How Can I Get A Personal Loan In Lucknow? | Loaney

Borrowing a loan has gained a lot of popularity in recent years. With changing policies and more accessible borrowing methods coming into play, people are now more comfortable borrowing a loan than looking for help elsewhere. A personal loan is a type of loan that can be availed online without much paperwork or collateral. This loan can be applied for and approved immediately and can be your go-to option in an emergency. No matter which city you live in, what field of work you do, what kind of lifestyle you follow, a financial emergency can arise at any time. In this article, we will be addressing how to get a personal loan in Lucknow. We will be sharing all the necessary information about personal loans, the prerequisites for applying for a loan, and getting an urgent cash loan in Lucknow. 

Table Of Contents

In this guide about personal loans in Lucknow, we will be discussing the following topics with you. The in-depth information will help you in not only understand small amount loans but also in applying for the same. 

  • What is Loaney? How to get urgent cash loans in Lucknow?
  • Personal loan in Lucknow – An overview
  • Procedure for getting a personal loan in Lucknow
  • Types of personal loans available in Lucknow
  • Fees and charges
  • How to apply for a personal loan in Lucknow?

Before concluding, we will be answering some more questions that might have crossed your mind to help clear all your doubts regarding personal loans. 

What Is Loaney? How To Get Urgent Cash Loans In Lucknow?

Borrowing a loan is an excellent option for people looking for extra funds for their requirements, be it personal or professional. Often people need to borrow loans in times of emergencies. It could be a medical emergency or an expense that you would not have planned for, or a bill that needs to be paid immediately. In such situations, you might not have much time to apply for a loan with a bank or financial institution, wait for approval, and then wait for the amount to be transferred. You might be looking for loan options that immediately provide you with the funds without a lengthy application process or much waiting time. A personal loan can be a good option in this scenario. Personal loans can be borrowed online using platforms like Loaney, where applying for a loan takes only a few minutes, and the loan is approved immediately. Let us look at a few other features of Loaney that make it one of the best platforms for urgent cash loans in Lucknow. 

Loaney is an online loan-providing platform where the applicant can use a personal loan for small amounts. Loaney offers personal loans in Lucknow for low-interest rates and shorter repayment tenures. The applicant can easily apply for a loan on this platform without much paperwork, and there is no need to submit collateral. Loaney also does not ask for a guarantor to be presented for the loan application to be approved. Within a few clicks, you can complete the application process and get your application reviewed immediately. The loan is approved within a few minutes, and the loan amount is disbursed to your bank account in less than an hour. You can quickly get an urgent cash loan from the comfort of your homes in Lucknow by using Loaney. 

Personal Loan In Lucknow – An Overview

Lucknow is the city of Nawabs and the capital city of India’s most populated state, Uttar Pradesh. It is one of the most important cities in North India. A highly populated state implies more people that in turn implies more economic activity. Living in this city which is loaded with culture and heritage, is truly a delight. If you live in Lucknow and are looking for a personal loan, you can easily count on online loan borrowing services. 

Procedure For Getting A Personal Loan In Lucknow

No matter which type of loan you are looking forward to borrowing, a standard procedure must be followed. Before you apply for a loan, you must look at the loans offered by various banks, loan providers, and moneylenders. You must shortlist those options, which are lending the amount you require and charging an interest rate that you can quickly pay back. After this, you must check the eligibility criteria for qualifying for this loan and the documents needed for loan approval. Once you have found a loan that you are eligible for and can quickly repay, you must complete the application procedure and get your loan approved. Once approved and disbursed, you can use the amount as per your needs. You must also make sure to repay the amount along with the interest rate within the stipulated time frame. 

Talking of the eligibility criteria and documents, you must know that these differ from one loan provider to another. But there are general criteria that you can check to see whether you will qualify for a loan or not. The following are the points that you must consider:

  • You must be an adult Indian citizen; you must be 18 years old or above.
  • You must have a PAN card. 
  • You must have an Aadhar card that is also linked to your mobile number. 
  • You must have a bank account that offers a net banking facility. 
  • You must have a minimum monthly income between INR 25k and INR 30k. 
  • The source of your income must be certified by a verified organization in India. 
  • You must have a strong credit history and a high CIBIL score of 750 or above.
  • You must not be on the CIBIL defaulter list. 

The documents that you will need to apply for a personal loan in Lucknow are:

  • Identity Proof: you can present your PAN card, Aadhar card, Voter ID card, or driving license to the moneylender. 
  • Address Proof: your utility bills, passport, Aadhar card, PAN card, or voter ID card can be used as address proof.
  • Income Proof: you can submit your latest salary slip or your ITR as proof of income.
  • Bank Statement: you will be required to submit your bank statement for the last 3 to 6 months. 

If you apply for an urgent cash loan in Lucknow on Loaney, you can do so using only the following documents:

  • Your PAN card
  • Your Aadhar Card is linked to the mobile number you will be registering with
  • A picture of you
  • Your Bank account with an internet banking facility.

Types Of Personal Loans Available In Lucknow

When you borrow a loan from a bank or a financial institution with a specific purpose, like a home loan, car loan, or student loan, you have to pledge collateral and use the funds for that very purpose. A personal loan is a better alternative because the lender does not inquire about borrowing the amount, and you can easily use the funds as per your needs. 

Some of the common uses of a personal loan include:

  • Buying new machinery for your industry or expanding your business
  • Funding your wedding
  • Paying the fees for your higher education 
  • Planning your dream vacation 
  • Building the house, you have always wanted
  • Buying a new car
  • Paying off debts that are pending
  • Paying bills
  • Medical emergencies

Fees And Charges

If you borrow a personal loan in Lucknow, you will have to repay the loan amount and interest charged. You will also have to pay a convenience fee, platform fee, and processing charges if you borrow this loan online. 

How To Apply For A Personal Loan In Lucknow?

Applying for a personal loan online is an effortless task. The following are the steps to apply for an urgent cash loan in Lucknow:

  • Visit the official website of Loaney and register yourself.
  • Complete the application form by filling in your personal details and uploading the documents as required.
  • Submit the application form for verification and review. 
  • Once reviewed, the application is approved. This process takes a few minutes. 
  • After the application is reviewed and approved, the loan amount is transferred to your bank account. 
  • You can withdraw this amount as cash as and when you need it. 


1. What is the lowest interest rate on a personal loan in Lucknow?

The lowest interest rate at which you can borrow a personal loan in Lucknow is 10.25%.

2. How long does it take to get a personal loan in Lucknow?

If you are applying on Loaney, you can get a personal loan in Lucknow in less than an hour. 

3. How can I get a personal loan in Lucknow? 

You can get a personal loan in Lucknow from your banks, private money lenders, or loan providers online. All you have to do is make sure you qualify for the loan and present the required documents.

4. Can I get a personal loan if my salary is Rs. 10,000?

Loaney offers personal loans to its clients without a background check on their income. Hence, you can get a personal loan of your salary is Rs. 10,000