IDLC Personal Loans

IDLC Personal Loans cater to various needs, whether it’s funding your child’s education, covering wedding expenses, or addressing emergency medical costs. With personalized loan options, IDLC provides the flexibility to fulfill your aspirations and necessities alike.

IDLC Personal Loans Features

• Minimum loan amount of Taka 1 lac
• Maximum loan tenure of 5 years
• Fastest turnaround time in the industry
• Competitive interest rates
• Option to fully or partially repay the loan before the expiry date

IDLC Personal Loans Eligibility

• You must be between 20 and 60 years old.
• You must have a minimum of two years of employment with your current employer.

How to use the loan?

IDLC personal loans can be used for a variety of purposes, including:

• Purchasing consumer durables
• Renovating or improving your home
• Meeting financial obligations
• Paying for your own or your dependents’ weddings
• Funding education
• Traveling domestically or internationally
• Paying for medical treatment for yourself or your family members
• Other needs

IDLC Personal Loans Required documents

To apply for a personal loan, you will need to provide the following mandatory and supplementary documents:

• Mandatory documents:
  • National Identity Card (NID)
  • Passport-size photograph
  • Latest utility bill
  • Latest bank statement
  • Latest salary certificate and payslip
• Supplementary documents (if applicable):
  • Business registration certificate (for business owners)
  • Income tax return (for self-employed individuals)

For more information on the required documents, please download the Personal Loan PDF.

Frequently Asked Questions (FAQs)

Q1: What is the minimum loan amount offered by IDLC Personal Loans?
A: The minimum loan amount offered by IDLC Personal Loans is Taka 1 lakh.

Q2: What is the maximum loan tenure for IDLC Personal Loans?
A: The maximum loan tenure for IDLC Personal Loans is 5 years.

Q3: What is the turnaround time for loan approval with IDLC Personal Loans?
A: IDLC Personal Loans boast the fastest turnaround time in the industry, ensuring swift processing and approval.

Q4: What are the interest rates offered by IDLC Personal Loans?
A: IDLC Personal Loans offer competitive interest rates to suit your financial needs.

Q5: Can I fully or partially repay the loan before the expiry date?
A: Yes, IDLC Personal Loans offer the option to fully or partially repay the loan before the expiry date, providing flexibility to borrowers.

Q6: What are the eligibility criteria for IDLC Personal Loans?
A: To be eligible for IDLC Personal Loans, you must be between 20 and 60 years old and have a minimum of two years of employment with your current employer.

Q7: How can I use the loan amount obtained through IDLC Personal Loans?
A: The loan amount from IDLC Personal Loans can be used for various purposes, including purchasing consumer durables, home renovation, meeting financial obligations, wedding expenses, education funding, domestic or international travel, medical treatment, and other personal needs.

Q8: What documents are required to apply for IDLC Personal Loans?
A: Mandatory documents include National Identity Card (NID), passport-size photograph, latest utility bill, latest bank statement, and salary certificate/payslip. Supplementary documents may be required based on individual circumstances, such as business registration certificate for business owners or income tax return for self-employed individuals.