Personal loans can be provided to individuals who meet certain eligibility criteria set by banks or financial institutions. Typically, these include salaried employees, self-employed professionals, or business owners with a stable income. Applicants usually need to be above 21 years old, have a good credit score (generally 750 or higher), and provide proof of income, identity, and address. Some lenders may also consider factors like employment stability or existing debt. Essentially, anyone with a reliable repayment capacity and proper documentation can apply for a personal loan, subject to the lender's terms.