care@investkraft.com
+91-9797971876
+91-9797971876
Self-employed Loan
Complete online application
-
Quick approval
-
Minimum documentation
Scan this QR code to apply for multiple loans with attractive interest rates!
Get a Self-employed Loan up to 50 Lakhs
What is a Personal Loan for a Self-employed Person?
A personal loan for self-employed individuals has been designed especially for entrepreneurs, businesses, and other commercial-activity people to help them maintain adequate cash flow for carrying out various business activities. Such a loan is intended to help the borrower in managing daily business-related expenses and ensure the continuity of the business.
Similar to a typical personal loan, the amount obtained through a personal loan for self-employed can be used for any purpose such as education, business, wedding, holidays, medical expenses, unforeseen expenses, etc. A majority of banks and NBFCs first check the credit profile of the borrower before approving the loan and this also plays a role in the determination of applicable loan amount and interest rates.
If you are a passionate self-employed individual who is willing to go the extra mile, InvestKraft could be your most sought-after partner with respect to financial support. At InvestKraft, we believe in making both money and life simpler in every possible way and this is why our loan products are quite reasonable in all aspects. Be it a professional need or a personal one, our loan for self-employed individuals is very easy to get and with easier repayment terms, it won’t cause a burden on your back. This way, you can live your life to the fullest without worrying about funds.
Getting a personal loan for self-employed individuals from InvestKraft is very easy as you just need to download the InvestKraft app , check your eligibility, upload the required doc, and if you meet the eligibility criteria, your loan would be approved soon.
Our InvestKraft Family is Continuously Expanding.
Join Our Network of 150+ partners today!
Become a Partner
EMI Calculator
Benefits and Features at InvestKraft of Personal Loan For Self-employed
If you are self-employed and come across a financial emergency, you can opt for a personal loan for self-employed individuals from InvestKraft in no time. There are numerous benefits of availing a personal loan from InvestKraft including:
100% Online Loan Application
We believe in adopting newer technology for unmatched ease and value to our users. You can easily upload the required documents through our app and your loan approval decision will be conveyed online. Our 3-KYC procedure is super easy to avail. This requires no compulsion to visit any branch or office.
Faster Verification
We adopt an e-KYC procedure for loan approval processes which means from initial loan application submission to final approval, everything will be done at a much faster speed than our competitors.
Reasonable Interest Rates
It is our constant endeavour to make money simple for our borrowers and this is why our loan interest rate will be extremely competitive as compared to our competitors. It gives you more confidence to choose a personal loan from us.
Higher loan amount
Though we have eligibility criteria in place for a personal loan for self-employed individuals, we take a lenient approach towards loan approval. This helps borrowers in getting a higher loan amount than what our competitors offer. Get an amount between 50,000 and 10 lakhs depending on your loan eligibility standards.
Extensive Security
When you upload your identity, income, and other crucial documents on your app, you can rest assured about their security as we don’t share your confidential information with third parties. This is something we take very seriously and ensure that confidential details of our customers remain safe & secure.
Flexible Repayment Terms
With InvestKraft’s loan for self-employed individuals, you can choose a repayment tenure of up to 60 months. This way, you can repay the borrowed amount in smaller EMIs which means a lesser burden on your pocket.
Faster Disbursal
From the initial loan application submission to the final loan amount disbursal, we follow a seamless loan procedure for faster loan processing. Once you prove your loan eligibility and submit the required docs, it won’t take more than 48 hours to get the loan amount right in your bank account.
Who can apply for a Personal Loan for Self-Employed?
Entrepreneurs running small shops, online businesses, or service ventures can take advantage of a Personal Loan for Self-Employed to manage cash flow, buy inventory, or expand operations.
Self-employed medical professionals can use personal loans to upgrade clinic equipment, hire staff, or manage working capital.
Professionals offering advisory services, like financial consultants, legal experts, or management advisors, can use personal loans to manage professional expenses or fund certifications and skill upgrades.
Painters, musicians, photographers, and other creative professionals can also use a Personal Loan for Self-Employed to fund exhibitions, events, or essential equipment purchases.
Contractors in construction, event management, or other project-based industries can also take advantage of Personal Loans for Self-Employed for project execution or to meet unexpected costs.
Individuals in trading, brokerage, or commission-based businesses can utilize loans for bulk purchases or bridging gaps between payments and receivables.
Instant Personal Loan For All Your Needs
Choose from our specially curated personal loans for every need, like vehicle, shopping, travel, wedding and others.
Eligibility Criteria
Our personal loan for self-employed individuals seeks to benefit the applicant with minimal documentation and easy loan eligibility criteria. The eligibility criteria for self-employed tend to differ from one lender to another.
- You need to submit KYC documents that should include Identity and address proof (Aadhar card/Passport/Driving License)
- Financial documents may include 6months bank statements or recent bank transactions, individual profiles, photocopy and other important documents requested by the lender
- Must be a citizen of India of at least 21 -58 years of age
- Should possess a good credit score
Now Get a Self-employed Loan Online
Apply in 4 Easy Steps
Your dreams matter to You and Us. We strive to ensure our every user gets the required online Self-employed loan on priority.
Apply Self-employed Loan
2 Gather Your Documents
Get all the paperwork ready.
3 Submit Your Application
Fill out the application form and upload your documents.
4 Wait for Approval
The lender will review your application and let you know if you are approved.
Interest Rates & Other Charges
Our personal loan is a wonderful option for self-employed individuals if they are looking for a loan with faster processing and money in their bank account. Please make sure you go through all the applicable loan charges precisely before submitting your personal loan application.
If you're looking for a quick personal loan for self-employed people that can be deposited into your account right away, this is a sensible choice. To know more about InvestKraft’s loans, contact us today
Below are the details about the Interest Rates & Other Charges:
| Interest rate | range from 10.99% to 23.99%. |
|---|---|
| Processing Charges | usually stays between 0% and 6% of the approved loan value |
| Pre-closure charge | Generally, 0%-7% of the balance principal outstanding + GST @ 18% |
| Bounce charges | Ranges between Rs. 300 – 500 + taxes in most of the cases |
Get Cash at Your Fingertips With Our Personal Loan. Apply Now!
Low Rates. Fast Approval. Easy Repayment Options.
Frequently asked questions
Yes, InvestKraft’s personal loan for self-employed individuals is great for people looking for an amount between 50,000 and 10 lakhs.
Self-employed individuals can apply for personal loans based on their age, monthly income, work history, and the stability of their present firm. Anyone who is between the ages of 21 and 58 and makes at least Rs. 15,000 per year is eligible to apply for a personal loan.
Small Business Owners, Doctors with Private Practices, Consultants, Artists and Creatives, Independent Contractors, Traders and Commission Agents, and others.
Digital Journey
Lower Interest Rates
Easy Documentation Process