Eligibility varies by loan type, but generally, applicants must be of legal age, have a steady income source, and meet the lender’s credit criteria.

The loan amount depends on your income, existing liabilities, and the lender’s assessment. Higher income and lower debts usually increase your eligible loan amount.

Commonly required documents include identity proof, address proof, income proof (salary slips or bank statements), and property documents for secured loans.

Approval time varies: instant loans may be approved in a few hours, while larger loans like home loans can take a few days to weeks.

Interest rates vary by loan type, lender, and credit profile. Personal loans usually have higher rates, while home or secured loans have lower rates.

It’s possible, but options may be limited, and interest rates could be higher. Improving your credit score can help secure better terms.