As a salaried engineer, you can now conveniently pay for expenses with a Personal Loan for Engineers instead of dipping into your monthly savings. With loans offering funds up to Rs.25 lakh, you can meet personal expenses like wedding, home renovation, vacation and education costs or can consolidate your existing debts into one easy loan. Shabros Finvest offers this special loan to you if you’re a mechanical, computer science/IT, civil, chemical/ an electronics engineer or an engineer with any specialisation.
As a self-employed engineer running your own business, you can avail a fast, and convenient Shabros Finvest Business Loan for Engineers up to Rs.15 lakh that is exclusively designed to keep your enterprise’s gears turning without pause.
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| For salaried engineers | For self-employed engineers | |
|---|---|---|
| Type of loan offered | Personal Loan for Engineers | Business Loan for Engineers |
| Usage of the loan | Meet high-cost personal purchases like wedding, home renovation, overseas education, vacation, consolidate all your credit cards and existing debts into one or use it as you like. | Grow your business by increasing working capital, buying the latest machinery, clearing payments to creditors and more. |
| Loan amount | Loans up to Rs.25 lakh | Loans up to Rs.15 lakh |
| Nature of the loan | Unsecured: No collateral needed | Unsecured: No collateral needed |
| Loan approval | Within 24 hours | Within 24 hours |
| Repayment tenor | 12-72 months | 12- 60 months |
| Documentation requirement | 2Minimum | Minimum |
| Online account facility to track your loan details | Yes | Yes |
| Flexible withdrawals and repayments with Flexi Loan facility | Yes | Yes |
| Pre-approved offers just for you | Yes | Yes |
