Third Party Loan Eligibility

A Third Party Loan from Rohini Financial Services allows you to access quick financing with the support of a guarantor or collateral provided by another individual or entity.
Before you apply, review the eligibility requirements to ensure a smooth and successful loan approval process.

Basic Eligibility Criteria

✅ Applicant Type

Individuals, self-employed professionals, or business owners

Small and medium enterprises (SMEs)

Partnership firms and private limited companies

✅ Third-Party Guarantor / Collateral Provider

Must be an Indian resident aged 21–65 years

Should have a stable income source or valid ownership of pledged collateral

Must have a good credit history (CIBIL score 700+)

✅ Business / Income Stability

Minimum 1–2 years of business or employment continuity

Regular income flow and verifiable financial history

✅ Credit Score

Applicant’s minimum CIBIL score of 650+ is preferred

Stronger guarantor credit profiles can improve approval chances and interest rates

✅ Loan Amount Eligibility

Based on combined financial strength of borrower and guarantor, and collateral value

✅ Age Criteria

Applicant: 21 to 65 years at loan maturity

Guarantor: 21 to 70 years at loan maturity

Documents Required

📄 For Borrower:

PAN, Aadhaar, and address proof

Income proof (salary slips, ITR, or bank statements)

Business registration documents (if applicable)

📑 For Guarantor / Third Party:

KYC documents (PAN, Aadhaar, address proof)

Ownership proof of collateral (property papers, FD certificate, etc.)

Income proof or bank statements (last 6–12 months)

🏢 Additional Documents (if applicable):

Partnership deed / Business incorporation certificate

Latest GST returns and ITR

Loan application form duly signed by both parties

Factors Affecting Loan Eligibility

📈 Credit Score & Repayment History – Both borrower’s and guarantor’s financial records matter.
💼 Collateral Value – Higher-value or easily liquid assets improve loan eligibility.
💰 Income Stability – Regular, verifiable income assures timely repayments.
👥 Relationship Between Borrower & Guarantor – Trusted financial relationships help strengthen approval chances.

Tips to Improve Eligibility

Maintain a healthy credit score and low debt ratio.

Choose a financially strong guarantor with a reliable credit background.

Ensure proper documentation and valid ownership proof of collateral.

Apply for a realistic loan amount based on combined financial capacity.

Check Your Eligibility Instantly

At Rohini Financial Services, we make the process simple, secure, and transparent.
Our experts assess both borrower and guarantor profiles to ensure you get the best possible loan terms with quick approval.

📞 Call Now or 💻 Apply Online to check your eligibility and get approved today!