

Accepted Answer

It can be between 12 months to 36 months depending on the applicant’s requirement.

Customer Services

Frequently Asked Questions (FAQ)

Quick Links

Policies

Important Links

Annual Return in Form MGT-7 as on 2023 - 2024

Address

Registered Office: Sunita Finlease Ltd., G.E.Road, Opp. Rajkumar College, Choubey Colony, Raipur - 492010, Chhattisgarh.
Corporate Office: #29/51 Tulip, Sunita Park,
G.E.Road NH-53, Opposite Agriculture College, Labhandih, Raipur - 492 006 (CG)
Phone : +91 8447837455
Email : support@sunitaonline.com

CIN: U65100CT1985PLC002706
GSTIN: 22AADCS2759J1ZA
PAN: AADCS2759J
SSI Registered: 220100122561
MSME UDYAM: UDYAM-CG-14-0019703
RBI Registered NBFC: 03.00007
DUNS: 871982715
LEI Certificate: 6488SXV791A96PW7C376
ONDC Org ID: 3829
ISO/IEC 27001:2022