Life is full of uncertainties. You never know when you might end up needing funds immediately for business, education, family wedding, travel, home renovation, or even medical needs. At such critical points in life, a Personal Loan enables you to be self-reliant and take charge of the situation.

We, at Reliance Money, offer instant personal loans to both salaried and self-employed professionals. Our collateral-free personal loans with a simple documentation process, quick disbursal, and competitive interest rates help you to meet your demand for urgent funds.

Now you know. The next time you need funds immediately, take a Personal Loan and get it done!

Documentation

Identity Proof - Any one (e.g. Voter ID / Driving License / Passport)

Address Proof - Any one (e.g. Voter ID / Driving License / Passport / Telephone Bill / Electricity Bill / Registered Lease Deed or Sale Agreement)

Passport Size Photographs

Any other valid Photo ID card issued by the central or state government

FAQs

Who can avail Personal loan of Charlie Society?

Salaried Individuals, Self Employed Professionals, & Self Employed Businessmen

What are the lending rates?

The best possible rate, as per the eligibility of the individual.

What are the loan tenure options?

12-48 months

Which Personal Loans can be financed?

Travel, Marriage, Renovation, Education, work expansion and other personal uses.

How is the interest charged/calculated?

Interest is calculated on a monthly reducing balance basis.

What is a Monthly Reducing Balance?

In the case of the monthly reducing balance method, the principal gets reduced at the end of every month and the interest is calculated on the outstanding principal at the end of the month

Do I have to pay any additional charges?

Please refer to the Fees & Charges Schedule.

Can I use the Personal Loan for Commercial Usage?

Yes

How long will it take to process the loan?

Loan approval will be done on the spot if all requisite formalities are complied with. Disbursal will be within 3 days from the date of completion of documentation.

What are the stages involved in availing of a loan?

The stages involved are:

Application

Processing of the loan

Documentation

Disbursement

What security/collateral do I have to provide?

No security/collateral is required from RCFL. Security PDC will be taken while loan sanctioning.

Do you offer an Insurance Facility for Personal Loans?

NO insurance facility is available.

How do I repay the loan?

EMI's in the form of NACH, DD, and ECS.

Do I have the option of pre-paying the entire loan amount?

Yes. One can prepay the loan. Refer fees and charges

What is the process of a TDS refund?

TDS refund facility is not available in Personal Loans.