Debt Consolidation Loan refers to pay off your existing secured/unsecured loans by taking a new loan at lower interest rates or a lower monthly installments or both, from different financial institutions or creditors. It makes convenient to service a single loan at fairly low monthly payments against a number of loans/debts taken from different creditors at high interest rates.
Debt Consolidation loans are interest free even if they are unsecured ones, i.e. they are not backed by debitor's assests. The secured debt consolidation loans are completely tax free if home equity is not involved. Debt Consolidation loans makes it easy to pay off the principal loan amount faster as the interest rates are typically low which gives a boost to your credit scores once the full balance amount gets paid off.
Hence, it makes a complete sense to opt for debt consolidation loans if you're stressed with collection agencies calling you everyday asking about your loan payments taken at high interest rates. Faircent offers debt consolidation loans of upto 10 Lakhs at lowest interest rates in India, if you are facing any difficulty to pay multiple monthly payments on time.
Get Debt Consolidation Loan at Lowest Interest Rates in India from Faircent in Just 3 Simple Steps
- Register online and upload documents to get Debt Consolidation Loans.
- Get approval and start receiving proposals for Debt Consolidation Loans.
- Debt Consolidation Loan amount gets credited to your bank account directly.
Faircent Advantage to apply for a Debt Consolidation Loan at Lowest Interest Rates in India
- Debt Consolidation Loan at Lowest Interest Rates
- Assured Flow of Debt Consolidation Loan Funds to your Bank
- No Bank Mediation to get Debt Consolidation Loans
- Quick and Instant Approval to get Debt Consolidation Loan
- Get Debt Consolidation Loan without Security(Collateral) from Faircent
- Least Documentation to apply for a Debt Consolidation Loan
- Easy & Transparent Process to get Debt Consolidation Loan
Documents required to apply for a Debt Consolidation Loan at Lowest Interest Rates in India at Faircent
|Identity Proof (any one of the following)||PAN Card, Adhaar Card, Voter ID, Passport|
|Date of Birth Proof (any one of the following)||PAN Card, Passport|
|Signature Proof (any one of the following)||PAN Card, Signature verification from your bank, Passport|
|Address Proof (any one of the following)||Passport, Bank Statement, Voter ID, Electricity Bill (within last 3 months), Post paid Telephone Bill|
|Contact Proof (any one of the following)||Post paid Mobile Bill (last month), Post paid Landline Bill (last month)|
|Bank Statements||Last 6 months|
|IFSC code||Scanned/canceled cheque or copy of the front page of pass book of same bank account|
|Proof of Income||Last 3 months of Salary Slip (For Salaried Professional), Last year’s Business/Personal ITR & Take home salary (For Business Professional)|
|NACH Mandate||Please ensure sign matches bank account signatures|
Get Debt Consolidation Loans of upto 10 Lakhs at Lowest Interest Rates in India Now!Sign Up Now!