PL – Unsecured Limit
A flexible personal credit line you can draw and repay — without pledging any asset.
A Personal Loan Unsecured Limit is a pre-approved revolving credit facility for salaried and self-employed individuals. Draw funds as needed, pay interest only on utilised amount, and replenish your limit with every repayment — all without any collateral.
Why choose RawaniGrow for your PL – Unsecured Limit
Our institutional advisory model ensures maximum approval certainty with preferential interest rates.
Eligibility & Required Documentation
Check qualification thresholds and prepare required verification paperwork beforehand for same-day processing.
Who is Eligible
- Salaried individuals with minimum net salary of ₹25,000/month
- Self-employed professionals with stable income track record
- Age between 21 and 58 years
- CIBIL score of 720+ for best limit and rates
- Minimum 1 year with current employer or 2 years in business
Required Documents
- PAN Card (mandatory) and Aadhaar Card
- Last 3 months salary slips (salaried) or last 2 years ITR (self-employed)
- Last 6 months primary bank account statements
- Current residence address proof (Aadhaar / Utility Bill)
PL – Unsecured Limit FAQs
Frequently asked questions specific to PL – Unsecured Limit applications, interest rules, and approvals.
A personal loan is a one-time disbursement repaid in fixed EMIs. A PL Unsecured Limit is a revolving facility — you can draw multiple times within your approved limit and interest is charged only on the outstanding balance, not the full limit amount.
Yes. The PL Unsecured Limit is end-use free — you can use it for medical emergencies, travel, home renovation, bill payments, or any personal requirement without providing justification to the lender.
For pre-approved profiles identified by partner banks, the limit can be activated within a few hours. For fresh applications, the typical sanction time is 2 to 5 working days post document verification.
Ready to secure your PL – Unsecured Limit?
Our advisory desk checks live sanction guidelines across 70+ lenders and guides your application end-to-end at zero fee.