Eligibility

Each lender has their own set of criteria when evaluating a personal loan application. Some of the general criteria followed by most lending institutions is as below:
  • Monthly income & expenses
  • Age
  • Existing loans
  • Job stability
  • Employer category
  • Credit history
To apply for a personal loan through MyFi, you must check the boxes below:
Profession Type Salaried Only
Nationality Indian Only
Minimum Age 21 Years
Maximum Age 58 Years
Minimum Work Experience 1 Year
Minimum net Monthly Income INR 20,000
Method of receiving Income Bank Transfer Only