Mobile Loan Eligibility Criteria and Documents Required | TVS Credit

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Mobile Loans Eligibility Criteria

Determine your eligibility for our Mobile Loans and apply today. We have all the necessary information to assist you.

Indian Nationality - Eligibility Criteria

Nationality

Indian

Eligibility Criteria for a Mobile Loan - Age

Age

18 – 65 years*

Eligibility Criteria - Status of Employment

Employment

Salaried/Self-employed

What are the documents required for a Mobile Loan?

Ensure that you meet the criteria for your Mobile Loan and submit the below documents to get your loan approved quickly.

Type	Document
KYC Documents	Copy of Voter’s ID/Driving Licence/Aadhaar Card/PAN Card/Passport
Address Proof	Copy of Ration Card/Passport/Electricity Bill

Factors affecting Mobile Loan eligibility

Age

Your age must be 21 years or older. If not, you can continue with the Loan process with a guarantor.

Income stability

Your work experience at your current organisation should be at least 6 months.

Credit score

You should maintain a credit score of more than 750 to increase the instant Mobile Loan approval possibility.

Existing debt status

Your present debt status and repayment pattern can affect the chances of getting your Loan approved.

Frequently Asked Questions

Why should I take a mobile loan from TVS Credit?

TVS Credit's Mobile Loan offers hassle-free financing, enabling you to purchase your desired mobile phone with ease and convenience. With competitive interest rates and flexible repayment options, we ensure affordability and empower you to fulfil your aspirations without straining your budget.

Who can apply for a mobile loan with TVS Credit?

Any salaried or self-employed individual between the age of 21 and 60 years with a steady source of income can apply for a Mobile Loan from TVS Credit.

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